Author: PPD Team Date: 26/03/2025 BluPine Energy has secured Rs 17.87 billion in structured financing from the National Bank for Financing Infrastructure and Development (NaBFID). The funds will be used to optimize financial structuring and support...
Author: PPD Team Date: 26/03/2025 PFC Consulting Limited (PFCCL) has invited Request for Proposal (RfP) bids for the selection of a transmission service provider (TSP) through a tariff-based competitive bidding (TBCB) process. The project...
Author: PPD Team Date: 26/03/2025 The Ministry of Power has updated its guidelines for compensation related to the right of way (RoW) for transmission lines. The aim is to bring uniformity, streamline procedures, and ensure timely resolution of land...
Author: PPD Team Date: 26/03/2025 Jindal India Renewable Energy (JIRE), a subsidiary of Jindal Power Limited (JPL), has received a Letter of Acceptance (LoA) for 300 MW of solar plus storage capacity at a tariff of Rs 3.09 per kWh. The award falls...
Author: PPD Team Date: 26/03/2025 The Government of Jammu & Kashmir (GoJK) has planned a 10 MW solar power plant (SPP) at the decommissioned land of Pampore Gas Turbine (GT-Pampore). Jammu & Kashmir State Power Development Corporation Limited...
Author: PPD Team Date: 26/03/2025 Power Mech Projects Limited has won a Rs 5,790 million contract for civil, structural, and architectural works at the 2×800 MW Koderma Thermal Power Expansion Project. The contract, awarded by Bharat Heavy...
Author: PPD Team Date: 26/03/2025 Power Grid Corporation of India Limited (PGCIL) has acquired two special purpose vehicles (SPVs) to implement key transmission projects in Karnataka and Rajasthan. The two SPVs are: Chitradurga Bellary REZ...
Author: PPD Team Date: 26/03/2025 L&T Energy Green Tech Limited (LTEGL), a subsidiary of Larsen & Toubro (L&T), has signed a Memorandum of Understanding (MoU) with Belgium-based John Cockerill Energy. The agreement, signed on March 24...
Author: PPD Team Date: 25/03/2025 Avaada Group, through its subsidiary Avaada Energy, has secured long-term power purchase agreements (PPAs) for 14,000 MW of renewable energy projects. The company has already commissioned 5,200 MW of renewable...
Author: PPD Team Date: 25/03/2025 Hero MotoCorp Limited has announced an investment of Rs 5.25 billion in Euler Motors to enter the electric three-wheeler market. The investment will be made in multiple tranches, allowing Hero MotoCorp to acquire a...
Author: PPD Team Date: 25/03/2025 The Solar Energy Corporation of India (SECI) has announced the results of its auction under the Strategic Interventions for Green Hydrogen Transition (SIGHT) programme (Mode-1, Tranche-II) to select producers for...
Author: PPD Team Date: 25/03/2025 Ayana Renewable Power Private Limited has approved a plan to raise Rs 1.5 billion through the issuance of 1,500 non-convertible debentures at an issue price of Rs 1 million each. The debentures will be subscribed by...
Author: PPD Team Date: 25/03/2025 Adani Green Energy Limited (AGEL) has expanded its renewable energy portfolio by commissioning 500 MW of solar power capacity in Rajasthan through its subsidiaries. On March 23, 2025, Adani Green Energy Twenty Five...
Author: PPD Team Date: 25/03/2025 Power Grid Corporation of India Limited (PGCIL) has invited bids for Package-I of the undersea power cable package (CA-01) for the 220 kV undersea export power cable and underground land cable. This package is part...
Author: PPD Team Date: 24/03/2025 The Ministry of Power (MoP) has directed all states and implementing agencies to finalise the awarding of battery energy storage system (BESS) contracts by June 2025. This move aims to ensure the completion of the...
Author: PPD Team Date: 24/03/2025 Bharat Coking Coal Limited (BCCL), a subsidiary of Coal India Limited (CIL), has leased out the Dugda Coal Washery in Bokaro, Jharkhand, marking India’s first coal washery monetisation. With a capacity of 2 million...
Author: PPD Team Date: 24/03/2025 Bharat Heavy Electricals Limited (BHEL) has secured a major contract from Gujarat State Electricity Corporation Limited (GSECL) for the expansion of the Ukai thermal power station in Tapi district, Gujarat. The...
Author: PPD Team Date: 24/03/2025 The Indian Renewable Energy Development Agency (IREDA) has launched its first-ever perpetual bonds, raising Rs 12.47 billion at an annual coupon rate of 8.40 per cent. This move aims to optimize its capital...
Author: PPD Team Date: 24/03/2025 Zelestra Energy (formerly Solarpack Corporación Tecnológica S.L) has signed a 25-year power purchase agreement (PPA) with SJVN Limited for setting up a 140 MW Firm and Dispatchable Renewable Energy (FDRE) power...
Author: PPD Team Date: 24/03/2025 NHPC Limited has awarded bids to four firms for developing 2,170 MW of Inter-State Transmission System (ISTS)-connected solar power projects across India under Tranche-IX. The projects will be developed on a build...