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Home2024January

Month: January 2024

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International News

Mulilo-EDF chosen as preferred bidder for 257 MW BESS in South Africa

January 12, 2024

A consortium comprising South African independent power producer, Mulilo Energy Holdings – a majority owned by Copenhagen Infrastructure Partners, and EDF Renewables – a local unit of French EDF, has been chosen as the preferred […]

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Private Sector

Juniper Green and Gujarat Government signs MoU for 1 GW wind and solar initiatives.

January 12, 2024

Juniper Green Energy and the Gujarat government have signed an memorandum of understaning (MoU) to set up 1,000 MW of wind and solar projects within the state, involving a significant investment of Rs 80 billion. […]

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Private Sector

Hartek Group achieves 7 GW solar grid connectivity with 40 per cent growth in second half of 2023

January 12, 2024

Hartek Power Private Limited has cumulatively crossed 7 GW of solar grid connectivity as on date through its power system, transmission and distribution and renewable energy expertise. The 7 GW achievement strengthens Hartek’s positioning as […]

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State Sector

Meghalaya government inks MoU with OTPC for hydro power projects

January 12, 2024

Meghalaya Power Department and ONGC Tripura Power Company Limited (OTPC) have signed a memorandum of understanding (MoU) to harness the state’s hydro power potential. This milestone signifies a significant step towards a greener and sustainable […]

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Central Sector

SECI declares winners of its 2,000 MW wind-solar hybrid auction

January 12, 2024

Results for Solar Energy Corporation of India Limited’s (SECI) auction to develop 2,000 MW inter-state transmission system connected wind-solar hybrid power projects, tranche VII, have been announced. The tender for the project was issued in […]

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Private Sector

USD25 billion investment for Gujarat’s green energy

January 12, 2024

Adani Group has announced a substantial investment of over USD25 billion in Gujarat over the next five years. The investment, revealed during the 10th edition of the Vibrant Gujarat Global Summit in Gandhinagar, underscores a […]

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International News

ENV unit to undertake 34 transmission projects in Vietnam

January 11, 2024

The National Power Transmission Corporation (EVNNPT), a subsidiary of Vietnam Electricity (EVN), plans to commence work on 34 electricity transmission projects and complete 63 others in 2024. The focus will be on enhancing the capacity […]

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Private Sector

Envision Energy to supply turbines for onshore wind project in Karnataka

January 11, 2024

Envision Energy will supply approximately 100 turbines, each with a capacity of 3.3 MW, for a 300-MW onshore wind project in Karnataka. The project will be set up by investment fund Copenhagen Infrastructure Partners (CIP) […]

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Private Sector

Premier Energies secures Rs 17 billion solar module contract from NTPC

January 11, 2024

Premier Energies Photovoltaic Private Limited signed a contract agreement worth Rs 17 billion with NTPC Limited for supply of 608 MW domestic content requirement (DCR) compliant bi-facial solar photovoltaic modules under the 735 MW Nokh […]

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Reforms and Regulations

MNRE introduces revised CFA benchmarks for second phase of rooftop solar initiative

January 11, 2024

The Ministry of New and Renewable Energy (MNRE) has sanctioned updated benchmarks for central financial assistance (CFA) in Phase-II of the rooftop solar programme. The modifications, as specified in the official memorandum, have been mandated […]

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Private Sector

Sunsure Energy to invest Rs 31.50 billion in Tamil Nadu over the next three years

January 11, 2024

Sunsure Energy Limited has announced an investment of Rs 31.50 billion  towards renewable energy initiatives in Tamil Nadu over the next three years. Under a memorandum of understanding with the state government, the company is […]

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Private Sector

Airtel Business partners with Adani Energy for 20 million smart meters

January 11, 2024

Airtel Business, – the B2B arm of Bharti Airtel Limited, has announced a collaboration with Adani Energy Solutions Limited (AESL) to deploy connectivity for over 20 million smart meters. Leveraging Airtel’s extensive nationwide communications network, […]

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International News

RATCH Group plans for solar and offshore wind projects in Philippines

January 10, 2024

Thailand-based RATCH Group Public Company Limited has commenced works to develop Negros solar project in 2024 and is planning to develop its offshore wind projects in Camarines Sur and Quezon province in 2025 in the […]

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Central Sector

Government launches Lakshadweep’s first on-grid solar project with battery storage

January 10, 2024

The Prime Minister of India has inaugurated Lakshadweep’s first on-grid solar project with a battery energy storage system. Developed by the Solar Energy Corporation of India Limited, the project spans the islands of Kavaratti and […]

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Private Sector

ReNew inks deal to sell 300 MW solar project with a valuation of USD199 million

January 10, 2024

ReNew has signed a share purchase agreement with India Grid Trust to sell a 300 MW solar project in Rajasthan, ReNew Solar Urja Private Limited (RSUPL), for a total enterprise value of USD199 million. The transaction is expected to close in […]

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Central Sector

SGEL signs power usage agreement with UPCL for 200 MW solar power

January 10, 2024

SJVN Green Energy Limited (SGEL) has signed a power usage agreement with Uttarakhand Power Corporation Limited (UPCL) for 200 MW solar power capacity to be supplied to UPCL from the under construction 1,000 MW Bikaner […]

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Reforms and Regulations

CERC notifies draft CERC (Terms and Conditions of Tariff) Regulations, 2024

January 10, 2024

The Central Electricity Regulatory Commission (CERC) has notified draft CERC (Terms and Conditions of Tariff) Regulations, 2024. As per the draft, the tariffs for generating stations and emission control systems, if applicable, can be determined […]

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International News

ACEN and Barito acquire three wind projects in Indonesia

January 9, 2024

ACEN Investments HK Limited (ACEN HK), a subsidiary of ACEN Corporation and Barito Renewables have acquired three late-stage wind development projects with a combined capacity of 320 MW in Indonesia. These projects are located in […]

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Central Sector

Ministry of Coal targets to produce 186.63 mt from commercial/captive mines in 2024-25

January 9, 2024

The Ministry of Coal is setting ambitious targets for the production of 186.63 million tonne (mt) of coal exclusively from captive/commercial coal mines in the fiscal year 2024-25. The production goal is expected to escalate […]

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Private Sector

First Solar signs PPA with Cleantech Solar for wind and solar production plant

January 9, 2024

Cleantech Solar has entered into a captive power purchase agreement (PPA) with First Solar for a period of 15 years. As per the contract, First Solar’s recently established 3.3 GW vertically integrated solar manufacturing facility, […]

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