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Jharkhand needs $256 billion for low-carbon transition by 2070: IEEFA
Jharkhand will require about $256 billion (Rs 21.52 lakh crore) between 2026 and 2070 to transition away from fossil fuels while maintaining social and economic stability, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). The study, “Jharkhand’s Just Transition: A Roadmap for Economic Growth and Diversification,” was prepared…
Tata Power reports Rs 10.93 billion net profit in Q2, up 7.47% YoY
Tata Power Company Limited posted a net profit of Rs 10.93 billion for the quarter ending September 2024, marking a 7.47 per cent rise from Rs 10.17 billion in the same period last year. The company’s total income grew by approximately 1.13 per cent to Rs 162.11 billion in Q2 FY2024, up from Rs 160.3…
CEA proposes framework for states to monetise intra-state transmission assets
The Central Electricity Authority (CEA) has released a proposal outlining how states can monetise their existing intra-state transmission networks. The plan seeks to ease the funding gap of more than Rs 9.16 lakh crore identified in the National Electricity Plan (Transmission) 2032, as over half of India’s transmission capacity addition is expected to take place…
SCC Infrastructure-InSolare consortium wins SECI’s green ammonia auction
A consortium of SCC Infrastructure and InSolare has won the Solar Energy Corporation of India’s auction to supply 70,000 tonnes per annum of green ammonia under the Strategic Interventions for Green Hydrogen Transition Programme (Mode-2A, Tranche-I). The supply tariff was set at Rs 53.05 per kg. The green ammonia will be supplied to Madhya Bharat…
BGR Tech partners with Elchemtech to introduce PEM water electrolysers
BGR Tech Limited has signed a Memorandum of Understanding (MoU) with South Korea’s Elchemtech Company Limited to introduce proton exchange membrane water electrolysers (PEMWE) in India. BGR Tech will integrate these electrolysers into its balance-of-plant (BoP) systems for green hydrogen projects nationwide. Both companies also evaluate the feasibility of manufacturing or assembling PEMWE stacks in…
Advait Energy wins contract for HTLS conductor installation in Gujarat
Advait Energy Transitions (formerly Advait Infratech) has secured a contract from Gujarat Energy Transmission Corporation (GETCO) for upgrading critical 66 kV transmission lines in Surendranagar Circle, Gujarat. The project involves the supply, installation, testing, and commissioning of high-capacity HTLS (High-Temperature Low-Sag) conductors. It includes upgrading two transmission lines: Dhrangadhra (220 kV) to Dhrangadhra and Viramgam…
