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Adani Power to continue supplying power to Bangladesh despite new export guidelines

India, News

Adani Power has announced that it will continue supplying power to Bangladesh from its 1,600 MW Jharkhand plant, which was established to exclusively supply electricity to the neighbouring nation. This comes after a recent amendment by India’s power ministry to the power import/export guidelines, allowing export-oriented plants to sell power within India under certain conditions, such as non-scheduling or payment defaults. Despite this amendment, Adani Power clarified that the change is a universal provision designed…

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RECPDCL forms SPV for Rs 5.85 billion power evacuation project in Rajasthan

India, News

REC Power Development & Consultancy Ltd (RECPDCL) has established a project special purpose vehicle (SPV) named “Rajasthan IV 4A Power Transmission Ltd” for the development of an interstate transmission system (ISTS) scheme associated with renewable energy evacuation in Rajasthan. The SPV was incorporated on August 6, 2024, as a wholly-owned subsidiary of RECPDCL, which is serving as the bid process coordinator (BPC) for the project. The developer for the scheme will be selected through a…

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ib vogt secures PPA for 50 MW solar farm in Bangladesh

Global, News

German solar developer ib vogt GmbH has secured a power purchase agreement (PPA) for its 50-MWac/68-MWp solar farm project in Bangladesh. Sonagazi Solar Power Limited, sponsored by ib vogt, signed the agreement with the Bangladesh Power Development Board (BPDP) and Power Grid Bangladesh PLC. Under the PPA, Sonagazi Solar will receive a fixed tariff of USD 0.1094 (EUR 0.102) per kWh for 20 years. The solar farm will be built in the north of the…

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E-Bus sales in India to Surge by 75-80 per cent this FY

India, News

Electric bus (e-bus) sales in India are expected to rise by 75-80 per cent this fiscal year, reaching 6,000-6,500 units, according to CRISIL Ratings. This growth is driven by government schemes like the Faster Adoption and Manufacturing of (Hybrid and) Electric Vehicles (FAME), the National Electric Bus Programme (NEBP) under Convergence Energy Service Limited (CESL), and the Prime Minister eBus Sewa Scheme (PM-eBus Sewa Scheme), which have resulted in orders for 24,000 e-buses. The Gross…

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NCT recommends major ISTS schemes worth over Rs 220 billion

India, News

In its latest meeting, the National Committee on Transmission (NCT) recommended interstate transmission system (ISTS) schemes worth over Rs 220 billion to the Union power ministry for final clearance. A total of ten ISTS schemes, costing Rs 227.3 billion, were discussed. Of these, seven schemes (costing Rs 93.99 billion) will follow the tariff-based competitive bidding (TBCB) mode, while three schemes (costing INR 133.38 billion) will use the regulated tariff mechanism (RTM). TBCB Schemes Each of…

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News Subsections Analysis Features Opinions and Perspective Data Insights Power 101 Deep Dive Power Bytes Why Electrification is More Efficient Than Hydrogen for Renewable Energy Emissions Reductions? September 16, 2024 . Comment (0) . Nuclear Energy and the Future: A Journey Through Material Innovation September 14, 2024 . Comment (0) . Why is integrating renewable energy into aging grids so challenging? September 14, 2024 . Comment (0) . How Himachal Pradesh reduced its electricity procurement…

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