Author: PPD Team Date: December 31, 2024
J&V Energy has signed a memorandum of understanding (MoU) with ESPRO to establish a joint holding company for solar energy development and management in Thailand.
The partnership aims to enhance renewable energy adoption and operational efficiency in line with Thailand’s sustainability goals.
Author: PPD Team Date: July 28, 2025 Tamil Nadu Power Generation Corporation Ltd (TNPGCL) will install a 200 MW Battery Energy Storage System (BESS) at the North Chennai Thermal Power Station on a pilot basis. This is the first such use of battery storage with a coal-based plant in the state. The aim is to store electricity during low-demand periods and avoid frequent shutdowns. Restarting thermal units typically takes 10 to 12 hours. Continuous operation…
Author: PPD Team Date: September 18, 2025 Waaree Energies Limited plans to divest up to 6.1 million equity shares of Indosolar Limited, equal to 14.66 per cent of the company’s paid-up capital, through an Offer for Sale (OFS) on the stock exchanges. The share sale will be available to non-retail investors on September 18, 2025, and to retail investors on September 19, 2025. According to the filing with the Bombay Stock Exchange (BSE) and National…
Author: PPD Team Date: April 25, 2025 India and the Kingdom of Saudi Arabia have signed an agreement to deepen cooperation in the energy sector, prioritising security of supply across all energy sources. Both sides agreed to collaborate on balancing global energy market dynamics and strengthening supply chain resilience. The agreement includes support for India’s strategic petroleum reserve programme and extends to crude oil, LPG, refining, and petrochemicals. Cooperation will also cover electricity and renewable…
Author: PPD Team Date: January 12, 2026 REC Power Development and Consultancy Limited (RECPDCL) has transferred its entire shareholding in two project-specific special purpose vehicles (SPVs), Velgaon Power Transmission Limited and Jejuri Hinjewadi Power Transmission Limited, to successful bidders selected through a tariff-based competitive bidding (TBCB) process. The divestments were completed through separate Share Purchase Agreements signed on 9 January 2026. Jejuri Hinjewadi Power Transmission Limited was acquired by The Tata Power Company Limited, while…
Author: PPD Team Date: April 25, 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…
Author: PPD Team Date: May 21, 2025 Voith Hydro Private Limited has secured a contract valued at Rs 1,647.5 million for executing electromechanical (E&M) works for the Mankulam Hydro Electric Project in Kerala. The tender was issued by Kerala State Electricity Board (KSEB) in March 2024. The contract involves the completion of E&M works within two years. Located in Devikulam taluk of Idukki district, the Mankulam HEP – Phase I has an installed capacity of…