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It’s time for Punjab to hand over Shanan power project to Himachal: CM Sukhu

India, News

Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu visited the historic 110 MW Shanan Power House in Mandi district, emphasizing the need for its control to be transferred to the Himachal Pradesh government following the expiration of the lease period.  Although the power house is currently operated by the Punjab government, Sukhu mentioned that discussions are ongoing regarding its handover. He noted that the Shanan project, built over a century ago, is not covered under the…

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Saatvik Solar supplies 70.2 MW of high-efficiency modules for SJVN’s Punjab power project

India, News

Saatvik Solar has delivered 70.2 MW of high-efficiency Mono PERC 545Wp solar modules for SJVN Limited’s power project in Punjab. These high-performance modules, made from single-crystal silicon, are designed to maximize energy output, even in low-light conditions, and feature a uniform black appearance. Their design makes them especially suitable for projects where space needs to be used efficiently.

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Punjab power minister claims 90% of state consumers enjoy free electricity

India, News

Punjab’s power minister, Harbhajan Singh ETO, stated that 90% of consumers in the state are benefiting from free electricity. He made this announcement while visiting Chakk Tarawala village in the Dharamkot constituency to lay the foundation stone for a 66-KV sub-station and the building of a sub-divisional office at Dagru village. Singh emphasized that the state government is working tirelessly to fulfill its election promises.

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Punjab to establish 66 solar power plants, targeting 264 MW capacity

India, News

The Punjab government plans to set up 66 solar power plants, each with a 4 MW capacity, totalling 264 MW, to reduce reliance on fossil fuels and lower the state’s annual power subsidy. The project is expected to generate approximately 390 million units (MU) of electricity annually. The initiative, which includes feeder-level solarisation, is projected to save around Rs 1.36 billion annually and will be scaled up in the future. The project is set to…

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ARYA secures Rs 1 billion to develop CBG projects with IOCL and BPCL

India, News

ARYA, a subsidiary of GPS Renewables, has raised Rs 1 billion in mezzanine financing as part of a Rs 2 billion funding round aimed at establishing compressed biogas (CBG) projects in collaboration with Indian Oil Corporation Limited (IOCL) and Bharat Petroleum Corporation Limited (BPCL). The financing was provided by InCred Opportunities Fund and Spark Capital, supporting ARYA’s mission to advance biofuel production and contribute to India’s net zero objectives. In the coming year, ARYA plans…

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GAIL and VERBIO India sign MoU to establish agricultural residue-based CBG plants

India, News

GAIL (India) Limited and VERBIO India Private Limited have signed a memorandum of understanding (MoU) to collaborate on establishing compressed biogas (CBG) plants based on agricultural residues across India.  The partnership will involve identifying suitable sites for greenfield CBG plants, conducting feasibility studies, and seeking investment approvals to form a joint venture (JV). Additionally, GAIL is considering acquiring an equity stake in VERBIO’s existing CBG plant in Punjab, further strengthening the collaboration.

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PGCIL secures LoIs for two ISTS schemes in Rajasthan

India, News

Power Grid Corporation of India Ltd (PGCIL) has received letters of intent (LoIs) for two interstate transmission system (ISTS) schemes for evacuating renewable energy from Rajasthan’s Renewable Energy Zone (REZ) Phase IV (6 GW) [Bikaner complex]. The LoIs were issued on October 21, 2024, with PGCIL confirming the notifications on October 22, 2024. The two schemes are: Transmission system for evacuation of power from Rajasthan REZ Phase IV (Part-3: 6 GW) [Bikaner complex]: Part A-…

Power Sector News Roundup for October 21, 2024

Power Bytes

Global: Top European Union economies spend 42 billion euros annually on fossil-fuel company car subsidies, study finds European green electricity PPA prices fall 12.4% in Q3 2024, LevelTen Energy reports Neart na Gaoithe offshore wind farm generates first power for UK grid Hellenic Cables secures contract for Leading Light Wind project in the US deveritec GmbH and Wirepas launch new NIC for Wirepas 5G Mesh in Europe Lhyfe partners with KEYOU for hydrogen mobility in…

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Power supply and allocation overview for September 2024

Analysis, Data Insights

Peak Power Demand Northern Region: The Northern region saw a substantial peak demand, with Uttar Pradesh leading at 30,618 MW, followed by Rajasthan and Punjab. While the peak met rate was largely consistent with demand, regions like Jammu & Kashmir and Uttarakhand saw deficits. Jammu & Kashmir experienced a 12.4% shortfall in meeting the demand, which stood at 3,236 MW, while Uttarakhand faced a smaller gap of 2.9%. Western Region: Maharashtra recorded a high peak…

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Power Mech wins Rs 8.65 billion O&M contract

India, News

Power Mech Projects has received an order worth Rs 8.65 billion for the operation and maintenance (O&M) of the 3×660 MW supercritical thermal power plant at Talwandi Sabo Power, located in Banawala village, Mansa district, Punjab. The contract, awarded by Talwandi Sabo Power, a subsidiary of Vedanta, will commence on November 1, 2024.