Similar Posts
NCT approves TBCB route for Rs 100 billion interstate transmission projects
The National Committee on Transmission (NCT), in its 22nd meeting on August 23, 2024, recommended the tariff-based competitive bidding (TBCB) route for four interstate transmission system (ISTS) schemes, with a total project outlay exceeding Rs 100 billion. These projects are aimed at strengthening India’s power transmission infrastructure, particularly for renewable energy zones and green hydrogen production areas. The first scheme focuses on the augmentation of transformation capacity at the Bidar pooling station in Karnataka, with…
NTPC to establish seawater-to-green hydrogen plant in Andhra Pradesh
NTPC Limited is setting up a one-tonne per day seawater-to-green hydrogen plant at its Simhadri facility near Visakhapatnam, Andhra Pradesh. Developed through its R&D centre, NETRA, the project will use a low-carbon desalination plant powered by waste heat from the thermal power plant’s flue gas. This innovative process will produce hydrogen-grade water from seawater at reduced costs. NTPC states that 12-13 kg of purified water is required to generate 1 kg of hydrogen. In November…
CERC grants transmission licence to Kallam Transco
The Central Electricity Regulatory Commission (CERC) has awarded a final transmission licence to Kallam Transco Ltd (KTL), a subsidiary of India Grid Trust (IndiGrid), for developing an Inter-State Transmission System (ISTS) project in Maharashtra. The project, part of the “Western Region Network Expansion Scheme,” was secured under the Tariff-Based Competitive Bidding (TBCB) route. KTL won the contract with an annual transmission tariff of Rs 152.50 million, surpassing bids from Sterlite Power, Torrent Power, and Power…
Four developers shortlisted for Rajasthan HVDC-based ISTS scheme re-tender
Four developers, Power Grid Corporation of India Ltd (PGCIL), Sterlite Power, Adani Energy Solutions Ltd (AESL), and India Grid Trust (IndiGrid), have been shortlisted for the development of an interstate transmission system (ISTS) scheme in Rajasthan. The scheme, “Transmission system for evacuation of power from REZ in Rajasthan (20 GW) under Phase-III Part I,” involves high-voltage direct current (HVDC) infrastructure and was re-tendered in August following the annulment of the original bidding process. Housed under…
Iberdrola to acquire remaining 18% stake in Avangrid for $2.55bn
Spanish utility Iberdrola has announced that Avangrid shareholders have approved its $2.55 billion proposal to acquire the remaining 18% stake in the company. Shareholders will receive $35.75 per share, representing a 15.2% premium over the 30-day weighted average price before the acquisition’s March announcement. The acquisition will enhance Avangrid’s ability to secure financial resources needed for investments in transmission and distribution networks in states like New York, Connecticut, Maine, and Massachusetts. Following regulatory clearances, Avangrid…
Tata Power to invest Rs 5.5 billion in renewable energy for Noida Airport
Tata Power has committed Rs 5.5 billion towards establishing solar and wind power capacities to supply clean energy to Noida International Airport (NIA) in Uttar Pradesh. The company has signed two power purchase agreements with NIA, supporting the airport’s sustainable energy infrastructure. Through its subsidiary, Tata Power Trading Company (TPTCL), Tata Power will provide 10.8 MW of wind energy, while Tata Power Renewable Energy (TPREL) will develop, operate, and maintain a 13 MW onsite solar…