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Envision secures 116 MW turbine order from Blueleaf for Madhya Pradesh project

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Envision Wind Power Technologies India has secured a 116 MW wind turbine supply order from Blueleaf Energy for a co-located wind-solar hybrid power project in Madhya Pradesh. The project, set to begin construction in 2024 and complete by 2025, supports India’s renewable energy goals.

The agreement involves the supply of EN-156 3.3 MW turbines. The project, part of Blueleaf Energy’s goal to deploy over 5 GW of renewable capacity in India by 2030, aims to deliver 24/7 clean energy while reducing grid expansion needs and lowering the levelized cost of energy (LCOE).

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IGREL Renewables raises Rs 3 billion, targets 2 GW renewable capacity by FY27

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IGREL Renewables, the IPP platform of INOXGFL Group, has secured Rs 3 billion in equity funding from prominent investors. The company aims to reach 2 GW of installed renewable capacity, focusing on wind and solar energy, by FY27. With a planned investment of Rs 12 billion over the next three years, IGREL is positioning itself as a leading C&I renewable power generation platform. The company has already secured power purchase agreements and letters of intent…

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MERC rejects BEST’s petition to terminate Tata Power contract

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BEST petitioned the Maharashtra Electricity Regulatory Commission (MERC) to terminate its power purchase agreement with Tata Power‘s Trombay Unit 5, citing high energy charges ranging from Rs 8 to Rs 11 per unit.  BEST argued that these tariffs were burdening 1.08 million consumers in Mumbai. However, MERC dismissed the plea, highlighting transmission constraints in sourcing power from outside Mumbai, necessitating Tata Power’s embedded generation for a secure supply. During a recent bidding, Sai Wardha Power…

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Servotech secures Rs 102 million order for solar storage in Uttar Pradesh

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Servotech Power Systems has secured a Rs 102 million order to deploy 1.2 MW of solar energy storage and grid-connected systems from the Rural Development Department of Uttar Pradesh and the Uttar Pradesh New & Renewable Energy Development Agency (UPNEDA). The company will install multiple 75 kW solar-based energy storage systems and design, manufacture, supply, install, and commission 20 kW and 40 kW grid-connected solar power systems. This initiative aims to boost renewable energy penetration…

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IndiGrid partners with BII, Norfund, Techno Electric to develop greenfield transmission projects across India

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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…

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Power Grid wins Khavda transmission project amid competitive bidding

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Power Grid Corporation of India Ltd (PGCIL) has secured the letter of intent (LoI) for the project, titled “Provision of Dynamic Reactive Compensation at Khavda Pooling Station 1 (KPS1) and Khavda Pooling Station 3 (KPS3),” in Gujarat through tariff-based competitive bidding, marking its fourth ISTS-TBCB win in September 2024.   The project involves the installation of STATCOMs at KPS1 and KPS3 to manage high voltage fluctuations caused by intermittent renewable energy in the region. The estimated…

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MSETCL issues tender for 400/220 kV substation in Amravati district

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Maharashtra State Electricity Transmission Company (MSETCL) has released a tender for the construction of a 400/220 kV substation at Nandgaon Peth in Amravati district. The contract, valued at Rs 2.4296 billion, includes the establishment of associated transmission lines under the Amravati Zone. The bid submission deadline is set for October 9, 2024.

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