Author: PPD Team Date: 13/01/2025
The North Eastern Region Power System Improvement Project (NERPSIP) in Nagaland and Tripura is expected to be completed by March 2025.
Construction work under NERPSIP has been completed in Assam, Manipur, Meghalaya, and Mizoram. However, five packages remain pending, including two in Nagaland and three in Tripura, involving 18 circuit kilometres (ckm) of lines and 170 MVA of transformation capacity.
Author: PPD Team Date: 04/12/2024 Axpo Nordic has entered a ten-year agreement with Norway-based Hydro Energi to supply 2.63 TWh of electricity between 2026 and 2035. The electricity will be delivered in the Swedish price area SE2, strengthening Hydro’s renewable energy portfolio. Mats Larsson, senior originator at Axpo Nordic, emphasized the companies’ 15-year partnership and Axpo’s expertise in delivering tailored energy solutions. Hydro will integrate this contract into its Nordic power portfolio, which includes 9.4…
Author: PPD Team Date: 18/10/2024 Wärtsilä has secured a contract to provide a 150 MW battery energy storage system (BESS) with a 300 MWh capacity for Amp Energy in South Australia. The Bungama BESS project, currently in its initial phase, aims to strengthen energy security and reliability as the state increasingly relies on renewable energy. The system will utilize Wärtsilä’s advanced Quantum High Energy storage technology, designed to offer crucial grid services such as frequency…
Author: PPD Team Date: 06/11/2024 NTPC‘s board has approved investment proposals totalling approximately Rs 800 billion for thermal power projects with a combined capacity of 6,400 MW. The approved projects include: Telangana Super Thermal Power Project, Phase-II: 3×800 MW units at an estimated cost of Rs 293.44 billion. Gadarwara Super Thermal Power Project, Stage-II: 2×800 MW units at an estimated cost of Rs 204.45 billion. Nabinagar Super Thermal Power Project, Stage II: 3×800 MW units…
Author: PPD Team Date: 06/03/2025 The Competition Commission of India (CCI) has approved JSW Energy Limited’s acquisition of a 100 per cent stake in KSK Mahanadi Power Company Limited (KMPCL) through its wholly owned subsidiary, JSW Thermal Energy One Limited. KMPCL operates a 3,600 MW (6×600 MW) thermal power plant in Janjgir-Champa, Chhattisgarh, and is currently undergoing the corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016. CCI has also cleared Adani Infra…
Author: PPD Team Date: 20/12/2024 Servotech Power Systems has rebranded as Servotech Renewable Power System, signalling its shift to renewable energy. The new name reflects the company’s focus on solar products, EV chargers, and sustainable energy solutions. Founder & Managing Director Raman Bhatia highlighted the company’s commitment to clean energy, stating, “Our future is in green energy.”
Author: PPD Team Date: 04/11/2024 Norwegian renewable company Hydro Energi has settled its long-term power purchase agreement (PPA) with Swedish wind farm operator Markbygden Ett. Originally signed in 2017, the PPA was intended to supply 1.65 TWh annually from 2021 to 2039, backing the financing of Markbygden’s onshore wind park in northern Sweden, which had a projected output of 2.2 TWh per year. However, due to financial difficulties, Markbygden Ett halted power deliveries to Hydro…