Author: PPD Team Date: 07/01/2025
Gensol Engineering Limited has secured an engineering, procurement, and construction (EPC) contract for a 275 MW solar photovoltaic project at the Khavda Rann renewable energy solar park in Kutch, Gujarat.
The project, valued at Rs 10.61 billion, also includes three years of operations and maintenance.
Author: PPD Team Date: 17/02/2025 The Ministry of Power has introduced tariff-based competitive bidding guidelines for procuring stored energy from existing, under-construction, or new Pumped Storage Projects (PSP). As per the National Electricity Plan 2023, India will require 74 GW/411 GWh of energy storage systems by 2031-32, including 27 GW/175 GWh from PSP and 47 GW/236 GWh from Battery Energy Storage Systems (BESS). Procurement Modes The procurement process follows two models: Mode 1 (Procurer-Identified Sites):…
Author: PPD Team Date: 13/03/2025 The Competition Commission of India (CCI) has approved two major transactions in the renewable energy sector. ONGC NTPC Green Private Limited has received clearance to acquire a 100 per cent stake in Ayana Renewable Power Private Limited. Meanwhile, AMG Green Power B.V. has been approved to acquire a stake in Greenko Energy Holdings, and ORIX Corporation will subscribe to certain convertible notes of AM Green (Luxembourg) S.À.R.L. ONGC NTPC Green…
Author: PPD Team Date: 22/04/2025 Gujarat State Electricity Corporation Limited (GSECL) has commissioned a 10 MW/12 MWp solar power project in Manjal, located in the Kutch district of Gujarat. The project was developed by Kosol Energie Private Limited under an engineering, procurement, and construction (EPC) agreement. Kosol Energie received a Letter of Intent (LoI) from GSECL in July 2022 to set up the project. The solar plant, built on 45 acres of wasteland at Manjal…
Author: PPD Team Date: 17/10/2024 The European Energy Exchange (EEX), Indian Gas Exchange (IGX), and GIZ (Gesellschaft für Internationale Zusammenarbeit) have signed an agreement to establish a hydrogen trading market in India. This initiative is part of the International Hydrogen Ramp-Up (H2Uppp) program, funded by the German Federal Ministry for Economic Affairs and Climate Action (BMWK). The program aims to support green hydrogen projects in emerging markets like India. The partnership will initially focus on…
Author: PPD Team Date: 22/11/2024 On November 19, 2024, the Hungarian government introduced a bill to its parliament seeking to amend the existing contract with Russia’s Rosatom for the expansion of the Paks nuclear power plant. The Paks expansion, valued at €12.5 billion ($13.2 billion), includes two 1.2 GW VVER reactors and is critical for Hungary’s energy strategy. The plant currently supplies 40% of the country’s electricity. Delays stemming from permitting challenges, the Covid-19 pandemic,…
Author: PPD Team Date: 11/12/2024 Teerth Gopicon Private Limited has received a Letter of Award (LoA) worth Rs 2.37 billion from Rajasthan Renewable Energy Corporation Limited (RRECL) to set up 37 MW of rooftop solar photovoltaic (PV) power projects on government buildings in Baran and Pali districts. The contract, awarded on December 7, 2024, includes 11 MW in Baran and 26 MW in Pali. The scope of the project includes the design, supply, erection, testing,…
Author: PPD Team Date: 17/02/2025 The Ministry of Power has introduced tariff-based competitive bidding guidelines for procuring stored energy from existing, under-construction, or new Pumped Storage Projects (PSP). As per the National Electricity Plan 2023, India will require 74 GW/411 GWh of energy storage systems by 2031-32, including 27 GW/175 GWh from PSP and 47 GW/236 GWh from Battery Energy Storage Systems (BESS). Procurement Modes The procurement process follows two models: Mode 1 (Procurer-Identified Sites):…
Author: PPD Team Date: 13/03/2025 The Competition Commission of India (CCI) has approved two major transactions in the renewable energy sector. ONGC NTPC Green Private Limited has received clearance to acquire a 100 per cent stake in Ayana Renewable Power Private Limited. Meanwhile, AMG Green Power B.V. has been approved to acquire a stake in Greenko Energy Holdings, and ORIX Corporation will subscribe to certain convertible notes of AM Green (Luxembourg) S.À.R.L. ONGC NTPC Green…
Author: PPD Team Date: 22/04/2025 Gujarat State Electricity Corporation Limited (GSECL) has commissioned a 10 MW/12 MWp solar power project in Manjal, located in the Kutch district of Gujarat. The project was developed by Kosol Energie Private Limited under an engineering, procurement, and construction (EPC) agreement. Kosol Energie received a Letter of Intent (LoI) from GSECL in July 2022 to set up the project. The solar plant, built on 45 acres of wasteland at Manjal…
Author: PPD Team Date: 17/10/2024 The European Energy Exchange (EEX), Indian Gas Exchange (IGX), and GIZ (Gesellschaft für Internationale Zusammenarbeit) have signed an agreement to establish a hydrogen trading market in India. This initiative is part of the International Hydrogen Ramp-Up (H2Uppp) program, funded by the German Federal Ministry for Economic Affairs and Climate Action (BMWK). The program aims to support green hydrogen projects in emerging markets like India. The partnership will initially focus on…
Author: PPD Team Date: 22/11/2024 On November 19, 2024, the Hungarian government introduced a bill to its parliament seeking to amend the existing contract with Russia’s Rosatom for the expansion of the Paks nuclear power plant. The Paks expansion, valued at €12.5 billion ($13.2 billion), includes two 1.2 GW VVER reactors and is critical for Hungary’s energy strategy. The plant currently supplies 40% of the country’s electricity. Delays stemming from permitting challenges, the Covid-19 pandemic,…
Author: PPD Team Date: 11/12/2024 Teerth Gopicon Private Limited has received a Letter of Award (LoA) worth Rs 2.37 billion from Rajasthan Renewable Energy Corporation Limited (RRECL) to set up 37 MW of rooftop solar photovoltaic (PV) power projects on government buildings in Baran and Pali districts. The contract, awarded on December 7, 2024, includes 11 MW in Baran and 26 MW in Pali. The scope of the project includes the design, supply, erection, testing,…
Author: PPD Team Date: 17/02/2025 The Ministry of Power has introduced tariff-based competitive bidding guidelines for procuring stored energy from existing, under-construction, or new Pumped Storage Projects (PSP). As per the National Electricity Plan 2023, India will require 74 GW/411 GWh of energy storage systems by 2031-32, including 27 GW/175 GWh from PSP and 47 GW/236 GWh from Battery Energy Storage Systems (BESS). Procurement Modes The procurement process follows two models: Mode 1 (Procurer-Identified Sites):…
Author: PPD Team Date: 13/03/2025 The Competition Commission of India (CCI) has approved two major transactions in the renewable energy sector. ONGC NTPC Green Private Limited has received clearance to acquire a 100 per cent stake in Ayana Renewable Power Private Limited. Meanwhile, AMG Green Power B.V. has been approved to acquire a stake in Greenko Energy Holdings, and ORIX Corporation will subscribe to certain convertible notes of AM Green (Luxembourg) S.À.R.L. ONGC NTPC Green…