Author: PPD Team Date: 30/12/2024
Gensol Engineering Limited has won a Rs 8.97 billion contract from NTPC Renewable Energy Limited to develop a 225 MW grid-connected solar project.
The project will be executed on an engineering, procurement, and construction (EPC) basis at the Gujarat State Electricity Corporation Limited Solar Park (Stage-III) in Khavda, Rann of Kutch, Gujarat.
The contract includes project development and operations and maintenance services for three years.
Author: PPD Team Date: 27/02/2025 Power Mech Projects Limited has secured a Rs 1.65 billion contract from Bharat Heavy Electricals Limited (BHEL) for the 2×800 MW Koderma Thermal Power Expansion Project. The contract covers main supply, design and engineering, mandatory spares, and civil works, including erection and commissioning. The work is expected to be completed within 30 months. Koderma Thermal Power Station, located in Hirodih, Chandwara, Jharkhand, has an existing capacity of 1,000 MW. Unit…
Author: PPD Team Date: 29/11/2024 PFC Consulting Limited (PFCCL) incorporated Kandla GHA Transmission Limited, a special purpose vehicle (SPV) for development of the Transmission System for supply of power to Green Hydrogen/Ammonia manufacturing potential in Kandla area of Gujarat (Phase-I: 3 GW) on November 28, 2024. The project includes the establishment of a 765/400 kV gas-insulated substation (GIS) at Kandla, which will feature provisions for future capacity expansion. It will also involve the construction of…
Author: PPD Team Date: 02/01/2025 The government is working on a Rs 150 billion ‘Green Steel Mission’ to reduce carbon emissions in the steel sector, which currently contributes 10-12 per cent of the country’s total emissions. The mission includes a production-linked incentive (PLI) for green steel, incentivising renewable energy adoption, and mandating green steel procurement by government bodies. These measures aim to align with India’s decarbonisation goals, with the Ministry of Steel collaborating with the…
Author: PPD Team Date: 12/02/2025 Juniper Green Energy Limited has secured Rs 86.82 billion in phased debt financing to develop renewable energy (RE) projects in India, including wind-solar hybrid and Firm and Dispatchable Renewable Energy (FDRE) projects. The financing has been arranged from multiple institutions, including Power Finance Corporation Limited (PFC), DBS Bank, Hongkong and Shanghai Banking Corporation (HSBC), and the Indian Renewable Energy Development Agency Limited (IREDA). This financing will enhance the company’s operational…
Author: PPD Team Date: 30/01/2025 WAPCOS Limited has been awarded two contracts for preparing detailed project reports (DPRs) for pumped storage projects in Maharashtra. The first contract, valued at Rs 156.87 million, is for the 800 MW Amba Pumped Storage Project (PSP), located across Pune and Raigad districts. The project, comprising four units of 200 MW each, was put out to bid by NTPC Limited in September 2024, with an expected completion timeline of 18…
Author: PPD Team Date: 26/12/2024 Adani Enterprises Limited (AEL) has announced plans to set up an Ultra Super Critical Thermal Power Plant in Bihar. The project will involve an investment of Rs 200 billion.