HG Infra Engineering has been declared the qualified bidder by NTPC Vidyut Vyapar Nigam for 185 MW/370 MWh as part of a 500 MW/1000 MWh standalone battery energy storage system (BESS) project. The project is supported by viability gap funding, and the tariff rate is set at Rs 2.38 million per MW per month. The contract is scheduled for completion in 1.5 years.
NTPC has released the results of its 1.2 GW ISTS-connected solar projects auction. The winning companies include SAEL Industries, Rays Power Infra, Refex Green, ReNew Solar, and Illuminate Hybren (Mahindra Susten). SAEL secured 300 MW, Rays Power 100 MW, and Refex Green 100 MW, all at a tariff of Rs 2.50 per kWh. ReNew Solar and Illuminate Hybren were awarded 300 MW and 176 MW at a tariff of Rs 2.51 per kWh. Although the…
Larsen & Toubro (L&T) has been declared the lowest bidder by NTPC for the main plant package of super thermal power plants (STPPs) at Gadarwara in Madhya Pradesh, Telangana, and Nabinagar in Bihar. L&T will undertake work for Gadarwara STPP Stage-II (2×800 MW), Telangana STPP Stage-II (3×800 MW), and Nabinagar STPP Stage-II (3×800 MW). The scope of work includes design, engineering, manufacture, supply, construction, erection, testing, and commissioning of the main plant package. The projects…
JSW Renew Energy Thirteen Limited, a subsidiary of JSW Energy, has signed a Power Purchase Agreement (PPA) with NTPC Limited for a 700 MW solar project. The 25-year agreement sets a tariff of Rs 2.59 per kilowatt-hour (KWh) and connects the project to both the Inter-State Transmission System (ISTS) and State Transmission Utility (STU). The project is expected to be commissioned by June 2026. This agreement increases JSW Energy’s solar capacity pipeline to 3.2 GW,…
The Indian Council of Medical Research (ICMR) has signed a Memorandum of Understanding (MoU) with NTPC Vidyut Vyapar Nigam (NVVN) to harness solar power for its institutes across India. This initiative aligns with the Prime Minister’s “Atmanirbhar Bharat” vision and supports India’s renewable energy goals. NVVN will install, test, and maintain rooftop solar panels at 15 ICMR institutes, with a total capacity of 4,559 KW. The project includes a 25-year Power Purchase Agreement (PPA) offering…
Meja Urja Nigam Pvt Ltd (MUNPL), a 50:50 joint venture between NTPC Ltd and Uttar Pradesh Rajya Vidyut Utpadan Nigam Ltd (UPRVUNL), has paid its first-ever dividend of Rs 510 million each to its parent companies. MUNPL’s Chairman K. Shanmugha Sundaram, CEO Kamlesh Soni, and CFO Amit Rautela presented the dividend cheque to NTPC CMD Gurdeep Singh in the national capital. A similar cheque will be presented to UPRVUNL management next week. MUNPL reported a…
NTPC Green Energy (NGEL), a subsidiary of NTPC Ltd, has signed a memorandum of understanding (MoU) with the Rajasthan government for a 25 GW renewable energy project. The MoU was signed on 30 September 2024 during the Rising Rajasthan Investor Meet in Delhi, in the presence of Rajasthan Chief Minister Bhajanlal Sharma. Senior officials from both the Government of Rajasthan and NGEL also attended the event.
Rays Power Infra has been awarded India’s largest Vanadium Redox Flow Battery (VRFB) tender by NTPC’s R&D division, NTPC Energy Technology Research Alliance (NETRA). The project involves a 600KW/3000KWh VRFB system, marking a significant milestone in India’s renewable energy storage sector. VRFB technology is known for its long-duration energy storage, which is crucial for grid stability and the integration of renewable energy.
NTPC Limited has issued a tender for the preparation of a detailed project report (DPR) for an 800 MW pumped storage project (PSP) in Amba, Maharashtra. The last date for bid submission is November 16, 2024. Bidders are required to provide an earnest money deposit of Rs 5 million and meet financial criteria, including a minimum average annual turnover of Rs 189.7 million over the last three years and net worth at least equal to…
Zetwerk Manufacturing has won an order from NTPC to manufacture and supply 1,515 MWp of solar photovoltaic (PV) modules, including spares, for the 1,200 MW Khavda solar project. The contract, valued at Rs 25 billion, is Zetwerk’s second major order from NTPC. This deal highlights Zetwerk’s reputation for delivering innovative, sustainable, and high-quality solar solutions. The company has previously worked with JSW Energy, Teesta Solar, Continuum Energy, and more. In addition to domestic projects, Zetwerk…
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