|

Hero Future Energies commissions 29 MW solar project in Karnataka

By

Hero Future Energies (HFE) has commissioned a 29 MW solar power project in Chitradurga, Karnataka, which will generate 33 million units of clean energy annually and reduce carbon dioxide emissions by 31,624 tonnes each year.  This open-access solar project caters to the Commercial and Industrial (C&I) sector’s energy needs. Srivatsan Iyer, Global CEO of HFE, highlighted the project’s role in expanding the company’s footprint in Karnataka and supporting industrial decarbonisation. “This is a milestone in…

|

KERC eases rooftop solar installation rules for consumers with loads up to 10 kW

By

The Karnataka Electricity Regulatory Commission (KERC) has simplified rooftop solar installation rules for consumers with sanctioned loads of up to 10 kW.  The new guidelines allow a 10 per cent capacity tolerance for direct current (DC) systems, ensuring that the alternating current (AC) capacity of the inverter does not exceed the sanctioned load.  Consumers with lower sanctioned loads can now install systems up to 10 kW, with automatic load enhancement to match the required capacity….

|

Hero Future to invest Rs 110 billion in Karnataka

By

Hero Future Energies Private Limited (HFEPL) has signed a Memorandum of Understanding (MoU) with the Government of Karnataka to invest Rs 110 billion in renewable energy and green hydrogen projects.  The investment will be allocated for establishing renewable energy, green hydrogen, and its derivatives projects in Karnataka over the next two to three years.  The projects are set to commence in 2025-26 and are expected to create over 3,000 jobs. The Karnataka government will provide…

|

JSW Energy plans wind turbine blade manufacturing unit in Karnataka

By

JSW Energy, led by Sajjan Jindal, is set to establish a wind turbine blade manufacturing facility in Karnataka to secure a steady supply of wind turbine generators (WTGs) for its renewable energy projects.  The plant, requiring an estimated investment of $50 million, will have the capacity to assemble 400-500 turbines annually.  The facility will be built on available land at JSW Energy’s Vijayanagar site, where the company also operates a 12.5 million tpa steel plant…

|

RECPDCL forms two SPVs for ISTS projects in Karnataka and Tamil Nadu

By

REC Power Development & Consultancy Ltd (RECPDCL), as the bid process coordinator, has launched two wholly-owned subsidiaries to act as special purpose vehicles (SPVs) for ISTS-TBCB schemes currently under bidding. These SPVs, Bidar Transco Ltd and Tuticorin Power Transmission Ltd, will support crucial transmission upgrades and green energy integration. Project SPV Details: Bidar Transco Ltd Incorporation Date: November 5, 2024 Scheme: Augmentation of transformation capacity with 3×500 MVA, 400/220kV and 1×1500 MVA, 765/400kV ICTs at…

|

PFCCL establishes SPV for ISTS scheme development in Karnataka

By

PFC Consulting Ltd (PFCCL) has formed a wholly-owned subsidiary named “Gadag II and Koppal II Transmission Ltd” on October 21, 2024, as a special purpose vehicle (SPV) for an interstate transmission system (ISTS) scheme in Karnataka.  The project, titled “System strengthening at Koppal-II and Gadag-II for integration of RE generation projects,” is aimed at enhancing capacity at the Koppal-II and Gadag-II pooling stations to support growing renewable energy (RE) connections. PFCCL has commenced the bidding…

|

ITC commissions second offsite solar plant in Karnataka

By

ITC has commissioned a 9.45 MW offsite solar plant in Davangere district, Karnataka, marking its second such facility in the state and fourth in the country, alongside others in Tamil Nadu, Uttar Pradesh, and Karnataka. The plant is designed to generate around 15 million units of green energy annually, supplying power to ITC’s hotels, the ITC Life Sciences and Technology Centre (LSTC), food manufacturing units in Mysore and Malur, and the ITC Green Centre in…

|

Avaada Energy secures Rs 5.97 billion refinancing for solar projects

By

Avaada Energy, part of Avaada Group, has secured approximately Rs 5.97 billion in refinancing for its commercial and industrial (C&I) solar projects in Karnataka and Maharashtra.  The refinancing was provided by NIIF Infrastructure Finance Limited (NIIF IFL), a debt fund focused on operational infrastructure projects. Avaada’s solar projects supply power to major corporations such as Bharti Airtel, Motherson, Bharat Forge, STT, Nxtra Data, and Lumax, supporting their energy transition initiatives. The refinancing deal allows Avaada…