Author: PPD Team Date: 04/12/2024
North Eastern Electric Power Corporation Limited (NEEPCO) has invited bids for the engineering, procurement, and construction (EPC) package for the 240 MW Heo Hydro Electric Project in Arunachal Pradesh.
The turnkey execution project, announced on November 27, 2024, has a bid submission deadline of February 25, 2025.
The project, estimated to cost Rs 10.61 billion, is expected to be completed in 1,170 days.
Author: PPD Team Date: 05/02/2025 EDF Renewables North America (EDFR) and Power Sustainable Energy Infrastructure (PSEI) have announced the operational status of their Desert Quartzite solar+storage project in Riverside County, California. The project has a solar capacity of 375 MWdc/300 MWac and an energy storage capacity of 150 MWac/4 hours, delivering power to the Clean Power Alliance under a 20-year power purchase agreement. Located on Federal lands managed by the Bureau of Land Management, Desert…
Author: PPD Team Date: 23/01/2025 Telawne Power Equipments Pvt Ltd secured a Rs 200 million equity infusion to accelerate growth and technological innovation. The investment came from Ramesh Jaisinghani, Promoter of Polycab India Ltd, through his family office Vyom, and Mastermind JPIN. Both investors contributed Rs 100 million each. Managing Director Rakesh Telawne highlighted that this partnership strengthens the company’s financial position and supports its vision of adopting advanced technologies in the transformer manufacturing industry….
Author: PPD Team Date: 09/12/2024 Greenko Group, a leading renewable energy company in India, has appointed AFRY to provide detailed design engineering services for Rajasthan’s 1.8GW Shahpur pumped hydro energy storage project. The Shahpur pumped storage project is integral to Greenko’s strategy to drive the energy transition through large-scale, integrated renewable projects with advanced energy storage solutions. AFRY will provide detailed design, construction supervision, and on-site engineering support for the project. The company’s managing director,…
Author: PPD Team Date: 20/11/2024 Power Grid Corporation of India Ltd (PGCIL) acquired “Khavda V-A Power Transmission Ltd” from REC Power Development & Consultancy Ltd (RECPDCL) on November 19, 2024. This project, valued at Rs 250 billion, is the largest interstate transmission system (ISTS) scheme awarded under the tariff-based competitive bidding (TBCB) mechanism. The project is India’s first TBCB-awarded transmission scheme employing HVDC technology, a departure from the earlier regulated tariff mechanism (RTM) for most…
Author: PPD Team Date: 05/11/2024 Refex Green Power Limited (RGPL), a wholly-owned subsidiary of Refex Renewables & Infrastructure Limited, has acquired the remaining 51% equity stake in Sherisha Solar SPV Two Private Limited. This acquisition increases RGPL’s ownership to 100%, making Sherisha Solar SPV Two a fully-owned step-down subsidiary.
Author: PPD Team Date: 18/10/2024 India is set to become the global engine for energy demand growth through 2035, according to the International Energy Agency’s (IEA) World Energy Outlook 2024. The report highlights India’s rapid expansion, with the country adding more than 12,000 cars daily, increasing built space equivalent to South Africa, and seeing its air-conditioners consume more electricity than Mexico’s total power consumption by 2035. As the world’s third-largest oil consumer, India will increase…
Author: PPD Team Date: 05/02/2025 EDF Renewables North America (EDFR) and Power Sustainable Energy Infrastructure (PSEI) have announced the operational status of their Desert Quartzite solar+storage project in Riverside County, California. The project has a solar capacity of 375 MWdc/300 MWac and an energy storage capacity of 150 MWac/4 hours, delivering power to the Clean Power Alliance under a 20-year power purchase agreement. Located on Federal lands managed by the Bureau of Land Management, Desert…
Author: PPD Team Date: 23/01/2025 Telawne Power Equipments Pvt Ltd secured a Rs 200 million equity infusion to accelerate growth and technological innovation. The investment came from Ramesh Jaisinghani, Promoter of Polycab India Ltd, through his family office Vyom, and Mastermind JPIN. Both investors contributed Rs 100 million each. Managing Director Rakesh Telawne highlighted that this partnership strengthens the company’s financial position and supports its vision of adopting advanced technologies in the transformer manufacturing industry….
Author: PPD Team Date: 09/12/2024 Greenko Group, a leading renewable energy company in India, has appointed AFRY to provide detailed design engineering services for Rajasthan’s 1.8GW Shahpur pumped hydro energy storage project. The Shahpur pumped storage project is integral to Greenko’s strategy to drive the energy transition through large-scale, integrated renewable projects with advanced energy storage solutions. AFRY will provide detailed design, construction supervision, and on-site engineering support for the project. The company’s managing director,…
Author: PPD Team Date: 20/11/2024 Power Grid Corporation of India Ltd (PGCIL) acquired “Khavda V-A Power Transmission Ltd” from REC Power Development & Consultancy Ltd (RECPDCL) on November 19, 2024. This project, valued at Rs 250 billion, is the largest interstate transmission system (ISTS) scheme awarded under the tariff-based competitive bidding (TBCB) mechanism. The project is India’s first TBCB-awarded transmission scheme employing HVDC technology, a departure from the earlier regulated tariff mechanism (RTM) for most…
Author: PPD Team Date: 05/11/2024 Refex Green Power Limited (RGPL), a wholly-owned subsidiary of Refex Renewables & Infrastructure Limited, has acquired the remaining 51% equity stake in Sherisha Solar SPV Two Private Limited. This acquisition increases RGPL’s ownership to 100%, making Sherisha Solar SPV Two a fully-owned step-down subsidiary.
Author: PPD Team Date: 18/10/2024 India is set to become the global engine for energy demand growth through 2035, according to the International Energy Agency’s (IEA) World Energy Outlook 2024. The report highlights India’s rapid expansion, with the country adding more than 12,000 cars daily, increasing built space equivalent to South Africa, and seeing its air-conditioners consume more electricity than Mexico’s total power consumption by 2035. As the world’s third-largest oil consumer, India will increase…
Author: PPD Team Date: 05/02/2025 EDF Renewables North America (EDFR) and Power Sustainable Energy Infrastructure (PSEI) have announced the operational status of their Desert Quartzite solar+storage project in Riverside County, California. The project has a solar capacity of 375 MWdc/300 MWac and an energy storage capacity of 150 MWac/4 hours, delivering power to the Clean Power Alliance under a 20-year power purchase agreement. Located on Federal lands managed by the Bureau of Land Management, Desert…
Author: PPD Team Date: 23/01/2025 Telawne Power Equipments Pvt Ltd secured a Rs 200 million equity infusion to accelerate growth and technological innovation. The investment came from Ramesh Jaisinghani, Promoter of Polycab India Ltd, through his family office Vyom, and Mastermind JPIN. Both investors contributed Rs 100 million each. Managing Director Rakesh Telawne highlighted that this partnership strengthens the company’s financial position and supports its vision of adopting advanced technologies in the transformer manufacturing industry….