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Delhi Metro’s Blue Line awarded carbon-neutral certification

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Delhi Metro’s Blue Line, connecting Yamuna Bank with Vaishali in Ghaziabad, has received carbon-neutral certification, marking a significant milestone for the Delhi Metro Rail Corporation (DMRC). Officials highlighted this achievement as part of DMRC’s commitment to reducing its carbon footprint and addressing climate change. This certification follows similar recognition for DMRC’s corporate headquarters at Metro Bhawan and staff quarters in Sector-50, Noida.  DMRC aims to inspire other urban transport systems to adopt eco-friendly practices, setting…

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Himachal Pradesh unveils plan for 100% electric public transport by 2025

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Himachal Pradesh is set to fully electrify its public transport system, with Chief Minister Sukhvinder Sukhu announcing a plan to convert the Himachal Road Transport Corporation (HRTC) fleet to 100% electric by March 2025.  The transition to electric vehicles aims to reduce the environmental impact and improve HRTC’s financial performance, positioning it as a key player in sustainable transport across Himachal Pradesh’s challenging terrain.

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Adani Group signs pact for key electricity transmission lines in Kenya

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Adani Energy Solutions Ltd (AESL) has signed an agreement with the Kenya Electricity Transmission Company Ltd (Ketraco) to build, finance, and operate key transmission lines in Kenya for 30 years. This initiative aims to upgrade Kenya’s transmission infrastructure to ensure a more reliable power supply amid persistent blackouts. The project, estimated at KSh 95.68 billion (USD 736 million), will be funded through a combination of debt and equity raised by AESL. The Kenyan government will…

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MNRE launches ‘Innovative Projects’ scheme under PM-Surya Ghar

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The Ministry of New and Renewable Energy (MNRE) has introduced Scheme Guidelines for ‘Innovative Projects’ under the PM-Surya Ghar: Muft Bijli Yojana, as notified on October 8, 2024. This initiative aims to foster advancements in rooftop solar technologies, business models, and integration techniques with a budget of Rs 50 billion. The scheme will support startups, institutions, and industries in piloting new concepts such as blockchain-based peer-to-peer solar trading, smart materials, and solar integration with electric…

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Sterling and Wilson reports record Rs 1,050 billion order book

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Sterling and Wilson Renewable Energy Ltd (SWREL) has reported its highest-ever outstanding order book, exceeding Rs 1,050 billion as of October 14, 2024.   In Q2 FY25 (July to September), SWREL recorded an order inflow of approximately Rs 205 billion, including an Rs 82.3 billion order received on October 14. All orders were from the domestic market.

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Oriano Clean Energy secures 184 MWp solar contract in Madhya Pradesh

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Oriano Clean Energy, a leading solar development and EPC company in India, has been awarded a contract to build 184 MWp of solar PV projects in Agar, Malwa, Madhya Pradesh, by Blueleaf Energy, a prominent pan-Asian renewable energy platform. This contract is part of the solar component of Blueleaf Energy’s Pachora Hybrid Power Project. With this new project, Oriano’s EPC portfolio now stands at over 1.5 GWp, with 1 GWp already commissioned and the rest…

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Gautam Solar to expand solar module manufacturing to 5 GW by 2025

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Gautam Solar plans to increase its solar module manufacturing capacity to 5 GW by 2025, with the first phase of expansion to be completed in November 2024, followed by phases in January and April 2025. The Rs 100 billion project will be funded through an IPO, expected in the next 12-18 months. The IPO will also support the construction of a 2-GW solar cell plant. Gautam Solar’s contribution could account for 5-7% of India’s current…

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India’s smart meter presents $20 billion opportunity: Avener report

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A report by Avener Capital highlights that India’s rollout of 250 million smart meters, under the Revamped Distribution Sector Scheme (RDSS), represents a $20 billion opportunity, with Advanced Metering Infrastructure Service Providers (AMISP) project awards projected to grow at a compounded annual rate of 25%. State-wise, Maharashtra and Uttar Pradesh are nearing saturation in terms of project awards, but states like Tamil Nadu, Madhya Pradesh, and Gujarat offer promising opportunities due to the gap between…

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Private sector boosts ISTS transmission line additions in September 2024

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In September 2024, private sector developers Sterlite Power and Renew Transmission Ventures contributed 410 ckm of transmission lines to India’s Inter-State Transmission System (ISTS), marking their first addition to the ISTS network in FY25, according to the Central Electricity Authority (CEA). Sterlite Power commissioned 223 ckm of lines, including the 400kV double-circuit Padghe-Kharghar line (140 ckm) in Maharashtra, as part of its ISTS-TBCB project under “Mumbai Urja Marg Ltd.” Similarly, Renew Transmission Ventures added a…