Continuum Green Energy has raised USD 150 million in new equity from Just Climate to support its efforts in deploying wind-solar-hybrid energy generation and storage projects across India.
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Juniper, ACME, Sembcorp win SECI’s 600 MW Wind-Solar Auction
Juniper Green Energy, ACME Solar Holdings, and Sembcorp Green Infra have won Solar Energy Corporation of India’s (SECI) auction to develop 600 MW of interstate transmission system (ISTS)-connected wind-solar hybrid projects (Tranche IX). ACME secured 300 MW at a tariff of Rs 3.25 per kWh, while Juniper and Sembcorp were awarded 150 MW each, with Sembcorp’s tariff at Rs 3.26 per kWh. The tender, originally floated for 400 MW, was expanded to 600 MW. According…
Avaada Group inaugurates 70 MW solar project in Uttar Pradesh
Avaada Group has launched a 70 MW solar power project in Banda, Uttar Pradesh, investing Rs 4.08 billion. The project is expected to generate approximately 160 million units of renewable energy annually. Additionally, Avaada is developing two pumped storage projects with a combined capacity of 2,190 MW in the Sonbhadra and Mirzapur districts. The group also plans to develop 1,000 MW of solar power projects in Jalaun, Chitrakoot, and Lalitpur districts, with a total investment…
RECPDCL floats tender for power evacuation from hydro PSPs
REC Power Development and Consultancy (RECPDCL), a subsidiary of REC Limited, has issued a tender to select a transmission service provider for establishing an inter-state transmission system (ISTS) as part of a network expansion program in the western region. The project will support pumped hydro storage projects (PSP) near Talegaon, Pune, Maharashtra, through a tariff-based competitive bidding process. The bid submission deadline is December 20, 2024. The project aims to evacuate 1.5 GW of power…
Avina Clean Hydrogen completes FEED of ammonia plant in Texas
Avina Clean Hydrogen (Avina) has completed the Front-End Engineering Design (FEED) and Front-End-Loading (FEL-3) for its 2,200 metric tons per day (MTPD) clean ammonia facility on the Texas Gulf Coast. The final investment decision (FID) for the facility is targeted for 2025. The facility is expected to produce up to 600,000 metric tonnes per annum (MTPA) of blue ammonia. Avina has secured a long-term water supply agreement with the local water district to meet the…
IndiGrid partners with BII, Norfund, Techno Electric to develop greenfield transmission projects across India
IndiGrid, a power sector infrastructure investment trust, has announced strategic partnerships with British International Investment (BII), the Norwegian Climate Investment Fund, and Techno Electric and Engineering Company to develop greenfield Interstate Transmission System (ISTS) projects across India. In fiscal year 2024, IndiGrid successfully operationalized its first greenfield ISTS project, Kallam Transmission, and secured five additional projects in ISTS and Battery Energy Storage Systems (BESS). These projects are expected to require a capital expenditure of approximately…
NPC approves uniform protection protocol for grid operations
The National Power Committee (NPC), in consultation with Regional Power Committees (RPCs), has approved the Uniform Protection Protocol (UPP) for nationwide implementation. This decision was formalized during the 15th National Power Committee Meeting held in Nagpur, Maharashtra. The protocol aligns with the Indian Electricity Grid Code (IEGC) 2023 and introduces a standardized protection system aimed at enhancing grid stability, reliability, and security. The Uniform Protection Protocol will apply to all entities connected to the grid…