Author: PPD Team Date: 08/11/2024
Paradeep Transmission, a wholly-owned subsidiary of PFC Consulting created to develop the Eastern Region Expansion Scheme-XXXIV (ERES XXXIV), has been transferred to Tata Power Company.
The sale and transfer process to Tata Power, the successful bidder, was finalized on 06 November 2024. The sale consideration was determined as per guidelines set by the Ministry of Power, Government of India.
Author: PPD Team Date: 12/09/2024 Tamil Nadu has introduced the RePowering, Refurbishment, and Life Extension Policy 2024 for wind energy generators (WEGs), effective until March 31, 2030. The policy mandates that all WEGs completing their 20-year operational life must undertake repowering, refurbishment, or life extension projects, while participation remains voluntary for others. Projects connected to the state transmission utility (STU) will be implemented through the state nodal agency. WEGs opting for repowering will have 18…
Author: PPD Team Date: 08/04/2025 VSL Renewable Services has secured a three-year operation and maintenance contract for Andhra Pradesh Generation Company Limited’s (APGENCO) 527 MWp solar power plant in Tadipatri, Andhra Pradesh. The contract is designed to improve plant performance and ensure stable energy output. VSL will handle daily monitoring, predictive maintenance, and scheduling tasks to match electricity generation with grid needs. The deal includes a generation-linked guarantee, which ties payments to the plant’s ability…
Author: PPD Team Date: 18/02/2025 Eurus Energy Holdings Corporation (Eurus Energy) has commenced the commercial operation of the Ashikawa Wind Farm in Toyotomi Town, Hokkaido. With a capacity of 128.8 MW, this wind farm is part of the larger Dohoku Wind Power Generation Project, which aims to install 107 wind turbines across six wind farms in northern Hokkaido. Dohoku Wind Farm LLC, a group company of Eurus Energy, has completed the construction of the south…
Author: PPD Team Date: 19/12/2024 Honeywell has secured a contract to deliver building automation solutions for Exide Energy Solutions Ltd (EESL), a subsidiary of Exide Industries Ltd. The project will involve deploying Honeywell’s Enterprise Buildings Integrator (EBI) platform for centralized monitoring and control of the 80-acre lithium-ion gigafactory campus in Bengaluru. These solutions will enhance operational efficiency, improve incident response, optimize energy use, and bolster security during phase one of the facility’s construction. The gigafactory,…
Author: PPD Team Date: 19/12/2024 Alternus Clean Energy has finalized the acquisition of LiiON, LLC through an asset purchase agreement executed by one of its US subsidiaries. The $5 million deal combines debt and equity, granting Alternus LiiON’s customer contracts, service agreements, and partnerships. As part of the agreement, LiiON will provide an exclusive license to its intellectual property. The total consideration includes a $2 million non-convertible loan note, payable over three years, and 250,000…
Author: PPD Team Date: 10/03/2025 Shakti Pumps Limited has received a letter of award (LoA) from the Maharashtra Energy Development Agency (MEDA) to install 877 solar photovoltaic water pumping systems across Maharashtra. The project falls under Component B of the PM-KUSUM scheme for promoting solar energy in agriculture. The contract is valued at approximately Rs 239.1 million and is set for completion within 120 days. The scope of work includes designing, manufacturing, supplying, transporting, installing,…
Author: PPD Team Date: 12/09/2024 Tamil Nadu has introduced the RePowering, Refurbishment, and Life Extension Policy 2024 for wind energy generators (WEGs), effective until March 31, 2030. The policy mandates that all WEGs completing their 20-year operational life must undertake repowering, refurbishment, or life extension projects, while participation remains voluntary for others. Projects connected to the state transmission utility (STU) will be implemented through the state nodal agency. WEGs opting for repowering will have 18…
Author: PPD Team Date: 08/04/2025 VSL Renewable Services has secured a three-year operation and maintenance contract for Andhra Pradesh Generation Company Limited’s (APGENCO) 527 MWp solar power plant in Tadipatri, Andhra Pradesh. The contract is designed to improve plant performance and ensure stable energy output. VSL will handle daily monitoring, predictive maintenance, and scheduling tasks to match electricity generation with grid needs. The deal includes a generation-linked guarantee, which ties payments to the plant’s ability…
Author: PPD Team Date: 18/02/2025 Eurus Energy Holdings Corporation (Eurus Energy) has commenced the commercial operation of the Ashikawa Wind Farm in Toyotomi Town, Hokkaido. With a capacity of 128.8 MW, this wind farm is part of the larger Dohoku Wind Power Generation Project, which aims to install 107 wind turbines across six wind farms in northern Hokkaido. Dohoku Wind Farm LLC, a group company of Eurus Energy, has completed the construction of the south…
Author: PPD Team Date: 19/12/2024 Honeywell has secured a contract to deliver building automation solutions for Exide Energy Solutions Ltd (EESL), a subsidiary of Exide Industries Ltd. The project will involve deploying Honeywell’s Enterprise Buildings Integrator (EBI) platform for centralized monitoring and control of the 80-acre lithium-ion gigafactory campus in Bengaluru. These solutions will enhance operational efficiency, improve incident response, optimize energy use, and bolster security during phase one of the facility’s construction. The gigafactory,…
Author: PPD Team Date: 19/12/2024 Alternus Clean Energy has finalized the acquisition of LiiON, LLC through an asset purchase agreement executed by one of its US subsidiaries. The $5 million deal combines debt and equity, granting Alternus LiiON’s customer contracts, service agreements, and partnerships. As part of the agreement, LiiON will provide an exclusive license to its intellectual property. The total consideration includes a $2 million non-convertible loan note, payable over three years, and 250,000…
Author: PPD Team Date: 10/03/2025 Shakti Pumps Limited has received a letter of award (LoA) from the Maharashtra Energy Development Agency (MEDA) to install 877 solar photovoltaic water pumping systems across Maharashtra. The project falls under Component B of the PM-KUSUM scheme for promoting solar energy in agriculture. The contract is valued at approximately Rs 239.1 million and is set for completion within 120 days. The scope of work includes designing, manufacturing, supplying, transporting, installing,…
Author: PPD Team Date: 12/09/2024 Tamil Nadu has introduced the RePowering, Refurbishment, and Life Extension Policy 2024 for wind energy generators (WEGs), effective until March 31, 2030. The policy mandates that all WEGs completing their 20-year operational life must undertake repowering, refurbishment, or life extension projects, while participation remains voluntary for others. Projects connected to the state transmission utility (STU) will be implemented through the state nodal agency. WEGs opting for repowering will have 18…
Author: PPD Team Date: 08/04/2025 VSL Renewable Services has secured a three-year operation and maintenance contract for Andhra Pradesh Generation Company Limited’s (APGENCO) 527 MWp solar power plant in Tadipatri, Andhra Pradesh. The contract is designed to improve plant performance and ensure stable energy output. VSL will handle daily monitoring, predictive maintenance, and scheduling tasks to match electricity generation with grid needs. The deal includes a generation-linked guarantee, which ties payments to the plant’s ability…