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Servotech Power Systems rebrands to Servotech Renewable Power System

Author: Power Peak Digest Team Pub Date: December 20, 2024 Servotech Power Systems has rebranded as Servotech Renewable Power System, signalling its shift to renewable energy.  The new name reflects the company’s focus on solar products, EV chargers...

PFCCL initiates empanelment process for AMISP under RDSS

Author: Power Peak Digest Team Pub Date: December 20, 2024 PFC Consulting Ltd (PFCCL), a subsidiary of Power Finance Corporation Ltd, has initiated the empanelment of advanced metering infrastructure service providers (AMISP) under the...

SWELECT Energy to raise Rs 1.38 billion through NCDs

Author: Power Peak Digest Team Pub Date: December 20, 2024 SWELECT Energy Systems has announced plans to raise Rs 1.38 billion through the issuance of 1,385 non-convertible debentures (NCDs) with a face value of Rs 1 million each via private...

HPSEBL to procure 550 MW solar power from SECI

Author: Power Peak Digest Team Pub Date: December 20, 2024 The Himachal Pradesh Electricity Regulatory Commission (HPERC) has approved Himachal Pradesh State Electricity Board Limited (HPSEBL) to procure 550 MW of ISTS-connected solar power from the...

ACME Solar commissions 1,023 MW solar projects in Rajasthan

Author: Power Peak Digest Team Pub Date: December 20, 2024 ACME Solar has commissioned four co-located ISTS-connected solar projects totaling 1,023 MW in Rajasthan’s Jaisalmer district.  The 1,200 MW capacity project already has a 25-year power...

NHPC to invest Rs 55 billion in Bihar’s renewable energy sector

Author: Power Peak Digest Team Pub Date: December 20, 2024 NHPC Limited plans to invest Rs 55 billion in Bihar’s renewable energy sector to support India’s energy transition.  The company is set to sign a memorandum of understanding with...

Refex Renewables subsidiary partners with LC Infra for solar project

Author: Power Peak Digest Team Pub Date: December 20, 2024 Sherisha Rooftop Solar SPV Four Private Limited, a step-down subsidiary of Refex Renewables & Infrastructure Limited, has partnered with LC Infra Projects Private Limited to form LC Infra...

Jindal Saw to acquire 31.2% stake in ReNew Green MHH One

Author: Power Peak Digest Team Pub Date: December 20, 2024 Jindal Saw Limited has signed a share purchase agreement (SPA) to acquire a 31.20% equity stake in ReNew Green MHH One Private Limited (RGMHH), making RGMHH an associate company. RGMHH...

Adani Transmission and DigiSmart Networks bid for Goa’s smart metering

Author: Power Peak Digest Team Pub Date: December 20, 2024 Adani Transmission Limited (ATL) and DigiSmart Networks Private Limited have submitted bids to serve as the Advanced Metering Infrastructure Service Provider (AMISP) for smart prepaid...

Mercados Energy wins consultancy contract for APDCL power procurement

Author: Power Peak Digest Team Pub Date: December 20, 2024 Mercados Energy Markets India Private Limited has secured a Rs 2.8 million contract to provide consultancy and regulatory support services to Assam Power Distribution Company Limited (APDCL)...

JV secures consultancy contract for Hanol Tiuni hydro project

Author: Power Peak Digest Team Pub Date: December 20, 2024 The joint venture of Convolution Engineering Consultancy LLP and Hydro Consult Engineering Limited has won a Rs 9.85 million contract to provide consultancy services and prepare a...

Tlawng hydro project to begin construction in FY 2025

Author: Power Peak Digest Team Pub Date: December 20, 2024 The Tlawng Hydro-Electrical Project, with a planned capacity of 120 MW, is set to begin construction in FY 2025. Detailed Project Report (DPR) preparation is currently underway. The Central...

Locals oppose survey for proposed nuclear power plant in Koppal district

Author: Power Peak Digest Team Pub Date: December 20, 2024 The central government has selected a site near Arasinakeri, Koppal, for Karnataka’s second nuclear power plant. However, the proposal faces opposition due to land shortages and...

Masali village becomes India’s first solar-powered village on the border

Author: Power Peak Digest Team Pub Date: December 20, 2024 Masali village in Gujarat’s Banaskantha district has become India’s first ‘solar village’ located on the border. The village, with a population of 800, is situated 40 km...

Renewable energy projects face up to 12-month delay in signing of PPAs

Author: Power Peak Digest Team Pub Date: December 20, 2024 India’s renewable energy sector is facing significant delays in securing power purchase agreements (PPAs), which are affecting around 40-45 GW of projects out of a total 80-90 GW in the...

Inox Wind wins 60 MW wind turbine supply contract in Karnataka

Author: Power Peak Digest Team Pub Date: December 19, 2024 Inox Wind Limited has secured a contract from Serentica Renewables India Private Limited (SRIPL) to supply 3 MW-class Wind Turbine Generators (WTGs) for a 60 MW wind power project.  The...

Gensol Engineering secures EPC contract for 22 MW solar projects

Author: Power Peak Digest Team Pub Date: December 19, 2024 Gensol Engineering Limited has won an EPC contract worth Rs 880 million from a steel products company to develop 22 MW solar photovoltaic (PV) power projects in Punjab.  The contract was...

Centre lays foundation for 4,000 MW solar projects in Rajasthan

Author: Power Peak Digest Team Pub Date: December 19, 2024 The Central Government has initiated the development of 4,000 MW solar power projects in Rajasthan, with the foundation stone laid on December 17, 2024. The projects include: Pugal Solar...

NLC India invites EoI for Gurha Thermal Power Project EPC package

Author: Power Peak Digest Team Pub Date: December 19, 2024 NLC India Limited has issued an Expression of Interest (EoI) for the engineering, procurement, and construction (EPC) package for the 3×125 MW Gurha Thermal Power Project.  The EoI was...

Texmaco Rail secures contract for Chhattisgarh transmission lines

Author: Power Peak Digest Team Pub Date: December 19, 2024 Texmaco Rail & Engineering Limited has won a Rs 1,874.1 million contract for constructing nine 132 kV transmission lines totalling 291 km in route length.  The contract, awarded by...

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