Author: PPD Team Date: December 20, 2024
NTPC Green Energy has announced the commencement of operations for its wholly-owned subsidiary, NTPC Renewable Energy’s 150 MW Gujarat solar PV project in Mesanka, Gujarat.
On December 18, 2024, the Gujarat Energy Development Agency issued a certificate confirming the commercial operation of the second part capacity of 30 MW, effective from December 11, 2024.
Author: PPD Team Date: November 4, 2024 UK-based asset manager Intermediate Capital Group (ICG) has partnered with South Korean energy firm ST International (STI) to acquire a 50% stake in Revent Energy, with STI retaining the other half. This collaboration aims to strengthen Revent Energy’s onshore wind development strategy in South Korea, targeting 500 MW of installed capacity by 2029 through project acquisition, construction, ownership, and operation. Revent Energy currently holds stakes in two wind…
Author: PPD Team Date: December 3, 2024 An analysis based on a Lok Sabha reply has revealed that Uttar Pradesh, Maharashtra, and Tamil Nadu are the top three states with the highest project cost sanctioned under the Revamped Distribution Sector Scheme (RDSS). Uttar Pradesh leads with Rs 405.68 billion worth of projects sanctioned, followed by Maharashtra with Rs 324.24 billion and Tamil Nadu with Rs 288.03 billion. The top ten states collectively account for nearly…
Author: PPD Team Date: August 6, 2025 The International Energy Agency (IEA) has reported that the cost of capital for clean energy projects in emerging markets and developing economies (EMDEs) remains at least twice as high as in advanced economies. This disparity continues to limit energy investment flows to these regions. In its third update, the IEA’s Cost of Capital Observatory expanded its scope to include hydroelectric power and Southeast Asia. Despite global energy investment…
Author: PPD Team Date: May 30, 2025 The Ministry of New and Renewable Energy (MNRE) has called for Indian proposals under the EU-India Trade and Technology Council (TTC) for joint projects on Waste to Renewable Hydrogen Innovation. This initiative is part of Horizon Europe’s call HORIZON-CL5-2025-04-D2-13, launched under the EU-India Trade and Technology Council (TTC) Working Group 2. The programme aims to support the development of renewable hydrogen from biogenic waste, such as agricultural residues,…
Author: PPD Team Date: September 5, 2025 NTPC has officially ceased operations at the Tanda Thermal Power Station, Stage-I, which included four units of 110 MW each, effective 1 September 2025. The closure of these units reduces the operational footprint of the Tanda facility. Following this, NTPC’s total installed and commercial capacity stands at 82,926 MW. The Tanda Thermal Power Station is located in Ambedkar Nagar district, Uttar Pradesh, and operates on coal sourced from…
Author: PPD Team Date: July 31, 2025 KEC International Ltd has announced new order wins totalling Rs 1,509 crore across its transmission, transport, and cable businesses, according to a company press release. In its Transmission and Distribution (T&D) segment, the company has secured contracts for 400 kV Quad transmission lines in India and 500/400/220 kV overhead lines in overseas markets. It also received supply orders for towers, hardware, and poles from clients in the Americas…