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MoP proposes amendments to EV charging infrastructure guidelines

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The Ministry of Power (MoP) has released a draft amendment to the Guidelines for Installation and Operation of Electric Vehicle Charging Infrastructure-2024.  The draft outlines the framework for establishing EV charging infrastructure, including networks of charging stations equipped to meet diverse EV charging needs. The proposed guidelines define EV charging infrastructure as comprising various components such as connections to discom supply systems, power management systems for energy optimization, tools for grid stability and renewable energy…

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Tata Power acquires Paradeep Transmission for ERES XXXIV Expansion

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Paradeep Transmission, a wholly-owned subsidiary of PFC Consulting created to develop the Eastern Region Expansion Scheme-XXXIV (ERES XXXIV), has been transferred to Tata Power Company.  The sale and transfer process to Tata Power, the successful bidder, was finalized on 06 November 2024. The sale consideration was determined as per guidelines set by the Ministry of Power, Government of India.

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PFCCL signs MoU with CEA to collaborate on power sector projects

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On October 14, 2024, PFC Consulting Ltd (PFCCL), a wholly-owned subsidiary of Power Finance Corporation, signed a memorandum of understanding (MoU) with the Central Electricity Authority (CEA) to collaborate on generation, transmission, and distribution projects.  PFCCL, which provides consultancy services to the power sector, also plays a crucial role in developing ultra mega power projects (UMPPs) and acts as the Bid Coordinator for selecting developers for independent transmission projects (ITPs), as appointed by the Ministry…

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MoP unveils National Electricity Plan for transmission

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The Ministry of Power (MoP) has launched the National Electricity Plan for transmission, targeting the transmission of 500 GW of renewable energy by 2030 and over 600 GW by 2032. The plan also addresses the need for 47 GW of battery energy storage systems and 31 GW of pumped storage plants. From 2022-23 to 2031-32, the plan aims to add over 191,000 circuit km of transmission lines and 1,270 GVA of transformation capacity at 220…