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Sterlite Power wins contract of Rs 682.5 million from PGCIL
Sterlite Power Transmission Limited has secured a contract worth Rs 682.5 million from Power Grid Corporation of India Limited (PGCIL) for reconductoring Package OH01. The package includes the reconductoring of the 220 kV Hisar (PG) to Hisar (IA) single circuit line and the 400 kV Raichur to Veltoor (Mahabubnagar) line with high-tension low-sag (HTLS) conductors. …
NTPC to invest Rs 3-4 trillion for 20 GW nuclear capacity by 2047
NTPC plans to invest Rs 3-4 trillion to develop 20 GW of nuclear power capacity by 2047. It aligns with the government’s target of achieving 100 GW under the Viksit Bharat mission. NTPC’s first nuclear project, the 2,800 MW Mahi Banswara plant in Rajasthan, will be a joint venture with the Nuclear Power Corporation of…
Helical Fusion signs Japan’s first fusion power PPA with Aoki Super
Helical Fusion has entered a power purchase agreement with Aoki Super, marking the first fusion energy PPA in Japan. The agreement links the start-up’s planned stellarator reactor with a major supermarket chain that uses large daily electricity volumes across its stores. Helical Fusion is developing a stellarator reactor design that draws on about seventy years…
EU-backed fund invests USD 32.2 million in UP biogas project
Climate Fund Managers has committed USD 32.2 million in construction equity from its Climate Investor Two fund, supported by the European Union, to Akaia Green Fuels for a compressed biogas project in Uttar Pradesh. The investment marks a scale-up from earlier development-stage funding and supports construction now underway. Project scope The facility will process about…
Ocean Winds and Eletrobras partner to explore offshore wind opportunities in Brazil
Ocean Winds (OW) and Eletrobras have signed a memorandum of understanding (MoU) in São Paulo to collaborate on offshore wind energy projects in Brazil, aligning with the country’s renewable energy targets and economic development goals. This partnership aims to harness Brazil’s wind resources to create a sustainable energy future while promoting local job creation and…
ACME wins SECI’s first green ammonia auction
India’s first green ammonia auction under the Strategic Interventions for Green Hydrogen Transition (SIGHT) programme concluded with ACME Cleantech Solutions securing the winning bid. The company will supply 75,000 metric tonnes of green ammonia annually to Paradeep Phosphates Limited in Odisha at Rs 55.75 per kg for ten years. The auction was conducted by the…
