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HPCL invites bids for three floating solar projects in Rajasthan, Andhra Pradesh

India, News

HPCL Renewable and Green Energy (HPRGE), a subsidiary of Hindustan Petroleum Corporation (HPCL), has issued a tender for the engineering, procurement, and construction (EPC) of three floating solar projects. The projects include a 9 MW solar installation in Jaisalmer, a 14 MW project in Balotra, both in Rajasthan and a 2 MW project in Visakhapatnam, Andhra Pradesh. The deadline for bid submissions is October 15, 2024. The selected contractor will manage the operation and maintenance…

Key Power Sector News Roundup for September 30, 2024

Power Bytes

Contract Awards Bajel Projects entered the data centre sector, winning a contract for a GIS substation in Navi Mumbai.  Power Mech secured a Rs 2.27 billion O&M contract for Akrimota Thermal Power Station in Gujarat.  Marsons Ltd won a Rs 6.75 billion contract for a 150 MW solar project in Rajasthan.  L&T Digital Energy Solutions received mandates for Energy Management Systems in South India and expanded its grid modernization projects in the US. SJVN to…

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NLCIL produces 12.34 billion units of green power, targets 10,000 MW renewable capacity by 2030

India, News

State-owned NLC India Ltd (NLCIL) has generated 12.34 billion units of green power, preventing the emission of 10 million tonnes of carbon dioxide, according to a statement by the coal ministry. Traditionally a lignite-based power producer, NLCIL is now aiming to achieve 10,000 MW of renewable energy capacity by 2030. NLCIL has already established 1,380 MW of solar power plants and 51 MW of wind power plants. To reach its ambitious renewable energy target, NLCIL…

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India’s Path to Net Zero: Strategy for Decarbonizing the Energy Sector

Analysis, Features

India’s energy sector contributes significantly to its greenhouse gas emissions. In 2023, energy-related emissions accounted for about 75% of the country’s total carbon footprint. The electricity sector alone was responsible for over 40% of the total emissions, primarily due to coal-based power generation. This highlights the urgent need for a green transition in electricity production. India is already making strides, with solar and wind capacities growing, but a lot more is required to address these…

Institutional Infrastructure of Energy in India

Power 101

India’s energy sector is supported by a vast and multi-tiered institutional infrastructure that includes ministries, regulatory bodies, public sector undertakings (PSUs), and research institutions. These entities work together to manage, regulate, and oversee energy production, distribution, and policy implementation. Below is an overview of the key institutions involved in India’s energy landscape. Ministries Ministry of Power (MoP): The Ministry of Power is responsible for developing and managing the country’s power sector. It oversees electricity generation,…

Key Power Sector News Roundup for September 23, 2024

Power Bytes

CEA Clears Two Hydro Pumped Storage Projects in Maharashtra The Central Electricity Authority (CEA) has approved two hydro pumped storage projects in Maharashtra, the 1,500 MW Bhavali PSP by JSW Energy and the 1,000 MW Bhivpuri PSP by Tata Power, adding 15 GWh of storage. For FY25, 15 hydro PSPs totaling 25,500 MW are planned.   Ministry of Power Issues EV Charging Infrastructure Guidelines for 2024 The Ministry of Power has issued 2024 guidelines for EV…

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Sunsure Energy secures Rs 100 billion debt financing from REC

India, News

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) projects. The deal was inked during the fourth Global RE-Invest Meet and Expo organized by the Ministry of New and Renewable Energy (MNRE) in Gujarat. This financing will enable Sunsure Energy to expand its portfolio of open-access hybrid projects across India, helping the…

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

India, News

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 investments aim to help India double its clean electricity capacity by 2030, targeting 500 GW of non-fossil capacity. ReNew, a major renewable energy company pledged to expand its renewable capacity from 10 GW to 50 GW by 2030, with 10 GW dedicated to storage. The company also plans to produce 1…

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MNRE to seek firm investment commitments at RE-Invest 2024 for clean energy target

India, News

The Ministry of New and Renewable Energy (MNRE) will seek firm investment commitments, or “shapath patras,” from banks, financial institutions, private companies, and state governments at the upcoming RE-Invest event in Gandhinagar, Gujarat, next week. Union Minister Pralhad Joshi announced today that the ministry has requested banks and financial institutions to provide specific commitment letters for investments in renewable energy over the next five years. This initiative is part of India’s goal of achieving 500…

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Interstate transmission system to boost Andhra Pradesh’s renewable energy integration

India, News

The National Committee on Transmission (NCT) recently approved an interstate transmission system (ISTS) to integrate 4.5 GW of renewable energy from the Anantapur-II Renewable Energy Zone (REZ) in Andhra Pradesh. The project, estimated at Rs 46.79 billion, will facilitate energy evacuation through infrastructure enhancements. The project will be implemented under the tariff-based competitive bidding (TBCB) route, with PFC Consulting Ltd (PFCCL) serving as the bid process coordinator. Named “Transmission System for Integration of Anantapur-II REZ…