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: January 8, 2025 EMO Energy has secured $6.2 million in its Series A funding round, led by Subhkam Ventures with participation from Transition VC. The funds will be used to scale the company’s advanced battery solutions for electric vehicles (EVs) and energy storage systems. The company plans to deploy its services across 100,000 two- and three-wheeler vehicles over the next two years and roll out 1 GWh of energy storage systems. …
Author: PPD Team Date: April 9, 2025 The Government of Karnataka has issued an order to establish the transmission system for evacuating power from the 2,000 MW Sharavathi Pumped Storage Hydel Project. REC Power Distribution Company Limited (REC PDCL) has been appointed as the bid process coordinator. The project will follow a tariff-based competitive bidding (TBCB) process. REC Power Development and Consultancy Limited (RECPDCL) will oversee the bidding. The project is planned alongside a 2,000…
Author: PPD Team Date: July 10, 2025 The Project Monitoring Group (PMG) has proposed a major transmission scheme to support solar power zones in Rajasthan and Gujarat. The plan was discussed in a meeting held on July 3, 2025. PMG functions under Invest India, which is housed within the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce. The proposed Transmission System Strengthening Scheme involves building high-capacity transmission lines and substations that…
Author: PPD Team Date: January 30, 2025 The government of Sri Lanka plans to renegotiate the power purchase agreement (PPA) with India’s Adani Green Energy for a 484MW wind power project, to reduce the cost to below $0.06 per unit, according to the Press Trust of India (PTI). The previous government had signed a 20-year PPA for the project at 8.2 US cents per unit, a decision that was contested as local bidders had proposed…
Author: PPD Team Date: January 27, 2026 The World Bank Group has approved long term financing for the 1,125 MW Dorjilung Hydropower Project in Bhutan. The project is being developed as a joint venture between Tata Power and Druk Green Power Corporation (DGPC) under a public private partnership model. The project is expected to generate more than 4,500 GWh of clean electricity each year. Around 80% of the power output is planned to be supplied…
Author: PPD Team Date: January 3, 2025 Equinor has secured over $3bn in financing for its Empire Wind 1 offshore wind project, set to be the first to connect to the New York City grid. The project, which will power 500,000 homes in New York, is scheduled to begin operations in 2027. Empire Wind 1, with a capacity of 810 MW, is part of a larger development that includes Empire Wind 2, which could add…