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NLC signs agreement for 200 MW solar power project in Telangana
NLC India (NLCIL) has signed a power usage agreement with Telangana distribution companies to supply 200 MW of solar power at a competitive price under the central public sector undertaking scheme for 25 years. The solar project will be developed under the ‘Make in India’ initiative, utilizing state-of-the-art equipment and technology, including single-axis trackers and domestically manufactured high-efficiency modules. The project is scheduled for commissioning by June 2025. Over its lifetime, NLCIL’s solar project is…
B.Grimm, EGAT, PEA sign PPA to develop 323 MW of solar projects in Thailand
B.Grimm Power has signed 25-year power purchase agreements (PPAs) with the Electricity Generating Authority of Thailand (EGAT) and the Provincial Electricity Authority (PEA) for a total of 323.3 MW across eight solar projects in Thailand. The agreements, involving B.Grimm’s subsidiaries and joint ventures, have commercial operation dates scheduled between 2026 and 2030. These projects support the company’s GreenLeap-Global and Green Strategy, aligning with Thailand’s goal to achieve net-zero emissions by 2065.
Haryana DISCOM floats tender for 27 MW solar projects
Dakshin Haryana Bijli Vitran Nigam (DHBVN) has issued a tender for 26.75 MW of decentralised, ground-mounted, grid-connected solar projects under Component A of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM KUSUM) program. Bids are due by November 25, 2024. The Haryana Power Purchase Centre (HPPC) will purchase power from the projects at a levelised tariff of Rs 3.11/kWh, with 25-year power purchase agreements signed with successful bidders on behalf of DHBVN.
BMW announces plans to produce its first hydrogen car by 2028
German luxury automaker BMW has revealed plans to produce its first hydrogen-powered car by 2028. BMW is partnering with Toyota to create a new generation of fuel-cell powertrains, continuing a collaboration that previously resulted in the current-generation Toyota Supra. The partnership aims to overcome the challenges that have hindered the adoption of hydrogen technology, including high costs and limited infrastructure. BMW’s announcement comes with few specifics about the vehicle, but it is expected to be…
HPCL issues tender for 5,000 tonnes of green hydrogen supply at Visakh Refinery
Hindustan Petroleum Corporation (HPCL) has floated a tender seeking the supply of 5,000 tonnes (5 KTPA) of green hydrogen annually for its Visakh Refinery. The tender period is set for 25 years, with the bid submission deadline on January 21, 2025. The successful bidder will be responsible for selecting the project location, acquiring land, and constructing the Green Hydrogen Generation Unit (GHGU), which will comprise electrolysers, power systems, and purification units.
DIPAM approves IREDA to raise Rs 45 billion through equity issue
Indian Renewable Energy Development Agency Limited (IREDA) has received approval from the Department of Investment and Public Asset Management (DIPAM) to raise approximately Rs 45 billion via a fresh equity issue through qualified institutions placement (QIP). Following the equity raise, the Government of India plans to reduce its shareholding in IREDA by up to 7%, potentially in one or more stages.