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Centre to set up mineral trading exchange under SEBI framework
Union Coal and Mines Minister G Kishan Reddy has announced that the central government will establish a mineral trading exchange, modelled on the London Metal Exchange (LME), according to a report by PTI. Reddy said the platform will be developed in line with Securities and Exchange Board of India (SEBI) regulations. He noted that the…
Hindustan Zinc to procure 530 MW of RE from Serentica Renewables
Hindustan Zinc has entered into a group captive arrangement with Serentica Renewables to secure 530 MW of round-the-clock (RTC) renewable power. The agreement involves Hindustan Zinc investing Rs 3.27 billion to acquire a 26% stake in Serentica and its affiliates. Serentica will develop captive renewable energy projects across India to supply power to Hindustan Zinc…
O2 Power wins 200 MW in SECI’s auction for renewable energy supply
Altra Xergi Power, a subsidiary of O2 Power, secured 200 MW in SECI’s auction for 8,000 MWh (2,000 MW x 4 hours) of peak renewable energy supply from ISTS-connected projects under tariff-based competitive bidding (FDRE-VI). The winning tariff was Rs 8.50 per kWh. The auction saw participation from ACME Solar Holdings and Avaada Energy, with…
Adani Group commits Rs 600 billion to expand power plants in Chhattisgarh
The Adani Group has committed Rs 600 billion to expand power plants in Raipur, Korba, and Raigarh, increasing its power generation capacity by 6,120 MW. This investment was announced in a meeting with Chief Minister Vishnu Deo Sai on 12 January 2025. The plan aims to enhance the state’s industrial and social infrastructure, focusing on…
- India | Generation | News
Coal India and DVC form JV to build 1,600 MW Chandrapura thermal plant
Coal India Limited (CIL) and Damodar Valley Corporation (DVC) have signed a Joint Venture Agreement (JVA) to set up a 1,600 MW coal-based power plant at DVC’s existing Chandrapura Thermal Power Station (TPS) in Jharkhand. The agreement was signed on November 7, formalising a 50:50 partnership between the two public sector entities. The project involves…
MNRE posts Moldova’s 105 MW wind tender
Moldova’s Energocom has issued a wind power tender of about 105 MW, and the Ministry of New and Renewable Energy has posted the notice on its website. The tender seeks onshore projects using modern multi MW turbines with a minimum rating of 3 MW. The technical requirements remain extensive. Turbines must comply with IEC Class…
