Author: PPD Team Date: 12/12/2024
The Government of India has applied for a USD 186 million loan from the Asian Infrastructure Investment Bank (AIIB) for the Assam Intra-State Transmission System Enhancement Project Phase II.
The initiative aims to strengthen Assam’s electricity transmission system by constructing new transmission sub-stations, upgrading existing ones, and installing optical power ground wire (OPGW) in the state.
Author: PPD Team Date: 29/04/2025 China has cleared the construction of ten new nuclear reactors in 2025, marking the fourth year in a row it has approved at least ten reactors, Bloomberg reported. As per local outlet The Paper, the new projects will involve an investment of 200 billion yuan (about USD27 billion or Rs 2.25 trillion). China National Nuclear Corporation (CNNC) will build four reactors at its Fangchenggang and Taishan plants. China National Nuclear,…
Author: PPD Team Date: 04/11/2024 NHDC, a subsidiary of NHPC, has commissioned the full 88 MW capacity of the Omkareshwar Floating Solar Power Plant (FSPV) located in the reservoir of the Omkareshwar project in Madhya Pradesh. This project, which went live on October 29, 2024, is expected to generate an annual capacity of 204.58 million units (MUs). The total project cost is Rs 5.89 billion. NHPC, India’s largest hydroelectric power developer, is also active in…
Author: PPD Team Date: 28/10/2024 Energy Development Corporation (EDC) has committed USD434 million to expand the Southern Negros Geothermal Project (SNGP). The investment will support new well drilling, pad expansion, road and pipeline network upgrades, and the integration of emerging technologies. Currently, the SNGP operates at a dependable capacity of 221.8 MW across multiple geothermal plants, with this expansion set to strengthen infrastructure and increase output.
Author: PPD Team Date: 03/12/2024 Mahindra Susten Private Limited has incorporated a wholly owned subsidiary, Steer Hybren Private Limited, to implement renewable energy projects across India. Established on November 29, 2024, in Mumbai, Steer Hybren will operate as an Independent Power Producer (IPP), focusing on the production and distribution of power. The company plans to develop rooftop solar power installations for commercial, industrial, institutional, and residential sectors, in addition to setting up energy storage systems…
Author: PPD Team Date: 20/02/2025 The National Company Law Tribunal (NCLT) has approved JSW Energy Limited’s acquisition of KSK Mahanadi for the 3,600 MW Akaltara (Nariyara) Thermal Power Project. The approval was granted on February 13, 2025. The thermal power project, located in Nariyara, Akaltara, Janjgir-Champa district of Chhattisgarh, is partly operational with 1,800 MW in service. It was developed by KSK Mahanadi Power Company Limited (KMPCL), a special purpose vehicle (SPV). The project’s power…
Author: PPD Team Date: 19/12/2024 Commonwealth Fusion Systems (CFS) has unveiled plans to build the world’s first grid-scale commercial fusion power plant, ARC, at the James River Industrial Park in Chesterfield County, Virginia. The site, owned by Dominion Energy Virginia, was chosen after a global search for the location of the first commercial fusion plant. CFS has entered into a non-financial collaboration with Dominion Energy Virginia, which includes development support, technical expertise, and leasing rights…