Gensol Engineering has been declared the lowest bidder (L1) for a green hydrogen project in Uttar Pradesh, with a bid value of Rs 1.64 billion. The tender, floated by NTPC, involves the generation of green hydrogen using plasma gasification technology from municipal solid waste (MSW) and refuse-derived fuel (RDF) or agricultural waste.
The project will be executed at NTPC’s Netra facility in Greater Noida.
Power Grid Corporation of India Ltd (PGCIL) has acquired Bikaner A Power Transmission Ltd (BATPL) and Bikaner B Power Transmission Limited, both established to support the “Transmission system for evacuation of power from Rajasthan REZ Phase IV (Part-3: 6 GW) [Bikaner complex]” on a build, own, operate, and transfer (BOOT) basis. The acquisition from REC Power Development and Consultancy Limited (RECPDCL), the bid process coordinator, was completed on November 11, 2024.
Synera Renewable Energy (SRE) has received an establishment permit from Taiwan’s Energy Administration for its 495MW Formosa 4 Offshore Wind Project, marking a key milestone in Taiwan’s Phase 3 Zonal Development of Offshore Wind. Located off Miaoli County, Formosa 4 is the first project in this auction round to secure a local government letter of consent, a vital step toward the final establishment permit. Once operational, Formosa 4 will power over 500,000 households, making it…
Sweden’s ambitious nuclear energy expansion, aiming to add 2.5GW of new capacity by 2035 and build ten new reactors by 2045, is projected to cost around Skr400 billion ($38 billion), according to a government-appointed commission. Despite the government’s goals, private sector investment has been lacking due to concerns over the return on large, fixed capital investments. The commission recommended that the Swedish government offer loans covering 75% of the construction costs for new power plants,…
The National Committee on Transmission (NCT) recently recommended six interstate transmission system (ISTS) schemes with a total project outlay of nearly Rs 96.7 billion, to be implemented under the tariff-based competitive bidding (TBCB) mechanism. These schemes aim to enhance India’s power transmission infrastructure across various states. The first scheme focuses on developing a transmission system to supply power to green hydrogen and ammonia manufacturing in the Kandla area of Gujarat, with a planned capacity of…
On October 15, 2024, Power Grid Corporation of India Ltd (PGCIL) was awarded the project SPV “Rajasthan IV H1 Power Transmission Ltd” by RECPDCL, the bid process coordinator, under the tariff-based competitive bidding (TBCB) route. PGCIL will develop the transmission project on a BOOT (Build, Own, Operate & Transfer) basis. The project involves establishing substations in Madhya Pradesh, including 765/400kV, 400/220kV, and 220/132kV substations with associated reactors. The project aims for completion within 24 months….
Steelmaker Rudra Global Infra Products plans to invest Rs 1.9 billion in a 30 MW captive solar project in Gujarat, scheduled to commence operations by January 2025. The solar plant will primarily power the company’s billet and TMT bar manufacturing operations, increasing the capacity utilization of its steel melting shop (SMS) division from 33% to 50%. The project aims to produce one lakh tonne of billets and 2.1 lakh tonne of TMT bars annually. The…
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