Key Power Sector News Roundup for September 30, 2024

By

Contract Awards Bajel Projects entered the data centre sector, winning a contract for a GIS substation in Navi Mumbai.  Power Mech secured a Rs 2.27 billion O&M contract for Akrimota Thermal Power Station in Gujarat.  Marsons Ltd won a Rs 6.75 billion contract for a 150 MW solar project in Rajasthan.  L&T Digital Energy Solutions received mandates for Energy Management Systems in South India and expanded its grid modernization projects in the US. SJVN to…

Key Power Sector News Roundup for September 27, 2024

By

Marsons Secures LoI for 150 MW Solar Plant in Rajasthan  Marsons has received an LoI from Nacof Oorja to develop a 150 MW solar PV plant in Rajasthan for Rajasthan Renewable Energy Corporation Limited under the KUSUM Scheme Megha Engineering to Invest Rs 210 Billion in Two Hydro Projects Megha Engineering & Infrastructures Ltd (MEIL) will invest Rs 210 billion in two pumped storage hydro projects in Maharashtra, totalling 4,000 MW. The Kamod and Ghosla…

|

India’s power sector to see Rs 40 trillion investment by 2035

By

India’s power sector is projected to receive over Rs 40 trillion in investments in the next decade, according to a report by Motilal Oswal. Of this, around Rs 34 trillion will be directed towards capital expenditure in areas like power generation, transmission, and smart metering, which will account for 86%, 10%, and 4% of the total, respectively. This investment surge is fueled by rising power demand, driven by India’s growing GDP, technological advancements, and a…

|

National Electricity Plan – 2032 finalized, outlay pegged at over Rs 9 trillion

By

Union power minister Manohar Lal announced the finalization of the National Electricity Plan (NEP) for the period 2023 to 2032 at a press conference in New Delhi on September 23, 2024. The NEP aims to develop central and state transmission systems to meet the projected peak power demand of 458 GW by 2032, with a total project outlay of Rs 9 trillion. Key highlights of NEP 2032 include the expansion of the transmission network from…

|

L&T wins power transmission and distribution contracts in Middle East

By

The Power Transmission & Distribution (PT&D) division of Larsen & Toubro (L&T) has secured significant orders in the Middle East to expand and strengthen electricity grids at high voltage levels. While the exact value of these contracts was not disclosed, the aggregate worth is estimated between Rs 100 billion and Rs 150 billion. In Saudi Arabia, L&T will establish ±500kV HVDC transmission links to interconnect different regions within the national electricity network, improving system resilience…

|

Power minister inaugurates CSIRT-Power facility for cybersecurity

By

Union power minister Manohar Lal inaugurated the new Computer Security Incident Response Team – Power (CSIRT-Power) facility in New Delhi on September 23, 2024. The establishment of CSIRT-Power, a collaborative effort between the Ministry of Power and CERT-In, is part of the 100-day initiatives under the National Cyber Security Policy. Equipped with state-of-the-art tools and resources, the facility will act as a dedicated cybersecurity response team for the power sector, focusing on detecting and responding…

|

2. Power Generation: How It All Works

By

Electricity is something many of us take for granted—until it is not there. It powers our homes, workplaces, and nearly every gadget we use. But behind this constant flow of energy is a fascinating and complex process involving various power plants, each using different methods to generate electricity. From burning coal to capturing the sun’s rays, each type of power plant plays a crucial role in delivering energy to the grid. Understanding how these power…