Virendra Dogra wins LoA for feasibility study of 30.85 MW hydro projects in Tripura
Author: PPD Team Date: January 22, 2025
Author: PPD Team Date: January 22, 2025
Virendra Dogra Power Projects Private Limited has secured the Letter of Award (LoA) for a feasibility study to develop 30.85 MW of mini, micro, and small hydroelectric projects (HEPs) in Tripura. The company quoted Rs 8.142 million for the project.
Tripura Power Generation Limited (TPGL) invited the bid in November 2023. The scope includes assessing the technical, commercial, and economic viability of developing these HEPs on a Build, Own, Operate, and Transfer (BOOT) basis.
The study will cover 10 HEPs, including the 15 MW Manu Small HEP, 6 MW Deo Small HEP, and 3 MW Khowai Small HEP, among others. The work is expected to be completed within 360 days from the LoA issuance.
This project supports Tripura’s goal of achieving 500 MW of renewable energy capacity by 2030.
Author: PPD Team Date: March 16, 2026 The National Company Law Tribunal (NCLT), Ahmedabad Bench, has approved the demerger of the Power Evacuation Business of Inox Green Energy Services Limited (IGESL) into Inox Renewable Solutions Limited (IRSL). The order was pronounced on March 13, 2026, and IGESL informed the stock exchanges of the development on March 14, 2026. The scheme has an appointed date of October 1, 2024. Under the arrangement, all assets, liabilities, contracts,…
Author: PPD Team Date: December 5, 2025 The International Geothermal Standard Committee was established on 26 November in Beijing, with Sinopec hosting its permanent Secretariat. Formed by the International Geothermal Association, the committee brings together 30 experts from 15 countries to advance unified global geothermal standards. The group adopted its Standard Development Procedures and the 2025–2027 Work Programme. It will develop a complete standards framework covering district heating, drilling and completion, power generation, reservoir engineering,…
Author: PPD Team Date: December 4, 2025 IndiGrid has signed definitive agreements to acquire Gadag Transmission Limited (GTL), an ISTS project in Karnataka, for an enterprise value of about Rs 372 crore. The deal excludes net working capital and cash adjustments and includes an earn out linked to Change In Law, availability, and bilateral billing, payable only if recovered. GTL is a BOOM asset developed as the first phase of a scheme to evacuate about…
Author: PPD Team Date: March 28, 2025 Syngene International Limited has increased its stake in O2 Renewable Energy Private Limited II from 26 percent to 33.79 percent. This move strengthens Syngene’s renewable energy consumption strategy while ensuring compliance with captive power requirements under the Electricity Act. The investment supports O2 Renewable Energy’s 201.2 MW wind-solar hybrid power plant in Kudligi Taluk, Bellary District, Karnataka. Syngene invested Rs 65 million through equity shares and compulsory convertible…
Author: PPD Team Date: January 16, 2025 Masdar, SOCAR Green, and ACWA Power have signed a memorandum of understanding (MoU) to develop 3.5 GW of offshore wind capacity in the Azerbaijan section of the Caspian Sea. These will be the country’s first offshore wind farms, supporting Azerbaijan’s renewable energy, green hydrogen, and water desalination goals. The MoU was signed by key leaders: Rovshan Najaf (SOCAR), Abdulaziz Alobaidli (Masdar), and Marco Arcelli (ACWA Power). The companies…
Author: PPD Team Date: February 28, 2025 Adani Saur Urja (LA) Limited, a subsidiary of Adani Green Energy Limited (AGEL), has received a Letter of Award (LoA) from Uttar Pradesh Power Corporation Limited (UPPCL) for energy storage capacity from the 1,250 MW Pumped Storage Project in the Sonbhadra district. The annual fixed cost payable under the LoA is Rs 76.53 million per MW per year, excluding taxes, for a 40-year period from the Commercial Operation…