Author: PPD Team Date: 13/11/2024
Waaree Renewable Technologies Ltd (WRTL) has secured an order to establish a 41.6 MW solar project in Cuddalore, Tamil Nadu.
The project, valued at approximately Rs 1.47 billion, is scheduled for completion in the fiscal year 2025-26.
This initiative involves setting up an independent regional power production (IPP) unit.
Author: PPD Team Date: 30/10/2024 Powerica has secured a 50 MW capacity in the Solar Energy Corporation of India’s (SECI) undersubscribed auction for a 500 MW interstate transmission system (ISTS)-connected wind power project (Tranche-XVII). The company won the allocation at a tariff of Rs 3.81 per kWh. Due to an undersubscription, only 120 MW of the 500 MW was bid, resulting in SECI reducing the total award to 96 MW, per the tender’s 80% allocation…
Author: PPD Team Date: 02/04/2025 Bharat Grid Private Limited has won a contract worth Rs 22,739.73 million to provide Advanced Metering Infrastructure (AMI) services for smart prepaid metering in Paschim Gujarat Vij Company Limited (PGVCL). The project will be executed on a design, build, finance, own, operate, and transfer (DBFOOT) basis under Phase II of the Gujarat Revamped Distribution Sector Scheme (RDSS). REC Power Distribution Company Limited (REC PDCL) invited bids for the contract in…
Author: PPD Team Date: 01/05/2025 The Government of Uttar Pradesh has set a target to generate 500 GW of solar power by 2030, focusing on regions like Bundelkhand, Vindhya, and surrounding areas. The goal is to establish these regions as major solar energy hubs. To support this transition, the state has signed memoranda of understanding with the Smart Energy Council of Australia and the Hinduja Group. These partnerships aim to encourage investment, enable technology transfer,…
Author: PPD Team Date: 02/12/2024 ABO Energy has sold the rights to two battery energy storage systems (BESS) in South Africa to French utility Électricité de France (EDF) after advancing them to ready-to-build status. EDF secured preferred bidder status for both projects on November 30, 2023, under South Africa’s first Battery Energy Storage Independent Power Producer Procurement Programme (BESIPPPP). The projects, located in the Northern Cape and North West provinces near Aggeneys and Vryburg, are…
Author: PPD Team Date: 11/03/2025 Chhattisgarh is set to witness large-scale investments in the power sector, spanning thermal, nuclear, and renewable energy at the “Chhattisgarh Energy Investors Summit 2025.” Major players, including NTPC Limited, Jindal Power Limited (JPL), and Adani Power Limited (APL), have outlined expansion plans, while the state government has signed agreements to boost renewable energy capacity. Thermal and nuclear power investments Adani Power Limited has proposed multiple thermal power projects: Chhattisgarh Power…
Author: PPD Team Date: 18/10/2024 AMPIN Energy Transition has achieved financial closure for its 200 MW solar-wind hybrid project in Rajasthan, securing green financing of Rs 7.42 billion from Standard Chartered. The total investment in the project is valued at Rs 9.44 billion. Upon completion, the plant is expected to generate approximately 435 million units of renewable energy annually, supplying power to around 74,486 households. Standard Chartered, committed to expanding its sustainable finance efforts, aims…