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Rajasthan floats tender for 500 MW/1,000 MWh BESS

Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL) has issued a tender to establish a 500 MW/1,000 MWh battery energy storage system (BESS) with an additional greenshoe option of 500 MW/1,000 MWh. The deadline for bid submissions is December 16, 2024.  The capacity will be distributed across multiple sites, including the Giral Lignite Power Project in Barmer, the Suratgarh Thermal Power Station, and substations in Sakatputa, Kota, and Jaipur.

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Haryana DISCOM floats tender for 27 MW solar projects

Dakshin Haryana Bijli Vitran Nigam (DHBVN) has issued a tender for 26.75 MW of decentralised, ground-mounted, grid-connected solar projects under Component A of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM KUSUM) program. Bids are due by November 25, 2024. The Haryana Power Purchase Centre (HPPC) will purchase power from the projects at a levelised tariff of Rs 3.11/kWh, with 25-year power purchase agreements signed with successful bidders on behalf of DHBVN. 

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RECPDCL establishes SPV for Lakadia substation capacity enhancement

REC Power Development and Consultancy Limited (RECPDCL) has established Lakadia B Power Transmission Limited, a special purpose vehicle (SPV) aimed at augmenting the transformation capacity of the 765/400 kV Lakadia Substation in Gujarat.  RECPDCL has been designated as the bid process coordinator to select a transmission service provider for this project through a tariff-based competitive bidding process.

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Inox Wind reports Rs 902.2 million profit in Q2 FY24, income up 93%

Inox Wind Limited has announced a net profit of Rs 902.2 million for the quarter ending September 2024, contrasting with a loss of Rs 292.3 million in the same quarter last year.  Total income rose significantly, increasing by 93 percent to Rs 7,417.4 million, compared to Rs 3,844 million in the same period the previous year.

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Tata Power to invest Rs 5.5 billion in renewable energy for Noida Airport

Tata Power has committed Rs 5.5 billion towards establishing solar and wind power capacities to supply clean energy to Noida International Airport (NIA) in Uttar Pradesh.  The company has signed two power purchase agreements with NIA, supporting the airport’s sustainable energy infrastructure. Through its subsidiary, Tata Power Trading Company (TPTCL), Tata Power will provide 10.8 MW of wind energy, while Tata Power Renewable Energy (TPREL) will develop, operate, and maintain a 13 MW onsite solar…

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Tata Power acquires Paradeep Transmission for ERES XXXIV Expansion

Paradeep Transmission, a wholly-owned subsidiary of PFC Consulting created to develop the Eastern Region Expansion Scheme-XXXIV (ERES XXXIV), has been transferred to Tata Power Company.  The sale and transfer process to Tata Power, the successful bidder, was finalized on 06 November 2024. The sale consideration was determined as per guidelines set by the Ministry of Power, Government of India.