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Home2024September

Month: September 2024

Knowledge Bank

Report on High Frequency Operation in Indian Power System

September 17, 2024

Persistent high frequency was observed in the India grid on 4th, 11th and 25th August 2024, with frequency remaining above 50.05 Hz for around 26 per cent, 33 per cent and 38 per cent of […]

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Central Sector

Government issues guidelines for the implementation of VGF for offshore wind projects

September 17, 2024

The central government has released guidelines for the implementation of the viability gap funding (VGF) scheme for offshore wind energy projects with a budget of Rs 74.53 billion. The scheme allocates Rs 68.53 billion for […]

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Central Sector

NTPC signs MoU with Petronet LNG for LNG and RLNG Supply

September 17, 2024

NTPC Limited has signed an memorandum of understanding (MoU) with Petronet LNG Limited to explore new business opportunities. The agreement includes the potential supply of liquefied natural gas (LNG)/regasified liquefied natural gas (RLNG) to NTPC’s […]

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Private Sector

JSW Renew Energy Two commissions 300 MW wind power project under SECI-X

September 17, 2024

JSW Renew Energy Two Limited, a step down subsidiary of JSW Energy Limited, has commissioned a 300 MW wind power project. The project, awarded by the Solar Energy Corporation of India Limited (SECI) under tranche […]

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State Sector

KSEBL and SECI ink deal for 500 MW solar power contract

September 17, 2024

Reportedly, Kerala State Electricity Board Limited (KSEB) has signed an agreement with the Solar Energy Corporation of India Limited (SECI) to expand solar energy in Kerala. The agreement aims to lower power purchase costs by […]

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Private Sector

Apraava Energy signs PPA with NTPC for 300 MW solar project

September 17, 2024

Apraava Energy has signed a power purchase agreement (PPA) with NTPC Limited for a 300 MW solar energy project connected to the inter-state transmission system. The project will be located in Rajasthan and is scheduled […]

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International News

Vanda RE to supply 300 MW of solar power to Singapore

September 17, 2024

Vanda RE Private Limited, a joint venture led by GurÄ«n Energy, has secured a conditional license from the Energy Market Authority ) to supply 300 MW of solar power to Singapore. This energy will be […]

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Central Sector

Powergrid secures bid for ISTS project on BOOT basis

September 16, 2024

Power Grid Corporation of India Limited (Powergrid) has emerged as the successful bidder under tariff based competitive bidding for establishing an inter-state transmission system (ISTS) for the augmentation of transformation capacity at Jam Khambhaliya PS […]

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Central Sector

SBI sanctions Rs 100.5 billion for 1,600 MW ultra super critical power project in Jharkhand

September 16, 2024

The State Bank of India (SBI) has sanctioned a loan of Rs 100.5 billion to Damodar Valley Corporation (DVC) for the development of an ultra-supercritical thermal power project in Koderma, Jharkhand. The 1,600 MW project, […]

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Private Sector

Adani Power completes acquisition of Lanco Amarkantak Power for Pathadi TPP Phase II in Chhattisgarh

September 16, 2024

Adani Power Limited (APL) completed acquisition of the Lanco Amarkantak Power Limited (LAPL) for the Pathadi thermal power project (TPP) phase II. This acquisition includes LAPL’s existing 2×300 MW (600 MW) operational TPP in Korba […]

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Private Sector

HPL Electric secures LoA worth Rs 1.44 billion for supply of smart and conventional meters

September 16, 2024

HPL Electric & Power Limited has received letter of award (LoA) of Rs 1.44 billion for the supply of smart meters and  conventional meters. The order  will be executed as per the terms and  conditions […]

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Central Sector

THDC commences draft tube installation for Vishnugad Pipalkoti HEP in Uttarakhand

September 16, 2024

THDC India Limited has commenced the installation of the draft tube in Unit 1 of the Vishnugad Pipalkoti hydro electric project (HEP). The draft tube is crucial for channeling water that has passed through the […]

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Private Sector

Lupin acquires 42.61 per cent stake in Sunsure solarpark with an equity investment of Rs 105.53 million

September 16, 2024

Lupin Limited has signed a share subscription and shareholders agreement with Sunsure Solarpark Seventeen Private Limited and Sunsure Energy Private Limited to invest in Sunsure Solarpark, acquiring up to 42.61 per cent of its shares […]

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Private Sector

Saatvik solar delivers 70.2 MW high-efficiency modules for SJVN’s Punjab power project

September 16, 2024

Saatvik solar has delivered 70.2 MW of high-efficiency solar modules for SJVN Limited’s power project in Punjab. Saatvik solar provided the Mono PERC 545Wp modules which played a key role in ensuring the timely completion […]

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Private Sector

Purvah Green Power incorporates wholly owned subsidiary for renewable power projects

September 16, 2024

Purvah Green Power Private Limited, a subsidiary of the CESC Limited, has incorporated a wholly owned subsidiary named Redgaint Renewable Power Energy Private Limited (RRPEPL). With a subscribed and paid up capital of Rs 100,000, […]

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International News

South Africa secures BRICS support for energy transition and grid expansion

September 16, 2024

South Africa has been making significant strides in dealing with its energy crisis through partnerships with other BRICS (Brazil, Russia, India, China, and South Africa) nations, to improve its power infrastructure. The New Development Bank […]

Videos

23rd edition of IT & OT in Power | September 10 – 11, 2024 | The Leela Ambience, Gurugram

September 13, 2024

Highlights from our 23rd annual conference on IT & OT in Power! We thank our speakers, delegates, and sponsors for showcasing key trends in IT-OT integration across power sectors, sharing utility best practices in digital […]

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Central Sector

Cabinet approves MoP’s proposal for modification of scheme of budgetary support for HEPs

September 13, 2024

The Union Cabinet has approved the proposal of the Ministry of Power (MoP) for modification of the scheme of budgetary support for the cost of enabling infrastructure for hydro electric projects (HEPs) with a total […]

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Private Sector

RESCO raises Rs 3.50 billion through equity issuance

September 13, 2024

Resco Global Wind Services Private Limited (RESCO), a subsidiary of Inox Wind Limited, has raised Rs 3.50 billion by issuing equity shares o n a preferential basis through private placement to non-promoter investors. This follows […]

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Private Sector

GE T&D India secures contracts worth 155 million Euros from GRID Solutions Middle East and Grid solutions SAS

September 13, 2024

GE T&D India Limited has secured contracts worth 55 million Euros from GRID Solutions Middle East FZE, Dubai and contracts worth 100 million Euros from Grid Solutions SAS. These contracts are for the supply and […]

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