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Union government sanctions three pilot projects for hydrogen use in steel production

Author: Power Peak Digest Team Pub Date: October 21, 2024 As part of the National Green Hydrogen Mission, the Indian government has approved three pilot projects aimed at utilizing hydrogen in steel production.  The projects include a 50 ton-per-day...

ACME Solar signs PPA with SECI for 150 MW hybrid solar project

Author: Power Peak Digest Team Pub Date: October 21, 2024 ACME Solar Holdings’ special purpose vehicle, ACME Platinum Urja, has signed a Power Purchase Agreement (PPA) with Solar Energy Corporation of India (SECI) for a 150 MW hybrid solar...

Rays Power Infra Secures Rs 9.4 billion Solar Projects

Author: Power Peak Digest Team Pub Date: October 21, 2024 Rays Power Infra has secured solar projects worth Rs 9.4 billion, totalling 362 MW, in Rajasthan.   Additionally, the company won a 600 KW / 3000 KWh flow battery project from NTPC. Ketan...

JSW Energy signs 1,200 MW hybrid power deals with MSEDCL

Author: Power Peak Digest Team Pub Date: October 21, 2024 JSW Energy’s subsidiaries, JSW Renew Energy Six Ltd and JSW Renew Energy Thirty Ltd, have signed power purchase agreements (PPAs) with Maharashtra State Electricity Distribution Company Ltd...

It’s time for Punjab to hand over Shanan power project to Himachal: CM Sukhu

Author: Power Peak Digest Team Pub Date: October 21, 2024 Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu visited the historic 110 MW Shanan Power House in Mandi district, emphasizing the need for its control to be transferred to the Himachal...

L&T partners with US firm for global nuclear power deployment

Author: Power Peak Digest Team Pub Date: October 21, 2024 Larsen & Toubro (L&T) has signed a Memorandum of Understanding (MoU) with US-based Clean Core Thorium Energy (CCTE) to provide efficient clean energy solutions globally.  The...

MERC rejects BEST’s petition to terminate Tata Power contract

Author: Power Peak Digest Team Pub Date: October 21, 2024 BEST petitioned the Maharashtra Electricity Regulatory Commission (MERC) to terminate its power purchase agreement with Tata Power‘s Trombay Unit 5, citing high energy charges ranging...

JSW JFE acquires thyssenkrupp Electrical Steel India

Author: Power Peak Digest Team Pub Date: October 21, 2024 JSW JFE Electrical Steel Pvt Ltd has finalized the acquisition of thyssenkrupp Electrical Steel India Pvt Ltd (tkES India) for Rs 40.51 billion.  This move enables JSW-JFE to enter the...

Tata Power secures LoI from RECPDCL for power transmission project

Author: Power Peak Digest Team Pub Date: October 21, 2024 Tata Power Limited has received a letter of intent (LoI) from REC Power Development and Consultancy Limited (RECPDCL), a subsidiary of REC Limited, to acquire the special purpose vehicle (SPV)...

Azure Power secures REC and HSBC refinancing, completes early bond prepayment

Author: Power Peak Digest Team Pub Date: October 21, 2024 Azure Power Global Ltd, a leading renewable power producer in India, has completed an Rs 24 billion refinancing transaction structured as an INR Term Loan underwritten solely by REC Ltd.  This...

Borosil calls for anti-dumping duty on Chinese solar glass

Author: Power Peak Digest Team Pub Date: October 21, 2024 Borosil Renewables, a leading solar glass manufacturer in India, has called on the government to impose an anti-dumping duty on Chinese solar glass imports to safeguard domestic producers. ...

IIT Indore develops catalyst for economical hydrogen production from methanol

Author: Power Peak Digest Team Pub Date: October 21, 2024 The Indian Institute of Technology (IIT) Indore has developed a catalyst that produces pure hydrogen from methanol at a significantly lower temperature and cost compared to traditional...

PFC issues bids for 6 GW transmission systems for green hydrogen and ammonia projects

Author: Power Peak Digest Team Pub Date: October 18, 2024 PFC Consulting has invited bids to establish transmission systems for evacuating 6 GW of power to support green hydrogen and ammonia manufacturing projects in Kandla and Mundra, Gujarat. The...

Rayzon Solar secures PV module supply contract for L&T’s projects

Author: Power Peak Digest Team Pub Date: October 18, 2024 Rayzon Solar has won a contract to supply 216 MW of high-efficiency photovoltaic (PV) modules to Larsen & Toubro (L&T) for three solar projects across India. The modules will be...

Andhra Pradesh unveils policy to attract Rs 10 trillion investment for clean energy

Author: Power Peak Digest Team Pub Date: October 18, 2024 The Andhra Pradesh government aims to secure Rs 10 trillion in investments through its newly launched AP Integrated Clean Energy (ICE) Policy, focusing on solar, wind, and round-the-clock...

ITC commissions second offsite solar plant in Karnataka

Author: Power Peak Digest Team Pub Date: October 18, 2024 ITC has commissioned a 9.45 MW offsite solar plant in Davangere district, Karnataka, marking its second such facility in the state and fourth in the country, alongside others in Tamil Nadu...

AMPIN Energy Transition achieves financing for RE project in Rajasthan

Author: Power Peak Digest Team Pub Date: October 18, 2024 AMPIN Energy Transition has achieved financial closure for its 200 MW solar-wind hybrid project in Rajasthan, securing green financing of Rs 7.42 billion from Standard Chartered. The total...

Sembcorp Industries secures wind-solar hybrid project from SECI

Author: Power Peak Digest Team Pub Date: October 18, 2024 Sembcorp Industries, through its subsidiary Sembcorp Green Infra, has won a 150 MW wind-solar hybrid project from the Solar Energy Corporation of India (SECI). The project, connected to the...

JSW signs PPA with GUVNL for wind-solar hybrid project

Author: Power Peak Digest Team Pub Date: October 18, 2024 JSW Renew Energy Seventeen, a subsidiary of JSW Energy, has entered into a power purchase agreement (PPA) with Gujarat Urja Vikas Nigam Ltd (GUVNL) for a 192 MW wind-solar hybrid capacity...

Havells India: Cables business grows 23 per cent in Q2FY25

Author: Power Peak Digest Team Pub Date: October 18, 2024 Havells India reported a revenue increase of 22.8% year-on-year in its cables business for Q2 FY25 (July to September). Revenue reached Rs 18.05 billion, up from Rs 14.70 billion in Q2 FY24...

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