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O2 Power wins 200 MW in SECI’s auction for renewable energy supply
Altra Xergi Power, a subsidiary of O2 Power, secured 200 MW in SECI’s auction for 8,000 MWh (2,000 MW x 4 hours) of peak renewable energy supply from ISTS-connected projects under tariff-based competitive bidding (FDRE-VI). The winning tariff was Rs 8.50 per kWh. The auction saw participation from ACME Solar Holdings and Avaada Energy, with…
SECI debars Reliance Power and subsidiaries from tenders over fake documents
The Solar Energy Corporation of India (SECI) has barred Reliance Power (R-Power) and its subsidiaries from participating in its tenders for three years, following the submission of a fake document by R-Power for a SECI tender issued in June. The notice, released on November 6, under the Ministry of New and Renewable Energy (MNRE), specifies…
IndiGrid to acquire NERES XVI transmission project from Techno Electric
IndiGrid Infrastructure Trust (IndiGrid) has signed definitive agreements with Techno Electric & Engineering Company Ltd (TEECL) to acquire NERES XVI Power Transmission Ltd (NPTL), an interstate transmission project in the Northeast, following its commissioning and receipt of necessary approvals. The project includes a 400/220/132 kV substation with a total transformation capacity of 1,400 MVA and…
Portugal plans 10GW offshore wind cluster in Atlantic Ocean
Portugal’s government is set to develop a 10GW offshore wind cluster in the Atlantic Ocean as part of its strategy for the country’s first offshore licence auction, scheduled for 2025. The plan, formulated by the Economy Ministry and the Environment Ministry, includes a 2,000km² site, as reported by Reuters. Secretary of State for the Sea…
Vietnam proposes amendments to electricity law
Vietnam‘s Ministry of Industry and Trade has drafted a new electricity law to establish a legal framework supporting the development of a modern, interconnected, and efficient power market while prioritizing national energy security. The proposed amendments aim to address gaps in power development regulations, improve coordination among ministries, and overcome challenges in bringing electricity investments…
REC PDCL invites bids for transmission system linked to 2,000 MW solar park in Karnataka
REC Power Distribution Company Limited (REC PDCL) has issued a Request for Proposal (RfP) for selecting a transmission service provider (TSP) on a build, own, operate, and transfer (BOOT) basis. The project supports evacuation of power from a planned 2,000 MW solar park at Ryapte in Tumkur district, Karnataka. The bidding will follow a tariff-based…
