Author: PPD Team Date: October 25, 2024
Sun Drops Energia Private Limited, a subsidiary of KPI Green Energy Limited, has received a letter of intent (LoI) to develop solar power projects with a total capacity of 9 MW under the company’s captive power producer (CPP) segment.
The projects are scheduled for completion in various tranches by May 2025.
Author: PPD Team Date: October 24, 2024 The Ministry of Coal has opened bids for the 10th round and the second attempt of the 9th and 8th rounds of commercial coal mine auctions. In the 10th round, 43 bids were received for 16 out of the 61 mines on offer. However, in the second attempt of the 9th round, only 1 bid was submitted for the 5 mines available. No bids were received for the…
Author: PPD Team Date: February 5, 2025 Welspun New Energy has signed a Memorandum of Understanding (MoU) with the Government of Odisha to invest Rs 135 billion in the state’s renewable energy sector. The investment includes plans for a 1,200 MW pumped hydro project and a 1,000 MW floating solar power project. These initiatives aim to boost Odisha’s energy storage capacity and support the integration of renewable energy into the grid, aligning with the state’s…
Author: PPD Team Date: March 18, 2026 Kansai Electric Power’s transmission and distribution subsidiary has invested about Rs 160 crore to acquire a 10% equity stake in Gurugram-based OMC Power. The transaction adds another Japanese corporate investor to the company’s shareholder base, taking the total to four. The investment follows earlier stakes by Mitsui & Co, Chubu Electric Power, and Honda Motor Corporation. The continued participation of Japanese companies indicates sustained interest in OMC Power’s…
Author: PPD Team Date: October 24, 2024 X-ELIO has announced the expansion of its Blue Grass Solar Farm, located in Queensland’s Western Downs, by integrating a 148 MW Battery Energy Storage System (BESS). This marks X-ELIO’s first hybrid solar and storage project in Australia. The project will be developed in two phases: the first phase will deliver 60 MW BESS by 2025, followed by an additional 88 MW BESS in the second phase by 2026….
Author: PPD Team Date: October 30, 2024 Polenergia and Equinor Wind Power have finalized charter agreements for crew transfer vessels (CTVs) to support the construction of the Baltyk 2 and Baltyk 3 offshore wind farms in the Polish Baltic Sea, each with a capacity of 720 MW. Project companies MFW Bałtyk II and MFW Bałtyk III, formed by the two firms, are overseeing these agreements. For each project, two CTVs have been contracted: one with…
Author: PPD Team Date: April 7, 2025 The power ministry has relaxed siting norms for load-serving substations under interstate transmission system (ISTS) schemes built through the tariff-based competitive bidding (TBCB) route. The revised norms apply to new substations—such as switching stations or HVDC terminals—developed by transmission service providers (TSPs). The change follows industry representations and is now reflected in the amended standard bidding documents (SBD), including the request for proposal (RfP) and transmission service agreement…