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Adani secures 6,600 MW energy supply deal with MSEDCL

India, News

Maharashtra State Electricity Distribution Company Ltd (MSEDCL) has issued a letter of intent to Adani Group for the long-term supply of 6,600 MW of thermal and green energy. The agreement includes 5,000 MW of solar power from Adani Green Energy Ltd (AGEL) and 1,600 MW of thermal power from Adani Power Ltd (APL). Adani Power and AGEL will sign formal 25-year power supply agreements with MSEDCL, following a competitive bidding process. The 5,000 MW solar…

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JSW Neo wins 600 MW wind-solar hybrid project from MSEDCL

India, News

JSW Neo Energy, a subsidiary of JSW Energy, has received a letter of award for a 600 MW wind-solar hybrid project from Maharashtra State Electricity Distribution Company (MSEDCL) under Phase IV, including an additional 400 MW through the greenshoe option. This project boosts JSW’s energy solutions portfolio and supports its transition towards becoming an energy products and services company. With this award, JSW’s total locked-in generation capacity has risen to 18.2 GW, including 3.8 GW…

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MSEDCL to solarize villages across Maharashtra 

India, News

The Maharashtra State Electricity Distribution Company (MSEDCL) has unveiled an ambitious plan to provide up to 100% solar-powered electricity to two villages in each district within the next two months.   Manyachiwadi in Patan Taluka, Satara district, will be the first village to benefit, becoming a ‘solar village’ with maximum solar-powered electricity. Over 70 other villages across Maharashtra will follow, with a focus on rooftop solar power generation. The government will offer subsidies to help residents…

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Saatvik Green Energy to supply solar pumps for Maharashtra irrigation

India, News

Saatvik Green Energy Private Limited has secured a supply order from Maharashtra State Electricity Distribution Company Limited (MSEDCL) to provide solar-powered submersible pumps at 250 locations across Maharashtra. The pumps, ranging from 3 horsepower (HP) to 7.5 HP, aim to enhance water accessibility and support irrigation needs, contributing to sustainable agricultural practices in the region.

Power Sector News Roundup for November 4, 2024

Power Bytes

Global: IEA report forecasts US$2 trillion clean energy market growth, challenging oil industry dominance. Germany to bury nuclear waste, but toxic dispute remains unresolved. UK Government confirms rise in oil and gas headline tax alongside investment in clean energy. Asia to spend over USD 20 billion on EVs, according to a report. Moroccan government partners with Total Energies H2 for the ‘Chbika’ green hydrogen project. Blykalla and ABB partner to develop an SMR pilot facility…

Power Sector News Roundup for October 21, 2024

Power Bytes

Global: Top European Union economies spend 42 billion euros annually on fossil-fuel company car subsidies, study finds European green electricity PPA prices fall 12.4% in Q3 2024, LevelTen Energy reports Neart na Gaoithe offshore wind farm generates first power for UK grid Hellenic Cables secures contract for Leading Light Wind project in the US deveritec GmbH and Wirepas launch new NIC for Wirepas 5G Mesh in Europe Lhyfe partners with KEYOU for hydrogen mobility in…

Power Sector News Roundup for October 17, 2024

Power Bytes

Global: – World Bank approves USD 250 million for renewable energy in Lebanon– Masdar and Presight to launch AI tool for managing RE assets globally– Fugro to site investigate Rhein-Main-Link offshore wind cable project in Germany– Sumitomo and CEP Solar to deliver 1.5GW of clean energy projects in Virginia– Ignitis Group to bid in Lithuania’s second offshore wind tender – Quinbrook signs offtake agreements with Tesco and Shell for Cleve Hill Solar Park– VNG AG…

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Torrent Power signs SSSA with LMCL and TU17

India, News

Torrent Power Limited has entered into a share subscription and shareholders agreement (SSSA) with Lakshmi Mills Company Limited (LMCL) and its subsidiary, Torrent Urja 17 Private Limited (TU17). This agreement involves the supply of 8.5 MWp of solar power to LMCL’s production units via open access from TU17’s renewable energy project. Under the agreement, LMCL must retain a minimum of 26 per cent ownership in TU17 throughout the power supply period. Additionally, Torrent Power has…

Power Sector News Roundup for October 4, 2024

Power Bytes

Global Development: TotalEnergies kick-starts its largest US utility-scale solar farms with batteries. GE Vernova to supply 38 turbines for Boulder Creek Wind Farm in Queensland. RES sells 436.5 MW Tarong West Wind Farm to Stanwell in Australia. Texas approves Permian Basin Reliability Plan to meet rising electricity demand. China has invested over $100 billion overseas in cleantech since 2023. Axess Technologies secures cable installation contract for Denmark’s Thor offshore project. Powin secures $200 million credit…

Key Power Sector News Roundup for September 26, 2024

Power Bytes

MERC approves MSEDCL’s procurement of 5,991 MW solar power The Maharashtra Electricity Regulatory Commission (MERC) approved MSEDCL’s procurement of 5,991 MW solar power under Mukhyamantri Saur Krushi Vahini Yojana 2.0. The Rs 3.10 per kWh ceiling tariff ensures competitive pricing. This initiative aims to solarize 30% of agricultural feeders by 2025, helping meet rising renewable purchase obligation (RPO) targets and easing Koyna hydroelectric plant’s peak demand. Zelestra signs 450 MW solar power supply agreement with…