Author: PPD Team Date: 26/12/2024
Similar Posts
Serbia’s 2025 budget allocates EUR 1 billion for green projects
Author: PPD Team Date: 12/12/2024 Serbia’s 2025 Budget Law introduces its first Green Budget annex, allocating EUR 1 billion to 64 projects aimed at environmental protection and energy efficiency. The budget earmarks EUR 528.4 million for railway projects, including the Hungarian-Serbian railway and Belgrade’s urban subway system, designed to reduce CO2 emissions and enhance energy efficiency. In addition to transportation, the Green Budget focuses on renewable energy projects, including the development of sustainable waste and…
Ganeko Solar signs agreements for 28 MW hybrid project in Tamil Nadu
Author: PPD Team Date: 07/05/2025 Ganeko Solar Private Limited (GSPL), a subsidiary of Zelestra Energy, has entered into several key agreements with Seshasayee Paper and Boards Limited (SPB) to set up a 28 MW/39 MWp wind-solar hybrid power project in Tamil Nadu. The agreements include a Share Purchase Agreement (SPA), Share Subscription and Shareholder’s Agreement (SSSHA), and a performance incentive agreement. As part of the deal, SPB will invest Rs 165.6 million to acquire a…
Waaree secures contract for 300 MW solar project in Rajasthan
Author: PPD Team Date: 04/06/2025 Waaree Renewable Energy Technologies Limited has received a Letter of Award (LoA) worth Rs 3,463.3 million from Purvah Green Power Private Limited, a subsidiary of CESC Limited. The contract, awarded on June 2, 2025, is for engineering, procurement and construction (EPC) of 300 MW / 435 MWp Inter-State Transmission System (ISTS)-connected solar power projects in Bikaner, Rajasthan. The project was awarded through tariff-based competitive bidding (TBCB). Waaree’s scope includes design,…
India’s clean energy rise continues, but investment needs remain high
Author: PPD Team Date: 09/06/2025 India is making rapid progress in expanding clean power, with 83% of power sector investment in 2024 going to renewables and a rising share of non-fossil capacity. However, a June 2025 report from the International Energy Agency (IEA), titled “World Energy Investment 2025,” highlights that current policies still fall short of the funding needed to meet long-term goals. While foreign and domestic investment is growing, key risks—like discom payment delays,…
CTUIL invites bids for independent engineers for six transmission projects
Author: PPD Team Date: 12/11/2024 Central Transmission Utility India Limited (CTUIL) has invited bids in six packages to appoint independent engineers for six major transmission projects. The projects include: Transmission System for Evacuation of Power from Renewable Energy zones in Khavda, Gujarat, under Phase-IV (7 GW capacity): Parts B and C. Transmission System for Power Evacuation from Rajasthan REZ Phase-IV (5.5 GW, Jaisalmer/Barmer Complex): Part H1. Network Expansion Scheme in Navinal (Mundra), Gujarat, for regional…
BHEL wins Rs 62 bn contract for Raghunathpur thermal power plant
Author: PPD Team Date: 12/02/2025 Bharat Heavy Electricals Ltd (BHEL) has received a letter of intent (LoI) from Damodar Valley Corporation (DVC) for a Rs 62 billion contract related to the steam generator island package for DVC’s 2×660-MW Raghunathpur thermal power station (Phase-II) in Purulia district, West Bengal. The contract was awarded through an international competitive bidding process and includes the supply, erection, testing, and commissioning of steam generators, auxiliaries, electrostatic precipitators (ESP), flue gas…
Serbia’s 2025 budget allocates EUR 1 billion for green projects
Author: PPD Team Date: 12/12/2024 Serbia’s 2025 Budget Law introduces its first Green Budget annex, allocating EUR 1 billion to 64 projects aimed at environmental protection and energy efficiency. The budget earmarks EUR 528.4 million for railway projects, including the Hungarian-Serbian railway and Belgrade’s urban subway system, designed to reduce CO2 emissions and enhance energy efficiency. In addition to transportation, the Green Budget focuses on renewable energy projects, including the development of sustainable waste and…
Ganeko Solar signs agreements for 28 MW hybrid project in Tamil Nadu
Author: PPD Team Date: 07/05/2025 Ganeko Solar Private Limited (GSPL), a subsidiary of Zelestra Energy, has entered into several key agreements with Seshasayee Paper and Boards Limited (SPB) to set up a 28 MW/39 MWp wind-solar hybrid power project in Tamil Nadu. The agreements include a Share Purchase Agreement (SPA), Share Subscription and Shareholder’s Agreement (SSSHA), and a performance incentive agreement. As part of the deal, SPB will invest Rs 165.6 million to acquire a…
Waaree secures contract for 300 MW solar project in Rajasthan
Author: PPD Team Date: 04/06/2025 Waaree Renewable Energy Technologies Limited has received a Letter of Award (LoA) worth Rs 3,463.3 million from Purvah Green Power Private Limited, a subsidiary of CESC Limited. The contract, awarded on June 2, 2025, is for engineering, procurement and construction (EPC) of 300 MW / 435 MWp Inter-State Transmission System (ISTS)-connected solar power projects in Bikaner, Rajasthan. The project was awarded through tariff-based competitive bidding (TBCB). Waaree’s scope includes design,…
India’s clean energy rise continues, but investment needs remain high
Author: PPD Team Date: 09/06/2025 India is making rapid progress in expanding clean power, with 83% of power sector investment in 2024 going to renewables and a rising share of non-fossil capacity. However, a June 2025 report from the International Energy Agency (IEA), titled “World Energy Investment 2025,” highlights that current policies still fall short of the funding needed to meet long-term goals. While foreign and domestic investment is growing, key risks—like discom payment delays,…
CTUIL invites bids for independent engineers for six transmission projects
Author: PPD Team Date: 12/11/2024 Central Transmission Utility India Limited (CTUIL) has invited bids in six packages to appoint independent engineers for six major transmission projects. The projects include: Transmission System for Evacuation of Power from Renewable Energy zones in Khavda, Gujarat, under Phase-IV (7 GW capacity): Parts B and C. Transmission System for Power Evacuation from Rajasthan REZ Phase-IV (5.5 GW, Jaisalmer/Barmer Complex): Part H1. Network Expansion Scheme in Navinal (Mundra), Gujarat, for regional…
BHEL wins Rs 62 bn contract for Raghunathpur thermal power plant
Author: PPD Team Date: 12/02/2025 Bharat Heavy Electricals Ltd (BHEL) has received a letter of intent (LoI) from Damodar Valley Corporation (DVC) for a Rs 62 billion contract related to the steam generator island package for DVC’s 2×660-MW Raghunathpur thermal power station (Phase-II) in Purulia district, West Bengal. The contract was awarded through an international competitive bidding process and includes the supply, erection, testing, and commissioning of steam generators, auxiliaries, electrostatic precipitators (ESP), flue gas…
Serbia’s 2025 budget allocates EUR 1 billion for green projects
Author: PPD Team Date: 12/12/2024 Serbia’s 2025 Budget Law introduces its first Green Budget annex, allocating EUR 1 billion to 64 projects aimed at environmental protection and energy efficiency. The budget earmarks EUR 528.4 million for railway projects, including the Hungarian-Serbian railway and Belgrade’s urban subway system, designed to reduce CO2 emissions and enhance energy efficiency. In addition to transportation, the Green Budget focuses on renewable energy projects, including the development of sustainable waste and…
Ganeko Solar signs agreements for 28 MW hybrid project in Tamil Nadu
Author: PPD Team Date: 07/05/2025 Ganeko Solar Private Limited (GSPL), a subsidiary of Zelestra Energy, has entered into several key agreements with Seshasayee Paper and Boards Limited (SPB) to set up a 28 MW/39 MWp wind-solar hybrid power project in Tamil Nadu. The agreements include a Share Purchase Agreement (SPA), Share Subscription and Shareholder’s Agreement (SSSHA), and a performance incentive agreement. As part of the deal, SPB will invest Rs 165.6 million to acquire a…