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NTPC Green and MAHAPREIT form JV for 10 GW renewable energy projects

Author: Power Peak Digest Team Pub Date: September 27, 2024 NTPC Green Energy Ltd (NGEL), a subsidiary of NTPC, has signed a joint venture agreement (JVA) with Mahatma Phule Renewable Energy and Infrastructure Technology (MAHAPREIT) to develop 10 GW...

Ramalingam Construction emerges as L1 bidder for Kerala distribution project

Author: Power Peak Digest Team Pub Date: September 27, 2024 Ramalingam Construction has been declared the lowest (L1) bidder for the development of distribution infrastructure in the Kozhikode and Palakkad districts of Kerala. The turnkey contract...

SBEC commissions 40.5 KWp solar project in Uttar Pradesh

Author: Power Peak Digest Team Pub Date: September 23, 2024 SBEC Systems (India) has commissioned a 40.5 KWp solar power project at Kumkum Modi Public School in Baraut Rural, Baghpat, operational since 20 September 2024. This follows the...

Lupin to acquire 42.61% stake in Sunsure Solarpark

Author: Power Peak Digest Team Pub Date: September 21, 2024 Lupin Limited has signed a share subscription and shareholders agreement with Sunsure Solarpark Seventeen Private Limited and Sunsure Energy Private Limited to acquire up to 42.61% of...

Amazon, Global Optimism, and partners launch network of EV charging stations in Bengaluru

Author: Power Peak Digest Team Pub Date: September 21, 2024 Amazon and Global Optimism, co-founders of The Climate Pledge, have announced a joint initiative, JOULE (Joint Operation Unifying Last-mile Electrification), to build a shared network of...

SECI issues tender for 500 MW offshore wind project off Gujarat coast

Author: Power Peak Digest Team Pub Date: September 21, 2024 The Solar Energy Corporation of India (SECI), under the Ministry of New and Renewable Energy (MNRE), has issued a tender for the development of a 500 MW offshore wind project in the Gulf of...

Sunsure Energy secures Rs 100 billion debt financing from REC

Author: Power Peak Digest Team Pub Date: September 21, 2024 Sunsure Energy has signed an agreement with REC for debt financing worth Rs 100 billion to support the development of 3 GW of solar, wind, hybrid, and battery energy storage system (BESS)...

AM/NS India launches Rs 10 billion steel line for solar panel manufacturers

Author: Power Peak Digest Team Pub Date: September 21, 2024 ArcelorMittal Nippon Steel (AM/NS) India has launched a value-added steel line, Magnelis, with an investment of nearly Rs 10 billion at its Hazira plant in Gujarat. The production line, with...

Tata Group and Analog Devices ally for semiconductor manufacturing

Author: Power Peak Digest Team Pub Date: September 21, 2024 Tata Group and global semiconductor leader Analog Devices (ADI) have signed a memorandum of understanding (MoU) to explore semiconductor manufacturing opportunities in India. Tata...

Gautam Solar to invest Rs 10 billion in 2 GW solar cell manufacturing plant in Haryana

Author: Power Peak Digest Team Pub Date: September 21, 2024 Gautam Solar plans to establish a 2 GW solar cell manufacturing plant with an investment of Rs 10 billion. The facility, part of the company’s strategy to meet the growing demand for...

Renewable energy developers commit massive capacity investments at RE-Invest 2024

Author: Power Peak Digest Team Pub Date: September 19, 2024 At the RE-Invest event in Gandhinagar, Gujarat, several renewable energy developers have made significant capacity creation commitments as part of their “Shapath Patra”...

India secures $386 bn investment commitments for renewable energy at RE-Invest 2024

Author: Power Peak Digest Team Pub Date: September 19, 2024 Ministry of Renewable Energy has received investment commitments totalling $386 billion from banks and financial institutions at the RE-Invest conference in Gandhinagar, Gujarat. These...

Transformers and Rectifiers secures Rs 1.14 billion order from RRVPNL

Author: Power Peak Digest Team Pub Date: September 19, 2024 Transformers and Rectifiers (India) Ltd (TRIL) has secured an order worth Rs 1.14 billion from Rajasthan Rajya Vidyut Prasaran Nigam (RRVPNL) to supply 50 MVA, 132/33 kV power transformers...

MSEDCL awards 5 GW solar power contract to Adani Power

Author: Power Peak Digest Team Pub Date: September 19, 2024 Maharashtra State Electricity Distribution Company (MSEDCL) has issued a letter of intent (LoI) to Adani Power (APL) for the supply of 5,000 MW of solar power to Maharashtra. This follows...

JSW commissions 300 MW wind power plant in Tamil Nadu

Author: Power Peak Digest Team Pub Date: September 19, 2024 JSW Renew Energy Two, a subsidiary of JSW Energy, has commissioned the 300 MW wind power plant at Tuticorin, Tamil Nadu. The inter-state transmission system (ISTS) project, awarded by the...

HPL Electric secures Rs 1.44 billion order for smart and conventional meters

Author: Power Peak Digest Team Pub Date: September 18, 2024 HPL Electric & Power has won an order worth Rs 1.44 billion for the supply of smart and conventional meters. The company, a leading manufacturer of electrical equipment, will execute the...

MSETCL issues tender for 400/220 kV substation in Amravati district

Author: Power Peak Digest Team Pub Date: September 18, 2024 Maharashtra State Electricity Transmission Company (MSETCL) has released a tender for the construction of a 400/220 kV substation at Nandgaon Peth in Amravati district. The contract, valued...

Reliance Power wins 500 MW Battery Energy Storage contract from SECI

Author: Power Peak Digest Team Pub Date: September 18, 2024 Reliance Power has secured a contract from the Solar Energy Corporation of India (SECI) to establish a 500 MW/1000 MWh Battery Energy Storage System (BESS). Awarded through a tariff-based...

NLC India plans Rs 500 billion investment to triple renewable energy capacity

Author: Power Peak Digest Team Pub Date: September 16, 2024 Lignite-to-power producer NLC India Ltd (NLCIL) plans to invest approximately Rs 500 billion to increase its renewable energy capacity from 1.43 GW to 10.11 GW. NLC India Green Energy...

Tata, MG offer free charging, battery rentals to lure EV buyers

Author: Power Peak Digest Team Pub Date: September 16, 2024 India’s leading electric vehicle (EV) manufacturer, Tata Motors, is offering free charging and discounts to attract consumers, while rival MG Motor has launched a pioneering battery...

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