Author: PPD Team Date: 03/12/2024
Shimato Enterprises Private Limited signed a term sheet agreement with Constronics Infra Limited for the development of a 21 MW solar power project in Virudhunagar, Tamil Nadu on November 29, 2024.
As per the agreement, Shimato Enterprises along with its subsidiaries and associates will acquire land, design, supply and install the solar power project along with comprehensive Operation and Maintenance (O&M) on turnkey basis.
Author: PPD Team Date: 23/01/2025 Trincomalee Power Company Limited (TPCL), a joint venture between NTPC Limited and the Ceylon Electricity Board (CEB), is developing a 50 MW solar project in Sampoor, Trincomalee, Sri Lanka, with potential for expansion to 120 MW. The project’s tariff has been finalised at 5.97 US cents per unit. The Sampoor Solar Project is aligned with Sri Lanka’s renewable energy goals and will contribute to long-term energy security. The electricity generated…
Author: PPD Team Date: 24/12/2024 India and Kuwait have upgraded their relationship to a strategic partnership, focusing on defence, energy, trade, investment, and technology. During Prime Minister Narendra Modi’s first visit to Kuwait in 43 years, an MoU on defence was signed to enhance cooperation in training, joint exercises, and equipment supply. The two countries share strong energy ties, with bilateral trade reaching $10.47 billion in 2023-24. Kuwait is India’s sixth-largest crude supplier and fourth-largest…
Author: PPD Team Date: 08/05/2025 NTPC Renewable Energy Limited (NTPC REL), a subsidiary of NTPC Limited, has re-invited bids for an engineering, procurement, and construction (EPC) package to develop 500 MW of solar photovoltaic (PV) power projects in Gujarat’s Kutch district. The bid submission deadline is May 16, 2025. The projects will be split into two parts: a 275 MW solar PV project and a 225 MW solar PV project, both set to be part…
Author: PPD Team Date: 21/01/2025 Indonesia aims to boost its power capacity by 71 GW by 2034, with a significant emphasis on private sector investment. The government, in collaboration with PT PLN (Persero), will prioritize the development of transmission lines to support renewable energy generation, according to Energy Minister Bahlil Lahadalia. The strategy is part of PLN’s 2025-2034 power supply plan, which includes 48,000km of circuit transmission lines, supporting 60% of new power plants to…
Author: PPD Team Date: 22/10/2024 According to information provided to the Parliamentary Standing Committee on Science and Technology, India is currently installing at least 10 new nuclear reactors. The reactors, with a capacity of 700 MW each, are being developed in states including Gujarat, Rajasthan, and Haryana and are expected to become operational in the coming years. The committee was informed that two reactors—Kakrapar-3 and Kakrapar-4 in Gujarat—are fully synchronized with the grid and have…
Author: PPD Team Date: 30/10/2024 NTPC Green Energy, a subsidiary of NTPC Ltd, has received final approval from the Securities and Exchange Board of India (SEBI) to proceed with its Rs 100 billion initial public offering (IPO). As India’s largest public sector renewable energy enterprise (excluding hydro) by capacity and power generation in FY 2024, NTPC Green Energy initially filed its IPO documents with SEBI on September 18, 2024. As of June 30, 2024, NTPC…
Author: PPD Team Date: 23/01/2025 Trincomalee Power Company Limited (TPCL), a joint venture between NTPC Limited and the Ceylon Electricity Board (CEB), is developing a 50 MW solar project in Sampoor, Trincomalee, Sri Lanka, with potential for expansion to 120 MW. The project’s tariff has been finalised at 5.97 US cents per unit. The Sampoor Solar Project is aligned with Sri Lanka’s renewable energy goals and will contribute to long-term energy security. The electricity generated…
Author: PPD Team Date: 24/12/2024 India and Kuwait have upgraded their relationship to a strategic partnership, focusing on defence, energy, trade, investment, and technology. During Prime Minister Narendra Modi’s first visit to Kuwait in 43 years, an MoU on defence was signed to enhance cooperation in training, joint exercises, and equipment supply. The two countries share strong energy ties, with bilateral trade reaching $10.47 billion in 2023-24. Kuwait is India’s sixth-largest crude supplier and fourth-largest…
Author: PPD Team Date: 08/05/2025 NTPC Renewable Energy Limited (NTPC REL), a subsidiary of NTPC Limited, has re-invited bids for an engineering, procurement, and construction (EPC) package to develop 500 MW of solar photovoltaic (PV) power projects in Gujarat’s Kutch district. The bid submission deadline is May 16, 2025. The projects will be split into two parts: a 275 MW solar PV project and a 225 MW solar PV project, both set to be part…
Author: PPD Team Date: 21/01/2025 Indonesia aims to boost its power capacity by 71 GW by 2034, with a significant emphasis on private sector investment. The government, in collaboration with PT PLN (Persero), will prioritize the development of transmission lines to support renewable energy generation, according to Energy Minister Bahlil Lahadalia. The strategy is part of PLN’s 2025-2034 power supply plan, which includes 48,000km of circuit transmission lines, supporting 60% of new power plants to…
Author: PPD Team Date: 22/10/2024 According to information provided to the Parliamentary Standing Committee on Science and Technology, India is currently installing at least 10 new nuclear reactors. The reactors, with a capacity of 700 MW each, are being developed in states including Gujarat, Rajasthan, and Haryana and are expected to become operational in the coming years. The committee was informed that two reactors—Kakrapar-3 and Kakrapar-4 in Gujarat—are fully synchronized with the grid and have…
Author: PPD Team Date: 30/10/2024 NTPC Green Energy, a subsidiary of NTPC Ltd, has received final approval from the Securities and Exchange Board of India (SEBI) to proceed with its Rs 100 billion initial public offering (IPO). As India’s largest public sector renewable energy enterprise (excluding hydro) by capacity and power generation in FY 2024, NTPC Green Energy initially filed its IPO documents with SEBI on September 18, 2024. As of June 30, 2024, NTPC…
Author: PPD Team Date: 23/01/2025 Trincomalee Power Company Limited (TPCL), a joint venture between NTPC Limited and the Ceylon Electricity Board (CEB), is developing a 50 MW solar project in Sampoor, Trincomalee, Sri Lanka, with potential for expansion to 120 MW. The project’s tariff has been finalised at 5.97 US cents per unit. The Sampoor Solar Project is aligned with Sri Lanka’s renewable energy goals and will contribute to long-term energy security. The electricity generated…
Author: PPD Team Date: 24/12/2024 India and Kuwait have upgraded their relationship to a strategic partnership, focusing on defence, energy, trade, investment, and technology. During Prime Minister Narendra Modi’s first visit to Kuwait in 43 years, an MoU on defence was signed to enhance cooperation in training, joint exercises, and equipment supply. The two countries share strong energy ties, with bilateral trade reaching $10.47 billion in 2023-24. Kuwait is India’s sixth-largest crude supplier and fourth-largest…