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: 21/01/2025 Tata Power Delhi Distribution Ltd (Tata Power-DDL) has entered into a strategic partnership with Tata Power EV Charging Solutions Ltd (TPEVCSL) to develop public electric vehicle (EV) charging infrastructure across parking sites managed by the Municipal Corporation of Delhi (MCD). The agreement, signed on January 21, 2025, aims to foster the adoption of electric vehicles in Delhi, aligning with Tata Power-DDL’s Green Tomorrow vision and supporting India’s Net Zero emissions…
Author: PPD Team Date: 11/02/2025 Teerth Gopicon Private Limited has received a Letter of Intent (LoI) from Jaipur Vidyut Vitran Nigam Limited (JVVNL) for developing 39.4 MW grid-connected solar photovoltaic (PV) projects in Rajasthan under the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) program. The scope includes design, supply, installation, testing, commissioning, and 25 years of Operation and Maintenance (O&M). The project is set for completion within nine months. Additionally, Teerth Gopicon has…
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 Adani Energy Solutions Limited (AESL) established Adani Energy Solutions Step-Eleven Limited (AESSEL), a special purpose vehicle (SPV), on December 17, 2024. The SPV will focus on transmission, distribution, power supply, and other infrastructure services.
Author: PPD Team Date: 20/12/2024 Masali village in Gujarat’s Banaskantha district has become India’s first ‘solar village’ located on the border. The village, with a population of 800, is situated 40 km from the Pakistan border. All 199 houses in the village now have solar panels installed, generating 100% of the village’s electricity needs. The project, worth Rs 11.6 million, provides a total of 225.5 kilowatts of power, exceeding the electricity requirements of each home….
Author: PPD Team Date: 26/11/2024 National Grid Renewables has signed a power purchase agreement (PPA) with the Illinois Municipal Electric Agency (IMEA) for the 150 MW Bee Hollow solar project in St. Clair County, Illinois. Construction is slated to start in 2025, expanding the company’s solar capacity in Illinois to 350 MW, including the Prairie Wolf solar project in Coles County. The Bee Hollow project is expected to generate $34 million in economic benefits over…