Author: PPD Team Date: 16/01/2025
NHPC Limited has secured approval from the Ministry of Corporate Affairs (MCA) for the merger of Lanco Teesta Hydro Power with NHPC.
The company also received a second insurance payment of Rs 2.50 billion related to business interruption losses from the October 2023 flash flood at the 510 MW Teesta-V Power Station.
NHPC, India’s largest hydropower developer, continues to expand into solar and wind energy.
Author: PPD Team Date: 06/11/2024 A consortium of Westinghouse Electric Company and South Korea’s Hyundai Engineering & Construction has secured an engineering services contract with Bulgaria’s Kozloduy NPP-Newbuild. This contract advances the project beyond the front-end engineering and design phase towards the construction of two AP1000 nuclear reactors at the Kozloduy site. The AP1000, a Generation III+ reactor known for its passive safety systems and modular design, will play a central role in Bulgaria’s energy…
Author: PPD Team Date: 05/12/2024 Greenzo Energy India (GEIL) will collaborate with France’s EODev to introduce hydrogen fuel cell power generators in India. Under the 20-year partnership, GEIL will distribute EODev’s zero-emission generators, provide maintenance services, and locally assemble EODev products. GEIL will also serve as an original equipment manufacturer (OEM) and strategic partner for EODev. The alliance will bring Toyota’s hydrogen fuel cell technology to South Asia. These generators convert hydrogen into electricity and…
Author: PPD Team Date: 21/10/2024 Switzerland-based Iskraemeco Group, after selling its smart meter manufacturing unit in India to Kaynes Technology India Ltd, has announced plans to set up a new software development centre in India. The centre will focus on electricity metering and data processing, reinforcing Iskraemeco’s ongoing presence in the country. The sale of Iskraemeco India aligns with the group’s strategy to emphasize digital energy and water management solutions using platforms like Symbiot Head-End…
Author: PPD Team Date: 21/11/2024 Octopus Energy Generation, in partnership with Skyborn Renewables, has been selected by the French government to participate in the ninth offshore wind tender. The winners are expected to be announced in late 2025. Skyborn Renewables brings over 20 years of offshore wind development experience, including the recent commissioning of the 500 MW Fécamp wind farm in partnership with EDF Renewables, Enbridge Inc., and Canada Pension Plan Investment Board (CPP Investments)….
Author: PPD Team Date: 27/11/2024 Insolation Green Energy Private Limited, a subsidiary of Insolation Energy Limited, has signed a memorandum of understanding (MoU) with the Rajasthan government during the Rising Rajasthan Global Investment Summit 2024. The agreement involves an investment of Rs 100 billion for solar power generation projects, manufacturing facilities for solar components, engineering, procurement, and construction (EPC) projects, and the development of solar parks in Rajasthan.
Author: PPD Team Date: 26/02/2025 Madhya Pradesh has signed multiple Memorandums of Understanding (MoUs) with key energy companies at the Global Investors Summit 2025, securing investments across renewable energy, pumped storage, and other infrastructure projects. These include: SECI: The Solar Energy Corporation of India Limited (SECI) signed an MoU with the state government to develop a 200 MW solar project in Dhar and a 1,000 MWh battery storage project. SECI has proposed a phase-wise investment…