Author: PPD Team Date: 08/11/2024
Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL) has issued a tender to establish a 500 MW/1,000 MWh battery energy storage system (BESS) with an additional greenshoe option of 500 MW/1,000 MWh. The deadline for bid submissions is December 16, 2024.
The capacity will be distributed across multiple sites, including the Giral Lignite Power Project in Barmer, the Suratgarh Thermal Power Station, and substations in Sakatputa, Kota, and Jaipur.
Author: PPD Team Date: 03/02/2025 AZAD Engineering Limited has secured a six-year contract with Siemens Energy Global GmbH & Co. KG, valued at €90.1 million. The agreement covers the production of combustion commodities, cold blades, vanes, machined parts, and assemblies for advanced turbine systems. In addition, AZAD Engineering has received an order from Bharat Heavy Electricals Limited (BHEL) for high-complex rotating airfoils for supercritical turbines, part of an indigenisation project approved by the Ministry of…
Author: PPD Team Date: 25/10/2024 JSW Energy’s step-down subsidiary, JSW Renew Energy Eleven, has signed a power purchase agreement (PPA) with Solar Energy Corporation of India (SECI) for a 700 MW solar capacity under SECI Tranche XIII. The PPA, with a tariff of Rs 2.56/kWh, is set for 25 years, and the project is expected to be commissioned within 24 months. JSW Energy, targeting 10 GW operational capacity by FY 2025, currently operates 7.9 GW…
Author: PPD Team Date: 14/04/2025 The Union Government inaugurated and laid the foundation stone for several power projects in eastern Uttar Pradesh on April 11, 2025. These efforts aim to strengthen electricity transmission and distribution in the Varanasi division. Projects inaugurated include two 400 kV and one 220 kV transmission substations and associated lines across Jaunpur, Chandauli, and Ghazipur districts. These projects are valued at Rs 10.45 billion. In addition, foundation stones were laid for…
Author: PPD Team Date: 02/12/2024 Power Mech Projects Limited won a contract from Adani Power Limited (APL) worth Rs 5,100 million for civil and mechanical construction works for the 1,600 MW Raipur (Raikheda) Ultra Super-Critical Thermal Expansion Project on November 29, 2024. The work is expected to be completed in 34 months. The plant is an Ultra Super-Critical expansion by adding 1,600 MW (2X800 MW) to existing 1,370 MW (2×685) Chhattisgarh (Raikheda) Coal Based Thermal…
Author: PPD Team Date: 24/02/2025 The Ministry of Power has amended the tariff-based competitive bidding process for wind-solar hybrid projects to improve project execution and grid integration. Under the revised guidelines, procurers can specify designated interstate and intrastate transmission system substations where developers must connect their hybrid power projects. The provisions for change in law now align with the Electricity (Timely Recovery of Costs due to Change in Law) Rules, 2021, ensuring financial clarity for…
Author: PPD Team Date: 14/11/2024 IndiGrid, British International Investment (BII), and the Norwegian Climate Investment Fund managed by Norfund have established EnerGrid, a $300 million platform focused on greenfield transmission and standalone battery energy storage system (BESS) projects in India. Each partner will invest $100 million, with EnerGrid aiming to develop projects valued at approximately $1.2 billion over the next several years. Once operational, IndiGrid will acquire these projects at a pre-agreed enterprise value. IndiGrid’s…