PGCIL and Adani Energy qualify for Khavda transmission project
Author: PPD Team Date: 24/12/2024
Author: PPD Team Date: 24/12/2024
Power Grid Corporation of India Limited (PGCIL) and Adani Energy Solutions Ltd have emerged as qualified bidders for the Augmentation of transformation capacity at KPS1 (GIS) and KPS2 (GIS) (Phase-V Part B1 and Part B2 scheme).
REC Power Development and Consultancy Limited (REC PDCL) is the bid process coordinator (BPC) for selecting a transmission service provider (TSP) through a tariff-based competitive bidding (TBCB) process.
The project’s special purpose vehicle (SPV) is Khavda V-B1B2 Power Transmission Limited.
Author: PPD Team Date: 23/12/2024 Viaro Energy has signed a sales and purchase agreement to acquire 100% of integrated transition energy firm Evoterra’s assets, including its wind turbine fleet and oil and gas exploration licences in the UK and Germany. The deal marks Viaro’s entry into the German renewable energy market and is expected to close in 2025. The acquisition includes MicroEnergy Generation Services’ wind turbine fleet in East Anglia and Terrain Energy’s onshore oil…
Author: PPD Team Date: 05/06/2025 Maruti Suzuki India Limited (MSIL) has commissioned a total of 30 MWp solar power capacity across its Haryana facilities. This includes a 20 MWp installation at Kharkhoda and a 10 MWp unit at Manesar. Alongside these projects, the company is increasing the share of green power sourced from State Electricity Boards, further reducing its reliance on conventional energy. Mr. Hisashi Takeuchi, Managing Director & CEO of MSIL, confirmed plans to…
Author: PPD Team Date: 12/09/2024 Westinghouse Electric has partnered with Hyundai Engineering & Construction to pursue nuclear power plant (NPP) projects in Sweden and Finland. The collaboration will focus on deploying Westinghouse’s AP1000 reactor technology, with Westinghouse handling the design and technology development and Hyundai contributing its construction expertise. This partnership builds on a 2022 agreement between the companies to jointly explore global opportunities for AP1000 plants. The announcement follows Vattenfall’s plans to develop new…
Author: PPD Team Date: 27/02/2025 South Eastern Coalfields Limited (SECL), a subsidiary of Coal India Limited, has commissioned a rapid loading system and silos at its Dipka megaproject in Chhattisgarh under the First Mile Connectivity (FMC) initiative. The facility, which began operations on February 21, 2025, has an annual coal evacuation capacity of 25 million tonnes. It replaces the previous merry-go-round system, which had a capacity of 15 million tonnes per annum. The new…
Author: PPD Team Date: 30/12/2024 KEC International Ltd has transferred its cables business to KEC Asian Cables Ltd (KACL), a subsidiary, via a slump sale on a going-concern basis. A business transfer agreement (BTA) was executed on December 30, 2024. KACL will pay Rs 1.25 billion to KEC International for the slump sale. KEC International holds a 95% equity stake in KACL, with the remaining 5% owned by KEC Power India Pvt Ltd (KPIPL), a…
Author: PPD Team Date: 04/11/2024 Avangrid Renewables and Invenergy NE Offshore Wind have won two lease areas each in the Gulf of Maine through a US government-led offshore wind lease sale conducted by the Bureau of Ocean Energy Management (BOEM). This sale marks the sixth offshore wind lease under the Biden-Harris administration and the first for commercial floating offshore wind on the Atlantic coast. Avangrid acquired leases OCS-564 (98,565 acres) for $4.9 million and OCS-568…
Author: PPD Team Date: 23/12/2024 Viaro Energy has signed a sales and purchase agreement to acquire 100% of integrated transition energy firm Evoterra’s assets, including its wind turbine fleet and oil and gas exploration licences in the UK and Germany. The deal marks Viaro’s entry into the German renewable energy market and is expected to close in 2025. The acquisition includes MicroEnergy Generation Services’ wind turbine fleet in East Anglia and Terrain Energy’s onshore oil…
Author: PPD Team Date: 05/06/2025 Maruti Suzuki India Limited (MSIL) has commissioned a total of 30 MWp solar power capacity across its Haryana facilities. This includes a 20 MWp installation at Kharkhoda and a 10 MWp unit at Manesar. Alongside these projects, the company is increasing the share of green power sourced from State Electricity Boards, further reducing its reliance on conventional energy. Mr. Hisashi Takeuchi, Managing Director & CEO of MSIL, confirmed plans to…
Author: PPD Team Date: 12/09/2024 Westinghouse Electric has partnered with Hyundai Engineering & Construction to pursue nuclear power plant (NPP) projects in Sweden and Finland. The collaboration will focus on deploying Westinghouse’s AP1000 reactor technology, with Westinghouse handling the design and technology development and Hyundai contributing its construction expertise. This partnership builds on a 2022 agreement between the companies to jointly explore global opportunities for AP1000 plants. The announcement follows Vattenfall’s plans to develop new…
Author: PPD Team Date: 27/02/2025 South Eastern Coalfields Limited (SECL), a subsidiary of Coal India Limited, has commissioned a rapid loading system and silos at its Dipka megaproject in Chhattisgarh under the First Mile Connectivity (FMC) initiative. The facility, which began operations on February 21, 2025, has an annual coal evacuation capacity of 25 million tonnes. It replaces the previous merry-go-round system, which had a capacity of 15 million tonnes per annum. The new…
Author: PPD Team Date: 30/12/2024 KEC International Ltd has transferred its cables business to KEC Asian Cables Ltd (KACL), a subsidiary, via a slump sale on a going-concern basis. A business transfer agreement (BTA) was executed on December 30, 2024. KACL will pay Rs 1.25 billion to KEC International for the slump sale. KEC International holds a 95% equity stake in KACL, with the remaining 5% owned by KEC Power India Pvt Ltd (KPIPL), a…
Author: PPD Team Date: 04/11/2024 Avangrid Renewables and Invenergy NE Offshore Wind have won two lease areas each in the Gulf of Maine through a US government-led offshore wind lease sale conducted by the Bureau of Ocean Energy Management (BOEM). This sale marks the sixth offshore wind lease under the Biden-Harris administration and the first for commercial floating offshore wind on the Atlantic coast. Avangrid acquired leases OCS-564 (98,565 acres) for $4.9 million and OCS-568…
Author: PPD Team Date: 23/12/2024 Viaro Energy has signed a sales and purchase agreement to acquire 100% of integrated transition energy firm Evoterra’s assets, including its wind turbine fleet and oil and gas exploration licences in the UK and Germany. The deal marks Viaro’s entry into the German renewable energy market and is expected to close in 2025. The acquisition includes MicroEnergy Generation Services’ wind turbine fleet in East Anglia and Terrain Energy’s onshore oil…
Author: PPD Team Date: 05/06/2025 Maruti Suzuki India Limited (MSIL) has commissioned a total of 30 MWp solar power capacity across its Haryana facilities. This includes a 20 MWp installation at Kharkhoda and a 10 MWp unit at Manesar. Alongside these projects, the company is increasing the share of green power sourced from State Electricity Boards, further reducing its reliance on conventional energy. Mr. Hisashi Takeuchi, Managing Director & CEO of MSIL, confirmed plans to…