Author: PPD Team Date: 25/11/2024
Power Grid Corporation of India Limited (PGCIL) has commissioned the North Eastern Region Strengthening Scheme-XII (NERSS-XII) project, effective 2 November 2024.
The notification for commercial operation was received on 23 November 2024.
NERSS-XII is an interstate transmission scheme aimed at enhancing the power infrastructure in India’s North-East region. PGCIL developed the project for Rs 5.76 billion.
Author: PPD Team Date: 28/10/2024 Larsen & Toubro (L&T) has secured a ‘significant’ contract, estimated between Rs 10 billion and Rs 25 billion, to implement advanced welding technologies for the ITER Organisation’s nuclear fusion project, the world’s largest, located in Cadarache, Southern France. L&T will focus on critical technologies for assembling ports and complex components within the ITER Tokamak’s vacuum vessel. ITER, the International Thermonuclear Experimental Reactor, is a large-scale scientific collaboration aiming to make…
Author: PPD Team Date: 15/01/2025 ENGIE has announced an expansion of its wind farm in Ras Ghareb, Egypt, increasing its capacity from 500 MW to 650 MW. Developed by the Red Sea Wind Energy Consortium—comprising ENGIE, Orascom Construction, Toyota Tsusho, and Eurus Energy—the project is the largest wind farm in Africa. The expansion includes a new 25-year revenue agreement with the Egyptian Electricity Transmission Company. The wind farm supports Egypt’s goal of achieving 42% renewable…
Author: PPD Team Date: 26/11/2024 NTPC Green Energy Limited (NGEL), a wholly owned subsidiary of NTPC, received an overall subscription of 2.4 times for its initial public offering (IPO) on the final day of bidding. The IPO offered 593 million equity shares at a price band of Rs 102-108 and received bids for 1.43 billion shares, based on stock exchange data. The subscription breakdown revealed that the qualified institutional buyer category was subscribed 3.32 times,…
Author: PPD Team Date: 28/01/2025 Indian Oil Corporation (IOCL) plans to acquire five to six GW of solar and wind power projects to expand its renewable energy portfolio. The company targets 31 GW of renewable energy capacity by 2031 through organic growth, joint ventures, and mergers and acquisitions. IOCL currently has a renewable energy capacity of 246.94 MW and established Terra Clean, a wholly owned subsidiary, in 2024 to drive clean energy operations. Terra Clean…
Author: PPD Team Date: 19/12/2024 Bhartiya Nabhikiya Vidyut Nigam Limited (BHAVINI) plans to begin commercial operations of the 500 MW Prototype Fast Breeder Reactor (PFBR) at the Madras Atomic Power Station in Kalpakkam, Tamil Nadu, by the end of 2025. The Kalpakkam facility currently has two operational 220 MW Pressurised Heavy-Water Reactors (Units 1 and 2), a 500 MW PFBR (Unit 3) under construction, and two planned 600 MW Fast Breeder Reactors (Units 4 and…
Author: PPD Team Date: 14/11/2024 The New South Wales (NSW) government in Australia has introduced the Renewable Energy Planning Framework to streamline planning for renewable projects, ensuring investment stability and supporting regional economic growth. Aligned with NSW’s Electricity Infrastructure Roadmap and emissions targets, the framework promotes transparent assessments of wind, transmission, and solar projects, emphasizing benefit-sharing with local communities. Key guidelines include setbacks for visual impact mitigation, hypothetical dwelling assessments, and direct benefits for regions,…
Author: PPD Team Date: 28/10/2024 Larsen & Toubro (L&T) has secured a ‘significant’ contract, estimated between Rs 10 billion and Rs 25 billion, to implement advanced welding technologies for the ITER Organisation’s nuclear fusion project, the world’s largest, located in Cadarache, Southern France. L&T will focus on critical technologies for assembling ports and complex components within the ITER Tokamak’s vacuum vessel. ITER, the International Thermonuclear Experimental Reactor, is a large-scale scientific collaboration aiming to make…
Author: PPD Team Date: 15/01/2025 ENGIE has announced an expansion of its wind farm in Ras Ghareb, Egypt, increasing its capacity from 500 MW to 650 MW. Developed by the Red Sea Wind Energy Consortium—comprising ENGIE, Orascom Construction, Toyota Tsusho, and Eurus Energy—the project is the largest wind farm in Africa. The expansion includes a new 25-year revenue agreement with the Egyptian Electricity Transmission Company. The wind farm supports Egypt’s goal of achieving 42% renewable…
Author: PPD Team Date: 26/11/2024 NTPC Green Energy Limited (NGEL), a wholly owned subsidiary of NTPC, received an overall subscription of 2.4 times for its initial public offering (IPO) on the final day of bidding. The IPO offered 593 million equity shares at a price band of Rs 102-108 and received bids for 1.43 billion shares, based on stock exchange data. The subscription breakdown revealed that the qualified institutional buyer category was subscribed 3.32 times,…
Author: PPD Team Date: 28/01/2025 Indian Oil Corporation (IOCL) plans to acquire five to six GW of solar and wind power projects to expand its renewable energy portfolio. The company targets 31 GW of renewable energy capacity by 2031 through organic growth, joint ventures, and mergers and acquisitions. IOCL currently has a renewable energy capacity of 246.94 MW and established Terra Clean, a wholly owned subsidiary, in 2024 to drive clean energy operations. Terra Clean…
Author: PPD Team Date: 19/12/2024 Bhartiya Nabhikiya Vidyut Nigam Limited (BHAVINI) plans to begin commercial operations of the 500 MW Prototype Fast Breeder Reactor (PFBR) at the Madras Atomic Power Station in Kalpakkam, Tamil Nadu, by the end of 2025. The Kalpakkam facility currently has two operational 220 MW Pressurised Heavy-Water Reactors (Units 1 and 2), a 500 MW PFBR (Unit 3) under construction, and two planned 600 MW Fast Breeder Reactors (Units 4 and…
Author: PPD Team Date: 14/11/2024 The New South Wales (NSW) government in Australia has introduced the Renewable Energy Planning Framework to streamline planning for renewable projects, ensuring investment stability and supporting regional economic growth. Aligned with NSW’s Electricity Infrastructure Roadmap and emissions targets, the framework promotes transparent assessments of wind, transmission, and solar projects, emphasizing benefit-sharing with local communities. Key guidelines include setbacks for visual impact mitigation, hypothetical dwelling assessments, and direct benefits for regions,…
Author: PPD Team Date: 28/10/2024 Larsen & Toubro (L&T) has secured a ‘significant’ contract, estimated between Rs 10 billion and Rs 25 billion, to implement advanced welding technologies for the ITER Organisation’s nuclear fusion project, the world’s largest, located in Cadarache, Southern France. L&T will focus on critical technologies for assembling ports and complex components within the ITER Tokamak’s vacuum vessel. ITER, the International Thermonuclear Experimental Reactor, is a large-scale scientific collaboration aiming to make…
Author: PPD Team Date: 15/01/2025 ENGIE has announced an expansion of its wind farm in Ras Ghareb, Egypt, increasing its capacity from 500 MW to 650 MW. Developed by the Red Sea Wind Energy Consortium—comprising ENGIE, Orascom Construction, Toyota Tsusho, and Eurus Energy—the project is the largest wind farm in Africa. The expansion includes a new 25-year revenue agreement with the Egyptian Electricity Transmission Company. The wind farm supports Egypt’s goal of achieving 42% renewable…