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India adds 4,089 MW of solar module capacity to ALMM

India, News

The Ministry of New and Renewable Energy (MNRE) has expanded the Approved List of Models and Manufacturers (ALMM) by adding 4,089 MW of new solar module capacity. New companies added to the list include Avaada Electro, Laxmi Solar Power System, and Uratom Solar, contributing 554 MW, 121 MW, and 46 MW, respectively. Additionally, three existing companies—Tata Power Solar, Jakson Engineers, and SASA Energy—have increased their capacity in the list by 2,697 MW, 662 MW, and…

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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…

India

News Subsections News India Global Socomec launches compact automatic transfer switching equipment September 10, 2024 Socomec India has unveiled its latest innovation, the “ATyS a M” pre-programmed Automatic Transfer Switching Equipment (ATSE), designed for commercial establishments, high-rise buildings, industries, and sectors like healthcare and hospitality. This… NCT approves TBCB route for Rs 100 billion interstate transmission projects September 10, 2024 The National Committee on Transmission (NCT), in its 22nd meeting on August 23, 2024, recommended…

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GreenLine Mobility to expand LNG fleet, aims for 1,000 more trucks by March 2025

India, News

GreenLine Mobility Solutions Ltd, a key entity in Essar’s green mobility initiative, plans to expand its fleet by adding 1,000 Liquefied Natural Gas (LNG)-powered trucks by March 2025. This move aligns with India’s strategy to decarbonise the logistics sector and reduce emissions in its journey towards net zero by 2070. GreenLine’s CEO, Anand Mimani, emphasized the company’s commitment to sustainable logistics, aiming to meet the rising demand for eco-friendly solutions as corporations increasingly prioritize Environmental,…

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Tamil Nadu Cabinet approves 14 projects with Rs 386.98 billion investment

India, News

The Tamil Nadu Cabinet has approved 14 new projects with a total investment commitment of Rs 386.98 billion, expected to generate 46,931 high-end employment opportunities across 12 districts. These projects span sectors including auto and electric vehicles, electronics, green energy, telecom equipment, and advanced manufacturing. Key investments include Freetrend Industrial India’s Rs 10 billion footwear manufacturing plant in Ariyalur, creating 14,000 jobs, and Leap Green Energy’s Rs 103.75 billion investment in a hydrogen power storage…

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Hygenco and REC sign $280 million MoU for green ammonia project in Odisha

India, News

Hygenco Green Energies and REC Limited have signed a Memorandum of Understanding (MoU) at the 4th Global Renewable Energy Investors Meet in Gandhinagar, Gujarat, to finance Hygenco’s green ammonia project in Gopalpur, Odisha. Under the agreement, REC will invest $280 million in the project. Hygenco plans to expand its investments in India, with $2.5 billion earmarked for green hydrogen and green ammonia projects in the coming years. In recent developments, Hygenco has signed MoUs with…

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Grew Energy to supply TOPCON modules for BluPine Energy’s solar project in Gujarat

India, News

Grew Energy has signed a module supply agreement with BluPine Energy Private Limited for a solar project in Banaskantha, Gujarat. Grew Energy will provide BluPine with advanced TOPCON modules, commonly used in commercial and industrial solar power projects. In May 2024, Grew Energy announced plans to build a fully backward-integrated manufacturing plant in Kathua, Jammu & Kashmir, with an investment of Rs 4.5 billion. BluPine Energy, which has a 4 GW renewable energy portfolio in…

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Union Cabinet approves new semiconductor unit in Gujarat

India, News

The Union Cabinet has approved the establishment of a new semiconductor unit by Kaynes Semicon Pvt Ltd in Sanand, Gujarat. This facility will be India’s fifth semiconductor plant. The planned investment for the unit is Rs 33 billion, and it will have the capacity to produce 6 million chips per day. These chips will serve various industries, including automotive, electric vehicles, consumer electronics, telecom, and mobile phones. This initiative aligns with the Programme for Development…

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Plan to deploy 40-50 small modular nuclear reactors

India, News

India is planning to deploy 40-50 small modular nuclear reactors (SMRs) to replace captive thermal power plants as part of its strategy to achieve net-zero emissions by 2070. These 220-MWe Pressurised Heavy Water Reactors (PHWRs) are being redesigned using modern 3D design platforms to ensure high standardisation and ease of deployment, particularly in industries like steel, aluminium, copper, and cement. The Department of Atomic Energy, in collaboration with Tata Consulting Engineers, is spearheading the redesign…