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: 11/12/2024 The Central government has approved the development of a 2,000 MW solar park in Rajasthan, with 30 per cent central financial assistance. The project will be developed by Rajasthan Solar Development Corporation. Rajasthan currently has an installed renewable energy capacity of 30.31 GW, with solar power contributing 24.55 GW.
Author: PPD Team Date: 19/02/2025 N. K. Enterprises has been awarded contracts for survey and report preparation as a technical consultant for three transmission expansion projects in Maharashtra. The first project, “Network Expansion Scheme in Maharashtra for Evacuation of Renewable Energy Power from Dharashiv, Beed District,” involves the development of 400 kV, 220 kV, and 132 kV transmission lines and substations to integrate renewable energy into the grid. The second project, “Network Expansion Scheme in…
Author: PPD Team Date: 23/01/2025 Nesma Infrastructure and Technology has secured a SAR915 million contract with the Saudi Electricity Company (SEC) for constructing two 380 kV substations in Riyadh, named Rumah BSP-9077 A and B. The project includes installing line reactors at the Airport North BSP-9089 and PS3 BSP substations to strengthen Riyadh’s high-voltage transmission infrastructure. Scheduled for completion within 21 months, the initiative supports the city’s rapid urban and industrial growth. Saudi Arabia is…
Author: PPD Team Date: 23/10/2024 The Asian Development Bank (ADB) has approved an additional USD 15 million grant to aid Tajikistan’s efforts in reconnecting its power grid with the Central Asian Power System (CAPS) and enhancing interconnections with Uzbekistan. This follows the signing of a power trade agreement aimed at restarting electricity trade between the two countries, marking progress toward a renewed regional energy network. The ADB-supported project includes the construction of a new 22…
Author: PPD Team Date: 05/12/2024 Greenzo Energy India (GEIL) will collaborate with France’s EODev to introduce hydrogen fuel cell power generators in India. Under the 20-year partnership, GEIL will distribute EODev’s zero-emission generators, provide maintenance services, and locally assemble EODev products. GEIL will also serve as an original equipment manufacturer (OEM) and strategic partner for EODev. The alliance will bring Toyota’s hydrogen fuel cell technology to South Asia. These generators convert hydrogen into electricity and…
Author: PPD Team Date: 21/01/2025 NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited, commenced commercial operations of 25 MW capacity under the 200 MW Gujarat Solar PV Project-Phase XI in Sadla on January 17, 2025. NTPC won the 200 MW capacity bid for GUVNL’s Phase-XI project in December 2020 at a tariff of Rs 1.99 per kWh. The project, part of GUVNL-I, involves the development of 200 MW grid-connected solar photovoltaic power projects…