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ACWA Power secures $240 million IFC loan for Uzbekistan’s RE projects

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ACWA Power has obtained a $240 million Islamic Equity Bridge Loan (EBL) from the International Finance Corporation (IFC) to support renewable energy initiatives in Uzbekistan.  The financing will facilitate the construction and operation of two projects: a 1 GW solar photovoltaic plant and a 668 MW battery energy storage system (BESS), along with approximately 500 km of high-voltage transmission lines.  These projects aim to reduce Uzbekistan’s greenhouse gas emissions by an estimated 1.3 million tonnes…

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K.P. Energy secures 1,003.7 MW EPC orders from KPI Green

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K.P. Energy, based in Gujarat, has secured engineering, procurement, and construction (EPC) contracts totalling 1,003.7 MW from its parent company, KPI Green Energy.  The projects include an 86.8 MW hybrid plant (70 MW solar and 16.8 MW wind), a 641.9 MW hybrid plant (518 MW solar and 123.9 MW wind), and a 275 MW solar plant.  These projects were awarded to KPI Green Energy through various tenders by Gujarat Urja Vikas Nigam Ltd (GUVNL).  K.P….

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NTPC to establish world’s first green hydrogen plant using plasma oxy gasification

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NTPC Limited, through its R&D arm NETRA, is set to build a green hydrogen production plant that will use plasma oxy gasification technology for municipal solid waste (MSW) and agri-waste.  This pioneering plant will generate high-purity hydrogen (over 99.9%) through plasma-assisted ‘oxy gasification’ of MSW-RDF/agri-waste, creating a superior synthesis gas (syn-gas). From this, hydrogen is separated using a combination of gas membrane and pressure swing adsorption techniques. This plant, which is the world’s first of…

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JDVVNL issues tender for 333.5 MW solar projects under PM KUSUM

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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…

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Refex Green acquires full ownership of Sherisha Solar SPV Two

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Refex Green Power Limited (RGPL), a wholly-owned subsidiary of Refex Renewables & Infrastructure Limited, has acquired the remaining 51% equity stake in Sherisha Solar SPV Two Private Limited.  This acquisition increases RGPL’s ownership to 100%, making Sherisha Solar SPV Two a fully-owned step-down subsidiary.

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Indian Railways issues tender for 4 MW solar project at Thivim, Goa

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The Ministry of Railways has issued a tender for a 4 MW ground-mounted, grid-connected solar power project at Thivim, Konkan Railway, Goa.  This project, intended to power the Thivim Traction Sub-Station (TSS), will operate on a public-private partnership (PPP) basis under a design, build, finance, operate, and transfer (DBFOT) model for 25 years.  The deadline for bid submission is set for November 29, 2024, with project completion expected within 180 days.  In related developments, Southern…

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Four developers shortlisted for Rajasthan HVDC-based ISTS scheme re-tender

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Four developers, Power Grid Corporation of India Ltd (PGCIL), Sterlite Power, Adani Energy Solutions Ltd (AESL), and India Grid Trust (IndiGrid), have been shortlisted for the development of an interstate transmission system (ISTS) scheme in Rajasthan.  The scheme, “Transmission system for evacuation of power from REZ in Rajasthan (20 GW) under Phase-III Part I,” involves high-voltage direct current (HVDC) infrastructure and was re-tendered in August following the annulment of the original bidding process. Housed under…

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SBEC Systems commissions 632 KWp solar power project in Uttar Pradesh

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SBEC Systems (India) has commissioned a 632 KWp solar power project at G S Pharmbutor’s Nutrition Division, located within the Modi Steel Compound in Modinagar, Uttar Pradesh. The project became operational on November 5, 2024. This initiative aligns with SBEC Systems’ focus on engineering and consultancy services across various industries, emphasizing their commitment to advancing renewable energy solutions.

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Uttar Pradesh targets 14,000 MW solar power

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Uttar Pradesh is advancing its renewable energy goals by partnering with energy firms to establish floating solar power plants, aiming to reach 14,000 MW of solar power generation by 2027.  Under the ‘PM Surya Ghar Yojana’, the state targets connecting 2.5 million households to solar energy. Floating solar projects are planned for seven reservoirs, in collaboration with NTPC, Tehri Hydro Development Corporation (THDC), and Satluj Jal Vidyut Nigam (SJVN), according to a government official. The…