Gujarat to invest Rs 290 billion in Green Energy Corridor III project
Author: PPD Team Date: May 28, 2025
Author: PPD Team Date: May 28, 2025
The Government of Gujarat is set to invest Rs 290 billion in the Gujarat Green Energy Corridor III (GEC-III) project. The initiative aims to transmit 16,500 MW of renewable energy across the state by strengthening grid connectivity from major renewable energy zones.
The project will link renewable energy zones (REZ) in Kutch, Jamnagar-Bet Dwarka, Banaskantha-Patan, and parts of central Gujarat. The transmission infrastructure includes 3,430 circuit km (ckm) of lines connected through six 765 kV substations and an additional 860 ckm via four 400 kV substations.
To maintain stable power quality, the corridor will also include deployment of four Static Synchronous Compensators (STATCOMs).
Author: PPD Team Date: November 18, 2024 Alcazar Energy Partners has signed a memorandum of understanding (MoU) with the Egyptian Electricity Transmission Company (EETC) and the New and Renewable Energy Authority (NREA) to develop a 2 GW onshore wind farm in Egypt. The project aligns with Egypt’s Vision 2030, focusing on renewable energy and environmental sustainability. The wind farm is expected to generate clean electricity for more than 1.3 million households while preventing the release…
Author: PPD Team Date: February 4, 2026 Indian Energy Exchange (IEX) reported its highest monthly electricity traded volume at 13,050 million units (MU) in January 2026, up 19.6% from the same month last year. Higher supply liquidity and lower prices across key segments supported the increase in market activity. In a regulatory filing to stock exchanges, IEX said volumes in the Real-Time Market (RTM) rose to 4,638 MU, reflecting a 52.8% year-on-year increase. The exchange…
Author: PPD Team Date: February 11, 2025 China’s National Development and Reform Commission (NDRC), along with the nation’s energy administration, is taking steps to roll back subsidies for renewable energy projects, according to Reuters. In 2024, China saw a record-breaking 45% rise in solar installations, reaching nearly 887GW of installed solar capacity—six times the size of the United States’ solar power capacity, as per the International Renewable Energy Agency. This rapid growth has enabled China…
Author: PPD Team Date: August 19, 2025 Power Grid Corporation of India Limited (POWERGRID) announced that its wholly owned subsidiary, POWERGRID KPS3 Transmission Limited, has fully commissioned the Khavda Pooling Station-3 (KPS3) project. The project was awarded under Tariff-Based Competitive Bidding for the implementation of an interstate transmission system at the Khavda renewable energy park. The commissioning was effective from 4 August 2025, and the Notification for Commercial Operation (DOCO) was received on 18 August…
Author: PPD Team Date: March 1, 2025 JSW Energy has won a 125 MW/500 MWh standalone battery energy storage system (BESS) auction in Kerala. The project, awarded by the Solar Energy Corporation of India (SECI), will be connected to the Mylatti 220 kV substation in Kasaragod. JSW Energy secured the project at a tariff of Rs 441,000 per MW per month and qualifies for viability gap funding of Rs 2.7 million per MWh or 30…
Author: PPD Team Date: November 26, 2024 Eminent Electricity Distribution, a subsidiary of CESC under the RP-Sanjiv Goenka Group, has secured a letter of intent (LoI) to acquire 100 per cent equity in Chandigarh’s electricity distribution and retail supply company for Rs 8.71 billion. This marks a major step in the privatisation of power distribution in the union territory, following nearly three years of delays. CESC won the tender in 2021, emerging as the highest…