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NREL to award pooling station tender for 630 MW Barethi solar project by September

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NTPC Renewable Energy Limited (NREL), a subsidiary of NTPC Limited, is developing a 630 MW solar project in Barethi, Chhatarpur district, in Khajuraho. The project, executed under the Engineering, Procurement & Construction (EPC) mode, has been sanctioned by the Ministry of New & Renewable Energy (MNRE) under the Solar Parks scheme.

The land for the project has been transferred to NREL. Notice Inviting Tender (NIT) for the EPC Package and Pooling Substation Package have been issued, with the tender expected to be awarded by September 2024. The project is anticipated to be completed by March 2026.

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RRECL invites bids for 282 MW rooftop solar projects

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Rajasthan Renewable Energy Corporation Limited (RRECL) has issued a tender for the development of 282 MW of grid-connected rooftop solar photovoltaic (PV) projects on government buildings across Rajasthan.  The bid submission deadline is November 26, 2024.  The project scope covers design, supply, erection, testing, commissioning, and 25 years of operation and maintenance (O&M) from the commissioning date.

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

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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 a capacity of 500,000 tonnes per annum, is aimed at solar panel manufacturers. The company is in talks with major customers like Adani Green Energy, Reliance Industries, Sterling & Wilson, and NTPC. AM/NS is also planning a new steel line for the automotive sector by…

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Report: Power supply and allocation updates for July 2024

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In July 2024, India’s energy requirement was 150,207 MU, and the energy supplied was 149,852 MU, resulting in a deficit of 355 MU. The Northern Region had the highest energy requirement at 54,849 MU, with a supply of 54,580 MU, leading to a shortfall of 269 MU. The Western Region required 41,066 MU and supplied 41,036 MU, facing a deficit of 30 MU. The Southern Region’s requirement was 33,352 MU, and it met almost all…

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Ormat Technologies to build 101MW geothermal plant in New Zealand

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Ormat Technologies has signed a $200 million engineering, procurement, and construction (EPC) contract with Contact Energy for the development of the 101 MW Te Mihi Stage 2 geothermal power plant in New Zealand.  Scheduled for completion by mid-2027, this project will contribute to New Zealand’s renewable energy goals by gradually replacing the 1950s-built Wairakei geothermal power station. Te Mihi Stage 2 marks Ormat’s fourth major project in New Zealand, leveraging its expertise in binary technology…

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NTPC’s performance highlights, financial results for Q1 FY25

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NTPC Limited has released its key performance highlights and unaudited financial results for the quarter ending June 30, 2024. Let’s have a look at the key performance highlights. Installed and Commercial Capacity As of June 30, 2024, NTPC’s installed capacity reached 76,048 megawatts (MW), an increase of 3,024 MW from June 2023. Similarly, NTPC’s standalone installed capacity rose to 59,168 MW, an uptick of 2,130 MW. The commercial capacity stood at 76,048 MW—an increase of…

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COP29 president lays out plans for summit

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Azerbaijan’s leadership unveiled its plans for the upcoming COP29 Summit, emphasizing the expansion of global energy storage capacity and reducing methane emissions, but omitting any commitment to phasing out fossil fuels. In a letter outlining the COP29 presidency action agenda, Azerbaijan’s Minister of Ecology and Natural Resources, Mukhtar Babayev, pledged, alongside UNECE and UNIDO, to increase global energy storage sixfold to 1.5 TW by 2030 and add or refurbish over 80 million kilometers of grids…

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