Author: PPD Team Date: January 2, 2025
Promax Power has secured a Rs 554.3 million contract to design, supply, erect, test, and commission 132/33 kV substations and associated 132 kV bays.
The project includes developing four 132 kV substations with fully equipped control room buildings, installing four 132/33 kV 31.5 MVA transformers, and constructing three 132 kV substation bays.
Author: PPD Team Date: May 6, 2025 REC Power Distribution Company Limited (REC PDCL) has launched a bidding process to select transmission service providers (TSPs) for two major transmission projects in Karnataka. The bids were invited on April 30, 2025, through tariff-based competitive bidding (TBCB) on a build, own, operate, and transfer (BOOT) basis. The last date to submit bids is July 4, 2025. The projects involve establishing 400 kV substations and associated transmission lines…
Author: PPD Team Date: October 15, 2024 Adani Energy Solutions Ltd (AESL) has signed an agreement with the Kenya Electricity Transmission Company Ltd (Ketraco) to build, finance, and operate key transmission lines in Kenya for 30 years. This initiative aims to upgrade Kenya’s transmission infrastructure to ensure a more reliable power supply amid persistent blackouts. The project, estimated at KSh 95.68 billion (USD 736 million), will be funded through a combination of debt and equity…
Author: PPD Team Date: October 28, 2024 Vietnam‘s Ministry of Industry and Trade has drafted a new electricity law to establish a legal framework supporting the development of a modern, interconnected, and efficient power market while prioritizing national energy security. The proposed amendments aim to address gaps in power development regulations, improve coordination among ministries, and overcome challenges in bringing electricity investments to remote areas. A key focus of the draft law is on refining…
Author: PPD Team Date: March 7, 2025 PFC Consulting Limited (PFCCL) has invited bids for selecting a transmission service provider (TSP) to develop “Transmission system for proposed Green Hydrogen/Green Ammonia projects in Kakinada area, Andhra Pradesh (Phase-I).” The bids will be processed under the tariff-based competitive bidding (TBCB) model on a build, own, operate, and transfer (BOOT) basis. The Request for Proposal (RFP) was issued on March 4, 2025, and the last date for submission…
Author: PPD Team Date: August 7, 2025 REC Limited and Power Finance Corporation (PFC) have both posted significant profit growth for the first quarter of FY26. REC reported its highest-ever quarterly net profit of Rs 4,451 crore, marking a 29 per cent rise compared to the previous year. Disbursements for the quarter reached Rs 59,508 crore, a 36 per cent increase year-on-year. Project sanctions crossed Rs 1 lakh crore, with distribution projects comprising 43 per…
Author: PPD Team Date: March 3, 2026 Maharashtra State Electricity Distribution Company Limited (MSEDCL), also known as Mahavitaran, has fixed a benchmark installation rate of Rs 45,450 per kW for residential rooftop solar systems under the Swayampurna Maharashtra Residential Rooftop Solar (SMART) scheme. The rate was discovered through a competitive tender and is about Rs 15,000 lower than the prevailing market price of Rs 60,000 per kW and Rs 4,550 below the earlier state estimate…