Author: Power Peak Digest Team Pub Date: November 22, 2024
THDC India Limited synchronised Unit I of the Tehri Pumped Storage Plant Project with the National Grid on November 19, 2024.
Furthermore, the coal firing was also achieved within a few hours of oil synchronisation.
THDC, a joint venture (JV) of NTPC Limited and the Government of Uttar Pradesh (GoUP), is implementing the project. The Tehri PSP consists of four reversible pump turbine units of 250 MW each in Uttarakhand.
Author: Power Peak Digest Team Pub Date: November 26, 2024 Indonesia’s President Prabowo Subianto has announced plans to retire all coal-fired power plants by 2040, advancing the previous target of 2056. At the G20 Summit in Rio de Janeiro on 19 November 2024, Subianto emphasized the need for global collaboration to achieve net-zero emissions before 2050. The country plans to develop over 75 GW of renewable energy in the next 15 years to replace coal. …
Author: Power Peak Digest Team Pub Date: October 28, 2024 Avaana Capital, India’s climate-focused venture capital firm, has infused its Avaana Climate and Sustainability Fund with USD 135 million, supported by prominent institutional investors, including the Green Climate Fund (GCF). Anjali Bansal, partner at Avaana Capital, highlighted the significance of this support, emphasizing the role of innovation in driving climate action and creating long-term impact. The fund aims to build the next generation of climate-first…
Author: Power Peak Digest Team Pub Date: October 28, 2024 Energy Development Corporation (EDC) has committed USD434 million to expand the Southern Negros Geothermal Project (SNGP). The investment will support new well drilling, pad expansion, road and pipeline network upgrades, and the integration of emerging technologies. Currently, the SNGP operates at a dependable capacity of 221.8 MW across multiple geothermal plants, with this expansion set to strengthen infrastructure and increase output.
Author: Power Peak Digest Team Pub Date: November 18, 2024 REC Power Development and Consultancy Limited (REC-PDCL), a wholly owned subsidiary of REC Limited, has invited bids for the selection of a Transmission Service Provider (TSP) to develop intra-state transmission system for evacuation of 1230 MW power (MPPMCL portion) through STU network from proposed 2X800 MW Thermal Power Project of M/S Mahan Energen Ltd. (MEL). The project will be executed through a tariff-based competitive bidding…
Author: Power Peak Digest Team Pub Date: December 11, 2024 Teerth Gopicon Private Limited has received a Letter of Award (LoA) worth Rs 2.37 billion from Rajasthan Renewable Energy Corporation Limited (RRECL) to set up 37 MW of rooftop solar photovoltaic (PV) power projects on government buildings in Baran and Pali districts. The contract, awarded on December 7, 2024, includes 11 MW in Baran and 26 MW in Pali. The scope of the project includes…
Author: Power Peak Digest Team Pub Date: January 6, 2025 The European Bank for Reconstruction and Development (EBRD) is providing a USD 66.4 million sovereign loan to Uzbekistan’s JSC National Electric Grid of Uzbekistan (NEGU) for a 500 kV, 230 km transmission line connecting Sarimay in Khoresm to Muruntau in Navoi. The project will ease grid bottlenecks, reduce electricity outages during peak demand, and support the integration of renewable energy sources. It aligns with Uzbekistan’s…