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Ormat Technologies to build 101MW geothermal plant in New Zealand
Ormat Technologies has signed a $200 million engineering, procurement, and construction (EPC) contract with Contact Energy for the development of the 101 MW Te Mihi Stage 2 geothermal power plant in New Zealand. Scheduled for completion by mid-2027, this project will contribute to New Zealand’s renewable energy goals by gradually replacing the 1950s-built Wairakei geothermal…
Sugs Lloyd wins T&D contracts in Bihar and Odisha
Sugs Lloyd Ltd has secured power transmission and distribution (T&D) contracts worth Rs 74.35 crore across Bihar and Odisha. In Bihar, the company received two key projects from North Bihar Power Distribution Company Limited (NBPDCL). The main contract covers turnkey development of five new 33/11 kV substations with associated transmission lines in Kishanganj district. This…
Bescom sees loss reduction after underground and aerial cable push
Bangalore Electricity Supply Company (Bescom) has reduced its distribution losses to 8.44 per cent in 2024–25, down from 12.27 per cent in 2019–20. The improvement follows large-scale underground and aerial cabling works launched in 2019–20, covering over 12,800 km at Rs 5,031.65 crore. The decline in losses is linked to reduced theft, better metering, and…
Omega Seiki Mobility to launch hydrogen-powered three-wheelers
Omega Seiki Mobility (OSM) plans to roll out hydrogen-powered three-wheelers in India by the end of this financial year. The company is collaborating with state governments to initiate pilot projects, involving 50 to 100 vehicles, with plans for subsequent expansion. In partnership with Systemics, OSM has formed Hydrogen Intelligence, a joint venture that developed hydrogen-powered…
KPI Green signs MoU with Gujarat for 855 MW renewable projects
KPI Green Energy Limited has signed a Memorandum of Understanding (MoU) with the Government of Gujarat to develop renewable energy projects with a proposed investment of around Rs 4,000 crore. The MoU was signed on January 12, 2026, in Rajkot. Under the agreement, KPI Green plans to develop renewable energy projects with a combined capacity…
Germany introduces hydrogen capacity reservation framework from 2026
Germany’s hydrogen network operators have announced guidelines for capacity reservations set to take effect in early 2026. The framework allows market participants to secure binding reservations at entry and exit points within designated network clusters, providing planning certainty and supporting the development of hydrogen infrastructure. Reserved capacities will initially convert into bookings, allowing flexible transport…
