Power Sector News Roundup for January 2, 2025

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Global: Innergex inks EPA with BC Hydro for wind project in British Columbia AES Andes submits EIA for industrial-scale green hydrogen project in Chile EETC invests to upgrade Egypt’s power transmission network India: KP Green Engineering secures Rs 1.66 billion in orders across sectors Promax Power wins contract for 132/33 kV substations Waaree Energies leads with EPD-certified ultra-low-carbon solar panels Aether Industries commissions 15 MW solar project in Gujarat PLI, RE incentives for ‘Green Steel…

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EETC invests to upgrade Egypt’s power transmission network

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The Egyptian Electricity Transmission Company (EETC) has allocated EGP 7.6 billion for the fiscal year 2023-24, focusing on upgrading, modernizing, and expanding its high-voltage and ultra-high voltage systems.  This investment covers the development of new stations, cables, transmission lines, and upgrades to regional control centres, including Cairo’s and the newly operational National Control Center in the New Administrative Capital. The company aims to complete ongoing projects, enhance network facilities, and integrate renewable energy sources into…

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AES Andes submits EIA for industrial-scale green hydrogen project in Chile

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AES Andes has submitted an Environmental Impact Assessment (EIA) to Chilean authorities for its proposed Inna green hydrogen project, which is aligned with Chile’s National Green Hydrogen Strategy.  The project is in its early stages of development and focuses on producing green hydrogen for both export and domestic use. In addition, AES Andes has signed a memorandum of understanding (MOU) with Samsung C&T to jointly evaluate the development of the Inna project. The partnership will…

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Innergex inks EPA with BC Hydro for wind project in British Columbia

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Innergex Renewable Energy has partnered with West Moberly First Nations and signed a 30-year electricity purchase agreement (EPA) with BC Hydro for the Stewart Creek wind project.  The 200 MW community wind project is located 60 km east of Innergex’s Dokie Wind Farm, British Columbia. West Moberly First Nations holds a 51 per cent stake, while Innergex owns 49 per cent of the project. The wind farm is expected to commence commercial operations in 2030…

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MNRE issues guidelines for payment security and CFA under PM Surya Ghar

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The Ministry of New and Renewable Energy (MNRE) has released guidelines for two components of the PM Surya Ghar: Muft Bijli Yojana (PMSGMBY), targeting rooftop solar installations for eligible residential consumers. The program runs until March 31, 2027. Key highlights: Central financial assistance (CFA): Applicable for rooftop solar systems installed on rooftops, terraces, balconies, and building-integrated photovoltaics. Eligible systems must use approved metering mechanisms like group and virtual net metering if allowed by DISCOMs. Capacity…

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NTPC announces auction results for 1,200 MW hybrid projects

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NTPC Limited has declared the results for its 1,200 MW wind-solar hybrid (Hybrid 02) ISTS-connected projects, with an additional greenshoe option of up to 600 MW. JSP Green (Jindal Renewables): 350 MW at Rs 3.38 per kWh. Adyant Enersol (Datta Infra): 150 MW at Rs 3.44 per kWh. Green Prairie Energy IV (EverGreen Power): 200 MW at Rs 3.44 per kWh. AMPIN Energy Utility: 150 MW at Rs 3.44 per kWh. Adani Renewable Energy Holding…

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PFCCL invites bids for transmission projects in Jammu & Kashmir

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PFC Consulting Limited (PFCCL) has invited Request for Proposal (RFP) bids for selecting transmission service providers (TSPs) through the tariff-based competitive bidding (TBCB) process.  The bids are for three transmission projects on a build, own, operate, and transfer (BOOT) basis. The submission deadline is February 28, 2025. The projects include: Construction of grid substations at Wahipora and Sallar in Kashmir and the allied transmission system. Development of a downstream transmission network from the upcoming 400/220…

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NTPC invites bids for 50 MW gas power project in Andaman & Nicobar

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NTPC Vidyut Vyapar Nigam Limited (NVVN), a subsidiary of NTPC Limited, has invited bids for the 50 MW Andaman & Nicobar Gas Power Project.  Bids can be submitted until January 27, 2025. The project, based on gas engine power, will be implemented in the Andaman & Nicobar Islands with a targeted completion timeline of 840 days.

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Voith Hydro emerges as L1 bidder for Mankulam HEP E&M works

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Voith Hydro Private Limited has emerged as the lowest bidder (L1) for the electro-mechanical (E&M) works of the Mankulam Hydro Electric Project (HEP) by quoting Rs 1,770.14 million.  Kerala State Electricity Board (KSEB) had invited bids for the project in March 2024. Bharat Heavy Electricals Limited (BHEL) ranked as the L2 bidder with a quote of Rs 1,970 million. The 40 MW Mankulam HEP-Phase I, located in Devikulam taluk, Idukki district, Kerala, has a generation…

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Solex Energy wins contracts for 120 MW solar projects

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Solex Energy Limited has secured contracts worth Rs 1,790 million from Sprng Energy Private Limited and Zodiac Energy Limited for supplying solar modules for a total of 120 MW solar photovoltaic (PV) power projects in India. The contracts include: Supply of 100 MW N-type TOPCON 585/590 Wp PV modules worth Rs 1,500 million to Sprng Energy, with delivery expected by June 2025. Supply of 20 MW Bifacial PERC PV modules worth Rs 290 million to…