Author: PPD Team Date: 30/10/2024
Tata Power Company Limited (TPCL) has signed a share purchase agreement to acquire a 40% equity stake in Khorlochhu Hydro Power Limited (KHPL) for the development of a 600 MW hydropower project in Bhutan, valued at Rs 69 billion.
TPCL will invest approximately Rs 8.3 billion in cash over multiple tranches during the next five years.
Author: PPD Team Date: 30/10/2024 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 UK-based Njord…
Author: PPD Team Date: 14/07/2025 Rajasthan Rajya Vidyut Prasaran Nigam Limited (RVPNL) has approved transmission projects worth Rs 267.73 billion to boost the state’s power evacuation capacity, with a strong focus on green energy integration. The utility cleared 15 major schemes. These include nine 765 kV grid substations (GSS), four 400 kV GSS, and two 220 kV GSS. The upgrades are expected to improve power flow across key renewable energy zones. All projects exceeding Rs…
Author: PPD Team Date: 24/12/2024 Bangladesh owes Tripura Rs 20 billion for electricity supplied under an agreement with the Tripura State Electricity Corporation Limited. Tripura provides 60-70 MW of power, but the dues are increasing daily. Chief Minister Manik Saha stated that no decision has been made on halting the supply yet, but payment must be cleared to avoid disruptions. Tripura began supplying power in 2016 from its ONGC Tripura Power Company’s 726 MW plant….
Author: PPD Team Date: 05/12/2024 Mufin Green Finance has announced plans to finance Rs 5 billion worth of solar projects by 2026, marking its entry into the solar financing sector. The company recently closed its first solar financing deal worth Rs 32.5 million, supporting a rooftop solar installation at a manufacturing facility in Baroda, Gujarat, for a USD 3 billion company. Over the next two years, Mufin Green Finance aims to back 200,000 solar installations,…
Author: PPD Team Date: 05/12/2024 Schneider Electric has launched the Galaxy VXL uninterruptible power supply (UPS), claiming it to be the industry’s most compact, high-density UPS designed for AI, data centers, and large-scale electrical workloads. The Galaxy VXL offers 52% space savings compared to the industry average, delivering up to 1.25 MW of modular power with a power density of 1042 kW/m² in a smaller footprint. Additionally, Schneider Electric introduced a new data center reference…
Author: PPD Team Date: 20/06/2025 Tata Power Renewable Energy Limited (TPREL), a wholly owned subsidiary of Tata Power, has launched one of India’s most affordable solar rooftop offerings in Odisha under its ‘Ghar Ghar Solar’ campaign. The new offering enables residents to install rooftop solar systems with upfront payments starting at just Rs 2,499 for 1 kW. For 2 kW and 3 kW systems, the initial payments are Rs 4,999 and Rs 7,999 respectively. These…
Author: PPD Team Date: 30/10/2024 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 UK-based Njord…
Author: PPD Team Date: 14/07/2025 Rajasthan Rajya Vidyut Prasaran Nigam Limited (RVPNL) has approved transmission projects worth Rs 267.73 billion to boost the state’s power evacuation capacity, with a strong focus on green energy integration. The utility cleared 15 major schemes. These include nine 765 kV grid substations (GSS), four 400 kV GSS, and two 220 kV GSS. The upgrades are expected to improve power flow across key renewable energy zones. All projects exceeding Rs…
Author: PPD Team Date: 24/12/2024 Bangladesh owes Tripura Rs 20 billion for electricity supplied under an agreement with the Tripura State Electricity Corporation Limited. Tripura provides 60-70 MW of power, but the dues are increasing daily. Chief Minister Manik Saha stated that no decision has been made on halting the supply yet, but payment must be cleared to avoid disruptions. Tripura began supplying power in 2016 from its ONGC Tripura Power Company’s 726 MW plant….
Author: PPD Team Date: 05/12/2024 Mufin Green Finance has announced plans to finance Rs 5 billion worth of solar projects by 2026, marking its entry into the solar financing sector. The company recently closed its first solar financing deal worth Rs 32.5 million, supporting a rooftop solar installation at a manufacturing facility in Baroda, Gujarat, for a USD 3 billion company. Over the next two years, Mufin Green Finance aims to back 200,000 solar installations,…
Author: PPD Team Date: 05/12/2024 Schneider Electric has launched the Galaxy VXL uninterruptible power supply (UPS), claiming it to be the industry’s most compact, high-density UPS designed for AI, data centers, and large-scale electrical workloads. The Galaxy VXL offers 52% space savings compared to the industry average, delivering up to 1.25 MW of modular power with a power density of 1042 kW/m² in a smaller footprint. Additionally, Schneider Electric introduced a new data center reference…
Author: PPD Team Date: 20/06/2025 Tata Power Renewable Energy Limited (TPREL), a wholly owned subsidiary of Tata Power, has launched one of India’s most affordable solar rooftop offerings in Odisha under its ‘Ghar Ghar Solar’ campaign. The new offering enables residents to install rooftop solar systems with upfront payments starting at just Rs 2,499 for 1 kW. For 2 kW and 3 kW systems, the initial payments are Rs 4,999 and Rs 7,999 respectively. These…
Author: PPD Team Date: 30/10/2024 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 UK-based Njord…
Author: PPD Team Date: 14/07/2025 Rajasthan Rajya Vidyut Prasaran Nigam Limited (RVPNL) has approved transmission projects worth Rs 267.73 billion to boost the state’s power evacuation capacity, with a strong focus on green energy integration. The utility cleared 15 major schemes. These include nine 765 kV grid substations (GSS), four 400 kV GSS, and two 220 kV GSS. The upgrades are expected to improve power flow across key renewable energy zones. All projects exceeding Rs…