Author: PPD Team Date: 12/11/2024
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UP and MP float bids for 6,100 MW power and storage capacity
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CIL and GAIL form JV for coal-to-SNG project in Eastern Coalfields
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…
Global solar and battery storage costs to decline further in 2025
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…