PFCCL establishes SPV for Kandla Green Hydrogen transmission project
Author: PPD Team Date: November 29, 2024
Author: PPD Team Date: November 29, 2024
PFC Consulting Limited (PFCCL) incorporated Kandla GHA Transmission Limited, a special purpose vehicle (SPV) for development of the Transmission System for supply of power to Green Hydrogen/Ammonia manufacturing potential in Kandla area of Gujarat (Phase-I: 3 GW) on November 28, 2024.
The project includes the establishment of a 765/400 kV gas-insulated substation (GIS) at Kandla, which will feature provisions for future capacity expansion. It will also involve the construction of a 765 kV double-circuit transmission line between Kandla and Halvad, with additional advanced voltage control equipment such as ±400 MVAr STATCOM and switchable reactors to ensure grid stability and efficient power transmission.
PFCCL, as the Bid Process Coordinator (BPC), will oversee the selection of a Transmission Service Provider (TSP) through international competitive bidding. The project will be executed on a build, own, operate, and transfer (BOOT) basis, with completion scheduled within 36 months of the effective date.
Author: PPD Team Date: November 13, 2024 Elcogen has been awarded €24.9 million from the European Union’s 2024 Innovation Fund to expand its production capacity for solid oxide electrolyser cell (SOEC) and solid oxide fuel cell (SOFC) components in Tallinn, Estonia. This funding will enhance Elcogen’s role in advancing green hydrogen production and supporting the transition to green energy. The EU’s Innovation Fund allocated €4.8 billion across 85 projects in 2024, targeting a collective carbon…
Author: PPD Team Date: November 26, 2024 A consortium of Bharat Heavy Electricals (BHEL) and Hitachi Energy India has secured a contract from Power Grid Corporation of India (PGCIL) for the Khavda-Nagpur High Voltage Direct Current (HVDC) transmission project. The contract involves designing and constructing 800kV, 6,000 MW HVDC terminal stations at the Khavda Pooling Station-2 in Gujarat and Nagpur in Maharashtra. Spanning 1,200 km, the system will enable bi-directional power flow and facilitate renewable…
Author: PPD Team Date: March 20, 2026 Power Grid Corporation of India Limited (POWERGRID) has approved procurement of cold spare transformers and reactors at an estimated cost of Rs 705.30 crore, according to a regulatory filing dated March 19, 2026. The approval was granted at a board meeting held on the same day and follows recommendations of the 77th Northern Regional Power Committee (NRPC) meeting. POWERGRID has set an implementation timeline of 30 months from…
Author: PPD Team Date: December 24, 2024 India and Kuwait have upgraded their relationship to a strategic partnership, focusing on defence, energy, trade, investment, and technology. During Prime Minister Narendra Modi’s first visit to Kuwait in 43 years, an MoU on defence was signed to enhance cooperation in training, joint exercises, and equipment supply. The two countries share strong energy ties, with bilateral trade reaching $10.47 billion in 2023-24. Kuwait is India’s sixth-largest crude supplier…
Author: PPD Team Date: July 21, 2025 The Ministry of Power has released detailed procedures for allocating coal linkages to power generators under the Revised SHAKTI Policy 2025. The guidelines cover both notified price and auction-based allocations, applying to Central and State GENCOs as well as private players. The Revised SHAKTI Policy was cleared by the Cabinet Committee on Economic Affairs (CCEA) in May 2025. It lays out two key windows for coal linkage. Approved…
Author: PPD Team Date: January 22, 2026 Waaree Energies Limited has reported record quarterly financial results for Q3 FY26, with standalone revenue and profit more than doubling year-on-year. For the quarter ended 31 December 2025, the company reported standalone revenue from operations of Rs 7,565.05 crores, up 118.81% compared to the same period last year. Standalone Profit After Tax (PAT) increased 118.35% to Rs 1,106.79 crores. During the quarter, Waaree manufactured 3.51 GW of solar…