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SECI issues tender for 400 MW DCR-compliant solar modules in Andhra Pradesh
The Solar Energy Corporation of India (SECI) has floated a tender to procure 400 MW of Domestic Content Requirement (DCR)-compliant solar modules for a project in Ramagiri, Andhra Pradesh. The modules must be manufactured, tested, packed, forwarded, supplied, and transported, with deliveries set to begin in October 2025. The bid submission deadline is December 5, 2024. The tender divides the capacity into four 100 MW packages, allowing bidders to apply for one or more packages….
JUSNL terminates contract with BGR Energy Systems over delays
State transmission utility Jharkhand Urja Sanchar Nigam Ltd (JUSNL) has terminated its contract with BGR Energy Systems Ltd, citing delays in completing the agreed scope of work. The contract, signed on September 9, 2020, involved the supply, installation, testing, and commissioning of 132/33kV GIS substations at Sarath, Sundernagar, and Chattarpur in Jharkhand. BGR Energy Systems disclosed in a stock exchange filing that the termination, communicated via a letter dated August 14, 2024, and received on…
Ruloans partners with UGRO Capital to enter renewable energy finance market
Ruloans, a credit distribution company, has partnered with UGRO Capital, a lending platform, to tap into the growing renewable energy finance market. As a direct sales agent (DSA), Ruloans has added rooftop solar finance products to its loan portfolio. This partnership is set to benefit from the PM Surya Ghar: Muft Bijli scheme, which is expected to increase the number of individuals installing rooftop solar panels. The collaboration with UGRO Capital grants Ruloans access to…
Google signs deal with Kairos for 500MW nuclear projects by 2035
Google has signed a master plant development agreement with Kairos Power to generate clean energy for its AI data centres using small modular nuclear reactors (SMRs). The agreement outlines a plan to deploy 500MW of advanced nuclear power projects across the US by 2035. Kairos Power will oversee the development, construction, and operation of a series of advanced reactor plants, providing Google with energy, ancillary services, and environmental attributes through power purchase agreements. The first…
MCA-Nepal awards USD 38.89 million contract to Techno Electric for 400KV substation
The Millennium Challenges Account Nepal Development Committee (MCA-Nepal) has awarded a USD 38.89 million contract to India’s Techno Electric and Engineering Limited for constructing a 400KV substation at Damauli, Tanahun. The Damauli substation will facilitate electricity transmission from Ratmate, Lekhnath, and New Butwal, supported by the MCC-Nepal Compact to ensure power supply across a 314-km stretch from Kathmandu to Bardaghat Susta near the Indian border.
NCT approves TBCB route for Rs 100 billion interstate transmission projects
The National Committee on Transmission (NCT), in its 22nd meeting on August 23, 2024, recommended the tariff-based competitive bidding (TBCB) route for four interstate transmission system (ISTS) schemes, with a total project outlay exceeding Rs 100 billion. These projects are aimed at strengthening India’s power transmission infrastructure, particularly for renewable energy zones and green hydrogen production areas. The first scheme focuses on the augmentation of transformation capacity at the Bidar pooling station in Karnataka, with…