Author: PPD Team Date: 11/11/2024 India’s transition to renewable energy is encountering significant obstacles, according to a new report by Zero Carbon Analytics, as the country strives to meet its ambitious target of 500 GW of non-fossil fuel...

Author: PPD Team Date: 11/11/2024 The Energy and Resources Institute (TERI) has unveiled a policy brief, Green Hydrogen – Path to Decarbonization, thoroughly analysing India’s green hydrogen initiatives.   India’s targets under the Green Hydrogen...

Author: PPD Team Date: 08/11/2024 Greenzo Energy, a comprehensive green hydrogen and renewable energy solutions provider, has won an engineering, procurement, and construction (EPC) contract for a 120 MW ground-mounted solar project in Nepal.  Valued...

Author: PPD Team Date: 08/11/2024 Union Minister of Power and Housing & Urban Affairs, Manohar Lal, held a meeting in Shimla to review Himachal Pradesh’s urban development initiatives and power sector advancements.  Chief Minister Sukhvinder...

Author: PPD Team Date: 08/11/2024 Nomura has projected robust growth for India’s power sector, forecasting a compound annual growth rate (CAGR) of over 7% in electricity demand from FY24 to FY27.  This surge is fueled by rising economic...

Author: PPD Team Date: 08/11/2024 The Directorate General of Trade Remedies (DGTR) has proposed an anti-dumping duty on imports of textured tempered glass (TTG), commonly used in solar panels, from China and Vietnam.  This duty, recommended at the...

Author: PPD Team Date: 08/11/2024 ACME Solar Holdings and Hexa Climate Solutions have secured contracts for 400 MW and 300 MW firm and dispatchable renewable energy (FDRE) projects, respectively, as part of a 760 MW bid invited by NTPC.  Industry...

Author: PPD Team Date: 08/11/2024 The Solar Energy Corporation of India (SECI) has barred Reliance Power (R-Power) and its subsidiaries from participating in its tenders for three years, following the submission of a fake document by R-Power for a...

Author: PPD Team Date: 08/11/2024 Three developers—Power Grid Corporation of India Ltd (PGCIL), Sterlite Power, and Adani Energy Solutions Ltd (AESL)—have pre-qualified to open initial price bids for a key ISTS-TBCB project for renewable energy...

Author: PPD Team Date: 08/11/2024 Power Grid Corporation of India Ltd (PGCIL) has finalized the acquisition of two interstate transmission system (ISTS) projects awarded through a tariff-based competitive bidding process.  These projects were...

Author: PPD Team Date: 08/11/2024 Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL) has issued a tender to establish a 500 MW/1,000 MWh battery energy storage system (BESS) with an additional greenshoe option of 500 MW/1,000 MWh. The deadline for...

Author: PPD Team Date: 08/11/2024 Dakshin Haryana Bijli Vitran Nigam (DHBVN) has issued a tender for 26.75 MW of decentralised, ground-mounted, grid-connected solar projects under Component A of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan...

Author: PPD Team Date: 08/11/2024 REC Power Development and Consultancy Limited (RECPDCL) has established Lakadia B Power Transmission Limited, a special purpose vehicle (SPV) aimed at augmenting the transformation capacity of the 765/400 kV Lakadia...

Author: PPD Team Date: 08/11/2024 Inox Wind Limited has announced a net profit of Rs 902.2 million for the quarter ending September 2024, contrasting with a loss of Rs 292.3 million in the same quarter last year.  Total income rose significantly...

Author: PPD Team Date: 08/11/2024 Tata Power has committed Rs 5.5 billion towards establishing solar and wind power capacities to supply clean energy to Noida International Airport (NIA) in Uttar Pradesh.  The company has signed two power purchase...

Author: PPD Team Date: 08/11/2024 Paradeep Transmission, a wholly-owned subsidiary of PFC Consulting created to develop the Eastern Region Expansion Scheme-XXXIV (ERES XXXIV), has been transferred to Tata Power Company.  The sale and transfer process...

Author: PPD Team Date: 07/11/2024 Indian Oil Corporation Limited (IOCL) has joined hands with Tirumala Tirupati Devasthanams (TTD) to build a 40 tonnes-per-day biogas plant in Tirumala, aiming to promote sustainable energy and effective waste...

Author: PPD Team Date: 07/11/2024 Rosa Power Supply Company, a subsidiary of Reliance Power, has achieved zero-debt status after prepaying Rs 13.18 billion to Singapore-based lender Varde Partners.  The company initially paid Rs 8.33 billion in...

Author: PPD Team Date: 07/11/2024 India’s energy storage capacity is projected to increase 12-fold to 60 GW by FY 2032, as outlined in a new SBICAPS report. This expansion is anticipated to outpace the growth in renewable energy (RE) sources, as RE...

Author: PPD Team Date: 07/11/2024 Serentica Renewables has announced plans to develop renewable energy projects with a combined capacity of 10 GW in Andhra Pradesh, supporting both India’s clean energy goals and the state’s green vision.  This...