ONGC Green Energy Limited (OGL), a subsidiary of Oil and Natural Gas Corporation (ONGC), has signed a share purchase agreement (SPA) with PTC India Limited to acquire its 288.8 MW operational wind power projects. The projects, consisting of 157 wind turbine generators, are located across Andhra Pradesh, Madhya Pradesh, and Karnataka.
Dalmia Cement (Bharat) Limited, a subsidiary of Dalmia Bharat Limited, has entered into an agreement to acquire 26 per cent of the equity share capital of Solsolis Solar Energy Solutions Private Limited. The acquisition involves 3.02 million equity shares, valued at Rs 30.24 million. This strategic investment will enable Dalmia Cement to source solar power as a captive consumer for up to 11.2 MW in Odisha. The deal, subject to customary conditions, is expected to…
Patel Engineering (PEL) has emerged as the lowest bidder (L1) for a Rs 2.4 billion contract awarded by NHPC for the Teesta-VI Powerstation in Sikkim. The project involves modifying a diversion tunnel into a tunnel spillway arrangement, including civil and hydro-mechanical (H&M) works, and is expected to be completed in 18 months. The contract covers construction of a tunnel spillway, gate operation chamber, precast bridge, and energy dissipation arrangement, among other tasks. PEL, with a…
Avaada Group plans to invest Rs 2.5 trillion over the next seven years across multiple businesses, including facilities for ingot, wafer, and glass manufacturing. The renewable energy provider is also focusing on green hydrogen and ammonia ventures, targeting 11.5 GW of energy capacity by 2026 and 30 GW by 2030. The company is building solar panel factories, with a second module factory under construction in Nagpur and another planned for Greater Noida, aiming for a…
SBEC Systems (India) has commissioned a 40.5 KWp solar power project at Kumkum Modi Public School in Baraut Rural, Baghpat, operational since 20 September 2024. This follows the company’s earlier commissioning of a 675 KWp solar project at Modi Arc Electrode Company, Modinagar, in July 2024. SBEC Systems, specializing in the sugar and power sectors, provides engineering and consultancy services, including project design, planning, fabrication, erection, and commissioning.
The Central Electricity Authority (CEA) has cleared the 1,500 MW Bhavali PSP by JSW Energy and the 1,000 MW Bhivpuri PSP by Tata Power, adding over 15 GWh of energy storage capacity. For FY25, CEA aims to approve 15 hydro PSPs totalling 25,500 MW, with four projects already cleared. The renewable energy share in India’s power generation is expected to rise to 35 percent by FY30. Additionally, the Union Cabinet has approved a revised scheme…
The power sector has long been the backbone of modern civilization, but the energy it produces has come at a significant environmental cost. Traditional energy sources like coal, oil, and natural gas—collectively known as fossil fuels—have been the primary culprits in emitting greenhouse gases (GHGs), particularly carbon dioxide (CO2). These gases trap heat in the Earth’s atmosphere, leading to what we now know as climate change. For decades, coal-fired power plants were the dominant players…
Have you ever wondered why your electricity bill changes or why prices can seem so unpredictable? From how power is generated to who decides the rates you pay, a lot is going on in the background. Let us dive into how it all works, so that the next time you see your bill, you will know exactly what is behind those numbers. Who Decides What You Pay? The Role of Regulators and Market Players Electricity…
Imagine a world where energy is always available when needed, regardless of the time of day or the whims of nature. Energy storage is a big part of making that dream a reality. But what exactly is energy storage, and why is it so crucial? Let’s break it down. Types of Energy Storage When we talk about energy storage, it is easy to think of batteries first, but there is so much more going on….
Transmission and distribution (T&D) comes into play once electricity is generated. You can think of transmission lines as highways for electricity—they allow it to travel over long distances at very high speeds. The reason electricity is sent over high-voltage transmission lines is that it helps minimize energy loss during the journey. When electricity travels at low voltages, it loses a lot of energy as heat. However, by stepping up the voltage (increasing the power), the…