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Godrej Electricals commissions 25 MW solar project in Maharashtra

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Godrej Electricals and Electronics, a unit of Godrej & Boyce, has commissioned a 25 MW AC ground-mounted solar project in Dhule, Maharashtra for the Maharashtra State Power Generation Company Limited (Mahagenco). Spread across 52 acres, the plant is expected to generate 45 million units of power annually, contributing to Maharashtra’s renewable energy goals by supplying power to the open market. Custom-designed structures with varied heights and wind resistance capabilities were implemented to maximize efficiency, addressing…

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PFC invites bids for 3 GW renewable energy transmission project in Gujarat

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Power Finance Corporation (PFC), through its subsidiary PFC Consulting, has issued a tender for selecting a transmission service provider to establish an inter-state transmission system (ISTS) for evacuating 3 GW of renewable energy from Raghanesda, Gujarat under Phase I. The last date for bid submission is November 19, 2024. Bidders are required to submit an earnest money deposit of Rs 176 million, with the project expected to start commercial operations within 24 months. The 765/400…

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Ministry of Power issues EV charging infrastructure guidelines for 2024

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The Ministry of Power has released guidelines for the installation and operation of electric vehicle (EV) charging infrastructure across India. The 2024 guidelines apply to public, semi-public, and private charging stations, allowing anyone to set up and operate EV stations as it is now a de-licensed activity. Power utilities are required to provide electricity connections within 3 to 90 days, depending on the location. Public Charging Stations can be established on public land at subsidized…

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ONGC Green to acquire 288.8 MW of wind power assets from PTC India

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ONGC Green Energy Limited (OGL), a subsidiary of Oil and Natural Gas Corporation (ONGC), has signed a share purchase agreement (SPA) with PTC India Limited to acquire its 288.8 MW operational wind power projects. The projects, consisting of 157 wind turbine generators, are located across Andhra Pradesh, Madhya Pradesh, and Karnataka.

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Dalmia Cement aquires 26 per cent stake in Solsolis Solar Energy

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Dalmia Cement (Bharat) Limited, a subsidiary of Dalmia Bharat Limited, has entered into an agreement to acquire 26 per cent of the equity share capital of Solsolis Solar Energy Solutions Private Limited. The acquisition involves 3.02 million equity shares, valued at Rs 30.24 million. This strategic investment will enable Dalmia Cement to source solar power as a captive consumer for up to 11.2 MW in Odisha. The deal, subject to customary conditions, is expected to…

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Patel Engineering emerges as L1 bidder for Teesta-VI Powerstation in Sikkim

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Patel Engineering (PEL) has emerged as the lowest bidder (L1) for a Rs 2.4 billion contract awarded by NHPC for the Teesta-VI Powerstation in Sikkim. The project involves modifying a diversion tunnel into a tunnel spillway arrangement, including civil and hydro-mechanical (H&M) works, and is expected to be completed in 18 months. The contract covers construction of a tunnel spillway, gate operation chamber, precast bridge, and energy dissipation arrangement, among other tasks. PEL, with a…

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Avaada to invest Rs 2.5 trillion in renewable energy and manufacturing

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Avaada Group plans to invest Rs 2.5 trillion over the next seven years across multiple businesses, including facilities for ingot, wafer, and glass manufacturing. The renewable energy provider is also focusing on green hydrogen and ammonia ventures, targeting 11.5 GW of energy capacity by 2026 and 30 GW by 2030. The company is building solar panel factories, with a second module factory under construction in Nagpur and another planned for Greater Noida, aiming for a…

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SBEC commissions 40.5 KWp solar project in Uttar Pradesh

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SBEC Systems (India) has commissioned a 40.5 KWp solar power project at Kumkum Modi Public School in Baraut Rural, Baghpat, operational since 20 September 2024. This follows the company’s earlier commissioning of a 675 KWp solar project at Modi Arc Electrode Company, Modinagar, in July 2024. SBEC Systems, specializing in the sugar and power sectors, provides engineering and consultancy services, including project design, planning, fabrication, erection, and commissioning.

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CEA clears two hydro pumped storage projects in Maharashtra

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The Central Electricity Authority (CEA) has cleared the 1,500 MW Bhavali PSP by JSW Energy and the 1,000 MW Bhivpuri PSP by Tata Power, adding over 15 GWh of energy storage capacity.   For FY25, CEA aims to approve 15 hydro PSPs totalling 25,500 MW, with four projects already cleared. The renewable energy share in India’s power generation is expected to rise to 35 percent by FY30. Additionally, the Union Cabinet has approved a revised scheme…

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Union Cabinet approves Rs 91.97 billion Bio-RIDE scheme

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The Union Cabinet has approved the continuation of the Department of Biotechnology’s (DBT) umbrella schemes, now unified under the Biotechnology Research Innovation and Entrepreneurship Development (Bio-RIDE) initiative. The scheme, which includes a new component focused on Biomanufacturing and Biofoundry, has a budget of Rs 91.97 billion for the 15th Finance Commission period (2021-2026). Bio-RIDE aims to strengthen India’s position in biotechnology and biomanufacturing by fostering innovation, promoting bio-entrepreneurship, and bridging the gap between academic research…