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Apraava Energy signs 300 MW solar PPA with NTPC for Rajasthan project

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Apraava Energy has signed a power purchase agreement (PPA) with NTPC Ltd for a 300 MW interstate transmission system (ISTS)-connected solar energy project in Rajasthan. Secured through an e-reverse auction at a tariff of Rs 2.65 per kWh, the project is part of NTPC’s solar tender for setting up 1,500 MW of ISTS-connected solar PV power projects across India. The PPA, effective for 25 years from the scheduled commencement of supply, tasks Apraava Energy with…

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Union Cabinet approves PM E-DRIVE Scheme with Rs 109 billion outlay to boost electric mobility

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The Union Cabinet has approved the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme, with a Rs 109 billion budget over two years, aimed at accelerating electric mobility in India. The scheme provides Rs 36.79 billion in subsidies for electric two-wheelers (e-2Ws), three-wheelers (e-3Ws), ambulances, trucks, and other emerging EVs, targeting 2.479 million e-2Ws, 316,000 e-3Ws, and 14,028 e-buses. Buyers will receive demand incentives through an Aadhaar-authenticated e-voucher system. Key allocations include…

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Tamil Nadu issues RePowering, Refurbishment and Life Extension Policy 2024 for wind energy

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Tamil Nadu has introduced the RePowering, Refurbishment, and Life Extension Policy 2024 for wind energy generators (WEGs), effective until March 31, 2030. The policy mandates that all WEGs completing their 20-year operational life must undertake repowering, refurbishment, or life extension projects, while participation remains voluntary for others. Projects connected to the state transmission utility (STU) will be implemented through the state nodal agency. WEGs opting for repowering will have 18 months for execution, while refurbishment…

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Grew Energy to supply TOPCON modules for BluPine Energy’s solar project in Gujarat

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Grew Energy has signed a module supply agreement with BluPine Energy Private Limited for a solar project in Banaskantha, Gujarat. Grew Energy will provide BluPine with advanced TOPCON modules, commonly used in commercial and industrial solar power projects. In May 2024, Grew Energy announced plans to build a fully backward-integrated manufacturing plant in Kathua, Jammu & Kashmir, with an investment of Rs 4.5 billion. BluPine Energy, which has a 4 GW renewable energy portfolio in…

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NHPC declares winners of 1.2 GW ISTS solar projects

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NHPC Limited has announced the winners for the development of 1.2 GW inter-state transmission system (ISTS)-connected solar power projects in India. The successful bidders include Essar Renewables (300 MW), Jevargi Solar (Rays Infra) (200 MW), Onward Solar (50 MW), Avaada Energy (350 MW), and Mahindra Susten (300 MW). Essar Renewables, Jevargi Solar, and Onward Solar quoted a tariff of Rs 2.56 per kWh, while Avaada Energy and Mahindra Susten quoted Rs 2.57 per kWh. The…

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MNRE releases draft guidelines for rooftop solar scheme ‘PM Surya Ghar—Muft Bijli Yojana’

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The Ministry of New and Renewable Energy (MNRE) has unveiled draft guidelines for financial assistance and payment security under the ‘PM Surya Ghar—Muft Bijli Yojana‘ rooftop solar scheme. These guidelines focus on providing central financial assistance to residential consumers through Renewable Energy Services Company (RESCO) and Utility Led Aggregation (ULA) models. The scheme is set to run until March 31, 2027. Under the RESCO model, a third-party renewable energy company will manage the procurement, installation,…

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ITI Limited secures Rs 3 billion order for 100,000 solar street lights in Bihar

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ITI Limited has received an order worth Rs 3 billion from the Bihar Renewable Energy Development Authority (BREDA) to supply and install 100,000 solar street light systems under the Mukhyamantri Gramin Solar Street Light Yojana. The project will cover districts including Gopalganj, Siwan, Samastipur, Purnia, Araria, Gaya, Darbhanga, Patna, Katihar, and Khagaria. The Naini Plant of ITI Limited will manage the supply and installation, which will be supervised by BREDA. Key components of the system…

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Tata Electronics, ASMPT partner for semiconductor assembly

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Tata Electronics has signed a memorandum of understanding (MoU) with ASMPT Singapore to establish semiconductor assembly equipment infrastructure for its chip packaging units in Assam and Karnataka. This partnership will enhance workforce training, service engineering infrastructure, automation, and R&D in advanced packaging technologies like wirebond, flip chip, and integrated system packaging. ASMPT will support Tata Electronics in preparing for its semiconductor assembly and test facilities in Vemagal, Karnataka, and Jagiroad, Assam while promoting energy and…

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Tata Power-DDL and Nissin Electric to launch India’s first micro substation

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Tata Power Delhi Distribution (Tata Power-DDL) and Nissin Electric have partnered to launch a demonstration project to supply electricity using India’s first micro substation, aimed at delivering stable power to remote areas without access to the grid. The project agreement was signed on 21 August 2024, with operations set to begin in March 2025 after equipment installation and testing in the outskirts of Delhi. This project features India’s first use of a Power Voltage Transformer…

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India building 14 new nuclear reactors, Sealmatic eyes opportunities

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India is constructing 14 additional 700 MW nuclear reactors, expected to be operational by 2031-32, following the design of KAPS-4. The Nuclear Power Corporation of India (NPCIL) currently operates 24 reactors with a total capacity of 8,180 MW and has eight units under construction, adding 6,800 MW. Another 10 reactors, totalling 7,000 MW, are in pre-project phases, set to bring the country’s nuclear capacity to 22,480 MW by 2031-32. Sealmatic India, the country’s only ISO…