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PFCCL signs MoU with CEA to collaborate on power sector projects

Author: Power Peak Digest Team Pub Date: October 16, 2024 On October 14, 2024, PFC Consulting Ltd (PFCCL), a wholly-owned subsidiary of Power Finance Corporation, signed a memorandum of understanding (MoU) with the Central Electricity Authority (CEA)...

MoP unveils National Electricity Plan for transmission

Author: Power Peak Digest Team Pub Date: October 16, 2024 The Ministry of Power (MoP) has launched the National Electricity Plan for transmission, targeting the transmission of 500 GW of renewable energy by 2030 and over 600 GW by 2032. The plan also...

PFCCL transfers four SPVs to PGCIL and Adani Energy

Author: Power Peak Digest Team Pub Date: October 16, 2024 On October 15, 2024, PFC Consulting Ltd (PFCCL) transferred four special purpose vehicles (SPVs) for interstate transmission system (ISTS) projects to their winning developers, selected...

PGCIL formally acquires project SPV for “Rajasthan IV H1” ISTS scheme

Author: Power Peak Digest Team Pub Date: October 16, 2024 On October 15, 2024, Power Grid Corporation of India Ltd (PGCIL) was awarded the project SPV “Rajasthan IV H1 Power Transmission Ltd” by RECPDCL, the bid process coordinator, under the...

JSW Renew, NTPC sign PPA for 700 MW solar project

Author: Power Peak Digest Team Pub Date: October 15, 2024 JSW Renew Energy Thirteen Limited, a subsidiary of JSW Energy, has signed a Power Purchase Agreement (PPA) with NTPC Limited for a 700 MW solar project. The 25-year agreement sets a tariff of...

India surpasses 200 GW renewable energy milestone

Author: Power Peak Digest Team Pub Date: October 15, 2024 India has crossed a major milestone in its renewable energy journey, with the nation’s total renewable energy capacity reaching 201.45 GW as of October 10, 2024, according to the Central...

Saatvik Green wins 200 MW solar module contract from MAHAGENCO

Author: Power Peak Digest Team Pub Date: October 15, 2024 Saatvik Green Energy has secured a contract with Maharashtra State Power Generation Co. Ltd (MAHAGENCO) to supply 200 MW of n-type TOPCon 580 Wp modules to various locations across...

Adani Energy adds 2,000 ckm to transmission portfolio

Author: Power Peak Digest Team Pub Date: October 15, 2024 Adani Energy Solutions Ltd (AESL) has added over 2,000 circuit kilometers (ckm) to its under-construction power transmission portfolio with three new project wins in Q2 FY25. These projects...

Centre explores PLI scheme for localising power transmission supply chain

Author: Power Peak Digest Team Pub Date: October 15, 2024 The Indian government is considering various incentive options, including a production-linked incentive (PLI) scheme, to localise equipment for the power transmission sector, according to...

Delhi Metro’s Blue Line awarded carbon-neutral certification

Author: Power Peak Digest Team Pub Date: October 15, 2024 Delhi Metro’s Blue Line, connecting Yamuna Bank with Vaishali in Ghaziabad, has received carbon-neutral certification, marking a significant milestone for the Delhi Metro Rail Corporation...

Himachal Pradesh unveils plan for 100% electric public transport by 2025

Author: Power Peak Digest Team Pub Date: October 15, 2024 Himachal Pradesh is set to fully electrify its public transport system, with Chief Minister Sukhvinder Sukhu announcing a plan to convert the Himachal Road Transport Corporation (HRTC) fleet...

Adani Group signs pact for key electricity transmission lines in Kenya

Author: Power Peak Digest Team Pub Date: October 15, 2024 Adani Energy Solutions Ltd (AESL) has signed an agreement with the Kenya Electricity Transmission Company Ltd (Ketraco) to build, finance, and operate key transmission lines in Kenya for 30...

MNRE launches ‘Innovative Projects’ scheme under PM-Surya Ghar

Author: Power Peak Digest Team Pub Date: October 15, 2024 The Ministry of New and Renewable Energy (MNRE) has introduced Scheme Guidelines for ‘Innovative Projects’ under the PM-Surya Ghar: Muft Bijli Yojana, as notified on October 8...

Sterling and Wilson reports record Rs 1,050 billion order book

Author: Power Peak Digest Team Pub Date: October 15, 2024 Sterling and Wilson Renewable Energy Ltd (SWREL) has reported its highest-ever outstanding order book, exceeding Rs 1,050 billion as of October 14, 2024.   In Q2 FY25 (July to September)...

Oriano Clean Energy secures 184 MWp solar contract in Madhya Pradesh

Author: Power Peak Digest Team Pub Date: October 15, 2024 Oriano Clean Energy, a leading solar development and EPC company in India, has been awarded a contract to build 184 MWp of solar PV projects in Agar, Malwa, Madhya Pradesh, by Blueleaf Energy...

Gautam Solar to expand solar module manufacturing to 5 GW by 2025

Author: Power Peak Digest Team Pub Date: October 15, 2024 Gautam Solar plans to increase its solar module manufacturing capacity to 5 GW by 2025, with the first phase of expansion to be completed in November 2024, followed by phases in January and...

Union Minister inaugurates 150-KW rooftop solar plant at GSI Hyderaba

Author: Power Peak Digest Team Pub Date: October 15, 2024 Union Minister for Coal and Mines, Shri G. Kishan Reddy, inaugurated a 150-kilowatt rooftop solar power plant at the Geological Survey of India Training Institute (GSITI) in Hyderabad.  The...

Eaton inaugurates expanded electrical manufacturing facility in Puducherry

Author: Power Peak Digest Team Pub Date: October 14, 2024 Eaton’s newly expanded 120,000 sqft electrical manufacturing facility in Puducherry was inaugurated on October 11, 2024, by Chairman and CEO Craig Arnold. The facility includes a 100,000 sqft...

Saatvik Solar to supply PV modules to L&T for Bihar BESS project

Author: Power Peak Digest Team Pub Date: October 10, 2024 Saatvik Solar has secured a contract to supply 213 MW of solar photovoltaic (PV) modules to Larsen & Toubro (L&T) for its 245 MW battery energy storage system (BESS) project in Bihar...

PGCIL, RVPNL sign shareholder agreement for intra-state transmission

Author: Power Peak Digest Team Pub Date: October 1, 2024 Power Grid Corporation of India Ltd (PGCIL) has entered into a shareholder agreement with state transmission utility Rajasthan Rajya Vidyut Prasaran Ltd (RVPNL) to establish a joint venture...

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