Author: PPD Team Date: 29/11/2024
THDC India Limited has initiated draft tube erection work in Unit 2 of the Vishnugad Pipalkoti Hydro Electric Project (HEP).
The project, with a total capacity of 444 MW, is situated on the Alaknanda River near Helong village in Uttarakhand. It is expected to be commissioned by December 2026.
Author: PPD Team Date: 09/12/2024 ReNew has commissioned 750 MW of its 1 GW solar project in Rajasthan, with the remaining 225 MW set to become operational by January 2025. The project, developed in partnership with the Solar Energy Corporation of India (SECI), is designed to supply clean energy exclusively to Rajasthan through three Power Purchase Agreements (PPAs). Part of the Make in India initiative, the project focuses on localisation, with 90% of the solar…
Author: PPD Team Date: 11/12/2024 Technip Energies, GE Vernova, and Balfour Beatty have been awarded the engineering, procurement, and construction contract for the Net Zero Teesside Power (NZT Power) project, the world’s first gas-fired power plant with carbon capture and storage (CCS). The UK government’s £21.7 billion ($13.87 billion) funding for carbon capture initiatives enabled the project’s financial close. The plant aims to generate 742MW of low-carbon electricity, enough to power one million UK homes,…
Author: PPD Team Date: 17/01/2025 Pertamina New & Renewable Energy (Pertamina NRE), a subsidiary of an Indonesian State-Owned Enterprise, has signed a share subscription agreement with Citicore Renewable Energy Corporation (CREC). Pertamina NRE will acquire a 20% stake in CREC by subscribing to 2,232,143,036 common shares at PhP 3.00 per share, amounting to approximately $115 million. This partnership gives Pertamina NRE access to CREC’s expertise in engineering, procurement, and construction (EPC) while supporting CREC’s regional…
Author: PPD Team Date: 12/02/2025 Australian Premium Solar (India) Limited has secured contracts worth Rs 1,498.27 million for the supply of solar panels, photovoltaic (PV) modules, and solar inverters. The contracts include Rs 910.84 million for supplying 540 Wp bifacial solar panels (both Domestic Content Requirement (DCR) and non-DCR), solar inverters ranging from 3.3 kW to 500 Wp, and monocrystalline solar PV modules of 500 Wp, 520 Wp, and 535 Wp. These orders are expected…
Author: PPD Team Date: 21/10/2024 Borosil Renewables, a leading solar glass manufacturer in India, has called on the government to impose an anti-dumping duty on Chinese solar glass imports to safeguard domestic producers. Shreevar Kheruka, Vice Chairman of Borosil Renewables, alleged that Chinese companies are exporting solar glass to India at prices significantly below their production costs, harming Indian manufacturers. These glasses are crucial for solar panel production, which is vital for India’s renewable energy…
Author: PPD Team Date: 12/11/2024 Sunkind has announced securing a 570 MW solar energy project from Maharashtra State Power Generation Company Limited (Mahagenco) under the Mukhyamantri Saur Krushi Vahini Yojana (MSKVY 2.0 scheme). The project includes a 569 MW EPC component and a 10.4 MWp ground-mounted solar PV agriculture feeder system at Satmane in Nashik, aimed at enhancing agricultural power distribution in the region. Sunkind’s CEO Hanish Gupta noted that the project will improve agricultural…