Author: PPD Team Date: 07/01/2025
KEC International Limited, a wholly-owned subsidiary of the RPG Group, has secured new orders worth Rs 10.97 billion in the transmission and distribution (T&D) sector.
These include a 400 kV transmission line project in the UAE and the supply of towers, hardware, and poles for various projects in the Americas, including the United States, Mexico, and Brazil.
Author: PPD Team Date: 26/11/2024 According to a report by Reuters, Norway’s Equinor is reducing its renewables workforce by 20%, approximately 250 full-time roles, due to challenges in the offshore wind sector. These challenges include cost inflation, high interest rates, and supply chain issues. Employees directly employed by the parent company will be offered roles in other business areas to minimize the number of layoffs. The company, which plays a significant role in the global…
Author: PPD Team Date: 11/12/2024 The Expert Appraisal Committee (EAC) of the Ministry of Environment, Forest and Climate Change (MoEFCC) has recommended the granting of Terms of Reference (ToR) for the 1,200 MW Sikaser Open Loop Pumped Storage Hydro-electric Project in Chhattisgarh in its latest meeting. The project is being developed by Chhattisgarh State Power Generation Company Limited (CSPGCL) near Sikaser village in Gariyaband district. The Rs Rs 5,118.03 billion project spans 160 hectares and…
Author: PPD Team Date: 06/12/2024 JBM Group has signed a memorandum of understanding (MoU) with Singapore-based Keppel to accelerate global energy transition and sustainable infrastructure growth. The MoU was signed in the presence of Minister of Commerce and Industry Piyush Goyal and Keppel’s Infrastructure Division CEO, Cindy Lim. Under the partnership, JBM Group will leverage its expertise in electric vehicles, EV aggregates, and auto systems to collaborate with Keppel on projects focused on electro-mobility, battery…
Author: PPD Team Date: 06/11/2024 US-based Emeren Group has entered a co-development agreement with Arpinge to establish a 300MW battery energy storage system (BESS) portfolio in southern Italy, bolstering Emeren’s presence in the Italian BESS market where it already has 1.37GW in its permitting pipeline. This partnership with Arpinge, a permanent capital vehicle backed by Italian pension funds, aligns with Italy’s energy transition goals, focusing on enhancing grid stability and integrating renewables. Emeren Group CEO…
Author: PPD Team Date: 17/12/2024 Vireon Hydrogen has received a €3.8 million grant from Business Finland to develop a 5 MW electrolyser facility at the Jyväskylä Hydrogen Hub in Finland. Phase one of the project focuses on constructing a hydrogen refueling station for heavy-duty transport, partly funded by a previous EU grant, and is expected to be operational by 2025. Phase two, supported by the new grant, will expand the hub with a 5 MW…
Author: PPD Team Date: 18/10/2024 ITC has commissioned a 9.45 MW offsite solar plant in Davangere district, Karnataka, marking its second such facility in the state and fourth in the country, alongside others in Tamil Nadu, Uttar Pradesh, and Karnataka. The plant is designed to generate around 15 million units of green energy annually, supplying power to ITC’s hotels, the ITC Life Sciences and Technology Centre (LSTC), food manufacturing units in Mysore and Malur, and…