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Tata Electronics, ASMPT partner for semiconductor assembly

India, News

Tata Electronics has signed a memorandum of understanding (MoU) with ASMPT Singapore to establish semiconductor assembly equipment infrastructure for its chip packaging units in Assam and Karnataka. This partnership will enhance workforce training, service engineering infrastructure, automation, and R&D in advanced packaging technologies like wirebond, flip chip, and integrated system packaging. ASMPT will support Tata Electronics in preparing for its semiconductor assembly and test facilities in Vemagal, Karnataka, and Jagiroad, Assam while promoting energy and…

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Power supply and allocation overview for August 2024

Analysis, Data Insights

The peak power demand in India for August 2024 reached 2,49,856 MW, with 2,49,854 MW being met, a marginal shortfall of 2 MW. Many states were able to meet their peak power demand in full. Delhi had a peak demand of 8,656 MW, which was fully met, and Maharashtra similarly met its demand of 28,924 MW. In certain regions, small deficits were observed. For example, UT of J&K and Ladakh had a peak demand of…

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NCT approves TBCB route for Rs 100 billion interstate transmission projects

India, News

The National Committee on Transmission (NCT), in its 22nd meeting on August 23, 2024, recommended the tariff-based competitive bidding (TBCB) route for four interstate transmission system (ISTS) schemes, with a total project outlay exceeding Rs 100 billion. These projects are aimed at strengthening India’s power transmission infrastructure, particularly for renewable energy zones and green hydrogen production areas. The first scheme focuses on the augmentation of transformation capacity at the Bidar pooling station in Karnataka, with…

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PGCIL, Adani qualify for Jam Khambhaliya Pooling Station augmentation bids

India, News

Power Grid Corporation of India Ltd (PGCIL) and Adani Energy Solutions Ltd (AESL) have qualified to open initial price bids for the Jam Khambhaliya Pooling Station augmentation scheme in Gujarat. PFC Consulting Ltd (PFCCL) is coordinating the bidding process under the ISTS scheme, “Augmentation of transformation capacity at Jam Khambhaliya PS (GIS),” which could progress to an e-reverse auction (e-RA) based on initial bids. The winner will be chosen through final price bids from the…

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Tata Group invests Rs 9.5 billion in battery manufacturing subsidiary

India, News

Tata Group has invested Rs 9.5 billion into its battery manufacturing subsidiary, Agratas, to expand in the new energy sector. Agratas focuses on advanced manufacturing capabilities for cleaner energy solutions, particularly for the automotive industry. The company plans to build a 40 GWh gigafactory in the UK and a 20 GWh plant in Sanand, Gujarat, using cutting-edge technology. Agratas produces batteries for the automotive and energy sectors, including two-wheelers, commercial vehicles, and energy storage systems….

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Suzlon secures order of 1,166 MW from NTPC

India, News

Renewable energy provider Suzlon has won a 1,166 MW order from NTPC Green Energy to supply and install 370 wind turbine generators (WTGs) in Gujarat. This includes two NTPC Renewable Energy projects and one project by IndianOil NTPC Green Energy, equipped with S144 WTGs and a hybrid lattice tubular tower. Each turbine has a rated capacity of 3.15 MW. Suzlon will handle the equipment supply, project execution, and operations and maintenance services post-commissioning. This order…

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GERC sets Rs 2.84 per kWh tariff for sub-10 MW wind power projects

India, News

The Gujarat Electricity Regulatory Commission (GERC) has established a levelised tariff of Rs 2.84 per kWh for wind power projects with a capacity of less than 10 MW, commissioned between June 6, 2022, and March 31, 2027. These projects will have a lifespan of 25 years, with a depreciation rate of 60% in the first year, followed by 4.67% per annum for the first 15 years, and 2% annually from the sixteenth to the twenty-fifth…

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Borosil Renewables acquires 49 per cent stake in Clean Max

India, News

Borosil Renewables Limited has signed a share purchase agreement with Clean Max Prithvi Private Limited (CMPPL) and Clean Max Enviro Energy Solutions Private Limited (CMEESPL) to acquire a 49% stake in CMPPL. The acquisition involves purchasing 4,900 equity shares of Rs 10 each, representing 49% of CMPPL’s paid-up share capital, for Rs 49,000. Under the agreement, CMPPL plans to develop and operate a 16.50 MW hybrid solar-wind power plant in Gujarat. The power generated from…

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Tower-Adani JV to set up USD 10-bln semiconductor plant in Maharashtra

India, News

The Maharashtra Cabinet panel on 5 September, 2024, approved a Rs 839.47 billion investment proposal by the Tower Semiconductor-Adani Group joint venture (JV) to establish a semiconductor chip manufacturing plant in Panvel, Raigad district. The facility, located in Taloja, will have an initial capacity of 40,000 wafer starts per month (WSPM) in the first phase, with plans to expand to 80,000 WSPM in subsequent phases. The first phase will involve an investment of Rs 587.63…

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Coal India targets 5 GW of renewable energy capacity by 2028

India, News

Coal India Limited (CIL) is aiming to add 5 GW of renewable energy capacity by 2028, with a focus on diversifying into green energy through solar power and pump storage projects in its open-cast mines. The company is in discussions with various countries to acquire critical mineral assets to support its diversification efforts. CIL has targeted Rajasthan, Gujarat, Maharashtra, and Karnataka for solar ventures, signing joint venture agreements with state governments to generate and supply…