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EAC recommends environmental clearance for Raipur and Anuppur thermal projects
The Expert Appraisal Committee (EAC) under India’s Ministry of Environment, Forest and Climate Change (MoEFCC) has recommended environmental clearance (EC) and Terms of Reference (ToR) for two ultra super-critical thermal power projects by Adani Power Limited (APL): the 1,600 MW Raipur (Raikheda) Thermal Expansion Project and the 3,200 MW Anuppur Thermal Power Plant. 1,600 MW Raipur (Raikheda) Ultra Super-Critical Expansion:This expansion project will add 1,600 MW (2×800 MW) to the existing 1,370 MW coal-based thermal…
Aditya Birla Renewables raises Rs 25 billion through NCDs
Aditya Birla Renewables Limited (ABReL), the renewable energy arm of the Aditya Birla Group, has secured Rs 25 billion via a private placement of non-convertible debentures (NCDs). The funds will be used to fuel ABReL’s expansion, reduce existing debt, and support corporate activities. Underwritten by Grasim Industries, the NCD issue attracted strong interest from mutual funds, leading to an oversubscription. The base issue size of Rs 20 billion was fully subscribed, and the green shoe…
FERC rejects plan to expand Amazon data centre capacity
The US Federal Energy Regulatory Commission (FERC) has rejected a proposed amendment to increase Amazon’s data centre load capacity at the Susquehanna nuclear facility in Pennsylvania from 300 MW to 480 MW. The amended interconnection service agreement, executed between Talen Energy, PJM Interconnection, and PPL Electric Utilities, aimed to expand capacity at the data center. FERC raised concerns about the public impact of this increased capacity, noting potential risks to grid stability and consumer power…
India signs key IPEF agreements on Clean and Fair Economy
On 21 September 2024, India signed agreements under the Indo-Pacific Economic Framework (IPEF) for Clean Economy, Fair Economy, and an overarching IPEF arrangement during Prime Minister Modi’s visit to the US. IPEF Clean Economy Agreement (Pillar-III) The Clean Economy Agreement focuses on boosting technical cooperation and clean energy technology deployment. It aims to accelerate renewable energy investments and provide concessional financing for MSMEs. Initiatives like the IPEF Catalytic Capital Fund, with USD 33 million (Rs…
Westinghouse and Hyundai sign contract for reactors in Bulgaria
A consortium of Westinghouse Electric Company and South Korea’s Hyundai Engineering & Construction has secured an engineering services contract with Bulgaria’s Kozloduy NPP-Newbuild. This contract advances the project beyond the front-end engineering and design phase towards the construction of two AP1000 nuclear reactors at the Kozloduy site. The AP1000, a Generation III+ reactor known for its passive safety systems and modular design, will play a central role in Bulgaria’s energy diversification and security efforts. The…
Doosan Enerbility, SGRE and Equinor sign MoU for South Korean wind farm
Doosan Enerbility has entered into a memorandum of understanding (MoU) with Siemens Gamesa Renewable Energy (SGRE) and Equinor to collaborate on the 750MW Bandibuli floating offshore wind farm project off the coast of Ulsan, South Korea. The project, led by Equinor, will deploy Siemens Gamesa’s 15MW large-size wind turbines, while Doosan Enerbility will assemble nacelles at its Changwon wind turbine facility. Doosan Enerbility, which started its offshore wind business in 2005, is the only company…