Author: PPD Team Date: 14/11/2024
NHPC has announced that all four units of the Parbati-II Hydroelectric Project (800 MW) in Himachal Pradesh are expected to be operational by March 2025.
This run-of-the-river project is designed to harness the hydro potential of the lower reaches of the Parbati River. With a cost estimate of Rs 39.2 billion, it will feature four Pelton turbines, each with a 200 MW capacity, supplied by Bharat Heavy Electricals.
Author: PPD Team Date: 24/12/2024 The Low Carbon Contracts Company (LCCC) has signed three hydrogen production contracts under Hydrogen Allocation Round 1 (HAR1), part of the UK government’s Hydrogen Production Business Model. These initial agreements include the Cromarty, Whitelee, and West Wales projects, with a combined capacity of 31.8 megawatts (MW). The Hydrogen Production Business Model offers long-term revenue support to hydrogen producers, reducing investment risks and fostering the hydrogen economy. It builds on the…
Author: PPD Team Date: 04/12/2024 EQT Active Core Infrastructure Fund and GIC have announced an agreement to acquire a majority stake in Calisen Group, a UK-based smart metering company, from Global Infrastructure Partners, BlackRock, Goldman Sachs Alternatives, and Mubadala Investment Company. Equitix will retain a minority stake. The transaction is subject to regulatory approvals. Headquartered in Manchester, Calisen owns, installs, reads, and maintains smart meters, with an installed base of 16 million units. The company…
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 structure and take advantage of favourable market conditions. The bond issuance is a key step in enhancing IREDA’s Tier-I capital, ensuring a stronger financial foundation to support India’s growing green energy infrastructure. Alongside this, IREDA has received…
Author: PPD Team Date: 27/03/2025 Kalpataru Projects International Limited (KPIL) and its international subsidiaries have secured new orders worth Rs 23.66 billion. The contracts include transmission and distribution (T&D) projects in India and overseas, along with a building and factory (B&F) project in India. KPIL’s Managing Director & CEO, Manish Mohnot, highlighted the significance of winning prestigious orders in the high-voltage direct current (HVDC) segment within the T&D business in India. He emphasized that the…
Author: PPD Team Date: 08/01/2025 The Competition Commission of India has approved Gentari Renewables India’s acquisition of 21 special purpose vehicles (SPVs) and holding companies engaged in solar and wind power generation and sales. Gentari Renewables India, a subsidiary of Petroliam Nasional Berhad (Petronas), is focused on providing clean energy solutions, including renewable energy, hydrogen, and green mobility. In December 2024, Gentari signed a power purchase agreement with AM Green Ammonia India to supply 650…
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 Limited (AGE25L), a wholly-owned subsidiary of AGEL, commissioned 250 MW of solar capacity at Badi Sid and Kalyan Ki Sid villages in Fatehgarh, Jaisalmer, Rajasthan. This project is part of the 8,000 MW Inter-State Transmission System (ISTS)…
Author: PPD Team Date: 24/12/2024 The Low Carbon Contracts Company (LCCC) has signed three hydrogen production contracts under Hydrogen Allocation Round 1 (HAR1), part of the UK government’s Hydrogen Production Business Model. These initial agreements include the Cromarty, Whitelee, and West Wales projects, with a combined capacity of 31.8 megawatts (MW). The Hydrogen Production Business Model offers long-term revenue support to hydrogen producers, reducing investment risks and fostering the hydrogen economy. It builds on the…
Author: PPD Team Date: 04/12/2024 EQT Active Core Infrastructure Fund and GIC have announced an agreement to acquire a majority stake in Calisen Group, a UK-based smart metering company, from Global Infrastructure Partners, BlackRock, Goldman Sachs Alternatives, and Mubadala Investment Company. Equitix will retain a minority stake. The transaction is subject to regulatory approvals. Headquartered in Manchester, Calisen owns, installs, reads, and maintains smart meters, with an installed base of 16 million units. The company…
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 structure and take advantage of favourable market conditions. The bond issuance is a key step in enhancing IREDA’s Tier-I capital, ensuring a stronger financial foundation to support India’s growing green energy infrastructure. Alongside this, IREDA has received…
Author: PPD Team Date: 27/03/2025 Kalpataru Projects International Limited (KPIL) and its international subsidiaries have secured new orders worth Rs 23.66 billion. The contracts include transmission and distribution (T&D) projects in India and overseas, along with a building and factory (B&F) project in India. KPIL’s Managing Director & CEO, Manish Mohnot, highlighted the significance of winning prestigious orders in the high-voltage direct current (HVDC) segment within the T&D business in India. He emphasized that the…
Author: PPD Team Date: 08/01/2025 The Competition Commission of India has approved Gentari Renewables India’s acquisition of 21 special purpose vehicles (SPVs) and holding companies engaged in solar and wind power generation and sales. Gentari Renewables India, a subsidiary of Petroliam Nasional Berhad (Petronas), is focused on providing clean energy solutions, including renewable energy, hydrogen, and green mobility. In December 2024, Gentari signed a power purchase agreement with AM Green Ammonia India to supply 650…
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 Limited (AGE25L), a wholly-owned subsidiary of AGEL, commissioned 250 MW of solar capacity at Badi Sid and Kalyan Ki Sid villages in Fatehgarh, Jaisalmer, Rajasthan. This project is part of the 8,000 MW Inter-State Transmission System (ISTS)…
Author: PPD Team Date: 24/12/2024 The Low Carbon Contracts Company (LCCC) has signed three hydrogen production contracts under Hydrogen Allocation Round 1 (HAR1), part of the UK government’s Hydrogen Production Business Model. These initial agreements include the Cromarty, Whitelee, and West Wales projects, with a combined capacity of 31.8 megawatts (MW). The Hydrogen Production Business Model offers long-term revenue support to hydrogen producers, reducing investment risks and fostering the hydrogen economy. It builds on the…
Author: PPD Team Date: 04/12/2024 EQT Active Core Infrastructure Fund and GIC have announced an agreement to acquire a majority stake in Calisen Group, a UK-based smart metering company, from Global Infrastructure Partners, BlackRock, Goldman Sachs Alternatives, and Mubadala Investment Company. Equitix will retain a minority stake. The transaction is subject to regulatory approvals. Headquartered in Manchester, Calisen owns, installs, reads, and maintains smart meters, with an installed base of 16 million units. The company…