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Himachal Pradesh to develop pumped storage projects, approves first two schemes

The Himachal Pradesh government has initiated pumped storage projects (PSPs) with the approval of two key projects: the 1,630 MW Renukaji pump storage project in Sirmaur district and the 270 MW Thana Plaun pump storage project in the Beas Basin, Mandi district. Chief Minister Sukhvinder Singh Sukhu confirmed the projects have been allotted to Himachal Pradesh Power Corporation (HPPCL), with work already underway. The Renukaji project will generate 40 MW, and the Thana Plaun hydropower…

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Apraava Energy awarded transmission project in Rajasthan

Apraava Energy has secured an interstate transmission project in Rajasthan through the tariff-based competitive bidding (TBCB) process. The project involves the construction of approximately 200 km of 400 kV and 765 kV transmission lines, along with a pooling station, to facilitate the evacuation of 5.5 GW of renewable energy from Rajasthan’s Renewable Energy Zone Phase IV. Located in the Jaisalmer and Barmer regions, the project will play a key role in India’s renewable energy goals….

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Sealmatic India wins supply order from BHEL

Sealmatic India has won a contract to supply engineered mechanical seals for the DVC Raghunathpur Thermal Power Station Phase-II, with an installed capacity of 1320 MW (2 x 660 MW), through Bharat Heavy Electricals Ltd (BHEL). The order is expected to be completed within 24 weeks. Sealmatic specializes in designing and manufacturing high-precision, heavy-duty mechanical seals for power plant applications, including nuclear and thermal plants. The mechanical seals will be used in critical components such…

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CEA releases report on right-of-way width calculation

The Central Electricity Authority (CEA) has released a committee report on the calculation of Right-of-Way (RoW) width for transmission lines built with contemporary technological options. The report focuses on RoW calculations for transmission lines utilizing monopole towers and HTLS (high temperature low sag) conductors. The report offers comparisons between RoW widths for different configurations, including ACSR conductors with monopole structures, HTLS conductors with monopole structures, and HTLS conductors with conventional lattice towers. This new report…

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CTUIL approves Rs 4 billion interstate transmission schemes under RTM

The Central Transmission Utility of India Ltd (CTUIL) has approved seven interstate transmission system (ISTS) schemes worth nearly Rs 4 billion under the regulatory tariff mechanism (RTM). Announced on September 13, 2024, these projects, located across the eastern, western, and northern regions, will be executed by Power Grid Corporation of India Ltd (PGCIL) or its TBCB subsidiaries. The schemes, each costing under Rs 1 billion, include: Implementation of 220kV line bays for a 500-MW renewable…

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Tata Power-DDL receives 20-year patent for self-regenerating transformer breather

Tata Power Delhi Distribution Ltd (Tata Power-DDL) has been granted a 20-year patent for its innovative self-regenerating transformer breather, designed to protect transformers from moisture ingress and extend their operational lifespan. The patented technology reduces the need for frequent replacement of Silica gel in transformer breathers, a component crucial for preventing moisture damage. Traditionally, Silica gel in breathers must be replaced 4-6 times before the two-year maintenance schedule of a transformer, but with the new…

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Waaree Energies gets SEBI green signal for IPO

Waaree Energies Limited, an Indian solar PV module manufacturer, has received final approval from the Securities and Exchange Board of India (SEBI) for its initial public offering (IPO) to raise Rs 30 billion. The IPO will include a fresh issue of shares with a face value of Rs 10 per equity share, and an offer for sale (OFS) of up to 3.2 million equity shares, as outlined in its draft red herring prospectus filed in…

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Sustainiam to generate carbon credits for 400 MW renewable assets of Brookfield Asset Management

Sustainiam announced it has onboarded 400 MW of renewable assets from Brookfield Asset Management as part of a 5-year agreement aimed at generating and trading carbon credits. The renewable assets include 50 wind projects across states such as Gujarat, Tamil Nadu, Karnataka, and Rajasthan. Sustainiam will evaluate the green energy practices at these assets to generate carbon credits and International Renewable Energy Certificates (I-REC). Additionally, Sustainiam will facilitate Brookfield in trading these credits through its…

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myTVS launches Mobility-as-a-Service platform, plans 10,000 EVs by 2025

Digital automotive aftermarket platform myTVS has introduced its pan-India ‘Mobility-as-a-Service’ (MaaS) platform aimed at serving last-mile electric vehicle (EV) fleet operators. The platform brings together various ecosystem partners, including original equipment manufacturers (OEMs), to provide a full range of services for the entire EV fleet lifecycle. The Chennai-based company, part of the TVS Mobility Group, plans to add 10,000 electric two-wheelers to its fleet by March 2025. myTVS has also partnered with EV-based logistics firm…

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NHPC pays Rs 12.86 billion dividend to Government for FY2023-24

State-owned hydro power giant NHPC has paid a total dividend of Rs 12.86 billion for the financial year 2023-24. On September 20, 2024, NHPC disbursed a final dividend of Rs 3.39 billion to the Government of India. Earlier in the fiscal year, an interim dividend of Rs 9.48 billion was paid on March 5, 2024. The company’s board had recommended a final dividend of Rs 0.50 per equity share, or 5% of the face value,…