Power Grid Corporation of India Limited (PGCIL) has commissioned the North Eastern Region Strengthening Scheme-XII (NERSS-XII) project, effective 2 November 2024.
The notification for commercial operation was received on 23 November 2024.
NERSS-XII is an interstate transmission scheme aimed at enhancing the power infrastructure in India’s North-East region. PGCIL developed the project for Rs 5.76 billion.
Sunly has secured €300 million in debt financing to accelerate the development of 1.3 GW of renewable energy facilities, including solar, wind, storage, and hybrid parks, across the Baltics and Poland. This investment aims to enhance regional energy security and independence, particularly as the region prepares to separate from the Russian and Belarusian electricity grids. The financing, provided by Rivage Investment, Copenhagen Infrastructure Partners (CIP), and Kommunal Landspensjonskasse, will support the construction of integrated hybrid…
Danish wind turbine manufacturer Vestas has secured an 810MW order for the Empire Wind 1 project, marking its entry into the US offshore wind market. The company will supply and commission 54 V236-15.0MW turbines as part of the deal with Equinor. The agreement, finalized in March 2024, includes a five-year service contract to ensure optimal performance. The V236-15.0MW turbine, certified in 2023, has become a key part of Vestas’ global portfolio, with over 13GW in…
The Ministry of Power (MoP) has revised the provision of budgetary support for hydroelectric and Pumped Storage Projects (PSPs), allocating Rs 124.6 billion from FY 2024–25 to 2031–32 to support 31 GW of hydroelectric capacity, including 15 GW from PSPs. The support is capped at Rs 10 million/MW for projects up to 200 MW, and Rs 2 billion plus Rs 7.5 million/MW for projects exceeding 200 MW, with an increase to Rs 15 million/MW for…
Rovco has completed unexploded ordnance (UXO) clearance at the Baltic Sea site for the upcoming Windanker offshore wind farm, under a contract awarded by Iberdrola. This project marks Rovco’s inaugural offshore wind venture in German waters. The operation at Windanker utilized advanced 3D modelling and enhanced inspection capabilities to identify and address UXO and non-UXO objects. Confirmed UXOs were safely relocated or disposed of, with comprehensive inspections ensuring the removal of all potential hazards. Rovco’s…
Constellation Energy has placed a $100 million order for a main power transformer, marking a critical step in the revival of the Three Mile Island nuclear reactor in Pennsylvania, according to Reuters. The transformer is the largest single piece of equipment needed for the reactor’s restart. Constellation has committed to investing $1.6 billion by 2028 to bring the plant back online. Following a detailed survey of the site, which assessed essential infrastructure and equipment, Constellation…
TVS Motor Company plans to boost sales of its electric vehicles in both developed and developing markets, betting on India’s potential to become a major export hub for electric two-wheelers. The company aims to leverage its facility in Indonesia to serve nearby ASEAN markets, where it began selling its electric scooter, the TVS iQube, last year. In the first quarter of the current fiscal year, TVS sold 52,000 electric two-wheelers, up from 39,000 units in…
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