Author: PPD Team Date: 25/10/2024
HG Infra Engineering has been declared the qualified bidder by NTPC Vidyut Vyapar Nigam for 185 MW/370 MWh as part of a 500 MW/1000 MWh standalone battery energy storage system (BESS) project.
The project is supported by viability gap funding, and the tariff rate is set at Rs 2.38 million per MW per month. The contract is scheduled for completion in 1.5 years.
Author: PPD Team Date: 22/04/2025 Vietnam will invest $136.3 billion in its power sector by 2030 to expand capacity and reduce coal use. Installed capacity is set to grow from over 80 GW in 2023 to between 183 GW and 236 GW. Coal’s share will fall to 13.1%–16.9%. Solar will rise to 25.3%–31.1%, wind to 14.2%–16.1%, and LNG to 9.5%–12.3%. Offshore wind may add 6–17 GW between 2030 and 2035, though no plants exist yet….
Author: PPD Team Date: 31/12/2024 Power Grid Corporation of India Limited (PGCIL) and Megha Engineering and Infrastructures Limited (MEIL) are technically qualified for the selection of the transmission service provider (TSP) for the Augmentation of transformation capacity by 3×500 MVA, 400/220 kV ICTs (6th-8th) and 1×1,500 MVA, 765/400 kV ICT (4th) at Bidar PS in Karnataka. The selection is conducted through the tariff-based competitive bidding (TBCB) process on a build, own, operate, and transfer (BOOT)…
Author: PPD Team Date: 19/02/2025 TKIL Industries Private Limited has secured the lowest bidder (L1) position by quoting Rs 619.9 million for the stacker cum reclaimer package at the 2×800 MW Koderma Thermal Power Expansion Project. Bharat Heavy Electricals Limited (BHEL) invited bids for the package in October 2024. Promac Engineering Industries Limited and ISGEC Heavy Engineering Limited were the second-lowest (L2) and third-lowest (L3) bidders, quoting Rs 681.4 million and Rs 720.2 million, respectively….
Author: PPD Team Date: 05/02/2025 Welspun New Energy has signed a Memorandum of Understanding (MoU) with the Government of Odisha to invest Rs 135 billion in the state’s renewable energy sector. The investment includes plans for a 1,200 MW pumped hydro project and a 1,000 MW floating solar power project. These initiatives aim to boost Odisha’s energy storage capacity and support the integration of renewable energy into the grid, aligning with the state’s ‘Viksit Odisha…
Author: PPD Team Date: 13/05/2025 The Asian Infrastructure Investment Bank (AIIB), Asian Development Bank (ADB), and ASEAN Infrastructure Fund (AIF) have signed a letter of intent to collaborate on ASEAN-related infrastructure projects. The agreement outlines cooperation on high-impact projects, including the ASEAN Power Grid (APG) and ASEAN Catalytic Green Finance Facility (ACGF). The partnership will focus on project origination, co-financing, technical cooperation, and knowledge sharing. It aims to mobilise joint expertise and financial resources, aligning…
Author: PPD Team Date: 03/01/2025 CRI Pumps has been empanelled by Maharashtra State Electricity Distribution Company (MSEDCL) to supply 25,000 solar pumping systems under the Magel Tyala Saur Krushi Pump (MTSKP) scheme. Valued at Rs 7.54 billion, this initiative aims to promote renewable energy in Maharashtra’s agricultural sector. The solar pumps will help reduce farmers’ dependence on conventional electricity, enhancing sustainability and supporting green energy adoption. CRI Pumps has already installed over 1,70,000 solar and…
Author: PPD Team Date: 22/04/2025 Vietnam will invest $136.3 billion in its power sector by 2030 to expand capacity and reduce coal use. Installed capacity is set to grow from over 80 GW in 2023 to between 183 GW and 236 GW. Coal’s share will fall to 13.1%–16.9%. Solar will rise to 25.3%–31.1%, wind to 14.2%–16.1%, and LNG to 9.5%–12.3%. Offshore wind may add 6–17 GW between 2030 and 2035, though no plants exist yet….
Author: PPD Team Date: 31/12/2024 Power Grid Corporation of India Limited (PGCIL) and Megha Engineering and Infrastructures Limited (MEIL) are technically qualified for the selection of the transmission service provider (TSP) for the Augmentation of transformation capacity by 3×500 MVA, 400/220 kV ICTs (6th-8th) and 1×1,500 MVA, 765/400 kV ICT (4th) at Bidar PS in Karnataka. The selection is conducted through the tariff-based competitive bidding (TBCB) process on a build, own, operate, and transfer (BOOT)…
Author: PPD Team Date: 19/02/2025 TKIL Industries Private Limited has secured the lowest bidder (L1) position by quoting Rs 619.9 million for the stacker cum reclaimer package at the 2×800 MW Koderma Thermal Power Expansion Project. Bharat Heavy Electricals Limited (BHEL) invited bids for the package in October 2024. Promac Engineering Industries Limited and ISGEC Heavy Engineering Limited were the second-lowest (L2) and third-lowest (L3) bidders, quoting Rs 681.4 million and Rs 720.2 million, respectively….
Author: PPD Team Date: 05/02/2025 Welspun New Energy has signed a Memorandum of Understanding (MoU) with the Government of Odisha to invest Rs 135 billion in the state’s renewable energy sector. The investment includes plans for a 1,200 MW pumped hydro project and a 1,000 MW floating solar power project. These initiatives aim to boost Odisha’s energy storage capacity and support the integration of renewable energy into the grid, aligning with the state’s ‘Viksit Odisha…
Author: PPD Team Date: 13/05/2025 The Asian Infrastructure Investment Bank (AIIB), Asian Development Bank (ADB), and ASEAN Infrastructure Fund (AIF) have signed a letter of intent to collaborate on ASEAN-related infrastructure projects. The agreement outlines cooperation on high-impact projects, including the ASEAN Power Grid (APG) and ASEAN Catalytic Green Finance Facility (ACGF). The partnership will focus on project origination, co-financing, technical cooperation, and knowledge sharing. It aims to mobilise joint expertise and financial resources, aligning…
Author: PPD Team Date: 03/01/2025 CRI Pumps has been empanelled by Maharashtra State Electricity Distribution Company (MSEDCL) to supply 25,000 solar pumping systems under the Magel Tyala Saur Krushi Pump (MTSKP) scheme. Valued at Rs 7.54 billion, this initiative aims to promote renewable energy in Maharashtra’s agricultural sector. The solar pumps will help reduce farmers’ dependence on conventional electricity, enhancing sustainability and supporting green energy adoption. CRI Pumps has already installed over 1,70,000 solar and…
Author: PPD Team Date: 22/04/2025 Vietnam will invest $136.3 billion in its power sector by 2030 to expand capacity and reduce coal use. Installed capacity is set to grow from over 80 GW in 2023 to between 183 GW and 236 GW. Coal’s share will fall to 13.1%–16.9%. Solar will rise to 25.3%–31.1%, wind to 14.2%–16.1%, and LNG to 9.5%–12.3%. Offshore wind may add 6–17 GW between 2030 and 2035, though no plants exist yet….
Author: PPD Team Date: 31/12/2024 Power Grid Corporation of India Limited (PGCIL) and Megha Engineering and Infrastructures Limited (MEIL) are technically qualified for the selection of the transmission service provider (TSP) for the Augmentation of transformation capacity by 3×500 MVA, 400/220 kV ICTs (6th-8th) and 1×1,500 MVA, 765/400 kV ICT (4th) at Bidar PS in Karnataka. The selection is conducted through the tariff-based competitive bidding (TBCB) process on a build, own, operate, and transfer (BOOT)…