Power Sector News Roundup for March 5, 2025

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Global: Russia expands nuclear cooperation amid geopolitical tensions India: Hindustan Power to invest Rs 6.2 billion in solar and BESS in Assam NEEPCO invites bids for E&M works at 240 MW Heo Hydro Electric Project Sunsure, Adani Green secure financing for solar and hybrid projects ACME Solar to invest Rs 170 billion in renewable expansion, eyes nuclear energy India launches hydrogen-fuelled vehicle pilot projects under Green Hydrogen Mission BGR Tech partners with Elchemtech to introduce…

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GE Vernova and L&T secure major power transmission orders

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GE Vernova T&D India Ltd has secured orders worth approximately Rs 5 billion from Power Grid Corporation of India Ltd (PGCIL) for the supply and installation of 765kV-class transformers and reactors under bulk procurement. The company will execute the orders within 36 months, according to a regulatory filing. Meanwhile, Larsen & Toubro’s (L&T) power transmission and distribution vertical has won multiple domestic and international contracts. In India, L&T will implement 765kV and 400kV transmission lines…

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Rajasthan partners with Telangana for energy expansion

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Rajasthan Rajya Vidyut Utpadan Nigam Limited (RVUNL) and Singareni Collieries Company Limited have signed a memorandum of understanding (MoU) to enhance power generation and supply, supporting the state’s goal of energy self-reliance and uninterrupted daytime electricity for farmers by 2027. The agreement aims to accelerate renewable energy development in Rajasthan by strengthening solar capacity and ensuring the timely execution of projects.  As part of this initiative, the state government plans to develop a 1,500 MW…

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Adani Green and NTPC Green Energy commission solar projects

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Adani Green Energy Limited (AGEL) has commenced commercial operations for two solar power projects under its 30,000 MW Khavda Wind-Solar Hybrid Renewable Energy Power Park in Gujarat’s Rann of Kutch district.  Adani Green Energy Twenty Five A Limited began power generation for a 275 MW solar project on February 28, 2025, while Adani Green Energy Twenty Five B Limited started operations for an 83 MW solar project on March 1, 2025. The Khavda park is…

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BGR Tech partners with Elchemtech to introduce PEM water electrolysers

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BGR Tech Limited has signed a Memorandum of Understanding (MoU) with South Korea’s Elchemtech Company Limited to introduce proton exchange membrane water electrolysers (PEMWE) in India.  BGR Tech will integrate these electrolysers into its balance-of-plant (BoP) systems for green hydrogen projects nationwide. Both companies also evaluate the feasibility of manufacturing or assembling PEMWE stacks in India using Elchemtech’s technology, aligning with the “Make in India” initiative. Elchemtech’s PEMWE features a single stack capacity of 240…

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India launches hydrogen-fuelled vehicle pilot projects under Green Hydrogen Mission

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The Government of India has launched five pilot projects to deploy hydrogen-fuelled buses and trucks as part of the National Green Hydrogen Mission (NGHM).  The initiative includes 37 vehicles—15 hydrogen fuel cell-based and 22 hydrogen internal combustion engine-based—operating on 10 routes across the country, including Greater Noida – Delhi – Agra, Bhubaneshwar – Konark – Puri, Ahmedabad – Vadodara – Surat, and Pune – Mumbai. The government has allocated Rs 2.08 billion for these projects,…

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ACME Solar to invest Rs 170 billion in renewable expansion, eyes nuclear energy

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ACME Solar Holdings Limited plans to invest Rs 170 billion in capital expenditure in the calendar year 2026 to expand its renewable energy capacity to 5,000 MW by 2027, focusing on hybrid and firm dispatchable renewable energy (FDRE) projects.  The company aims to triple its capacity to 7,000 MW by 2028, rolling out expansion in two phases starting in April 2025. While primarily focused on solar, wind, and hybrid energy, ACME Solar is also evaluating…

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Sunsure, Adani Green secure financing for solar and hybrid projects

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Adani Green Energy Limited (AGEL) has refinanced its $1.06 billion construction facility. AGEL refinanced its maiden construction facility, originally secured in 2021, for developing India’s largest solar-wind hybrid renewable cluster in Rajasthan.  The new long-term financing has a 19-year door-to-door tenor and follows a fully amortized debt model aligned with the asset’s lifecycle. This refinancing completes AGEL’s capital management program for the portfolio, ensuring long-term financial stability by matching financing terms with asset cash flows….

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NEEPCO invites bids for E&M works at 240 MW Heo Hydro Electric Project

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North Eastern Electric Power Corporation Limited (NEEPCO) has invited bids for the engineering, procurement, and construction (EPC) package for electromechanical (E&M) works at the 240 MW Heo Hydro Electric Project in Arunachal Pradesh. The bidding process, announced on February 27, 2025, will close on April 16, 2025. The project, located in Shi Yomi District, received approval from the Cabinet Committee on Economic Affairs in November 2024, with an investment of Rs 19.39 billion. The estimated…