G R Infraprojects secures LOI for Rajgarh and Neemuch transmission project
Author: PPD Team Date: August 29, 2025
Author: PPD Team Date: August 29, 2025
G R Infraprojects Limited has received a Letter of Intent (LOI) for the “Transmission system for Evacuation of Power from RE Projects in Rajgarh (1500 MW) SEZ in Madhya Pradesh-Phase III and Evacuation of Power from RE Projects in Neemuch (1000 MW) SEZ in Madhya Pradesh-Phase II.”
The award was issued on 27 August 2025 by REC Power Development and Consultancy Limited. The project is being implemented through the Tariff Based Competitive Bidding (TBCB) process.
The scope includes establishment of a 2×500 MVA, 400/220 kV substation at Handiya with 2×125 MVAr, 420 kV bus reactors. It also involves creating new 220 kV bus sections at Neemuch and Pachora, augmenting transformer capacity with additional 500 MVA ICTs, and constructing multiple 220 kV and 400 kV line bays for renewable energy integration.
Additional works cover installation of switchable line reactors, construction of 400 kV double circuit lines with associated bays, and expansion of interconnection facilities at Rajgarh, Pachora, and Handiya.
The project will be executed on a Build, Own, Operate, and Transfer (BOOT) basis. The scheduled completion period is 24 months from the acquisition of the special purpose vehicle. The operations and maintenance period is 35 years, with annual transmission charges of Rs. 3,670.73 million.
Author: PPD Team Date: April 25, 2025 The Madhya Pradesh government has introduced the ‘Scheme for Implementation of Biofuel Projects in Madhya Pradesh’ to attract investments above Rs 100 million in biofuel infrastructure. The scheme covers the full value chain, from feedstock cultivation to distribution and end-use, and aims to set up bio-refinery clusters along with the infrastructure needed for biomass and waste handling. Biofuel manufacturing and biomass supply units investing over Rs 100 million…
Author: PPD Team Date: September 22, 2025 Libya has introduced its first minimum energy performance standards (MEPS) and labelling programme to improve appliance efficiency and strengthen energy regulations. The initiative is part of the country’s broader energy transition efforts. The programme is a joint effort by the Libyan Ministry of Planning, the Libyan National Center for Standardisation and Metrology (LNCSM), and the United Nations Development Programme (UNDP). Funding is provided by the European Union under…
Author: PPD Team Date: March 28, 2025 AMPIN Energy Transition has secured a $50 million equity investment from Siemens Financial Services, the financing arm of Siemens AG. The funding will support AMPIN’s expansion in commercial and industrial (C&I) and utility-scale renewable energy projects, along with its broader energy transition initiatives. Beyond financial backing, the partnership provides AMPIN access to Siemens’ energy technology expertise, advanced solutions, and global best practices. This strategic collaboration is expected to…
Author: PPD Team Date: November 20, 2025 Servotech Renewable Power System Ltd. has secured a Rs 73.70 crore grid-connected rooftop solar project from the New and Renewable Energy Development Corporation of Andhra Pradesh Ltd. The work falls under the PM Surya Ghar Muft Bijli Yojana and covers the Kavali division. The company will design, engineer, supply, install, test, and commission rooftop solar systems for 5,886 Scheduled Caste and Scheduled Tribe households. The project follows a…
Author: PPD Team Date: May 21, 2025 HR Godavari Private Limited, the special purpose vehicle (SPV) of Hinduja Renewables Energy Private Limited, has signed two power purchase agreements (PPAs) with Lloyd Metals and Energy Limited. These PPAs cover the supply of 60.7 MW (86.05 MWp) of solar power under a captive model. The agreements include one PPA for 10.7 MW (16.05 MWp) and another for 50 MW (70 MWp) of solar capacity. Both projects will…
Author: PPD Team Date: December 5, 2024 Amarenco has secured €500 million in international debt financing from a consortium of lenders, including Intesa Sanpaolo Bank Luxembourg, Rabobank, Santander Corporate & Investment Banking, and Berenberg. The funds will support the construction of solar projects in Spain, Portugal, Ireland, and Austria, as well as refinance existing debt. The agreement includes a €150 million accordion facility, designed to enhance Amarenco’s operational capacity, reduce financial risk, and improve project…