Sembcorp signs MoUs to explore green hydrogen facility in Odisha
Author: PPD Team Date: January 20, 2025
Author: PPD Team Date: January 20, 2025
Sembcorp Industries has signed two non-binding Memorandums of Understanding (MoUs) with the Government of Odisha to explore the development of a green hydrogen production facility and an industrial park.
The MoUs involve Sembcorp’s subsidiaries, Sembcorp Green Hydrogen India Private Limited (SGHIPL) and Sembcorp Development Limited, collaborating with the Industrial Promotion & Investment Corporation of Odisha and Odisha Industrial Infrastructure Development Corporation.
The first MoU involves assessing the feasibility of a green hydrogen facility with an annual production capacity of 720,000 metric tonnes, expected to generate over 2,000 jobs during operations.
The second MoU focuses on the potential development of an industrial park in partnership with Odisha Industrial Infrastructure Development Corporation.
Author: PPD Team Date: October 15, 2024 JSW Renew Energy Thirteen Limited, a subsidiary of JSW Energy, has signed a Power Purchase Agreement (PPA) with NTPC Limited for a 700 MW solar project. The 25-year agreement sets a tariff of Rs 2.59 per kilowatt-hour (KWh) and connects the project to both the Inter-State Transmission System (ISTS) and State Transmission Utility (STU). The project is expected to be commissioned by June 2026. This agreement increases JSW…
Author: PPD Team Date: September 22, 2024 The US Department of the Interior (DOI) will hold its first offshore wind energy lease auction for the Gulf of Maine on 29 October 2024. The auction will offer leases for eight areas off the coasts of Massachusetts, New Hampshire, and Maine, with the potential to generate 13 GW of power, enough to supply 4.5 million homes. The Bureau of Ocean Energy Management (BOEM) reduced the available acreage…
Author: PPD Team Date: October 15, 2025 The Ministry of New and Renewable Energy (MNRE) has recognised Deendayal Port Authority (Gujarat), V.O. Chidambaranar Port Authority (Tamil Nadu), and Paradip Port Authority (Odisha) as green hydrogen hubs under the National Green Hydrogen Mission (NGHM). Under the mission’s cluster-based model, ports will serve as key nodes for hydrogen development, helping overcome transport challenges, improve project viability, and achieve economies of scale. Guidelines issued on June 27 for…
Author: PPD Team Date: December 19, 2024 Afreximbank has signed a financing agreement for a 200 MW hydropower project along the Lufira River in the Democratic Republic of Congo (DRC), in partnership with Kipay Investments. This marks the bank’s first private-sector renewable energy project in the DRC. The project includes the development of a reservoir-based hydropower plant aimed at providing clean, affordable power to mining companies, supporting copper and cobalt beneficiation, and enhancing electricity access…
Author: PPD Team Date: June 24, 2025 New York Governor Kathy Hochul has instructed the New York Power Authority (NYPA) to develop and construct a 1 gigawatt (GW) advanced nuclear power plant in Upstate New York. The project aims to meet rising electricity demand driven by industrial growth, building electrification, and electric vehicles, while replacing retiring fossil fuel capacity with zero-emission, baseload power. NYPA, in coordination with the Department of Public Service (DPS), will evaluate…
Author: PPD Team Date: November 12, 2024 PFC Consulting Limited (PFCCL), a subsidiary of Power Finance Corporation Limited, has transferred two wholly owned subsidiaries, Khavda PSI and 3 Transmission Limited and Barmer I Transmission Limited, to Power Grid Corporation of India Limited (Powergrid) for a total of Rs 268.2 million. Khavda PSI and 3 Transmission Limited was transferred for Rs 79.2 million, and Barmer I Transmission Limited for Rs 189 million. Barmer I Transmission Limited…