Key Power Sector News Roundup for September 27, 2024

Power Bytes

Marsons Secures LoI for 150 MW Solar Plant in Rajasthan  Marsons has received an LoI from Nacof Oorja to develop a 150 MW solar PV plant in Rajasthan for Rajasthan Renewable Energy Corporation Limited under the KUSUM Scheme Megha Engineering to Invest Rs 210 Billion in Two Hydro Projects Megha Engineering & Infrastructures Ltd (MEIL) will invest Rs 210 billion in two pumped storage hydro projects in Maharashtra, totalling 4,000 MW. The Kamod and Ghosla…

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…

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Himachal Pradesh to develop pumped storage projects, approves first two schemes

India, News

The Himachal Pradesh government has initiated pumped storage projects (PSPs) with the approval of two key projects: the 1,630 MW Renukaji pump storage project in Sirmaur district and the 270 MW Thana Plaun pump storage project in the Beas Basin, Mandi district. Chief Minister Sukhvinder Singh Sukhu confirmed the projects have been allotted to Himachal Pradesh Power Corporation (HPPCL), with work already underway. The Renukaji project will generate 40 MW, and the Thana Plaun hydropower…

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CTUIL approves Rs 4 billion interstate transmission schemes under RTM

India, News

The Central Transmission Utility of India Ltd (CTUIL) has approved seven interstate transmission system (ISTS) schemes worth nearly Rs 4 billion under the regulatory tariff mechanism (RTM). Announced on September 13, 2024, these projects, located across the eastern, western, and northern regions, will be executed by Power Grid Corporation of India Ltd (PGCIL) or its TBCB subsidiaries. The schemes, each costing under Rs 1 billion, include: Implementation of 220kV line bays for a 500-MW renewable…

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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Government approves ASHVINI to develop nuclear power plants

India, News

The government has approved the establishment of Anushakti Vidhyut Nigam Limited (ASHVINI), a joint venture between Nuclear Power Corporation of India Limited (NPCIL) and NTPC Limited, to build, own, and operate nuclear power plants under the Atomic Energy Act. As part of this approval, the Mahi Banswara Rajasthan Atomic Power Project (MBRAPP), consisting of 4×700 MWe reactors based on pressurised heavy-water reactor technology, will be transferred from NPCIL to ASHVINI. Additionally, the government has granted…

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AM/NS India launches Rs 10 billion steel line for solar panel manufacturers

India, News

ArcelorMittal Nippon Steel (AM/NS) India has launched a value-added steel line, Magnelis, with an investment of nearly Rs 10 billion at its Hazira plant in Gujarat. The production line, with a capacity of 500,000 tonnes per annum, is aimed at solar panel manufacturers. The company is in talks with major customers like Adani Green Energy, Reliance Industries, Sterling & Wilson, and NTPC. AM/NS is also planning a new steel line for the automotive sector by…

Key Power Sector News Roundup for September 21, 2024

Power Bytes

NTPC Signs MoU for 25 GW Renewable Energy in RajasthanNTPC and Rajasthan’s state power utility have formed a joint venture to develop 25 GW of renewable energy projects, with a focus on green hydrogen production. This initiative will significantly boost India’s clean energy capacity. Amazon and Partners Expand EV Charging NetworkAmazon and its partners are rolling out electric vehicle charging infrastructure in Bengaluru, targeting 9,500 EVs by 2030. The charging stations will be powered by…

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Renewable energy developers commit massive capacity investments at RE-Invest 2024

India, News

At the RE-Invest event in Gandhinagar, Gujarat, several renewable energy developers have made significant capacity creation commitments as part of their “Shapath Patra” agreements with the government. Reliance Industries (RIL) has pledged to set up 100,000 MW of additional renewable capacity by 2030, alongside manufacturing 20,000 MW per year of integrated solar PV and equivalent glass capacity. Other major commitments include: NTPC Ltd: 41,300 MW ReNew: 40,000 MW Adani Green Energy: 38,300 MW Hero Future…