Author: PPD Team Date: 28/01/2025
The central government has approved an investment of Rs 4.88 billion under the Power System Development Fund for nine new schemes to strengthen Telangana’s power grid and ensure reliable electricity supply.
The investment will support the installation of smart meters in government offices under the Revamped Distribution Sector Scheme (RDSS).
Additionally, Telangana’s proposal under the planned distribution scheme will be given priority consideration.
Author: PPD Team Date: 06/02/2025 TenneT has signed a realisation agreement with a consortium of SSE Renewables and pension investor APG, on behalf of pension fund ABP, for the offshore grid connection of the IJmuiden Ver Alpha wind farm, located 60km offshore the Netherlands. This marks the first wind farm to adopt the 2GW direct current (DC) standard, with operations expected to begin by the end of 2029. The agreement outlines the development and construction…
Author: PPD Team Date: 08/11/2024 One year after the COP28 pledge to double global energy efficiency by 2030, a report from the International Energy Agency (IEA) reveals that countries are falling short of this goal. The IEA’s Energy Efficiency 2024 report shows that global primary energy intensity—a core energy efficiency metric—is set to improve by around 1% in 2024, the same rate as in 2023, far below the 4% target needed by 2030. At COP28,…
Author: PPD Team Date: 11/12/2024 Tata Power has announced an investment of Rs 1.2 trillion in Rajasthan to develop various renewable energy projects, including rooftop solar installations and electric vehicle (EV) charging infrastructure. The announcement was made at the Rising Rajasthan Global Investment Summit on December 9, 2024. The investment roadmap aims to transform Rajasthan into a power surplus state through clean and affordable energy. It includes Rs 750 billion for solar, wind, and hybrid…
Author: PPD Team Date: 23/12/2024 The Nuclear Company has issued a solicitation of interest to contractors for its 6GW nuclear power initiative across the United States. The project adopts a “design once, build many” strategy, leveraging advanced construction, AI, IoT, and digital technologies to streamline processes and reduce costs. Key innovations will enhance site selection, permitting, construction management, and supply chain logistics. The initiative targets rising energy demand from AI data computing, onshoring manufacturing, and…
Author: PPD Team Date: 20/01/2025 Sembcorp Industries has signed two non-binding Memorandums of Understanding (MoUs) with the Government of Odisha to explore the development of a green hydrogen production facility and an industrial park. The MoUs involve Sembcorp’s subsidiaries, Sembcorp Green Hydrogen India Private Limited (SGHIPL) and Sembcorp Development Limited, collaborating with the Industrial Promotion & Investment Corporation of Odisha and Odisha Industrial Infrastructure Development Corporation. The first MoU involves assessing the feasibility of a…
Author: PPD Team Date: 11/02/2025 China’s National Development and Reform Commission (NDRC), along with the nation’s energy administration, is taking steps to roll back subsidies for renewable energy projects, according to Reuters. In 2024, China saw a record-breaking 45% rise in solar installations, reaching nearly 887GW of installed solar capacity—six times the size of the United States’ solar power capacity, as per the International Renewable Energy Agency. This rapid growth has enabled China to meet…