Author: PPD Team Date: 04/12/2024
Solex Energy Limited has won a Rs 188.74 million contract from Thenpandian Energy Innovations Private Limited to supply solar modules for a 13 MW solar photovoltaic (PV) power project in India.
The contract, awarded on November 30, 2024, involves the delivery of MONO BIFACIAL M10 PV modules.
The modules will be supplied within six months from the contract’s award date.
Author: PPD Team Date: 23/10/2024 SB Energy Global, backed by SoftBank Group, has commenced commercial operations for the Orion Solar Belt projects—Orion I, Orion II, and Orion III—in Milam County, Texas. The combined capacity of these utility-scale solar projects is 875 MWdc, contributing to the Texas power grid. The project utilizes over 1.3 million American-made solar modules, featuring domestic steel and components, emphasizing SB Energy’s commitment to supporting local industries and sustainable energy practices. The…
Author: PPD Team Date: 28/01/2025 ACME Solar signs PPA with NHPC for 680 MW renewable energy ACME Solar Holdings Private Limited has signed a 25-year power purchase agreement (PPA) with NHPC Limited to develop a 680 MW firm and dispatchable renewable energy (FDRE) power project. In February 2024, ACME Solar secured the 680 MW capacity by quoting a tariff of Rs 4.64 per kWh during NHPC’s FDRE auction. Earlier, in September 2023, NHPC invited Request…
Author: PPD Team Date: 13/01/2025 SJVN Limited plans to commission Unit-I of the Chausa Coal-Based Power Project, also called the Buxar Thermal Power Plant, by March 2025. The project, located in Chausa, Buxar district, Bihar, involves two units of 660 MW each and is being developed at an estimated cost of Rs 104.39 billion. Of this, 70% is being arranged through debt financing. Larsen & Toubro Limited (L&T) is serving as the engineering, procurement, and…
Author: PPD Team Date: 27/01/2025 Jyoti Structures secures Rs 7,412.8 million PGCIL contract for HVDC line Jyoti Structures Limited won a contract worth Rs 7,412.8 million from Power Grid Corporation of India Limited (PGCIL) for Transmission Line package TL01 for 800 kV high voltage direct current (HVDC) Bipole Line (Hexa Lapwing) between KPS2 (HVDC) and Nagpur (HVDC) (with dedicated metallic return) – Part-1 for the Transmission System for Evacuation of Power from potential renewable energy…
Author: PPD Team Date: 18/10/2024 BP is exploring the sale of a minority stake in its offshore wind division to offset the substantial development costs associated with its projects, as reported by Reuters. This move follows shareholder pressure over BP’s 2020 energy transition strategy, as profits from renewables have fallen while oil and gas margins have risen. The company has engaged Bank of America to identify potential partners as it seeks to reduce its financial…
Author: PPD Team Date: 12/12/2024 Chenab Valley Power Projects Private Limited (CVPP) has initiated dam concrete works for the Kwar Hydro Electric Project. The project, a run-of-river (RoR) scheme, is located across the Chenab River near Padyarna village in the Kishtwar district of Jammu. The project, being developed at an estimated cost of Rs 49.49 billion, is a key part of the region’s renewable energy infrastructure development.