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SRPC proposes 6,000 MW reverse capacity upgrade for Raigarh-Pugalur HVDC system
The Southern Regional Power Committee (SRPC) has proposed enhancing the reverse transfer capacity of the ±800kV, 6000 MW Raigarh-Pugalur HVDC system from 3,000 MW to 6,000 MW. The National Committee on Transmission (NCT) is expected to discuss this proposal in its upcoming meeting later this month. Currently, the Raigarh-Pugalur HVDC link can transfer 6,000 MW in the forward direction from Raigarh (Chhattisgarh) to Pugalur (Tamil Nadu). The estimated cost for the reverse capacity project is…
Diamond Power wins Rs 1.09 billion contract for power cable supply
Diamond Power Infrastructure has received a letter of intent (LoI) from Swastika Infra for the supply of power cables, securing a contract worth Rs 1.09 billion. The contract involves supplying 11 kV 240 sq. mm XLPE Al 3 core cable for a robust project under the Madhya Gujarat Vij Company (MGVCL) schemes. The order will be fulfilled on a kilometre rate basis for Swastika Infra, a contractor of MGVCL. This contract further strengthens Diamond Power’s…
Congress accuses government of breaking promise on Nagarnar Steel Plant privatization
The Congress party has accused the government of reneging on its promise to keep the Nagarnar Steel Plant in Chhattisgarh’s Bastar region under public ownership. Jairam Ramesh, Congress General Secretary, cited a media report indicating that the Union Ministry of Finance is likely to invite bids for privatizing NMDC Steel (NSL) within the next two months. Ramesh criticized the move, pointing out that Prime Minister Narendra Modi had assured on October 3, 2023, that the…
SSE Thermal, EET Hydrogen to develop green hydrogen facility in North West England
SSE Thermal and EET Hydrogen have partnered to build a green hydrogen production facility, named Gowy Green Hydrogen, at the Stanlow Manufacturing Complex in Ellesmere Port, Cheshire. The initial 40 MWe facility will supply hydrogen to local industries and is expected to begin operations by 2028. Feasibility studies are complete, and design and site investigations are currently underway. A planning application is expected in 2025, with a final investment decision to follow. In August 2024,…
Gensol, Matrix to develop India’s first green steel production facility
Gensol Engineering has partnered with Matrix Gas & Renewables to establish India’s first green steel production facility using 100% green hydrogen. The project, with a total capital expenditure of Rs 3.21 billion, will receive 50% capex incentives from the Government of India under the National Green Hydrogen Mission. Sanctioned as one of three pilot projects by MECON, in coordination with the Ministry of Steel (MoS) and the Ministry of New and Renewable Energy (MNRE), the…
Neuron Energy raises Rs 200 million in Series A funding
Neuron Energy, a key player in EV battery manufacturing, has raised Rs 200 million in its Series A funding round from investors including the Chona Family and Capri Global Family Office. The funds will enhance R&D capabilities and establish a state-of-the-art R&D lab in Pune, focusing on battery life, charging times, and cooling systems. The funding will also expand Neuron Energy’s manufacturing with a new 40,000 sq. ft. facility in Delhi, aiming to produce 100…