Author: PPD Team Date: 16/01/2025
Rajasthan Chief Minister Bhajan Lal Sharma has approved the allocation of 4,000 hectares in Bodana village, Jaisalmer district, to the Rajasthan Solar Park Development Company for establishing a 2,000 MW solar power project.
This initiative aligns with the state’s commitment to advancing renewable energy and supporting clean energy goals.
Author: PPD Team Date: 11/12/2024 The Ministry of New and Renewable Energy (MNRE) has announced the inclusion of solar PV cells in a newly introduced List-II under the Approved List of Models and Manufacturers (ALMM), set to take effect from June 1, 2026. This amendment expands the ALMM framework, which previously only covered solar modules. With the addition of solar cells to ALMM, projects that require the use of ALMM-enlisted solar modules from List-I will…
Author: PPD Team Date: 30/10/2024 The Central Electricity Regulatory Commission (CERC) has approved the annual transmission tariff of Rs 2.91 billion for Sirohi Transmission Ltd, a wholly-owned subsidiary of Power Grid Corporation of India Ltd (PGCIL), for its ISTS scheme. This project, named “Transmission system for evacuation of power from Rajasthan REZ Phase IV (Part 2: 5.5 GW) (Jaisalmer/Barmer Complex) Part B,” was awarded to PGCIL under the tariff-based competitive bidding (TBCB) process. During the…
Author: PPD Team Date: 26/12/2024 Three companies secured contracts totalling 600 MW for the development of 1,000 MW Inter-State Transmission System (ISTS)-Connected Solar Power Projects under Tranche-XVIII. ReNew Solar Power Private Limited (ReNew Power Ventures Private Limited) won 250 MW with a tariff of Rs 3.04 per kWh. ACME Solar Holdings Private Limited secured 300 MW with a tariff of Rs 3.05 per kWh. Adani Renewable Energy Holding Twelve Limited (Adani Green Energy Limited (AGEL))…
Author: PPD Team Date: 07/11/2024 JTC Corporation has appointed Univers and PacificLight Power to develop Singapore’s first district-level smart grid in the Punggol Digital District. The project aims to enhance energy efficiency and integrate renewable energy sources by installing a smart grid powered by a battery energy storage system and solar panels. Once operational, the system is expected to generate over 3,000 MWh of clean energy annually. Scheduled for completion in 2026, the grid will…
Author: PPD Team Date: 27/02/2025 Indian Railway Finance Corporation (IRFC) has sanctioned a rupee term loan of Rs 75 billion to NTPC Renewable Energy Limited (NTPC REL), a subsidiary of NTPC Green Energy Limited. In January 2025, NTPC REL invited bids for up to Rs 200 billion for capital expenditure on various projects, including loan refinancing and general corporate purposes. The funding will support the development of renewable energy projects, including solar, wind, and hybrid…
Author: PPD Team Date: 06/03/2025 India has launched trials for its first fleet of hydrogen-powered heavy-duty trucks. This initiative aligns with the National Green Hydrogen Mission (NGHM), which has been allocated Rs 197.44 billion to establish India as a leader in hydrogen production, storage, and application. Under this mission, the Indian government has already awarded 412,000 tonnes per annum of green hydrogen production and approved 3,000 MW of electrolyser manufacturing capacity annually. Additionally, seven pilot…