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: 27/12/2024 PFC Consulting Limited (PFCCL) has incorporated Mundra I Transmission Limited, a special purpose vehicle (SPV), for developing the transmission system to supply power to Green Hydrogen and Ammonia manufacturing facilities in the Mundra area of Gujarat (3 GW) under Phase-I Part B1. This was announced on December 27, 2024. PFCCL has been designated as the bid process coordinator (BPC) to select a transmission service provider (TSP) through the tariff-based competitive…
Author: PPD Team Date: 07/01/2025 Larsen & Toubro Ltd’s Power Transmission & Distribution (PT&D) business has secured new orders in India and the Middle East. In India, L&T’s PT&D division will implement an advanced distribution management system (ADMS) in West Bengal. The technology integrates the Outage Management System (OMS) and Distribution Management System (DMS) functionalities, enhancing real-time monitoring and control of medium and low-voltage networks to improve reliability, fault isolation, and restoration speed. In the…
Author: PPD Team Date: 24/01/2025 The Indian Renewable Energy Development Agency Limited (IREDA) has approved a plan to raise up to Rs 50 billion through a Qualified Institutions Placement (QIP) of equity shares in one or more tranches. This decision aims to strengthen IREDA’s financial resources to meet the growing demand for green energy financing. The issuance will proceed following necessary approvals from shareholders and regulatory authorities. The initiative will allow IREDA to expand its…
Author: PPD Team Date: 24/12/2024 Power Grid Corporation of India Limited (PGCIL) and Adani Energy Solutions Ltd have emerged as qualified bidders for the Augmentation of transformation capacity at KPS1 (GIS) and KPS2 (GIS) (Phase-V Part B1 and Part B2 scheme). REC Power Development and Consultancy Limited (REC PDCL) is the bid process coordinator (BPC) for selecting a transmission service provider (TSP) through a tariff-based competitive bidding (TBCB) process. The project’s special purpose vehicle (SPV)…
Author: PPD Team Date: 28/10/2024 Copenhagen Energy and PetroGreen Energy Corporation have obtained the Green Lane Certificate from the Philippine Board of Investments for their joint floating offshore wind projects under BuhaWind Energy Philippines. This certification will accelerate the permit process, facilitating faster development of their planned 4 GW offshore wind farms. The initiative includes three projects: A 2 GW wind farm in Northern Luzon, targeted for operation by 2030. A 1 GW project in…
Author: PPD Team Date: 27/11/2024 Insolation Green Energy Private Limited, a subsidiary of Insolation Energy Limited, has signed a memorandum of understanding (MoU) with the Rajasthan government during the Rising Rajasthan Global Investment Summit 2024. The agreement involves an investment of Rs 100 billion for solar power generation projects, manufacturing facilities for solar components, engineering, procurement, and construction (EPC) projects, and the development of solar parks in Rajasthan.