Author: PPD Team Date: December 13, 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: December 19, 2024 ABB has signed an agreement to acquire the power electronics business of Gamesa Electric in Spain from Siemens Gamesa. This acquisition will strengthen ABB’s position in the growing market for high-powered renewable power conversion technology. The acquired portfolio includes Doubly-fed induction generator (DFIG) wind converters, industrial battery energy storage systems (BESS), and utility-scale solar power inverters. The transaction will add over 100 specialized engineers and two Spanish converter…
Author: PPD Team Date: March 18, 2025 India has taken another step towards energy security by commissioning Unit 7 of the Rajasthan Atomic Power Project (RAPP-7) at Rawatbhata. The 700 MW Pressurised Heavy Water Reactor (PHWR), developed by Nuclear Power Corporation of India Ltd (NPCIL), was connected to the Northern Grid on March 17 after meeting all regulatory requirements set by the Atomic Energy Regulatory Board (AERB). This marks India’s third operational 700 MW PHWR,…
Author: PPD Team Date: December 4, 2024 Discoms in Delhi have petitioned the Delhi Electricity Regulatory Commission (DERC) for a cost-reflective tariff for the 2024-25 fiscal, citing a combined revenue gap of Rs 31.62 billion in 2022-23. Electricity rates in Delhi have not changed since 2014. The petitions revealed revenue requirements for 2022-23 of Rs 121.16 billion for BSES Rajdhani Power Limited (BRPL), Rs 61.41 billion for BSES Yamuna Power Limited (BYPL), and Rs 92.64…
Author: PPD Team Date: February 12, 2025 Juniper Green Energy Limited has secured Rs 86.82 billion in phased debt financing to develop renewable energy (RE) projects in India, including wind-solar hybrid and Firm and Dispatchable Renewable Energy (FDRE) projects. The financing has been arranged from multiple institutions, including Power Finance Corporation Limited (PFC), DBS Bank, Hongkong and Shanghai Banking Corporation (HSBC), and the Indian Renewable Energy Development Agency Limited (IREDA). This financing will enhance the…
Author: PPD Team Date: November 21, 2024 Securing Energy for Europe (SEFE), Eletrobras, and EnerTech have signed a Joint Study Agreement (JSA) to deliver 200,000 tonnes of green hydrogen annually to Germany starting in 2030. The partnership involves establishing a green hydrogen production facility in Brazil, utilizing electricity sourced from hydropower and other renewable options. SEFE will manage the production and shipment of green ammonia to Germany and oversee the distribution of green hydrogen across…
Author: PPD Team Date: December 16, 2024 NorthWestern Energy has entered into a memorandum of understanding (MoU) with Grid United’s North Plains Connector to acquire a 10% stake in the 3GW HVDC transmission line project. The 420-mile (676 km) transmission line will link Bismarck, North Dakota, and Colstrip, Montana. Grid United will fund the development of the North Plains Connector, with NorthWestern Energy’s investment contingent on regulatory approvals. The project, developed jointly with ALLETE, will…