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CEA recommends higher-capacity OPGW to support broadband expansion

Author: PPD Team Date: 03/12/2024 The Central Electricity Authority (CEA) has advised the adoption of higher-capacity optical ground wire (OPGW) in upcoming power transmission projects to facilitate telecom service providers.  The recommendation...

O2 Power signs renewable energy PPA with East Central Railway

Author: PPD Team Date: 03/12/2024 O2 Power Private Limited has signed a Power Purchase Agreement (PPA) with East Central Railways (ECR) for the supply of 100 MW Round-The-Clock (RTC) Renewable Energy (RE) power in India. In January 2024, O2 Power won...

Odisha Approves Rs 92 Billion Investment in Solar Manufacturing Facilities

Author: PPD Team Date: 03/12/2024 The Odisha government has approved proposals from Grew Energy, Saatvik Solar, Jakson Engineers, and Jupiter Renewables to establish solar cell and module manufacturing facilities, totalling an investment of over Rs...

KPI Green secures Rs 13.11 billion solar project at Khavda Solar Park

Author: PPD Team Date: 03/12/2024 KPI Green Energy Limited has won Coal India Limited’s auction to develop a 300 MW grid-connected ground-mounted solar project at Khavda Solar Park in Gujarat.  The contract, valued at Rs 13.11 billion, includes the...

GUVNL concludes 500 MW BESS and 200 MW wind power auctions

Author: PPD Team Date: 03/12/2024 Gujarat Urja Vikas Nigam Limited (GUVNL) has announced the results of its 500 MW/1,000 MWh standalone battery energy storage systems (BESS) auction under Phase IV.  H.G Infra Engineering secured 250 MW at Rs...

PFC Consulting forms SPV for 3 GW renewable power transmission in Gujarat

Author: PPD Team Date: 03/12/2024 PFC Consulting Limited (PFCCL), a subsidiary of Power Finance Corporation (PFC), has incorporated a special purpose vehicle (SPV) named Raghanesda RE Transmission Limited.  The SPV will oversee the development of the...

PFCCL forms SPV Kurnool-III PS RE Transmission

Author: PPD Team Date: 03/12/2024 PFC Consulting Limited (PFCCL), a subsidiary of Power Finance Corporation (PFC), has incorporated a special purpose vehicle (SPV), Kurnool-III PS RE Transmission, for the Transmission system strengthening at...

India targets 777 GW power capacity by 2030 with focus on thermal and hydro

Author: PPD Team Date: 03/12/2024 Union Minister of State for Power, Shripad Naik, informed Parliament that India is actively expanding its power generation and transmission capacity to meet growing energy demands.  Currently, 29,200 MW of thermal...

Sterling Tools partners with Meishuo Electric for latching relays production

Author: PPD Team Date: 03/12/2024 Sterling Tools has formed a partnership with Zhejiang Meishuo Electric Technology to manufacture latching relays in India, aiming for Rs 2 billion in revenue by FY2030.  A new facility will be established in...

BPCL and CIL collaborate on coal-to-SNG project in Maharashtra

Author: PPD Team Date: 03/12/2024 Bharat Petroleum Corporation Limited (BPCL) and Coal India Limited (CIL) signed a non-binding memorandum of understanding (MoU) on December 2, 2024, in Mumbai.  The collaboration aims to explore the development of a...

Advait Energy selected for 50 MW battery storage project in Gujarat

Author: PPD Team Date: 03/12/2024 Advait Energy Transitions, formerly known as Advait Infratech, has been declared a qualified bidder by Gujarat Urja Vikas Nigam Ltd (GUVNL) for a 50 MW/500 MWh standalone battery energy storage system in Gujarat. ...

Mahindra Susten establishes Steer Hybren for renewable energy projects

Author: PPD Team Date: 03/12/2024 Mahindra Susten Private Limited has incorporated a wholly owned subsidiary, Steer Hybren Private Limited, to implement renewable energy projects across India.  Established on November 29, 2024, in Mumbai, Steer...

Shimato Enterprises partners with Constronics Infra for 21 MW solar project in Tamil Nadu

Author: PPD Team Date: 03/12/2024 Shimato Enterprises Private Limited signed a term sheet agreement with Constronics Infra Limited for the development of a 21 MW solar power project in Virudhunagar, Tamil Nadu on November 29, 2024.  As per the...

Sterling and Wilson secures Rs 5.04 billion solar project in Rajasthan

Author: PPD Team Date: 03/12/2024 Sterling and Wilson Renewable Energy Ltd (SWREL) has secured a Rs 5.04 billion contract to develop a solar photovoltaic (PV) plant in Rajasthan.  The project, awarded by an independent power producer, involves the...

NTPC to expand capacity to 130 GW by 2032

Author: PPD Team Date: 03/12/2024 NTPC aims to increase its installed capacity from 76 GW to 130 GW by 2032, presenting significant growth prospects for micro, small, and medium enterprises (MSMEs).  The company’s procurement value is expected to...

Supreme Court panel clears five hydro projects on Ganga

Author: PPD Team Date: 03/12/2024 A Supreme Court-appointed panel has backed the development of five hydroelectric projects (HEPs) in Uttarakhand, despite opposition from the Ministry of Environment and Forest (MoEF) and the Jal Shakti Ministry...

Sunshine Capital announces solar energy finance products

Author: PPD Team Date: 03/12/2024 Sunshine Capital Limited has announced the launch of financial products to support solar energy adoption.  The Board of Directors approved the plan during a meeting held on December 3, 2024. The new solar energy...

Tata Power Renewables commissions 431 MW DC solar project in Neemuch

Author: PPD Team Date: 03/12/2024 Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power, has commissioned a 431 MW DC solar project in Neemuch, Madhya Pradesh.  Spanning 1,635.63 acres, the project was secured through a competitive...

IEX reports 16% YoY growth in electricity trading for November 2024

Author: PPD Team Date: 03/12/2024 The Indian Energy Exchange (IEX) recorded a 16% year-on-year increase in electricity traded volume, reaching 9,689 MU in November 2024. This growth was supported by increased market participation and competitive...

Hero Future to invest Rs 110 billion in Karnataka

Author: PPD Team Date: 02/12/2024 Hero Future Energies Private Limited (HFEPL) has signed a Memorandum of Understanding (MoU) with the Government of Karnataka to invest Rs 110 billion in renewable energy and green hydrogen projects.  The investment...

Recent Posts

Power Sector News Roundup for May 2, 2025

Author: PPD Team Date: 03/05/2025 Global: Ireland launches National Offshore Renewable Energy Plan...

Reliance signs PPA with SECI for 930 MW solar and BESS project

Author: PPD Team Date: 02/05/2025 Reliance NU Suntech Private Limited, a wholly-owned subsidiary of...

Kirloskar Solar wins Rs 483.85 million rooftop solar project from NVVN

Author: PPD Team Date: 02/05/2025 Kirloskar Solar Technologies Private Limited has received a Letter...

Ireland launches National Offshore Renewable Energy Plan

Author: PPD Team Date: 02/05/2025 Ireland’s Ministery for Climate, Environment, and Energy has...

IRCON commissions 75 MW solar under CPSU Tranche-III

Author: PPD Team Date: 02/05/2025 IRCON Renewable Power Limited (IRPL) has commissioned 75 MW solar...

Senvion and Inox Neo secure wind power orders in Gujarat

Author: PPD Team Date: 02/05/2025 Senvion India has won a contract from KP Energy Limited to supply...

NTPC and Zelestra commission 175 MW solar capacity in Rajasthan

Author: PPD Team Date: 02/05/2025 NTPC Green Energy Limited has commissioned 75 MW of solar power...

Cygni Energy opens 4.8 GWh BESS gigafactory in Hyderabad

Author: PPD Team Date: 02/05/2025 Cygni Energy has inaugurated a fully automated battery energy...

India extends imported coal-based plant operation mandate till June 30

Author: PPD Team Date: 02/05/2025 The Indian government has extended its directive requiring...

GAIL and VOC Port invite EPC bids for wind power projects

Author: PPD Team Date: 02/05/2025 GAIL (India) Limited has re-invited bids for the engineering...