Author: PPD Team Date: 20/12/2024
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: 04/02/2025 Tata Power Trading Company Limited (TPTCL) has secured a contract from Power Grid Corporation of India Limited (PGCIL) for the sale of power from the 85 MW/105 MWp Nagda Solar Power Project in Madhya Pradesh. Bids for the contract were invited by PGCIL in November 2024. The scope includes selling the power procured from the project through various power and energy exchange products, such as the Green Day Ahead Market…
Author: PPD Team Date: 30/12/2024 The Expert Appraisal Committee (EAC) of the Ministry of Environment, Forest and Climate Change (MoEFCC) has recommended the grant of Terms of Reference (ToR) for the Indirasagar-Omkareshwar on-stream Pumped Storage Project (640 MW) by NHDC Limited in Madhya Pradesh. Located in Khandwa district, the project will require 198 hectares of forest land and an estimated investment of Rs. 47.56 billion. NHDC plans to develop the project on the right bank…
Author: PPD Team Date: 25/10/2024 HG Infra Engineering has been declared the qualified bidder by NTPC Vidyut Vyapar Nigam for 185 MW/370 MWh as part of a 500 MW/1000 MWh standalone battery energy storage system (BESS) project. The project is supported by viability gap funding, and the tariff rate is set at Rs 2.38 million per MW per month. The contract is scheduled for completion in 1.5 years.
Author: PPD Team Date: 27/03/2025 K2 Infragen Limited has won an engineering, procurement, and construction (EPC) contract from KPI Green Energy Limited for the 67.61 MWp capacity under the 300 MW Khavda Solar PV Project – Phase XXI in Gujarat. The contract, awarded on March 25, 2025, includes the supply of Balance of System (BoS) materials. KPI Green Energy had earlier secured the Letter of Award (LoA) for the 300 MW Khavda Solar PV Project…
Author: PPD Team Date: 05/02/2025 Indus Towers Limited (ITL) has signed an agreement with Amplus Energy Solutions Private Limited to set up a 50 MW captive solar photovoltaic (PV) power project in India. As part of the agreement, ITL will invest Rs 270 million to acquire a 26 per cent equity stake in Amplus Tungabhadra Private Limited, the special purpose vehicle (SPV) for the project. The project is expected to be completed by February 2026….
Author: PPD Team Date: 14/11/2024 Orlen Group has received a 3.5 billion zlotys ($866.6 million) loan from the European Investment Bank (EIB) to fund a major program aimed at modernizing and strengthening Poland’s electricity distribution network. The loan, to be disbursed in tranches over three years, will have a repayment period of up to 15 years. The initial tranche of financing is valued at 900 million zlotys. Energa Operator, Orlen’s distribution subsidiary, will lead the…
Author: PPD Team Date: 04/02/2025 Tata Power Trading Company Limited (TPTCL) has secured a contract from Power Grid Corporation of India Limited (PGCIL) for the sale of power from the 85 MW/105 MWp Nagda Solar Power Project in Madhya Pradesh. Bids for the contract were invited by PGCIL in November 2024. The scope includes selling the power procured from the project through various power and energy exchange products, such as the Green Day Ahead Market…
Author: PPD Team Date: 30/12/2024 The Expert Appraisal Committee (EAC) of the Ministry of Environment, Forest and Climate Change (MoEFCC) has recommended the grant of Terms of Reference (ToR) for the Indirasagar-Omkareshwar on-stream Pumped Storage Project (640 MW) by NHDC Limited in Madhya Pradesh. Located in Khandwa district, the project will require 198 hectares of forest land and an estimated investment of Rs. 47.56 billion. NHDC plans to develop the project on the right bank…
Author: PPD Team Date: 25/10/2024 HG Infra Engineering has been declared the qualified bidder by NTPC Vidyut Vyapar Nigam for 185 MW/370 MWh as part of a 500 MW/1000 MWh standalone battery energy storage system (BESS) project. The project is supported by viability gap funding, and the tariff rate is set at Rs 2.38 million per MW per month. The contract is scheduled for completion in 1.5 years.
Author: PPD Team Date: 27/03/2025 K2 Infragen Limited has won an engineering, procurement, and construction (EPC) contract from KPI Green Energy Limited for the 67.61 MWp capacity under the 300 MW Khavda Solar PV Project – Phase XXI in Gujarat. The contract, awarded on March 25, 2025, includes the supply of Balance of System (BoS) materials. KPI Green Energy had earlier secured the Letter of Award (LoA) for the 300 MW Khavda Solar PV Project…
Author: PPD Team Date: 05/02/2025 Indus Towers Limited (ITL) has signed an agreement with Amplus Energy Solutions Private Limited to set up a 50 MW captive solar photovoltaic (PV) power project in India. As part of the agreement, ITL will invest Rs 270 million to acquire a 26 per cent equity stake in Amplus Tungabhadra Private Limited, the special purpose vehicle (SPV) for the project. The project is expected to be completed by February 2026….
Author: PPD Team Date: 14/11/2024 Orlen Group has received a 3.5 billion zlotys ($866.6 million) loan from the European Investment Bank (EIB) to fund a major program aimed at modernizing and strengthening Poland’s electricity distribution network. The loan, to be disbursed in tranches over three years, will have a repayment period of up to 15 years. The initial tranche of financing is valued at 900 million zlotys. Energa Operator, Orlen’s distribution subsidiary, will lead the…
Author: PPD Team Date: 04/02/2025 Tata Power Trading Company Limited (TPTCL) has secured a contract from Power Grid Corporation of India Limited (PGCIL) for the sale of power from the 85 MW/105 MWp Nagda Solar Power Project in Madhya Pradesh. Bids for the contract were invited by PGCIL in November 2024. The scope includes selling the power procured from the project through various power and energy exchange products, such as the Green Day Ahead Market…
Author: PPD Team Date: 30/12/2024 The Expert Appraisal Committee (EAC) of the Ministry of Environment, Forest and Climate Change (MoEFCC) has recommended the grant of Terms of Reference (ToR) for the Indirasagar-Omkareshwar on-stream Pumped Storage Project (640 MW) by NHDC Limited in Madhya Pradesh. Located in Khandwa district, the project will require 198 hectares of forest land and an estimated investment of Rs. 47.56 billion. NHDC plans to develop the project on the right bank…