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: 12/11/2024 A recent survey, “Solar Spectrum of New India,” by Luminous Power Technologies, reveals rising consumer interest in solar energy in India, yet highlights affordability and skilled labour as key barriers. The survey indicates that 52% of respondents would consider solar power with better financing options, while 92% see installation costs as a primary deterrent. Despite 76% of participants noting easy access to solar technologies, high costs remain a hurdle, especially…
Author: PPD Team Date: 12/02/2025 Sahaj Solar Limited has established a wholly-owned subsidiary, Veracity Renewable Energy Private Limited, to develop solar power projects in India. The new entity will generate, accumulate, distribute, and supply solar power for its use or sale to governments, state electricity boards, power transmission and distribution intermediaries, industrial units, and consumers. Similarly, Teerth Gopicon Private Limited has incorporated a wholly-owned subsidiary, Teerth RE 1 Private Limited, to implement rooftop solar power…
Author: PPD Team Date: 24/02/2025 Tata Power Delhi Distribution (Tata Power-DDL) has partnered with Probus Smart Things to enhance smart metering technology through a Universal Network Interface Card (NIC) with Bluetooth-enabled communication. The Universal NIC aims to improve smart metering capabilities by ensuring reliable and efficient communication even in the absence of primary networks, according to a statement from Tata Power-DDL. Key features of the NIC include Bluetooth-enabled connectivity for seamless meter data collection and…
Author: PPD Team Date: 21/01/2025 UEM Lestra, a subsidiary of the UEM Group, has finalized agreements with off-takers for its 1GW hybrid solar power plant project under Malaysia’s Corporate Renewable Energy Supply Scheme (CRESS). The project, located in Segamat, Johor, is part of the National Energy Transition Roadmap (NETR). The initial phase of the 1700-acre project will involve an investment of RM2.5 billion ($556.3 million) and a solar capacity of 750 megawatts peak, supported by…
Author: PPD Team Date: 12/12/2024 RWE and TotalEnergies have chosen the port of Eemshaven in the Dutch North Sea as the assembly and construction base for their joint offshore wind project, OranjeWind. Located in the northern Groningen province, Eemshaven will serve as the hub for turbine assembly and construction activities in collaboration with Buss Terminal Eemshaven. Construction at the offshore site is set to begin in early 2026, with turbine components and inter-array cabling to…
Author: PPD Team Date: 14/11/2024 Power Grid Corporation of India Limited (POWERGRID) has released the half-yearly report for its Infrastructure Investment Trust, POWERGRID Infrastructure Investment Trust (PGInvIT). PGInvIT recorded a consolidated income of Rs 6,557.15 million for H1 FY2024-25, reflecting strong revenue generation. Net distributable cash flows reached Rs 5,228.20 million, with total distributions of Rs 5,460 million to unitholders. The Trust also reported EBITDA of Rs 6,125.07 million and a margin of 93.41%. PGInvIT…
Author: PPD Team Date: 12/11/2024 A recent survey, “Solar Spectrum of New India,” by Luminous Power Technologies, reveals rising consumer interest in solar energy in India, yet highlights affordability and skilled labour as key barriers. The survey indicates that 52% of respondents would consider solar power with better financing options, while 92% see installation costs as a primary deterrent. Despite 76% of participants noting easy access to solar technologies, high costs remain a hurdle, especially…
Author: PPD Team Date: 12/02/2025 Sahaj Solar Limited has established a wholly-owned subsidiary, Veracity Renewable Energy Private Limited, to develop solar power projects in India. The new entity will generate, accumulate, distribute, and supply solar power for its use or sale to governments, state electricity boards, power transmission and distribution intermediaries, industrial units, and consumers. Similarly, Teerth Gopicon Private Limited has incorporated a wholly-owned subsidiary, Teerth RE 1 Private Limited, to implement rooftop solar power…
Author: PPD Team Date: 24/02/2025 Tata Power Delhi Distribution (Tata Power-DDL) has partnered with Probus Smart Things to enhance smart metering technology through a Universal Network Interface Card (NIC) with Bluetooth-enabled communication. The Universal NIC aims to improve smart metering capabilities by ensuring reliable and efficient communication even in the absence of primary networks, according to a statement from Tata Power-DDL. Key features of the NIC include Bluetooth-enabled connectivity for seamless meter data collection and…
Author: PPD Team Date: 21/01/2025 UEM Lestra, a subsidiary of the UEM Group, has finalized agreements with off-takers for its 1GW hybrid solar power plant project under Malaysia’s Corporate Renewable Energy Supply Scheme (CRESS). The project, located in Segamat, Johor, is part of the National Energy Transition Roadmap (NETR). The initial phase of the 1700-acre project will involve an investment of RM2.5 billion ($556.3 million) and a solar capacity of 750 megawatts peak, supported by…
Author: PPD Team Date: 12/12/2024 RWE and TotalEnergies have chosen the port of Eemshaven in the Dutch North Sea as the assembly and construction base for their joint offshore wind project, OranjeWind. Located in the northern Groningen province, Eemshaven will serve as the hub for turbine assembly and construction activities in collaboration with Buss Terminal Eemshaven. Construction at the offshore site is set to begin in early 2026, with turbine components and inter-array cabling to…
Author: PPD Team Date: 14/11/2024 Power Grid Corporation of India Limited (POWERGRID) has released the half-yearly report for its Infrastructure Investment Trust, POWERGRID Infrastructure Investment Trust (PGInvIT). PGInvIT recorded a consolidated income of Rs 6,557.15 million for H1 FY2024-25, reflecting strong revenue generation. Net distributable cash flows reached Rs 5,228.20 million, with total distributions of Rs 5,460 million to unitholders. The Trust also reported EBITDA of Rs 6,125.07 million and a margin of 93.41%. PGInvIT…
Author: PPD Team Date: 12/11/2024 A recent survey, “Solar Spectrum of New India,” by Luminous Power Technologies, reveals rising consumer interest in solar energy in India, yet highlights affordability and skilled labour as key barriers. The survey indicates that 52% of respondents would consider solar power with better financing options, while 92% see installation costs as a primary deterrent. Despite 76% of participants noting easy access to solar technologies, high costs remain a hurdle, especially…
Author: PPD Team Date: 12/02/2025 Sahaj Solar Limited has established a wholly-owned subsidiary, Veracity Renewable Energy Private Limited, to develop solar power projects in India. The new entity will generate, accumulate, distribute, and supply solar power for its use or sale to governments, state electricity boards, power transmission and distribution intermediaries, industrial units, and consumers. Similarly, Teerth Gopicon Private Limited has incorporated a wholly-owned subsidiary, Teerth RE 1 Private Limited, to implement rooftop solar power…