Author: PPD Team Date: 20/12/2024
Mercados Energy Markets India Private Limited has secured a Rs 2.8 million contract to provide consultancy and regulatory support services to Assam Power Distribution Company Limited (APDCL) for the procurement of 500 MW long-term hydro power.
APDCL invited bids for the consultancy in October 2024. The project will be executed through a tariff-based competitive bidding (TBCB) process.
Author: PPD Team Date: 06/11/2024 Jupiter Power has closed a $225 million corporate credit facility to expand its energy storage portfolio across the United States. The facility includes up to $175 million in letters of credit and $50 million in revolving loans. Coordinated by Barclays Bank PLC, HSBC Bank USA, and Sumitomo Mitsui Banking Corporation, this financing will support Jupiter Power’s 12,000 MW development pipeline. Kirkland & Ellis acted as counsel for Jupiter Power, while…
Author: PPD Team Date: 23/10/2024 The Energy Market Authority (EMA) of Singapore has conditionally approved Sun Cable’s proposal to import 1.75 GW of low-carbon electricity from Australia. This electricity will be generated from solar power in Australia’s Northern Territory and transmitted to Singapore through a 4,300 km subsea cable. The project aims for commercial operations post-2035. To secure a conditional licence, Sun Cable must update its proposal to meet EMA’s conditions, including technical requirements, ensuring…
Author: PPD Team Date: 13/12/2024 The Government of Nagaland has unveiled its Intra-State Transmission Plan for 2032 to address a 510 MVA capacity gap in the state’s power infrastructure. The project includes the construction of nine 132/33 kV substations and 476 km of transmission lines. The estimated investment for the initiative stands at Rs 11.5 billion.
Author: PPD Team Date: 06/12/2024 Dynamic Services and Security Limited (DSSL) has secured an order from the Maharashtra government to establish a 1,800 MW solar module manufacturing facility in MIDC Villebhagad, Tal-Mangaon, Raigad district. The project, involving an investment of Rs 10.8 billion, falls under the Maharashtra Package Scheme of Incentives (PSI) 2019, which promotes industrial growth in underdeveloped regions through incentives. Projects with a minimum capital investment of Rs 10 billion under the PSI…
Author: PPD Team Date: 06/01/2025 The European Bank for Reconstruction and Development (EBRD) is providing a USD 66.4 million sovereign loan to Uzbekistan’s JSC National Electric Grid of Uzbekistan (NEGU) for a 500 kV, 230 km transmission line connecting Sarimay in Khoresm to Muruntau in Navoi. The project will ease grid bottlenecks, reduce electricity outages during peak demand, and support the integration of renewable energy sources. It aligns with Uzbekistan’s low-carbon development strategy, developed with…
Author: PPD Team Date: 05/06/2025 P&R Infraprojects Limited has been awarded a contract worth Rs 676.19 million for Package II of the 186 MW Tato-I Hydro Electric Project. The scope includes hydro-mechanical (H&M) works and penstock steel liner works. North Eastern Electric Power Corporation Limited (NEEPCO) invited bids for this package in December 2024. NEEPCO is implementing the Tato-I project in the Shi Yomi district of Arunachal Pradesh. The project will have three generating units…
Author: PPD Team Date: 06/11/2024 Jupiter Power has closed a $225 million corporate credit facility to expand its energy storage portfolio across the United States. The facility includes up to $175 million in letters of credit and $50 million in revolving loans. Coordinated by Barclays Bank PLC, HSBC Bank USA, and Sumitomo Mitsui Banking Corporation, this financing will support Jupiter Power’s 12,000 MW development pipeline. Kirkland & Ellis acted as counsel for Jupiter Power, while…
Author: PPD Team Date: 23/10/2024 The Energy Market Authority (EMA) of Singapore has conditionally approved Sun Cable’s proposal to import 1.75 GW of low-carbon electricity from Australia. This electricity will be generated from solar power in Australia’s Northern Territory and transmitted to Singapore through a 4,300 km subsea cable. The project aims for commercial operations post-2035. To secure a conditional licence, Sun Cable must update its proposal to meet EMA’s conditions, including technical requirements, ensuring…
Author: PPD Team Date: 13/12/2024 The Government of Nagaland has unveiled its Intra-State Transmission Plan for 2032 to address a 510 MVA capacity gap in the state’s power infrastructure. The project includes the construction of nine 132/33 kV substations and 476 km of transmission lines. The estimated investment for the initiative stands at Rs 11.5 billion.
Author: PPD Team Date: 06/12/2024 Dynamic Services and Security Limited (DSSL) has secured an order from the Maharashtra government to establish a 1,800 MW solar module manufacturing facility in MIDC Villebhagad, Tal-Mangaon, Raigad district. The project, involving an investment of Rs 10.8 billion, falls under the Maharashtra Package Scheme of Incentives (PSI) 2019, which promotes industrial growth in underdeveloped regions through incentives. Projects with a minimum capital investment of Rs 10 billion under the PSI…
Author: PPD Team Date: 06/01/2025 The European Bank for Reconstruction and Development (EBRD) is providing a USD 66.4 million sovereign loan to Uzbekistan’s JSC National Electric Grid of Uzbekistan (NEGU) for a 500 kV, 230 km transmission line connecting Sarimay in Khoresm to Muruntau in Navoi. The project will ease grid bottlenecks, reduce electricity outages during peak demand, and support the integration of renewable energy sources. It aligns with Uzbekistan’s low-carbon development strategy, developed with…
Author: PPD Team Date: 05/06/2025 P&R Infraprojects Limited has been awarded a contract worth Rs 676.19 million for Package II of the 186 MW Tato-I Hydro Electric Project. The scope includes hydro-mechanical (H&M) works and penstock steel liner works. North Eastern Electric Power Corporation Limited (NEEPCO) invited bids for this package in December 2024. NEEPCO is implementing the Tato-I project in the Shi Yomi district of Arunachal Pradesh. The project will have three generating units…
Author: PPD Team Date: 06/11/2024 Jupiter Power has closed a $225 million corporate credit facility to expand its energy storage portfolio across the United States. The facility includes up to $175 million in letters of credit and $50 million in revolving loans. Coordinated by Barclays Bank PLC, HSBC Bank USA, and Sumitomo Mitsui Banking Corporation, this financing will support Jupiter Power’s 12,000 MW development pipeline. Kirkland & Ellis acted as counsel for Jupiter Power, while…
Author: PPD Team Date: 23/10/2024 The Energy Market Authority (EMA) of Singapore has conditionally approved Sun Cable’s proposal to import 1.75 GW of low-carbon electricity from Australia. This electricity will be generated from solar power in Australia’s Northern Territory and transmitted to Singapore through a 4,300 km subsea cable. The project aims for commercial operations post-2035. To secure a conditional licence, Sun Cable must update its proposal to meet EMA’s conditions, including technical requirements, ensuring…