Author: PPD Team Date: 12/11/2024
Sugs Lloyd has emerged as the lowest bidder for two Bihar government projects worth Rs 3 billion.
The contracts include the supply, installation, testing, and commissioning (SITC) of a power substation along with high-tension (HT) and low-tension (LT) lines.
CEO Satyakam Basu expressed excitement over this milestone, noting that the company is considering an IPO to expand operations and fulfil working capital needs.
Author: PPD Team Date: 04/11/2024 AM Green has placed an order with John Cockerill for a 1.3 GW advanced pressurised alkaline electrolyser for its existing plant in Kakinada, Andhra Pradesh. This marks the largest electrolyser order in India to date. The project, set to begin production in the second half of 2026, will supply electrolysers in two phases of 640 MW each. It aims to produce green hydrogen and convert it into green ammonia. In…
Author: PPD Team Date: 07/07/2025 The Ministry of Coal (MoC) has officially launched a new exploration module on the Single Window Clearance System (SWCS) portal. The module, developed in partnership with the Central Mine Planning and Design Institute Limited (CMPDIL), went live on July 4, 2025. This digital interface enables coal block allottees to submit exploration proposals online, including scheme vetting, updates, and final geological reports. It supports end-to-end processing with real-time tracking, automated document…
Author: PPD Team Date: 13/05/2025 Uttar Pradesh Power Corporation Limited (UPPCL) and M.P. Power Management Company Limited have issued bids to procure a combined 6,100 MW of power and storage capacity. UPPCL has invited bids to procure 2,000 MW of energy storage capacity from grid connected pumped hydro storage plant/s located anywhere in India. The projects will be developed on a build, own, operate, and manage (BOOM) basis. The last date for bid submission is…
Author: PPD Team Date: 24/03/2025 Torrent Green Energy Private Limited (TGEPL), a wholly owned subsidiary of Torrent Power Limited (TPL), has incorporated multiple subsidiaries to implement renewable energy projects in India. The company recently set up eight wholly owned subsidiaries—Torrent Urja 39 Private Limited, Torrent Urja 40 Private Limited, Torrent Urja 41 Private Limited, Torrent Urja 42 Private Limited, Torrent Urja 43 Private Limited, Torrent Urja 44 Private Limited, Torrent Urja 45 Private Limited, and…
Author: PPD Team Date: 27/03/2025 Coal India Limited (CIL) and GAIL (India) Limited have joined forces to establish Coal Gas India Limited, a joint venture aimed at developing a coal-to-synthetic natural gas (SNG) project at Eastern Coalfields. The project leverages CIL’s coal resources and GAIL’s expertise in natural gas processing and distribution to convert coal into SNG, providing an alternative source of natural gas. The Eastern Coalfields location offers access to significant coal reserves and…
Author: PPD Team Date: 07/02/2025 A BloombergNEF report forecasts a decline in the levelized cost of electricity (LCOE) for grid-scale solar and battery energy storage in 2025. LCOE, which measures lifetime costs divided by energy production, enables cost comparisons across energy technologies. The report projects that the LCOE of fixed-axis utility-scale solar projects will decline 2% year-over-year, from $36 per MWh in 2024 to $35 per MWh in 2025. By 2035, this is expected…