Author: PPD Team Date: 27/01/2025
Indian Energy Exchange (IEX) reported a profit after tax of Rs 1,073 million for the quarter ended December 2024, a 16.9% increase from Rs 918 million in the same period last year.
The company’s consolidated revenue grew by 13.7% to Rs 1,605 million in Q3 FY2024, compared to Rs 1,412 million during the corresponding quarter of 2023.
Author: PPD Team Date: 15/07/2025 Juniper Green Energy Private Limited has commissioned a 71 MWp solar power project at Chapalgaon village in Solapur district, Maharashtra. The project was developed through its wholly-owned subsidiary, Juniper Green Ray Two Private Limited. It marks the second phase of a larger 217 MWp solar power development at the same site in Akkalkot taluka. The first phase, with a capacity of 145.99 MWp, had already been completed earlier. In parallel,…
Author: PPD Team Date: 17/03/2025 REC Limited has signed a memorandum of understanding (MoU) with the Energy Management Centre (EMC), Government of Kerala, to finance pumped storage projects (PSPs) in the state over the next five years. The investment, estimated at Rs 183.6 billion, aims to enhance grid stability and facilitate the integration of renewable energy. The PSPs will play a crucial role in Kerala’s long-term energy strategy, which focuses on sustainable and efficient power…
Author: PPD Team Date: 23/12/2024 Copenhagen Infrastructure Partners (CIP), through its Energy Transition Fund I, has signed a 15-year power purchase agreement (PPA) with Google in the Netherlands. Under this agreement, Google will purchase 250 MW of wind energy from the Zeevonk project to power its Dutch operations. The Zeevonk project, a joint venture between CIP and Vattenfall, combines offshore wind, solar energy, and green hydrogen production. It includes a 2 GW offshore wind farm…
Author: PPD Team Date: 18/07/2025 Maharashtra State Electricity Transmission Company Ltd (MSETCL) has proposed a new scheme to upgrade the control and protection system of the Chandrapur–Padghe high-voltage direct current (HVDC) transmission link. The project, approved by the Maharashtra Transmission Committee (MTC), has been submitted to the state’s Grid Coordination Committee (GCC) for final clearance. To be implemented under the regulated tariff mechanism (RTM), the upgrade is estimated to cost Rs 5.1 billion and is…
Author: PPD Team Date: 21/11/2024 Voltalia and TAQA Arabia have signed a memorandum of understanding (MOU) with Egypt’s Ministry of Electricity to repower the 545 MW Zafarana wind farms, originally commissioned two decades ago. The partnership will also develop a 3 GW hybrid renewable energy solution comprising 1.1 GW of wind power and 2.1 GW of solar power. The first phase of the project is expected to be commissioned in 2028. Technical and environmental studies…
Author: PPD Team Date: 03/01/2025 Northleaf Capital Partners has sold its majority stake in the 494 megawatts peak (MWp) Mula photovoltaic solar plant in Murcia, Spain, to China Three Gorges Spain, a subsidiary of the China Three Gorges Corporation. The deal, executed with minority partner Qualitas Energy, includes the sale of a 100% equity interest and is part of Northleaf’s value creation plan, yielding significant cash returns to investors. Mula Solar, one of Europe’s largest…
Author: PPD Team Date: 15/07/2025 Juniper Green Energy Private Limited has commissioned a 71 MWp solar power project at Chapalgaon village in Solapur district, Maharashtra. The project was developed through its wholly-owned subsidiary, Juniper Green Ray Two Private Limited. It marks the second phase of a larger 217 MWp solar power development at the same site in Akkalkot taluka. The first phase, with a capacity of 145.99 MWp, had already been completed earlier. In parallel,…
Author: PPD Team Date: 17/03/2025 REC Limited has signed a memorandum of understanding (MoU) with the Energy Management Centre (EMC), Government of Kerala, to finance pumped storage projects (PSPs) in the state over the next five years. The investment, estimated at Rs 183.6 billion, aims to enhance grid stability and facilitate the integration of renewable energy. The PSPs will play a crucial role in Kerala’s long-term energy strategy, which focuses on sustainable and efficient power…
Author: PPD Team Date: 23/12/2024 Copenhagen Infrastructure Partners (CIP), through its Energy Transition Fund I, has signed a 15-year power purchase agreement (PPA) with Google in the Netherlands. Under this agreement, Google will purchase 250 MW of wind energy from the Zeevonk project to power its Dutch operations. The Zeevonk project, a joint venture between CIP and Vattenfall, combines offshore wind, solar energy, and green hydrogen production. It includes a 2 GW offshore wind farm…
Author: PPD Team Date: 18/07/2025 Maharashtra State Electricity Transmission Company Ltd (MSETCL) has proposed a new scheme to upgrade the control and protection system of the Chandrapur–Padghe high-voltage direct current (HVDC) transmission link. The project, approved by the Maharashtra Transmission Committee (MTC), has been submitted to the state’s Grid Coordination Committee (GCC) for final clearance. To be implemented under the regulated tariff mechanism (RTM), the upgrade is estimated to cost Rs 5.1 billion and is…
Author: PPD Team Date: 21/11/2024 Voltalia and TAQA Arabia have signed a memorandum of understanding (MOU) with Egypt’s Ministry of Electricity to repower the 545 MW Zafarana wind farms, originally commissioned two decades ago. The partnership will also develop a 3 GW hybrid renewable energy solution comprising 1.1 GW of wind power and 2.1 GW of solar power. The first phase of the project is expected to be commissioned in 2028. Technical and environmental studies…
Author: PPD Team Date: 03/01/2025 Northleaf Capital Partners has sold its majority stake in the 494 megawatts peak (MWp) Mula photovoltaic solar plant in Murcia, Spain, to China Three Gorges Spain, a subsidiary of the China Three Gorges Corporation. The deal, executed with minority partner Qualitas Energy, includes the sale of a 100% equity interest and is part of Northleaf’s value creation plan, yielding significant cash returns to investors. Mula Solar, one of Europe’s largest…
Author: PPD Team Date: 15/07/2025 Juniper Green Energy Private Limited has commissioned a 71 MWp solar power project at Chapalgaon village in Solapur district, Maharashtra. The project was developed through its wholly-owned subsidiary, Juniper Green Ray Two Private Limited. It marks the second phase of a larger 217 MWp solar power development at the same site in Akkalkot taluka. The first phase, with a capacity of 145.99 MWp, had already been completed earlier. In parallel,…
Author: PPD Team Date: 17/03/2025 REC Limited has signed a memorandum of understanding (MoU) with the Energy Management Centre (EMC), Government of Kerala, to finance pumped storage projects (PSPs) in the state over the next five years. The investment, estimated at Rs 183.6 billion, aims to enhance grid stability and facilitate the integration of renewable energy. The PSPs will play a crucial role in Kerala’s long-term energy strategy, which focuses on sustainable and efficient power…