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Adani Green Energy subsidiary establishes Adani Hydro Energy Four

Author: Power Peak Digest Team Pub Date: December 4, 2024 Adani Saur Urja (KA) Limited, a wholly owned subsidiary of Adani Green Energy Limited (AGEL), has incorporated Adani Hydro Energy Four Limited (AHE4L) for renewable energy projects...

Solar Industries India secures Rs 20.39 billion defence export order

Author: Power Peak Digest Team Pub Date: December 4, 2024 Solar Industries India and its subsidiary have secured export orders worth Rs 20.39 billion for the supply of defence products to international clients.  The deliveries will span four years...

Uttar Pradesh leads RDSS project funding among states

Author: Power Peak Digest Team Pub Date: December 3, 2024 An analysis based on a Lok Sabha reply has revealed that Uttar Pradesh, Maharashtra, and Tamil Nadu are the top three states with the highest project cost sanctioned under the Revamped...

CEA recommends higher-capacity OPGW to support broadband expansion

Author: Power Peak Digest Team Pub Date: December 3, 2024 The Central Electricity Authority (CEA) has advised the adoption of higher-capacity optical ground wire (OPGW) in upcoming power transmission projects to facilitate telecom service providers. ...

O2 Power signs renewable energy PPA with East Central Railway

Author: Power Peak Digest Team Pub Date: December 3, 2024 O2 Power Private Limited has signed a Power Purchase Agreement (PPA) with East Central Railways (ECR) for the supply of 100 MW Round-The-Clock (RTC) Renewable Energy (RE) power in India. In...

Odisha Approves Rs 92 Billion Investment in Solar Manufacturing Facilities

Author: Power Peak Digest Team Pub Date: December 3, 2024 The Odisha government has approved proposals from Grew Energy, Saatvik Solar, Jakson Engineers, and Jupiter Renewables to establish solar cell and module manufacturing facilities, totalling an...

KPI Green secures Rs 13.11 billion solar project at Khavda Solar Park

Author: Power Peak Digest Team Pub Date: December 3, 2024 KPI Green Energy Limited has won Coal India Limited’s auction to develop a 300 MW grid-connected ground-mounted solar project at Khavda Solar Park in Gujarat.  The contract, valued at Rs 13.11...

GUVNL concludes 500 MW BESS and 200 MW wind power auctions

Author: Power Peak Digest Team Pub Date: December 3, 2024 Gujarat Urja Vikas Nigam Limited (GUVNL) has announced the results of its 500 MW/1,000 MWh standalone battery energy storage systems (BESS) auction under Phase IV.  H.G Infra Engineering...

PFC Consulting forms SPV for 3 GW renewable power transmission in Gujarat

Author: Power Peak Digest Team Pub Date: December 3, 2024 PFC Consulting Limited (PFCCL), a subsidiary of Power Finance Corporation (PFC), has incorporated a special purpose vehicle (SPV) named Raghanesda RE Transmission Limited.  The SPV will...

PFCCL forms SPV Kurnool-III PS RE Transmission

Author: Power Peak Digest Team Pub Date: December 3, 2024 PFC Consulting Limited (PFCCL), a subsidiary of Power Finance Corporation (PFC), has incorporated a special purpose vehicle (SPV), Kurnool-III PS RE Transmission, for the Transmission system...

India targets 777 GW power capacity by 2030 with focus on thermal and hydro

Author: Power Peak Digest Team Pub Date: December 3, 2024 Union Minister of State for Power, Shripad Naik, informed Parliament that India is actively expanding its power generation and transmission capacity to meet growing energy demands.  Currently...

Sterling Tools partners with Meishuo Electric for latching relays production

Author: Power Peak Digest Team Pub Date: December 3, 2024 Sterling Tools has formed a partnership with Zhejiang Meishuo Electric Technology to manufacture latching relays in India, aiming for Rs 2 billion in revenue by FY2030.  A new facility will be...

BPCL and CIL collaborate on coal-to-SNG project in Maharashtra

Author: Power Peak Digest Team Pub Date: December 3, 2024 Bharat Petroleum Corporation Limited (BPCL) and Coal India Limited (CIL) signed a non-binding memorandum of understanding (MoU) on December 2, 2024, in Mumbai.  The collaboration aims to...

Advait Energy selected for 50 MW battery storage project in Gujarat

Author: Power Peak Digest Team Pub Date: December 3, 2024 Advait Energy Transitions, formerly known as Advait Infratech, has been declared a qualified bidder by Gujarat Urja Vikas Nigam Ltd (GUVNL) for a 50 MW/500 MWh standalone battery energy...

Mahindra Susten establishes Steer Hybren for renewable energy projects

Author: Power Peak Digest Team Pub Date: December 3, 2024 Mahindra Susten Private Limited has incorporated a wholly owned subsidiary, Steer Hybren Private Limited, to implement renewable energy projects across India.  Established on November 29...

Shimato Enterprises partners with Constronics Infra for 21 MW solar project in Tamil Nadu

Author: Power Peak Digest Team Pub Date: December 3, 2024 Shimato Enterprises Private Limited signed a term sheet agreement with Constronics Infra Limited for the development of a 21 MW solar power project in Virudhunagar, Tamil Nadu on November 29...

Sterling and Wilson secures Rs 5.04 billion solar project in Rajasthan

Author: Power Peak Digest Team Pub Date: December 3, 2024 Sterling and Wilson Renewable Energy Ltd (SWREL) has secured a Rs 5.04 billion contract to develop a solar photovoltaic (PV) plant in Rajasthan.  The project, awarded by an independent power...

NTPC to expand capacity to 130 GW by 2032

Author: Power Peak Digest Team Pub Date: December 3, 2024 NTPC aims to increase its installed capacity from 76 GW to 130 GW by 2032, presenting significant growth prospects for micro, small, and medium enterprises (MSMEs).  The company’s procurement...

Supreme Court panel clears five hydro projects on Ganga

Author: Power Peak Digest Team Pub Date: December 3, 2024 A Supreme Court-appointed panel has backed the development of five hydroelectric projects (HEPs) in Uttarakhand, despite opposition from the Ministry of Environment and Forest (MoEF) and the...

Sunshine Capital announces solar energy finance products

Author: Power Peak Digest Team Pub Date: December 3, 2024 Sunshine Capital Limited has announced the launch of financial products to support solar energy adoption.  The Board of Directors approved the plan during a meeting held on December 3, 2024...

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