Author: PPD Team Date: 17/10/2024
Purvah Green Power Private Limited (PGPPL), a wholly owned subsidiary of CESC Limited, has signed a share purchase agreement (SPA) to acquire a 100 per cent stake in Deshraj Solar Energy Private Limited.
Upon completion, Deshraj Solar Energy will become a step-down subsidiary of CESC. This acquisition aligns with CESC’s strategy to expand its presence in the renewable energy sector.
Author: PPD Team Date: 03/01/2025 NTPC achieved significant growth during the April-December period of FY 2024-25. Power generation reached 326 billion units (BU), a four per cent increase from last year. The company made notable progress in coal mining, extracting 30.88 MT, a 23 per cent year-over-year rise. The plant load factor (PLF) of NTPC’s coal stations reached 76.20 per cent by the end of Q3. By December 2024, NTPC Group’s installed capacity grew to…
Author: PPD Team Date: 04/03/2025 The Karnataka Department of Energy (DoE) has planned to opt out of the Revamped Distribution Sector Scheme (RDSS) for smart meter installation. Instead, the state will implement the project independently. Karnataka is among the few states that have not opted for RDSS, under which 197.9 million consumer smart meters have been sanctioned nationwide. However, officials have not disclosed the reason behind this decision. Sources in the Bangalore Electricity Supply Company…
Author: PPD Team Date: 02/05/2025 The Indian government has extended its directive requiring imported coal-based (ICB) power plants to operate at full capacity until 30 June 2025. This decision comes in response to the expected high electricity demand during the summer season. The mandate, which applies to ICB plants including those operated by Adani Power, Mundra Power, and Essar Power, has been extended multiple times. It was initially valid until 28 February 2025, then extended…
Author: PPD Team Date: 20/12/2024 The Himachal Pradesh Electricity Regulatory Commission (HPERC) has approved Himachal Pradesh State Electricity Board Limited (HPSEBL) to procure 550 MW of ISTS-connected solar power from the Solar Energy Corporation of India (SECI) for 25 years at a tariff of Rs 2.56 per kWh, with an additional trading margin of Rs 0.07 per kWh payable to SECI. This power procurement is part of SECI’s 1,500 MW ISTS-connected solar power projects tender…
Author: PPD Team Date: 06/12/2024 Spain is set to become a leader in renewable energy with the construction of the continent’s largest pumped storage power plant. Managed by Iberdrola, the Conso II project will be located in Ourense, Galicia, and will involve an investment of over 1.5 billion euros. The Conso II facility will feature an innovative design that connects two reservoirs using the region’s natural slope, allowing for efficient electricity generation. With a capacity…
Author: PPD Team Date: 17/01/2025 The UK government has unveiled a £410 million ($501.1 million) investment to advance fusion energy development. The funding will support the construction of a fusion power plant at the site of a former coal facility in Nottinghamshire, as part of the government’s Plan for Change initiative to drive economic growth and position the UK as a leader in fusion energy. The investment will accelerate progress in the fusion energy sector…
Author: PPD Team Date: 03/01/2025 NTPC achieved significant growth during the April-December period of FY 2024-25. Power generation reached 326 billion units (BU), a four per cent increase from last year. The company made notable progress in coal mining, extracting 30.88 MT, a 23 per cent year-over-year rise. The plant load factor (PLF) of NTPC’s coal stations reached 76.20 per cent by the end of Q3. By December 2024, NTPC Group’s installed capacity grew to…
Author: PPD Team Date: 04/03/2025 The Karnataka Department of Energy (DoE) has planned to opt out of the Revamped Distribution Sector Scheme (RDSS) for smart meter installation. Instead, the state will implement the project independently. Karnataka is among the few states that have not opted for RDSS, under which 197.9 million consumer smart meters have been sanctioned nationwide. However, officials have not disclosed the reason behind this decision. Sources in the Bangalore Electricity Supply Company…
Author: PPD Team Date: 02/05/2025 The Indian government has extended its directive requiring imported coal-based (ICB) power plants to operate at full capacity until 30 June 2025. This decision comes in response to the expected high electricity demand during the summer season. The mandate, which applies to ICB plants including those operated by Adani Power, Mundra Power, and Essar Power, has been extended multiple times. It was initially valid until 28 February 2025, then extended…
Author: PPD Team Date: 20/12/2024 The Himachal Pradesh Electricity Regulatory Commission (HPERC) has approved Himachal Pradesh State Electricity Board Limited (HPSEBL) to procure 550 MW of ISTS-connected solar power from the Solar Energy Corporation of India (SECI) for 25 years at a tariff of Rs 2.56 per kWh, with an additional trading margin of Rs 0.07 per kWh payable to SECI. This power procurement is part of SECI’s 1,500 MW ISTS-connected solar power projects tender…
Author: PPD Team Date: 06/12/2024 Spain is set to become a leader in renewable energy with the construction of the continent’s largest pumped storage power plant. Managed by Iberdrola, the Conso II project will be located in Ourense, Galicia, and will involve an investment of over 1.5 billion euros. The Conso II facility will feature an innovative design that connects two reservoirs using the region’s natural slope, allowing for efficient electricity generation. With a capacity…
Author: PPD Team Date: 17/01/2025 The UK government has unveiled a £410 million ($501.1 million) investment to advance fusion energy development. The funding will support the construction of a fusion power plant at the site of a former coal facility in Nottinghamshire, as part of the government’s Plan for Change initiative to drive economic growth and position the UK as a leader in fusion energy. The investment will accelerate progress in the fusion energy sector…
Author: PPD Team Date: 03/01/2025 NTPC achieved significant growth during the April-December period of FY 2024-25. Power generation reached 326 billion units (BU), a four per cent increase from last year. The company made notable progress in coal mining, extracting 30.88 MT, a 23 per cent year-over-year rise. The plant load factor (PLF) of NTPC’s coal stations reached 76.20 per cent by the end of Q3. By December 2024, NTPC Group’s installed capacity grew to…
Author: PPD Team Date: 04/03/2025 The Karnataka Department of Energy (DoE) has planned to opt out of the Revamped Distribution Sector Scheme (RDSS) for smart meter installation. Instead, the state will implement the project independently. Karnataka is among the few states that have not opted for RDSS, under which 197.9 million consumer smart meters have been sanctioned nationwide. However, officials have not disclosed the reason behind this decision. Sources in the Bangalore Electricity Supply Company…