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Om Infra secures Rs 4.1 billion H&M contract for Kwar HEP

India, News

Om Infra has been awarded a contract valued at Rs 4.1 billion for hydro-mechanical (H&M) works on the 540 MW Kwar hydroelectric power project in Jammu & Kashmir by Chenab Valley Power Projects. The contract includes the complete HM scope, covering procurement, manufacturing, inspection, assembly, testing, painting, transportation, storage, site erection, and commissioning of equipment such as radial gates, stoplogs, gantry cranes, trash racks, and steel liners for pressure shafts.  The project is expected to…

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Datta Infra commits Rs 50 billion to Rajasthan’s renewable energy sector

India, News

Datta Power Infra has signed a memorandum of understanding (MoU) to invest Rs 50 billion in Rajasthan’s renewable energy sector during the Rising Rajasthan 2024 event. The project will focus on developing 1,000 MW of renewable energy capacity, including solar, wind, and hybrid power projects across key districts such as Bikaner, Jaisalmer, Barmer, Nagaur, Pratapgarh, and Jodhpur. These initiatives will integrate with the State Transmission Utility (STU) for efficient energy distribution. Additionally, a significant portion…

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Kyrgyzstan completes key infrastructure for CASA-1000 electricity project

Global, News

The National Electric Grid of Kyrgyzstan (NEGK) has completed the construction of critical infrastructure for the Central Asia-South Asia Electricity Transmission and Trade Project (CASA-1000). This includes 1,243 pylons, 456.06 km of transmission lines, and a substation bay at the 500 kV Datka substation. The CASA-1000 project aims to facilitate the trade of 1,300 MW of electricity among Kyrgyzstan, Tajikistan, Afghanistan, and Pakistan. The initiative will transport surplus hydroelectric power from Kyrgyzstan and Tajikistan to…

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US DOE commits $1.5bn to strengthen power grid infrastructure

Global, News

The US Department of Energy (DOE) has pledged $1.5 billion to improve the country’s power grid infrastructure, funding four transmission projects that will add nearly 1,000 miles of new lines and 7.1GW of capacity. The investment aims to enhance grid reliability and support renewable energy integration. The projects include the Aroostook Renewable Project in Maine, featuring a 111-mile transmission line capable of handling 1.2GW, and the Cimarron Link in Oklahoma, establishing a 400-mile HV DC…

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UNEZA commits $116bn annually to clean power and grid infrastructure

Global, News

Members of the Utilities for Net Zero Alliance (UNEZA) have announced plans to invest over $116 billion per year in clean power generation and grid infrastructure globally in the coming years. Nearly 50% of this investment will focus on transmission and distribution infrastructure. UNEZA, launched at COP28 in 2023, includes 32 major energy companies like Adani Green Energy, Hitachi Energy, and TAQA. The alliance aims to modernise grid infrastructure and drive demand for equipment and…

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Norway’s Norges Bank commits €900 million to Copenhagen Infrastructure Partners’ renewable energy fund

Global, News

Norway’s Norges Bank Investment Management has pledged €900 million ($1.004 billion) to Copenhagen Infrastructure Partners’ (CIP) renewable energy fund, CI V. This fund will focus on developing renewable energy projects, including wind and solar, across various regions. The investment aligns with the Ministry of Finance’s 2019 mandate, which supports investments in unlisted renewable energy infrastructure. The partnership also includes a €250 million investment by Copenhagen and Elgin’s retained management into the solar developer Elgin Energy,…

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Inox Wind secures 201 MW order from Integrum Energy Infrastructure

India, News

Wind energy solutions provider Inox Wind has secured an order for a 201 MW project from Integrum Energy Infrastructure Ltd. The order includes the supply of Inox Wind’s latest 3 MW Wind Turbine Generators (WTGs) and multi-year operations and maintenance (O&M) services post-commissioning. The project will span four states: Madhya Pradesh, Rajasthan, Karnataka, and Maharashtra. Integrum Energy Infrastructure, established by pioneers in the commercial and industrial (C&I) energy supply market in India, is dedicated to…

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Schneider Electric Infrastructure reports 14.3% growth in order backlog

India, News

Schneider Electric Infrastructure Ltd (SEIL) has reported a 14.3% year-on-year growth in its order backlog, which stood at Rs 13.89 billion as of September 30, 2024. The company also noted robust growth in order inflows during FY25. In Q2FY25 (July to September), SEIL achieved an order inflow of Rs 5.72 billion, a 16.3% increase from Rs 4.92 billion in Q2FY24. For H1FY25 (April to September), order inflows rose by 17.5%, totalling Rs 11.04 billion compared…

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Chubu Electric increases stake in OMC Power to over 35%

India, News

Japan’s Chubu Electric has increased its investment in OMC Power, raising its stake from 20% to over 35%, becoming the largest shareholder.  This additional funding will support OMC Power in commissioning 100 MW of energy transition projects and expanding operations in India and South Africa. OMC Power currently operates over 500 clean energy plants, supplying power to telecom towers, institutional rooftops, commercial and industrial sectors, and providing power distribution to rural and underserved areas. Mitsui…

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Sterlite Power and Infravision partner to modernize India’s power transmission infrastructure

India, News

Sterlite Power has teamed up with Infravision to modernize India’s power transmission infrastructure using advanced, technology-driven construction methods.  India’s plan to build 50,000 ckm of transmission lines by 2030 underscores the need for efficient, scalable solutions, and Sterlite Power aims to be a key player in this transformation. Through this partnership, Infravision will provide its innovative transmission construction technology to support 100% of Sterlite Power’s stringing needs across high-voltage projects, ranging from 400 kV to…