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Solar Industries secures Rs 8.87 billion order from Singareni Collieries

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Solar Industries India has received an order worth Rs 8.87 billion from Singareni Collieries Company (SCCL) to supply SME explosives, LDC explosives, and initiating systems for overburden blasting over two years.  This contract bolsters Solar Industries’ position in the mining explosives market and adds to its order book for the coming two years.  SCCL, one of India’s largest coal producers, is a government-owned mining corporation under the Department of Energy, Government of Telangana.

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IEX records 4% increase in traded electricity volume in October 2024

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The Indian Energy Exchange (IEX) reported a traded electricity volume of 9,642 million units (MU) in October 2024, marking a 4% year-on-year growth. IEX also traded 4.44 lakh renewable energy certificates (RECs) in October, a notable 105% increase from the previous year. India’s energy consumption for October reached 140.4 billion units (BUs), a 1% increase from the previous year, according to government data. The Market Clearing Price in the Day-Ahead Market (DAM) fell 39% year-on-year…

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RECPDCL forms two SPVs for ISTS projects in Karnataka and Tamil Nadu

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REC Power Development & Consultancy Ltd (RECPDCL), as the bid process coordinator, has launched two wholly-owned subsidiaries to act as special purpose vehicles (SPVs) for ISTS-TBCB schemes currently under bidding. These SPVs, Bidar Transco Ltd and Tuticorin Power Transmission Ltd, will support crucial transmission upgrades and green energy integration. Project SPV Details: Bidar Transco Ltd Incorporation Date: November 5, 2024 Scheme: Augmentation of transformation capacity with 3×500 MVA, 400/220kV and 1×1500 MVA, 765/400kV ICTs at…

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India to revamp electricity demand forecasting to enhance grid stability

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India is overhauling its electricity demand forecasting approach to better align generation capacity with actual needs and support grid stability amid growing clean energy volumes.  The Central Electricity Authority (CEA) is collaborating with weather agencies for enhanced environmental data and plans to increase forecast frequency, transitioning from assessments every five years to a two-year and eventually annual schedule, according to Chairperson Ghanshyam Prasad. Rising usage of intermittent solar and wind energy, combined with changing power…

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India approves 50 solar parks to boost 37.5 GW renewable capacity

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The Union Ministry of Renewable Energy has approved the establishment of 50 solar parks with a combined capacity of 37.5 GW, marking a major milestone in India’s renewable energy journey.  These solar parks will be strategically placed across various states to optimize energy generation and distribution, supporting India’s goal to transition towards cleaner energy sources and reduce reliance on fossil fuels. Alongside the solar parks, the government is expanding offshore wind energy projects along the…

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Airox Nigen expands with 1 MW green hydrogen system in Russia

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Airox Nigen has launched a 1 MW green hydrogen system in Russia, marking a significant step in its global expansion and commitment to environmental sustainability.  This system, designed to produce hydrogen without greenhouse gas emissions, aligns with Airox Nigen’s strategy to strengthen its international presence and contribute to the global shift towards renewable energy.  Through these installations, the company aims to reduce carbon footprints and support climate change mitigation efforts across diverse markets.

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ISA’s seventh assembly showcases global solar initiatives and launches new projects

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The International Solar Alliance (ISA) opened its seventh Assembly session in New Delhi, with ministers from 29 nations in attendance. India’s Minister for New and Renewable Energy and ISA Assembly President, Shri Pralhad Joshi, emphasized the pivotal role of solar energy, stating, “Solar energy is leading the world toward a sustainable future.” He noted ISA’s successful completion of 21 of 27 demonstration projects, showcasing significant strides in solar energy deployment globally, especially in Least Developed…

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India issues 11,098 MW in renewable energy tenders, draws $103 mn in October investments

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In October, India’s renewable energy sector surged with 16 new tenders, totalling a capacity of 11,098 MW.  Auctions allocated 6,316 MW to various developers, pushing India’s total renewable capacity beyond 200 GW, including large hydro, while total electricity generation capacity reached 452.69 GW.  Rajasthan, Gujarat, Tamil Nadu, and Karnataka led in renewable installations. Key tenders included NHPC’s 1,200 MW solar and SECI’s 1,200 MW round-the-clock renewables.  NTPC launched a 1,200 MW wind-solar hybrid tender with…

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K.P. Energy secures 1,003.7 MW EPC orders from KPI Green

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K.P. Energy, based in Gujarat, has secured engineering, procurement, and construction (EPC) contracts totalling 1,003.7 MW from its parent company, KPI Green Energy.  The projects include an 86.8 MW hybrid plant (70 MW solar and 16.8 MW wind), a 641.9 MW hybrid plant (518 MW solar and 123.9 MW wind), and a 275 MW solar plant.  These projects were awarded to KPI Green Energy through various tenders by Gujarat Urja Vikas Nigam Ltd (GUVNL).  K.P….

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NTPC to establish world’s first green hydrogen plant using plasma oxy gasification

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NTPC Limited, through its R&D arm NETRA, is set to build a green hydrogen production plant that will use plasma oxy gasification technology for municipal solid waste (MSW) and agri-waste.  This pioneering plant will generate high-purity hydrogen (over 99.9%) through plasma-assisted ‘oxy gasification’ of MSW-RDF/agri-waste, creating a superior synthesis gas (syn-gas). From this, hydrogen is separated using a combination of gas membrane and pressure swing adsorption techniques. This plant, which is the world’s first of…