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DRC modernises substation for Inga I & II hydropower plants
A critical power substation connected to the Inga I and II hydropower plants (HPPs) in the Democratic Republic of the Congo (DRC) has been modernised and digitised, enhancing the country’s ability to utilize the upgraded facilities. The hydropower plants, located on the Congo River, have a combined installed capacity of over 1.7 GW and supply 90% of the electricity consumed in Kinshasa. The modernisation project, backed by the German Federal Ministry for Economic Cooperation and…
NLCIL produces 12.34 billion units of green power, targets 10,000 MW renewable capacity by 2030
State-owned NLC India Ltd (NLCIL) has generated 12.34 billion units of green power, preventing the emission of 10 million tonnes of carbon dioxide, according to a statement by the coal ministry. Traditionally a lignite-based power producer, NLCIL is now aiming to achieve 10,000 MW of renewable energy capacity by 2030. NLCIL has already established 1,380 MW of solar power plants and 51 MW of wind power plants. To reach its ambitious renewable energy target, NLCIL…
Ashoka Buildcon declared L1 bidder for transmission project in Madhya Pradesh
Ashoka Buildcon has been declared the lowest bidder (L1) for a transmission project by M P Poorv Kshetra Vidyut Vitran. The project involves the installation, testing, and commissioning of new 11 kV lines, LT lines on AB cable, DTR substation, and related works to separate 11 kV mix feeders and mix DTRs under the RDSS scheme in the Chhindwara circle. The financial bid, valued at Rs 1.93 billion, was opened on 24 September 2024. This…
NTPC’s performance highlights, financial results for Q1 FY25
NTPC Limited has released its key performance highlights and unaudited financial results for the quarter ending June 30, 2024. Let’s have a look at the key performance highlights. Installed and Commercial Capacity As of June 30, 2024, NTPC’s installed capacity reached 76,048 megawatts (MW), an increase of 3,024 MW from June 2023. Similarly, NTPC’s standalone installed capacity rose to 59,168 MW, an uptick of 2,130 MW. The commercial capacity stood at 76,048 MW—an increase of…
Just Climate to invest Rs 12.56 billion in Continuum Green Energy for wind-solar hybrid projects in India
Continuum Green Energy, a leading renewable energy group in India focused on commercial and industrial consumers, has entered into a definitive agreement with Just Climate, a specialist investment firm. Just Climate will invest Rs 12.56 billion (approximately USD 150 million) in new equity to support Continuum’s deployment of wind-solar hybrid energy generation and storage projects across India. This investment is part of Just Climate’s Climate Asset Fund I, which targets industrial climate solutions in the…
Tata Electronics, ASMPT partner for semiconductor assembly
Tata Electronics has signed a memorandum of understanding (MoU) with ASMPT Singapore to establish semiconductor assembly equipment infrastructure for its chip packaging units in Assam and Karnataka. This partnership will enhance workforce training, service engineering infrastructure, automation, and R&D in advanced packaging technologies like wirebond, flip chip, and integrated system packaging. ASMPT will support Tata Electronics in preparing for its semiconductor assembly and test facilities in Vemagal, Karnataka, and Jagiroad, Assam while promoting energy and…