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KEC International achieves record order book of Rs 425 billion
KEC International Ltd has recorded its highest-ever order book, including L1 positions, reaching over Rs 425 billion as of November 5, 2024. The confirmed order book stands at Rs 340.88 billion, with an L1 position valued at around Rs 85 billion. From April 1 to November 5, 2024, KEC’s order inflow reached Rs 134.82 billion,…
REC sets vendor framework for PM Surya Ghar
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…
RVPNL clears Rs 267.73 billion transmission projects for green power
Rajasthan Rajya Vidyut Prasaran Nigam Limited (RVPNL) has approved transmission projects worth Rs 267.73 billion to boost the state’s power evacuation capacity, with a strong focus on green energy integration. The utility cleared 15 major schemes. These include nine 765 kV grid substations (GSS), four 400 kV GSS, and two 220 kV GSS. The upgrades…
Solar N Plus secures 500MW solar supply order for overseas market
China-based Solar N Plus New Energy Technology has secured a 500MW supply order for its high-efficiency N-type solar products, bolstering its position in the global renewable energy sector. Renowned for its advanced N-type technology, the company offers higher conversion efficiency and robust resistance to light-induced degradation (LID) and potential-induced degradation (PID), ensuring long-term reliability and…
PFCCL transfers two SPVs for transmission projects
PFC Consulting Ltd (PFCCL) has transferred two project Special Purpose Vehicles (SPVs) to their respective winning bidders for the development of interstate transmission system (ISTS) schemes. The SPVs transferred are: Gadag II & Koppal II Transmission Ltd to Power Grid Corporation of India Ltd Bijapur REZ Transmission Ltd to G R Infraprojects Ltd Both SPVs,…
Masdar and Silk Road Fund to co-invest $2.8bn in renewable energy projects
Masdar, the Abu Dhabi Future Energy Company, and China’s Silk Road Fund have signed a memorandum of understanding (MoU) to co-invest up to 20 billion yuan ($2.8 billion) in renewable energy projects. The agreement, signed at the COP29 climate conference in Baku, Azerbaijan, focuses on Belt and Road Initiative (BRI) countries and the global south….
