Author: PPD Team Date: 27/09/2024
NTPC Green Energy Ltd (NGEL), a subsidiary of NTPC, has signed a joint venture agreement (JVA) with Mahatma Phule Renewable Energy and Infrastructure Technology (MAHAPREIT) to develop 10 GW of renewable energy (RE) projects in Maharashtra and other states.
The joint venture aims to establish renewable energy parks and projects, aligning with NTPC’s goal of achieving 60 GW of RE capacity by FY32.
Author: PPD Team Date: 03/02/2025 Damodar Valley Corporation (DVC) and Haryana Power Purchase Centre (HPPC) signed a 25-year Power Purchase Agreement (PPA) to supply 800 MW of power from 2028-29 through three thermal power projects (TPPs) in Haryana on January 29, 2025. The bifurcated quantity to be supplied from projects are – 300 MW from Raghunathpur Power Project Phase II: The project involves Phase II expansion of the Raghunathpur Thermal Power Plant in the state…
Author: PPD Team Date: 25/11/2024 Power Grid Corporation of India Limited (PGCIL) has commissioned the North Eastern Region Strengthening Scheme-XII (NERSS-XII) project, effective 2 November 2024. The notification for commercial operation was received on 23 November 2024. NERSS-XII is an interstate transmission scheme aimed at enhancing the power infrastructure in India’s North-East region. PGCIL developed the project for Rs 5.76 billion.
Author: PPD Team Date: 30/10/2024 Saboo Sodium Chloro (SSCL) has announced the expansion of its captive solar power plant at the Nawa refinery in Sambhar Lake, Rajasthan. With an additional 150 kW, the facility’s total solar capacity now reaches 650 kW. EKAM Green Ventures has been appointed as the EPC contractor, with the project expected to be operational within ten days. This expansion is anticipated to generate annual energy cost savings of approximately Rs 4…
Author: PPD Team Date: 04/02/2025 Solex Energy Limited has successfully commissioned an 800 MW high-speed solar module manufacturing line in Surat, Gujarat. The facility produces n-Type TOPCon rectangular cell-based Tapi-R series modules, with capacities ranging from 585 Wp to 625 Wp. This production line operates 30% faster than other Indian facilities, increasing output efficiency and reducing lead times. Equipped with Artificial Intelligence (AI) and Automated Optical Inspection (AOI), the facility ensures enhanced quality control with…
Author: PPD Team Date: 12/11/2024 The US Bureau of Ocean Energy Management (BOEM) has issued its final environmental impact statement (EIS) for the 2.4 GW SouthCoast Wind Project, which, if approved, could power approximately 800,000 homes. The SouthCoast Wind proposal includes up to 147 turbines, five offshore substations, and eight export cables, with landfall options at Brayton Point or Falmouth, Massachusetts. The project’s lease area covers about 127,388 acres, located 26 nm south of Martha’s…
Author: PPD Team Date: 02/01/2025 The Competition Commission of India (CCI) has approved the acquisition of certain shareholding in Fourth Partner Energy Private Limited (Target) by the International Finance Corporation (IFC), Asian Development Bank (ADB), and DEG – Deutsche Investitions – und Entwicklungsgesellschaft mbH (DEG). The proposed investment totals USD 275 million (approx. INR 22.96 billion), with each entity acquiring a percentage of Target’s share capital through primary subscription and secondary purchase. IFC, a World…
Author: PPD Team Date: 03/02/2025 Damodar Valley Corporation (DVC) and Haryana Power Purchase Centre (HPPC) signed a 25-year Power Purchase Agreement (PPA) to supply 800 MW of power from 2028-29 through three thermal power projects (TPPs) in Haryana on January 29, 2025. The bifurcated quantity to be supplied from projects are – 300 MW from Raghunathpur Power Project Phase II: The project involves Phase II expansion of the Raghunathpur Thermal Power Plant in the state…
Author: PPD Team Date: 25/11/2024 Power Grid Corporation of India Limited (PGCIL) has commissioned the North Eastern Region Strengthening Scheme-XII (NERSS-XII) project, effective 2 November 2024. The notification for commercial operation was received on 23 November 2024. NERSS-XII is an interstate transmission scheme aimed at enhancing the power infrastructure in India’s North-East region. PGCIL developed the project for Rs 5.76 billion.
Author: PPD Team Date: 30/10/2024 Saboo Sodium Chloro (SSCL) has announced the expansion of its captive solar power plant at the Nawa refinery in Sambhar Lake, Rajasthan. With an additional 150 kW, the facility’s total solar capacity now reaches 650 kW. EKAM Green Ventures has been appointed as the EPC contractor, with the project expected to be operational within ten days. This expansion is anticipated to generate annual energy cost savings of approximately Rs 4…
Author: PPD Team Date: 04/02/2025 Solex Energy Limited has successfully commissioned an 800 MW high-speed solar module manufacturing line in Surat, Gujarat. The facility produces n-Type TOPCon rectangular cell-based Tapi-R series modules, with capacities ranging from 585 Wp to 625 Wp. This production line operates 30% faster than other Indian facilities, increasing output efficiency and reducing lead times. Equipped with Artificial Intelligence (AI) and Automated Optical Inspection (AOI), the facility ensures enhanced quality control with…
Author: PPD Team Date: 12/11/2024 The US Bureau of Ocean Energy Management (BOEM) has issued its final environmental impact statement (EIS) for the 2.4 GW SouthCoast Wind Project, which, if approved, could power approximately 800,000 homes. The SouthCoast Wind proposal includes up to 147 turbines, five offshore substations, and eight export cables, with landfall options at Brayton Point or Falmouth, Massachusetts. The project’s lease area covers about 127,388 acres, located 26 nm south of Martha’s…
Author: PPD Team Date: 02/01/2025 The Competition Commission of India (CCI) has approved the acquisition of certain shareholding in Fourth Partner Energy Private Limited (Target) by the International Finance Corporation (IFC), Asian Development Bank (ADB), and DEG – Deutsche Investitions – und Entwicklungsgesellschaft mbH (DEG). The proposed investment totals USD 275 million (approx. INR 22.96 billion), with each entity acquiring a percentage of Target’s share capital through primary subscription and secondary purchase. IFC, a World…
Author: PPD Team Date: 03/02/2025 Damodar Valley Corporation (DVC) and Haryana Power Purchase Centre (HPPC) signed a 25-year Power Purchase Agreement (PPA) to supply 800 MW of power from 2028-29 through three thermal power projects (TPPs) in Haryana on January 29, 2025. The bifurcated quantity to be supplied from projects are – 300 MW from Raghunathpur Power Project Phase II: The project involves Phase II expansion of the Raghunathpur Thermal Power Plant in the state…
Author: PPD Team Date: 25/11/2024 Power Grid Corporation of India Limited (PGCIL) has commissioned the North Eastern Region Strengthening Scheme-XII (NERSS-XII) project, effective 2 November 2024. The notification for commercial operation was received on 23 November 2024. NERSS-XII is an interstate transmission scheme aimed at enhancing the power infrastructure in India’s North-East region. PGCIL developed the project for Rs 5.76 billion.