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: 28/11/2024 The Western Australian (WA) government has completed the second phase of the Kwinana big battery project, marking a major milestone in the region’s energy transition. This phase involved constructing an A$661 million ($428 million) battery energy storage system (BESS) with a capacity of 800 MWh and a 200 MW output capability, supported by 288 battery modules and 72 inverter units. Construction, which began in July 2023, created 200 jobs. The…
Author: PPD Team Date: 26/11/2024 The Cabinet Committee on Economic Affairs (CCEA) has approved an investment of Rs 36.89 billion for two hydropower projects in Arunachal Pradesh to enhance the region’s power supply and support the national grid. The 186 MW Tato-I Hydro Electric Project and the 240 MW Heo Hydro Electric Project will be developed through joint ventures between the North Eastern Electric Power Corporation (NEEPCO) and the Arunachal Pradesh government. The Tato-I project…
Author: PPD Team Date: 21/10/2024 According to LevelTen, a price tracking platform, European power purchase agreement (PPA) prices for green electricity dropped by 12.4% in Q3 2024 compared to the same period in 2023. This decrease is attributed to declining inflation and reduced market volatility following the COVID-19 pandemic and the 2022 energy crisis. LevelTen’s quarterly report suggests that current stable market conditions present an opportunity for buyers to secure favourable deals. The variety of…
Author: PPD Team Date: 04/06/2025 Adani Energy Solutions Limited (AESL) has approved raising Rs 43 billion through a qualified institutional placement (QIP), to be executed in one or more tranches. This move follows a series of recent fundraises by the Adani Group. In April 2025, it secured USD 750 million for an acquisition, with BlackRock subscribing to a third of the bond issue. Separately, Adani Ports raised USD 150 million via a bilateral loan from…
Author: PPD Team Date: 02/12/2024 Rail Vikas Nigam Limited (RVNL) has emerged as the lowest bidder (L1) by quoting Rs 6,425.65 million in Package 3 for Central zone (Ludhiana city (east), Ludhiana city (west), Ludhiana (sub), and Khanna including Fatehgarh Sahib district) for development of distribution infrastructure work for execution of low tension (LT) and high tension (HT) infrastructure loss reduction works under the Punjab Revamped Distribution Sector Scheme (RDSS). Punjab State Power Corporation Limited…
Author: PPD Team Date: 17/10/2024 Hithium Energy Storage Technology has partnered with Nabilah AlTunisi’s company, MANAT, to launch a joint venture named Hithium MANAT. The venture will establish a battery energy storage systems (BESS) manufacturing facility with a 5 gigawatt-hour (GWh) annual production capacity in Saudi Arabia. This marks one of the first advanced BESS manufacturing plants in the Kingdom and the wider MENA region, supporting Saudi Arabia’s Vision 2030. The partnership was announced at…