Author: PPD Team Date: 15/10/2024
Sterling and Wilson Renewable Energy Ltd (SWREL) has reported its highest-ever outstanding order book, exceeding Rs 1,050 billion as of October 14, 2024.
In Q2 FY25 (July to September), SWREL recorded an order inflow of approximately Rs 205 billion, including an Rs 82.3 billion order received on October 14. All orders were from the domestic market.
Author: PPD Team Date: 27/02/2025 Adani Group has announced an investment of Rs 500 billion in Assam for airports, aerocities, city gas distribution, power transmission, cement, and road projects. The announcement was made at the Advantage Assam 2.0 Investment & Infrastructure Summit 2025 in Guwahati, where investors, policymakers, and industry leaders discussed the state’s economic potential. Additionally, Tata Power has signed an MoU with the Government of Assam to develop 5,000 MW of renewable energy…
Author: PPD Team Date: 24/10/2024 Power Grid Corporation of India Ltd (PGCIL) has received letters of intent (LoIs) for two interstate transmission system (ISTS) schemes for evacuating renewable energy from Rajasthan’s Renewable Energy Zone (REZ) Phase IV (6 GW) [Bikaner complex]. The LoIs were issued on October 21, 2024, with PGCIL confirming the notifications on October 22, 2024. The two schemes are: Transmission system for evacuation of power from Rajasthan REZ Phase IV (Part-3: 6…
Author: PPD Team Date: 06/11/2024 Westbridge Renewable Energy has completed the sale of its 75% stake in the Sunnynook solar and battery energy storage system (BESS) project to METLEN Energy & Metals. Located in Alberta’s Special Area No. 2, the 332 MWdc Sunnynook solar project includes a 200 MWh BESS and is approved by the Alberta Utilities Commission, currently progressing in the Alberta Electrical System Operator’s connection process. The C$41.4 million ($29.7 million) transaction involved…
Author: PPD Team Date: 16/12/2024 NorthWestern Energy has entered into a memorandum of understanding (MoU) with Grid United’s North Plains Connector to acquire a 10% stake in the 3GW HVDC transmission line project. The 420-mile (676 km) transmission line will link Bismarck, North Dakota, and Colstrip, Montana. Grid United will fund the development of the North Plains Connector, with NorthWestern Energy’s investment contingent on regulatory approvals. The project, developed jointly with ALLETE, will also involve…
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: 12/12/2024 NTPC Green Energy Limited has announced plans for a 20,000 MW transmission project in Andhra Pradesh. This project is intended to support NTPC Green’s forthcoming green hydrogen hub, which will be developed across 647.49 hectares at Pudimadaka. The transmission network will connect NTPC’s proposed solar project in Anantapur to the hydrogen hub, establishing a dedicated renewable energy (RE) system to facilitate the growth of green hydrogen production.