REC Limited has signed a Memorandum of Understanding (MoU) with the Government of Rajasthan during the “Rising Rajasthan Investors Meet.”
As part of the agreement, REC will increase its annual financing from Rs 200 billion to Rs 500 billion for power and non-power infrastructure projects in the state. The six-year MoU, running until 2030, is valued at Rs 3 trillion.
The Bureau of Land Management (BLM) is inviting public review and comments on the draft environmental impact statement and resource management plan amendment for the proposed Esmeralda 7 Solar Project in Esmeralda County. If approved, the seven adjacent solar photovoltaic projects would produce up to 6.2 GW of clean electricity, sufficient to power around 1.6 million homes, according to the EPA Calculator. The BLM evaluated the environmental effects of these projects collectively within a 118,000-acre…
Tongyeong Eco Power’s combined-cycle power plant has commenced commercial operations in Gyeongsangnam-do, South Korea, with a capacity exceeding 1GW, supplying electricity to nearly one million households. The liquefied natural gas (LNG)-fueled plant aligns with South Korea’s strategy to transition from coal to LNG and includes a 200,000 cubic meter LNG storage tank. GE Vernova has provided critical components for the plant, including two 7HA.02 gas turbines, one STF-D600 steam turbine, two heat recovery steam generators…
Mahindra & Mahindra (M&M) and Skoda Auto Volkswagen India (SAVWIPL), a subsidiary of the Volkswagen Group, are reportedly finalizing a 50:50 joint venture to share costs, technology, and vehicle platforms for future product development. This partnership will primarily focus on developing battery-powered SUVs for both Indian and international markets, though it will also include fossil fuel-based models. According to The Economic Times, an official announcement is expected by the end of the year. The collaboration…
Power Minister Manohar Lal Khattar has encouraged states to identify viable sites for nuclear power plants, especially in areas far from coal sources. The government has already shortlisted 18 locations across the country for new nuclear capacity, aiming to increase nuclear power from 8 GW to 20 GW by 2032. The Minister advised states to repurpose sites of retired coal-based thermal plants for this purpose. At the recent Power Ministers’ conference on 12 November 2024,…
Ion Exchange has secured a Rs 1.61 billion contract from Adani Power for total water and environment management solutions at two 800 MW units for Raipur and Raigarh ultra-super power projects in Madhya Pradesh. The scope includes engineering, procurement, and construction (EPC) for water and environment management systems, to be completed within 18 months. The project covers the entire water cycle, from pre-treatment and process water treatment to wastewater management, recycling, zero liquid discharge, and…
On 30 September 2024, the West Bengal Cabinet approved establishing a 660-MW supercritical power plant at Sagardighi in Murshidabad district. Power Minister Arup Biswas announced that 95% of the work on the plant has been completed, with plans to finish by March 2025. The Cabinet also approved the construction of five additional power plants and a new 1,600 MW plant, which will follow a PPP model with a global tender. Additionally, the Cabinet allowed 32.43…
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