Goa signs PPA with NTPC for supply from Sipat Stage-III plant
Author: PPD Team Date: 18/07/2025
Author: PPD Team Date: 18/07/2025
The Goa electricity department has signed a power purchase agreement (PPA) with the National Thermal Power Corporation (NTPC) for sourcing power from the Sipat Stage-III power plant in Bilaspur, Chhattisgarh.
Goa does not operate any in-state generation facilities and relies entirely on power purchases from NTPC’s central pool to meet its electricity demand. The deal will allow Goa to draw power from the NTPC plant as part of its central allocation.
The Sipat Stage-III project will add a new 800 MW supercritical unit to the existing thermal power station. In 2024, NTPC awarded a Rs 61 billion engineering, procurement, and construction (EPC) contract for the Sipat Stage-III unit to Bharat Heavy Electricals Ltd (BHEL). With this addition, Sipat’s installed capacity will increase from 2,980 MW to 3,780 MW, with four out of six units operating on supercritical technology. The plant supplies power to multiple states in the western region, including Maharashtra, Goa, Chhattisgarh, Madhya Pradesh, and the union territory of Dadra Nagar Haveli and Daman & Diu.
Author: PPD Team Date: 04/11/2024 Developing an electric vehicle (EV) industry in South and Southeast Asia will require significant investment, with S&P Global Ratings estimating more than US$20 billion in spending by rated carmakers over the next few years. Chinese EV manufacturers are expected to lead the expansion, viewing the region as a key growth market and a strategic hub for exporting to Europe, where Chinese-made EVs face high import tariffs. S&P Global Ratings credit…
Author: PPD Team Date: 19/12/2024 Envision Energy has signed a 344.5MW wind turbine supply agreement for the Quezon North Wind project, making it the Philippines’ largest single wind power contract. ACEN, the Ayala Group’s renewable energy platform, awarded it. The Quezon North Wind project will be the largest onshore wind initiative in the Philippines. It marks the second collaboration between Envision and ACEN, following the 600MW Monsoon Wind project in Lao PDR, which is Southeast…
Author: PPD Team Date: 18/12/2024 The retrofitting of thermal power plants with flue-gas desulphurization (FGD) units has reached only 11.1% of the total installed capacity, according to a report presented in Parliament. Union Power Minister Manohar Lal informed the Rajya Sabha on December 16, 2024, that FGD units have been commissioned in 44 thermal power plants, representing a combined capacity of 22,590 MW out of the total target of 2,04,160 MW across 537 units. Work…
Author: PPD Team Date: 18/02/2025 Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power Company Limited, has signed a non-binding Memorandum of Understanding (MoU) with Oil and Natural Gas Corporation Limited (ONGC) to explore joint opportunities in the Battery Energy Storage System (BESS) sector. The MoU was signed at India Energy Week 2025 in the presence of Union Minister of Petroleum and Natural Gas Hardeep Singh Puri and senior executives from both companies….
Author: PPD Team Date: 21/11/2024 Mammoet has secured a contract with Buss Ports to handle the marshalling of wind turbine generator foundations for two of Europe’s largest offshore wind farms: RWE’s Nordseecluster A in Germany and Thor in Denmark. The Nordseecluster, situated in the eastern German North Sea, will have a total capacity of 1.6 GW, enough to power 1.6 million homes. Construction for Nordseecluster A (NC 1 and NC 2) is set to begin…
Author: PPD Team Date: 31/07/2025 Reliance Group has secured board approvals from Reliance Infrastructure and Reliance Power to raise Rs 180 billion through a mix of equity and debt to support its expansion into the power and renewable energy sectors. According to the company’s release, the fundraising will enable the group to execute its next phase of growth, which includes a strategic focus on clean energy, conventional power, and defence manufacturing. Reliance Power currently operates…
Author: PPD Team Date: 04/11/2024 Developing an electric vehicle (EV) industry in South and Southeast Asia will require significant investment, with S&P Global Ratings estimating more than US$20 billion in spending by rated carmakers over the next few years. Chinese EV manufacturers are expected to lead the expansion, viewing the region as a key growth market and a strategic hub for exporting to Europe, where Chinese-made EVs face high import tariffs. S&P Global Ratings credit…
Author: PPD Team Date: 19/12/2024 Envision Energy has signed a 344.5MW wind turbine supply agreement for the Quezon North Wind project, making it the Philippines’ largest single wind power contract. ACEN, the Ayala Group’s renewable energy platform, awarded it. The Quezon North Wind project will be the largest onshore wind initiative in the Philippines. It marks the second collaboration between Envision and ACEN, following the 600MW Monsoon Wind project in Lao PDR, which is Southeast…
Author: PPD Team Date: 18/12/2024 The retrofitting of thermal power plants with flue-gas desulphurization (FGD) units has reached only 11.1% of the total installed capacity, according to a report presented in Parliament. Union Power Minister Manohar Lal informed the Rajya Sabha on December 16, 2024, that FGD units have been commissioned in 44 thermal power plants, representing a combined capacity of 22,590 MW out of the total target of 2,04,160 MW across 537 units. Work…
Author: PPD Team Date: 18/02/2025 Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power Company Limited, has signed a non-binding Memorandum of Understanding (MoU) with Oil and Natural Gas Corporation Limited (ONGC) to explore joint opportunities in the Battery Energy Storage System (BESS) sector. The MoU was signed at India Energy Week 2025 in the presence of Union Minister of Petroleum and Natural Gas Hardeep Singh Puri and senior executives from both companies….
Author: PPD Team Date: 21/11/2024 Mammoet has secured a contract with Buss Ports to handle the marshalling of wind turbine generator foundations for two of Europe’s largest offshore wind farms: RWE’s Nordseecluster A in Germany and Thor in Denmark. The Nordseecluster, situated in the eastern German North Sea, will have a total capacity of 1.6 GW, enough to power 1.6 million homes. Construction for Nordseecluster A (NC 1 and NC 2) is set to begin…
Author: PPD Team Date: 31/07/2025 Reliance Group has secured board approvals from Reliance Infrastructure and Reliance Power to raise Rs 180 billion through a mix of equity and debt to support its expansion into the power and renewable energy sectors. According to the company’s release, the fundraising will enable the group to execute its next phase of growth, which includes a strategic focus on clean energy, conventional power, and defence manufacturing. Reliance Power currently operates…
Author: PPD Team Date: 04/11/2024 Developing an electric vehicle (EV) industry in South and Southeast Asia will require significant investment, with S&P Global Ratings estimating more than US$20 billion in spending by rated carmakers over the next few years. Chinese EV manufacturers are expected to lead the expansion, viewing the region as a key growth market and a strategic hub for exporting to Europe, where Chinese-made EVs face high import tariffs. S&P Global Ratings credit…
Author: PPD Team Date: 19/12/2024 Envision Energy has signed a 344.5MW wind turbine supply agreement for the Quezon North Wind project, making it the Philippines’ largest single wind power contract. ACEN, the Ayala Group’s renewable energy platform, awarded it. The Quezon North Wind project will be the largest onshore wind initiative in the Philippines. It marks the second collaboration between Envision and ACEN, following the 600MW Monsoon Wind project in Lao PDR, which is Southeast…