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NTPC board approves investment for two thermal power projects

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The Board of Directors of NTPC has approved investments for two power projects during its meeting on September 19, 2024. The Darlipali Super Thermal Power Project, Stage-II (1×800 MW) in Sundargarh, Odisha, received approval with an estimated cost of Rs 111.31 billion. Additionally, the Sipat Super Thermal Power Project, Stage-III (1×800 MW) in Bilaspur, Chhattisgarh, was approved with an estimated cost of Rs 97.91 billion. These two thermal power projects represent a combined investment of…

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Purvah Green partners with Ecoren Energy for wind power project

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CESC’s subsidiary, Purvah Green Power, has signed a binding term sheet with Ecoren Energy India to develop a wind power project with a capacity of up to 686.85 MW. The project is expected to be completed within three years, pending necessary permits and approvals from relevant authorities. Purvah Green Power focuses on renewable energy generation and trading, while its parent company, CESC, based in Kolkata, specializes in the generation, transmission, and distribution of electrical power.

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Rhetan TMT to establish 2 MW solar power plant in Gujarat

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Rhetan TMT, a manufacturer of TMT bars and round bars, plans to set up a 2 MW solar power plant at its Kadi manufacturing facility in Gujarat for captive use.   The company operates a rolling mill with a daily capacity of 100-120 MT in Mehsana district, producing products for the construction industry. Rhetan TMT has signed an MoU during the Vibrant Gujarat Global Summit 2024, with the Gujarat government offering support in securing necessary registrations…

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Ion Exchange wins Rs 1.61 billion order from Adani Power

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Ion Exchange has secured a Rs 1.61 billion contract from Adani Power for total water and environment management solutions at two 800 MW units for Raipur and Raigarh ultra-super power projects in Madhya Pradesh. The scope includes engineering, procurement, and construction (EPC) for water and environment management systems, to be completed within 18 months. The project covers the entire water cycle, from pre-treatment and process water treatment to wastewater management, recycling, zero liquid discharge, and…

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PGCIL dominates Rajasthan REZ Phase IV transmission system

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Power Grid Corporation of India Ltd (PGCIL) is set to dominate the tariff-based competitive bidding (TBCB) components of the “Transmission System for Rajasthan REZ Phase IV (Part 2: 5.5 GW) (Jaisalmer/Barmer)” interstate transmission system (ISTS) scheme. This massive scheme, divided into nine components, includes seven TBCB-based sections and two non-TBCB components (Part G and Part H2). PGCIL has formally won four components—Part B, Part C, Part D, and Part E—and was recently declared the successful…

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PGCIL wins transmission project for renewable energy evacuation from Rajasthan REZ

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Power Grid Corporation of India Ltd (PGCIL) has been declared the successful bidder for an interstate transmission system (ISTS) project to evacuate renewable energy from Rajasthan’s Renewable Energy Zone (REZ) Phase IV. PGCIL will establish the project under tariff-based competitive bidding (TBCB) on a build, own, operate, and transfer (BOOT) basis. The project, named “Transmission System for evacuation of power from Rajasthan REZ Phase IV (Part 2: 5.5 GW) (Jaisalmer/Barmer Complex): Part H1,” will involve…

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Consultant appointed for intrastate TBCB scheme in UT of J&K

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PFC Consulting Ltd (PFCCL) has appointed New Delhi-based GIS Data Solutions as the technical consultant for an intrastate transmission system (InSTS) project in Jammu & Kashmir. The consultant will carry out land surveys and prepare the project report for the transmission network. The project, officially titled “Laying of downstream transmission network from upcoming 400/220kV grid substation Siot, Rajouri (ISTS) and construction of a 160MVA, 220/66/11kV grid station at Baghthali, Kathua along with LILO of 220kV…

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More evacuation infrastructure planned for Kurnool RE zone in AP

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A new interstate transmission system (ISTS) is being developed to evacuate renewable energy from the Kurnool Renewable Energy Zone (REZ) in Andhra Pradesh. The project, named “Transmission system for integration of Kurnool-IV REZ – Phase-I (for 4.5 GW),” will be implemented under the tariff-based competitive bidding (TBCB) route, with REC Power Development & Consultancy Ltd (RECPDCL) managing the process. With an estimated cost of Rs 5.55 billion, the project is expected to be completed within…

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GE Vernova and Lizard Renewables launch Alva Power to develop 1 GW of RE projects in Italy

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GE Vernova and Lizard Renewables have announced the creation of Alva Power, a 50-50 joint venture aimed at advancing Italy’s electrification and decarbonization goals. Alva Power will focus on developing over 1 GW of wind, battery energy storage systems (BESS), and photovoltaic (PV) solar projects, initially targeting onshore wind projects in Italy. The joint venture combines GE Vernova’s financial and technological strengths with Lizard’s regional network to drive new renewable energy initiatives. In the future,…

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Monarch Private and Invenergy secure $170 million tax equity for samson solar II

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Monarch Private Capital and Invenergy have secured nearly $170 million in tax equity financing for the 200 MW Samson Solar Energy Center II in Lamar County, Texas. Developed by Invenergy, the project will contribute over $27 million in taxes and funding to local schools and the county throughout its lifespan. The solar facility is expected to begin operations later in 2024 and is part of Invenergy’s larger 1,310 MW Samson Solar Energy Center, the largest…