Author: PPD Team Date: 12/11/2024
Voltamp Transformers Limited has received a Letter of Intent (LoI) valued at Rs 2,633.3 million from Gujarat Energy Transmission Corporation Limited (GETCO) for the design, manufacturing, testing, and supply of various ratings of power transformers.
The project, awarded on November 5, 2024, is expected to be completed within 12 months.
Author: PPD Team Date: 21/01/2025 Taiwan has slashed its 2025 budget for Taiwan Power (Taipower) by T$100 billion ($3.1 billion), sparking fears of electricity price hikes that could affect industries, including global semiconductor manufacturers, Bloomberg reported. The Democratic Progressive Party (DPP), led by President Lai Ching-te, lost its parliamentary majority in 2024, allowing the opposition Kuomintang (KMT) and Taiwan People’s Party to propose significant budget cuts. These include a record T$214.7 billion ($6.55 billion) reduction…
Author: PPD Team Date: 11/11/2024 India’s climate policies are on track to reduce carbon dioxide emissions by around four billion tonnes from 2020 to 2030, leading to a 24% drop in coal-based power generation, according to a report by the Council on Energy, Environment and Water (CEEW). This projection surpasses India’s COP26 commitment to reduce emissions by one billion tonnes by 2030. CEEW’s analysis reveals that policies across India’s power, residential, and transport sectors saved…
Author: PPD Team Date: 13/02/2025 Salzer Electronics Ltd, a new player in the smart meter manufacturing industry, has successfully delivered its first commercial order of 25,000 smart meters, valued at approximately Rs 50 million, during the third quarter (Q3: October to December) of FY25. The company is optimistic about receiving further orders from the same client. Rajesh Doraiswamy, Joint Managing Director of Salzer Electronics, expressed pride in the achievement, stating that the dispatch of the…
Author: PPD Team Date: 10/02/2025 A consortium of Hitachi Energy India Ltd and Bharat Heavy Electricals Ltd (BHEL) has received a Letter of Intent (LoI) from Rajasthan Part I Power Transmission Ltd, a wholly-owned subsidiary of Adani Energy Solutions Ltd (AESL) for the Rajasthan high-voltage direct current (HVDC) transmission project. The project involves setting up two HVDC line-commutated converter (LCC) terminal stations of 6,000 MW each at Bhadla and Fatehpur. Additionally, an 800 kV HVDC…
Author: PPD Team Date: 22/01/2025 Jupiter International Limited has received an order worth over Rs 30 million from the West Bengal Khadi & Village Industries Board (WBKVIB). The project involves the supply, installation, and maintenance of rooftop grid-connected solar photovoltaic (PV) power plants across 23 locations in West Bengal. The total capacity will be approximately 0.5 MW. The project is expected to be completed within 365 days from the start date.
Author: PPD Team Date: 13/03/2025 Indonesia has launched a floating solar power plant on the Cirata Reservoir, 107 kilometers southeast of Jakarta. Covering 4% of the reservoir, its 13 solar arrays generate up to 192 MW, making it the world’s third-largest floating solar installation. The project is a collaboration between PLN Nusantara Power, a unit of Indonesia’s state-owned power company, Perusahaan Listrik Negara (PLN), and Masdar, a renewable energy firm based in the United Arab…