JSW Steel to commission 580 MW renewable power by March 2025
Author: PPD Team Date: 28/10/2024
Author: PPD Team Date: 28/10/2024
JSW Steel’s Board has approved an expanded power purchase agreement (PPA) to procure renewable power for a total of 2,507 MW across its sites at Vijayanagar, Dolvi, Salem, and Anjar. Of the initial 1,637 MW commitment, 375 MW has already been commissioned, with an additional 580 MW expected to come online by March 2025.
The Board has now greenlit further renewable procurement, including a hybrid energy capacity of 600 MW (200 MW solar and 400 MW wind) at Dolvi, 60 MW at Salem, and 210 MW at JSW Steel Coated Products. These additional capacities are targeted for commissioning by FY27.
Meanwhile, at Vijayanagar, JSW Vijayanagar Metallics (JVML) has made progress with its 5 MTPA project, commissioning a hot strip mill in March 2024. The raw material handling system, sinter plant, and blast furnace are operational, with the steel melt shop in the commissioning phase, expected to ramp up by Q4 FY25.
Author: PPD Team Date: 17/06/2025 On June 16, 2025, the Ministry of Power issued amendments to its 2021 guidelines on the Model Contract Provision for “Dispute Avoidance Mechanism” in hydro power projects. This mechanism involves appointing Independent Engineers (IEs) to resolve disagreements between Central Public Sector Enterprises (CPSEs) and contractors at an early stage. The updated provisions revise payment terms. A retainer fee of Rs 100,000 per month has been fixed for FY 2025–26, with…
Author: PPD Team Date: 14/11/2024 Bureau Veritas has acquired Versatec Energy, a Netherlands-based technical advisory firm specializing in offshore and onshore energy. Financial terms of the acquisition remain undisclosed. This acquisition enhances Bureau Veritas’ expertise in technical compliance and industrial risk management within the energy sector, aligning with its LEAP | 28 strategy focused on renewables and low-carbon assets. The integration of Versatec Energy’s experience strengthens Bureau Veritas’ service offerings in oil and gas, nuclear,…
Author: PPD Team Date: 14/01/2025 Bharat Heavy Electricals (BHEL) and Oil & Natural Gas Corporation (ONGC) have signed a memorandum of understanding (MoU) to collaborate on projects in the new and renewable energy sector. The partnership will focus on advanced technologies such as fuel cells, electrolysers, and battery energy storage systems, supporting India’s National Green Hydrogen Mission. The collaboration aims to leverage the expertise of both entities to drive innovations in the clean energy ecosystem. …
Author: PPD Team Date: 18/10/2024 India is set to become the global engine for energy demand growth through 2035, according to the International Energy Agency’s (IEA) World Energy Outlook 2024. The report highlights India’s rapid expansion, with the country adding more than 12,000 cars daily, increasing built space equivalent to South Africa, and seeing its air-conditioners consume more electricity than Mexico’s total power consumption by 2035. As the world’s third-largest oil consumer, India will increase…
Author: PPD Team Date: 29/07/2025 NTPC Vidyut Vyapar Nigam Ltd (NVVN) has awarded its 250 MW/1,000 MWh standalone battery energy storage systems (BESS) tender to Sunsure Energy and Enerica Infra 3. Sunsure secured 125 MW/500 MWh at Rs 6.64 per kWh, while Enerica won the remaining 125 MW/500 MWh at Rs 6.65 per kWh. The tender, floated in February 2025, is one of India’s first standalone BESS auctions with charging power placed under the bidder’s…
Author: PPD Team Date: 08/01/2025 CHN Energy’s Guohua Energy Investment Co., Ltd. has successfully connected its 400 MW Rudong Integrated Photovoltaic (PV)-hydrogen-storage project to the grid. Located in Rudong County’s Yudong Reclamation Area, the project spans 287 hectares and integrates PV power generation, hydrogen production and refueling, and energy storage. It includes a 220 kV booster station, a 60 MW/120 MWh energy storage facility, and a hydrogen production station with a capacity of 1,500 cubic…
Author: PPD Team Date: 17/06/2025 On June 16, 2025, the Ministry of Power issued amendments to its 2021 guidelines on the Model Contract Provision for “Dispute Avoidance Mechanism” in hydro power projects. This mechanism involves appointing Independent Engineers (IEs) to resolve disagreements between Central Public Sector Enterprises (CPSEs) and contractors at an early stage. The updated provisions revise payment terms. A retainer fee of Rs 100,000 per month has been fixed for FY 2025–26, with…
Author: PPD Team Date: 14/11/2024 Bureau Veritas has acquired Versatec Energy, a Netherlands-based technical advisory firm specializing in offshore and onshore energy. Financial terms of the acquisition remain undisclosed. This acquisition enhances Bureau Veritas’ expertise in technical compliance and industrial risk management within the energy sector, aligning with its LEAP | 28 strategy focused on renewables and low-carbon assets. The integration of Versatec Energy’s experience strengthens Bureau Veritas’ service offerings in oil and gas, nuclear,…
Author: PPD Team Date: 14/01/2025 Bharat Heavy Electricals (BHEL) and Oil & Natural Gas Corporation (ONGC) have signed a memorandum of understanding (MoU) to collaborate on projects in the new and renewable energy sector. The partnership will focus on advanced technologies such as fuel cells, electrolysers, and battery energy storage systems, supporting India’s National Green Hydrogen Mission. The collaboration aims to leverage the expertise of both entities to drive innovations in the clean energy ecosystem. …
Author: PPD Team Date: 18/10/2024 India is set to become the global engine for energy demand growth through 2035, according to the International Energy Agency’s (IEA) World Energy Outlook 2024. The report highlights India’s rapid expansion, with the country adding more than 12,000 cars daily, increasing built space equivalent to South Africa, and seeing its air-conditioners consume more electricity than Mexico’s total power consumption by 2035. As the world’s third-largest oil consumer, India will increase…
Author: PPD Team Date: 29/07/2025 NTPC Vidyut Vyapar Nigam Ltd (NVVN) has awarded its 250 MW/1,000 MWh standalone battery energy storage systems (BESS) tender to Sunsure Energy and Enerica Infra 3. Sunsure secured 125 MW/500 MWh at Rs 6.64 per kWh, while Enerica won the remaining 125 MW/500 MWh at Rs 6.65 per kWh. The tender, floated in February 2025, is one of India’s first standalone BESS auctions with charging power placed under the bidder’s…
Author: PPD Team Date: 08/01/2025 CHN Energy’s Guohua Energy Investment Co., Ltd. has successfully connected its 400 MW Rudong Integrated Photovoltaic (PV)-hydrogen-storage project to the grid. Located in Rudong County’s Yudong Reclamation Area, the project spans 287 hectares and integrates PV power generation, hydrogen production and refueling, and energy storage. It includes a 220 kV booster station, a 60 MW/120 MWh energy storage facility, and a hydrogen production station with a capacity of 1,500 cubic…
Author: PPD Team Date: 17/06/2025 On June 16, 2025, the Ministry of Power issued amendments to its 2021 guidelines on the Model Contract Provision for “Dispute Avoidance Mechanism” in hydro power projects. This mechanism involves appointing Independent Engineers (IEs) to resolve disagreements between Central Public Sector Enterprises (CPSEs) and contractors at an early stage. The updated provisions revise payment terms. A retainer fee of Rs 100,000 per month has been fixed for FY 2025–26, with…
Author: PPD Team Date: 14/11/2024 Bureau Veritas has acquired Versatec Energy, a Netherlands-based technical advisory firm specializing in offshore and onshore energy. Financial terms of the acquisition remain undisclosed. This acquisition enhances Bureau Veritas’ expertise in technical compliance and industrial risk management within the energy sector, aligning with its LEAP | 28 strategy focused on renewables and low-carbon assets. The integration of Versatec Energy’s experience strengthens Bureau Veritas’ service offerings in oil and gas, nuclear,…