Author: PPD Team Date: 11/12/2024
GE Vernova T&D India Limited has secured an order from Sterlite Power for the supply and supervision of 765 kV power transformers and reactors for the Khavda project.
The contract, valued at approximately Rs 4 billion, is scheduled to be completed within two years.
Author: PPD Team Date: 28/10/2024 The Department of Energy (DOE) in the Philippines has approved 19 projects for grid assessment via the National Grid Corporation of the Philippines (NGCP). These projects will undergo a system impact study to evaluate grid readiness for new energy connections and identify required upgrades. Seventeen of the approved projects focus on renewable energy, with two involving waste-to-energy and battery energy storage systems. Notable projects include Vortex Offshore Wind Corporation’s 1,000…
Author: PPD Team Date: 21/03/2025 The National Bank for Financing Infrastructure and Development (NaBFID) has sanctioned a Rs 2.72 billion loan to KPI Green Energy Limited for partial financing of its 50 MW wind-solar hybrid power project in Bharuch, Gujarat. The project is part of Phase I under Gujarat Urja Vikas Nigam Limited’s (GUVNL) wind-solar hybrid power initiative. In January 2024, KPI Green secured the 50 MW wind-solar hybrid project at a tariff of Rs…
Author: PPD Team Date: 22/11/2024 The Central Electricity Authority (CEA) reports that transmission and transformation capacity additions in the first seven months (April-October) of FY25 have surpassed planned targets. This marks the first instance of exceeding the target in FY25. A total of 4,337 circuit kilometres (ckm) of transmission lines were added, 10% higher than the planned 4,762 ckm. Similarly, 33,265 MVA of substation capacity was achieved, surpassing the target of 30,780 MVA by 8%….
Author: PPD Team Date: 16/10/2024 On October 15, 2024, PFC Consulting Ltd (PFCCL) transferred four special purpose vehicles (SPVs) for interstate transmission system (ISTS) projects to their winning developers, selected through tariff-based competitive bidding (TBCB). The projects were handed over to Power Grid Corporation of India Ltd (PGCIL) and Adani Energy Solutions Ltd (AESL), with each developer receiving two projects. The SPVs, previously incorporated as PFCCL subsidiaries, were transferred as follows: South Olpad Transmission Ltd…
Author: PPD Team Date: 28/02/2025 Adani Saur Urja (LA) Limited, a subsidiary of Adani Green Energy Limited (AGEL), has received a Letter of Award (LoA) from Uttar Pradesh Power Corporation Limited (UPPCL) for energy storage capacity from the 1,250 MW Pumped Storage Project in the Sonbhadra district. The annual fixed cost payable under the LoA is Rs 76.53 million per MW per year, excluding taxes, for a 40-year period from the Commercial Operation Date (COD)….
Author: PPD Team Date: 04/11/2024 Avangrid Renewables and Invenergy NE Offshore Wind have won two lease areas each in the Gulf of Maine through a US government-led offshore wind lease sale conducted by the Bureau of Ocean Energy Management (BOEM). This sale marks the sixth offshore wind lease under the Biden-Harris administration and the first for commercial floating offshore wind on the Atlantic coast. Avangrid acquired leases OCS-564 (98,565 acres) for $4.9 million and OCS-568…
Author: PPD Team Date: 28/10/2024 The Department of Energy (DOE) in the Philippines has approved 19 projects for grid assessment via the National Grid Corporation of the Philippines (NGCP). These projects will undergo a system impact study to evaluate grid readiness for new energy connections and identify required upgrades. Seventeen of the approved projects focus on renewable energy, with two involving waste-to-energy and battery energy storage systems. Notable projects include Vortex Offshore Wind Corporation’s 1,000…
Author: PPD Team Date: 21/03/2025 The National Bank for Financing Infrastructure and Development (NaBFID) has sanctioned a Rs 2.72 billion loan to KPI Green Energy Limited for partial financing of its 50 MW wind-solar hybrid power project in Bharuch, Gujarat. The project is part of Phase I under Gujarat Urja Vikas Nigam Limited’s (GUVNL) wind-solar hybrid power initiative. In January 2024, KPI Green secured the 50 MW wind-solar hybrid project at a tariff of Rs…
Author: PPD Team Date: 22/11/2024 The Central Electricity Authority (CEA) reports that transmission and transformation capacity additions in the first seven months (April-October) of FY25 have surpassed planned targets. This marks the first instance of exceeding the target in FY25. A total of 4,337 circuit kilometres (ckm) of transmission lines were added, 10% higher than the planned 4,762 ckm. Similarly, 33,265 MVA of substation capacity was achieved, surpassing the target of 30,780 MVA by 8%….
Author: PPD Team Date: 16/10/2024 On October 15, 2024, PFC Consulting Ltd (PFCCL) transferred four special purpose vehicles (SPVs) for interstate transmission system (ISTS) projects to their winning developers, selected through tariff-based competitive bidding (TBCB). The projects were handed over to Power Grid Corporation of India Ltd (PGCIL) and Adani Energy Solutions Ltd (AESL), with each developer receiving two projects. The SPVs, previously incorporated as PFCCL subsidiaries, were transferred as follows: South Olpad Transmission Ltd…
Author: PPD Team Date: 28/02/2025 Adani Saur Urja (LA) Limited, a subsidiary of Adani Green Energy Limited (AGEL), has received a Letter of Award (LoA) from Uttar Pradesh Power Corporation Limited (UPPCL) for energy storage capacity from the 1,250 MW Pumped Storage Project in the Sonbhadra district. The annual fixed cost payable under the LoA is Rs 76.53 million per MW per year, excluding taxes, for a 40-year period from the Commercial Operation Date (COD)….
Author: PPD Team Date: 04/11/2024 Avangrid Renewables and Invenergy NE Offshore Wind have won two lease areas each in the Gulf of Maine through a US government-led offshore wind lease sale conducted by the Bureau of Ocean Energy Management (BOEM). This sale marks the sixth offshore wind lease under the Biden-Harris administration and the first for commercial floating offshore wind on the Atlantic coast. Avangrid acquired leases OCS-564 (98,565 acres) for $4.9 million and OCS-568…
Author: PPD Team Date: 28/10/2024 The Department of Energy (DOE) in the Philippines has approved 19 projects for grid assessment via the National Grid Corporation of the Philippines (NGCP). These projects will undergo a system impact study to evaluate grid readiness for new energy connections and identify required upgrades. Seventeen of the approved projects focus on renewable energy, with two involving waste-to-energy and battery energy storage systems. Notable projects include Vortex Offshore Wind Corporation’s 1,000…
Author: PPD Team Date: 21/03/2025 The National Bank for Financing Infrastructure and Development (NaBFID) has sanctioned a Rs 2.72 billion loan to KPI Green Energy Limited for partial financing of its 50 MW wind-solar hybrid power project in Bharuch, Gujarat. The project is part of Phase I under Gujarat Urja Vikas Nigam Limited’s (GUVNL) wind-solar hybrid power initiative. In January 2024, KPI Green secured the 50 MW wind-solar hybrid project at a tariff of Rs…