Kenya Electricity Transmission has entered into a $1.3 billion public-private partnership (PPP) with India’s Adani Group and Africa50, the infrastructure investment platform of the African Development Bank (ADB). The partnership aims to enhance Kenya’s power transmission infrastructure, with the concession awarded to build transmission lines confirmed by David Ndii, chief economic adviser to President William Ruto.
ACCIONA Energía has acquired two wind farms in Texas, Green Pastures I and Green Pastures II, each with a capacity of 150 MW. Located in Baylor and Knox Counties, these fully operational projects were acquired from private asset management firms for $202.5 million, boosting ACCIONA’s total installed capacity in the US. The two wind farms are integrated into the Electric Reliability Council of Texas (ERCOT) grid, which handles 90% of Texas’s electricity. Together, they will…
Power Grid Corporation of India Limited (PGCIL) has emerged as the lowest bidder (L1) for the Transmission system for evacuation of power from Renewable Energy Zones (REZ) in Rajasthan (20 GW) under Phase-III Part I. REC Power Development & Consultancy Limited (RECPDCL), its bid process coordinator, will transfer the special purpose vehicle (SPV) Rajasthan Part I Power Transmission Limited to PGCIL upon completion of formalities. The project is estimated at Rs 127 billion and will…
Epic Energy (EPIC) has announced a joint venture with Fenfeo Automotive to set up an electric vehicle (EV) charger manufacturing facility in Coimbatore, Tamil Nadu. The plant will initially produce 15,000 chargers annually, with plans for expansion based on market demand. EPIC will hold a 76% stake in the JV, while Fenfeo will own 24%. The project requires an estimated investment of Rs 50 million, with an expected annual gross revenue of Rs 150 million…
Nuclear power company Oklo has secured a memorandum of agreement (MOA) with the U.S. Department of Energy (DOE), allowing it to conduct site inspections for its planned advanced nuclear reactor in Idaho. This agreement enables Oklo to proceed with geotechnical assessments, environmental surveys, and infrastructure planning, crucial steps toward advancing the project to the construction phase. Oklo is the only advanced fission company with a DOE site use permit and has made significant regulatory progress,…
Larsen & Toubro (L&T) has been declared the lowest bidder by NTPC for the main plant package of super thermal power plants (STPPs) at Gadarwara in Madhya Pradesh, Telangana, and Nabinagar in Bihar. L&T will undertake work for Gadarwara STPP Stage-II (2×800 MW), Telangana STPP Stage-II (3×800 MW), and Nabinagar STPP Stage-II (3×800 MW). The scope of work includes design, engineering, manufacture, supply, construction, erection, testing, and commissioning of the main plant package. The projects…
Vietnam‘s Ministry of Industry and Trade has drafted a new electricity law to establish a legal framework supporting the development of a modern, interconnected, and efficient power market while prioritizing national energy security. The proposed amendments aim to address gaps in power development regulations, improve coordination among ministries, and overcome challenges in bringing electricity investments to remote areas. A key focus of the draft law is on refining electricity pricing policies. The goal is to…
Stay informed on power sector updates. Subscribe here.