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Home2024December

Month: December 2024

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Private Sector

AGEL incorporates  subsidiary to expand renewable energy projects

December 31, 2024

Adani Green Energy Limited (AGEL) has incorporated a wholly owned subsidiary named Adani Green Energy Sixty Eight Limited (AGE68L), to expand its presence in the renewable energy sector. The subsidiary was incorporated under Adani Renewable […]

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Private Sector

JSW Neo Energy acquires O2 Power’s 4.7 GW renewable energy platform

December 31, 2024

JSW Neo Energy Limited, a wholly owned subsidiary of JSW Energy, has acquired O2 Power Midco Holdings Limited and O2 Energy SG Pte Limited from O2 Power Pooling Pte Limited for Rs 124.68 billion. This […]

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Private Sector

Power Mech Projects secures Rs 1.86 billion order from JPVL

December 31, 2024

Power Mech Projects Limited has secured an order worth Rs 1.86 billion from Jaiprakash Power Ventures Limited (JPVL). The contract involves providing field operation and maintenance services for the 2×660 MW Jaypee Nigrie super thermal […]

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Private Sector

Jakson Group and OMC Power partner for 50 MW solar rooftop project in Uttar Pradesh

December 31, 2024

Jakson Group and OMC Power have entered into a collaboration to implement a 50 MW solar rooftop project. The project is valued at approximately Rs 2 billion and is expected to offset 62,500 tonnes of […]

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International News

J&V Energy and ESPRO sign MoU to advance solar power in Thailand

December 31, 2024

J&V Energy has signed a memorandum of understanding (MoU) with ESPRO to establish a joint holding company focused on solar energy development and management in Thailand. This partnership aims to boost renewable energy adoption and […]

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Central Sector

NTPC commissions first part of 37.50 MW out of 200 MW Gujarat solar PV project

December 30, 2024

NTPC Limited has commissioned and commenced the first part of its 200 MW Gujarat solar photovoltaic (PV) project in Sadla, Gujarat. This first phase, with a capacity of 37.50 MW, has been developed by NTPC […]

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Projects & Ventures

Gensol Engineering secures Rs 8.97 billion contract for 225 MW solar project

December 30, 2024

Gensol Engineering Limited has secured a contract valued at  Rs 8.97 billion from NTPC Renewable Energy Limited for the development of a 225 MW grid-connected solar project. The project will be executed on an engineering, procurement, and […]

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Private Sector

HFE commissions 29 MWp open-access solar project in Karnataka

December 30, 2024

Hero Future Energies (HFE) has commissioned a 29 MWp open-access solar project in Chitradurga, Karnataka. The project, developed to meet the power requirements of the commercial and industrial sector, will generate approximately 33 million units […]

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State Sector

PEDA awards 264 MW solar projects under PM-KUSUM

December 30, 2024

The Punjab Energy Development Agency (PEDA) has awarded VP Solar Generation the development of  66 solar power projects, each with a capacity of 4 MW, aggregating to 264 MW. These projects are part of the […]

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International News

Envision Energy secures BESS contract in South Africa

December 30, 2024

Envision Energy has been awarded a major contract by a consortium led by France’s EDF to supply battery energy storage system (BESS) for the Oasis 1 project in South Africa. The initiative includes three energy […]

Ezine Archive

December Issue 2024

December 28, 2024

 

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Company Release

DVC hosts AI workshop in collaboration with EY

December 27, 2024

Damodar Valley Corporation (DVC) conducted “Aarohan: AI Foundation Course,” an AI workshop held in collaboration with Ernst & Young LLP (EY) as the knowledge partner. The event brought together experts and professionals to explore the […]

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Company Release

Yokogawa releases OpreX Subsea Power Cable Monitoring for offshore wind farms

December 27, 2024

Yokogawa Electric Corporation has announced the release of OpreXTM Subsea Power Cable Monitoring, a system for monitoring cables used in the transmission of electricity generated at offshore wind power facilities. By constantly monitoring temperature increases […]

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International News

SUN Energy and SMBC Indonesia to accelerate energy transition

December 27, 2024

SUN Energy has partnered with PT Bank SMBC Indonesia to secure a USD10 million Multi Option Trade Facility in Indonesia. This collaboration aims to support the procurement of raw materials and the expansion of solar […]

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Private Sector

Shree Cement to invest Rs 8 billion in Bihar cement plant

December 27, 2024

Reportedly, Shree Cement is set to invest Rs 8 billion to establish a cement plant in North-East Bihar with an annual production capacity of 2 million tonnes. The company has signed a memorandum of understanding […]

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Private Sector

Adani Group to invest Rs 280 billion in Bihar projects

December 27, 2024

Reportedly, Adani Group has planned to invest Rs 280 billion in Bihar across various sectors, including energy, logistics, cement, and infrastructure. The company will allocate Rs 200 billion to establish an ultra-supercritical thermal power plant […]

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Private Sector

Waaree Energies to establish 300 MW electrolyser and 3.5 GWh lithium-ion manufacturing plants

December 27, 2024

Reportedly, Waaree Energies Limited has planned to set up a 300 MW electrolyser manufacturing facility and a 3.5 GWh lithium-ion advanced chemistry storage cell production plant. The electrolyser manufacturing project will be implemented under Waaree […]

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Central Sector

NTPC to set up nuclear power project in Bihar

December 27, 2024

Reportedly, NTPC Limited is set to establish a nuclear power project in Bihar. NTPC has sought land from the state government and will conduct a feasibility study for the project. In addition to its nuclear […]

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Private Sector

UltraTech Cement signs ESA source renewable energy from CleanMax SPV

December 27, 2024

UltraTech Cement Limited has signed an energy source agreement (ESA) with CleanMax’s special-purpose vehicle (SPV), Clean Max Sapphire to source renewable energy in a captive arrangement. The company has also signed a share subscription, and […]

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Central Sector

SECI announces winners for Tranche XVIII solar projects

December 27, 2024

Solar Energy Corporation of India Limited (SECI) has declared the results of its Tranche XVIII auction for 1 GW of interstate transmission system (ISTS)-connected solar power projects. Three companies were awarded a total of 600 […]

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