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JSW Renew, NTPC sign PPA for 700 MW solar project
JSW Renew Energy Thirteen Limited, a subsidiary of JSW Energy, has signed a Power Purchase Agreement (PPA) with NTPC Limited for a 700 MW solar project. The 25-year agreement sets a tariff of Rs 2.59 per kilowatt-hour (KWh) and connects the project to both the Inter-State Transmission System (ISTS) and State Transmission Utility (STU). The project is expected to be commissioned by June 2026. This agreement increases JSW Energy’s solar capacity pipeline to 3.2 GW,…
CEA releases draft amendment to update business procedures
The Central Electricity Authority (CEA) has issued the draft CEA (Procedure for Transaction of Business) (First Amendment) Regulations, 2024, aiming to revise the 2006 regulations on conducting business. A key update to Regulation 12(1) sets the quorum for meetings as half of the appointed members, including the chairperson, with a minimum of three members. If there is a fractional number, it will be rounded up. In the chairperson’s absence, members will select a full-time member…
Tata Power acquires SPV for ERES-XXXIX project
REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, has transferred the special purpose vehicle (SPV), ERES-XXXIX Power Transmission Limited, to Tata Power Company Limited through a tariff-based competitive bidding process. The project involves establishing a 765/400 kV, 2×1500 MVA gas-insulated switchgear substation at Gopalpur in Odisha, along with 199 km of 765 kV transmission lines and 25 km of 400 kV lines, including associated works. The project will be…
Adani Group signs pact for key electricity transmission lines in Kenya
Adani Energy Solutions Ltd (AESL) has signed an agreement with the Kenya Electricity Transmission Company Ltd (Ketraco) to build, finance, and operate key transmission lines in Kenya for 30 years. This initiative aims to upgrade Kenya’s transmission infrastructure to ensure a more reliable power supply amid persistent blackouts. The project, estimated at KSh 95.68 billion (USD 736 million), will be funded through a combination of debt and equity raised by AESL. The Kenyan government will…
8 Rivers, Siemens to develop 270 MW zero-emissions CO₂ turbine
8 Rivers, Siemens to develop 270 MW zero-emissions CO₂ turbine 8 Rivers Capital, a leader in decarbonisation technology, is collaborating with Siemens Energy to develop a zero-emissions turbine capable of generating 270MW of electricity using captured carbon dioxide (CO₂). This project, which began in late 2023, focuses on the development of direct-fired supercritical CO₂ turbines for various applications and fuel types. Siemens Energy has selected a commercially available generator to work in conjunction with the…
Aquila sells 25.9% stake in Norway’s Tesla wind farm
Aquila European Renewables has signed an agreement to sell its 25.9% stake in the 150MW Tesla wind farm in southern Norway to Sunnhordland Kraftlag (SKL) for €27.1 million ($30.1 million). SKL, a Norwegian energy company specializing in hydropower plants, will acquire the stake in the operational onshore wind farm, which Aquila European Renewables had acquired in 2019. The sale price represents a 10.8% premium over Aquila’s fair value of the asset as of 30 June…