Author: Power Peak Digest Team Pub Date: December 20, 2024
GE Vernova T&D India Limited secured a contract worth over Rs 4,000 million from Sterlite Power Transmission Limited on December 19, 2024.
The contract covers the supply and supervision of high voltage (HV) equipment.
The project is expected to be completed by December 19, 2026, and is being implemented through the tariff-based competitive bidding (TBCB) process.
Author: Power Peak Digest Team Pub Date: November 26, 2024 The Biden-Harris Administration, through the US Department of Energy (DOE), has announced $30 million in funding for the Artificial Intelligence for Interconnection (AI4IX) programme. This initiative, supported by the Bipartisan Infrastructure Law, aims to enhance the integration of new energy projects into the power grid by leveraging advanced artificial intelligence (AI) technologies. The AI4IX programme seeks to streamline the interconnection application process, reduce delays, and…
Author: Power Peak Digest Team Pub Date: November 12, 2024 Mahanagar Gas Limited (MGL) has announced an investment of Rs 2.3 billion in International Battery Company (IBC) India to develop a gigafactory in Bengaluru, focused on producing prismatic NMC Li-ion cells for mobility and battery storage applications. This partnership aims to meet India’s demand for locally manufactured battery cells, which are currently imported. MGL has entered a share subscription and shareholding agreement with IBC US,…
Author: Power Peak Digest Team Pub Date: December 3, 2024 Indonesia is in talks with the US and Russia to acquire nuclear power technology, targeting the operation of nuclear power plants by 2036, as reported by Reuters. Vivi Yulaswati, deputy minister at the Ministry of National Development Planning, revealed that the country is evaluating both small modular reactors and conventional nuclear technology to reduce reliance on fossil fuels. However, Indonesia’s seismic activity poses significant challenges…
Author: Power Peak Digest Team Pub Date: January 6, 2025 Power Grid Corporation of India Limited (PGCIL) received the Letter of Intent (LoI) for two Interstate Transmission System (ISTS) projects under the Tariff Based Competitive Bidding (TBCB) route on January 6, 2025. These projects are on a Build, Own, Operate, and Transfer (BOOT) basis: Augmentation of transformation capacity at KPS1 (GIS) and KPS2 (GIS) (Phase-V Part B1 and Part B2 scheme): The project comprises augmentation…
Author: Power Peak Digest Team Pub Date: November 29, 2024 REC has introduced a comprehensive framework to streamline vendor operations under PM Surya Ghar: Muft Bijli Yojna, facilitating the smooth rollout of rooftop solar systems. Appointed by the Ministry of New and Renewable Energy (MNRE) as the national registering authority and lead implementing agency, REC has outlined strict requirements for vendors. During registration, vendors must provide accurate and complete information, as false details will lead…
Author: Power Peak Digest Team Pub Date: December 11, 2024 The Government of Rajasthan (GoR) has signed an agreement with BrightKnight to establish wind-solar hybrid power projects in the state. As part of the agreement, BrightKnight has committed to investing Rs 150 billion to set up over 2,000 MW of wind-solar hybrid capacity in Rajasthan.