Author: PPD Team Date: December 13, 2024
Reliance Power Limited (RPL) incorporated Reliance NU Energies Private Limited, a special purpose vehicle, on December 10, 2024.
The entity will focus on developing renewable energy projects, including solar, wind, hybrid systems, and advanced energy storage solutions such as pumped storage hydropower and battery energy storage systems.
Author: PPD Team Date: December 24, 2024 The Low Carbon Contracts Company (LCCC) has signed three hydrogen production contracts under Hydrogen Allocation Round 1 (HAR1), part of the UK government’s Hydrogen Production Business Model. These initial agreements include the Cromarty, Whitelee, and West Wales projects, with a combined capacity of 31.8 megawatts (MW). The Hydrogen Production Business Model offers long-term revenue support to hydrogen producers, reducing investment risks and fostering the hydrogen economy. It builds…
Author: PPD Team Date: May 1, 2025 Inox Green Energy Services Limited has secured a contract to provide operations and maintenance (O&M) services for 675 MWp of solar projects across multiple Indian states. The projects belong to one of India’s leading renewable energy companies. This marks Inox Green’s entry into the solar O&M segment. The company, which currently manages over 4 GW of renewable assets, is one of India’s major O&M service providers. It is…
Author: PPD Team Date: October 1, 2024 Power Grid Corporation of India Ltd (PGCIL) has entered into a shareholder agreement with state transmission utility Rajasthan Rajya Vidyut Prasaran Ltd (RVPNL) to establish a joint venture (JV) company. As per a stock exchange filing, PGCIL will hold a 74% equity stake in the JV, while RVPNL will own the remaining 26%. The proposed JV aims to execute projects valued at up to Rs 10 billion in…
Author: PPD Team Date: March 12, 2025 JSW Energy Limited has completed the acquisition of KSK Mahanadi Power Company Limited (KMPCL) for the 3,600 MW Akaltara (Nariyara) Thermal Power Project at a cost of Rs 160.84 billion. The Competition Commission of India (CCI) approved JSW Energy’s acquisition of a 100% stake in KMPCL through its wholly owned subsidiary, JSW Thermal Energy One Limited, last week. The thermal power project, located in Nariyara, Akaltara, Janjgir-Champa district…
Author: PPD Team Date: January 29, 2025 BAJEL Projects Limited, formerly Bajaj Electricals Limited, has received a Notification of Award from Power Grid Corporation of India Limited (PGCIL) for Transmission Line Package TL03. The contract involves constructing a 120 km, 765 kV double-circuit transmission line (Dausa – Ghiror Part-III) under the Rajasthan Renewable Energy Zone (REZ) Phase-IV (Part-4: 3.5 GW) evacuation system. PGCIL invited bids in September 2024, and the project is expected to be…
Author: PPD Team Date: January 21, 2025 Photo: The LIBRTI facility: illustration with labels. Credit: United Kingdom Atomic Energy Authority. The UK Atomic Energy Authority (UKAEA) has announced a £200 million ($244 million) investment in the Lithium Breeding Tritium Innovation (LIBRTI) programme, a key part of the broader Fusion Futures project. The programme aims to advance fusion fuel development and strengthen industry capacity through global collaboration. One of its main goals is to demonstrate controlled…