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India to invest Rs 9.12 trillion in power transmission infrastructure by 2032
India plans to invest Rs 9.12 trillion to enhance its power transmission infrastructure by 2032, as detailed in the National Electricity Plan (Transmission) presented by Union Minister Shripad Yesso Naik in the Rajya Sabha. The plan covers the addition of 1,91,474 circuit kilometers (ckm) of transmission lines and 1,274 Giga Volt Ampere (GVA) of transformation…
Bhutan, World Bank sign $515 million deal for Dorjilung hydro project
The Royal Government of Bhutan and the World Bank have signed financing agreements worth $515 million for the 1,125 MW Dorjilung Hydroelectric Power Project on the Kurichhu River in eastern Bhutan. The project, with an estimated total cost of $1.7 billion, will be Bhutan’s largest hydropower project under a public-private partnership (PPP) model. The project…
Renewable energy cannibalization lowers solar market revenues in Europe
Photovoltaics (PV) and wind now dominate Europe’s power generation, surpassing fossil fuels, according to the latest Enervis report. However, increasing cannibalization of renewable energy is reducing market revenues for solar and wind power producers. Cannibalization occurs when high solar and wind generation floods the electricity market, driving down prices, sometimes even turning negative. In 2024,…
Land constraints prompt redesign of Ananthapuram-III REZ transmission scheme
The National Committee on Transmission (NCT) has approved a revised transmission scheme for the Ananthapuram-III Renewable Energy Zone (REZ), reducing Phase-I capacity to 3 GW and replacing the proposed 765 kV Bidadi link with an alternative corridor due to land constraints flagged by Karnataka Power Corporation Limited (KPCL). PFC Consulting Limited (PFCCL), the project’s bid…
WestWind Energy signs lease agreement for wind farm project in Australia
WestWind Energy has signed a lease agreement with the New South Wales government for the construction of the Lake Victoria wind farm, a project set to be developed over 2-3 years, from 2029 to 2032. The wind farm is planned to consist of up to 201 turbines, with an estimated capital expenditure of $3.8 billion….
Ahasolar wins Rs 10 million consultancy order for Gujarat solar projects
Ahasolar Technologies Limited has received a consultancy work order from Gujarat Urban Development Company Limited (GUDA), valued at around Rs 10 million. The scope includes preparing detailed project reports (DPRs), assisting in procurement, checking and certifying quality assurance plans, scrutinising design and drawings, and certifying the contractor’s bills. These services support the development of grid-connected…
