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CEA releases draft amendment to transmission planning criteria
The Central Electricity Authority (CEA) of India has issued a draft amendment to the “Manual on Transmission Planning Criteria, 2023,” which took effect on April 1, 2023. This document outlines the planning procedures and criteria for developing India’s electricity transmission system. The amendment introduces a new chapter detailing procedures for planning electric power transmission systems and updates parameters for certain conductors. It aims to enhance the planning and development of a reliable, efficient, and economical…
SBEC commissions 40.5 KWp solar project in Uttar Pradesh
SBEC Systems (India) has commissioned a 40.5 KWp solar power project at Kumkum Modi Public School in Baraut Rural, Baghpat, operational since 20 September 2024. This follows the company’s earlier commissioning of a 675 KWp solar project at Modi Arc Electrode Company, Modinagar, in July 2024. SBEC Systems, specializing in the sugar and power sectors, provides engineering and consultancy services, including project design, planning, fabrication, erection, and commissioning.
World Bank approves USD 250 million for renewable energy in Lebanon
The World Bank’s Board of Executive Directors has approved a USD 250 million project to expand renewable energy sources (RES) in Lebanon and support ongoing electricity grid reforms. The initiative will strengthen Lebanon’s state-owned Electricité du Liban (EDL) operational and commercial systems, increase grid-connected RES supply, and reinforce the national power network. Key components include developing a grid-connected solar photovoltaic (PV) plant, rehabilitating the Litani River Authority (LRA) hydropower plant, and upgrading the EDL transmission…
RattanIndia Power reports Rs 0.93 billion profit in Q1 FY25
RattanIndia Power posted a consolidated net profit of Rs 0.93 billion for the April-June 2024 quarter, primarily driven by higher revenues. This marks a significant turnaround from the Rs 5.49 billion loss reported in the same quarter last year. The company’s total income rose to Rs 10.16 billion in the reporting quarter, up from Rs 9.36 billion a year ago, according to a regulatory filing.
Insolation Energy secures Rs 5 billion contract for rooftop solar in Rajasthan
Insolation Energy Limited has won a contract valued at Rs 5 billion from Rajasthan Renewable Energy Corporation Limited (RRECL) to install 77 MW of rooftop solar power systems across Rajasthan. The project includes the design, supply, erection, testing, commissioning, and installation of rooftop solar photovoltaic (PV) systems on state government and government-owned buildings in Jaipur, Ajmer, and Kota districts. Under the contract, a 67 MW solar plant will be set up in Jaipur, while Kota…
India and Africa aim to double trade to USD 200 billion in seven years
Commerce and Industry Minister Piyush Goyal highlighted the vast potential for economic cooperation between India and Africa, proposing to double two-way trade to USD 200 billion in the next seven years. Speaking at CII’s India-Africa business conclave, Goyal identified key sectors for collaboration, including agriculture, pharmaceuticals, mining, tourism, auto, critical minerals, and renewable energy. Goyal emphasized the need to engage more African countries in India’s duty-free tariff preference (DFTP) scheme, noting that currently, only a…