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: 12/12/2024 RWE and TotalEnergies have chosen the port of Eemshaven in the Dutch North Sea as the assembly and construction base for their joint offshore wind project, OranjeWind. Located in the northern Groningen province, Eemshaven will serve as the hub for turbine assembly and construction activities in collaboration with Buss Terminal Eemshaven. Construction at the offshore site is set to begin in early 2026, with turbine components and inter-array cabling to…
Author: PPD Team Date: 21/11/2024 India’s first 800-MW advanced ultra-supercritical (AUSC) thermal power plant will be established in Korba, Chhattisgarh. The project is a collaboration between NTPC and BHEL, with support from the Indira Gandhi Centre for Atomic Research. In July 2024, Finance Minister Nirmala Sitharaman announced the joint effort by NTPC and BHEL to develop this innovative thermal power plant. The technology, indigenously developed through joint research and development, will be deployed in a…
Author: PPD Team Date: 14/01/2025 GE Vernova’s Onshore Wind division has secured an order to supply 14 4.2 MW-117m turbines for the Iwaya and Shitsukari wind farms in Aomori, Japan. Developed by Eurus, the projects are expected to begin commercial operations by 2028. This order, secured in the fourth quarter of 2024, is part of GE Vernova’s continued efforts to support Japan’s renewable energy goals. This is the fourth major order for GE Vernova in…
Author: PPD Team Date: 21/05/2025 HR Godavari Private Limited, the special purpose vehicle (SPV) of Hinduja Renewables Energy Private Limited, has signed two power purchase agreements (PPAs) with Lloyd Metals and Energy Limited. These PPAs cover the supply of 60.7 MW (86.05 MWp) of solar power under a captive model. The agreements include one PPA for 10.7 MW (16.05 MWp) and another for 50 MW (70 MWp) of solar capacity. Both projects will be developed…
Author: PPD Team Date: 20/01/2025 The Central Electricity Regulatory Commission (CERC) has granted an interstate trading licence to REC Power Development & Consultancy Ltd (RECPDCL), a wholly-owned subsidiary of REC Ltd. The “Category I” licence allows RECPDCL to engage in interstate electricity trading across India for 25 years. This follows the public notice issued in December 2024, which received no objections, allowing CERC to finalize the licence. RECPDCL is also seeking to become a Project…
Author: PPD Team Date: 30/10/2024 ARYA, a subsidiary of GPS Renewables, has raised Rs 1 billion in mezzanine financing as part of a Rs 2 billion funding round aimed at establishing compressed biogas (CBG) projects in collaboration with Indian Oil Corporation Limited (IOCL) and Bharat Petroleum Corporation Limited (BPCL). The financing was provided by InCred Opportunities Fund and Spark Capital, supporting ARYA’s mission to advance biofuel production and contribute to India’s net zero objectives. In…