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NHPC to invest Rs 55 billion in Bihar’s renewable energy sector

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NHPC Limited plans to invest Rs 55 billion in Bihar’s renewable energy sector to support India’s energy transition.  The company is set to sign a memorandum of understanding with the state government for projects including solar power, floating solar, and battery storage solutions.  NHPC highlighted the potential for renewable energy projects with battery storage to ensure round-the-clock green power supply. NHPC has sought the state government’s support in expediting approvals and land acquisition, citing delays…

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Refex Renewables subsidiary partners with LC Infra for solar project

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Sherisha Rooftop Solar SPV Four Private Limited, a step-down subsidiary of Refex Renewables & Infrastructure Limited, has partnered with LC Infra Projects Private Limited to form LC Infra Solar LLP. The LLP will develop a 150 MW solar power project awarded by Maharashtra State Power Generation Limited. LC Infra Solar LLP has been established with a capital contribution of Rs 10,000, with SPV Four holding a 26% stake.

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Jindal Saw to acquire 31.2% stake in ReNew Green MHH One

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Jindal Saw Limited has signed a share purchase agreement (SPA) to acquire a 31.20% equity stake in ReNew Green MHH One Private Limited (RGMHH), making RGMHH an associate company. RGMHH focuses on renewable energy generation but has not yet commenced operations. The acquisition aims to secure electricity at concessional rates and is expected to be completed by May 2025.

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Adani Transmission and DigiSmart Networks bid for Goa’s smart metering

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Adani Transmission Limited (ATL) and DigiSmart Networks Private Limited have submitted bids to serve as the Advanced Metering Infrastructure Service Provider (AMISP) for smart prepaid metering in Goa.  The project, under the Goa Revamped Distribution Sector Scheme (RDSS), will follow a design, build, finance, own, operate, and transfer (DBFOOT) model. The Department of Power (DoP), Goa invited bids for the Rs 3,961.18 million project in January 2024.

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Mercados Energy wins consultancy contract for APDCL power procurement

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Mercados Energy Markets India Private Limited has secured a Rs 2.8 million contract to provide consultancy and regulatory support services to Assam Power Distribution Company Limited (APDCL) for the procurement of 500 MW long-term hydro power. APDCL invited bids for the consultancy in October 2024. The project will be executed through a tariff-based competitive bidding (TBCB) process.

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JV secures consultancy contract for Hanol Tiuni hydro project

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The joint venture of Convolution Engineering Consultancy LLP and Hydro Consult Engineering Limited has won a Rs 9.85 million contract to provide consultancy services and prepare a comprehensive, bankable Detailed Project Report (DPR) for the Hanol Tiuni Large Hydro Electric Project.  Uttarakhand Jal Vidyut Nigam Limited (UJVN) invited bids for the same in April 2024. The project, with a planned capacity of 62 MW, is located on the Tons River in Uttarkashi district, Uttarakhand. The…

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Tlawng hydro project to begin construction in FY 2025

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The Tlawng Hydro-Electrical Project, with a planned capacity of 120 MW, is set to begin construction in FY 2025. Detailed Project Report (DPR) preparation is currently underway. The Central Water Commission (CWC) has completed key studies, including topographical survey, geotechnical investigation, seismic study, and construction material analysis, along with a foundation study for the dam site. Tender evaluation for the project is in progress. Located near North Lungleg in Mizoram’s Aizawl district, the project involves…

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Locals oppose survey for proposed nuclear power plant in Koppal district

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The central government has selected a site near Arasinakeri, Koppal, for Karnataka’s second nuclear power plant. However, the proposal faces opposition due to land shortages and environmental concerns, particularly regarding nearby protected forest areas. The government requires 1200 acres for the plant, but only 615-635 acres are available. The district administration is surveying nearby land, at least 3 km from populated areas, to meet the requirement. Environmentalists and locals are concerned about the impact on…

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Masali village becomes India’s first solar-powered village on the border

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Masali village in Gujarat’s Banaskantha district has become India’s first ‘solar village’ located on the border. The village, with a population of 800, is situated 40 km from the Pakistan border. All 199 houses in the village now have solar panels installed, generating 100% of the village’s electricity needs. The project, worth Rs 11.6 million, provides a total of 225.5 kilowatts of power, exceeding the electricity requirements of each home. The initiative was supported by…

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Renewable energy projects face up to 12-month delay in signing of PPAs

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India’s renewable energy sector is facing significant delays in securing power purchase agreements (PPAs), which are affecting around 40-45 GW of projects out of a total 80-90 GW in the pipeline. Experts note that distribution companies (discoms) are prioritizing projects with higher capacity utilization factors, contributing to the backlog in PPA signings. The gap between project awards and PPA finalizations currently spans eight to nine months, impacting project execution timelines. Several factors, including regulatory uncertainties,…