Author: PPD Team Date: November 27, 2024
On the third day of the 10th round of commercial coal mine auctions, Orissa Alloy Steel Private Limited secured the partially explored Kerendari-BC North coal block in Jharkhand, which has geological reserves of 600 million tonnes.Â
The company submitted the highest bid of 23.25% against a reserve price of 4%.
Author: PPD Team Date: February 11, 2025 Jindal Nuclear Power Private Limited, a wholly owned subsidiary of Jindal Renewables, has announced plans to develop 18,000 MW of nuclear power capacity by 2047. This aligns with the Government of India’s target of achieving 100,000 MW of nuclear capacity by the same year. The announcement follows Tata Power’s interest in small modular reactors (SMRs) after the government allowed private investment in the nuclear sector. Tata Power CEO…
Author: PPD Team Date: November 10, 2025 Coal India Limited (CIL) and Damodar Valley Corporation (DVC) have signed a Joint Venture Agreement (JVA) to set up a 1,600 MW coal-based power plant at DVC’s existing Chandrapura Thermal Power Station (TPS) in Jharkhand. The agreement was signed on November 7, formalising a 50:50 partnership between the two public sector entities. The project involves installing two ultra-supercritical units of 800 MW each, with an estimated total cost…
Author: PPD Team Date: March 13, 2025 The National Committee on Transmission (NCT), in its most recent meeting, has planned a new transmission scheme to address high power flow on the Western Region-Northern Region (WR-NR) corridor. Representatives from Central Transmission Utility of India Limited (CTUIL) highlighted the persistent high loading of the 765 kV Vindhyachal-Varanasi double-circuit (D/C) line, particularly during peak demand in Uttar Pradesh (UP). This heavy load is leading to real-time violations of…
Author: PPD Team Date: October 24, 2024 GreenLine Mobility Solutions Ltd, a key entity in Essar’s green mobility initiative, plans to expand its fleet by adding 1,000 Liquefied Natural Gas (LNG)-powered trucks by March 2025. This move aligns with India’s strategy to decarbonise the logistics sector and reduce emissions in its journey towards net zero by 2070. GreenLine’s CEO, Anand Mimani, emphasized the company’s commitment to sustainable logistics, aiming to meet the rising demand for…
Author: PPD Team Date: March 4, 2025 Datta Power Infra Private Limited has signed a 25-year power purchase agreement (PPA) with Solar Energy Corporation of India (SECI) for a 50 MW Inter State Transmission System (ISTS)-connected wind power project under SECI’s Tranche-XVII. The agreement was finalized on February 28, 2025. In November 2024, Adyant Enersol Private Limited, a wholly owned subsidiary of Datta Power Infra, secured the project with a Letter of Award (LoA) from…
Author: PPD Team Date: January 20, 2026 Power Finance Corporation Limited (PFC) has promoted Deepak Jain to the post of Executive Director, effective January 16, 2026, according to a stock exchange filing. Jain was previously serving as Chief General Manager at PFC and has over 26 years of experience with the power sector lender. His work has covered project financing, deal structuring, policy formulation, resolution of stressed assets, and resource mobilisation. He holds a bachelor’s…