Author: PPD Team Date: September 18, 2025 The Telangana government is preparing to establish a new electricity distribution company by restructuring the Northern Power Distribution Company of Telangana Limited (NPDCL) and the Southern Power Distribution Company of Telangana Limited (SPDCL). The new entity will focus on supplying power to agriculture, lift irrigation projects, drinking water systems, and the Greater Hyderabad Municipal Corporation (GHMC) region. Chief Minister A Revanth Reddy has instructed officials to prepare a…
Author: PPD Team Date: January 10, 2025 Energy infrastructure company LS Power has acquired Algonquin Power & Utilities’ renewable energy business, adding over 3GW of wind and solar assets across the US and Canada to its portfolio. This expands LS Power’s renewable energy capacity, which exceeds 23GW. The acquisition, agreed upon in August 2024, has led to the creation of Clearlight Energy, a new entity managing 44 projects and advancing a 1.8GW development pipeline. Clearlight…
Author: PPD Team Date: November 26, 2024 GE Vernova has won a contract from Powerlink, Queensland’s state-owned transmission utility, to supply equipment for its Capital Work program. The agreement includes the delivery of 69 Dead Tank Circuit Breakers (DTCBs), rated 245kV and above, to bolster Queensland’s renewable energy integration and enhance power infrastructure resilience. Manufactured by GE Vernova’s Grid Solutions business at its Suzhou, China factory, the DTCBs will be delivered between August 2025 and…
Author: PPD Team Date: July 28, 2025 India’s first tender for small nuclear reactors aimed at high-emission industries has drawn interest from major private companies. The project could lead to investments worth up to Rs 50,000 crore. Nuclear Power Corporation of India Ltd (NPCIL) has invited bids to build Bharat Small Reactors (BSRs) with a capacity of 220 megawatts (MW) each, intended for use in sectors such as steel and aluminium. The bid submission deadline…
Author: PPD Team Date: October 22, 2024 JSW Neo Energy Limited (JSWNEL), a subsidiary of JSW Energy Limited, has acquired three special purpose vehicles (SPVs)—Hetero Wind Power Limited, Hetero Wind Power (Pennar) Private Limited, and Hetero Med Solutions Limited—from Hetero Labs Limited and Hetero Drugs Limited. These SPVs have a combined wind energy capacity of 125 MW. This acquisition aligns with JSW Neo Energy’s strategy to expand its renewable portfolio and supports its goal of…
Author: PPD Team Date: January 16, 2025 The UAE has launched the world’s first large-scale, round-the-clock gigascale energy storage project in Abu Dhabi, combining a 5.2GW solar power plant with a 19GWh battery energy storage system (BESS). The initiative enables the UAE to dispatch renewable energy 24/7, addressing intermittency challenges that have hindered renewable energy deployment globally. The project will deliver 1GW of baseload power daily from renewable sources and is a major step in…