PFC Consulting Limited, a wholly owned subsidiary of Power Finance Corporation Limited, has invited bids for a transmission project “Execution of System Strengthening/Upgradation Works and Intra-State Transmission System projects by Creation/Augmentation of Grid Stations and Laying of Transmission Lines in the state of J&K.”
The last date for seeking clarifications is 15 January 2025, while responses to the Request for Proposal (RFP) have to be submitted by 28 February 2025.
The Ministry of Coal has executed agreements for three fully explored coal blocks, increasing the total number auctioned to 104 since the commencement of commercial coal mining. The Meenakshi and Rampia & Dip Side of Rampia coal blocks have been awarded to Hindalco Industries Limited and Jhar Mineral Resources Private Limited, respectively. These blocks are expected to generate annual revenue of approximately Rs 2.71 billion, with investments around Rs 4.05 billion, and a combined peak…
Lubi Industries has secured a contract from Bharat Petroleum Corporation Limited (BPCL) to manufacture, supply, install, and commission 1,400 fast DC electric vehicle (EV) chargers across India. These chargers, with a 60 kW capacity, will be installed at BPCL retail outlets to provide reliable and efficient charging solutions for EV users. This project represents a significant portion of the annual DC charger installations in India and supports the country’s expanding EV infrastructure. The chargers will…
Nozomi Energy, a Japanese renewable energy company and an Actis subsidiary, has acquired a portfolio of 12 operational solar projects, totalling 312 MW. These projects, which range from 1 MW to over 60 MW, are backed by Feed-In-Tariff (FIT) contracts that extend at least until 2040, providing stable and predictable cash flows for the company. Nine of the projects are located in Japan’s Kanto region, while the remaining projects are situated in Tohoku, Chubu, and…
The World Bank and African Development Bank (AfDB) have outlined terms for African countries to secure $40bn in power finance under the Mission 300 programme. This initiative seeks to provide electricity access to 300 million Africans by 2030, Bloomberg reports. Currently, sub-Saharan Africa’s electricity access ranges from 1% in South Sudan to 94% in South Africa, per the International Energy Agency. Mission 300 aims to connect half the population through grid-linked power projects, with the…
Bharat Heavy Electricals Limited (BHEL) has emerged as the lowest bidder (L1) for the engineering, procurement, and construction (EPC) package of the Amarkantak Thermal Power Expansion Project. Madhya Pradesh Power Generating Company Limited (MPPGCL) invited bids for the project in February 2024, and BHEL quoted Rs 89.98 billion. The project involves developing a 660 MW supercritical unit at Chachai in Anuppur district, Madhya Pradesh, replacing the decommissioned 290 MW units from Phases I and II.
KPI Green Energy has signed a memorandum of understanding (MoU) with the Rajasthan government to develop hybrid renewable energy projects, including solar and wind power, in Jaisalmer (Ramgarh). The MoU outlines government support for facilitating necessary permissions and clearances for project development, in line with the state’s existing policies and regulations.