Author: PPD Team Date: 12/12/2024
Chenab Valley Power Projects Private Limited (CVPP) has initiated dam concrete works for the Kwar Hydro Electric Project.
The project, a run-of-river (RoR) scheme, is located across the Chenab River near Padyarna village in the Kishtwar district of Jammu.
The project, being developed at an estimated cost of Rs 49.49 billion, is a key part of the region’s renewable energy infrastructure development.
Author: PPD Team Date: 21/02/2025 Japan’s government has approved new climate, energy, and industrial policies aimed at reducing greenhouse gas (GHG) emissions by 2040, Reuters reported. The strategy focuses on decarbonisation, energy security, and industrial growth, forming part of Japan’s long-term plan to ensure business policy stability. Japan has set a target to reduce GHG emissions by 46% from 2013 levels by 2030, 60% by 2035, and 73% by 2040. The updated targets, finalised by…
Author: PPD Team Date: 13/02/2025 The Ministry of Coal has issued letters of award (LoAs) under Category II of the Rs 85 billion coal gasification incentive scheme (CGIS) to selected applicants. Jindal Steel and Power Limited was awarded Rs 5.69 billion for a 2 million tonnes per annum (mtpa) coal gasification project in Angul, Odisha, aimed at producing direct reduced iron (DRI) and implementing carbon capture for carbon dioxide utilization. New Era Cleantech Solution Private…
Author: PPD Team Date: 03/12/2024 NTPC aims to increase its installed capacity from 76 GW to 130 GW by 2032, presenting significant growth prospects for micro, small, and medium enterprises (MSMEs). The company’s procurement value is expected to rise from Rs 190.75 billion in FY24 to Rs 325 billion by 2032, with MSMEs contributing over 52 per cent of FY24 procurement. Over five years, NTPC’s MSME procurement grew six-fold, from Rs 16.67 billion in FY20…
Author: PPD Team Date: 23/12/2024 Viaro Energy has signed a sales and purchase agreement to acquire 100% of integrated transition energy firm Evoterra’s assets, including its wind turbine fleet and oil and gas exploration licences in the UK and Germany. The deal marks Viaro’s entry into the German renewable energy market and is expected to close in 2025. The acquisition includes MicroEnergy Generation Services’ wind turbine fleet in East Anglia and Terrain Energy’s onshore oil…
Author: PPD Team Date: 27/09/2024 NTPC Green Energy Ltd (NGEL), a subsidiary of NTPC, has signed a joint venture agreement (JVA) with Mahatma Phule Renewable Energy and Infrastructure Technology (MAHAPREIT) to develop 10 GW of renewable energy (RE) projects in Maharashtra and other states. The joint venture aims to establish renewable energy parks and projects, aligning with NTPC’s goal of achieving 60 GW of RE capacity by FY32.
Author: PPD Team Date: 29/11/2024 Russia has launched its 11th major assault on Ukraine’s energy infrastructure since March 2024, leaving over a million people without power, according to officials. The attacks targeted energy and fuel facilities, with Russia deploying 91 missiles and 97 drones. The Ukrainian Air Force confirmed 12 strikes hit their targets, while Ukrainian President Volodymyr Zelenskiy condemned the offensive as a “despicable escalation,” citing the use of Cruise missiles with cluster munitions….