KPI Green Energy has received a letter of award (LoA) for the development of a 66.20 MW hybrid power project from Sai Bandhan Infinium. The project will be executed under the company’s captive power producer (CPP) segment, with completion expected by July 2025 in multiple phases.
The Ministry of New and Renewable Energy has reinstated the requirement for solar projects in India to use modules from a government-approved list of domestic producers, known as the Authorized List of Manufacturers and Models (ALMM). This move mandates that Indian solar project developers purchase solar modules from these domestic companies, rather than opting for less expensive foreign suppliers. Economic Impact: The cost of solar projects in India has surged significantly due to this requirement….
Stiesdal Offshore and Copenhagen Infrastructure Partners (CIP), through its Copenhagen Infrastructure V (CI V) fund, have formed a strategic collaboration to establish Stiesdal Offshore as a leading player in the floating wind sector. As part of this partnership, CI V has acquired a minority stake in Stiesdal Offshore. Stiesdal will provide engineering services and project execution support, focusing on reducing costs, simplifying project execution, and accelerating the growth of floating offshore wind. The floating wind…
REC Power Development & Consultancy Ltd (RECPDCL) has created three wholly-owned subsidiaries to develop interstate transmission system (ISTS) schemes across Gujarat, Rajasthan, and Jammu & Kashmir. On October 25, 2024, RECPDCL incorporated Banaskantha Transco Ltd as a special purpose vehicle (SPV) to implement the “Augmentation of transformation capacity at Banaskantha (Raghanesda) PS (GIS)” project in Gujarat. The bidder selection for this ISTS scheme will be carried out through the tariff-based competitive bidding (TBCB) mechanism. RECPDCL…
The Indian Institute of Madras (IIT-M) and Hindustan Zinc have signed a Memorandum of Understanding (MoU) to jointly develop a 1 kWh electrically rechargeable zinc-air battery prototype. Zinc-air batteries, known for their long-duration storage, durability, and affordability compared to lithium-ion batteries, are emerging as a promising alternative in energy storage. Zinc, a more cost-effective material than lithium, offers significant advantages in performance and economic viability. Arun Misra, CEO of Hindustan Zinc, highlighted zinc’s crucial role…
Power Mech Projects has secured an order worth Rs 2.27 billion to provide operations and maintenance (O&M) services for Gujarat Mineral Development Corporation’s 250 MW (2×125 MW) Akrimota Thermal Power Station (ATPS) in Kutch district, Gujarat. The contract includes O&M and repair work for the entire power plant, covering all equipment related to power generation and transmission, including the 220 kV switchyard. The project will span three years from the commencement of work, ensuring the…
Union power minister Manohar Lal announced the finalization of the National Electricity Plan (NEP) for the period 2023 to 2032 at a press conference in New Delhi on September 23, 2024. The NEP aims to develop central and state transmission systems to meet the projected peak power demand of 458 GW by 2032, with a total project outlay of Rs 9 trillion. Key highlights of NEP 2032 include the expansion of the transmission network from…
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