Author: PPD Team Date: 26/12/2024
NTPC Limited has planned to establish a nuclear power project (NPP) in Bihar.
The company has requested the state government to allocate suitable land for the project and is expected to conduct a study before proceeding with its setup.
Author: PPD Team Date: 15/10/2024 The Ministry of New and Renewable Energy (MNRE) has introduced Scheme Guidelines for ‘Innovative Projects’ under the PM-Surya Ghar: Muft Bijli Yojana, as notified on October 8, 2024. This initiative aims to foster advancements in rooftop solar technologies, business models, and integration techniques with a budget of Rs 50 billion. The scheme will support startups, institutions, and industries in piloting new concepts such as blockchain-based peer-to-peer solar trading, smart materials,…
Author: PPD Team Date: 30/10/2024 Powerica has secured a 50 MW capacity in the Solar Energy Corporation of India’s (SECI) undersubscribed auction for a 500 MW interstate transmission system (ISTS)-connected wind power project (Tranche-XVII). The company won the allocation at a tariff of Rs 3.81 per kWh. Due to an undersubscription, only 120 MW of the 500 MW was bid, resulting in SECI reducing the total award to 96 MW, per the tender’s 80% allocation…
Author: PPD Team Date: 03/12/2024 Australian mining company Pilbara Minerals and its joint venture (JV) partner POSCO Holdings have announced the completion of Train 2 at their Lithium Hydroxide Monohydrate Chemical Facility in Gwangyang, South Korea. The facility is Korea’s first lithium hydroxide plant, with an annual production capacity of up to 43,000 tons of battery-grade lithium hydroxide—sufficient to power batteries for approximately one million electric vehicles. The JV, POSCO Pilbara Lithium Solution (PPLS), established…
Author: PPD Team Date: 12/12/2024 Schneider Electric has introduced EcoConsult in India, a consulting service designed to optimize electrical and automation systems for safety, reliability, and sustainability. The solution provides actionable insights to improve asset health, reduce carbon footprints, and achieve cost savings for both new installations and existing equipment. EcoConsult enables businesses to reduce operational expenses by up to 30%, lower electrical energy losses by 35%, save up to 15% on utility bills through…
Author: PPD Team Date: 12/11/2024 Adani Energy Solutions Limited (AESL) has acquired Progressive Grid Networks Limited (PGNL) in Kenya to explore power transmission opportunities across East Africa. PGNL’s initial share capital stands at KES 1 billion, divided into 100,000 ordinary shares valued at KES 1,000 each. Through this acquisition, AESL secures full ownership by acquiring 100 per cent of the shares through cash consideration.
Author: PPD Team Date: 03/12/2024 Siemens and Tietoevry, a Nordic digital engineering and software company, have joined forces to enhance the digital transformation of the power utilities sector in Northern and Central Europe. The collaboration integrates Siemens’ Gridscale X software platform with Tietoevry’s IT services, offering advanced solutions for grid operators to manage energy transition challenges effectively. Tietoevry’s energy solutions aim to digitalize the energy value chain, improve customer experience, enhance business performance, and boost…