Author: PPD Team Date: 19/12/2024
Gensol Engineering Limited has won an EPC contract worth Rs 880 million from a steel products company to develop 22 MW solar photovoltaic (PV) power projects in Punjab.
The contract was awarded on December 18, 2024 and is scheduled for completion within six months.
Author: PPD Team Date: 24/12/2024 Orlen has secured a second agreement with the European Investment Bank (EIB) for nearly 1bn zlotys ($244m) to fund its strategic electricity distribution network programme. The investment will enhance renewable energy connections, including the development of 1,000 new EV charging points and an expansion of grid capacity to integrate 1.4GW of clean energy, powering 900,000 households. The programme will enable Energa Operator, an Orlen Group company, to begin projects in…
Author: PPD Team Date: 18/11/2024 NTPC Green Energy Limited (NGEL), a subsidiary of NTPC, and ONGC Green Energy Limited (OGL), a subsidiary of Oil and Natural Gas Corporation (ONGC), have formed a 50:50 joint venture named ONGC NTPC Green Private Limited (ONGPL). The Ministry of Power approved the formation of this joint venture, which has an authorised capital of Rs 1 million. ONGPL will focus on renewable energy projects, including greenfield developments and acquisitions of…
Author: PPD Team Date: 11/12/2024 The Maharashtra Electricity Regulatory Commission (MERC) and Global Energy Alliance for People and Planet (GEAPP) have signed a Statement of Intent (SoI) to support Maharashtra’s energy transition through regulatory and policy innovations. The initiative will explore areas such as grid management, renewable energy integration, demand flexibility, energy efficiency, and tariff rationalization. The collaboration builds on a prior partnership between GEAPP and NITI Aayog, aiming to enhance transformative actions at the…
Author: PPD Team Date: 28/10/2024 Arctech has signed a major supply agreement with China Energy Engineering Group Co., Ltd. to provide 2.3 GW of its 1P single-axis solar tracker system, SkyLine II, for the PIF4-Haden project owned by ACWA Power. This project, supporting Saudi Vision 2030, is expected to reach commercial operations by early 2027. SkyLine II’s innovative synchronous multi-point drive mechanism enables it to operate effectively in the strong winds typical of the desert…
Author: PPD Team Date: 21/11/2024 Odisha Power Generation Corporation (OPGC) has issued a Notice Inviting Tender (NIT) for the engineering, procurement, and construction (EPC) package for the Stage-III expansion of the IB Thermal Power Project. The project will add two supercritical units, each with a capacity of 600 MW, at Banaharpalli village in Jharsuguda district, Odisha. The total investment for the project is estimated at Rs 127.17 billion, with the last date for bid submission…
Author: PPD Team Date: 17/10/2024 The World Bank’s Board of Executive Directors has approved a USD 250 million project to expand renewable energy sources (RES) in Lebanon and support ongoing electricity grid reforms. The initiative will strengthen Lebanon’s state-owned Electricité du Liban (EDL) operational and commercial systems, increase grid-connected RES supply, and reinforce the national power network. Key components include developing a grid-connected solar photovoltaic (PV) plant, rehabilitating the Litani River Authority (LRA) hydropower plant,…