Author: PPD Team Date: 19/12/2024
Inox Wind Limited has secured a contract from Serentica Renewables India Private Limited (SRIPL) to supply 3 MW-class Wind Turbine Generators (WTGs) for a 60 MW wind power project.
The project is part of a wind-solar hybrid development in Karnataka.
Awarded on December 18, 2024, the contract includes equipment supply and multi-year Operations and Maintenance (O&M) services post-commissioning. The WTGs are scheduled for delivery by June 2025.
Author: PPD Team Date: 24/10/2024 PFC Consulting Ltd (PFCCL) has formed a wholly-owned subsidiary named “Gadag II and Koppal II Transmission Ltd” on October 21, 2024, as a special purpose vehicle (SPV) for an interstate transmission system (ISTS) scheme in Karnataka. The project, titled “System strengthening at Koppal-II and Gadag-II for integration of RE generation projects,” is aimed at enhancing capacity at the Koppal-II and Gadag-II pooling stations to support growing renewable energy (RE) connections….
Author: PPD Team Date: 30/12/2024 PFC Consulting Limited, a wholly owned subsidiary of Power Finance Corporation Limited, has invited bids for a transmission project “Execution of System Strengthening/Upgradation Works and Intra-State Transmission System projects by Creation/Augmentation of Grid Stations and Laying of Transmission Lines in the state of J&K.” The last date for seeking clarifications is 15 January 2025, while responses to the Request for Proposal (RFP) have to be submitted by 28 February 2025.
Author: PPD Team Date: 23/12/2024 Tata Power Renewable Energy Limited (TPREL) has collaborated with Canara Bank to promote rooftop solar adoption under the PM Surya Ghar Scheme. For systems up to 3 kW capacity, loans of up to Rs 200,000 are available with a 10 per cent margin, no collateral, a 7 per cent annual interest rate, and a 10-year tenure. For systems between 3 kW and 10 kW, loans up to Rs 600,000 are…
Author: PPD Team Date: 29/01/2025 The EU will offer €30m ($31.4m) in emergency assistance to Moldova, including the separatist Transnistrian region, until 10 February 2025. The aid follows Russian gas supplier Gazprom’s failure to deliver natural gas, leaving over 350,000 people without electricity and heating. Moldova declared a 60-day national state of emergency starting 16 December 2024 due to expected gas cuts. The package will support electricity restoration and explore coal deliveries from Ukraine. It…
Author: PPD Team Date: 18/12/2024 Kohlberg Kravis Roberts (KKR) has sold a 2.6 per cent stake in India Grid Trust through an open market transaction, valued at Rs 2.77 billion. KKR’s affiliate, Esoteric II Pte, sold 20.1 million units at an average price of Rs 138.01 per unit.
Author: PPD Team Date: 02/01/2025 India’s renewable energy sector has made significant strides, with installed capacity surpassing 200 gigawatts (GW) and projections of investment doubling to over Rs 2.75 trillion by 2025. According to the International Energy Agency (IEA), India’s annual renewable capacity additions are set to grow faster than any other major economy, including China, with expectations for the country’s capacity to more than quadruple from 15 GW in 2023 to 62 GW by…
Author: PPD Team Date: 24/10/2024 PFC Consulting Ltd (PFCCL) has formed a wholly-owned subsidiary named “Gadag II and Koppal II Transmission Ltd” on October 21, 2024, as a special purpose vehicle (SPV) for an interstate transmission system (ISTS) scheme in Karnataka. The project, titled “System strengthening at Koppal-II and Gadag-II for integration of RE generation projects,” is aimed at enhancing capacity at the Koppal-II and Gadag-II pooling stations to support growing renewable energy (RE) connections….
Author: PPD Team Date: 30/12/2024 PFC Consulting Limited, a wholly owned subsidiary of Power Finance Corporation Limited, has invited bids for a transmission project “Execution of System Strengthening/Upgradation Works and Intra-State Transmission System projects by Creation/Augmentation of Grid Stations and Laying of Transmission Lines in the state of J&K.” The last date for seeking clarifications is 15 January 2025, while responses to the Request for Proposal (RFP) have to be submitted by 28 February 2025.
Author: PPD Team Date: 23/12/2024 Tata Power Renewable Energy Limited (TPREL) has collaborated with Canara Bank to promote rooftop solar adoption under the PM Surya Ghar Scheme. For systems up to 3 kW capacity, loans of up to Rs 200,000 are available with a 10 per cent margin, no collateral, a 7 per cent annual interest rate, and a 10-year tenure. For systems between 3 kW and 10 kW, loans up to Rs 600,000 are…
Author: PPD Team Date: 29/01/2025 The EU will offer €30m ($31.4m) in emergency assistance to Moldova, including the separatist Transnistrian region, until 10 February 2025. The aid follows Russian gas supplier Gazprom’s failure to deliver natural gas, leaving over 350,000 people without electricity and heating. Moldova declared a 60-day national state of emergency starting 16 December 2024 due to expected gas cuts. The package will support electricity restoration and explore coal deliveries from Ukraine. It…
Author: PPD Team Date: 18/12/2024 Kohlberg Kravis Roberts (KKR) has sold a 2.6 per cent stake in India Grid Trust through an open market transaction, valued at Rs 2.77 billion. KKR’s affiliate, Esoteric II Pte, sold 20.1 million units at an average price of Rs 138.01 per unit.
Author: PPD Team Date: 02/01/2025 India’s renewable energy sector has made significant strides, with installed capacity surpassing 200 gigawatts (GW) and projections of investment doubling to over Rs 2.75 trillion by 2025. According to the International Energy Agency (IEA), India’s annual renewable capacity additions are set to grow faster than any other major economy, including China, with expectations for the country’s capacity to more than quadruple from 15 GW in 2023 to 62 GW by…
Author: PPD Team Date: 24/10/2024 PFC Consulting Ltd (PFCCL) has formed a wholly-owned subsidiary named “Gadag II and Koppal II Transmission Ltd” on October 21, 2024, as a special purpose vehicle (SPV) for an interstate transmission system (ISTS) scheme in Karnataka. The project, titled “System strengthening at Koppal-II and Gadag-II for integration of RE generation projects,” is aimed at enhancing capacity at the Koppal-II and Gadag-II pooling stations to support growing renewable energy (RE) connections….
Author: PPD Team Date: 30/12/2024 PFC Consulting Limited, a wholly owned subsidiary of Power Finance Corporation Limited, has invited bids for a transmission project “Execution of System Strengthening/Upgradation Works and Intra-State Transmission System projects by Creation/Augmentation of Grid Stations and Laying of Transmission Lines in the state of J&K.” The last date for seeking clarifications is 15 January 2025, while responses to the Request for Proposal (RFP) have to be submitted by 28 February 2025.