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MAHAGENCO-NTPC consortium top bidder for Sinnar Thermal Power plant

India, News

A consortium of Maharashtra’s state-owned MAHAGENCO and NTPC has emerged as the top bidder to acquire the 1,350 MW Sinnar Thermal Power plant near Nashik, with a bid of Rs 38 billion, surpassing Adani Power in the initial bidding round.  The consortium could potentially leverage its existing 2,190 MW Koradi power plant near Nagpur to supply coal and operate the Sinnar facility. The plant, originally developed by Indiabulls Power and currently a subsidiary of RattanIndia…

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Saatvik Green wins 200 MW solar module contract from MAHAGENCO

India, News

Saatvik Green Energy has secured a contract with Maharashtra State Power Generation Co. Ltd (MAHAGENCO) to supply 200 MW of n-type TOPCon 580 Wp modules to various locations across Maharashtra. The total value of the order is estimated at INR 30.2 billion. With a module manufacturing capacity of 3.8 GW as of FY24-25, Saatvik is strategically expanding and developing PV modules with advanced zero-busbar and 24-busbar technology. The company is also exploring investments in electrolyser…

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Sunkind secures 570 MW solar project from Maharashtra government

India, News

Sunkind has announced securing a 570 MW solar energy project from Maharashtra State Power Generation Company Limited (Mahagenco) under the Mukhyamantri Saur Krushi Vahini Yojana (MSKVY 2.0 scheme).  The project includes a 569 MW EPC component and a 10.4 MWp ground-mounted solar PV agriculture feeder system at Satmane in Nashik, aimed at enhancing agricultural power distribution in the region. Sunkind’s CEO Hanish Gupta noted that the project will improve agricultural productivity through reliable power supply…

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Bondada Engineering secures over Rs 110 billion solar EPC contracts

India, News

Hyderabad-based Bondada Engineering Ltd, part of the Bondada Group, has secured two solar EPC mandates worth over Rs 110 billion. According to a stock exchange filing, the company won two orders valued at Rs 76.32 billion and Rs 36.91 billion, respectively, for ground-mounted solar PV projects in Maharashtra under the Mukhyamantri Saur Krishi Vahini Yojana 2.0 (MSKVY 2.0). MSKVY 2.0 is a Maharashtra government initiative aimed at achieving 30% solarization of agriculture feeders by 2025….

Key Power Sector News Roundup for September 30, 2024

Power Bytes

Contract Awards Bajel Projects entered the data centre sector, winning a contract for a GIS substation in Navi Mumbai.  Power Mech secured a Rs 2.27 billion O&M contract for Akrimota Thermal Power Station in Gujarat.  Marsons Ltd won a Rs 6.75 billion contract for a 150 MW solar project in Rajasthan.  L&T Digital Energy Solutions received mandates for Energy Management Systems in South India and expanded its grid modernization projects in the US. SJVN to…

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SJVN to develop 8.1 GW pumped storage, 505 MW floating solar projects in Maharashtra

India, News

State-run SJVN Ltd has signed two MoUs with the Maharashtra Government to develop 8.1 GW of pumped storage projects and 505 MW floating solar projects.  The first MoU, with the Department of Water Resources, covers five pumped storage projects totalling 8.1 GW, including Kolmondapada (800 MW), Sidgarh (1,500 MW), Chornai (2,000 MW), Baitarni (1,800 MW), and Jalvara (2,000 MW).  The second MoU, with MAHAGENCO, focuses on a 505 MW floating solar project at Lower Wardha…

Key Power Sector News Roundup for September 27, 2024

Power Bytes

Marsons Secures LoI for 150 MW Solar Plant in Rajasthan  Marsons has received an LoI from Nacof Oorja to develop a 150 MW solar PV plant in Rajasthan for Rajasthan Renewable Energy Corporation Limited under the KUSUM Scheme Megha Engineering to Invest Rs 210 Billion in Two Hydro Projects Megha Engineering & Infrastructures Ltd (MEIL) will invest Rs 210 billion in two pumped storage hydro projects in Maharashtra, totalling 4,000 MW. The Kamod and Ghosla…

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Maharashtra signs Rs 475 billion MoUs for renewable energy projects

India, News

The Maharashtra government has signed MoUs with four companies worth Rs 475 billion to develop renewable energy projects, in line with the state’s goal to achieve 50% renewable energy by 2030. These projects are expected to create 18,828 jobs, as announced by Deputy Chief Minister Devendra Fadnavis. The companies involved include SJVN, MahaGenco Renewable Energy Ltd, RECPDCL, THDC, and HPRGE-HPCL. Key projects under these agreements include: RECPDCL: A 500 MW hybrid project with an investment…

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Godrej Electricals commissions 25 MW solar project in Maharashtra

India, News

Godrej Electricals and Electronics, a unit of Godrej & Boyce, has commissioned a 25 MW AC ground-mounted solar project in Dhule, Maharashtra for the Maharashtra State Power Generation Company Limited (Mahagenco). Spread across 52 acres, the plant is expected to generate 45 million units of power annually, contributing to Maharashtra’s renewable energy goals by supplying power to the open market. Custom-designed structures with varied heights and wind resistance capabilities were implemented to maximize efficiency, addressing…

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Maharashtra signs MoUs for 5,630 MW pump storage hydro power projects

India, News

On 12 August 2024, the Maharashtra government’s Water Resources Department (WRD) signed three memoranda of understanding (MoUs) for pump storage hydro power projects with a combined capacity of 5,630 MW. The projects, estimated to cost Rs 246.31 billion, are expected to create 10,300 jobs. WRD, as the nodal agency, signed MoUs with Mahagenco, Tata Power, and Avaada Group. Avaada Group will develop two pumped storage projects totaling 2,750 MW, including the 1,500 MW Pawana-Falyan project…