Power Sector News Roundup for November 22, 2024

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Global: ACWA Power signs agreement with Uzbekistan for 2 GWh battery storage projects ACCIONA Energía sells hydro portfolio to Endesa for €1 billion EGAT plans three pumped storage power plants in Thailand Laurentis Energy Partners collaborates on SMR development in Poland National Grid Renewables begins construction of 100MW Apple River Solar project Aboitiz Power to develop Philippines’ first hybrid BESS and geothermal system RIC Energy and Rosemawr partner to deploy 450 MW solar and storage…

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Carbon Minus wins Rs 39.6 billion contracts for solar projects in Maharashtra

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Carbon Minus Energy Private Limited has secured contracts worth Rs 39.6 billion from Maharashtra State Power Generation Corporation (MSPGCL) and Maharashtra State Electricity Distribution Company Limited (MSEDCL) for developing 904 MW of decentralized solar power projects across the state. Out of the total capacity, MSEDCL has awarded 730 MW, while MSPGCL has allocated 174 MW.  The projects are aimed at agricultural feeder-level solarization under the Mukhyamantri Saur Krishi Vahini Yojana (MSKVY) 2.0, a part of…

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WAPCOS to carry pumped storage project analysis in UP

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WAPCOS Limited has been awarded a Letter of Award (LoA) worth Rs 2.3 million for consultancy services to analyze potential pumped storage project (PSP) sites in Uttar Pradesh.  The contract follows the Request for Proposal (RfP) issued by Invest UP (formerly Udyog Bandhu) in July 2024. The analysis will cover PSP sites in Chitrakoot Dham, Jhansi, Varanasi, and Vindhyachal divisions.  Key parameters for evaluation include a minimum capacity of 500 MW, six-hour peaking capacity, configuration…

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THDC synchronises Unit 1 of Tehri PSP in Uttarakhand

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THDC India Limited synchronised Unit I of the Tehri Pumped Storage Plant Project with the National Grid on November 19, 2024.  Furthermore, the coal firing was also achieved within a few hours of oil synchronisation. THDC, a joint venture (JV) of NTPC Limited and the Government of Uttar Pradesh (GoUP), is implementing the project. The Tehri PSP consists of four reversible pump turbine units of 250 MW each in Uttarakhand.

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Tata Power and ADB partner to evaluate $4.25 billion clean energy projects

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Tata Power has signed a Memorandum of Understanding (MoU) with the Asian Development Bank (ADB) during COP29 in Baku, Azerbaijan.  The partnership will evaluate financing for strategic projects aimed at enhancing India’s power infrastructure and promoting renewable energy. The MoU includes projects such as a 966 MW solar-wind hybrid system, pumped hydro storage, energy transition initiatives, decarbonization, and battery storage, alongside ongoing investments to modernize Tata Power’s distribution networks.  The estimated cost of these projects…

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Hyundai Motor partners with FPEL for two RE projects in Tamil Nadu

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Hyundai Motor India Limited (HMIL) has signed an agreement with Fourth Partner Energy Limited (FPEL) to establish a 75 MW Solar Plant and a 43 MW Wind Power Plant in Tamil Nadu.  HMIL has a target for RE100 to transition to 100% renewable electricity across its operations by 2025, it currently sources 63% of its energy from renewables. The project involves an investment of Rs 380 million and will operate under a Group Captive Mode…

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REPLUS Engitech partners with GPM to advance AI-driven energy systems

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REPLUS Engitech has signed a Memorandum of Understanding (MoU) with Green Power Monitor (GPM) to deploy advanced AI-enabled Energy Management Systems (EMS) and Power Plant Controllers (PPC) in India and global markets.  This collaboration aims to strengthen grid security, stability, and the integration of Battery Energy Storage Systems (BESS) with renewable energy solutions. GPM’s PPC, a sophisticated digital control system, manages active and reactive power, frequency, voltage, power factor, ramp control, and STATCOM controls. It…

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JSW Energy plans wind turbine blade manufacturing unit in Karnataka

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JSW Energy, led by Sajjan Jindal, is set to establish a wind turbine blade manufacturing facility in Karnataka to secure a steady supply of wind turbine generators (WTGs) for its renewable energy projects.  The plant, requiring an estimated investment of $50 million, will have the capacity to assemble 400-500 turbines annually.  The facility will be built on available land at JSW Energy’s Vijayanagar site, where the company also operates a 12.5 million tpa steel plant…

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NTPC Green and Andhra Pradesh join hands for Rs 1,870 billion RE push

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NTPC Green Energy Limited (NGEL) and the New and Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) have formed a joint venture to invest Rs 1,870 billion in renewable energy projects across Andhra Pradesh.  The partnership targets the development of 25 GW of solar, wind, and hybrid energy projects, 10 GW of pumped hydro storage, and the production of 0.5 MTPA of green hydrogen, ammonia, and methanol.  The initiative is expected to deliver financial benefits…

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Transmission and transformation capacity additions exceed targets in FY25

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The Central Electricity Authority (CEA) reports that transmission and transformation capacity additions in the first seven months (April-October) of FY25 have surpassed planned targets. This marks the first instance of exceeding the target in FY25. A total of 4,337 circuit kilometres (ckm) of transmission lines were added, 10% higher than the planned 4,762 ckm. Similarly, 33,265 MVA of substation capacity was achieved, surpassing the target of 30,780 MVA by 8%. Central government utilities, led by…