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Report: July 2024 transformation capacity update

In July 2024, India’s power sector saw the addition of 4,360 MVA to its transformation capacity. This brought the total capacity added for the fiscal year 2024-25, up to July, to 14,620 MVA. As a result, the current total transformation capacity in India reached 12,65,700 MVA. The Central Sector added 4,815 MVA in July. Powergrid, a key player in this sector, contributed 2,815 MVA to this total. The State Sector added 9,805 MVA. Andhra Pradesh…

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KPI Green Energy receives LoI for 13.3 MW solar projects  

KPI Green Energy has announced that it has received Letters of Intent (LoI) for developing 13.30 MW of green energy projects. The projects will be executed by the company’s wholly-owned subsidiary, Sun Drops Energia, as stated in a regulatory filing. These solar power projects, with a total capacity of 13.30 MW, will be developed under the Captive Power Producer (CPP) business segment. The projects are set to be completed in various tranches during the financial…

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US-India Civil Nuclear Commerce meeting underscores deepening collaboration in science and clean energy

Union Minister Dr. Jitendra Singh chaired a crucial bilateral meeting on US-India Civil Nuclear Commerce at Prithvi Bhavan, focusing on the expanding partnership between the two countries in science, technology, and clean energy. During the meeting, Dr. Singh announced that an Indian astronaut from the Gaganyaan Mission would soon join the International Space Station, marking a significant milestone in Indo-US space collaboration. Dr. Singh emphasized the importance of the US-India partnership in securing global supply…

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India, Singapore to discuss semiconductors

A high-level meeting between senior ministers of India and Singapore has laid the groundwork for an upcoming visit to Singapore by Prime Minister Narendra Modi, Singapore’s Foreign Minister Vivian Balakrishnan announced.   During this meeting, new areas of collaboration, such as advanced manufacturing, semiconductors, aviation, and maritime connectivity, were added to the ISMR agenda. The Singaporean foreign minister emphasized the potential of collaborating in the semiconductor industry, a key area for India’s expansion, where Singapore has…

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Indian Railways eyes nuclear power to boost renewable energy usage

Indian Railways is considering using nuclear power through captive units as part of its strategy to increase reliance on non-fossil fuel sources. Aiming to become a net-zero carbon emitter by 2030, the Railways expects to need 30,000 MW of renewable capacity by 2029-30 to achieve this target. Alongside nuclear power, Indian Railways is already working on commissioning solar power units, wind-based power plants, and exploring hydel power options. In each of these areas, the Railways…

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Government approves BioE3 policy to boost biomanufacturing

The Union Cabinet has approved the BioE3 (Biotechnology for Economy, Environment, and Employment) Policy, proposed by the Department of Biotechnology, aimed at fostering high-performance biomanufacturing in India. The BioE3 policy focuses on innovation-driven support for research and development (R&D) and entrepreneurship across various thematic sectors. It aims to accelerate technology development and commercialization by establishing biomanufacturing and Bio-AI hubs, as well as biofoundries.   This policy will further reinforce government initiatives such as achieving a ‘Net…

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Explainer: Nepal transforms from electricity importer to exporter of India

Nepal, once plagued by frequent blackouts, has transformed into a significant electricity exporter to India. The country is set to supply an additional 251 megawatts (MW) of power to India, mainly through Bihar, due to a medium-term sales agreement involving 12 hydropower projects. This will increase Nepal’s total power exports to India to 941 MW, enough to power nearly 190,000 homes for an entire year. This transformation was set in motion by the Power Trading…

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India’s industrial sector sees surge in natural gas consumption: IEEFA 

India’s natural gas consumption has rebounded significantly from the post-COVID-19 slump, with small-to-medium scale industries leading the charge. According to a recent report by the Institute for Energy Economics and Financial Analysis (IEEFA), sectors such as tea plantations, manufacturing, liquefied petroleum gas (LPG) shrinkage, and sponge iron have driven this resurgence. Although the power sector has seen an increase in gas use for peak demand over the past two fiscal years, it has not yet…

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BHEL secures Rs 110 billion orders from Adani Power

Bharat Heavy Electricals Ltd (BHEL) has secured three major orders from Adani Power Ltd and its subsidiary Mahan Energen Ltd to supply main plant equipment, including boilers, turbines, and generators, and oversee the erection and commissioning of three upcoming supercritical coal-based power projects. The total value of these orders exceeds Rs 110 billion, excluding GST. The projects awarded to BHEL are: Kawai (Phase-II), 2×800-MW, Rajasthan Kawai (Phase-III), 2×800-MW, Rajasthan Mahan (Phase-III), 2×800-MW, Madhya Pradesh The…

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UJVN invites bids for Rs 2.66 billion Tiuni Plasu hydroelectric project in Uttarakhand

UJVN Ltd has invited bids for the construction of a barrage intake and related works, including river diversion, for the 72 MW Tiuni Plasu hydroelectric project (HEP) on the Tons River in Dehradun district, Uttarakhand. This contract is valued at Rs 1.34 billion. Additionally, bids are invited for the head race tunnel adits surge shaft excavation and penstock works for the HEP, valued at Rs 1.32 billion. The bid submission deadline for both contracts is…