Author: Power Peak Digest Team Pub Date: January 7, 2025
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CERC grants interstate trading licence to RECPDCL
Author: Power Peak Digest Team Pub Date: January 20, 2025 The Central Electricity Regulatory Commission (CERC) has granted an interstate trading licence to REC Power Development & Consultancy Ltd (RECPDCL), a wholly-owned subsidiary of REC Ltd. The “Category I” licence allows RECPDCL to engage in interstate electricity trading across India for 25 years. This follows the public notice issued in December 2024, which received no objections, allowing CERC to finalize the licence. RECPDCL is also…
Recurrent Energy secures PPA for 300MW solar project in Spain
Author: Power Peak Digest Team Pub Date: December 11, 2024 Canadian Solar subsidiary Recurrent Energy has signed a ten-year power purchase agreement (PPA) with a US-based technology company for renewable energy from its Tordesillas solar photovoltaic (PV) project in Valladolid, Castilla y León, Spain. The 300MW project, expected to be operational by 2026, will generate 620 gigawatt hours (GWh) annually, powering 188,000 households and reducing CO₂ emissions by 161,000 tonnes annually. Recurrent Energy plans to…
NTPC and RRVUNL form JV for 25,000 MW renewable energy projects in Rajasthan
Author: Power Peak Digest Team Pub Date: January 13, 2025 NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited, and Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL) have established a joint venture (JV) named “NTPC Rajasthan Green Energy Limited” to develop 25,000 MW renewable energy projects in Rajasthan. NGEL holds a 74% equity stake in the JV, while RRVUNL holds 26%. The company will develop, operate, and maintain Ultra Mega Renewable Energy Power Parks…
Sembcorp, Adani, Green Prairie, Adyant Enersol and ReNew win NTPC’s 1.2 GW Wind-Solar Auction
Author: Power Peak Digest Team Pub Date: October 28, 2024 Sembcorp Green Infra, Adani Renewable Energy, Green Prairie Energy III (EverGreen), Adyant Enersol (DATTA INFRA), and ReNew Solar have been selected as winners in NTPC’s auction to develop inter-state transmission system (ISTS) connected wind-solar hybrid power projects with a total capacity of 1.2 GW. Green Prairie Energy and Adyant Enersol secured 200 MW and 70 MW, respectively, at a tariff of Rs 3.28 per kWh….
Ministry of Coal initiates 10th round of commercial coal mine auctions
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Indonesia to increase power capacity by 71 GW by 2034
Author: Power Peak Digest Team Pub Date: January 21, 2025 Indonesia aims to boost its power capacity by 71 GW by 2034, with a significant emphasis on private sector investment. The government, in collaboration with PT PLN (Persero), will prioritize the development of transmission lines to support renewable energy generation, according to Energy Minister Bahlil Lahadalia. The strategy is part of PLN’s 2025-2034 power supply plan, which includes 48,000km of circuit transmission lines, supporting 60%…