Waaree Renewable Technologies Ltd (WRTL) has secured an order to establish a 41.6 MW solar project in Cuddalore, Tamil Nadu. The project, valued at approximately Rs 1.47 billion, is scheduled for completion in the fiscal year 2025-26. This initiative involves setting up an independent regional power production (IPP) unit.
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…
The National Committee on Transmission (NCT) has approved three Interstate Transmission System (ISTS) schemes to support upcoming green hydrogen and ammonia manufacturing units in Gujarat (Kandla and Mundra) and Tamil Nadu (Tuticorin). These schemes, with an estimated total outlay of Rs 82 billion, are now open for bids, with technical bids expected to open by December 2024. Gujarat Schemes: Kandla Scheme: This project, designed to meet a projected demand of 1,690 MW by FY28 from…
A report by Avener Capital highlights that India’s rollout of 250 million smart meters, under the Revamped Distribution Sector Scheme (RDSS), represents a $20 billion opportunity, with Advanced Metering Infrastructure Service Providers (AMISP) project awards projected to grow at a compounded annual rate of 25%. State-wise, Maharashtra and Uttar Pradesh are nearing saturation in terms of project awards, but states like Tamil Nadu, Madhya Pradesh, and Gujarat offer promising opportunities due to the gap between…
The “Interim ISTS Rolling Plan 2029-30,” released by Central Transmission Utility of India Ltd (CTUIL), outlines plans to build a 19,500 MW interstate transmission system (ISTS) network to supply renewable energy to upcoming green hydrogen plants by FY30. The entire 19,500 MW is expected to come online by FY28, benefiting green hydrogen and ammonia manufacturing plants in Gujarat, Tamil Nadu, and Andhra Pradesh. This transmission infrastructure, estimated to cost Rs 15.63 billion, will be implemented…
The Tamil Nadu Cabinet has approved 14 new projects with a total investment commitment of Rs 386.98 billion, expected to generate 46,931 high-end employment opportunities across 12 districts. These projects span sectors including auto and electric vehicles, electronics, green energy, telecom equipment, and advanced manufacturing. Key investments include Freetrend Industrial India’s Rs 10 billion footwear manufacturing plant in Ariyalur, creating 14,000 jobs, and Leap Green Energy’s Rs 103.75 billion investment in a hydrogen power storage…
Tamil Nadu stands as a leader in India’s power sector, ranking third in the nation with a total installed power capacity of 39.7 GW as of March 2024. Of this, renewable energy accounts for 56%, with wind power contributing a substantial 10.7 GW, making Tamil Nadu the second-highest in India for wind energy capacity. Coal and lignite dominate the state’s energy generation, comprising 37% of the installed capacity, while wind energy accounts for 26.7% of…
Oriana Power’s subsidiary, TrueRE Surya, has secured a contract to build and operate a 128 MW ground-mounted solar power plant in Tamil Nadu for Dalmia Cement (Bharat), a subsidiary of Dalmia Bharat. The project, costing Rs 5.2 billion, will be completed within 12 months and generate 1.92 billion units of electricity annually, supporting Dalmia Bharat’s RE100 commitment by 2030. Dalmia Cement will acquire 26% of TrueRE Surya’s equity in tranches over the next four to…
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