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: 06/03/2025 The Ministry of Heavy Industries (MHI) has mandated a 100% domestic content requirement (DCR) for 18 electric vehicle (EV) components across two-wheelers, three-wheelers, and e-buses. This requirement must be met for manufacturers to qualify for subsidies under the PM E-Drive programme. The phased manufacturing programme (PMP) eligibility criteria have been updated to ensure that original equipment manufacturers (OEMs) produce these components locally. The PM E-Drive initiative, with an outlay of…
Author: PPD Team Date: 18/02/2025 Advait Energy Transitions Limited (AETL), previously known as Advait Infratech Limited, has signed a memorandum of understanding (MoU) with Haryana City Gas Distribution (Bhiwadi) Limited to establish a 2,000 metric tonnes per annum (MTPA) green hydrogen plant. As part of the agreement, AETL will provide 15 MW alkaline-based electrolysers and offer Engineering, Procurement, and Construction (EPC) solutions, including balance of plant systems. AETL will also handle the operations and maintenance…
Author: PPD Team Date: 21/11/2024 Ofgem has launched a consultation on a proposed Advanced Procurement Mechanism (APM) that aims to invest between £5 billion and £8 billion to help Britain’s energy transmission owners reduce delays, control costs, and attract global investment in the transition to net zero. The consultation runs until December 18, 2024. The APM will allow transmission owners to procure essential equipment such as switchgear, cables, and steel years in advance, often before…
Author: PPD Team Date: 30/05/2025 The Government of Arunachal Pradesh has signed a Memorandum of Understanding (MoU) with the residents of Pangkang (Kumku) village to initiate a preliminary feasibility report (PFR) for the 11,200 MW Upper Siang Hydroelectric Project. As part of the agreement, a special development package worth Rs 50 million will be implemented over a three-year period. This package will be managed by a newly formed village development committee (VDC), aiming to ensure…
Author: PPD Team Date: 09/06/2025 The Ministry of Power has revised its Standard Bidding Documents (SBDs) for Inter-State Transmission Services. Announced on June 5, 2025, the amendment now permits bidders to submit Insurance Surety Bonds (ISBs) and Payment on Order Instruments (POIs) instead of relying solely on traditional bank guarantees. The revised bid security norms expand the definition of a Bid Bond to include three instruments: unconditional bank guarantees, ISBs issued by IRDAI-authorised insurers, and…
Author: PPD Team Date: 04/04/2025 NHPC Limited is set to resume survey and investigation (S&I) works for the 750 MW Kuppa Pumped Storage Project, with investment expected to commence in FY 2026. The project will be implemented in Chhota Udaipur, Gujarat. NHPC and Gujarat Power Corporation Limited (GPCL) signed a Memorandum of Understanding (MoU) in January 2024 for an investment of Rs 40 billion to develop the project. The initiative aligns with efforts by NHPC…
Author: PPD Team Date: 06/03/2025 The Ministry of Heavy Industries (MHI) has mandated a 100% domestic content requirement (DCR) for 18 electric vehicle (EV) components across two-wheelers, three-wheelers, and e-buses. This requirement must be met for manufacturers to qualify for subsidies under the PM E-Drive programme. The phased manufacturing programme (PMP) eligibility criteria have been updated to ensure that original equipment manufacturers (OEMs) produce these components locally. The PM E-Drive initiative, with an outlay of…
Author: PPD Team Date: 18/02/2025 Advait Energy Transitions Limited (AETL), previously known as Advait Infratech Limited, has signed a memorandum of understanding (MoU) with Haryana City Gas Distribution (Bhiwadi) Limited to establish a 2,000 metric tonnes per annum (MTPA) green hydrogen plant. As part of the agreement, AETL will provide 15 MW alkaline-based electrolysers and offer Engineering, Procurement, and Construction (EPC) solutions, including balance of plant systems. AETL will also handle the operations and maintenance…
Author: PPD Team Date: 21/11/2024 Ofgem has launched a consultation on a proposed Advanced Procurement Mechanism (APM) that aims to invest between £5 billion and £8 billion to help Britain’s energy transmission owners reduce delays, control costs, and attract global investment in the transition to net zero. The consultation runs until December 18, 2024. The APM will allow transmission owners to procure essential equipment such as switchgear, cables, and steel years in advance, often before…
Author: PPD Team Date: 30/05/2025 The Government of Arunachal Pradesh has signed a Memorandum of Understanding (MoU) with the residents of Pangkang (Kumku) village to initiate a preliminary feasibility report (PFR) for the 11,200 MW Upper Siang Hydroelectric Project. As part of the agreement, a special development package worth Rs 50 million will be implemented over a three-year period. This package will be managed by a newly formed village development committee (VDC), aiming to ensure…
Author: PPD Team Date: 09/06/2025 The Ministry of Power has revised its Standard Bidding Documents (SBDs) for Inter-State Transmission Services. Announced on June 5, 2025, the amendment now permits bidders to submit Insurance Surety Bonds (ISBs) and Payment on Order Instruments (POIs) instead of relying solely on traditional bank guarantees. The revised bid security norms expand the definition of a Bid Bond to include three instruments: unconditional bank guarantees, ISBs issued by IRDAI-authorised insurers, and…
Author: PPD Team Date: 04/04/2025 NHPC Limited is set to resume survey and investigation (S&I) works for the 750 MW Kuppa Pumped Storage Project, with investment expected to commence in FY 2026. The project will be implemented in Chhota Udaipur, Gujarat. NHPC and Gujarat Power Corporation Limited (GPCL) signed a Memorandum of Understanding (MoU) in January 2024 for an investment of Rs 40 billion to develop the project. The initiative aligns with efforts by NHPC…
Author: PPD Team Date: 06/03/2025 The Ministry of Heavy Industries (MHI) has mandated a 100% domestic content requirement (DCR) for 18 electric vehicle (EV) components across two-wheelers, three-wheelers, and e-buses. This requirement must be met for manufacturers to qualify for subsidies under the PM E-Drive programme. The phased manufacturing programme (PMP) eligibility criteria have been updated to ensure that original equipment manufacturers (OEMs) produce these components locally. The PM E-Drive initiative, with an outlay of…
Author: PPD Team Date: 18/02/2025 Advait Energy Transitions Limited (AETL), previously known as Advait Infratech Limited, has signed a memorandum of understanding (MoU) with Haryana City Gas Distribution (Bhiwadi) Limited to establish a 2,000 metric tonnes per annum (MTPA) green hydrogen plant. As part of the agreement, AETL will provide 15 MW alkaline-based electrolysers and offer Engineering, Procurement, and Construction (EPC) solutions, including balance of plant systems. AETL will also handle the operations and maintenance…