Search Results for: REC

Battery maker Amara Raja Advanced Cell Technologies and electric vehicle manufacturer Ather Energy have signed a Memorandum of Understanding (MoU) to develop and supply Nickel Manganese Cobalt (NMC) and Lithium Iron Phosphate (LFP) Lithium-Ion (Li-ion) cells along with other advanced chemistry cells. These cells will be produced at Amara Raja’s upcoming Gigafactory in Divitipally, Telangana. Amara Raja recently agreed with Gotion-InoBat-Batteries (GIB) to localise global LFP technology for the Indian market. Additionally, the company has…

SJVN Limited has filed a petition for the approval of tariffs to supply 1,500 MW of firm and dispatchable power from renewable energy projects connected to the Inter-State Transmission System (ISTS) with energy storage systems. This Build-Own-Operate (BOO) project includes an option to expand capacity by an additional 1,500 MW. The competitive bidding process ensured transparency and fairness. Designated by the Ministry of New and Renewable Energy (MNRE) as an intermediary procurer, SJVN facilitates the…

The Government of India and the World Bank have signed a $500 million project to develop safe and green national highway corridors in Rajasthan, Himachal Pradesh, Uttar Pradesh, and Andhra Pradesh. This initiative aims to enhance the Ministry of Road Transport and Highways (MoRTH) capacity in integrating safety and green technologies into highway construction. The Green National Highways Corridors Project will support MoRTH in constructing 783 km of highways using local materials, industrial byproducts, and…

The proposed 1600 MW coal-based ultra supercritical thermal power project in Mirzapur, Uttar Pradesh, does not involve forest land for the main site, but 8.35 hectares of forest land is needed for a water pipeline and road access, the government informed Parliament. The National Green Tribunal (NGT) recently took suo motu notice of a report indicating that the 665 hectares of land for the project site is recorded as a ‘forest’ in a 1952 gazette…

Hyundai, Kia Motors, Tata, and Mahindra are lobbying against Uttar Pradesh’s decision to offer hybrid car incentives. They argue it undermines the push for electric vehicles (EVs) and disrupts investment plans. Uttar Pradesh, which accounts for 10% of India’s car sales, recently waived registration taxes on some hybrid cars, making them 10% cheaper. This move saves up to $5,200 on a Toyota Camry hybrid. Hyundai, Kia, Tata, and Mahindra, who don’t sell hybrids in India,…

The Central Electricity Authority (CEA) has approved two Hydro Pumped Storage Projects (PSPs): the 600 MW Upper Indravati in Odisha by Odisha Hydro Power Corporation (OHPC) and the 2000 MW Sharavathy in Karnataka by Karnataka Power Corporation Limited (KPCL). These approvals were supported by the Central Water Commission (CWC), Geological Survey of India (GSI), and Central Soil and Materials Research Station (CSMRS). CEA has received Hydro PSP proposals totalling around 60 GW, currently under Survey…

The Central Electricity Authority (CEA) of India has issued a draft amendment to the “Manual on Transmission Planning Criteria, 2023,” which took effect on April 1, 2023. This document outlines the planning procedures and criteria for developing India’s electricity transmission system. The amendment introduces a new chapter detailing procedures for planning electric power transmission systems and updates parameters for certain conductors. It aims to enhance the planning and development of a reliable, efficient, and economical…

HPL Electric & Power Ltd announced that its outstanding order book as of July 30, 2024, stands at over Rs. 37 billion. This substantial order book indicates a strong pipeline, ensuring sustained revenue generation and growth opportunities for the company. The company has bolstered its leadership in the smart metering sector, reporting a 35.67% year-on-year increase in revenue from its Metering, Systems & Services segment. This growth is attributed to a steady flow of orders…

Bharat Heavy Electricals Ltd (BHEL) has reported an order inflow of nearly Rs. 9,500 crore in the first quarter of FY25 (April to June 2024), with a significant focus on power sector-related mandates. In an investor presentation, BHEL detailed that it received orders worth Rs. 94.88 billion during Q1FY25. The domestic power sector accounted for Rs. 85 billion, or nearly 90% of the total orders. The remaining Rs 9.88 billion came from the industry sector…