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: 18/12/2024 Independent renewable energy company Qair and Etermar Energia have signed a memorandum of understanding (MoU) to collaborate on offshore wind projects across the Iberian Peninsula. Etermar Energia signed the agreement during a visit to Qair’s Eolmed, a 30 MW floating offshore wind project in Port-La Nouvelle, France. The MoU focuses on developing floating offshore wind farms, particularly in Portuguese maritime zones. The partnership will involve component stockpiling, foundation manufacturing, logistics,…
Author: PPD Team Date: 29/05/2025 Jupiter Renewables, a subsidiary of Jupiter International, will invest Rs 27 billion to set up a large-scale solar photovoltaic (PV) cell and module manufacturing facility in Andhra Pradesh. The project will be developed in two phases at Rambilli in Anakapalli district. Phase 1, with an investment of Rs 15.04 billion, includes 2.4 GW of solar PV cell and 1.5 GW of module manufacturing capacity. It is scheduled for commissioning by…
Author: PPD Team Date: 06/01/2025 French cable manufacturer Nexans has completed the sale of AmerCable, a specialist in electrical power, control, and instrumentation cables, to Mattr for $280 million. The move aligns with Nexans’ focus on its core electrification business, allowing it to concentrate on key market segments. The agreement, finalized in November 2024, values AmerCable at around five times its adjusted EBITDA for the 12 months ending June 2024. AmerCable will now be part…
Author: PPD Team Date: 12/06/2025 Multiple consultancy contracts and L1 positions have been awarded across pumped storage and hydroelectric projects in India. Aarvee Associates Architects Engineers & Consultants Private Limited has secured a contract worth Rs 79.66 million. The firm will prepare the detailed project report (DPR) for the 1,000 MW Humbarli Birmani Pumped Storage Project. THDC India Limited had invited bids in April 2025. The project is located in Satara and Ratnagiri districts of…
Author: PPD Team Date: 05/06/2025 Greenko Energies Private Limited (GEPL) has floated a Notice Inviting Tender (NIT) for engineering, procurement, and construction (EPC) of three pumped storage projects (PSPs). The bids are split across three packages—civil, hydro-mechanical (H&M), and electro-mechanical (E&M) works. The last date for submission is June 20, 2025. The three PSPs are: Greenko GJ01 (1,600 MW) Located in Ukai village, Tapi district, Gujarat. Greenko MH01 (2,000 MW) Planned at Nayagaon village, Soegaon…
Author: PPD Team Date: 31/03/2025 PFC Consulting Limited (PFCCL) has transferred Kurnool III PS RE Transmission Limited, a special purpose vehicle (SPV), to Power Grid Corporation of India Limited (PGCIL) for strengthening the transmission system at Kurnool-III PS. The transfer took place on March 27, 2025. POWERGRID received the Letter of Intent (LoI) for the project on March 6, 2025. The project was awarded through Tariff-Based Competitive Bidding (TBCB) and will be executed on a…