Author: PPD Team Date: October 30, 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: August 1, 2025 The Odisha government has requested early clearance of Rs 3,069 crore under the revamped distribution sector scheme (RDSS) to strengthen its power distribution system and reduce technical and commercial losses. The proposed funding will support infrastructure modernisation, prepaid smart metering for consumers, and system-level metering. The plan aligns with RDSS goals to improve power reliability and cut losses nationwide. As part of its submission, the state has proposed…
Author: PPD Team Date: November 6, 2024 The New South Wales (NSW) government has approved an amendment to expand the Liverpool Range wind project to 1.3 GW by utilizing fewer, more efficient turbines. Initially approved in 2018, the project modification requested in 2022 aims to boost energy generation with updated technology and a reduced turbine count. Located northeast of Mudgee in NSW’s Central-West Orana Renewable Energy Zone (REZ), the $2 billion investment will create 550…
Author: PPD Team Date: October 28, 2024 Offshore contractor DEME has secured a contract to transport and install inter-array cables and secondary steel components for the 800 MW OranjeWind offshore wind farm in the Dutch North Sea. The wind farm, located 53 km from the Dutch coast, is a joint venture between RWE and TotalEnergies. DEME’s scope includes the installation of 114 km of inter-array cables connecting 53 foundations to the offshore substation. Scheduled to…
Author: PPD Team Date: February 11, 2026 Nuclear Power Corporation of India Limited (NPCIL) announced that Unit 7 of the Rajasthan Atomic Power Project (RAPP-7) achieved its rated power operation of 700 MW for the first time on February 10, 2026, at 05:15 hours. The milestone marks a key step in India’s indigenous nuclear power programme. The 700 MW Pressurised Heavy Water Reactor (PHWR), developed indigenously by NPCIL, reached full power after a series of…
Author: PPD Team Date: January 15, 2026 Power Grid Corporation of India (PGCIL) has inaugurated the nation’s first 315 MVA, 400/220/33 kV transformer filled with synthetic ester oil at its Bhiwadi substation in Rajasthan. The installation marks a significant step toward more environmentally conscious and safer grid infrastructure. The commissioning event was attended by senior PGCIL leadership, including Chairman and Managing Director (CMD) Dr. R. K. Tyagi. He was accompanied by Director (Finance) Shri G….
Author: PPD Team Date: January 21, 2025 Convergent Energy and Power has secured a $584.5 million loan from the US Department of Energy (DOE) to develop solar and battery storage systems in Puerto Rico. The funding is part of the Energy Infrastructure Reinvestment program, under the Inflation Reduction Act, which supports projects that repurpose or replace energy infrastructure to reduce emissions and improve environmental outcomes. Convergent will install a 100MW solar photovoltaic (PV) system and…