Indian Oil and EverEnviro form JV for CBG production
Author: PPD Team Date: 17/10/2024
Author: PPD Team Date: 17/10/2024
Indian Oil Corporation (IOCL) has partnered with EverEnviro Resource Management to establish a joint venture (JV) focused on converting organic waste into compressed biogas (CBG).
The two companies will share equal ownership in the JV, which will integrate advanced biogas technologies to promote biofuels and support the national deployment of CBG plants. This initiative aligns with IOCL’s long-term low-carbon strategy and its goal of achieving operational net-zero emissions by 2046.
In addition to the CBG venture, IOCL has been expanding its renewable energy portfolio. In October 2023, the IOCL Board approved a Rs 16.6 billion investment for a 50% stake in a joint venture with NTPC Green Energy Limited to develop renewable power plants. IOCL also issued a request for project management consultancy services for renewable energy projects in September 2023.
Author: PPD Team Date: 16/04/2025 China plans to continue building coal-fired power plants until at least 2027, according to new government guidelines aimed at upgrading the country’s coal power infrastructure. The decision, released by China’s state planner and energy regulator, is stirring debate over the nation’s long-term climate commitments, particularly its pledge to start cutting coal use between 2026 and 2030. Officials say new coal plants will be built only in areas where they are…
Author: PPD Team Date: 17/07/2025 Hitachi Energy India has secured an order from Power Grid Corporation of India Limited (POWERGRID) to supply 30 single-phase 765 kV, 500 MVA transformers. According to the company’s press release, the transformers will be manufactured at Hitachi Energy’s facility in Maneja, Vadodara, Gujarat. India’s transformer demand has risen by 15 percent annually over the past two years. The 765 kV transformers enable long-distance, high-volume power transfer with reduced transmission losses,…
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Author: PPD Team Date: 24/01/2025 Kalpataru Projects International Limited (KPIL) has won new orders worth Rs 20.38 billion in the transmission and distribution (T&D) sector across domestic and international markets, along with building projects in India. These orders increase KPIL’s year-to-date (YTD) order intake to Rs 193.61 billion. KPIL is a leading engineering, procurement, and construction (EPC) firm engaged in power transmission & distribution, buildings & factories, oil & gas pipelines, and water supply projects.
Author: PPD Team Date: 25/04/2025 Adani Green Energy Limited (AGEL) has signed a power purchase agreement (PPA) with Uttar Pradesh Power Corporation Limited (UPPCL) for 1,250 MW of energy storage capacity. The supply will come from the Panaura pumped storage project (PSP), located at Soman village in Robertsganj tehsil, Sonbhadra district. The PPA was signed through AGEL’s subsidiary, Adani Hydro Energy Five Limited. The Panaura PSP is designed as an off-stream closed-loop system and was…
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Author: PPD Team Date: 16/04/2025 China plans to continue building coal-fired power plants until at least 2027, according to new government guidelines aimed at upgrading the country’s coal power infrastructure. The decision, released by China’s state planner and energy regulator, is stirring debate over the nation’s long-term climate commitments, particularly its pledge to start cutting coal use between 2026 and 2030. Officials say new coal plants will be built only in areas where they are…
Author: PPD Team Date: 17/07/2025 Hitachi Energy India has secured an order from Power Grid Corporation of India Limited (POWERGRID) to supply 30 single-phase 765 kV, 500 MVA transformers. According to the company’s press release, the transformers will be manufactured at Hitachi Energy’s facility in Maneja, Vadodara, Gujarat. India’s transformer demand has risen by 15 percent annually over the past two years. The 765 kV transformers enable long-distance, high-volume power transfer with reduced transmission losses,…
Author: PPD Team Date: 27/06/2025 The Government of Odisha has sought Rs 62.84 billion as central financial assistance under the Revamped Distribution Sector Scheme (RDSS). The request was placed before the Union Government on June 24, 2025. The proposed funding breakdown includes Rs 42.48 billion for cyclone-resilient power infrastructure, Rs 15.1 billion for upgrading distribution systems, Rs 4.28 billion for smart metering, and Rs 0.97 billion for project management support. Odisha Deputy Chief Minister KV…
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Author: PPD Team Date: 16/04/2025 China plans to continue building coal-fired power plants until at least 2027, according to new government guidelines aimed at upgrading the country’s coal power infrastructure. The decision, released by China’s state planner and energy regulator, is stirring debate over the nation’s long-term climate commitments, particularly its pledge to start cutting coal use between 2026 and 2030. Officials say new coal plants will be built only in areas where they are…
Author: PPD Team Date: 17/07/2025 Hitachi Energy India has secured an order from Power Grid Corporation of India Limited (POWERGRID) to supply 30 single-phase 765 kV, 500 MVA transformers. According to the company’s press release, the transformers will be manufactured at Hitachi Energy’s facility in Maneja, Vadodara, Gujarat. India’s transformer demand has risen by 15 percent annually over the past two years. The 765 kV transformers enable long-distance, high-volume power transfer with reduced transmission losses,…