Advait Infratech has received a turnkey contract from Dakshin Gujarat Vij Company (DGVCL) to supply, install, and commission 11 kV 55mm² AAAC medium voltage covered conductor (MVCC) with accessories in the Southern Gujarat region. The contract is valued at Rs 203.2 million and is expected to be completed within 12 months.
The Tamil Nadu Green Energy Corporation (TNGEC) is planning to set up small hydropower plants on major rivers such as Cauvery and Vaigai, as well as smaller rivers like Adyar and Cooum, which will utilize the run-off water during the monsoon season. This initiative is part of the state’s new small hydropower policy. TNGEC plans to conduct feasibility studies on various riverbeds for hydropower plants with capacities ranging from 100 kW to 10 MW. These…
JSW Renew Energy Twenty, a stepdown subsidiary of JSW Energy, has signed a power purchase agreement (PPA) with Bangalore Electricity Supply Company (BESCOM) for 300 MW of solar capacity. This project, awarded by Karnataka Renewable Energy Development (KREDL), is set to supply power at a tariff of Rs 2.89/KWh until FY 2044. Located in Pavagada Solar Park, Karnataka, the project is expected to be commissioned within the next 18 months. JSW Energy’s current solar pipeline…
JSW Neo Energy, a subsidiary of JSW Energy, has secured a letter of award (LoA) from NTPC to develop a 300 MW ISTS-connected wind-solar hybrid power project. This award comes from NTPC’s tariff-based competitive bid for 1,000 MW hybrid power projects (NTPC-Tranche-VI). With this new project, JSW Energy’s total locked-in generation capacity has increased to 16.7 GW, including a hybrid capacity of 2.6 GW. The company aims to expand its generation capacity to 20 GW…
UJVN has announced a tender for the electro-mechanical works of the 3×100 MW Lakhwar Multi-Purpose Project (MPP) in Dehradun, Uttarakhand. The engineering, procurement, and construction (EPC) contract is valued at Rs 5.958 billion and includes detailed design and engineering, manufacturing, shop assembly, testing, transportation, delivery, site storage, preservation, and a two-year guarantee for the electro-mechanical equipment and systems. Interested parties must submit their bids by September 30, 2024.
RMC Green Energy, a subsidiary of RMC Switchgears, has received approval from the Rajasthan Renewable Energy Corporation to set up a 50 MW Renewable Energy Park in Rajasthan. This milestone marks the parent company’s entry into the solar park business as a renewable independent power producer (IPP) under the Rajasthan Renewable Energy Policy 2023. RMC is targeting over 600 MWp in additional projects to reach its goal of securing 1 GWp in EPC contracts over…
ArcelorMittal Brazil has announced contracts to develop two solar energy projects with a combined capacity of 465 MW, covering 14% of its electricity needs. The first project, in partnership with Casa dos Ventos, involves a 200 MW solar power plant in Bahia. The second, in collaboration with Atlas Renewable Energy, is a 265 MW solar power plant in Minas Gerais. Both projects are pending regulatory approval.
Premier Energies Ltd, a solar cell and module manufacturer, has set a price band of Rs 427-450 per share for its Rs 28.3 billion initial public offering (IPO). The IPO will open from August 27 to August 29, with bidding for anchor investors starting on August 26. The offering includes a fresh issue of shares worth Rs 12.91 billion and an offer-for-sale (OFS) of up to 34.2 million shares, valued at Rs 15.39 billion at…
Gensol Engineering announced that it has secured a 16-megawatt rooftop solar project from a textile company in Madhya Pradesh, under the commercial and industrial (C&I) segment. The project will be executed on an engineering, procurement, and construction (EPC) basis. The company received a Letter of Award (LOA) for the turnkey EPC rooftop solar project, which will be completed in six months. The project will use high-efficiency bi-facial solar modules that absorb sunlight from both sides,…
The Andhra Pradesh government will soon unveil an ‘Integrated Renewable Energy Policy,’ following Brookfield’s announcement to invest over Rs 500 billion in the state over the next three to five years. The policy will cover solar, wind, hybrid energy, energy storage, green hydrogen, biofuels, and electric vehicle charging infrastructure. Brookfield’s joint venture with Axis Energy, Evren, plans to install a total of 8,873 MW of solar and wind capacity in Andhra Pradesh. State Minister Nara…
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