Author: PPD Team Date: December 20, 2024
Servotech Power Systems has rebranded as Servotech Renewable Power System, signalling its shift to renewable energy.
The new name reflects the company’s focus on solar products, EV chargers, and sustainable energy solutions.
Founder & Managing Director Raman Bhatia highlighted the company’s commitment to clean energy, stating, “Our future is in green energy.”
Author: PPD Team Date: November 25, 2024 The Australian Capital Territory (ACT) government and Eku Energy have commenced construction of the Williamsdale Battery Energy Storage System (BESS), a 250 MW/500 MWh project under the ACT Government’s Big Canberra Battery initiative. Scheduled to begin operations in 2026, the BESS will store enough renewable energy to power one-third of Canberra for two hours during peak demand, playing a pivotal role in achieving the ACT’s net-zero emissions target…
Author: PPD Team Date: November 12, 2024 The ACCA’s latest report, Weathering the Storm: Building Resilience Against Climate Disruptions, reveals that most businesses and organizations are ill-prepared for climate-related disasters, with outdated continuity plans that fail to account for the rising frequency of such events. The report shows only 20% of surveyed organizations have identified climate risks across their operations, and just 17% regularly rehearse responses to major disruptions, while 25% lack any resilience-building mechanisms….
Author: PPD Team Date: February 7, 2025 The Ministry of Coal has announced the selected applicants under Category II of the Financial Incentive Scheme, a key part of India’s coal gasification program. With an Rs 85 billion financial outlay, the scheme aims to accelerate coal gasification, lower carbon emissions, enhance energy security, and promote sustainable development. Launched on January 24, 2024, the scheme supports private firms and public sector undertakings (PSUs) in developing coal gasification…
Author: PPD Team Date: April 22, 2025 Evren, a joint venture (JV) between Brookfield Renewable India and Axis Energy Ventures India Private Limited, has signed a 25-year Power Purchase Agreement (PPA) with NTPC Limited for the 300 MW FDRE ISTS-Connected Renewable Energy Project (Tranche-II) in India. The project, which was awarded to ABC Cleantech Private Limited (ACPL), an Evren Group company, follows a successful bid in March 2024. ACPL won the 300 MW Firm and…
Author: PPD Team Date: August 12, 2025 The Punjab government has withdrawn its land pooling policy dated May 14, 2025, along with all amendments, amid political opposition and a court order halting its implementation. The policy sought to acquire large tracts of agricultural land for development without conducting Social Impact Assessment or Environmental Impact Assessment studies, drawing strong criticism. In a press statement, the Principal Secretary of the Department of Housing and Urban Development said…
Author: PPD Team Date: February 12, 2025 REC Limited has entered into a term loan agreement worth Rs 21.47 billion with Chenab Valley Power Project Limited (CVPPL) to support the development and construction of the 1,000 MW Pakal Dul Hydro Electric Project. The loan will be used to fund the development, construction, and operation of the project, including part funding of the project cost and reimbursement of excess funds provided by promoters, if any. The…