Power Sector News Roundup for November 18, 2024

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Global: Green Nation unveils plans for 750 MW Whitestone Solar Farm in the UK. B&W secures a $246 million coal-to-natural gas conversion project for AES Indiana. Alcazar Energy signs an MoU for a 2 GW onshore wind farm in Egypt. India: Trilateral power flow from Nepal to Bangladesh via India begins. NTPC and ONGC establish a joint venture for renewable energy projects. RECPDCL invites bids for transmission system development in Madhya Pradesh. Chubu Electric increases…

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Alcazar Energy signs MoU for 2 GW onshore wind farm in Egypt

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Alcazar Energy Partners has signed a memorandum of understanding (MoU) with the Egyptian Electricity Transmission Company (EETC) and the New and Renewable Energy Authority (NREA) to develop a 2 GW onshore wind farm in Egypt. The project aligns with Egypt’s Vision 2030, focusing on renewable energy and environmental sustainability. The wind farm is expected to generate clean electricity for more than 1.3 million households while preventing the release of up to 4.7 million tonnes of…

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B&W secures $246m coal-to-natural gas conversion project for AES Indiana

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Babcock & Wilcox’s (B&W) Thermal segment has received full notice to proceed on a $246 million coal-to-natural gas conversion project at AES Indiana’s Petersburg Generating Station.   The project involves converting two coal-fired boilers at the 1.16 GW Petersburg plant to operate on natural gas, significantly lowering the facility’s carbon footprint. B&W Thermal will handle the design and installation of the new natural gas system, air systems, and associated equipment. B&W Construction (BWCC) will manage the…

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Green Nation unveils plans for 750 MW Whitestone Solar Farm in the UK

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Green Nation has announced plans for the Whitestone Solar Farm, a large-scale solar and energy storage project located between Rotherham and Doncaster in South Yorkshire.  The facility, currently in the preliminary development phase, aims to contribute up to 750 MW to the UK’s National Grid. It also includes a battery energy storage system, with its capacity yet to be confirmed. Recognized as a Nationally Significant Infrastructure Project due to its size and potential impact, the…

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ACME Sun Power secures Rs 37.53 billion loan from REC

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ACME Sun Power, a subsidiary of ACME Solar Holdings, has secured a Rs 37.53 billion term loan from REC Limited to develop a 320 MW firm and dispatchable renewable energy (FDRE) project in collaboration with SJVN. The project aims to provide round-the-clock power, assisting distribution companies in meeting renewable purchase and energy storage obligations. Solar capacity will be developed in Jaisalmer, Rajasthan, while wind sites are planned in Bhuj and Jam Khambhaliya, Gujarat. A power…

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DVC awards EPC contract for Koderma TPS Phase II to BHEL

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Damodar Valley Corporation (DVC) has awarded Bharat Heavy Electricals Limited (BHEL) the engineering, procurement, and construction (EPC) contract for the 2×800 MW Koderma Thermal Power Station (TPS) Phase II in Jharkhand.  The project will add 1,600 MW to DVC’s generation capacity, addressing growing regional energy demands and promoting socio-economic development. The Koderma TPS Phase II project aligns with DVC’s mission to provide reliable and sustainable power while bolstering the region’s energy infrastructure. The partnership with…

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Jakson Green achieves milestone for methanol production for NTPC

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Jakson Green, in collaboration with NTPC, has synthesized methanol from carbon dioxide captured at NTPC’s Vindhyachal Thermal Power Plant in Madhya Pradesh.  The project, led by NTPC’s R&D unit, NETRA, captures CO2 directly from flue gas emissions and converts it into methanol, a clean fuel for power generation and transportation. This achievement marks the first instance of methanol production from captured carbon in India and is part of Jakson Green’s broader Power-to-X portfolio. The company…

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Chubu Electric increases stake in OMC Power to over 35%

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Japan’s Chubu Electric has increased its investment in OMC Power, raising its stake from 20% to over 35%, becoming the largest shareholder.  This additional funding will support OMC Power in commissioning 100 MW of energy transition projects and expanding operations in India and South Africa. OMC Power currently operates over 500 clean energy plants, supplying power to telecom towers, institutional rooftops, commercial and industrial sectors, and providing power distribution to rural and underserved areas. Mitsui…

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RECPDCL invites bids for Transmission System Development in Madhya Pradesh

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REC Power Development and Consultancy Limited (REC-PDCL), a wholly owned subsidiary of REC Limited, has invited bids for the selection of a Transmission Service Provider (TSP) to develop intra-state transmission system for evacuation of 1230 MW power (MPPMCL portion) through STU network from proposed 2X800 MW Thermal Power Project of M/S Mahan Energen Ltd. (MEL).  The project will be executed through a tariff-based competitive bidding (TBCB) process. The transmission scheme involves constructing two major substations…

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NTPC and ONGC establish JV for renewable energy projects

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NTPC Green Energy Limited (NGEL), a subsidiary of NTPC, and ONGC Green Energy Limited (OGL), a subsidiary of Oil and Natural Gas Corporation (ONGC), have formed a 50:50 joint venture named ONGC NTPC Green Private Limited (ONGPL).  The Ministry of Power approved the formation of this joint venture, which has an authorised capital of Rs 1 million. ONGPL will focus on renewable energy projects, including greenfield developments and acquisitions of existing assets, with a particular…