Power Sector News Roundup for November 29, 2024

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Global: Egypt and Hynfra to develop $1.6 billion green ammonia facility SGCC connects first section of Ningxia–Hunan UHVDC transmission project First phase of UK-Germany energy link completed in NeuConnect project ENERCON advances onshore wind projects in Iceland and Turkey Sonnedix inaugurates 150 MW Betierra solar project in Spain Vestas secures order for Nordseecluster B offshore wind project in Germany Hexicon secures majority stake in 1.1 GW MunmuBaram wind project Hitachi Energy to supply grid solutions…

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Sterlite Power wins contract of Rs 682.5 million from PGCIL

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Sterlite Power Transmission Limited has secured a contract worth Rs 682.5 million from Power Grid Corporation of India Limited (PGCIL) for reconductoring Package OH01. The package includes the reconductoring of the 220 kV Hisar (PG) to Hisar (IA) single circuit line and the 400 kV Raichur to Veltoor (Mahabubnagar) line with high-tension low-sag (HTLS) conductors.  This project involves reconductoring the transmission line and upgrading the 400 kV bays at Raichur and Mahabubnagar to fully utilize…

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CEA plans RE-based transmission of 613 GW by 2032

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The Central Electricity Authority (CEA) has outlined a comprehensive plan to build transmission capacity for 613 GW of renewable energy by 2032. In its latest ‘National Electricity Plan,’ the CEA projects that India’s non-fossil fuel capacity will reach 653 GW by 2031-32. This includes 385 GW from solar (with 60 GW from rooftop solar), 165 GW from wind, 62.8 GW from hydro, 19.6 GW from nuclear, 15.5 GW from biomass, and 5.4 GW from small…

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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…

Key Power Sector News Roundup for September 27, 2024

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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…

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Three bidders shortlisted for Himachal Pradesh hydropower transmission project

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REC Power Development & Consultancy Ltd (RECPDCL) has shortlisted Power Grid Corporation of India Ltd (PGCIL), Sterlite Power, and Adani Energy Solutions Ltd (AESL) for setting up evacuation infrastructure for hydropower projects in Himachal Pradesh under the ISTS scheme. This project, housed under Shongtong Power Transmission Ltd, follows a tariff-based competitive bidding (TBCB) process. The three developers have cleared the technical bid stage, and their initial price bids will soon be opened. The bidding will…

Key Power Sector News Roundup for September 26, 2024

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MERC approves MSEDCL’s procurement of 5,991 MW solar power The Maharashtra Electricity Regulatory Commission (MERC) approved MSEDCL’s procurement of 5,991 MW solar power under Mukhyamantri Saur Krushi Vahini Yojana 2.0. The Rs 3.10 per kWh ceiling tariff ensures competitive pricing. This initiative aims to solarize 30% of agricultural feeders by 2025, helping meet rising renewable purchase obligation (RPO) targets and easing Koyna hydroelectric plant’s peak demand. Zelestra signs 450 MW solar power supply agreement with…

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

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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…

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Power Grid wins Khavda transmission project amid competitive bidding

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Power Grid Corporation of India Ltd (PGCIL) has secured the letter of intent (LoI) for the project, titled “Provision of Dynamic Reactive Compensation at Khavda Pooling Station 1 (KPS1) and Khavda Pooling Station 3 (KPS3),” in Gujarat through tariff-based competitive bidding, marking its fourth ISTS-TBCB win in September 2024.   The project involves the installation of STATCOMs at KPS1 and KPS3 to manage high voltage fluctuations caused by intermittent renewable energy in the region. The estimated…

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PGCIL, Adani, Sterlite Power in race for Gujarat’s HVDC transmission project

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Three players—Power Grid Corporation of India Ltd (PGCIL), Adani Energy Solutions Ltd (AESL), and Sterlite Power—have qualified to compete for a major interstate transmission system (ISTS) scheme in Gujarat, involving high-voltage direct current (HVDC) technology. The scheme is part of the Khavda V-A Power Transmission project, aimed at evacuating 8 GW of renewable energy from the Khavda region in Gujarat. Developer selection is being conducted through tariff-based competitive bidding (TBCB). The project is estimated to…