Author: PPD Team Date: 26/11/2024
NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited, has signed a Memorandum of Understanding (MoU) with Chhattisgarh State Power Generation Company Limited (CSPGCL) to develop renewable energy projects with a capacity of up to 2000 MW.
The projects will include floating solar power installations.
The MoU was signed on November 26, 2024, in Raipur by Shri G. K. Gupta, Chief Engineer of CSPGCL, and Shri D. Joshi, General Manager (Engineering) of NGEL.
Author: PPD Team Date: 29/10/2024 A consortium of Maharashtra’s state-owned MAHAGENCO and NTPC has emerged as the top bidder to acquire the 1,350 MW Sinnar Thermal Power plant near Nashik, with a bid of Rs 38 billion, surpassing Adani Power in the initial bidding round. The consortium could potentially leverage its existing 2,190 MW Koradi power plant near Nagpur to supply coal and operate the Sinnar facility. The plant, originally developed by Indiabulls Power and…
Author: PPD Team Date: 06/01/2025 The US Bureau of Ocean Energy Management (BOEM) has launched a process to consider offshore wind energy leasing off the coast of Guam, a US Pacific territory. A Call for Information and Nominations has been issued to gather public input and identify potential leasing areas. This initiative aligns with Guam’s renewable energy targets of 50% by 2035 and 100% by 2045, as well as the US administration’s goal of installing…
Author: PPD Team Date: 19/09/2024 Norwegian energy company Scatec has signed a power purchase agreement (PPA) with the Egyptian Electricity Transmission Company for a 1 GW solar and 100 MW/200 MWh battery storage project in Egypt. The 25-year, USD-denominated agreement marks Egypt’s first hybrid solar and battery energy storage system. Scatec will manage the engineering, procurement, and construction, along with asset management, operations, and maintenance services. The company aims to secure concessional financing and expects…
Author: PPD Team Date: 19/12/2024 On December 19, 2024, Gujarat Urja Vikas Nigam Limited (GUVNL) announced the winners of its 500 MW Solar Photovoltaic (PV) Power Projects under Phase XXV without energy storage systems (ESS). The successful bidders are: Drashta Green Power Limited: 10 MW at Rs 2.55 per kWh S.B.B. Mouldings Private Limited: 10 MW at Rs 2.55 per kWh Enertech Fuel Solutions Private Limited: 40 MW at Rs 2.55 per kWh Kintech Synergy…
Author: PPD Team Date: 28/11/2024 Uniper has entered into a six-year power purchase agreement (PPA) with Stegra to supply 6 terawatt hours (TWh) of electricity to Stegra’s plant in Boden, Northern Sweden, from 2027 to 2032. The agreement will power Stegra’s green hydrogen, iron, and steel production facilities, supporting an initial annual production target of 2.5 million tonnes of green steel. The Boden plant, currently under construction, is Europe’s first greenfield steel mill since 1974….
Author: PPD Team Date: 01/05/2025 NTPC Green Energy Limited (NGEL) has signed a memorandum of understanding (MoU) with Honeywell UOP India Private Limited to explore the production of sustainable aviation fuel (SAF). The project will use captured carbon dioxide and green hydrogen as feedstock. Both companies will carry out a joint feasibility study using Honeywell’s proprietary eFining technology. The study will assess the technical and commercial viability of SAF production at NTPC’s planned Green Hydrogen…