Rajasthan Renewable Energy Corporation Limited (RRECL) has issued a tender for the development of 282 MW of grid-connected rooftop solar photovoltaic (PV) projects on government buildings across Rajasthan. The bid submission deadline is November 26, 2024. The project scope covers design, supply, erection, testing, commissioning, and 25 years of operation and maintenance (O&M) from the commissioning date.
The Government of Rajasthan signed a Memorandum of Understanding (MoU) with RMC Switchgears Limited on November 9, 2024, to set up a 1,000 MW Ultra Mega Solar Park Project (UMSPP) with an integrated Battery Energy Storage System (BESS). The project is slated for completion by 2026.
Power Grid Corporation of India Ltd (PGCIL) has acquired Bikaner A Power Transmission Ltd (BATPL) and Bikaner B Power Transmission Limited, both established to support the “Transmission system for evacuation of power from Rajasthan REZ Phase IV (Part-3: 6 GW) [Bikaner complex]” on a build, own, operate, and transfer (BOOT) basis. The acquisition from REC Power Development and Consultancy Limited (RECPDCL), the bid process coordinator, was completed on November 11, 2024.
PFC Consulting Limited (PFCCL), a subsidiary of Power Finance Corporation Limited, has transferred two wholly owned subsidiaries, Khavda PSI and 3 Transmission Limited and Barmer I Transmission Limited, to Power Grid Corporation of India Limited (Powergrid) for a total of Rs 268.2 million. Khavda PSI and 3 Transmission Limited was transferred for Rs 79.2 million, and Barmer I Transmission Limited for Rs 189 million. Barmer I Transmission Limited focuses on establishing a new 765/400/220 kV…
Rajasthan and Gujarat, India’s leaders in renewable energy, are urged to implement policy adjustments to sustain their progress, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). Vibhuti Garg, IEEFA’s director for South Asia, noted that while slower states need to ramp up clean energy efforts, even leading states like Rajasthan and Gujarat should monitor and fine-tune their strategies to avoid losing momentum. A notable gap identified is Rajasthan’s…
Jodhpur Vidyut Vitran Nigam Limited (JDVVNL) has issued a tender for developing 333.5 MW of solar power projects, including 11 kV transmission lines and remote monitoring systems, under Component A of the PM KUSUM program. The bid submission deadline is November 29, 2024. The projects are to be commissioned within nine months of the work order, and developers are tasked with 25-year operations and maintenance, alongside a 25-year power purchase agreement (PPA) at Rs 3.04…
The Rajasthan government has introduced the Rajasthan Investment Promotion Scheme (RIPS) to enhance renewable energy investments, tapping into its potential of 24.22 GW in solar energy and 5.19 GW in wind energy. Under RIPS, enterprises investing in solar, wind, hybrid, and energy storage projects, including battery energy storage systems and biomass, receive various incentives. The scheme offers a 100 per cent subsidy on cross-subsidy and additional surcharges for renewable energy used in green hydrogen production…
IndiGrid, Kintech Synergy, and H.G. Infra Engineering have emerged as winners in NTPC Vidyut Vyapar Nigam’s (NVVN) auction to develop 500 MW/1,000 MWh standalone battery energy storage systems (BESS) with Viability Gap Funding (VGF) support. NVVN, a subsidiary of NTPC, allocated 250 MW to IndiGrid 2 at a tariff of Rs 236,999 per MW per month. Kintech Synergy received 65 MW at Rs 237,490/MW/month, and H.G. Infra was awarded 185 MW at Rs 238,000/MW/month. According…
The Rajasthan government has signed a memorandum of understanding (MoU) with the United Arab Emirates (UAE) for an investment of Rs 3 trillion to develop renewable energy projects with a combined capacity of 60 GW in solar, wind, and hybrid energy across western Rajasthan. The UAE will appoint a qualified developer to manage project governance and administration, ensuring efficient and swift implementation.
NLC India Limited (NLCIL) has entered into a joint venture agreement with Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL) to establish a 3×125 MW lignite-based thermal power plant in Rajasthan, along with developing lignite mines to fuel the station. The initial paid-up capital for this project is set at Rs 500,000, with NLCIL holding a 74% stake and RRVUNL holding 26%. In addition, NLC India Renewables Limited, a subsidiary of NLCIL, has also signed a…
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