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: 10/06/2025 REC Limited has received approval from the Central Board of Direct Taxes (CBDT), Ministry of Finance, to issue zero coupon bonds worth Rs 50 billion. These bonds will have a tenure of ten years and six months. They will be issued at a deep discount and redeemed at face value upon maturity. The structure offers tax benefits to investors under the Income Tax Act, 1961. REC had previously launched a…
Author: PPD Team Date: 21/11/2024 Innagreen and Cowessess First Nation have inaugurated the Bekevar Wind Farm, a 200MW renewable energy project in Saskatchewan. Supplying enough zero-emission power to meet the needs of 100,000 homes annually, the project highlights the collaboration between commercial energy companies and Indigenous communities in Canada’s clean energy transition. Bekevar, located across Hazlewood, Kingsley, and Cowessess First Nation reserve lands, is jointly owned by Innagreen (83%) and Cowessess First Nation (17%). Featuring…
Author: PPD Team Date: 10/01/2025 Uniper has completed the sale of its 428MW Gönyű gas-fired power plant in Hungary to French utility Veolia. The financial terms were not disclosed. The transaction transferred 100% of Uniper Hungary Energetikai’s shares to Veolia Invest Hungary, an affiliate of Veolia, following a February 2024 agreement. The Gönyű plant, operational since 2011, was refurbished in 2017 and 2021. Veolia’s acquisition expands its portfolio to 2.4 GW, enough to power 2.6…
Author: PPD Team Date: 28/05/2025 Greenko Energies Private Limited (GEPL) is expected to commission the 1,680 MW Pinnapuram Hydro Electric Power Project by September 2025. The project forms part of the broader Pinnapuram Integrated Renewable Energy Project (IREP) being developed in Kurnool district, Andhra Pradesh. The Pinnapuram IREP combines solar, wind, and pumped hydro energy storage in a single integrated system. With an investment of Rs 54.68 billion, it is designed to deliver reliable, dispatchable…
Author: PPD Team Date: 29/11/2024 State Grid Corporation of China (SGCC) has connected the Gan 1 section of the ±800 kV Ningxia–Hunan ultra-high voltage direct current (UHVDC) transmission project to the grid. Located in Gansu, this marks the completion of the first segment of the 1,634-km project, one month ahead of schedule. The UHVDC line begins in Zhongwei, Ningxia, near the Tengger Desert, traverses Gansu, Shaanxi, Chongqing, and Hubei provinces, and ends in Hunan. The…
Author: PPD Team Date: 12/05/2025 ACME Sikar Solar Private Limited, a subsidiary of ACME Solar Holdings, commissioned 52.5 MW under Phase-I of its 300 MW solar power project in Bikaner, Rajasthan, on May 9, 2025. The project, financed by Power Finance Corporation Limited (PFC), spans about 1,300 acres. Once fully operational, it is expected to generate 780 million units of clean electricity annually. Power from the project will be sold on power exchanges at Rs…
Author: PPD Team Date: 10/06/2025 REC Limited has received approval from the Central Board of Direct Taxes (CBDT), Ministry of Finance, to issue zero coupon bonds worth Rs 50 billion. These bonds will have a tenure of ten years and six months. They will be issued at a deep discount and redeemed at face value upon maturity. The structure offers tax benefits to investors under the Income Tax Act, 1961. REC had previously launched a…
Author: PPD Team Date: 21/11/2024 Innagreen and Cowessess First Nation have inaugurated the Bekevar Wind Farm, a 200MW renewable energy project in Saskatchewan. Supplying enough zero-emission power to meet the needs of 100,000 homes annually, the project highlights the collaboration between commercial energy companies and Indigenous communities in Canada’s clean energy transition. Bekevar, located across Hazlewood, Kingsley, and Cowessess First Nation reserve lands, is jointly owned by Innagreen (83%) and Cowessess First Nation (17%). Featuring…
Author: PPD Team Date: 10/01/2025 Uniper has completed the sale of its 428MW Gönyű gas-fired power plant in Hungary to French utility Veolia. The financial terms were not disclosed. The transaction transferred 100% of Uniper Hungary Energetikai’s shares to Veolia Invest Hungary, an affiliate of Veolia, following a February 2024 agreement. The Gönyű plant, operational since 2011, was refurbished in 2017 and 2021. Veolia’s acquisition expands its portfolio to 2.4 GW, enough to power 2.6…
Author: PPD Team Date: 28/05/2025 Greenko Energies Private Limited (GEPL) is expected to commission the 1,680 MW Pinnapuram Hydro Electric Power Project by September 2025. The project forms part of the broader Pinnapuram Integrated Renewable Energy Project (IREP) being developed in Kurnool district, Andhra Pradesh. The Pinnapuram IREP combines solar, wind, and pumped hydro energy storage in a single integrated system. With an investment of Rs 54.68 billion, it is designed to deliver reliable, dispatchable…
Author: PPD Team Date: 29/11/2024 State Grid Corporation of China (SGCC) has connected the Gan 1 section of the ±800 kV Ningxia–Hunan ultra-high voltage direct current (UHVDC) transmission project to the grid. Located in Gansu, this marks the completion of the first segment of the 1,634-km project, one month ahead of schedule. The UHVDC line begins in Zhongwei, Ningxia, near the Tengger Desert, traverses Gansu, Shaanxi, Chongqing, and Hubei provinces, and ends in Hunan. The…
Author: PPD Team Date: 12/05/2025 ACME Sikar Solar Private Limited, a subsidiary of ACME Solar Holdings, commissioned 52.5 MW under Phase-I of its 300 MW solar power project in Bikaner, Rajasthan, on May 9, 2025. The project, financed by Power Finance Corporation Limited (PFC), spans about 1,300 acres. Once fully operational, it is expected to generate 780 million units of clean electricity annually. Power from the project will be sold on power exchanges at Rs…
Author: PPD Team Date: 10/06/2025 REC Limited has received approval from the Central Board of Direct Taxes (CBDT), Ministry of Finance, to issue zero coupon bonds worth Rs 50 billion. These bonds will have a tenure of ten years and six months. They will be issued at a deep discount and redeemed at face value upon maturity. The structure offers tax benefits to investors under the Income Tax Act, 1961. REC had previously launched a…
Author: PPD Team Date: 21/11/2024 Innagreen and Cowessess First Nation have inaugurated the Bekevar Wind Farm, a 200MW renewable energy project in Saskatchewan. Supplying enough zero-emission power to meet the needs of 100,000 homes annually, the project highlights the collaboration between commercial energy companies and Indigenous communities in Canada’s clean energy transition. Bekevar, located across Hazlewood, Kingsley, and Cowessess First Nation reserve lands, is jointly owned by Innagreen (83%) and Cowessess First Nation (17%). Featuring…