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CERC issues draft amendment on Deviation Settlement Mechanism for 2024

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The Central Electricity Regulatory Commission (CERC) has released the draft CERC (Deviation Settlement Mechanism and Related Matters) (First Amendment) Regulations, 2024. According to the draft, the charges for injecting infirm power will be zero, unless scheduled after a trial run as per the Grid Code. In such cases, deviation charges will apply to general or WS sellers. Additionally, if the system frequency exceeds 50.05Hz, any deviation of scheduled infirm power by over-injection will incur zero charges.

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Equinor, Polenergia secure permits for 1.44 GW Baltyk offshore wind projects in Poland

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Norway’s Equinor and Polish power utility Polenergia have received crucial construction permits for the Baltyk 2 and Baltyk 3 offshore wind projects in the Baltic Sea. These permits, granted by the Pomeranian Voivodeship in northwest Poland, are pivotal for making the final investment decision and commencing construction. The permits cover a wide range of infrastructure, including 100 wind turbines, internal power and telecommunications networks, two offshore power stations, submarine export cables, and two onshore power…

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India’s first CO2-to-Methanol pilot plant launched in Pune

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India’s first CO2-to-Methanol pilot plant has been unveiled at Thermax Limited’s premises in Pune, Maharashtra. This 1.4 tonnes-per-day capacity plant is a Public-Private Partnership (PPP) between IIT Delhi and Thermax Limited, with a project cost of Rs 310 million. It is supported by the Department of Science and Technology (DST), Ministry of Science and Technology. The plant aims to advance indigenous carbon capture and utilisation (CCU) technologies by developing new catalysts and processes to convert…

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SECI issues tender for 1 GW ISTS-connected solar projects under Tranche XVIII

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The Solar Energy Corporation of India (SECI) has issued a tender inviting bids to develop 1 GW of inter-state transmission system (ISTS)-connected solar power projects for Tranche XVIII. The deadline for bid submission is October 4, 2024. Bidders are required to submit an earnest money deposit of Rs 942,000 per MW, along with a document fee of Rs 50,000 and a non-refundable bid processing fee of Rs 20,000. Selected winners must provide a performance bank…

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L&T wins order from ITER for advanced nuclear fusion project in France

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Larsen & Toubro (L&T) has secured a ‘significant’ contract, estimated between Rs 10 billion and Rs 25 billion, to implement advanced welding technologies for the ITER Organisation’s nuclear fusion project, the world’s largest, located in Cadarache, Southern France. L&T will focus on critical technologies for assembling ports and complex components within the ITER Tokamak’s vacuum vessel. ITER, the International Thermonuclear Experimental Reactor, is a large-scale scientific collaboration aiming to make nuclear fusion a viable energy…

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Samaiden Group forms JV to expand renewable energy portfolio in Indonesia

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Samaiden Group has entered into a joint venture (JV) with PT MCS Bina Energi to expand its renewable energy operations in Indonesia. The venture, made through Samaiden SG Private Limited, a subsidiary of Samaiden Group, will focus on solar photovoltaic systems, power plants, and build-own-operate-transfer projects. Samaiden holds a 70% stake in the JV, while MCS holds 30%. Samaiden will contribute technical expertise, while MCS will leverage its local business and regulatory knowledge.

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Techno Electric wins contract for North Eastern Region Generation Scheme – I 

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Techno Electric & Engineering Company Limited (TEECL) has secured its second interstate transmission system (ISTS) project under the tariff-based competitive bidding (TBCB) method. The project, named “North Eastern Region Generation Scheme – I” (NERGS-I), is to be established in Assam with an estimated cost of Rs 2.14 billion. The project includes constructing a new 400kV switching station at Bokajan, which will later upgrade to a 400/220kV level. Additionally, the project entails a loop-in loop-out of…

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