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Zetwerk secures Rs 25 billion order from NTPC for 1,515 MWp solar PV modules

India, News

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…

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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CEA clears two hydro pumped storage projects in Maharashtra

India, News

The Central Electricity Authority (CEA) has cleared the 1,500 MW Bhavali PSP by JSW Energy and the 1,000 MW Bhivpuri PSP by Tata Power, adding over 15 GWh of energy storage capacity.   For FY25, CEA aims to approve 15 hydro PSPs totalling 25,500 MW, with four projects already cleared. The renewable energy share in India’s power generation is expected to rise to 35 percent by FY30. Additionally, the Union Cabinet has approved a revised scheme…

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Indian metal companies race to secure renewable energy amid EU carbon regulations

India, News

Indian steel and metal companies are rushing to secure renewable energy deals to cut carbon emissions and avoid penalties under the EU’s upcoming Carbon Border Adjustment Mechanism (CBAM). This demand extends beyond large steel and aluminium companies to their suppliers, aiming to reduce emissions across their supply chains. Renewable energy providers report that demand outstrips current capacity, with new projects already sold out for the next few years. Avaada chairman Vineet Mittal indicated that due…

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NTPC invites bids for 1,200 MW wind-solar hybrid project

India, News

NTPC has issued a tender for the supply of 1.2 GW of power from inter-state transmission system (ISTS) connected wind-solar hybrid projects in India, with a greenshoe option for an additional 600 MW capacity. The project will be executed on a build, own, operate basis. Interested bidders must submit their bids by October 8, 2024, and a reverse auction will determine the final supplier. According to the tender guidelines, all bidders must pay Rs 22,500…

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Senvion secures 86.4 MW order from Continuum Green Energy in Gujarat

India, News

Senvion India has received an 86.4 MW order from Continuum Green Energy for a wind project in Gujarat. This order includes a 20-year operations and maintenance contract to ensure turbine performance and durability. The project will utilize the 2.7M130 platform, with turbines installed at a height of 140 meters. This project is part of a larger agreement, with Continuum awarding contracts for five projects totalling 270 MW to Senvion. Deliveries are set to begin in…

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Lenders of KSK Mahanadi Power plan new auction after Adani’s Rs 270 billion bid

India, News

Lenders of the bankrupt KSK Mahanadi Power Company, which operates a 3,600 MW coal-based power plant in Chhattisgarh, are planning another auction round in early September. This decision follows the Adani Group emerging as the highest bidder with an offer of Rs 270 billion. Competing bidders will be allowed to surpass Adani’s offer in this new auction. KSK Mahanadi currently has three operational units of 600 MW each, with additional units under construction. In the…

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Adani in talks to acquire 600 MW Butibori thermal project from Reliance 

India, News

Adani Power Ltd is in advanced discussions to acquire the 600 MW Butibori thermal power project in Nagpur, previously owned by the now-insolvent Reliance Power Ltd, according to a report by Mint. The deal is expected to be valued between Rs 24 billion and Rs 30 billion, which translates to approximately Rs 4 crore to Rs 5 crore per MW. The Butibori project, operated by Vidarbha Industries Power Ltd, a subsidiary of Reliance Power, has…

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Power Ministry clarifies standards for wind turbine operations at high temperatures

India, News

The Indian Power Ministry has issued new guidelines stating that wind power plants with Wind Turbine Generators (WTGs) operating at rated output at 40°C, without any de-rating, will comply with the normal operating range of the International Electrotechnical Commission (IEC) standard. De-rating refers to operating a turbine at lower power than its maximum capacity. This clarification comes in response to issues raised by the Wind Power Producers Association (WIPPA) regarding difficulties in obtaining approvals for…

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SECI’s latest solar tender shakes up market with Rs 4.98 tariff for 630 MW

India, News

The Solar Energy Corporation of India’s (SECI) recent renewable energy tender has stirred the solar market, setting a tariff rate of Rs 4.98-4.99 per unit for 630 megawatts (MW) of solar power. This power will be supplied to BSES Rajdhani Power, BSES Yamuna Power, and Gift City in Gandhinagar. Vena Energy, Hero Future Energies, Hexa Climate, JSW Energy, and Serentica Renewables secured the bids, with JSW Energy winning 230 MW at Rs 4.98 per unit,…