|

Avaada Group invests Rs 1 trillion in green energy projects in Rajasthan

By

Avaada Group has announced a Rs 1 trillion investment in Rajasthan to develop large-scale solar, wind, and green ammonia projects. This move follows the signing of a Memorandum of Understanding (MoU) with the state government, a joint commitment to boosting Rajasthan’s renewable energy infrastructure.

The investment will fund major projects, including a 1.2 GW pumped hydro storage project, a 1 million tonne per annum (MTPA) green ammonia facility, a 1 GW wind power project, and a 10 GW solar power project. These initiatives are located across Jhalawar, Kota, Barmer, and Bikaner. The projects are set to be fully operational by 2030.

Avaada’s efforts are expected to attract global investments in industries like green hydrogen, zinc, and lithium, further establishing Rajasthan as a green energy hub. Earlier in 2023, Avaada secured $1.3 billion in funding, including $1 billion from Brookfield’s Energy Transition Fund and $300 million from GPSC, Thailand’s PTT Group subsidiary.

Similar Posts

|

GE Vernova wins contract for 600 MW hydrogen-capable power plant in Singapore

By

GE Vernova has secured a contract to supply its 9HA.01 gas turbine for a new 600 MW hydrogen-capable power plant at the Pulau Seraya power station on Jurong Island, Singapore.  The project, led by YTL PowerSeraya Group, is set to begin operations by 2027. Initially running on natural gas, the plant will be able to blend up to 50% hydrogen, with a future goal of transitioning to 100% hydrogen fuel to support global decarbonization goals….

|

Tata Power-DDL and Nissin Electric to launch India’s first micro substation

By

Tata Power Delhi Distribution (Tata Power-DDL) and Nissin Electric have partnered to launch a demonstration project to supply electricity using India’s first micro substation, aimed at delivering stable power to remote areas without access to the grid. The project agreement was signed on 21 August 2024, with operations set to begin in March 2025 after equipment installation and testing in the outskirts of Delhi. This project features India’s first use of a Power Voltage Transformer…

|

Tamil Nadu inaugurates Sembcorp’s green ammonia plant in Tuticorin

By

Tamil Nadu Chief Minister MK Stalin inaugurated 19 projects worth Rs 17.62 billion and laid the foundation for 28 more with a total investment of Rs 51.16 billion. The most significant project is a Rs 36.24 billion green ammonia plant by Singapore-based Sembcorp Industries, located in Tuticorin. This plant will produce 200,000 tonnes of green ammonia annually, exporting zero-emission fuel to Japan. Nippon Yusen Kabushiki Kaisha will handle the maritime transportation of the green ammonia….

|

SK Innovation and SK E&S merge to form largest private energy company in Asia-Pacific

By

SK Innovation and SK E&S, two subsidiaries of the Korean conglomerate SK Group, have agreed to merge, creating the largest private energy company in the Asia-Pacific region. This strategic move by SK Group aims to establish a solid foundation for future growth in its energy businesses. The merger, set to be finalized on 1 November 2024, will integrate SK Innovation’s oil and battery operations with SK E&S’s liquefied natural gas (LNG) and renewable energy businesses….

|

NamPower partners with Chinese firms to build Namibia’s largest solar plant

By

Namibia’s state-owned utility NamPower has partnered with Chinese companies to begin construction of the country’s largest solar power plant, set to add 100 MW to Namibia’s total installed capacity of 500 MW. The N$1.4 billion ($78.3 million) project will reduce the nation’s reliance on electricity imports from Zambia and South Africa. Financed by an 80% loan from German development bank KfW, with NamPower covering the remaining 20%, the project is expected to be operational by…

|

GE Vernova to supply 7HA.03 gas turbines for Nanko power station in Japan

By

GE Vernova has secured a contract from Kansai Electric Power Company to provide three 7HA.03 gas turbines to modernise the Nanko power station in Osaka, Japan. The turbines will replace existing LNG power generation assets, including three boilers and three steam turbines, significantly increasing the plant’s efficiency and reducing carbon dioxide emissions, aligning with Japan’s net-zero emissions target by 2050. The upgraded Nanko power station is expected to deliver up to 1.8 GW of electricity….

Leave a Reply

Your email address will not be published. Required fields are marked *