REC Power Development and Consultancy Limited (RECPDCL) has established Lakadia B Power Transmission Limited, a special purpose vehicle (SPV) aimed at augmenting the transformation capacity of the 765/400 kV Lakadia Substation in Gujarat.
RECPDCL has been designated as the bid process coordinator to select a transmission service provider for this project through a tariff-based competitive bidding process.
Solarvest Holdings Bhd has signed five Corporate Green Power Agreements (CGPAs) in Malaysia through two joint ventures to supply solar energy. These agreements involve a multi-asset exchange, two global semiconductor manufacturers, and a data centre service provider. The deals were established with Savelite Engineering Sdn Bhd and TNB Renewables Sdn Bhd. The agreements will support the development of two solar power plants in Lumut, Perak, and Kulim, Kedah, with a combined capacity of 59.98 MW….
The Ministry of Energy in Iran and the Ministry of Energy and Water Resources in Tajikistan are in discussions to enhance cooperation in electricity, water, and other key sectors. The talks, held within the framework of the joint economic committee, focused on boosting trade, facilitating Iranian business operations in Tajikistan, and advancing water and energy initiatives. Both countries expressed optimism about future partnerships, particularly in the energy sector. They aim to increase trade to USD…
A recent Greenpeace report warns of the significant risk posed by Russia’s so-called ‘shadow fleet’ of ageing tankers transporting crude oil, which bypass international sanctions. The report highlights the environmental threat of a potential oil spill in the Baltic Sea, particularly along the German coastline near Rostock, Lübeck, and Kiel. Greenpeace experts analysed four years of vessel movement data from tankers leaving Russian Baltic ports, including Primorsk, St. Petersburg, Ust-Luga, and Vysotsk. With Russia increasing…
UJVN Ltd has invited bids for the construction of a barrage intake and related works, including river diversion, for the 72 MW Tiuni Plasu hydroelectric project (HEP) on the Tons River in Dehradun district, Uttarakhand. This contract is valued at Rs 1.34 billion. Additionally, bids are invited for the head race tunnel adits surge shaft excavation and penstock works for the HEP, valued at Rs 1.32 billion. The bid submission deadline for both contracts is…
OX2 has sold the Uusnivala battery energy storage system (BESS) project in Finland to L&G NTR Clean Power Fund. The 50 MW/110 MWh project, now ready for construction, will be overseen by the new owner. This sale represents a significant enhancement to the Finnish grid system. Uusnivala will provide essential ancillary services, including frequency regulation and grid stability, and engage in energy arbitrage within wholesale markets. Strategically located near a high wind power penetration area,…
At the Independence Day function in Dehra, Himachal Pradesh’s Kangra District, Chief Minister Sukhvinder Sukhu announced plans to transform 10 gram panchayats into green panchayats by setting up solar power projects with up to 500 KW capacity each.
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