Author: PPD Team Date: November 13, 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: April 10, 2026 JSW Energy Limited has exercised its call option to acquire the remaining 26% equity stake in JSW Mahanadi Power Company Limited (JMPCL), in line with its earlier acquisition of a 74% stake under an approved resolution plan. The company, in a filing dated April 9, 2026, referred to its prior disclosure of March 6, 2025 regarding the acquisition of 74% equity in JMPCL, earlier known as KSK Mahanadi…
Author: PPD Team Date: March 31, 2026 Bharat Heavy Electricals Limited (BHEL) has received a Notification of Award (NOA) from NTPC Limited for the main plant package of the 3×800 MW Telangana Stage-II supercritical thermal power project in Peddapalli district, Telangana. The contract is valued at over Rs 13,500 crore, excluding Goods and Services Tax (GST). The NOA was issued on March 29, 2026, following a Limited Notice to Proceed (LNTP) granted in November 2024…
Author: PPD Team Date: May 15, 2025 PFC Consulting Limited (PFCCL) has issued a tender for the appointment of a technical consultant for surveying and preparing a report for the Inter-Regional Strengthening between Southern Region (SR) Grid and Eastern Region (ER) Grid. The bid invitation was released on May 13, 2025. The deadline for submission is May 20, 2025. PFCCL has been designated as the bid process coordinator (BPC) for selecting a transmission service provider…
Author: PPD Team Date: September 25, 2025 The Expert Appraisal Committee (EAC) under the Ministry of Environment, Forest and Climate Change (MoEFCC) has recommended Environmental Clearance (EC) for the 2,220 MW Oju hydroelectric project in Arunachal Pradesh’s Subansiri valley. Planned in the Upper Subansiri district, the Oju hydroelectric project will harness the Subansiri River and include a gross storage capacity of 15.66 million cubic metres. The project is expected to cost Rs 24,942.01 crore and…
Author: PPD Team Date: May 13, 2025 The Asian Infrastructure Investment Bank (AIIB), Asian Development Bank (ADB), and ASEAN Infrastructure Fund (AIF) have signed a letter of intent to collaborate on ASEAN-related infrastructure projects. The agreement outlines cooperation on high-impact projects, including the ASEAN Power Grid (APG) and ASEAN Catalytic Green Finance Facility (ACGF). The partnership will focus on project origination, co-financing, technical cooperation, and knowledge sharing. It aims to mobilise joint expertise and financial…
Author: PPD Team Date: June 9, 2025 Global energy investment is set to reach USD 3.3 trillion in 2025, up 2% from 2024, according to a report from the International Energy Agency (IEA), World Energy Investment 2025. Around USD 2.2 trillion will go to clean energy, double the USD 1.1 trillion set for fossil fuels. China, Europe, the US, and India drove most of the clean energy growth over the past five years. While emissions…