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GUVNL issues tender for 400 MW battery energy storage system

India, News

Gujarat Urja Vikas Nigam (GUVNL) has issued a tender for the establishment of a 400 MW/800 MWh standalone battery energy storage system (BESS), with an additional greenshoe option for the same capacity. The deadline for bid submissions is October 16, 2024. The tender scope includes the setup of the BESS and its interconnection with the state transmission network. The primary goal is to ensure that the energy storage facility can be charged and discharged by…

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Coal India invites bids for solar project at Khavda solar park

India, News

Coal India Limited (CIL) has issued a tender inviting bids to develop a grid-connected ground-mounted solar project at the Khavda Solar Park in Gujarat. The last date for bid submission is September 23, 2024. The tender scope includes the design, engineering, procurement, supply of equipment and materials, erection, testing, and commissioning of the project. It also covers the supply, packaging, forwarding, and transportation of photovoltaic modules to the Khavda Solar Park. Bidders are required to…

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PGCIL to implement two interstate transmission projects worth Rs 4.2 billion

India, News

Power Grid Corporation of India Ltd (PGCIL) has been nominated to execute two interstate transmission system (ISTS) projects under the regulated tariff mechanism (RTM) route, with a total investment of Rs 4.2 billion. The National Committee on Transmission (NCT) approved these projects during its meeting on August 23, 2024. The first project, the Eastern Region Expansion Scheme – 43 (ERES-43), has a budget of Rs 3.10 billion and an implementation period of 18 months, with…

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Maharashtra becomes India’s second-largest state for rooftop solar installations

India, News

According to a recent report by Mercom India, Maharashtra has emerged as the second-largest state in India for cumulative rooftop solar installations, contributing 13.3% to the country’s total photovoltaic (PV) installations. The state has installed 1.5 GW of rooftop solar capacity, trailing only Gujarat, which leads with 3.2 GW. The Mumbai Metropolitan Region (MMR) alone accounts for 8% of Maharashtra’s total installed rooftop capacity. The report also highlights that Maharashtra added 95 MW of rooftop…

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Khavda IV A project boosts Adani Energy Solutions’ transmission portfolio

India, News

Adani Energy Solutions Ltd (AESL) has expanded its transmission portfolio to 21,783 ckm and its transformation capacity to 61,686 MVA with the acquisition of the Khavda IV A transmission project. This project, acquired from RECPDCL under the tariff-based competitive bidding (TBCB) route, will be developed as an interstate transmission system (ISTS) under the build, own, operate & transfer (BOOT) model for 35 years. The Khavda IV A line will evacuate 7 GW of renewable energy,…

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GameChange to supply solar trackers to SWERL for Khavda solar park

India, News

GameChange Solar has signed an agreement with Sterling and Wilson Renewable Energy Limited (SWERL) to supply its Genius TrackerTM solar trackers for a 750 MWp solar photovoltaic plant at the Khavda solar park in Gujarat. This project marks one of GameChange Solar’s largest tracker installations outside the US. Earlier in April 2024, GameChange Solar secured a deal to supply its Genius Tracker solar trackers for four solar projects in Southern Africa, totalling over 500 MW….

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Adani Energy and Sterlite secure ISTS projects from RECPDCL

India, News

REC Power Development & Consultancy Ltd (RECPDCL), the bid process coordinator, has transferred two interstate transmission system (ISTS) project special purpose vehicles (SPVs) to Adani Energy Solutions Ltd (AESL) and Sterlite Power, under the tariff-based competitive bidding (TBCB) mechanism. The first project SPV, Khavda IV A Power Transmission Ltd, has been awarded to Adani Energy Solutions Ltd. This project is part of the transmission system for Khavda Phase IV (7 GW) – Part A, located…

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NTPC plans major nuclear expansion with new subsidiary

India, News

NTPC Limited is planning an expansion into nuclear energy by establishing NTPC Nuclear Power Company, a 100% subsidiary. The company is exploring sites in multiple states for new nuclear units as part of its strategy to achieve a carbon-neutral economy, integrating renewables, nuclear power, green hydrogen, green mobility, energy storage, and waste-to-energy, with low-emission thermal power at its core. NTPC’s first nuclear project, in collaboration with Nuclear Power Corporation of India Limited (NPCIL), will be…

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IREDA secures international credit rating from S&P Global

India, News

The Indian Renewable Energy Development Agency (IREDA) has received an international credit rating from S&P Global Ratings Limited, achieving a ‘BBB-’ long-term and ‘A-3’ short-term issuer credit rating. The outlook for IREDA has been designated as ‘Stable’. This rating will facilitate IREDA’s access to funding and support its expansion into international markets. In July 2024, IREDA announced plans to invest approximately Rs 2.9 billion in a 900 MW hydroelectric power project in Nepal. Earlier, in…

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Gensol establishes US subsidiary to supply 2,000 MW of solar trackers

India, News

Gensol Engineering, a key player in the renewable energy sector, has announced the establishment of a subsidiary in the United States, aiming to supply over 2,000 MW of solar trackers annually by 2028.   The new subsidiary, Scorpius Trackers Inc, will be based in California, positioning the company to capitalize on the growing demand for solar energy infrastructure. The U.S. market currently deploys over 25,000 MW of solar trackers annually, making it the largest in the…