Author: PPD Team Date: 03/12/2024
Sterling and Wilson Renewable Energy Ltd (SWREL) has secured a Rs 5.04 billion contract to develop a solar photovoltaic (PV) plant in Rajasthan.
The project, awarded by an independent power producer, involves the supply, installation, and commissioning of a 305 MW AC / 396 MWp DC PV system.
Author: PPD Team Date: 25/02/2025 PFC Consulting Limited (PFCCL) re-invited Request for Proposal (RfP) bids for selection of transmission service provider (TSP) through tariff-based competitive bidding (TBCB) process for the “Construction of 400/220/132 kV Grid Sub-station with associated transmission lines at Joda/Barbil and LILO of 400 kV Kaniha-Bisra D/C line at 400 kV Sub-station Joda” on February 19, 2025. The bid submission deadline is April 25, 2025. The process was initially launched in July 2023…
Author: PPD Team Date: 18/10/2024 Constellation Energy has placed a $100 million order for a main power transformer, marking a critical step in the revival of the Three Mile Island nuclear reactor in Pennsylvania, according to Reuters. The transformer is the largest single piece of equipment needed for the reactor’s restart. Constellation has committed to investing $1.6 billion by 2028 to bring the plant back online. Following a detailed survey of the site, which assessed…
Author: PPD Team Date: 31/12/2024 A China-based firm has successfully ignited the world’s first 30MW-class pure hydrogen gas turbine, called Jupiter I. Developed by Mingyang Group and several research teams, the turbine offers a significant solution for renewable energy storage by converting hydrogen back into electricity during peak hours. The turbine addresses the challenge of renewable energy waste during off-peak hours, converting excess electricity into hydrogen for storage. This “power-to-hydrogen-back-to-power” method results in carbon-free power…
Author: PPD Team Date: 01/10/2024 Power Grid Corporation of India Ltd (PGCIL) has entered into a shareholder agreement with state transmission utility Rajasthan Rajya Vidyut Prasaran Ltd (RVPNL) to establish a joint venture (JV) company. As per a stock exchange filing, PGCIL will hold a 74% equity stake in the JV, while RVPNL will own the remaining 26%. The proposed JV aims to execute projects valued at up to Rs 10 billion in a phased…
Author: PPD Team Date: 15/10/2024 Saatvik Green Energy has secured a contract with Maharashtra State Power Generation Co. Ltd (MAHAGENCO) to supply 200 MW of n-type TOPCon 580 Wp modules to various locations across Maharashtra. The total value of the order is estimated at INR 30.2 billion. With a module manufacturing capacity of 3.8 GW as of FY24-25, Saatvik is strategically expanding and developing PV modules with advanced zero-busbar and 24-busbar technology. The company is…
Author: PPD Team Date: 23/01/2025 Avaada Group has completed Rs 85 billion in financing and refinancing for nine projects across various sectors, including utility-scale solar projects, agrivoltaic projects under the PM-KUSUM scheme, merchant power generation projects, commercial and industrial (C&I) solar projects, and solar module manufacturing facilities. The financing was secured through multiple transactions with a range of lenders, including public-sector banks like the State Bank of India and Union Bank, as well as financial…
Author: PPD Team Date: 25/02/2025 PFC Consulting Limited (PFCCL) re-invited Request for Proposal (RfP) bids for selection of transmission service provider (TSP) through tariff-based competitive bidding (TBCB) process for the “Construction of 400/220/132 kV Grid Sub-station with associated transmission lines at Joda/Barbil and LILO of 400 kV Kaniha-Bisra D/C line at 400 kV Sub-station Joda” on February 19, 2025. The bid submission deadline is April 25, 2025. The process was initially launched in July 2023…
Author: PPD Team Date: 18/10/2024 Constellation Energy has placed a $100 million order for a main power transformer, marking a critical step in the revival of the Three Mile Island nuclear reactor in Pennsylvania, according to Reuters. The transformer is the largest single piece of equipment needed for the reactor’s restart. Constellation has committed to investing $1.6 billion by 2028 to bring the plant back online. Following a detailed survey of the site, which assessed…
Author: PPD Team Date: 31/12/2024 A China-based firm has successfully ignited the world’s first 30MW-class pure hydrogen gas turbine, called Jupiter I. Developed by Mingyang Group and several research teams, the turbine offers a significant solution for renewable energy storage by converting hydrogen back into electricity during peak hours. The turbine addresses the challenge of renewable energy waste during off-peak hours, converting excess electricity into hydrogen for storage. This “power-to-hydrogen-back-to-power” method results in carbon-free power…
Author: PPD Team Date: 01/10/2024 Power Grid Corporation of India Ltd (PGCIL) has entered into a shareholder agreement with state transmission utility Rajasthan Rajya Vidyut Prasaran Ltd (RVPNL) to establish a joint venture (JV) company. As per a stock exchange filing, PGCIL will hold a 74% equity stake in the JV, while RVPNL will own the remaining 26%. The proposed JV aims to execute projects valued at up to Rs 10 billion in a phased…
Author: PPD Team Date: 15/10/2024 Saatvik Green Energy has secured a contract with Maharashtra State Power Generation Co. Ltd (MAHAGENCO) to supply 200 MW of n-type TOPCon 580 Wp modules to various locations across Maharashtra. The total value of the order is estimated at INR 30.2 billion. With a module manufacturing capacity of 3.8 GW as of FY24-25, Saatvik is strategically expanding and developing PV modules with advanced zero-busbar and 24-busbar technology. The company is…
Author: PPD Team Date: 23/01/2025 Avaada Group has completed Rs 85 billion in financing and refinancing for nine projects across various sectors, including utility-scale solar projects, agrivoltaic projects under the PM-KUSUM scheme, merchant power generation projects, commercial and industrial (C&I) solar projects, and solar module manufacturing facilities. The financing was secured through multiple transactions with a range of lenders, including public-sector banks like the State Bank of India and Union Bank, as well as financial…
Author: PPD Team Date: 25/02/2025 PFC Consulting Limited (PFCCL) re-invited Request for Proposal (RfP) bids for selection of transmission service provider (TSP) through tariff-based competitive bidding (TBCB) process for the “Construction of 400/220/132 kV Grid Sub-station with associated transmission lines at Joda/Barbil and LILO of 400 kV Kaniha-Bisra D/C line at 400 kV Sub-station Joda” on February 19, 2025. The bid submission deadline is April 25, 2025. The process was initially launched in July 2023…
Author: PPD Team Date: 18/10/2024 Constellation Energy has placed a $100 million order for a main power transformer, marking a critical step in the revival of the Three Mile Island nuclear reactor in Pennsylvania, according to Reuters. The transformer is the largest single piece of equipment needed for the reactor’s restart. Constellation has committed to investing $1.6 billion by 2028 to bring the plant back online. Following a detailed survey of the site, which assessed…