Author: PPD Team Date: 25/10/2024
The Rajasthan government has signed a memorandum of understanding (MoU) with the United Arab Emirates (UAE) for an investment of Rs 3 trillion to develop renewable energy projects with a combined capacity of 60 GW in solar, wind, and hybrid energy across western Rajasthan.
The UAE will appoint a qualified developer to manage project governance and administration, ensuring efficient and swift implementation.
Author: PPD Team Date: 30/10/2024 The European Union has allocated up to €36 million to thyssenkrupp nucera’s advanced Solid Oxide Electrolyzer Cell (SOEC) project, supporting the construction of a 300 MW green hydrogen production plant. Utilizing SOEC technology licensed by Fraunhofer IKTS, the project leverages high-temperature electrolysis to produce green hydrogen and synthesis gas with enhanced efficiency and cost advantages for various industrial applications. This funding aligns with the EU’s climate objectives to promote energy…
Author: PPD Team Date: 08/07/2025 The Green Energy Corridor (GEC) Phase I is close to completion in four states, with 20 GW of the planned 24 GW renewable energy capacity already commissioned. The remaining 4 GW is expected to be completed soon. GEC Phase I was launched to improve grid infrastructure for integrating large-scale renewable energy. It spans eight states: Andhra Pradesh, Gujarat, Himachal Pradesh, Karnataka, Madhya Pradesh, Maharashtra, Rajasthan, and Tamil Nadu. The project…
Author: PPD Team Date: 26/05/2025 The Ministry of Power (MoP) and the Bureau of Energy Efficiency (BEE) have issued fresh directives to ensure compliance with the Renewable Consumption Obligations (RCO) framework. This applies to designated consumers, including captive power plants (CPPs) and open access (OA) users. The RCO system stems from amendments made to the Energy Conservation Act, 2001 in 2022. It replaces older Renewable Purchase Obligation (RPO) guidelines and mandates a rising share of…
Author: PPD Team Date: 13/02/2025 Salzer Electronics Ltd, a new player in the smart meter manufacturing industry, has successfully delivered its first commercial order of 25,000 smart meters, valued at approximately Rs 50 million, during the third quarter (Q3: October to December) of FY25. The company is optimistic about receiving further orders from the same client. Rajesh Doraiswamy, Joint Managing Director of Salzer Electronics, expressed pride in the achievement, stating that the dispatch of the…
Author: PPD Team Date: 04/12/2024 Solar Industries India and its subsidiary have secured export orders worth Rs 20.39 billion for the supply of defence products to international clients. The deliveries will span four years. In November, the company received another export order valued at Rs 3.99 billion from an overseas customer, to be fulfilled within three years.
Author: PPD Team Date: 24/12/2024 Union Minister of Power and Housing & Urban Affairs Shri Manohar Lal reviewed the power sector scenario for the Union Territory (UT) of Lakshadweep in Kavaratti. Shri Praful Patel, Administrator of Lakshadweep, along with senior officials from the UT administration, Government of India (GoI), and Power Finance Corporation (PFC), attended the meeting. Key issues discussed included the status of power generation, the performance of the electricity department, demand-supply challenges, and…