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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…
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…
Kent secures design contract for Five Estuaries offshore wind farm
Kent has secured a contract to conduct a concept design study for an HVAC offshore substation platform for the Five Estuaries offshore wind farm, led by RWE. This project is an extension of the operational Galloper wind farm, which has a capacity of 353MW and powers over 444,000 UK homes annually. Located 37km from the Suffolk/Essex coast, the Five Estuaries project is expected to be operational by 2031. Kent’s role involves designing the offshore substation…
India’s interregional electricity transfer surges by 17.7% in early FY25
The volume of interregional electricity transfer in India increased by 17.7% year-on-year during the first four months of FY25, reaching 95,410 million units (MU), up from 81,088 MU in the same period of FY24, according to data from Grid Controller of India Ltd (GRID-INDIA). The Western Region to Northern Region (WR-NR) transfer was the largest component, accounting for 40% of the total interregional transfer in FY25, up from 31% in FY24. The Western (WR) and…
SECI’s latest solar tender shakes up market with Rs 4.98 tariff for 630 MW
The Solar Energy Corporation of India’s (SECI) recent renewable energy tender has stirred the solar market, setting a tariff rate of Rs 4.98-4.99 per unit for 630 megawatts (MW) of solar power. This power will be supplied to BSES Rajdhani Power, BSES Yamuna Power, and Gift City in Gandhinagar. Vena Energy, Hero Future Energies, Hexa Climate, JSW Energy, and Serentica Renewables secured the bids, with JSW Energy winning 230 MW at Rs 4.98 per unit,…
Ohmium to invest Rs 4 billion in Tamil Nadu for green hydrogen plant
Tamil Nadu has secured a Rs 4 billion investment from US-based Ohmium International, Inc., to establish a green hydrogen manufacturing facility in Chengalpattu district. This announcement was made by Chief Minister M K Stalin during his visit to the United States. Ohmium International specializes in designing and manufacturing modular, scalable Proton Exchange Membrane (PEM) electrolyzers, which are essential for cost-competitive green hydrogen production. The company’s electro-chemical products support sustainable energy goals across various industrial, transportation,…