Author: PPD Team Date: 30/12/2024
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CCEA approves Rs 36.89 billion for two hydropower projects in Arunachal Pradesh
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Coal Ministry launches 11th round and 10th round rebid of coal mine auctions
Author: PPD Team Date: 04/02/2025 The Ministry of Coal’s Nominated Authority has opened bids for the 11th round of commercial coal mine auctions, with strong participation from industry players. Out of 27 mines offered, bids were submitted for 20, with a total of 70 online and 72 physical bids. The transparent auction process saw the electronic decryption of online bids and the physical opening of sealed offline documents, ensuring full transparency. In the 11th round,…
CCEA approves Rs 36.89 billion for two hydropower projects in Arunachal Pradesh
Author: PPD Team Date: 26/11/2024 The Cabinet Committee on Economic Affairs (CCEA) has approved an investment of Rs 36.89 billion for two hydropower projects in Arunachal Pradesh to enhance the region’s power supply and support the national grid. The 186 MW Tato-I Hydro Electric Project and the 240 MW Heo Hydro Electric Project will be developed through joint ventures between the North Eastern Electric Power Corporation (NEEPCO) and the Arunachal Pradesh government. The Tato-I project…
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Author: PPD Team Date: 25/11/2024 The Australian Capital Territory (ACT) government and Eku Energy have commenced construction of the Williamsdale Battery Energy Storage System (BESS), a 250 MW/500 MWh project under the ACT Government’s Big Canberra Battery initiative. Scheduled to begin operations in 2026, the BESS will store enough renewable energy to power one-third of Canberra for two hours during peak demand, playing a pivotal role in achieving the ACT’s net-zero emissions target by 2045….
Apollo Green to form subsidiary; invest Rs 5 billion
Author: PPD Team Date: 07/03/2025 Apollo Green Energy Limited (AGEL) is set to develop 1,000 MW of renewable energy (RE) projects across India by 2028. The company will invest Rs 5 billion through its newly formed subsidiary, AGEL Renewable Energy Limited, which will focus on utility-scale solar power projects integrated with energy storage systems (ESS), including hydrogen-based solutions. The subsidiary will actively participate in large-scale government tenders and establish power purchase agreements (PPAs) with utilities…
NTPC commissions 245 MW at Nokh Ultra Mega Solar Park in Rajasthan
Author: PPD Team Date: 28/03/2025 NTPC Limited has commissioned 245 MW of solar power as part of the 735 MW Nokh Ultra Mega Solar Park Project in Jaisalmer, Rajasthan. The project became commercially operational from midnight on March 26, 2025, following successful commissioning and regulatory approvals. The Nokh Ultra Mega Solar Park, developed by NTPC under the engineering, procurement, and construction (EPC) model, will have a total capacity of 735 MW, divided into three units…
ACME Solar secures Rs 19.88 billion financing from PFC
Author: PPD Team Date: 26/12/2024 ACME Solar has secured Rs 19.88 billion in term finance from Power Finance Corporation Ltd (PFC) for the development of a 300-MW wind-solar hybrid renewable energy project. ACME Renewtech Pvt Ltd, a subsidiary of ACME Solar Holdings Ltd, will utilize Rs 1.99 billion in financing for the project’s construction. The solar capacity will be developed in Bikaner, Rajasthan, while wind sites will be in Bhuj, Gujarat. The project already has…
Coal Ministry launches 11th round and 10th round rebid of coal mine auctions
Author: PPD Team Date: 04/02/2025 The Ministry of Coal’s Nominated Authority has opened bids for the 11th round of commercial coal mine auctions, with strong participation from industry players. Out of 27 mines offered, bids were submitted for 20, with a total of 70 online and 72 physical bids. The transparent auction process saw the electronic decryption of online bids and the physical opening of sealed offline documents, ensuring full transparency. In the 11th round,…
CCEA approves Rs 36.89 billion for two hydropower projects in Arunachal Pradesh
Author: PPD Team Date: 26/11/2024 The Cabinet Committee on Economic Affairs (CCEA) has approved an investment of Rs 36.89 billion for two hydropower projects in Arunachal Pradesh to enhance the region’s power supply and support the national grid. The 186 MW Tato-I Hydro Electric Project and the 240 MW Heo Hydro Electric Project will be developed through joint ventures between the North Eastern Electric Power Corporation (NEEPCO) and the Arunachal Pradesh government. The Tato-I project…