Short Stories: 2025/2024

 

Here is an ongoing summary of short news stories of 2025 and 2024. These stories have not been covered elsewhere on this portal. 

 

Kalpataru Projects International Ltd (KPIL) has reported the winning of new orders valued at Rs.1,011 crore that include overseas mandates in the power T&D business. This has taken KPIL’s cumulative order inflows in FY25 so far (up to December 31, 2024) to over Rs.17,300 crore, KPIL said in a release. (January 1, 2025)

 

Indo Tech Transformers Ltd, a subsidiary of Shirdi Sai Electricals Ltd, has received a domestic order from an undisclosed entity for the supply of three 192-MVA transformers, with a total order value of Rs.32.32 crore. While two of these transformers are to be supplied by November 2025, the third is scheduled for December 2025, Indo Tech said in a regulatory filing. (December 31, 2024)

 

KEC International Ltd reported the winning of orders worth Rs.1,073 crore, across is various business divisions – power T&D, transportation, civil and cables. These orders have taken the company’s cumulative order inflows in FY25 so far to over Rs.18,400 crore. The power T&D mandates included those from the Middle East and SAARC region. (December 30, 2024)

 

Jakson Group has won a Rs.200-crore contract from Uttar Pradesh-OMC Power, for solar rooftop deployment. According to a release, Jakson Group will be the key partner in implementing solar rooftop systems, totaling 50 MW, across all 75 districts of Uttar Pradesh. This is among the single-largest solar rooftop orders in the C&I segment across India till date, the release noted. (December 30, 2024)

 

Servotech Renewable Power System Ltd has secured an order of around 1,100 grid-connected agriculture pumps under “KUSUM Component C-1 Scheme” from Uttar Pradesh New & Renewable Energy Development Authority (UPNEDA). The project valued at around Rs.31 crore will involve manufacturing, supplying, installation, testing & commissioning and comprehensive warranty maintenance for the next 5 years for pumps ranging from 2 HP, 3 HP and 5 HP with solar power plants with capacities of 3kW, 4.5kW and 7.5kW, across Uttar Pradesh. (December 30, 2024)

 

NTPC Ltd and USA-based Clean Core Thorium Energy (CCTE) have announced a strategic partnership to explore the development & deployment of “ANEEL™️” (Advanced Nuclear Energy for Enriched Life), a Thorium based fuel for Pressurised Heavy Water Reactors (PHWRs), subject to approval from the respective Governments. CCTE is a leading developer of thorium-based nuclear fuel technologies, committed to pioneering the research of advanced nuclear fuel cycles. CCTE’s flagship ANEEL™️ fuel combines thorium with small amounts of enriched uranium, an official release said. (December 30, 2024)

 

NTPC Green Energy Ltd (NGEL) announced that on the basis of certificate dated December 26 2024, issued by Gujarat Energy Development Agency, first part capacity of 37.5 MW out of 200 MW Gujarat Solar PV Project in Sadla, Gujarat awarded under GUVNL/500 MW/Solar (Phase XI) tender, of NTPC Renewable Energy Ltd (a wholly-owned subsidiary of NGEL) is declared on commercial operation effective December 21, 2024. (December 27, 2024)

 

Gensol Engineering Ltd has landed a Rs.897.47-crore order from NTPC Renewable Energy Ltd for development of 225 MW (ac) grid-connected solar PV projects at GSECL Solar Park (Stage-III) at Khavda in Gujarat. The order also includes a three-year O&M mandate. (December 27, 2024)

 

Power Mech Projects Ltd has reported the winning of a contract from Jaiprakash Power Ventures Ltd to provide field O&M services for the 2×660-MW Nigrie super thermal power project located at Nigrie in Madhya Pradesh. Valued at Rs.186 crore (excluding GST), the duration of the contract for a period of five years starting from January 1, 2025. (December 27, 2024)

 

Sharika Enterprises Ltd has received orders from JSW Group entities for laying of underground cables in Karnataka and Maharashtra. The orders are together valued at Rs.8.29 crore and are scheduled to commission in 3-4 months from date of advance payment, Sharika said in a stock exchange filing. (December 26, 2024)

 

Solidus Techno Power Pvt Ltd has received an EPC order in Rajasthan from a leading industrial player for building a 29-MWp solar power project in Bikaner. In a release, Solidus said that the solar power plant will generate approximately 47 million kwh of clean energy annually, and help avoid over 42,300 tonnes of CO2 emissions annually. Solidus will deliver the project as a complete EPC, managing all aspects of the project from design to execution.  (December 26, 2024)

 

New Delhi-based Valiant Communications Ltd has received a letter of intent (LoI) from Transmission Corporation of Andhra Pradesh Ltd for supply and commissioning of communication and protection solutions. The order, valued at Rs.8.12 crore, is scheduled for commissioning by July 31, 2025, Valiant said in a stock exchange filing. (December 23, 2024)

 

Jyoti Ltd has announced the winning of a Rs.32.89-crore order (inclusive of GST) from Gujarat Energy Transmission Corporation Ltd (GETCO). The order entails supply of 420 numbers of 11kV VCB (vacuum circuit breaker) panels, to be delivered by May 3, 2025. These panels will come with a product guarantee of 60 months from the date of commissioning or 66 months from the date of supply, whichever is earlier, Jyoti said in a stock exchange communication. (December 20, 2024)

 

Tata Power Renewable Energy Ltd (TPREL), a subsidiary of Tata Power, has joined hands with Canara Bank to promote the adoption of rooftop solar systems under the PM Surya Ghar Scheme. sustainable energy future. As part of the initiative, households can benefit from tailored financing options under the PM Surya Ghar Scheme, designed to make rooftop solar installations more accessible and affordable, a release from Tata Power said. (December 20, 2024)

 

Adani Energy Solutions Ltd (AESL) announced the incorporation of a wholly-owned subsidiary “Adani Energy Solutions Step-Ten Ltd,” on December 18, 2024. The new subsidiary has been incorporated as a transmission service provider for transmission, distribution and supply of power and other infrastructure services relating thereto, AESL said in a stock exchange communication. (December 19, 2024)

 

ACME Solar Holdings Ltd (ASHL) announced that its four subsidiaries have together commissioned an aggregate solar power generation capacity of 1023.05 MW in Jaisalmer district of Rajasthan. With this, ASHL’s total operational renewable generation capacity has risen to 2363 MW. The 1023.05 MW of capacity represents part-commissioning of the 1200 MW that the four subsidiaries are collectively setting up. (December 19, 2024)

 

NTPC Green Energy Ltd (NGEL) announced that the second part capacity of 30 MW out of the 150-MW Gujarat solar PV project at Mesanka in Gujarat was commissioned on December 11, 2024. The certificate to this effect was issued by Gujarat Energy Development Agency on December 18, 2024. The solar project is being set up by NTPC Renewable Energy Ltd, a wholly-owned subsidiary of NGEL. (December 19, 2024)

 

The board of directors of Power Grid Corporation of India Ltd (PGCIL), in its meeting on December 18, 2024, approved the raising of up to Rs.4,250 crore (base issue: Rs.3,000 crore, greenshoe option: Rs.1,250 crore) through the issuance of bonds on private placement basis. The bonds will be issued as unsecured, non-convertible, non-cumulative, redeemable, taxable POWERGRID Bonds [LXXX (80^th) Issue], PGCIL said in a stock exchange filing. (December 18, 2024)

 

Inox Wind Ltd announced that it has bagged a 60-MW order from Serentica Renewables for for the supply of 3-MW class turbines to be delivered within H1CY25. Additionally, IWL will provide multi-year post commissioning O&M services for these WTGs, which will be erected at the hybrid renewable energy project site being developed by Serentica in Karnataka. (December 18, 2024)

 

Gensol Engineering Ltd announced that it has won a turnkey order from a leading steel producer in Punjab for putting up a 22-MW ground-mounted solar power plant. The contract of value Rs.88 crore is to be executed in six months, Gensol said, adding that the project will see deployment of high-efficiency bifacial solar modules. (December 18, 2024)

 

Indian Metals & Ferro Alloys Ltd (IMFA) has announced a joint venture with JSW Green Energy to source renewable energy for its smelting operations. IMFA has signed a binding term sheet with JSW Green Energy One Ltd and JSW Green Energy Seven Ltd, and will invest Rs.83.26 crore in a hybrid project combining 50 MW AC solar and 100 MW wind for a total contracted capacity of 70 MW. IMFA will subsequently sign a 25-year PPA as a captive consumer.  (December 17, 2024)

 

RMC Switchgears Ltd has received an order valued at Rs.90 crore from a system integrator for supply, testing and commissioning of 5,000 solar pumps in Maharashtra. The order, covering pumps of rating 3HP, 5HP and 7HP, is scheduled for completion in FY26. Maharashtra has planned to install 1.5 million solar pumps towards greening of the agricultural sector. Of these, over 1 lakh solar pumps have been installed so far. (December 17, 2024)

 

Texmaco Rail & Engineering Ltd, in a stock exchange filing, said that it has received an order valued at Rs.187.41 crore from Chhattisgarh State Power Transmission Company Ltd. To be executed over a period of 15 months, the order entails construction of nine 132kV transmission lines with an aggregate running length of 291 km. (December 17, 2024)

 

The board of Kalpataru Projects International Ltd (KPIL), on December 16, 2024, approved the allotment of 83.26 lakh equity shares, each priced at Rs.1,199, aggregating nearly Rs.1,000 crore, to qualified institutional investors. (December 17, 2024) [Update: In a communication dated December 18, 2024, KPIL announced that the said transaction was completed.]

 

RMC Switchgears Ltd has planned to invest Rs.100 crore in putting up a solar module facility with a capacity of 1 GW per year, and a solar mounting structure facility with matching capacity. Both the plants are coming up at Jaipur in Rajasthan, in proximity to RMC’s existing manufacturing site. To be put up by RMC Green Energy Pvt Ltd, a subsidiary of RMC Swithgears Ltd, both the plants are expected to be commercially operations by July 2025. (December 16, 2024)

 

Waaree Energies Ltd has announced a strategic CSR initiative in partnership with IIT Bombay towards advanced research and development pursuits related to solar perovskite cells. The partnership will involve Waaree Energies and IIT Bombay jointly working on creation of an advanced Fabrication and Characterization setup for high-efficiency perovskite solar cells, which are known to represent a breakthrough in solar technology, renowned for their remarkable light absorption and efficiency potential. (December 13, 2024)

 

Siemens Ltd announced that Harish Shekar is appointed as the Chief Financial Officer of the company’s Energy Business effective January 1, 2025. Shekar has been with Siemens for over 27 years, holding several senior management positions in India and abroad. Siemens also said that Ms Sapna Rawat will assume charge as the Chief Financial Officer (CFO) of the company’s Digital Industries business effective February 1, 2025. She will take charge from Kairav Modi who would be taking up a new role with Siemens overseas. (December 12, 2024)

 

Tivolt Electric Vehicles Pvt Ltd (Trivolt) has signed an MoU with Tata Power Renewable Energy Ltd (TPREL) with a view to building a robust electric vehicle (EV) charging ecosystem by leveraging Tata Power’s expertise in diversified EV charging solutions with Tivolt’s rapidly growing network of small electric commercial vehicles, across the country. Trivolt is an EV venture of Murugappa Group and a subsidiary of TI Clean Mobility. TPREL, a subsidiary of Tata Power, is a a prominent EV charging solutions provider. (December 11, 2024)

 

GE Vernova T&D India Ltd, in a regulatory filing, said that it has received an order valued at Rs.400 crore from Sterlite Power for supply and supervision of 765kV power transformers and reactors. The order is to be executed over two years, and the equipment will be deployed at Khavda in Gujarat, the filing said. (December 10, 2024)

 

Reliance NU Energies Pvt Ltd, a subsidiary of Reliance Power, has announced the appointment of two key people in its       leadership — Mayank Bansal as Chief Executive Officer (CEO) and Rakesh Swaroop as Chief Operating Officer (COO). Reliance NU Energies is engaged in renewable energy solutions, from energy sources such as solar, wind, geothermal and firm and dispatchable renewable energy (FDRE) to energy storage such as pumped storage projects (PSP) and Battery Energy Storage System (BESS) (December 11, 2024)

 

Samsung C&T has signed an MoU with Switzerland’s Hitachi Energy to strengthen collaboration and explore opportunities in the high-voltage direct current sector. Hitachi Energy has been collaborating with Samsung C&T on a 3.5 trillion won ($2.4 billion) undersea HVDC project in the United Arab Emirates. The two companies are now looking to combine Samsung C&T’s EPC expertise with Hitachi Energy’s power system design and manufacturing capabilities, according to the company. Samsung C&T said the partnership will focus on securing opportunities in emerging HVDC markets. The global HVDC market is expected to reach around $110 billion by 2030. (December 9, 2024)

 

Waaree Energies Ltd announced the winning of an order for supply of 1 GW of solar modules from a renowned developer. The order, set for delivery in the calendar year 2025, includes the cutting-edge Topcon 580Wp Bifacial Glass modules. These high-efficiency solar modules are designed to maximize energy production, making them an ideal choice for large-scale solar projects, the company said in a release. (December 9, 2024)

 

Kalpataru Projects International Ltd (KPIL) announced that the company along with its overseas subsidiaries have secured new orders worth Rs.2,174 crore that has taken the cumulative FY25 order inflow to over Rs.16,300 crore. The new orders include power T&D orders in the domestic and international markets, and domestic mandates in KPIL’s buildings & factories (B&F) and metro rail business divisions. (December 6, 2024)

 

Serentica Renewables has announced a significant Rs.50,000-crore investment to develop 10,000 MW of renewable energy capacity in Rajasthan. This announcement coincides with Serentica’s participation in Rising Rajasthan 2024. Currently, the company has 3,000 MWp of renewable energy capacity under construction in the state, catering to the C&I sector. Additionally, more than 400 MWp is already operational in Rajasthan. (December 6, 2024)

 

Adani Energy Solutions Ltd (AESL), according to an unconfirmed media report, has emerged L1 in an 80-lakh smart metering mandate (first package) of Tamil Nadu Electricity Board (TNEB) under the Revamped Distribution Sector Scheme (RDSS). This would the first smart metering contract awarded in Tamil Nadu under RDSS. TNEB intends to tender around 3 crore smart meters in four packages. (December 6, 2024)

 

Advait Energy Transitions Ltd (AETL) has won an order for installing an optical ground wire (OPGW) of 24-fibre on the 400kV Kurukshetra-Malerkotla transmission line. The order, placed by NRSS XXXI (B) Transmission Ltd is scheduled for completion in seven months, AETL said in a regulatory filing, without specifying the order value. (December 6, 2024)

 

TKIL Industries Pvt Ltd (formerly thyssenkrupp Industries India Pvt Ltd) has forayed into the green hydrogen sector. The company has made an undisclosed strategic investment in Switzerland-based SoHHytec SA —a cutting-edge innovator and solutions provider in green hydrogen field using its proprietary artificial photosynthesis (photo-electrolysis) technology, to produce green hydrogen from renewable energy sources, including solar and wind, for industrial applications. Currently, SoHHytec holds the world record for the highest direct solar hydrogen production efficiency and is globally the most cost-efficient technology for producing green hydrogen, a release from TKIL said. (December 5, 2024)

 

Advait Energy Transitions Ltd (formerly Advait Infratech Ltd) has been declared as a qualified bidder by Gujarat Urja Vikas Nigam Ltd for setting up a 50 MW/100 MWh battery energy storage system (BESS) in Gujarat. This is part of GUVNL’s project of setting up 500 MW/1,000 MWh BESS under tariff-based competitive bidding (Phase-IV), with viability gap funding (VGF) support. The project has to be set up in 18 months. (December 3, 2024)

 

Madhya Pradesh Power Transmission Company Ltd (MPPTCL), in November 2024, energized a total of nine power transformers, including two additional ones, adding a net transformation capacity of 395 MVA. This took MPPTCL’s total transformation capacity to 80,634 MVA, as of November 30, 2024. (December 2, 2024)

 

H.G. Infra Engineering Ltd has been declared successful bidder by Gujarat Urja Vikas Nigam Ltd for 250 MW/500 MWh out of the project of setting up 500 MW/1,000 MWh standalone battery energy storage system (BESS) in Gujarat under tariff-based global competitive bidding (Phase-IV), with viability gap funding (VGF) support. The BESS is expected to be commissioned in 18 months. (December 2, 2024)

 

Sterling and Wilson Renewable Energy Ltd (SWREL) has received a new domestic order from an independent power products for for supply, installation and commissioning of a 305 MW(AC)/396 MWp (DC) solar photovoltaic plant in Rajasthan. The total value of works including taxes is approximately Rs.504 crore, SWREL said in a release. (December 2, 2024)

 

Power Mech Projects Ltd has been awarded a contract worth Rs.510 crore (excluding taxes) by Adani Power Ltd for mechanical works related to the 2×800-MW Raipur (Phase-II) ultra supercritical power project coming up at Rakikheda village in Raipur district of Chhattisgarh. The contract is scheduled to complete in 34 months, the awardee said in a stock exchange communication. (November 29, 2024)

 

Waaree Renewable Technologies Ltd has received an EPC order valued at Rs.1,233 crore (excluding taxes) for building a ground-mounted solar PV power plant of capacity 2012.47 MWp (DC) from an undisclosed domestic entity. The order will be completed in a time period to be mutually decided, the company said in a stock exchange filing. (November 29, 2024)

 

NTPC Renewable Energy Ltd, a step-down subsidiary of NTPC Ltd, has commissioned the first part of 55 MW of the 105-MW Shajapur Solar Project (Unit-1) in Shajapur Solar Park in Madhya Pradesh. With this, the total commercial capacity of NTPC Group has reached 76530.68 MW. (November 28, 2024)

 

Ashoka Buildcon Ltd has received an order from state discom Madhya Pradesh Poorv Kshetra Vidyut Vitaran Company Ltd for EPC works related to 11kV distribution infrastructure. The works entail supply, installation, testing and commissioning of new 11kV lines, LT line on AB (aerial bunched) cable, distribution transformer substation and supporting works. The order, valued at Rs.192.69 crore (exclusive of GST), is scheduled for completion in 24 months. (November 27, 2024)

 

NTPC, in a release, said that an MoU was signed between NTPC Green Energy Ltd, a wholly-owned subsidiary of NTPC Ltd and Chhattisgarh State Power Generation Company Ltd, on November 26, 2024 at Raipur in Chhattisgarh. The MoU provides for development of renewable energy projects, including floating solar, with aggregate capacity up to 2,000 MW.  (November 27, 2024)

 

Premier Energies Ltd has announced the winning of orders worth Rs.1,087 crore, collectively from three unnamed domestic entities. These orders involve supply of solar modules worth Rs.964 crore and solar cells valued at Rs.123 crore. Supplies of solar cells and modules will commence from January 2025, Premier Energies said in a stock exchange filing, adding that these orders have been placed on the company’s subsidiaries – Premier Energies Global Environment Pvt Ltd, Premier Energies International Pvt Ltd and Premier Energies Photovoltaic Pvt Ltd. (November 26, 2024)

 

Waaree Energies Ltd, in a stock exchange communication, said that it has received a domestic order for supply of 600 MWp worth of solar modules, supplies of which would begin in FY26. The order was placed by an undisclosed renewable energy player. (November 26, 2024)

 

KEC International Ltd has reported the winning of new orders worth Rs.1,114 crore across its various businesses – power T&D, civil, railways and cables. In the power T&D vertical, orders included a 400kV transmission line mandate in Oman and supply of power transmission hardware to the Americas. These orders have taken KEC’s cumulative order inflow in FY25 (up to November 25,2024) to around Rs.14,600 crore. (November 25, 2024)

 

Hind Rectifiers Ltd, on November 21, 2024, incorporated a wholly-owned subsidiary “Hirect FZ-LLC” in the Ras Al Khaimah Economic Zone (RAKEZ), UAE. The new company will deal in trading activities related to power generation, transmission & distribution equipment, heavy equipment & machinery spare parts, industrial plant equipment and spare parts, etc, Hind Rectifiers said in a stock exchange communication. (November 22, 2024)

 

Bid process coordinator PFC Consulting Ltd (PFCCL), on November 21, 2024, incorporated a wholly-owned subsidiary “Bhuj ICT Transmission Ltd” that will act as a project special purpose vehicle to develop an ISTS scheme known as “Provision of ICT Augmentation & Bus Reactor at Bhuj-II PS” in Gujarat. This SPV will be transferred to the successful developer whose selection will be done using the tariff-based competitive bidding (TBCB) mechanism. (November 22, 2024)

 

Tata Power, in a release, said that it hosted the first-ever state-level Urja Mela in Bhubaneswar, Odisha, bringing together over 470 students from across Odisha. Serving as a precursor to Tata Power’s national Urja Mela annually conducted during National Energy Conservation Week, this event was part of the company’s Club Enerji initiative, which promotes sustainability through hands-on activities, experiential learning, and inclusive participation. (November 19, 2024)

 

Adani Infra (India) Ltd, an entity of the Adani Group, has signed definitive agreements to acquire up to 30.07 per cent stake from PSP Project Ltd’s existing promoter Prahladbhai S. Patel. Presently, Prahladbhai S Patel and Family own 60.14 per cent stake in the company. PSP Projects Ltd, listed on NSE and BSE, currently has an order book of Rs.6,546 crore, the company said in a regulatory filing. (November 19, 2024)

 

Tata Power has entered into a strategic partnership with Druk Green Power Corporation Ltd (DGPC), a subsidiary of Druk Holding and Investments Ltd, the sole generation utility of Bhutan, to collaborate and develop at least 5,000 MW of clean energy generation capacity in Bhutan. This is in keeping with Bhutan’s vision for its energy sector which is to take its overall generation capacity to 25,000 MW by 2040 for its energy security and regional energy integration, a release from Tata Power said. (November 19, 2024)

 

REC Ltd has been honored with the Adam Smith Awards ASIA 2024 in the “Best Funding Solution” category. The award was presented at a ceremony held in Singapore by Ms. Sophie Jackson, Joint Publisher at Treasury Today Group.  Hemant Kumar, Chief Compliance Officer, and. Koshal Puri, Sr. General Manager (Finance) received the award on behalf of REC.  The Adam Smith Awards ASIA is regarded as a benchmark in Corporate Treasury and acknowledges organizations that exemplify innovation, efficiency, and strategic expertise in financial management. (November 15, 2024)

 

Tata Power Renewable Energy Ltd (TPREL) has announced the successful commissioning of the 126-MW Omkareshwar floating solar project in Madhya Pradesh. The EPC contract worth Rs.596 crore was awarded by NHDC Ltd to TPREL. Located in the Khandwa district of Madhya Pradesh, the Omkareshwar Floating Solar Project supplies sustainable power to Madhya Pradesh Power Transmission Company Ltd (MPPTCL). Positioned between the Indirasagar and Omkareshwar hydroelectric reservoirs, this project features 213,460 bifacial glass-to-glass modules, generating 204,580 MWh of energy annually while offsetting 173,893 tonnes of CO₂ emissions each year. (November 14, 2024)

 

Power Grid Corporation of India Ltd (PGCIL) announced that Vamsi Ramamohan Burra assumed the charge of Director (Projects) of PGCIL on November 13, 2024. His appointment will be for a period of five years with effect from the date of assumption of charge of the post by Shri Vamsi or until further orders, whichever is earlier. Prior to this appointment, Burra was serving as OSD (Projects) in PGCIL. (November 13, 2024)

 

Kalpataru Projects International Ltd (KPIL), along with its JVs and international subsidiaries, has secured new orders/notification of awards of Rs.2,273 crore. These orders include, among others, power T&D orders in the domestic and international markets. These mandates have taken KPIL’s cumulative order inflow in FY25 so far to Rs.14,100 crore of which 56 per cent relates to the power T&D business. (November 13, 2024)

 

Bid process coordinator PFC Consulting Ltd, on November 12, 2024, incorporated a wholly-owned subsidiary “Wahipora and Sallar Transmission Ltd” that will act as a project SPV for an intrastate transmission system (InSTS) scheme in the UT of Jammu & Kashmir. The scheme that will be awarded under the TBCB mechanism involves construction of grid substations at Wahipora and Sallar, both in Kashmir, and allied transmission systems. (November 12, 2024)

 

Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL), on November 11, 2024, handed over two project specific SPVs — “Bikaner A Power Transmission Ltd” and “Bikaner B Power Transmission Ltd” — to Power Grid Corporation of India Ltd, the winning bidder under the TBCB modality.  The transmission schemes are planned for evacuation of 6 GW RE power from Bikaner Complex of Rajasthan Renewable Energy Zone Phase-IV. ‘Part A’ of the scheme covers 765/400kV, 6×1500 MVA and 400/220kV, 6×500 MVA Bikaner-IV pooling station near Bikaner, 236 km of 765kV line and 260 km of 400kV line along with associated works. ‘Part B’ of the scheme covers 765/400kV, 6×1500 MVA substation at Siwani, 237 km of 765kV line and 382 km of 400kV line along with associated works. (November 11, 2024)

 

LAPP India has appointed Sumit Mitra as Managing Director, effective November 1, 2024. Based in Bangalore, Sumit will report to CEO of LAPP Asia Pacific. In his new role, Sumit will focus on transforming LAPP India into a leading player in cable and connectivity solutions, with a commitment to tackling complex customer challenges across diverse industries. He aims to strengthen the company’s operational base, scale product offerings, and bring industry-first technologies to India’s growing market, a release from LAPP India said. (November 11, 2024)

 

Saatvik Solar has signed a contract with GH2 Solar to supply 200 MW of high-efficiency ‘Mono Perc Bifacial Half Cut’ solar PV modules, rated at 540/550Wp, for use across various solar projects in India. This collaboration, set to commence in January 2025, will span a 12-month period in which Saatvik will ensure the timely and consistent delivery of these advanced modules to meet GH2 Solar’s project requirements, a release by Saatvik Solar said. (November 11, 2024)

 

Socomec has appointed Devender Singh Manhas as Head – Commercial Supply Chain for the Greater India market, effective immediately. Devender is an experienced operations management professional with a diverse background across all facets of supply chain management, from demand forecasting to deliveries with experience in diverse industries. With Devender’s appointment, Socomec reaffirms its commitment to investing in top talent and strengthening its expert position in the power management field, a Socomec announcement said. (November 11, 2024)

 

RMC Switchgears Ltd has signed an MoU with the Rajasthan government to put up a 1,000-MW ultra mega solar park with integrated battery storage system at Jaipur. The project will take 2-3 years to execute and will play a part in meeting RMC’s target of implementing 1 GW of greenfield projects, with a blend of EPC and IPP arrangements, a release from RMC said. (November 11, 2024)

 

Alpex Solar Ltd has secured a fresh order valued at Rs.34.51 crore for the supply of 1,141 solar pumps to the Haryana Renewable Energy Department (HAREDA) under Component-B of the PM-KUSUM scheme. This follows the company’s recent success in securing two major orders worth Rs.525.15 crore from prominent public sector undertakings for supply of solar panels, bringing the total order value to Rs.559.66 crore in just two months, a release by Alpex Solar said. (November 8, 2024)

 

Voltamp Transformers Ltd announced that it has received an order for design, manufacture, test and supply of power transformers of various ratings, from Gujarat Electricity Transmission Corporation Ltd. The order, valued at Rs.263.33 crore (exclusive of GST), is scheduled for completion in 12 months, Voltamp said in a regulatory filing. (November 6, 2024)

 

Advait Energy Transitions Ltd (formerly Advait Infratech Ltd) has secured a Rs.6.70-crore contract from Jammu & Kashmir Power Transmission Corporation Ltd involving design, manufacturing, testing, and supply of emergency restoration systems (ERS) for 220kV transmission lines in Jammu Region. The order is scheduled for completion in 270 days. (November 5, 2024)

 

Gensol Engineering Ltd has secured a turnkey EPC order from an unnamed public sector utility in Maharashtra. The project involves the development of a 150 MWac ground-mounted solar PV power plant, with a total contract value of Rs.780 crore, and is set to be executed over a 15-month period. Gensol’s role will encompass land acquisition, design, engineering, procurement, and logistics. The scope also includes the manufacturing, supply, erection, inspection, installation, testing, and commissioning of the solar PV power plant, along with the development of the associated power evacuation infrastructure to the STU substation. Additionally, the contract includes three years of O&M services for the project, inclusive of maintenance of the plant’s switchyard and transmission infrastructure. (November 4, 2024)

 

Ashoka Buildcon Ltd announced that it has been declared L1 bidder by Maharashtra State Electricity Transmission Company Ltd (MSETCL) for a project involving building of a 400/220kV substation at Nandgaon Peth and associated lines in Amravati district. The order valued at Rs.312.13 crore (inclusive of taxes) is scheduled for completion in 18 months. (November 1, 2024)

 

ABB has introduced its new brand positioning “We help industries outrun – leaner and cleaner” underpinning the next phase of the company’s development as a leader in electrification and automation. Further, ABB’s new tagline will be ‘Engineered to Outrun’ which replaces “Let’s write the future. Together”. The new brand positioning is in line with ABB’s existing purpose of enabling a more sustainable and resource-efficient future with its technology leadership in electrification and automation and its decentralized operating model.  (November 1, 2024)

 

Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL), on October 29, 2024, incorporated a wholly-owned subsidiary “Lakadia B Power Transmission Ltd” for the development of an ISTS-TBCB scheme known as “Augmentation of transformation capacity at 765/400kV Lakadia substation [WRSS XXI (A) Transco Ltd] in Gujarat – Part B. This subsidiary will be transferred to the successful developer, selected under the TBCB mechanism. (October 30, 2024)

 

Transformers & Rectifiers (India) Ltd [TARIL] has won orders, collectively valued at Rs.270.21 crore, from Siemens Ltd, Adani Energy Solutions Ltd, AMNS India Ltd and Jindal Group. These order relate to supply of power transformers, reactors, etc. All the four orders are scheduled for delivery in FY26, TARIL said in a regulatory filing. (October 29, 2024)

 

Tata Power Renewable Energy Ltd (TPREL), a subsidiary of Tata Power, has announced a strategic partnership with IndusInd Bank to facilitate accessible and affordable solar financing for MSEs, thereby promoting widespread solar energy adoption amongst MSEs. This alliance will provide MSEs with collateral-free solar financing, by offering loans ranging from Rs.10 lakh to Rs.2 crore. These loans, contingent on the bank’s credit approval, require a 20 per cent margin and come with competitive interest rates, offering terms of up to 7 years, a release by Tata Power said. (October 29, 2024)

 

Training camps for safety awareness among the maintenance staff of transmission lines and extra high tension substations of Madhya Pradesh Power Transmission Company Ltd (MPPTCL) were recently organized in various locations in Indore area. In these camps, a total of 71 maintenance staff including 20 transmission line maintenance staff and 40 outsourced staff of substations were given training to carry out the work cautiously, keeping in mind various safety measures in transmission lines and substations. On this occasion, the safety manual issued by MPPTCL was also explained in detail. (October 28, 2024)

 

Hitachi Building Systems Co Ltd and Hitachi Lift India Pvt Ltd have successfully secured an order for 56 units of elevators and escalators from CRC Group for CRC The Flagship in Noida, Uttar Pradesh, India. The project is one of the most prestigious commercial projects in Noida. The order consists of 44 elevators including high-speed elevators with a rated speed of 180 or 150 m/min, 12 escalators and a destination floor reservation system that efficiently allocates elevator cars. The elevators have an earthquake emergency operation system that detects an earthquake and stops the elevator quickly on the closest floor.  (October 28, 2024)

 

Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL), on October 25, 2024, incorporated a wholly-owned subsidiary “Rajasthan V Power Transmission Ltd” for development of an ISTS scheme called “Transmission system for evacuation of power from Rajasthan REZ Ph-V (Part 1: 4 GW) [Sirohi/Nagaur] Complex.” This SPV will be transferred to the successful bidder to be selected under the TBCB modality. (October 26, 2024)

 

Power Grid Corporation of India Ltd (PGCIL) said that it has been granted patent by The Patent Office, Government of India, for an invention entitled “System and Method for Health Assessment of Transformers/Reactors for POWERGRID Asset Life Management System (PALMS).” The patent bearing number 553057 granted on October 24, 2024, would be valid for a term of 20 years from January 19, 2021 – the date of filing of patent. (October 25, 2024)

 

The International Copper Association (ICA) has elected Hindalco Industries Ltd as its newest member. Operating since 1958, Hindalco Industries Ltd, the metals flagship company of the Aditya Birla Group, is an industry leader in copper and aluminum, producing copper cathodes and continuous cast copper rods for India and the world. “We believe Hindalco’s membership in ICA, as a global leader, will help strengthen the industry, and we look forward to contributing to sustainability efforts and the development of new applications and products in the copper sector,” noted Rohit Pathak, CEO-Copper Business of Hindalco Industries, on the new membership. (October 25, 2024)

 

Schneider Electric has formed a strategic partnership with Noida International Airport to introduce building and energy management solutions. Through this collaboration, Schneider Electric will roll out complete building management solutions, comprising electrical SCADA and advanced distribution management system (ADMS), aimed at significantly boosting the airport’s operational efficiency and sustainability. This encompasses the supervision of HVAC systems, including air handling units, treated fresh air units and dedicated outdoor air systems. The scope of implementation extends to electrical systems covering low tension and high-tension panels, sub main distribution boards, and multifunction meters. (October 24, 2024)

 

KEC International Ltd has reported the winning of orders worth Rs.1,142 crore across its power T&D, railways and cables businesses. The power T&D orders relate to building a 380kV transmission line in Saudi Arabia as well as supply of towers and hardware in Americas. These orders have taken the company’s cumulative order inflow in FY25 far to around Rs.13,500 crore, nearly 50 per cent higher than the comparable level in FY24. (October 24, 2024)

 

Orb Energy has installed an 800-kW rooftop solar system at Esteem Industries Pvt Ltd in Alonde, Wada, Maharashtra. This installation is set to generate over 10 lakh units of electricity and reduce approximately 1,000 tonnes of carbon emissions, annually.  The project is expected to generate approximately 3,100 kwh of solar energy daily, covering around 80 per cent of Esteem Industries’ daytime electricity requirements. The company is projected to recover its investment in solar energy within 2 years and 3 months, highlighting both economic and environmental advantages, a release by Orb Energy said. (October 24, 2024)

 

Jyoti Structures Ltd, in a stock exchange notification, said that it has received an order valued at Rs.450.01 crore (excluding GST) from Adani Energy Solutions Ltd for  survey, soil investigation, supply of towers, foundations, erection, stringing and commissioning of LILO of 765kV double-circuit Bhuj II-Lakadia transmission line at Navinal, Gujarat on turnkey basis. The order is scheduled for completion in 18 months, which is by April 2026, the filing said. (October 23, 2024)

 

Jakson Group has introduced the next-generation CPCB IV+ compliant gensets, powered by Cummins, in Dehradun, Uttarakhand. Cummins launched CPCBIV+ compliant genset engines for India market July 2023. These Cummins-powered CPCB IV+ compliant gensets from the Jakson Group are set to redefine excellence in the backup power solutions industry with their unparalleled features and benefits. Their compact design and robust load-taking capability, optimize installation options without compromising performance.  (October 23, 2024)

 

Power Grid Corporation of India Ltd (PGCIL) has informed that Naveen Srivastava, Director (Operations), PGCIL, has been entrusted with additional charge of Director (Projects), PGCIL, for a period of three months – from October 1, 2024 to December 31, 2024 – or till assumption of charge of the post by regular incumbent or until further orders, whichever is earliest. This development is as per a Union power ministry order dated October 21, 2024, PGCIL said. (October 23, 2024)

 

The board of Power Grid Corporation of India Ltd (PGCIL), in its meeting on October 22, 2024, approved the raising of unsecured, non-convertible, non-cumulative, redeemable, taxable, POWERGRID Bonds – LXXIX (79th) worth up to Rs. 5,000 crore, on private placement basis. The basic bond issue size will be Rs.1,000 crore with a greenshoe option of Rs.4,000 crore, PGCIL said in a regulatory filing. (October 22, 2024)

 

Aarsh Transformers Pvt Ltd, a subsidiary of Viviana Power Tech Ltd, has commissioned a distribution transformer manufacturing facility at Por-Varodara in Gujarat. The initial capacity will be 7,000 units per year, up to rating of 1 MVA. Plans are underway to enhance the rating up to 7 MVA, and production capcicty to 15,000 units per year. Type-testing for distribution transformer of rating 25 kVA, 63 kVA and 100 kVA has already been completed. The company is also in the development stage for manufacturing dry-type transformers, Viviana Power Tech said in a stock exchange notification. (October 21, 2024)

 

Larsen & Toubro (L&T) and Clean Core Thorium Energy (CCTE) have signed an MoU to collaborate on providing efficient solutions globally in clean energy through  the CCTE’s patented ANEEL™ fuel (Advanced Nuclear Energy for Enriched Life). The ANEEL™ fuel will promote clean energy, non-proliferation, enhanced safety, decarbonisation of hard-to-abate industries and circular economy. The ANEEL™ fuel is made of thorium and enriched uranium developed for use in pressurised heavy water reactors (PHWR) and Canada Deuterium Uranium (CANDU) Reactors and Advanced Nuclear Reactors. Proliferation resistant ANEEL™ fuel is expected to significantly reduce life-cycle operating costs and the waste produced. Also, the ANEEL™ fuel will offer added advantage of energy security by large scale deployment of thorium and reduce uranium consumption. (October 18, 2024)

 

Diamond Power Infrastructure Ltd (DIPL) has received an order worth Rs.99.95 crore from Reverence Infrastructure India LLP for the supply of 11kV 240 sqmm XLPE Al 3-core cables to be deployed in a project under the Revamped Distribution Sector Scheme (RDSS). The order is scheduled for completion by March 2025, DIPL said in a stock exchange filing. (October 18, 2024)

 

Kay Cee Energy & Infra Ltd, in a stock exchange communication, said that it has received an order valued at Rs.55.78 crore, including GST, from Rajasthan Vidyut Prasaran Nigam Ltd. The order is for operations & maintenance of 75 substations of 132kV in RVPNL’s transmission network, for a period of three years. (October 17, 2024)

 

The curtain raiser for the Seventh Session of the International Solar Alliance (ISA) Assembly was hosted on October 17, 2024, in New Delhi. Representatives from 60 countries participated in the event. Under the presidency of the Republic of India and co-presidency of the Republic of France, the seventh session of the International Solar Alliance Assembly will be held at Bharat Mandapam, New Delhi, India, from November 3, 2024 to November 6, 2024. Ministers, mission heads, and senior government officials from 120 member and signatory countries, prospective countries, partner organisations, the private sector, and key stakeholders are expected to participate. (October 17, 2024)

 

Central Electricity Regulatory Commission (CERC), in its order dated October 15, 2024, has granted transmission licence to Powergrid Bidar Transmission Ltd (formerly Bidar Transmission Ltd and a wholly-owned subsidiary of Power Grid Corporation of India Ltd) with regard to its ISTS scheme called “Transmission scheme for solar energy zone in Bidar (2,500 MW), Karnataka.” PGCIL won the project under the TBCB mode quoting a tariff of Rs.2368.09 million per year, and getting the better of two other contenders – Megha Engineering & Infrastructure Ltd and Sterlite Power. (October 15, 2024)

 

PFC Consulting Ltd (PFCCL), a wholly-owned subsidiary of Power Finance Corporation Ltd, entered into a memorandum of understanding (MoU) with the Central Electricity Authority (CEA) on October 14, 2024. Under this MoU, PFCCL and CEA will pool their expertise in areas including generation, transmission, and distribution projects. The MoU was signed by Manoj Rana, CEO of PFCCL, and Rakesh Kumar, Secretary, CEA, in the presence of senior officials of PFCCL and CEA. (October 15, 2024)

 

Saatvik Green Energy Ltd has announced that it has won a contract with Maharashtra State Power Generation Company Ltd (Mahagenco) to supply 200 MW of its cutting-edge N-TOPCon 580Wp modules to various locations across Maharashtra. The total value of the order is estimated to be Rs.302 crore.  Saatvik N-TOPCon 580Wp modules, which will be used to fulfil this contract, are among the most advanced and in-demand products in Saatvik’s portfolio, a release by Saatvik said. (October 14, 2024)

 

Gensol Engineering Ltd has been awarded a contract by UAE’s leading sustainable development and clean energy development company for the design, construction, and long-term O&M of rooftop solar photovoltaic systems for the engineering facilities of a leading aviation company in Dubai.  The contract, valued at AED 81.6 million (Rs.186 crore) plus taxes, is set to be executed over a 20-month period. With a total installed capacity of around 23 MWp, the turnkey project will involve the design, procurement of materials, construction, testing, commissioning, and long-term operation and maintenance of the rooftop solar PV systems. (October 14, 2024)

 

Schneider Electric announced that its EcoStruxure IT Network Management Card 3 (NMC3) platform has obtained a new and higher level of cybersecurity certification, making it the first Data Center Infrastructure Management (DCIM) network card to achieve IEC 62443-4-2 Security Level 2 (SL2) designation from the International Electrotechnical Commission (IEC). TÜV Rheinland, one of the world’s largest and leading testing providers, has independently certified the NMC3 platform, ensuring vendor products designed for data center and distributed IT environments meet a set of well-defined security requirements and undergo thorough testing and assessment, a release form Schneider Electric said. (October 10, 2024)

 

Diamond Power Infrastructure Ltd has won an order valued at Rs.109.39 crore from Swastika Infra Pvt Ltd, a contractor of Gujarat state distribution utility Madhya Gujarat Vij Company Ltd (MGVCL). The order is for the supply of 11kV 240 sqmm XLPE Al 3-core cables to be deployed for a project of MGVCL. The order is scheduled for completion by March 2025. (October 9, 2024)

 

A consortium led by RMC Switchgears Ltd has won three separate EPC contracts (including 3-year O&M) for solarization of agricultural feeders in Ahmednagar district of Maharashtra. The contracts, together worth Rs.201 crore, were won in a competitive bidding process including e-reverse auction. RMC Switchgears is actively pursuing additional tenders exceeding 500 MWp, RMC Switchgears added in a release.  (October 9, 2024)

 

Saatvik Solar has inked an agreement with Larsen & Toubro (L&T) to supply a 213-MW order for solar PV modules. This order is designated for L&T Energy’s 245-MW Bihar Battery Energy Storage System (BESS) project. Of this, 185 MW will power a solar PV grid-connected power plant, while 45.4 MW will support a 4-hour battery storage system in Kajra district. Saatvik Solar will deliver its advanced Mono PERC bifacial modules of 545 Wp, featuring glass-to-back sheet technology. The delivery is scheduled for completion by March 2025. (October 9, 2025)

 

Gensol Engineering Ltd announced that its solar EPC order book, as of September 30, 2024, stood at Rs.4,097 crore, representing 1.5 GW. This includes solar projects to be executed within a timeline of 12 to 18 months. Besides, the company foresaw a revenue stream of Rs.4,958 crore over a period of 12-25 years arising from BESS projects and solar generation projects under the BOO model, as of given date. (October 9, 2024)

 

Sterling and Wilson Pvt Ltd has announced a strategic collaboration with Maerifa Solutions, a leading digital infrastructure company focused on the provision of technology design and deployment and supply chain management. This tie-up marks a significant step in providing enhanced data center and infrastructure solutions for investors and businesses globally. This partnership will allow Sterling and Wilson to explore opportunities to provide full turn-key data center infrastructure including server technology to its customers, offering competitive pricing and high-quality service. (October 8, 2024)

 

Power & Instrumentation (Gujarat) Ltd [PIGL] in a stock exchange notification announced the successful completion of a key project for Nuclear Fuel Complex (NFC), Department of Atomic Energy. The project, valued at Rs.10.18 crore, involved the designing, engineering, supplying, installation, testing, and commissioning of high-voltage diesel generator (DG) sets, AMF (automatic mains failure) panels, synchronizing panels, and switchboards, among other critical electrical systems. NFC commended PIGL for its excellent performance in key areas, including quality of work, technical expertise, resourcefulness, and financial soundness, the notification said.  (October 7, 2024)

 

Servotech Power Systems Ltd has secured an additional order of nine EV charging stations from the Nashik Municipal Corporation (NMC). Previously the company had received an order from NMC which involved Servotech supplying, commissioning, and constructing 20 EV charging stations throughout the Nashik Municipal Corporation area.  (October 7, 2024)

 

L&T-SuFin has launched “SuFin Seller Suvidha” — an app designed to empower businesses, especially MSMEs, by streamlining the selling process. The app brings together a range of features that simplify tasks for sellers, enhance customer engagement and optimise business operations. SuFin Seller Suvidha, available on the App Store and Google Play, offers sellers a suite of tools to manage their operations seamlessly. Key features include a centralized dashboard for managing, tracking, and comparing requests, real-time order monitoring from placement to delivery, an intuitive returns management system, and a dynamic payment management module.  (October 7, 2024)

 

Gensol Engineering Ltd announced the appointment of Ankit Jain as the Chief Financial Officer. Ankit will be succeeding Jabir Mahendi Aga, who is moving into an expanded leadership role within Gensol Group. Ankit brings over 20 years of extensive experience across finance and accounting functions. He previously held the position of Vice President – Finance at Zetwerk India, a release by Gensol Engineering said. (October 7, 2024)

 

CG Power and Industrial Solutions Ltd (CG) has entered into an Asset Purchase Agreement for the purchase of the Radio Frequency (RF) Components business of Renesas Electronics America Inc. and other affiliate entities of Renesas, that have assets in the RF components business. The acquisition is proposed to be made through one or more subsidiaries of CG. CG and Renesas Electronics America Inc. are joint venture partners in CG Semi Pvt Ltd, a subsidiary of CG engaged in Outsourced Semiconductor Assembly and Test (OSAT) business. (October 5, 2024)

 

Husk Power Systems and Abuja Electricity Distribution Plc (AEDC), together with Duduguru community in Nasarawa State of Nigeria, signed a partnership agreement to serve peri-urban commercial and residential customers with interconnected minigrids (IMG). The solar-powered minigrid in Duduguru, located in Obi Local Government Area (LGA), has a planned average daily energy supply of 656 kW, which will serve about 1,000 customers – 80 per cent households.  Husk already has more than 40 isolated minigrids operational in Nigeria. IMGs involve a three-way partnership between minigrid developers, distribution companies like AEDC, and the community where the IMGs are located. (October 4, 2024)

 

Grew Energy Pvt Ltd has partnered with Aditya Green Energy Pvt Ltd for the supply of over 180 MW of PV solar modules. The order supports the Government of India’s PM KUSUM C (MSKVY 2.0) Yojana initiative aimed at promoting solar energy adoption in rural areas. The project will benefit the regions of Latur, Osmanabad, and Beed in Maharashtra. Grew Energy will soon commence the dispatch of solar modules continuing until January 2025, a company statement said. (October 4, 2024)

 

Goldi Solar announced that it plans to increase its module manufacturing capacity from the current 3 GW to 14 GW by mid FY26. Additionally, Goldi Solar plans to build its cell manufacturing capacity to 4 GW by FY27. The expansion will drive improvements across the company’s manufacturing processes, enhance production efficiency, and unlock new market opportunities in North, East and South India. To support this large-scale growth, Goldi Solar plans to increase its workforce by over 4,000 employees. (October 4, 2024)

 

Transformers & Rectifiers (India) Ltd, in a stock exchange filing said that it has secured orders worth Rs.565 crore for transformers and reactors in the range of 80 MVAr to 500 MVA and 420kV to 765kV, from Power Grid Corporation of India Ltd. The order is scheduled to be fulfilled during 2025-26, the filing said. (October 3, 2024)

 

Power Grid Corporation of India Ltd (PGCIL) declared its 400/220kV Tughlakabad GIS substation in New Delhi as a “Pink Substation” meaning that it will be operated and managed entirely by women executives. Earlier, on September 18, 2024, PGCIL had declared its 400/220kV Yelahanka GIS substation in Karnataka as its fourth “Pink Substation.” (October 2, 2024)

 

The Indian Institute of Technology Bombay (IIT Bombay) has partnered with ABB India to establish a cutting-edge teaching laboratory for electrical machines and drives at the Department of Energy Science and Engineering on its campus. This partnership aims to provide students with hands-on experience using modern industrial equipment and prepare undergraduate and post-graduate students for future roles in the fast-evolving energy and industrial sectors while promoting environmental sustainability. The teaching lab will feature energy-efficient, mechanically coupled electrical machine sets, variable frequency drives (VFDs), and programmable logic controllers (PLCs), focusing on delivering practical training in electrical machines and drives. (October 1, 2024)

 

GE Power India Ltd (GEPIL), in a stock exchange filing, said that it has received an order from Nepal-based Blue Energy Ltd for design, engineering, procurement, supply of turbine, governing, generator, control and protection system up to project site, erection, testing and commissioning of GE Vernova-supplied equipment for 100-MW Super Trishuli hydropower project in Nepal. The order worth Rs.240.40 crore plus NPR (Nepalese Rupee) 34 crore is scheduled to commission in 42 months. The order will be accounted by GEPIL in accordance with the provisions of the business transfer agreement between GEPIL and GE Power Electronics (India) Ltd (now renamed as GE Vernova Hydro Power India Pvt Ltd) for the sale and transfer of the hydro business undertaking of GEPIL. (October 1, 2024)

 

The Electricals & Electronics business of Godrej & Boyce announced that it has completed works valued at around Rs.67 crore across three stations of the Mumbai Metro Line-3 project. The business was responsible for the supply, installation, testing, and commissioning of electrical services. This comprehensive undertaking included implementing power distribution solutions, advanced lighting systems, and cutting-edge ventilation infrastructure, a statement by Godrej & Boyce said. (October 1, 2024)

 

India’s first super capacitor manufacturing centre of Kerala Electronics Ltd (Keltron) is scheduled for inauguration on October 1, 2024.  This advanced facility, located at the Keltron Components Complex, marks a significant advancement for Kerala. It will enable the local production of world-class super capacitors, catering to vital sectors such as the Indian defense, electric vehicles, and space missions. With the first phase of production now complete, the plant is equipped to manufacture up to 2,000 super capacitors per day. Super capacitors play a crucial role in various applications, ranging from electric vehicles to aerospace technologies. Their ability to charge and discharge rapidly makes them superior to traditional batteries, providing dependable performance for devices like inverters and energy meters. This innovative technology not only enhances energy storage solutions but also supports our goals for sustainability and electric mobility, Keltron said. (September 30, 2024)

 

Vertiv has announced its service provider agreement with VMJ Lanka, an innovative engineering services organization based in Sri Lanka. Through this agreement, VMJ Lanka will serve as an authorized service provider for Vertiv’s industry-leading AC and DC power products. The agreement will focus on delivering exceptional service quality, operational excellence, and cutting-edge technical support to Vertiv’s clients across Sri Lanka.  (September 30, 2024)

 

REC Ltd announced that it has successfully raised $500 million 5-year Green bonds issued off its $10-billion Global Medium Term Programme. The bond proceeds will be used to finance Eligible Green Projects, in accordance with REC’s Green Finance Framework as per Green Bond principles of Climate Bond Initiative, London and RBI’s ECB Guidelines, with a second-party opinion from Sustainable Fitch, a release by REC said. (September 30, 2024)

 

Powerica Ltd has selected to install 19 GE Vernova 2.7 MW -132 wind turbine generators (WTGs) at its 51.3-MW project at Devbhumi Dwarka, Gujarat. The project will be covered under the SECI XVI tranche. The project, which reflects India’s growing interest in bringing online more renewable energy, is expected to both benefit the local community and contribute to India’s renewable portfolio. Current plans expect the WTGs for the project, which was booked in the second quarter of 2024, to be supplied starting in November 2024, a release by GE Vernova said. (September 28, 2024)

 

Kolkata-headquartered Marsons Ltd has announced the receipt of a letter of intent from from NACOF OORJA to develop 150-MW (AC) grid-interactive ground-mounted solar PV power generation capacity coming from multiple PV plants across different locations in Rajasthan. The project is being executed for Rajasthan Renewable Energy Corporation Ltd (RRECL) under the KUSUM scheme in order to provide daytime power to agricultural consumers. The total value of the order is around Rs.675 crore and it will be executed with technical support from Aditya Clean Systems (P) Ltd. The execution timeline is 12-18 months, Marsons said in a stock exchange notification. (September 27, 2024)

 

SJVN Ltd has signed two MoUs with the Maharashtra government for development of pumped storage projects (PSP) and floating solar projects in Maharashtra. The first MoU was with Department of Water Resources for development of five PSPs with total capacity of 8100 MW, and the second was with Maharashtra State Power Generation Company (MAHAGENCO) for a 505-MW floating solar project. The total estimated investment on these projects will be around Rs.48,000 crore and will generate around 8400 direct and indirect employment opportunities, SJVN said. (September 27, 2024)

 

Bondada Engineering Ltd has received an order valued at nearly Rs.468 crore from KPI Green Energy Ltd for supply of material and installation of a solar power plant of 130 MWp / 100 MW (AC). This domestic order is scheduled for completion in 12 months from receipt of the formal purchase order, Bondada said in a regulatory filing. (September 27, 2024)

 

Power Mech Projects Ltd has won a Rs.226.66-crore order (excluding GST) from Gujarat Mineral Development Corporation Ltd (GMDC) for operation, maintenance and repair of GMDC’s 250-MW Akrimota power plant in Gujarat. The three-year order, starting tentatively from December 16, 2024, covers all power plant equipment and transmission lineup to 220kV switchyard and other related works. (September 26, 2024)

 

Zetwerk Manufacturing has secured a substantial second order from NTPC for the manufacturing and supply of 1,515 MWp of ALMM-compliant, Made in India solar PV modules, including mandatory spares, for the 1,200-MW Khavda solar project in Gujarat. Zetwerk will be servicing this order in a span of just 210 days, a release from Zetwerk said. (September 26, 2024)

 

Senvion India has announce a new order (conditional) from Continuum Green Energy for 50 of its recently launched 4.2M160 wind turbine generators (WTGs), totaling 210 MW. The project is scheduled for deployment in Gujarat or Karnataka, with deliveries beginning in April 2026. In addition to the initial 50 WTGs, the agreement allows for an increase in the order (conditional) of up to 50 units, potentially expanding the project’s footprint in Gujarat and other states, Senvion said in a release. (September 26, 2024)

 

Hartek Group has announced that it has crossed the 10-GW solar capacity milestone, standing for the aggregate solar capacity that the group is associated with through its various businesses including power systems, transmission & distribution (T&D) and solar EPC. The group has built substations up to 400kV for leading solar power producers and has even recently won a 765kV power system order, related to solar power-related transmission infrastructure. from Power Grid Corporation of India Ltd. Hartek Group, through its solar EPC business, is currently executing a 300-MW project valued at around Rs.500 crore, for a large independent power producer, apart from a 10-MW rooftop solar plant for a C&I customer, Hartek Group said in a release. (September 26, 2024)

 

NTPC Green Energy Ltd (NGEL), a wholly-owned subsidiary of NTPC Ltd, on September 25, 2024, entered into a joint venture agreement (JVA) with Mahatma Phule Renewable Energy and Infrastructure Technology Ltd. (MAHAPREIT). The proposed joint venture company will undertake development of 10 GW of renewable energy parks and projects in Maharashtra or in any other Indian state, a release by NTPC said. (September 26, 2024)

 

Power & Instrumentation (Gujarat) Ltd [PIGL] has been appointed by Airports Authority of India (AAI) as the specialized agency responsible for the power supply system of the new Integrated Passenger Terminal Building at Maharana Pratap Airport, Udaipur. This appointment is part of a broader contract awarded to Nyati Engineers & Consultants Pvt Ltd, the main contractor for the airport’s modernization project. Under the terms of the contract, PIGL will be responsible for designing, implementing, and commissioning the entire power supply system for the state-of-the-art terminal. This encompasses power distribution, installation of electrical substations, energy management systems, and ensuring full compliance with safety and regulatory standards, PIGL said in a stock exchange notification. (September 25, 2024)

 

BluPine Energy has announced the successful commissioning of its 120-MW solar project in Gujarat. This project includes a 70-MW solar plant at Radhanpur and a 50-MW solar plant at Nenava, both located in the northern part of the state. The project achieved financial closure under the GUVNL-16 tender, with green financing secured through Standard Chartered Bank. The electricity generated will be supplied to Gujarat Urja Vikas Nigam Ltd (GUVNL) under a 25-year PPA. (September 25, 2024)

 

A single-user group captive solar power purchase agreement (PPA) has been formalized between Henkel India and CleanMax. Accordingly, Cleanmax will supply solar power to the Kurkumbh and Thane manufacturing sites of Henkel India, resulting in annual CO2 savings of over 4,500 tonnes. The captive power plant is being set up in a solar farm located in Maharashtra, to be owned and operated by CleanMax. (September 25, 2024)

 

Sterling and Wilson Renewable Energy Ltd has announced that it has received two new domestic orders, aggregating around Rs.512 crore, from private IPPs. The company received an order for engineering, procurement and construction of a 200 MW AC / 250 MWp DC PV plant for a PV project in Gujarat. It also received a LOA for EPC of a 50 MW AC / 65 MWp DC PV plant in Maharashtra, India. (September 24, 2024)

 

Senvion India has commissioned the prototype of the upgraded 3.1M variant of the 2XM series turbines. The 3.1M130 turbine is expected to be ready for commercial installation in India in the first quarter of 2025, RLMM listing. The 3.1M130 builds on the proven success of the 2XM platform, a trusted solution for Senvion’s clients, a release from Senvion said. (September 23, 2024)

 

KEC International Ltd has reported the winning of orders valued at Rs.1,003 crore across its various businesses like railways, civil and cables. This has taken the company’s cumulative order inflow in FY25 so far to Rs.12,300 crore that was 60 per cent higher than the comparable level in FY24. During the period April 1, 2024 to around September 22, 2024, power T&D accounted for around 70 per cent of the company’s total order inflow. (September 23, 2024)

 

The board of NTPC, in its meeting held on September 19, 2024, accorded investment approval for Darlipali super thermal power project Stage – II (1×800 MW) in Odisha, at an appraised current estimated cost of Rs.11,130.98 crore. The board also gave investment approval for Sipat super thermal power project Stage – III (1×800 MW) in Chhattisgarh, at an estimated outlay of Rs.9,790.87 crore. (September 20, 2024)

 

Power Grid Corporation of India Ltd (PGCIL), on September 19, 2024, received the letter of intent as successful bidder from bid process coordinator PFC Consulting Ltd for an ISTS-TBCB scheme housed under “South Olpad Transmission Ltd,” to be developed on BOOT basis. This scheme is officially termed as “Transmission system for evacuation of power from potential renewable energy zone in Khavda area of Gujarat under Phase-IV (7GW): Part B” and involves setting up of a new 765kV GIS substation near South of Olpad in Gujarat, among other transmission elements. (September 20, 2024)

 

The Electricals & Electronics business of Godrej & Boyce announced the commissioning of a 25-MW AC ground-mounted solar project in Dhule, Maharashtra for the Maharashtra State Power Generation Company Ltd (Mahagenco). This expansive installation, spanning over 52 ha, is set to generate 45 million kwh annually. Custom-designed structures with varied heights and wind resistance capabilities were designed to ensure maximum efficiency, despite the complex topography, a release by Godrej & Boyce said. (September 19, 2024)

 

Husk Power Systems, on September 19, 2024, announced that it had surpassed 1,000 direct employees across India and Africa, doubling its workforce since closing a $103 million Series-D financing in October 2023. Besides hiring 100 per cent local staff in its markets of operation, Husk has also put a strong focus on gender equity, local job creation in rural communities and training the next generation of minigrid industry leaders. Husk has grown its workforce 10 times since 2018. It is currently adding 50 new jobs per month, with that number expected to grow to 60 in Q4 2024, and expects to build a rural green job workforce of 2,500 by the end of 2025. (September 19, 2024)

 

Power Mech Projects Ltd has reported the winning of a Rs.865-crore order from Talwandi Saboo Power Ltd (a subsidiary of Vedanta Ltd) for operations & maintenance (O&M) of its 3×660-mw supercritical thermal power plant located in Mansa district of Punjab. The five-year O&M mandate will take effect from November 1, 2024. (September 19, 2024)

 

RMC Switchgears Ltd has been awarded a contract by the Maharashtra State Electricity Distribution Company Ltd (MSEDCL) for the development of a 41 MW (AC) solar photovoltaic power project in RESCO model. The project will be executed under the Mukhyamantri Saur Krushi Vahini Yojana 2.0, a scheme launched for the solarization of agricultural feeders under PM-KUSUM Scheme. This contract was awarded through a competitive bidding process and an e-reverse auction. Power generated from this project will be purchased by MSEDCL at a fixed tariff, as approved by Maharashtra Electricity Regulatory Commission (MERC), for a period of 25 years from the scheduled commercial operation date. The project will be implemented across various sites in Maharashtra, as specified by MSEDCL. (September 18, 2024)

 

Tata Power Renewable Energy Ltd, a subsidiary of Tata Power Company Ltd, has secured a Letter of Award (LoA) from the Maharashtra State Electricity Distribution Company Ltd (MSEDCL), for the development of a 400-MW wind-solar hybrid project in Maharashtra. The LoA includes an original contracted capacity of 200 MW, along with a greenshoe option for an additional contracted capacity of 200 MW, making this the largest renewable energy project in state of Maharashtra till date for TPREL, a release by Tata Power said, adding that TPREL’s total renewable energy capacity now stands at 10.5 GW with 5.7 GW of projects in various stages of implementation. Its operational capacity has reached 4.8 GW, comprising 3.8 GW of solar and 1 GW of wind energy projects. (September 18, 2024)

 

Inox Wind Ltd (IWL) has received a letter of intent (LoI) from IGREL Renewables Ltd for execution of 550 MW wind capacity on turnkey basis. As part of the project, Inox Wind will supply, install and commission wind turbine generators (WTGs), and provide multi-year comprehensive O&M services post commissioning. The project will be executed over the next 24 months across multiple sites in Gujarat, Rajasthan and Madhya Pradesh. The 550 MW LoI has taken takes IWL’s order book to over 3.5 GW, a company release said. (September 18, 2024)

 

Jakson Group, a genset original equipment manufacturer (OEM) for Cummins India Ltd has introduced the next-generation CPCB IV+ compliant gensets, powered by Cummins, in Varanasi, Uttar Pradesh. Cummins launched CPCBIV+ compliant genset engines for India market in July last year. Designed to operate under extreme conditions, the CPCBIV+ gensets is equipped with innovations like a next-generation remote monitoring system, an advanced engine control module, and precise fuel-level sensors, a Jakson Group release said. (September 18, 2024)

 

Indo Tech Transformers Ltd, a subsidiary of Shirdi Sai Electricals Ltd, has announced the winning of an order valued at Rs.42.56 crore (excluding taxes) for the supply of four transformers of 192 MVA, each. The order is to be fulfilled by May 2025, the company said in a stock exchange notification. (September 18, 2024)

 

A joint venture agreement was signed on September 17, 2024, between NTPC Green Energy Ltd (NGEL) and state power generation utility Rajasthan Rajya Vidyut Utpadan Nigam Ltd (RVUNL).  The proposed JV company will undertake development of 25 GW of renewable energy projects and 1 million tonnes per year of green hydrogen or its derivatives, in Rajasthan. (September 18, 2024)

 

JSW Neo Energy and Reliance Power have won Solar Energy Corporation of India’s (SECI) auction to set up 1,000 MW/2,000 MWh standalone battery energy storage system (BESS) under the tariff-based global bidding process. Both the companies have won 500 MW/1,000 MWh, with JSW Neo Energy quoting a tariff of Rs.3,81,000 per MW per month and Reliance Power quoting Rs.3,81,999 per MW per month. The tender was floated in June year. (September 17, 2024)

 

Central Electricity Regulatory Commission (CERC), in its order dated September 10, 2024, has granted interstate transmission licence to “NERES XVI Power Transmission Ltd,” a wholly-owned subsidiary of Techno Electric & Engineering Company Ltd. The said subsidiary is developing an interstate transmission system (ISTS) scheme termed as “Transmission Scheme for North-Eastern Region Expansion Scheme-XVI (NERES-XVI),” which it had won under the TBCB mode. Click here for background information. (September 12, 2024)

 

Kalpataru Projects International Ltd (KPIL), along with its international subsidiaries, has received orders worth Rs.2,774 crore, the company said in a release. These orders, which include overseas power T&D mandates, has taken the company’s cumulative order intake in FY25 so far (till around September 12, 2024) to around Rs.9,800 crore, KPIL said. (September 12, 2024)

 

Saatvik Solar, in a release, said that it has successfully delivered 70.2 MW of high-efficiency Mono PERC 545Wp solar PV modules to SJVN Ltd for the latter’s solar project in Punjab.  This supply was completed in a record-breaking four months, highlighting Saatvik Solar’s commitment to accelerating India’s transition to clean energy, the release added. (September 12, 2024)

 

Tata Power Delhi Distribution Ltd (Tata Power-DDL) is participating in a National Lok Adalat in association with Delhi State Legal Services Authority (DSLSA) on Saturday, 14 September, 2024 to settle cases of electricity theft and disconnected connections. The Adalat will be held from 10:00 AM to 4:00 PM at PLA-I, Sub Station Building 2/13, Sector – 13, Rohini, Delhi – 110085, near Venkateshwar Global School, Tata Power-DDL said in a release. (September 12, 2024)

 

BCPL Railway Infrastructure Ltd has received an order from Rail Vikas Nigam Ltd, relating to work of “design, supply, erection, testing and commissioning for upgradation of electric traction system from 1 x 25kV to 2 x 25kV traction system for Kharagpur (excluding) – Bhadrak (excluding) section of Kharagpur Division of South Eastern Railway to meet 3,000 MT Loading target”. The total project cost comprises of Rs.71.01 crore and it is expected to be executed over a period of 16 months. (September 11, 2024)

 

Siemens AG has announced its agreement to acquire California-based Trayer Engineering Corporation (Trayer), a leader in the design and manufacturing of medium voltage secondary distribution switchgear suitable for outdoor and below ground applications.  Trayer specializes in hermetically sealed padmount and submersible switchgear, resistant to extreme weather conditions. The company will provide complementary technologies to the Electrification and Automation Business Unit at Siemens, to further support the market trend of undergrounding overhead electrical networks, increasing resilience of the North American distribution grids, a release by Siemens said. (September 11, 2024)

 

Hammond Power Solutions Inc. (HPS), a global manufacturer of dry-type transformers and power quality solutions, announced the recognition as the top-performing company in the 2024 TSX30 ranking, highlighting the top-performing companies on the Toronto Stock Exchange. HPS enables electrification through its broad range of dry-type transformers, power quality products and related magnetics. The company has manufacturing plants in Canada, the United States, Mexico and India and sells its products around the globe.  (September 11, 2024)

 

Grew Energy Pvt Ltd has signed a module supply agreement with BluPine Energy Pvt Ltd for the latter’s upcoming project in Banaskantha, Gujarat. The association with BluPine Energy will further strengthen Grew’s position as a leading solar module manufacturer in the country. TOPCON modules are one of Grew Energy’s premier products that are in demand for commercial as well as industrial solar power projects, a release from Grew Energy said. (September 10, 2024)

 

ITI Ltd has received an order worth around Rs.300 crore from Bihar Renewable Energy Development Authority (BREDA) for supply and installation of 1,00,000 numbers of solar street light systems to Bihar state government. The order, which will be fulfilled from ITI’s Naini plant in Uttarakhand, will cover solar streetlight systems like solar PV module, solar batteries, LED luminaries, mounting structures, and balance of system. BREDA will be deploying these streetlight systems across various districts like are Gopalgunj, Siwan, Samastipur, Purnia, Araria, Gaya, Darbhanga, Patna, Katihar and Khagaria. This order is in addition to 80,000 solar streetlight systems that ITI is currently executing for BREDA in Bihar. (September 10, 2024)

 

Indian Renewable Energy Development Agency Ltd (IREDA) has signed an MoU with SJVN Ltd, GMR Energy Ltd, and their associated companies for the development and implementation of the 900-MW Upper Karnali hydropower project in Nepal. This collaboration aims to enhance regional energy security through the development of renewable energy infrastructure. IREDA’s board of directors had granted in-principle approval for the project during their meeting on July 15, 2024, a release by IREDA said. (September 10, 2024)

 

Oriana Power Ltd announced that its subsidiary, TrueRE Surya Pvt Ltd, has been awarded a contract by Dalmia Cement (Bharat) Ltd for building and operate a ground-mounted solar power plant in Tamil Nadu with a capacity of up to 128 MW under the Open Access Captive solar power plant segment. The plant’s cost of construction is tentatively pegged at Rs.520 crore and it is expected to be commissioned within 12 months. Once completed, it will generate 1,920 lakh electricity units per year. (September 9, 2024)

 

NTPC has signed an MoU with USAID through its India Mission in Delhi to develop a roadmap for transforming NTPC townships and offices as net zero establishments. NTPC, according to a release, was the first energy company across the world to declare its Energy Compact Goals as a part of the UN High Level Dialogue on Energy. As a next step forward, NTPC has decided to make its townships and offices net zero in Scope 2 emissions by FY26. In addition, NTPC is also making its best efforts to declare its townships and offices net zero in water and waste at the earliest, the release said. (September 9, 2024)

 

KEC International Ltd has secured new orders of Rs. 1,423 crore for design, supply and installation of 380kV transmission lines in Saudi Arabia. These orders have taken the company’s cumulative order inflow in FY25 so far (up to September 5, 2024) to over Rs.11,300 crore – up 75 per cent compared to the same level in FY24. (September 6, 2024)

 

Waaree Renewable Technologies Ltd (WRTL), a subsidiary of Waaree Energies Ltd, has received a domestic order valued at Rs.8.58 crore (excluding taxes) from a project management consultant to build a 3.40-MW (DC)/2.77-MW (AC) ground-mounted solar power plant on turnkey basis. The project is scheduled to commission during the current fiscal year, WRTL said in a stock exchange notification. (September 6, 2024)

 

Gensol Engineering Ltd, in collaboration with Matrix Gas & Renewables Ltd, announced that it has emerged as the lowest bidder for EPC for developing India’s first bio-hydrogen project that will convert 25 tonnes of bio-waste into 1 tonne of hydrogen per day, using pre-gasification plasma induced radiant energy-based gasification system (GH2-PREGS) technology. The project valued at Rs.164 crore is scheduled for completion within 18 months. Gensol has strategically partnered with US-based Westinghouse that has patented technology and has commissioned such plants globally, Gensol said in a release. (September 3, 2024)

 

Adani Green Energy Ltd and TotalEnergies, have announced a strategic joint venture (JV), equally owned by both entities, aimed at managing a portfolio of solar projects totaling 1,150 MW. The projects are located at the world’s largest renewable energy plant in Khavda, Gujarat. AGEL will contribute its current assets to the new JV, while TotalEnergies plans to inject $444 million to accelerate the development of these projects, a statement by AGEL said. (September 3, 2024)

 

Larsen & Toubro, effective September 1, 2024, has carved out a separate business vertical for Renewable EPC out of its Power Transmission & Distribution (PTD) business, within its Infrastructure Projects segment. The move is aimed at enhancing management visibility and to ensure seamless integration of resources and capabilities, A. Ravindran, Senior Vice President – Larsen & Toubro, has been appointed as the Head of Renewable Business. “Creation of this vertical will give increased autonomy, customer proximity and leadership oversight to the business and enable us to excel in this space,” according to S.N. Subrahmanyan, Chairman & Managing Director, Larsen & Toubro Ltd. (September 2, 2024)

 

Solartive Techno Industries has won a Rs.48.8-crore contract (inclusive of GST) from Jharkhand Renewable Energy Development Agency (JREDA). The letter of award issued by JREDA provides rights to Solartive to design, manufacture, supply, transport, install, test and commission solar water pumping systems (SWPS) on a turnkey basis for irrigation purposes at different districts in Jharkhand under Component-B of PM-KUSUM Scheme, Phase III, a release by Solartive said. (September 2, 2024)

 

The Central government, on August 30, 2024, conferred “Navratna” status to two Central PSUs in the power ministry – NHPC Ltd and SJVN Ltd. This status will empower the two entities with faster decision-making, increased efficiency, and greater empowerment. This status supports major capital expenditure decisions and investment plans. NHPC and SJVNL will also have autonomy to establish overseas JVs, access new markets and leverage local expertise. Currently, NHPC and SJVNL have total installed capacity of 7,144 MW and 2,467 MW, respectively. Their under-construction capacities are 10,443 MW and 4,836 MW, respectively. (September 2, 2024)

 

PFC Consulting Ltd, on August 30, 2024, transferred its wholly-owned subsidiary “Bhadla-III & Bikaner-III Transmission Ltd” to Power Grid Corporation of India Ltd (PGCIL). The said subsidiary was incorporated on February 6, 2024, as a project SPV to develop an ISTS scheme called “Transmission system strengthening for interconnections of Bhadla-III and Bikaner-III Complex” and PGCIL was declared as successful bidder in the tariff-based competitive bidding (TBCB) process conducted by PFCCL as the bid process coordinator. (August 31, 2024)

 

Alfa Transformers has received an order from TP Northern Odisha Distribution Ltd, a Tata Power group entity, for design, manufacture and supply of 250 kVA transformers, valued at Rs.1.77 crore. Alfa will fulfill the order from its Bhubaneswar plant within 120 days, the company said in a stock exchange filing. (August 30, 2024)

 

Sharika Enterprises Ltd has won an order valued at Rs.7.53 crore from Himachal Pradesh State Electricity Board (HPSEB) for design, engineering, supply, installation, testing and commissioning of 22kV gas insulated switchgear (GIS) and 22/6.6kV power transformers of 1×10 MVA and 2×6.3 MVA capacity for supply of power to a lift water supply scheme in Shimla Town. The turnkey order is scheduled for completion in 18 months. (August 29, 2024)

 

Best Power Equipments (BPE) announced the opening of its new 20,000-sqft factory in Greater Noida. The state-of-the-art facility is now operational, featuring advanced automated systems for lithium-ion battery manufacturing, BESS manufacturing on a large scale. The new factory is part of BPE’s strategic expansion plan and is equipped with high-tech equipment, including automated battery testing and sorting machines, a company release said. (August 29, 2024)

 

Socomec’s testing laboratory LBI (LAB INDIA) has been accredited by the National Accreditation Board for Testing and Calibration Laboratories (NABL) in line with the ISO/IEC 17025:2017 standard, which outlines the general requirements for the competence of testing and calibration laboratories. Consequently, reports and certificates issued by this laboratory at the Gurgaon manufacturing facility are now authorized to display the ILAC MRA (International Laboratory Accreditation Cooperation Mutual Recognition Arrangement) mark, a release by Socomec said. (August 29, 2024)

 

Senvion India has announced a new order of 86.4 MW from Continuum Green Energy in Gujarat. With this order, Senvion will be delivering a total of 270 MW across five projects to Continuum. The deliveries are scheduled to begin in October 2024 and are expected to achieve grid commissioning by March 2025. The project entails delivering Senvion’s advanced 2.7M130 platform, which will be installed at a hub height of 140m. The project includes a 20-year O&M contract, Senvion India said in a release. (August 29, 2024)

 

The power T&D business of KEC International Ltd has won new orders worth Rs.1171 crore in the Middle East, including a 400kV transmission line in UAE and a 380kV line in Saudi Arabia. These orders have taken KEC’s cumulative order inflows in FY25 (up to August 28, 2024) to over Rs.10,000 crore, KEC said in a release. (August 29, 2024)

 

Jyoti Structures Ltd, in a stock exchange filing, said that it has received an order worth Rs.105.57 crore (inclusive of GST) from private developer for supply of transmission towers for a 765kV double-circuit transmission line project. The order is scheduled for completion in ten months, the filing said, without giving any further details. (August 28, 2024)

 

CESC Ltd announced that a new entity called “Brightfuture Power Pvt Ltd” was incorporated on August 27, 2024, as a wholly-owned subsidiary of Purvah Green Power Pvt Ltd, in turn a subsidiary of CESC Ltd. The new entity will explore opportunities in the renewable power sector, CESC said. (August 28, 2024)

 

Otis India has announced an expansion in capacity and capabilities of its Bengaluru manufacturing facility, which was established in 1996. The expansion will provide additional capacity to meet growing residential, commercial & infrastructure demand for elevators and escalators in India and expand coverage into more cities in the country.  A previous expansion in 2012 doubled the plant capacity, and the current expansion will further increase its overall capacity by about 20 per cent, Otis India said in a release. (August 28, 2024)

 

Sterling and Wilson Pvt Ltd announced the handover of the greenfield data center for Raxio Group in the Democratic Republic of Congo.  Raxio Group is Africa’s leading carrier-neutral Tier-III certified data centre operator. The Data Center facility will house co-location and hyperscale clients spread across 4,300 sqm area with a total IT load of 1.5 MW. Sterling and Wilson’s scope included complete turnkey civil and MEP for the facility along with Tier-III Uptime TCDD and TCCF certification. One of the first of its kind features include modular design of civil structure made of prefabricated steel, which ensures faster execution and better quality vis-à-vis normal brick and mortar structures. The project also included Indirect Adiabatic Cooling (IAC) free cooling solution for better PUE. The company was able to execute and deliver the project before the scheduled deadline of 16 months. (August 28, 2024)

 

Gensol Engineering Ltd announced its entry into the US market with the launch of its Delaware-based subsidiary, Scorpius Trackers Inc. The first US office of Scorpius Trackers (a subsidiary of Gensol Engineering) will be strategically located in California, positioning the company at the heart of one of the most dynamic renewable energy markets globally. This strategic move marks Scorpius’ commitment to leverage the vast potential of the US solar tracker market, which is the largest in the world and deploys trackers aggregating over 25,000 MW annually, a release by Gensol said. (August 28, 2024)

 

ZF Wind Power announced that its Coimbatore plant in India has crossed the milestone of cumulatively producing wind turbine gearboxes with aggregate capacity 50 GW. The ZF Wind Power plant at Coimbatore is the largest plant for wind gearbox production in the world, excluding China, the company said, adding that the 50-GW milestone is a testament to ZF’s early entry and sustained commitment to the Indian wind market. (August 27, 2024)

 

Bondada Engineering Ltd has received an order valued at Rs.575.75 crore (inclusive of GST) for design, survey, supply, installation, testing, commissioning of grid-connected distributed solar power plants for solarization of select agri feeders at substation level in state discom MSEDCL’s jurisdiction, its associated 11kV line to connect the plant with the substation concerned and remote monitoring system (RMS) of solar power plants, under Mukhyamantri Saur Krushi Vahini Yojana 2.0 of PM-KUSUM Solar projects across various districts in Maharashtra. The order aggregating 170.40 MWp (DC) was placed by special purpose vehicles promoted by Paradigm IT Technologies Pvt Ltd and Metalcraft Forming Industries Pvt Ltd, Bondada Engineering said in a stock exchange filing. (August 27, 2024)

 

Servotech Power Systems Ltd has enrolled with 62 discoms across India under the Pradhan Mantri-Surya Ghar Mufti Bijli Yojana that is aimed at solarizing households and promoting green growth. The scheme has received over 1.28 crore registrations and 14 lakh applications. Servotech’s enrollment will further amplify its impact by making sustainable energy solutions more accessible and affordable for a wider audience, a company release said. (August 27, 2024)

 

JSW Neo Energy Ltd, a wholly-owned subsidiary of JSW Energy Ltd, has received a letter of award for setting up a 200-MW wind-solar hybrid power project from Maharashtra State Electricity Distribution Company Ltd against tariff-based competitive bid (MSEDCL – Phase III). As a result of this capacity award, the JSW Energy’s total locked-in generation capacity has increased to 17.2 GW, which includes total locked-in hybrid capacity of 2.9 GW, including firm & dispatchable renewable energy (FDRE) (August 27, 2024)

 

Madhya Pradesh Power Transmission Company Ltd (MPPTCL) has released a “Safety Manual” that has been developed as per   I.E. Rules-1956, Indian Electric City Act-2003, CEA safety-related guidelines under Regulations-2010 and MPPTCL’s Grid Code It has been prepared keeping in mind the safety of maintenance personnel associated with MPPTCL’s network of more than 41,000 ckm of transmission lines and 416 EHV substations, a release from MPPTCL said. (August 24, 2024)

 

KEC International Ltd announced the winning of new orders worth Rs.1,079 crore in its power T&D and cables businesses. The T&D orders were received from Middle East and Americas, and India. The new orders have taken KEC’s order inflow in FY25 so far (up to around August 23, 2024 to over Rs.8,700 crore, KEC said in a statement. (August 24, 2024)

 

JSW Renew Energy Twenty Ltd, a wholly-owned step-down subsidiary of JSW Energy Ltd has signed a power purchase agreement with Bangalore Electricity Supply Company Ltd for solar capacity of 300 MW awarded by Karnataka Renewable Energy Development Ltd. The PPA is signed for supply of power until FY2044 with a tariff of Rs.2.89 per kWh. The aforesaid project is located in Pavagada Solar Park, Karnataka and is expected to be commissioned in next 18 months. In another independent development, JSW Neo Energy Ltd, a wholly owned subsidiary of JSW Energy Ltd has received letter of award for setting up 300 MW ISTS-connected wind-solar hybrid power project from NTPC Ltd against tariff-based competitive bid invited under “1,000 MW ISTS-connected Wind-Solar Hybrid Power Projects (NTPC-Tranche-VI).” (August 23, 2024)

 

Socomec has announced the appointment of Amit Jain as the company’s new Chief Financial Officer for its Greater India operations. With a career spanning over 25 years, Amit Jain brings a wealth of experience in financial management, strategic planning, and transformation across diverse industries and geographies. Amit Jain’s professional journey includes global leadership roles at renowned organizations such as Vodafone, CPA Global, Timex, KPMG, and PWC, along with his involvement in dynamic startups and entrepreneurial ventures, a release by Socomec said. (August 22, 2024)

 

IMP Powers Ltd, which was admitted to the Corporate Insolvency Resolution Process (CIRP) of the National Company Law Tribunal (NCLT) in March 2022, has been acquired by Mr. Rakesh Ramanlal Shah, in consortium with Electrify Energy Pvt Ltd, for a consideration of Rs.78 crore. It may be mentioned that in an independent earlier development, Shah along with his HUF relatives and other related entities also took over Gujarat-based Diamond Power Infrastructure Ltd (DIPL), which was also an NCLT case. Media reports indicate that Rakesh Ramanlal Shah is a close relative of Gautam Adani, Chairman, Adani Group. (August 22, 2024)

 

Sharika Enterprises has appointed Shyama Prasad Mukherjee as independent director. Mukherjee is a seasoned industry professional with over 36 years of experience with specialization in hydropower sector. Mukherjee has worked in design & engineering department of NHPC Ltd for over 15 years. Before joining Sharika Enterprises, he was the Regional Executive Director of NHPC and CEO at Lanco Teesta Hydro Power Ltd  (August 22, 2024)

 

Gensol Engineering Ltd has received the letter of award (LOA) for execution of 16 MWp turnkey EPC rooftop solar project worth Rs.40 crore under commercial and industrial (C&I) segment from a leading textile company. This is a repeat order for Gensol, which will be installed in Madhya Pradesh and Gensol will commission the project in six months. The project will utilize high-efficiency Bi-facial solar modules, strategically chosen to maximize energy output and ensure long-term durability, Gensol said in a statement. (August 22, 2024)

 

Advait Infratech Ltd has announced the winning of an order worth Rs.20.33-crore (inclusive of GST) from Dakshin Gujarat Vij Company Ltd. To be completed in 12 months, the turnkey order includes supply, installation, testing and commissioning of 11kV 55 sqmm AAAC medium-voltage covered conductor (MVCC) with its accessories, the company said in a stock exchange communication. (August 21, 2024)

 

RMC Green Energy Pvt Ltd, a subsidiary of RMC Switchgears Ltd, has secured approval from the Rajasthan Renewable Energy Corporation to establish a 50-MW renewable energy park in Rajasthan under the Rajasthan Renewable Energy Policy 2023. This milestone further cements the parent company’s entry into the solar park business, operating as a renewable IPP (Independent Power Producer). RMC is actively pursuing additional tenders exceeding 600 MWp and is engaging with both public and private sector entities to achieve the ambitious goal of securing 1 GWp in EPC contracts over the next 18 months, RMC Switchgears said in a release. (August 20, 2024)

 

GE Grid Alliance B.V. (formerly Alstom Grid Holding B.V) and Grid Equipments Private Limited, being the Promoter Group of GE T&D India Ltd, said that they are in the process of reviewing their shareholding structure of the company, so as to simplify its holding structure and, in this regard, will evaluate and assess their current shareholding in the company including evaluating the possibility of a minority stake sale by them in GE T&D India. However, the Promoter Group expresses its strong intention to continue as the majority shareholder block of GE T&D India. Together, the two entities currently hold 75 per cent equity stake in GE T&D India Ltd. (August 20, 2024)

 

CESC Ltd, in a stock exchange filing, said that it has incorporated, on August 19, 2024, a step-down subsidiary called “Ecofusion Power Pvt Ltd” to explore opportunity in the renewable energy sector. This new company is a wholly-owned subsidiary of Purvah Green Power Pvt Ltd, in turn, a subsidiary of CESC Ltd. (August 20, 2024)

 

A wholly-owned subsidiary of Genus Power Infrastructures Ltd has received three Letter of Awards (LOA) worth totaling to Rs.2,925.52 crore (net of taxes) for appointment of AMISPs including design of Advance Metering Infrastructure (AMI) system with supply, installation and commissioning with FMS of about 3.75 million smart prepaid meters, system meters including DT Meters with corresponding energy accounting on DBFOOT basis. With these recent orders, the company’s total order book, including all SPVs and the GIC Platform, exceeds Rs.24,383 crore (net of taxes), a release by Genus Power said. (August 17, 2024)

 

Recyclekaro is set to launch CleanGreen Metals, a marketplace dedicated to offering a wide array of premium recycled metals. As a new subsidiary of Recyclekaro, CleanGreen Metals will serve both the B2C and B2B markets with an extensive selection of recycled precious and industrial metals. The platform will feature a diverse product range, including gold, silver, palladium, platinum, lithium, cobalt, nickel, aluminium, and copper. With a mission to blend premium quality with sustainability, CleanGreen Metals aims to uphold a strong commitment to environmental stewardship while providing high-purity metals for various uses. (August 16, 2024)

 

Power & Instrumentation (Gujarat) Ltd [PIGL] has received orders aggregating Rs.28.42 crore from Jharkhand Bijli Vitran Nigam Ltd (JBVNL) under Jharkhand’s “Mukhyamantri Ujjawal Jharkhand Yojana (MUJY). These mandates relate to household electrification and other works to be carried out in Shahibganj district of the state, and will be executed in joint venture with Maa Infratech Pvt Ltd, PIGL said in a stock exchange communication. It may be mentioned that in May this year, PIGL was awarded a Rs.20.93-crore contract by Adani Group-backed Ahmedabad International Airport Ltd to build a substation at the Sardar Vallabhbhai Patel International Airport at Ahmedabad. This order is scheduled to complete by September 2024. (August 16, 2024)

 

Diamond Power Infrastructure Ltd, in a stock exchange notification, said that it has received an order from L&T Construction, the construction arm of Larsen & Toubro Ltd, for the supply of AL-59  Zebra conductors, which are new-generation aluminium alloy conductors. The order valued at Rs.40.12 crore (inclusive of GST) is to be  fulfilled by June 2025, the notification said. (August 14, 2024)

 

Gensol Engineering Ltd, in collaboration with Matrix Gas & Renewables Ltd, announced that it has emerged as a winning bidder for 237 MW annual capacity under Production Linked Incentive (PLI) scheme for setting up electrolyser manufacturing plant. This bid was secured through a competitive tender by Solar Energy Corporation of India (SECI).  The Gensol-Matrix consortium has secured a cumulative 300 MW capacity, including a prior 63 MW awarded in the first tranche of the SECI tender that equates to Rs.450 crore cumulative incentive under the PLI scheme. (August 14, 2024)

 

Recyclekaro, the parent company of Evergreen Lithium Recycling Pvt Ltd (a wholly-owned subsidiary), engaged in e-waste and lithium-ion battery recycling, announced its selection as one of the winning companies at the prestigious EU-India Battery Recycling Technologies Matchmaking Event. As one of only three Indian companies chosen, this accolade underscores India’s significant position on the global stage and its steadfast commitment to advancing sustainable and innovative recycling practices. Organized by the EU-India Trade and Technology Council (TTC), the event showcased cutting-edge start-ups from both regions – Europe and India, fostering collaboration and innovation in the battery recycling sector. Recyclekaro distinguished itself with its advanced technology and commitment to circular economy principles, a company release said. (August 13, 2024)

 

Inox Wind Ltd (IWL), in a release, said that it has bagged an order for 51 MW from  Everrenew Energy Private Ltd, a leading C&I player. This is an equipment supply order for IWL’s latest 3-MW wind turbine generators. Additionally, Inox Wind will provide post commissioning multi-year operations and O&M services. The project will be executed in the state of Tamil Nadu. (August 13, 2024)

 

Envision Wind Power Technologies India Pvt Ltd has signed a turbine supply agreement for the EN-156 3.3 MW turbines, aggregating around 116 MW, with Blueleaf Energy, a leading pan-Asian renewable energy platform owned by a fund managed by Macquarie Asset Management. Blueleaf Energy will commence construction on a co-located wind-solar hybrid power project in Madhya Pradesh in 2024, with completion scheduled for 2025, a release from Envision said. (August 9, 2024)

 

The board of directors of Power Grid Corporation of India Ltd (PGCIL), in a meeting on August 8, 2024, approved the appointment of Naveen Srivastava as Director (Operations), PGCIL. This appointment is effective from August 8, 2024 till the date of his superannuation, November 30, 2026, or till further orders, whichever is earlier. Srivastava has been associated with PGCIL since 1991 and has worked in many positions with the company. Srivastava has more than 35 years of work experience in power sector handling various multi-disciplinary functions like planning, construction, monitoring of transmission systems, SCADA, commercial, business development and O&M of EHV transmission system. (August 9, 2024)

 

On August 6, 2024, Harish Dudani was administered Oath of Office and Secrecy by Union power minister as Member, Central Electricity Regulatory Commission (CERC). The Commission consists of a Chairperson and three other Members. Additionally, Chairperson, Central Electricity Authority, is the ex-officio Member of the Commission. Harish Dudani held the post of Principal Judge, Family Court, in High Court of Delhi. Prior to this, he held the charge of District Judge (Commercial Court), Additional Session Judge, Special Judge (PC Act) CBI in High Court of Delhi, a government release said. (Augsut 8, 2024)

 

Tata Power has entered into a strategic partnership with Druk Green Power Corporation Ltd (DGPC) of Bhutan for development of the 600-MW Khorlochhu hydropower project, located in Trashiyangtse Dzongkhag (District) in Eastern Bhutan on the Kholongchhu River.  The partnership involves 40 per cent equity investment by Tata Power in the public private partnership company, Khorlochhu Hydro Power Ltd. The estimated project cost is Rs.6,900 crore with a construction timeline of five years. All the statutory approvals are in place for construction work to start immediately. (August 7, 2024)

 

Servotech Power Systems Ltd has secured a total of 1.2 MW order worth approximately Rs.10.20 crore for the deployment of solar energy storage and grid-connected systems. The order has been secured from the Rural Development Department of Uttar Pradesh and Uttar Pradesh New & Renewable Energy Development Agency (UPNEDA).  Servotech will be responsible for installing multiple 75kW solar-based energy storage systems, as well as for designing, manufacturing, supplying, erecting, testing and commissioning 20 kW and 40 kW grid-connected solar power systems, across Uttar Pradesh. (August 7, 2024)

 

Inox Wind Ltd has bagged an order for 201 MW from Integrum Energy Infrastructure Ltd, a leading C&I player. This is an equipment supply order for IWL’s latest 3-MW wind turbine generators (WTGs). Additionally, Inox Wind will provide post commissioning multi-year operations & maintenance (O&M) services. The project will be executed across four states, namely Madhya Pradesh, Rajasthan, Karnataka and Maharashtra. (August 6, 2024)

 

The IITM Research Park, on August 5, 2024 launched the first-of-its-kind large-scale 1MWh lithium-ion battery storage system in the presence of Michelle Lujan Grisham, Governor of New Mexico on August 5, 2024. This technology, indigenously designed and developed by the Center for Excellence in Energy & Telecommunications (CEET) is a part of IITM Research Park’s 10x initiative, ‘Towards 100% Renewable Energy’. (August 5, 2024)

 

ANDRITZ announced that it has won an order from RVR Projects Pvt Ltd to supply generating units for the new Boras hydropower project in India. ANDRITZ will also oversee comprehensive technical services including supervision, installation, and commissioning of these The Boras project forms an integral part of the Chinki Boras barrage combined multipurpose project, undertaken by the Narmada Valley Development Authority (NVDA) under the Government of Madhya Pradesh, through an EPC contract. RVR Projects Pvt Ltd, based in Visakhapatnam, has been awarded the EPC contract for this ambitious venture. (August 5, 2024)

 

Power Grid Corporation of India Ltd (PGCIL), in a stock exchange filing, said that it received the letter of intent as successful bidder for an ISTS-TBCB scheme ““Transmission system strengthening for interconnections of Bhadla-III & Bikaner-III Complex,” on August 1, 2024. The project comprises 765kV double-circuit transmission line interconnecting Bhadla-III and Bikaner-III substations and associated bays extension works at these substations in Rajasthan. (August 2, 2024)

 

Adani Electricity recently launched “MyWork” app to expedite the resolution of customer complaints and inquiries. Designed for field workers, the app empowers employees to efficiently manage a wide range of tasks, including planning and distribution, execution, closure, asset patrolling/inspection, safety functions, and GIS integration to achieve faster closure of consumer request. The app streamlines the entire process, from work assignment and progress tracking to customer feedback. It provides a seamless experience for both field workers and customers by offering a centralized platform for managing tasks and delivering updates on job completion, Adani Electricity said in a release. (August 1, 2024)

 

Grew Energy has announced the appointment of Rosette Soares as its new Head of Marketing and Communications. In her new role, Rosette will oversee branding, marketing, corporate communications, and events on a global scale. Rosette brings nearly 20 years of experience in managing marketing communications, branding, and digital marketing. She has a proven track record in driving marketing, corporate communications and strategic marketing initiatives across various industries, including textile manufacturing, hydrocarbon engineering, cryogenic manufacturing, and retail consumer brands. (July 29, 2024)

 

REC Ltd informed that “Khavda II-D Transmission Ltd” has now ceased to be a subsidiary of REC/RECPDCL as the entity stands dissolved and has had its name struck off from the Registrar of Companies (RoC). Khavda II-D Transmission was incorporated as a wholly-owned subsidiary of REC Power Development & Consultancy Ltd (RECPDCL), in turn a wholly-owned subsidiary of REC Ltd, for development of an ISTS-TBCB scheme “Transmission system for 4.5 GW RE injection at Khavda PS Under Phase II, Part D.” This scheme now stands de-notified by the Union power ministry leading to the project special purpose vehicle “Khavda II-D Transmission Ltd” becoming defunct. (July 29, 2024)

 

JSW Neo Energy Ltd, a wholly-owned subsidiary of JSW Energy Ltd has received a letter of intent (or “LoI”) from Gujarat Urja Vikas Nigam Ltd for setting up 192 MW grid-connected hybrid power project, including an additional 96 MW under the green shoe option.  The capacity is awarded against tariff based competitive bid invited for setting up of 500 MW grid-connected hybrid power projects (Phase II) along with a green shoe option for additional capacity up to 500 MW, JSW Energy said in a release. (July 29, 2024)

 

Gensol Engineering Ltd has received notification of award for the engineering, design, procurement, erection, testing & commissioning for a Rs.463-crore solar plant at Khavda RE Power Park, Rann of Kutch, Gujarat. The project will be equipped with fixed tilt module mounting structure along with remaining balance of system, a release from Gensol said. (July 29, 2024)

 

Bharat Heavy Electricals Ltd (BHEL) has formally announced that it has won the letter of intent from Damodar Valley Corporation (DVC) for EPC package for the 2×800-MW Koderma Thermal Power Station (Phase-II) project at Koderma district, Jharkhand. The order valued at over Rs.10,000 crore (excluding taxes) involves (i) Supply of equipment – boiler, turbine, generator and associated auxiliaries along with electrical and C&I, balance of plant packages (ii) erection & commissioning and (iii) civil works. (See older related story) (July 26, 2024)

 

SJVN has received a letter of intent from Mizoram government for development of the 2,400-MW Darzo Lui pumped storage project, marking the company’s maiden project in the northeastern state. SJVN will develop the project costing around Rs.14,000 crore under the nomination route. The upper reservoir is proposed on a minor stream of Hnahchanglui Nallah in Koladyne Tuipui River near Village South Vanlaiphai of District Hnahthial. The lower reservoir is proposed in Darzo Nallah around 5.5 km upstream of the confluence with Tuipui river near Vertek village. (July 26, 2024)

 

KEC International has won Rs.1,422 crore worth of domestic and overseas orders related to power T&D, the company said in a release. While Power Grid Corporation of India Ltd has placed orders for 400kV and 765kV transmission lines, orders for substation structures were received from USA. KEC’s cumulative order inflows in FY25 so far have crossed Rs.7,500 crore, the release said. (July 24, 2024)

 

Gensol Engineering Ltd has emerged as winning bidder for EPC works worth around Rs.600 crore for solar projects in Gujarat, distributed across 27 diverse locations in the distribution area of state discom Paschim Gujarat Vij Company Ltd. These projects aim for feeder-level solarisation and are anticipated to be operational within 12 months following the issuance of the letter of award, Gensol said in a release. (July 23, 2024)

 

Tata Power Renewable Energy Ltd has signed an MoU with NHPC Renewable Energy Ltd (NHPC-REL) to spearhead the installation of rooftop solar projects across government buildings of Central Ministries, States, and Union Territories. This initiative, under the ambitious PM Surya Ghar Yojna Scheme, aims for 100 per cent  solarisation of government-owned buildings by December 2025. It may be noted that the Union Ministry of New & Renewable Energy (MNRE) has appointed NHPC Ltd as a Scheme Implementing Partner (SIP) to drive rooftop solar projects, which will be carried out by its wholly-owned subsidiary, NHPC-REL. (July 19, 2024)

 

Advait Infratech Ltd has received an order valued at Rs.35.07 crore (excluding GST) from Power Grid Corporation of India Ltd (PGCIL) for design, engineering, supply, testing, service and commissioning of OPGW cable at Ladakh. This OPGW live line installation contract is scheduled for completion in 24 months, Advait Infratech said in a stock exchange filing. (July 18, 2024)

 

The board of directors of Bajaj Electricals Ltd, in its meeting of July 17, 2024, accepted the resignation of Anuj Poddar, MD & CEO, Bajaj Electricals Ltd and as a member of the company’s board. Poddar will be relieved of his duties effective September 30, 2024, Bajaj Electricals said in a stock exchange communication. (July 17, 2024)

 

Waaree Renewable Technologies Ltd (WRTL) announced its selection by ISMT Ltd, a Kirloskar group company, for the comprehensive turnkey EPC works for a 22 MW AC / 30 MWp DC ground-mounted solar project. This project will be located in Village Helas, Taluka Mantha, District Jalna, Maharashtra.  The project includes supplying bifacial solar modules, acquiring land, and overseeing the full construction and commissioning of the solar plant. The project also involves installing evacuation infrastructure at plant and substation levels, establishing the required transmission line, and securing all statutory approvals for seamless operations. (July 16, 2024)

 

Hartek Group has announced the winning of 765kV substation orders from Power Grid Corporation of India Ltd. These substations – coming up at Indore (Madhya Pradesh) and Kurnool (Andhra Pradesh) – will be commissioned in the stipulated timeframe of 14-20 months, a release by Hartek said. Besides, Hartek Group also recently won a Rs.474-crore EPC order from a renewable energy IPP, the release said, without providing further details. (July 16, 2024)

 

TECNIMONT (Integrated E&C Solutions), through its Indian  subsidiary Tecnimont Pvt Ltd (TCMPL), together with NEXTCHEM (Sustainable Technology Solutions),has been awarded an Engineering Design Study (first phase of the Front-End Engineering Design contract by Sembcorp Green Hydrogen India Pvt Ltd for a green ammonia plant to be located in India. The study will leverage NEXTCHEM’s digital tool ArcHy (Architecture of Hydrogen systems), to overcome the challenge of the intermittency of renewable power usage, resulting in capex and opex efficiency of the plant lifecycle. (July 15, 2024)

 

PTC India Financial Services Ltd, in a stock exchange communication, said that R. Balaji has joined the company as Managing Director & Chief Executive Officer, effective July 12, 2024. He has over 27 years of experience in building businesses and brands, the communication said, adding that he was with the Mahindra Group for over 17 years in various leadership roles, and was also on the Board of a few companies. (July 13, 2024)

 

Power Finance Corporation Ltd (PFC) has announced the appointment of Sandeep Kumar as Director (Finance) on PFC’s board of directors, effective July 11, 2024. Prior to this new role, Sandeep Kumar was Executive Director (Finance) at PFC and also held the position of Chief Financial Officer, since January 1, 2020. He holds a Bachelor’s degree in Commerce (Honours) and is a Fellow Member of the Institute of Chartered Accountants of India, and has a career spanning 34 years. (July 12, 2024)

 

Kalpataru Projects International Ltd (KPIL), along with its joint ventures and international subsidiaries, has won new orders worth Rs.2,995 crore including overseas orders in the power T&D space. These orders have taken the company’s cumulative order inflows in FY25 (up to July 11, 2024) to Rs.6,178 crore, KPIL said in a statement. (July 11, 2024)

 

Power Grid Corporation of India Ltd (PGCIL), in a board meeting on July 10, 2024, approved the company’s fund raising plan as outlined in this T&D India news story. (July 11, 2024)

 

Advait Infratech Ltd has reported the winning of two orders, both from KPI Green Energy Ltd, for an aggregate value of Rs.72.69 crore. The first order, valued at Rs.59 crore and to be completed in nine months, is for design, engineering, supply, testing, service and commissioning of a 30-MW ground-mounted solar power plant at Khavda in Gujarat. The second order relates to EPC works of a 1-MW green hydrogen plant at Matar, also in Gujarat. (July 10, 2024)

 

Godrej Electricals & Electronics, a business unit of Godrej & Boyce, announced the commissioning of 12.5-MWp rooftop solar project for a textile facility in Madhya Pradesh. This installation spans over 1 million sqft of large manufacturing sheds, making it one of the three largest rooftop installations in India and the largest in Madhya Pradesh, a company release said. (July 9, 2024)

 

Diamond Power Infrastructures Ltd (DIPL) has received an order valued at Rs.899.75 crore (including GST) for the supply of AL59 aluminium alloy conductors from Adani Energy Solutions Ltd (AESL). These conductors are to be deployed at various project SPVs of AESL that are implementing power transmission projects under the TBCB route. The order is to be completed by April 2025, DPIL said in a stock exchange filing. (July 9, 2024)

 

L&T Semiconductor Technologies Ltd, a wholly-owned subsidiary of Larsen & Toubro, has proposed to fully acquire Bengaluru-headquartered Siliconch Systems Pvt Ltd. The acquisition is expected to be completed by September 15, 2024. The acquisition is expected to add IP, engineering skillsets and design expertise to strengthen the L&T Group’s presence in fabless semiconductor business, and thus aligns with the overall growth strategy of LTSCT, L&T said in a stock exchange filing. Incorporated in April 2016, SiliConch specializes in the development/design of semiconductor intellectual property and integrated circuits. (July 9, 2024)

 

Inox Wind Ltd has bagged an order for 200 MW from a renewable C&I power producer. The order is for IWL’s latest 3-MW wind turbine generators and the scope comprises of end-to-end turnkey execution. Additionally, Inox Wind will provide post commissioning multi-year O&M services. The project will be executed across the states of Gujarat and Rajasthan, Inox Wind said. (July 9, 2024)

 

Advait Infratech Ltd has incorporated a wholly-owned subsidiary “Advait Energy Holding AS” in Norway. The objective of the company, incorporated on July 4, 2024, is strategic collaboration and investments, services, marketing, manufacturing and exchanging technical know-how in the space of the green hydrogen ecosystem, Advait Infratech said in a stock exchange filing. (July 9, 2024)

 

Diamond Power Infrastructure Ltd has reported the winning of orders worth Rs.409 crore (inclusive of GST) from Adani Green Energy Ltd (AGEL). The orders entail supply of various LV/MV cables to AGEL by December 2024. (July 8, 2024)

 

HPL Electric & Power Ltd, in a stock exchange communication, said that it has signed an MoU with Guangxi Ramway Technology Co. Ltd, China for local manufacturing under phased manufacturing/technical tie-up/procurement for the assembly of relay/latching relays in India. No further details were provided. (July 8, 2024)

 

Waaree Renewable Technologies Ltd (WRTL), a subsidiary of Waaree Energies Ltd, has been awarded an EPC contract for ACCIONA Energy’s subsidiary Juna Renewable Energy Pvt Ltd’s 412.5 MWp/335 MW photovoltaic project located in Kawani village of Bikaner district, Rajasthan. As EPC contractor, WRTL will provide comprehensive services, including design engineering, procurement, construction, and commissioning of the project. The scope includes the installation of a 33/220kV plant substation, power transformers, and a combination of automatic and semi-automatic module cleaning robots and spares. (July 8, 2024)

 

GE Power India Ltd (GEPIL) has won an order worth Rs.1.87 crore (exclusive of 18 per cent GST) from NTPC for supply of main turbine spares to NTPC’s Talcher power plant in Odisha. The order is scheduled for completion in 9.5 months GEPIL said in a stock exchange communication. (July 8, 2024)

 

The board of Indian Energy Exchange (IEX) has elevated Rohit Bajaj, currently Executive Director (non-board), IEX, to Joint Managing Director for a period of three years effective August 10, 2024. Also, Satyanayaran Goel, Chairman & Managing Director, IEX, will be attaining 70 years of age on August 10, 2024, and as such, will see his term as MD ending on August 9, 2024. However, the IEX board has agreed to re-appoint Goel as CMD for a period of three years starting August 10, 2024. Both these proposals are subject to approval from shareholders. (July 8, 2024)

 

Central Electricity Regulatory Commission (CERC) has granted transmission licence to KPS1 Transmission Ltd for an augmentation project that it would be developing under the RTM route. The licence will remain in force for a period of 25 years, CERC ruled in a recent order. On June 19, 2024, T&D India had reported that KPS1 Transmission Ltd was seeking transmission licence for the RTM project under discussion. (July 5, 2024)

 

Advait Infratech Ltd, in a stock exchange notification, said that it has received the letter of intent for an order worth Rs.158.90 crore (excluding GST), for site survey, designing, engineering, procurement, supply, loading, transportation, unloading, insurance, delivery at site, handling, storage, installation, testing, commissioning including documentation of all items/material required to complete works for turnkey-based contract of 11kV medium voltage covered conductor (AL59 ACS) in Gujarat. (July 5, 2024)

 

Central Electricity Regulatory Commission (CERC) has directed Powergrid Koppal II Gadag II Transmission Ltd to file a public notice and submit objections/suggestions if any by July 16, 2024, in connection with grant of transmission licence. The matter will come up for next hearing on July 22, 2024. The said TSP is a wholly-owned subsidiary of PGCIL and has won an ISTS scheme “Transmission scheme for integration of Renewable Energy Zone (Phase-II) in Koppal-II (Phase-A & B) and Gadag-II (Phase- A) in Karnataka” that it won under the TBCB mode. (July 4, 2024)

 

Alfa Transformers Ltd has received a Rs.1.99-crore order from TP Northern Odisha Distribution Ltd for design, manufacture and supply of 100KVA transformers. The transformers are to be supplied within 120 days from the date of receipt of order, Alfa Transformers said in a stock exchange filing. (July 4, 2024)

 

Rail Vikas Nigam Ltd, in a stock exchange communication, said that it has emerged as L1 bidder in a tender issued by Central Railway for OHE modification work for up-gradation of existing 1 x 25kV electric traction system to 2x25kV AT feeding system in Wardha-Ballarshah Section in Nagpur division. The contract, valued at Rs.132.59 crore, is scheduled for completion in 24 months. (July 3, 2024)

 

Jakson Green has signed its first power purchase agreement (PPA), the company said in a release. The 25-year PPA was signed with Central PSU NHPC Ltd and was with respect to 400 MW of solar capacity that Jakson Green won at a tariff of Rs.2.53 per kwh, in a competitive bidding process conducted by NHPC last year. The project is scheduled for commissioning within 24 months of signing the PPA. (July 3, 2024)

 

BluPine Energy announced the completion of its skill development initiative aimed at upskilling the local youth of Gujarat in the utility-scale renewable energy sector. After a successful assessment by an external agency, 140 students were awarded certificates under the Skill India program of the National Skills Development Corporation of India. The development centres established by BluPine Energy as part of a social investment program in Gujarat trained students in the installation and operation of utility-scale renewable energy projects free of cost, a statement by BluPine Energy said. (July 3, 2024)

 

KEC International reported the winning of new orders worth Rs.1,017 crore, taking the company’s cumulative order inflow in FY25 to over Rs.5,000 crore. The new orders included an EPC project and supply of towers to the Middle East. Besides, the company’s renewable energy business won a balance-of-system package for a 625-MWp solar PV project in Rajasthan. This is KEC’s largest solar power-related order till date, the company said. (July 3, 2024)

 

Bharat Heavy Electricals Ltd (BHEL), in a stock exchange notification, said that it has initiated three new arbitration cases against state power utility Rajasthan Rajya Vidyut Utpadan Nigam Ltd (RUVNL) for releasing contract-related outstanding dues. The total amount in dispute is around Rs.107.50 crore and is with respect to contracts relating to the Chhabra, Kota and Suratgarh thermal power generation units of RUVNL. (July 2, 2024)

 

TD Power Systems Ltd has received an overseas order worth $9.28 million for gas turbine generators from a major US Original Equipment Manufacturer. These generators will be used primarily in fracking (hydraulic fracturing) wells in the US, for power supply and backup power for artificial intelligence server farms in the US, and other applications. Delivery of these generators is scheduled to commence from January 2025 to August 2025, the company said in a stock exchange communication. (July 2, 2024)

 

NTPC Vidyut Vyapar Nigam Ltd (NVVNL) has achieved electricity trading volume of 11.5 billion kwh in Q1 (April to June) of FY25. This was 43 per cent higher than the comparable level a year ago, NTPC, the holding company of NVVNL, said in an official post on X. (July 2, 2024)

 

Waaree Energies Ltd has announced the receipt of a contract from Serentica Renewables India Pvt Ltd for a 900-MW module supply deal. The modules will be deployed in a project located in Fatehgarh, Jaisalmer, Rajasthan. The delivery schedule for these Top-Con bifacial modules is set from August 2024 to February 2025. This deal involves the provision of the Waaree Elite Series N Type Topcon BiN-03-680 to 690Wp GTG Bifacial modules. (July 1, 2024)

 

The board of REC Ltd has approved the formation of two project special purpose vehicles, as wholly-owned subsidiaries of its wholly-owned subsidiary REC Power Development & Consultancy Ltd (RECPDCL). These two SPVs will be created to develop two ISTS schemes – “Transmission System for evacuation of power from Rajasthan REZ Ph-IV (Part 4: 3.5 GW): Part A” and “Transmission System for evacuation of power from Rajasthan REZ Ph-IV (Part 4: 3.5 GW): Part B”. RECPDCL, as the bid process coordinator, will select developers under the TBCB mechanism, and then transfer these SPVs to the successful bidders. (June 29, 2024)

 

GE Power India Ltd (GEPIL) has won a Rs.6.07-crore order from NTPC Ltd for servicing of generator, to be completed in six months. GEPIL also reported the winning of a Rs.5.99-crore order from state utility Maharashtra State Power Generation Company Ltd for supply of reheater rear pendent coils assembly for Unit 3 and Unit 4 of the Khaparkheda thermal power station. This order is scheduled to complete between 9 and 13 months, GEPIL said in a stock exchange communication. (June 29, 2024)

 

Surya Roshni Ltd, in a stock exchange communication, said that it has received an order worth Rs.53 crore (including GST) from Odisha Infrastructure Development Fund for implementation of LED-based public street lighting in 16 urban local bodies covering the Balasore, Jajpur, Keonjhar and Mayurbhanj districts of the state. The contract is expected to be completed in three months from the date of supplemental letter of award, the company said. (June 29, 2024)

 

JSW Neo Energy Ltd, a wholly-owned subsidiary of JSW Energy Ltd has received letter of award for setting up 300-MW ISTS-connected wind-solar hybrid power project from SJVN Ltd against tariff-based competitive bid invited for setting 1,500 MW of ISTS-connected wind-solar hybrid power projects. Subsequent to this, the JSW Neo’s total locked-in capacity increases to 13.9 GW. The company expects to have an installed generation capacity of 9.8 GW by CY24, up from 7.3 GW currently. (June 29, 2024)

 

The board of Sharika Enterprises has approved the acquisition of 60 per cent equity stake in 1988-incorporated company Contronics Switchgear India Pvt Ltd. Sharika’s objective behind this acquisition is to expand the company’s portfolio by adding the expertise of Contronics in electrical panel manufacturing, Sharika said in a stock exchange filing. (June 29, 2024)

 

NHPC has signed a power purchase agreement (PPA) with Gujarat Urja Vikas Nigam Ltd (GUVNL) on June 27, 2024, for 200 MW capacity solar power project within GSECL’s RE Park at Khavda (GSECL Stage-3). The estimated financial implication for the project would be Rs.846.66 crore. The scheduled completion period for the project is 15 months from the date of execution of PPA. (June 28, 2024)

 

ENGIE has announced the signing of a power purchase agreement (PPA) for a 200-MW solar PV project. This project is part of Gujarat Urja Vikas Nigam Ltd’s (GUVNL) larger project encompassing 1,125 MW grid-connected solar PV power projects, to be established within the Gujarat State Electricity Corporation’s Renewable Energy Park situated at Khavda, Gujarat. The bidding process by GUVNL took place on February 2, 2024, with ENGIE securing 200 MW at a competitive tariff of Rs.2.62 per unit. (June 28, 2024)

 

JSW Neo Energy Ltd, a wholly-owned subsidiary of JSW Energy Ltd, has signed power purchase agreements through its subsidiaries for wind and solar projects with a cumulative capacity of 1,325 MW. This includes 1,025 MW with Solar Energy Corporation of India (SECI) and 300 MW with Gujarat Urja Vikas Nigam Ltd (GUVNL), bringing the total locked-in capacity of the company to 13.6 GW. (June 27, 2024)

 

Powergrid Parli Transmission System Ltd (PPTL) has received separate transmission licence from Central Electricity Regulatory Commission (CERC) for implementation of a scheme under the regulated tariff mechanism (RTM) route. The Rs.18-crore project estimated to cost around Rs.18 crore involves setting up a 400kV line bay at the 765/400kV Parli (New) substation for interconnection of renewable energy project. The said substation was commissioned by PPTL in April 2018 under an independent ISTS-TBCB scheme. (June 26, 2024)

 

Waaree Renewable Technologies Ltd has announced the winning of a Rs.4,122-crore contract from an unnamed entity to develop a floating solar power plant with aggregate installed capacity of 1,090 MWp (DC). The project is scheduled to be completed in the ongoing fiscal year FY25, WRTL said in a stock exchange communication. (June 26, 2024)

 

Socomec has announced the appointment of Sankaran Subramanian as the new Deputy General Manager, Operational Marketing Manager for Power Switching and Monitoring Products. In his new position, Sankaran will manage operational marketing, lead product development, and drive strategic initiatives to promote business growth. Sankaran brings over 16 years of extensive experience in product marketing, business development, key account management, end-to-end solution selling in electrical products and systems. His career highlights include handling product life cycle management for LV power distribution products such as EV Chargers, LV Panels, ACB, MCCB, and control gear, a release from Socomec said. (June 25, 2024)

 

Amara Raja Advanced Cell Technologies Pvt Ltd (ARACT), a wholly-owned subsidiary of Amara Raja Energy & Mobility Ltd (ARE&M), has signed a technical licensing agreement with GIB EnergyX Slovakia s.r.o., a subsidiary of Gotion High-Tech Co Ltd. As part of the agreement GIB EnergyX will license Gotion’s world class LFP technology for lithium-ion cells to ARACT. This comprehensive agreement enables Amara Raja to manufacture world class LFP cells in both cylindrical and prismatic form factors. The scope of licensing provides access to cell technology IP, support in establishing Gigafactory facilities conforming to latest generation process technologies, integration with Gotion’s global supply chain network for critical battery materials, and customer technical support for solution deployment. (June 24, 2024)

 

Siemens Ltd, in a stock exchange notification, said that Dr. Laurenz Littman has been appointed as General Counsel of the company effective July 1, 2024. He will replace Hanno Kunkel who will be taking up a new role with Siemens overseas.  Dr Littmann is a lawyer and legal manager with more than 20 years of professional experience both in corporate and commercial law. In the past 10 years, he held leadership positions in the legal department of Siemens. Before joining Siemens, he was a corporate lawyer in an international law firm based out of Frankfurt, Germany and New York, the notification said. (June 24, 2024)

 

Waaree Energies Ltd has been awarded a major contract by ACCIONA Energy’s subsidiary Juna Renewable Energy Pvt Ltd, to supply its bifacial solar modules for the 412.5 MWp/335 MW AC project in Rajasthan. The date of commissioning of the said project is in March 2025.  The project, located in Kawani village, Bikaner district, is a utility-scale solar plant that will deploy Waaree’s P-type bifacial modules with a capacity of 540-545 Wp each, Waaree Energies said in a release. (June 24, 2024)

 

Welspun Specialty Solutions Ltd, in a stock exchange notification, said that it has been notified as L1 bidder by Bharat Heavy Electricals Ltd (BHEL), Trichy, for the supply of seamless stainless steel boilers tubes to be deployed at NTPC’s 2×660-MW Talcher supercritical thermal power project in Odisha. The total supply contract value is around Rs.117 crore (including GST), the notification said. (June 23, 2024)

 

Rail Vikas Nigam Ltd (RVNL) has emerged L1 in a Rs.191.54-crore contract of South Eastern Railway. To be completed in 18 months the EPC contract involves design, supply, erection, testing and commissioning of 132kV traction substation, sectioning posts, sub-sectioning posts in 2x25kV system on Rajkharsawan Nayagarh-Bolani section of Chakradharpur division of South Eastern Railway, RVNL said in a stock exchange communication. (June 22, 2024)

 

JSW Neo Energy Ltd, a wholly-owned subsidiary of JSW Energy Ltd has received Letter of Award for setting up a 300-MW ISTS connected wind-solar hybrid power project from Solar Energy Corporation of India Ltd against tariff-based competitive bid invited for setting up 1,200 MW ISTS-connected wind-solar hybrid power projects (Tranche VIII). Subsequent to this capacity award, the company’s total locked-in capacity increases to 13.6 GW. The Company expects to have an installed generation capacity of 9.8 GW by CY24, up from 7.3 GW currently. (June 22, 2024)

 

Bharat Heavy Electricals Ltd (BHEL), in a stock exchange communication, announced that Rajesh Kumar Dwivedi has assumed the charge of the post of Director (Finance), BHEL. Dwivedi has also been appointed as the company’s Chief Financial Officer, the communication said, adding that his appointment is effective June 19, 2024. (June 21, 2024)

 

Gensol Engineering Ltd has received the second tranche under greenshoe option allotment of 250 MW/500 MWh from Gujarat Urja Vikas Nigam Ltd (GUVNL) for standalone battery energy storage systems (BESS) project to reach 500 MW / 1,000 MWh. The two project tranches will generate a total revenue of Rs.2,685 crore over the 12-year Battery Energy Storage Purchase Agreement (BESPA) tenure. The project will supply electricity on an “On-Demand” basis to Gujarat state discoms during peak and off-peak hours. The project, once commissioned at two Gujarat Energy Transmission Corporation (GETCO) substations, will deliver 500 MW/1,000 MWh energy for two charge/discharge cycles per day. (June 20, 2024)

 

Power Grid Corporation of India Ltd (PGCIL), in a stock exchange filing, said that Lalit Bohra, Joint Secretary, Union ministry of new & renewable energy (MNRE), has been appointed as Part-time Director (Government Nominee) on the board of PGCIL, effective June 18, 2024. As Joint Secretary, MNRE, Bohra is currently looking after wind energy (including offshore wind energy) and power transmission systems, including green energy corridors, the filing said. (June 19, 2024)

 

Vikram Solar has secured a 393.9 MWp module supply order for NLC India Ltd at GSECL’s Solar Park (Stage 2) in Khavda, Gujarat. This landmark order brings Vikram Solar’s total PV module supply contract to the Khavda Solar Park to over 1 GW, the company said in a release. This 393.9-MW order will be fulfilled with ALMM-listed 580Wp and n-Topcon bifacial modules, Vikram Solar said.  (June 18, 2024)

 

AM Green (formerly Greenko ZeroC) has received CertifHy EU RFNBO pre-certification for its green ammonia project in Kakinada. This marks a significant milestone for AM Green and is an acknowledgment of India’s green hydrogen and ammonia potential. AM Green will be the first company to achieve this milestone for projects based out of India. This pre-certification puts AM Green in a leading position to unlock the EU RFNBO market, a firm advantage as the company sets out to develop one of the world’s largest green ammonia facilities in Kakinada. By 2030, its production capacity will increase from one to 5 million tonnes per annum of green ammonia–equivalent to 1 million tonne per annum of hydrogen, a release from AM Green said. (June 17, 2024)

 

Central Electricity Regulatory Commission (CERC), in recent orders, has granted transmission licence to Koppal-Narendra Transmission Ltd and Gadag Transmission Ltd for two ISTS schemes under the RTM route. Both these SPVs are subsidiaries of ReNew Transmission Ventures Pvt Ltd. The two RTM components, as described in T&D India’s news report of March 20, 2024, are associated with capacity augmentation at the Koppal and Gadag pooling stations, respectively. (June 15, 2024)

 

Gensol Engineering Ltd has emerged as a successful bidder a 250-mw (500 MWh) battery energy storage project worth Rs.1,340 crore, in a tender floated by Gujarat Urja Vikas Nigam Ltd.  The project will deliver 250 MW/500 MWh energy for two charge/discharge cycles per day. The project will supply electricity on an “On-Demand” basis to Gujarat state discoms during peak and off-peak hours, thereby extending renewable energy availability beyond solar hours, fulfilling Energy Storage Purchase Obligations, and enhancing grid resilience. As part of this project, Gensol will provide state-of-the-art energy storage solutions combined with advanced energy management systems.  (June 14, 2024)

 

Advait Infratech Ltd reported the winning of two orders from Gujarat Energy Transmission Co Ltd (GETCL) for uprating existing 66kV overhead lines with HTLS conductors, and supplying associated equipment. The orders, together valued at Rs.44.14 crore, involve uprating of 70.388 route km of conductors, and are scheduled for completion in six months. (June 14, 2024)

 

Hyderabad-based Bondada Engineering Ltd has been awarded a Rs.939.40-crore order by NLC India Ltd for balance of system (BoS) work related to NLC India’s upcoming 600-mw grid-connected solar power plant at Khavda in Gujarat. The contract, to be completed within 15 months, also includes three-year operations & maintenance (O&M), post commissioning. (June 12, 2024)

 

The board of directors of National High Power Test Laboratory Pvt Ltd (NHPTL) has approved the transfer of around 131.64 lakh equity shares held by NHPC Ltd in NHPTL to Power Grid Corporation of India Ltd (PGCIL). Consequent to this, the shareholding of NHPC in NHPTL will stand reduced to 12.5 per cent from 20 per cent. Accordingly, NHPTL will cease to be an associate company of NHPC Ltd. PGCIL is in the process of increasing its equity stake in NHPTL to 50 per cent, as earlier reported by T&D India.  (June 11, 2024)

 

Suzlon Group has announced a new order win for the development of a 103.95-MW wind power project for AMPIN Energy Transition Pvt Ltd. Suzlon will install 33 wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower and a rated capacity of 3.15 MW each at the client’s site in the Fatehgarh district in Rajasthan. This order is for the company’s larger rated 3.15 MW, S144‐140m turbines from the 3 MW product series. As part of the agreement, Suzlon will supply the wind turbines (equipment supply) and execute the project, including erection and commissioning. Suzlon will also undertake comprehensive O&M services post‐commissioning, Suzlon said. (June 11, 2024)

 

Power Grid Corporation of India Ltd (PGCIL), in a stock exchange filing, said that it has commissioned a project under “Reliable Communications Scheme under Central Sector for Northern Region” with effect from April 1, 2024. The notification for commercial operation (DOCO) was received on June 10, 2024, the filing added without giving any more details. (June 11, 2024)

 

BluPine Energy has announced the signing of a PPA with APL Apollo Building Products for a 61.65-MW solar plant in Chhattisgarh. APL Apollo along with other off-takers will hold a 26 per cent stake under the group captive structure in the SPV of BluPine Energy for this project, taking BluPine’s C&I capacity to about 400 MW. (June 10, 2024)

 

Schneider Electric has launched EcoStruxure for Life Sciences Segment. This technology aims to accelerate the efficiency and decarbonization of the pharmaceutical sector by facilitating the transition to Pharma 4.0. By harnessing digital technologies, EcoStruxure for Life Sciences promises to reduce up to 70 per cent of carbon emissions by leveraging universal automation to develop smart facilities, manufacturing, supply chains, and sustainability, Schneider Electric said in a release. (June 10, 2024)

 

Gensol Engineering Ltd has announced the appointment of that Kuljit Singh Popli as Independent Director (Non-Executive) and Ali Imran Naqvi as Director (Executive) to the Company’s board of directors. Popli has more than 40 years of rich professional experience in India, and has served as CMD, IREDA among other important roles.  Naqvi has more than 14 years of professional experience and has been a valuable team member of Gensol Engineering Ltd right from its inception.  (June 10, 2024)

 

HomeScape by Amplus Solar has announced a strategic partnership with State Bank of India (SBI) to provide convenient financing options for residential solar installations.  This collaboration allows HomeScape customers to secure loans of up to Rs.2 lakh for installations up to 3kW and Rs.6 lakh for installations up to 10kW. HomeScape Solar customers can apply for these loans via the Jan Samarth portal after registering on the PM Surya Ghar portal, Amplus Solar said in a release. (June 10, 2024)

 

KEC International has reported the winning of diversified orders worth Rs.1,061 crore. These orders have taken the company’s cumulative order inflows in FY25 till date, to over Rs.3,000 crore. The orders include power T&D mandates in India and in overseas markets like Malaysia and the Americas. The company’s railway business landed an order from Bengaluru Metro Rail Corporation for setting up a metro rail-related power supply system, among others. The cables business secured a domestic order for supply of transmission conductor, alongside orders for supply of cables in India and abroad. (June 8, 2024)

 

Power Grid Corporation of India Ltd (PGCIL), in a stock exchange communication, said that Ravindra Kumar Tyagi, Chairman & Managing Director, PGCIL, has been entrusted an additional charge of the post of Director (Projects), PGCIL, effective July 1, 2024 for a  period of three months or till regular incumbent takes over the charge or until further orders whichever is earlier, in terms of Ministry of Power (MoP) Office Order dated June 6, 2024. (June 7, 2024)

 

Apraava Energy, in a release, said that it has positively impacted close to 60,000 people from disadvantaged communities across India through its five-year-long solar development program. With people and planet at its core, these initiatives have been implemented in partnership with SELCO, in close to 40 villages and reduced over 130 tonnes of CO2 emissions every year, which is equivalent to planting 6,500 trees per year. From enhancing the safety of young girls in schools to electrifying healthcare centres and creating employment opportunities for differently-abled individuals and women, these community interventions have ensured all-round development, the release said. (June 6, 2024)

 

Vikram Solar has announced its achievement of Top Performer status in PVEL’s esteemed PV Module Reliability Scorecard for 2024. This marks the seventh occasion Vikram Solar has earned this distinction. The company’s PARADEA series, including the 108/120/144Half Cut cell modules, showcased outstanding performance in the rigorous Product Qualification Program (PQP) conducted by PVEL. The modules were subjected to a series of demanding tests, including Thermal Cycling, Damp Heat, Mechanical Stress Sequence, Hail Stress Sequence, Potential Induced Degradation (PID), Light Induced Degradation Plus Light and Elevated Temperature Induced Degradation (LID+LETID), and PAN Performance, a release from Vikram Solar said. (June 6, 2024)

 

Delton Cables, in a stock exchange communication, said that it has received orders from “Top EPC companies” for the supply of cables worth Rs.177.83 crore. These cables, meant for projects envisaged under the Revamped Distribution Sector Scheme (RDSS), are to be supplied over a period of two years, Delton Cables said. (June 4, 2024)

 

Orb Energy has been designated as an approved vendor under State Bank of India’s Surya Shakti Solar Finance Scheme. Under this agreement, SBI will offer solar loans to Orb Energy’s residential, commercial and industrial customers for the installation of rooftop solar systems. For C&I customers, SBI will provide loans of up to Rs.10 crore, with minimum down payment of 20 per cent and extended tenures. For residential customers, SBI offers loans of up to Rs.10 lakh for the installation of solar systems, Orb Energy said in a release. (June 3, 2024)

 

Suzlon Group has announced a new order win for the development of an 81.9-MW wind energy project for Oyster Green Hybrid One Pvt Ltd. Suzlon will install 26 S144-140m wind turbine generators with rated capacity of 3.15 MW each in Agar, Madhya Pradesh. As part of the agreement, Suzlon will supply the turbines and undertaken erection and commissioning. Suzlon will also undertake comprehensive O&M services post-commissioning. (May 31, 2024)

 

Socomec has announced the appointment of Lohithashan Potti as the Deputy General Manager, Operational Marketing of its Power Conversion business in the Greater India region. Lohithashan has over 19 years of experience in the electrical systems, UPS market, solar and energy storage systems. Prior to this, he served as Senior General Manager of Product Management at Reliance Power Electronics Ltd. Prior to this, he held senior roles at Fuji Electric India Pvt Ltd and has a notable history with Socomec itself, having served in various capacities from 2008 to 2016. (May 30, 2024)

 

Suzlon Group has announced a new order win for the development of 551.25 MW wind power project for the Aditya Birla Group. Suzlon will install 175 wind turbine generators (WTGs) with a hybrid lattice tubular (HLT) tower and a rated capacity of 3.15 mw each at sites in the Barmer district in Rajasthan and Bhuj district in Gujarat. This order is for the company’s larger rated 3.15 MW, S144‐140m turbines from the 3 MW product series. As part of the agreement, Suzlon will supply the wind turbines and execute the project, including erection and commissioning, in Rajasthan, while Suzlon will supply, supervise, and commission the project in Gujarat. Suzlon will also undertake comprehensive O&M services post commissioning at both the sites. (May 29, 2024)

 

Madhav Infra Projects Ltd has announced the winning of a Rs.90.35-crore EPC contract from NTPC-SAIL Power Company Ltd (NSPCL) for design, engineering, procurement, construction, installation, commissioning and O&M of a 15-mw floating solar PV plant. To be completed in 12 months, the floating solar plant will be put up at Maroda Reservoir-I of NSPCL in Bhilai, Chhattisgarh, Madhav Infra Projects said in a stock exchange communication. (May 28, 2024)

 

Bharat Heavy Electricals Ltd (BHEL) has entered into a technology transfer agreement (TTA) with Bhabha Atomic Research Centre (BARC) for 50kW alkaline electrolyser system for hydrogen production. The well proven technology offered by BARC is indigenously developed and have high local material content. BHEL through this collaboration with BARC intends to scale up indigenous alkaline electrolyser technology and commercialise it for application in sectors such as refineries, fertiliser, steel, transportation, etc, BHEL said in a statement. (May 28, 2024)

 

Adani Energy Solutions Ltd in a stock exchange notification said that the company’s board of directors, at its meeting held on May 27, 2024, approved raising of funds by way of issuance of equity shares of the company and /or other eligible securities for an aggregate amount not exceeding Rs.12,500 crore by way of Qualified Institutional Placement (“QIP”) or other permissible mode in accordance with the applicable laws, in one or more tranches, subject to the receipt of the necessary approvals. (May 27, 2024)

 

Recyclekaro has announced its registration on the government’s Extended Producer Responsibility (EPR) portal for e-waste recycling. Recyclekaro joins Lohum Cleantech, Attero, and LICO Materials as one of the four registered lithium-ion battery recyclers. Based on its existing recycling capacity, Recyclekaro will help lithium-ion battery and electronics product manufacturers, producers, and importers in India meet their EPR targets. These targets include 4,200 MT for lithium-ion battery recycling and 15,000 MT for e-waste recycling, Recyclekaro said in a release. (May 27, 2024)

 

Capgemini and Schneider Electric have collaborated to help organizations accelerate their journey towards smarter and greener facility management and energy efficiency. This will be achieved through the “Energy Command Centre” solution that has been developed by Capgemini and powered by Schneider Electric. This solution is an integrated and centralized platform to monitor, control and optimize all building assets consuming energy including datacenters or critical environment rooms. The platform combines advanced artificial intelligence (AI), machine learning logics and algorithms, and the Internet of Things (IoT) technologies to measure and predict various metrics like energy intensity, health of critical assets, critical operations, renewable energy generation, and the overall performance across all energy assets. (May 23, 2024)

 

Waaree Energies Ltd, in a release, said that it will be supply 445 mw worth of solar modules to Statkraft India for deployment at the latter’s solar projects in Bikaner, Rajasthan. Waaree Energies will be supplying its 540/545Wp dual-glass bifacial modules, scheduled for delivery between May and August 2024, the release added. (May 23, 2024)

 

Suzlon Group has announced new order wins for the development two wind energy projects aggregating 402 mw, for Juniper Green Energy. Suzlon will install a total of 134 wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower and a rated capacity of 3 mw for both projects at Fatehgarh in Rajasthan. As part of the agreement, Suzlon will supply the wind turbines and execute the project, entailing foundation, erection, and commissioning. Suzlon will also undertake comprehensive O&M services post‐commissioning. (May 22, 2024)

 

Gensol Engineering Ltd has announced the appointment of Ms Shilpa Urhekar as its new Chief Executive Officer (CEO) for Solar EPC (India). Ms. Urhekar will succeed Ali Imran Naqvi who has been nominated for a role to oversee growth of Gensol Engineering Ltd and its subsidiaries. Prior to joining Gensol, Ms. Urhekar served as the Country Head (India) at Sterling and Wilson Renewable Energy Ltd. (SWREL), a release from Gensol Engineering said. (May 21, 2024)

 

Salasar Techo Engineering Ltd, in a stock exchange communication, said that it has completed the acquisition of EMC Ltd, which was under liquidation, as a going concern. This acquisition has been executed in compliance with the terms and conditions outlined in the E-Auction Process Information Document issued by the Liquidator. A Sale Certificate has been issued by the Liquidator in favor of Salasar confirming completion of sale, the communication said. Salasar, in March 2024, had announced that it had received the letter of intent for the acquisition of EMC Ltd.  (May 20, 2024)

 

Vikram Solar has secured a 397.7-MWp module supply order for NTPC Renewable Energy Ltd. In a release, Vikram Solar said that its modules will power a significant portion of the massive 1,255-MW Khavda Solar Project in Gujarat. These bifacial DCR modules will have minimum capacity of 540 Wp and meet ALMM standards. (May 17, 2024)

 

Enfinity Global has signed $135 million in financing for the development and construction of 1.2 GW of solar and wind projects in India. The financing is being provided by Canada Pension Plan Investment Board (CPP Investments) through subsidiaries of CPPIB Credit Investments Inc.  The projects in this portfolio are spread across five states — Maharashtra, Delhi, Karnataka, Rajasthan and Uttar Pradesh — and are in advanced stages of development and. These are expected to be commissioned between 2025 and 2026. Once interconnected, they are projected to generate 2.4 GWh of clean electricity annually. (May 16, 2024)

 

Following its acquisition by Germany-based WIKA Group in 2014, the name of Micro Precision Product Pvt Ltd has been changed to WIKA Process Solutions India Pvt Ltd. The new name is effective April 22, 2024. With the strategic move, the company aims to play a leading role in advancing the Indian measurement instrumentation market, an official release said. (May 16, 2024)

 

Amplus announced the successful commissioning of its 73.4 MWp Project Lakshmi, an intra-state open-access solar plant in Jhansi, Uttar Pradesh, the company’s third OA plan in the northern state following Project Mirza and Project Deoria. This latest project has taken Amplus’s operational OA capacity in Uttar Pradesh to over 200 MWp. Interconnected at the 132kV Gursarai substation, Project Lakshmi will deliver substantial energy cost savings to Amplus’s clientele across the state, a release by Amplus said. (May 14, 2024)

 

Socomec has joined hands with PIMA Controls Pvt Ltd to further strengthen its presence in the Gujarat market. In a release, Socomec said that by leveraging PIMA Controls’ expertise and local market knowledge, Socomec aims to enhance its ability to deliver cutting-edge technology and expertise in efficient and reliable power solutions, leading to infrastructural development in Gujarat. This partnership will enable PIMA Controls to offer Socomec’s power conversion, power switching, and monitoring products across Gujarat, the release said. (May 13, 2024)

 

NTPC Green Energy Ltd (NGEL) and Mahatma Phule Renewable Energy and Infrastructure Technology Ltd have signed an MoU for development of renewable energy. The MoU envisages the joint development of grid-connected renewable energy park and projects including solar, wind, hybrid etc. and/or solutions thereof up to 10 GW in the state of Maharashtra. (May 9, 2024)

 

Gensol Engineering Ltd has announced that Rajesh Jain has been appointed as a new independent director to the company’s board of directors. Jain is currently the member of the Governance Council and Chairman of the Audit Committee at the Shiv Nadar Foundation. He recently retired as senior partner at Walker Chandiok & Co LLP, a large and well-known Chartered Accountant Firm after serving them for over 20 years. Jain has more than 45 years of professional experience and through his career he has held several senior management positions at various organisations across India, Malawi and Zambia, a release by Gensol said. (May 9, 2024)

 

Central Electricity Regulatory Commission (CERC) has granted licence to Fatehgarh IV Transmission Ltd, a subsidiary of Apraava Energy, to develop a transmission project costing Rs.11.74 crore on regulated tariff mechanism (RTM) basis. This project, to be commissioned by February 1, 2025, involves development of one set of bus sectionalizer at 220kV level of 400/220kV Fatehgarh-IV Pooling Station (Section-1) in Rajasthan. Fatehgarh IV Transmission Ltd is already developing an ISTS-TBCB scheme officially termed as “Transmission system for evacuation of power from REZ in Rajasthan (20 GW) under Phase III-Part A1”. (May 7, 2024)

 

Waaree Energies Ltd has announced the appointment of Amit Paithankar as its new Chief Executive Officer (CEO). In his new role, Paithankar will strive to utilize his experience and leadership to drive the company to grow in the renewable energy sector. Before joining Waaree, Paithankar was associated as managing director South Asia with Emerson Electric Co. (India) Pvt. Ltd., among other roles. His educational background includes a Ph.D. in Electrical Engineering and a master of business administration. (May 7, 2024)

 

Tata Power Renewable Energy Ltd (TPREL) has signed a power purchase agreement (PPA) with SJVN Ltd for a 460-mw Firm and Dispatchable Renewable Energy (FDRE) Project. The plant, designed to meet the 460 MW FDRE requirement, integrates solar, wind, and battery storage technologies to ensure efficient energy dispatch during peak hours, thereby stabilizing the grid. FDRE enables round-the-clock power supply, assisting distribution companies in fulfilling Renewable Purchase Obligations (RPO) and Energy Storage Obligations (ESO). This win marked TPREL’s inaugural success in the FDRE tender, a company release said. (May 4, 2024)

 

Adani Green Energy Ltd (AGEL) has announced $400-million financing for its under-construction solar projects in Rajasthan and Gujarat, aggregating 750 mw and expected to come online by November 2024, by a consortium of five international banks. It will provide financing for projects that are expected to come online from November 2024 onwards. AGEL currently has an operational portfolio of 10,934 mw capacity consisting of 7,393 mw solar, 1,401 mw wind and 2,140 mw wind-solar hybrid. (May 3, 2024)

 

Vikram Solar has received a letter of intent from Gujarat Industries Power Company Ltd to supply 250 mw worth of solar modules. These modules, fall within the Approved List of Models & Manufacturers (ALMM), and will in the capacity range of 540 Wp to 570 Wp, Vikram Solar said in a release. These modules will be deployed at the Khavda renewable energy park in Gujarat. (May 2, 2024)

 

GE Power India Ltd has announced the winning of two orders collectivity worth Rs.12 crore (exclusive of 18 per cent GST). The first order, placed by NTPC SAIL Power Company Ltd, involves supply of turbine spares. This mandate, valued at around Rs.6 crore, is scheduled for completion in 12 months. The second order, also worth Rs.6 crore and placed by NTPC Ltd, is for inspection of steam turbine at the NTPC Tanda (Stage II) thermal power plant. (May 2, 2024)

 

Gautam Solar has partnered with Redington Ltd for distributing Gautam Solar’s high-efficiency solar modules on pan-India basis. As part of the partnership, Redington will enable the smooth distribution of Gautam Solar’s high-quality solar panels including Mono PERC and N-type TOPCon Panels within the solar ecosystem. Gautam Solar aims to bring its products to a bigger retail base through this strategic venture, as it also works to expand its module capacity with a new manufacturing plant in Haryana. (May 2, 2024)

 

KEC International Ltd has announced the winning of orders worth Rs.1,036 crore across its business verticals – power T&D, railways and cables. The power T&D orders involve setting of overhead transmission lines in UAE and supply of towers, hardware and poles to the Americas. (April 30, 2024)

 

Envision Energy and Hero Future Energies have signed a framework agreement for cooperation across multiple aspects of the renewable energy sector including WTG supply and other technologies including BESS and Green Hydrogen. The framework agreement also includes Envision providing 588 MW (178 units of EN 156-3.3 MW Wind Turbine Generators) that will produce 2,200 GWh units of clean energy annually.  Built with a rotor diameter of 156 m, hub- height of 140m and a rated capacity of 3.3 MW, these WTGs are best suited to perform in the Indian wind regime. (April 29, 2024)

 

Waaree Energies Ltd has received a letter of intent from Gujarat Industries Power Company Ltd for a 400-mw module supply deal. The contract entails comprehensive supply of solar PV modules incorporating advanced bifacial technology for the 2,375 MW RE Park near Vill. Khavda, Great Rann of Kutch, Gujarat. Waaree Energies will undertake the manufacturing, testing, packing, and transportation of these solar PV modules, while adhering to the prescribed quality standards and an aim to execute the project in a timely manner. Each module, featuring ALMM category specifications and a capacity ranging from 540 Wp to 570 Wp, is expected to ensure optimal performance, durability, and efficiency, a release from Waaree Energies said. (April 29, 2024)

 

BluPine Energy has announced the successful financial closure for its 120-mw solar project in Sadla, Gujarat, won under the GUVNL-18 auction. BluPine Energy accomplished this milestone by securing the debt financing of Rs.418 crore for its project from HDFC Bank. After completion, the plant is expected to generate about 3.23 lakh MWh of solar energy annually, BluPine Energy said. (April 29, 2024)

 

Schneider Electric has announced the appointment of Anshum Jain as the Vice President of their Global Supply Chain in India today. In his role, Anshum will focus on driving the performance of the Global Supply Chain vertical in the country and building supply chain capabilities in India in a synergistic way. He will be part of a supply chain council that will focus on creating a strong supply chain ecosystem in the country to meet the growth aspirations of both domestic and international markets. (April 29, 2024)

 

Madhav Infra Projects Ltd has announced the winning of an EPC order valued at Rs.329.73 crore from Gujarat Industries Power Company Ltd for design, engineering, supply, construction, erection, testing, commissioning and three-year O&M of a 75-mw solar power project at Vastan near Surat Lignite Power Project (SLPP) Tal-Mongrol in Surat district of Gujarat. The order is scheduled for completion in 330 days, Madhav Infra said in a stock exchange notification. (April 24, 2024)

 

Sharika Enterprises Ltd has received an order valued at around Rs.2.95 crore from Uttar Pradesh Power Transmission Corporation Ltd for supply and erection of outdoor equipment, comprising two 145kV bays, at the 400kV Rasara substation in Balia, Uttar Pradesh. This turnkey order is scheduled for completion in six months, Sharika Enterprises said in a stock exchange notification. (April 23, 2024)

 

Tata Power Solar Systems Ltd announced its strategic partnership with Indian Bank to bolster the adoption of solar rooftop among residential consumers. The collaboration aims to facilitate financing solutions under the popular Pradhan Mantri Surya Ghar Muft Bijli Yojana scheme for installations up to 3KW, as well as extend support for installations from 3kW to 10kW under the regular scheme. Under the framework of the scheme, residential consumers can avail loans up to Rs.2 lakh at an annual interest rate of 7 per cent, in compliance with government regulations.  With a nominal margin money requirement of 10 per cent and collateral-free financing, homeowners can embark on their solar journey with ease. Furthermore, the tenure for repayment extends up to 10 years. (April 23, 2024)

 

Orient Electric Ltd, in a stock exchange communication, said that Telangana State Factories Department, Government of Telangana, on April 19, 2024, issued “factory licence” to Orient Electric for its upcoming manufacturing plant in Hyderabad. The manufacturing plant, on which no details are currently available, is yet to start commercial operations. This factory licence is mandatory before commencement of commercial production, Orient Electric said. (April 20, 2024)

 

Inox Wind Ltd has bagged an order for the supply of 210 mw worth of wind turbine generators from Hero Future Energies (HFE). The order is for IWL’s 3-mw WTGs, and the scope comprises of equipment supply with certain add-on services. Additionally, Inox Wind will provide post commissioning multi-year O&M services. The WTGs will be supplied to HFE from Q3FY25 onwards and will be installed in south India. (April 19, 2024)

 

RR Kabel Ltd has announced the rebranding of “Luminous Fans” to “RR Signature Fans”. In April 2022, RR Kabel had acquired the home electrical business of Luminous Power, comprising fans, lighting and appliances. RR Signature Fans, the latest addition to RR Kabel’s portfolio, are up to 60 per cent energy-saving, feature an RF remote, and come equipped with an in-built stabilizer, capable of operating within a voltage range of 100-300V. (April 19, 2024)

 

Avaada Energy has announce the successful closure of its refinancing transaction, securing about Rs.4,471 crore from the state-owned lender, National Bank for Financing Infrastructure & Development (NaBFID). This refinancing transaction, conducted under a Restricted Group (RG) structure, encompasses four ISTS-connected solar projects with a combined capacity of around 1,700 mw in Rajasthan. (April 19, 2024)

 

NTPC Green Energy Ltd (NGEL) and Indus Towers LTd (ITL) have signed an MoU with a view to exploring joint development of grid-connected renewable energy-based power projects including solar, wind, energy storage etc. and/or solutions thereof. Indus Towers aims to expand its renewable energy portfolio in a phased manner to gigawatt scale capacity. (April 19, 2024)

 

KEC International, in a stock exchange filing, announced the appointment of Ganesh Srinivasan as President – T&D, KEC International, effective April 18, 2024. Ganesh Srinivasan comes with 25 years of experience and has joined KEC from Tata Power Group where he was leading the business as Chief Executive Officer – Tata Power Delhi Distribution Ltd. Prior to that, he has worked in various leadership capacities with Tata Power, McKinsey & Company and Cummins Inc. He spearheaded strategy, operations, transformation & organizational development in various roles, the KEC filing said.  (April 18, 2024)

 

Avaada Energy has announced the winning of 250 mw solar-wind hybrid power capacity in a recent tender issued by NTPC Ltd. Avaada Energy won this project quoting Rs.3.47 per kwh. The project, which can be set up anywhere in India within 24 months, will be connected to the interstate transmission system (ISTS) network. Power generated from this project will be sold to NTPC via a 25-year power purchase agreement. (April 18, 2024)

 

Apraava Energy partnered with CII Foundation to honour 15 women change-makers from Assam. These women leaders have uplifted over 1,000 women from disadvantaged communities in the state. Under the ‘Empowering Champions of Change’ initiative led by Apraava Smart Meter Pvt Ltd, an Apraava Energy subsidiary, these women were recognized for their contribution in bringing grassroots-level transformation to society.  Their area of work includes addressing issues pertaining to domestic violence, livelihoods, re-enrollment of school dropouts, adult literacy, etc. This group of women will now receive training to enhance their leadership skills and lead district-level community projects aimed at addressing socio-economic inequalities, aspiring to positively impact over 15,000 women of marginalized communities. (April 16, 2024)

 

Juniper Green Energy has announced the commissioning of its maiden wind power project, contributing 70 mw to Gujarat’s renewable energy capacity. Currently, 25.2 mw is operational as part of the project’s progressive rollout. The project has been commissioned in record time, almost nine months before the project SCOD, a release from Juniper Green Energy said.  This project shall deliver power under a 25-year PPA with GUVNL at a tariff of Rs.2.90 per kwh, and is expected to annually generate 230 million kwh of electricity enough to power around 45,440 households, the release added. (April 16, 2024)

 

Sharika Enterprises Ltd, in a release, said that has it has been empanelled by Power Grid Corporation of India Ltd (PGCIL) as a system integrator for all networking and communication projects of PGCIL. As system integrator, Sharika Enterprises will contribute to the PGCIL’s ambition to modernize the grid system with cutting edge communication technologies in order to bring more situational awareness and real time actions to manage grid stability, improve efficiency and predictability, the release said. (April 16, 2024)

 

Mahindra Group, in a release, said that it has planned to develop a 150-mw hybrid (solar + wind) renewable energy project in Maharashtra, with a capital outlay of around Rs.1,200 crore. The project that will include 101 mw of wind capacity and 52 mw of solar will be developed by Mahindra Susten, part of Mahindra Group, and is expected to commission within two years. (April 15, 2024)

 

Husk Power Systems has secured additional $4 million in debt financing from ElectriFI. This builds upon ElectriFI’s initial $6 million investment in September 2022. ElectriFI’s continued support reflects Husk’s impressive performance in achieving its initial impact targets, proves the feasibility of their business model and shows experience of leadership to execute its operational targets. Significantly, Husk’s strong performance, made possible in part by ElectriFI’s initial investment, enabled them to secure additional investments in a Series D capital raise of $43 million, a release said.  (April 15, 2024)

 

SJVN Green Energy Ltd (SGEL), on April 8, 2024, signed a joint venture cum shareholder agreement with Assam Power Distribution Company Ltd (APDCL) to form a 51:49 joint venture that will set up green energy projects in the command areas of SJVN, SGEL or APDCL, and on pan-India basis. SGEL is a wholly-owned subsidiary of Central PSU SJVN Ltd. (April 12, 2024)

 

Power Grid Corporation of India Ltd (PGCIL) announced that it has commissioned a transmission project related to power evacuation from the 2×500-mw New Neyveli Thermal Power Station (NNTPS) of NLC India Ltd at Neyveli in Tamil Nadu. Though the project was commissioned on February 10, 2024, the notification for commercial operation (date of commercial operation) was received on April 10, 2024, PGCIL said in a brief stock exchange notification. (April 11, 2024)

 

Gensol Engineering Ltd, in a release, said that its outstanding order book as at the beginning of FY25 stands at Rs.1,783 crore that will be executed over a period of 12 months. Of this order book, Rs.1,448 crore represents solar EPC orders, inclusive of orders booked by subsidiary company Scorpius Trackers. The remaining Rs.335 crore relates to the electric vehicle leasing business. (April 10, 2024)

 

Hartek Power has reportedly won a Rs.474-crore EPC order from an unnamed independent power producer (IPP) for constructing a 300-mw solar power plant. The ground-mounted solar plant, covering 1,209 acres of land, is coming up in Rajasthan, it is learnt. (April 10, 2024)

 

Juniper Green Energy, in a release, said that it has commissioned its 105-mw Jalkot Solar Power Project in Maharashtra. The project was commissioned almost nine months before the scheduled commissioning date, the company said. The Jalkot Solar Power Project shall deliver power under a 25-year Power Purchase Agreement (PPA) with state utility Maharashtra State Electricity Distribution Company Ltd. (April 10, 2024)

 

NTPC Ltd has targeted to add 5 GW of power generation capacity of 5 GW in FY25, out of which 2 GW will be from renewable energy sources while 2 GW will come from thermal projects. In FY24, NTPC added 3,924 mw of new capacity, bringing its cumulative installed capacity to nearly 76 GW. Presently, NTPC Group has an operational RE capacity of 3.5 GW, with an extensive pipeline exceeding 20 GW. By 2032, NTPC is looking to expand its non-fossil based capacity to 45-50 per cent of the company’s portfolio that will include 60 GW RE of capacity in a total portfolio of 130 GW. (April 8, 2024)

 

Vikram Solar Ltd has announced the appointment of Narayan Lodha as the company’s Chief Financial Officer (CFO).  Lodha brings with him over 20 years of experience and has been associated with organizations like True North, Indian Energy Exchange, Ravindra Energy and Bhilwara Energy, a release by Vikram Solar said. (April 8, 2024)

 

PFC Consulting Ltd, as the bid process coordinator, incorporated, on April 5, 2024, a wholly-owned subsidiary “Navinal Transmission Ltd” that would act as the project special vehicle for developing an interstate transmission system scheme termed as “Network expansion scheme in Navinal (Mundra) area in Gujarat for drawl of power in the area.” The project SPV would be eventually transferred to the successful bidder selected under the tariff-based competitive bidding (TBCB) modality. (April 5, 2024)

 

Jyoti Ltd, in a stock exchange filing, reported the winning of a supply order worth Rs.38.25 crore from Larsen & Toubro Ltd for 29 vertical-turbine pumps and HT motors. The order is scheduled for completion by December 31, 2024, the filing said. (April 5, 2024)

 

KEC International has reported the winning of new orders valued at Rs.816 crore across its various businesses including civil, power T&D and cables. The power T&D-related orders relate to supply of towers to USA. These orders were booked in FY24 and have taken the cumulative order inflow in that year to Rs.18,102 crore, according to a release by KEC International. (April 4, 2024)

 

H.G. Infra Engineering Ltd, in consortium with Stockwell Solar Services Pvt Ltd, has been awarded two contracts together valued at Rs.156 crore by state power utility Jodhpur Vidyut Vitran Nigam Ltd. The orders relate to EPC services of two grid-tied solar power projects of capacity 11.56 mw and 25.10 mw, respectively. The orders are scheduled for completion in 12 months, H.G. Infra Engineering said in a stock exchange filing, adding that the two contracts fall under the Central government’s “KUSUM Scheme – Component C” programme.  (April 3, 2024)

 

Vertiv concluded its first Vertiv Xpress Masterclass Series for New Delhi. The event is an annual initiative that underlines Vertiv’s commitment to encouraging innovation and knowledge transfer within the industry. With a focus on cutting-edge technologies in power protection and thermal management for critical infrastructure, The Vertiv Masterclass series offers valuable insights for professionals regarding the latest trends in data center operations, featuring a keynote presentation on the transformative effects of artificial intelligence (AI) on critical infrastructure within data centers, along with AI-driven solutions tailored to address these challenges. (April 3, 2024)

 

Scorpius Trackers, a subsidiary of Gensol Engineering Ltd, announced the reaching a significant milestone of 1,000 MW+ in contracted orders across India, Japan, Saudi Arabia and Uganda. Scorpius Trackers has established itself as a frontrunner in delivering reliable and bankable single-axis trackers, the company said in a release, adding that the company’s client portfolio includes ReNew, Hero Future, Shapoorji, Tata Power, Engie, Sterling Wilson, Azure Power, Kosol Energy and many others. (April 2, 2024)

 

Socomec has announced the appointment of Nida Khanam as the HR Head for Greater India region (India, Sri Lanka, Bangladesh, Maldives, Bhutan & Nepal). At Socomec India, Khanam will be responsible for driving HR functions across commercial and plant operations, as well as spearheading initiatives to enhance employee engagement, talent development, and organizational effectiveness. Her strategic vision and hands-on approach will further strengthen Socomec India’s position as an employer of choice in the power solutions industry. Nisha Gupta Malhotra, who previously held this role, will now support the mission of Environmental, Social, and Governance (ESG) in the APAC region, Socomec said in a release.  (April 2, 2024)

 

GE Power India has won two orders, together valued at Rs.32.75 crore (excluding GST), the company said in a stock exchange filing. The first order, worth Rs.24 crore and to be completed in 15 months, is for supply of generator spares and turbine blades for NTPC’s Nabinagar power plant in Bihar. The second order, placed by Hindustan Zinc, is for R&M works of a boiler at Chanderiya in Rajasthan. It is valued at Rs.8.75 crore with scheduled completion time of 12 months. (April 1, 2024)

 

TP Saurya Ltd, a subsidiary of Tata Power Renewable Energy Ltd, has announced the successful commissioning of a 200-mw solar project in Bikaner, Rajasthan, for Tata Power Trading Company Ltd, a Tata Power subsidiary. With this, the total renewables capacity of TPREL has reached 9,018 mw (PPA capacity: 7,632 mw) including 4,547 mw projects under various stages of implementation and its operational capacity now is 4,471 mw, which includes 3,444 mw solar and 1,027 mw wind. (April 1, 2024)

 

Waaree Energies Ltd has signed a contract with Sprng Energy Pvt Ltd, a Shell group company, to supply 245 mw of solar PV modules. Accordingly, Waaree Energies will supply 220 mw of “AHNAY Series, Bi-55 545Wp” modules, to be utilized for Sprng’s project in Gujarat. Set up in 2017, Sprng Energy currently has cumulative contracted capacity of over4.8GWp, and operational portfolio of 2.3GWp. (April 1, 2024)

 

Best Power Equipments (BPE) has announced the appointment of Sam Teo as President – ASEAN to be based at BPE’s Regional Headquarter in Singapore. Sam, with a rich 18-year history of leadership roles across the power sector, will lead the effort to expand company’s footprint in the ASEAN market. Before joining BPE, Sam was the Managing Director of Leoch Battery Pte Ltd, where he was in charge of driving business growth and expanding market presence in Asia Pacific, a release by BPE said. (April 1, 2024)

 

Luminous Power Technologies recently inaugurated its solar panel factory in Rudrapur, Uttarakhand.  Spread over 10 acres, it is fully automated and equipped with the latest and cutting-edge solar module manufacturing technologies. The plant is equipped with fully robotic automation capabilities to manufacture high-quality modules. Launched with a capacity of 250 mw, the capacity is expandable up to 1 GW. (March 29, 2024)

 

Husk Power Systems has obtained $20 million in debt financing from the European Investment Bank (EIB) to scale its operations in Nigeria. The investment will fund construction of community solar mini-grids in Nigeria, installation of rooftop solar for commercial & industrial (C&I) customers, expansion of appliance sales to households and small businesses and the scaling of value-added services such as agro-processing and e-mobility. Currently, Husk has more than 20 mini grids operational in Nigeria, and has set a target of having at least 500 mini grids in the country within the next five years. (March 29, 2024)

 

Adani Green Energy Ltd has commissioned a 180-mw solar power plant at Devikot in Jaisalmer, Rajasthan. The plant has a 25-year PPA with Solar Energy Corporation of India (SECI). The plant is equipped with waterless robotic module cleaning systems, enabling water conservation in the barren region of Jaisalmer. With this, AGEL’s operational solar portfolio has increased to 6,243 mw, and the total operational renewable generation capacity to 9,784 mw. (March 27, 2024)

 

NTPC Ltd and NTPC Renewable Energy Ltd (NREL) have entered into foreign currency loan agreements worth JPY 30 billion each ($200 million or Rs.1,650 crore) with Japan Bank for International Co-operation (JBIC).  While JBIC has provided 60 per cent of the facility amount, the balance has been provided by other commercial banks under JBIC guarantee. The loan proceeds shall be utilized by NTPC for funding part of its capex requirements for FGD retrofitting at its coal-fired power plants. NREL shall use the loan proceeds to finance its capital expenditure for renewable energy projects. (March 27, 2024)

 

H.G. Infra Engineering Ltd has reported the winning of orders valued at around Rs.1,560 crore for EPC and O&M of five grid-connected solar power plants with aggregate capacity of around 367 MW (AC). These orders, to be completed concurrently in 12 months, were placed by Jodhpur Vidyut Vitaran Nigam Ltd, Rajasthan, under KUSUM Scheme – Component C (Feeder-level Solarization). These orders will be executed by H.G. Infra Engineering Ltd in association with Stockwell Solar Services Pvt Ltd. (March 23, 2024)

 

Gensol Engineering Ltd, in a stock exchange communication, said that it has received an EPC order from an unnamed power generation utility in Maharashtra for developing a 100 MWAC/135 MWp ground-mounted solar PV project in the state. This Rs.520-crore contract is the company’s largest-ever turnkey contract. Spread over 500 acres of land, the project is scheduled to commission in 450 days, the company said. (March 22, 2024)

 

THDC India Ltd, on March 21, 2024, achieved the “boiler light up” of Unit-1 of its upcoming 2×660-mw Khurja supercritical thermal power plant in Uttar Pradesh. This achievement is an important intermediate milestone on the power plant’s path towards synchronization and commercial operations.  (March 22, 2024)

 

Rail Vikas Nigam Ltd (RVNL) has emerged as the lowest bidder (L1) from South Eastern Railway for “Design, supply, erection, testing and commissioning for upgradation of electric traction system from 1x25kV to 2x25kV traction system for Rajkharsawan-Nayagarh-Bolani section of Chakradharpur division of South Eastern Railway to meet 3,000 MT loading target.” The contract, valued at around Rs.167.28 crore, is scheduled for completion in 18 months, RVNL said in a stock exchange filing. (March 21, 2024)

 

LAPP recently unveiled its new brand identity and tagline “alive by LAPP”. This initiative reflects the company’s evolution over the last 65 years from a cable manufacturer to an integral industry partner dedicated to bringing industries to life, providing customized solutions that drive innovation and success for its customers, a company release said. (March 21, 2024)

 

Advait Infratech Ltd has received a Rs.36.65-crore order from Uttar Gujarat Vij Company Ltd for conversion of 11kV HT overhead line network aggregating 109 ckm into underground cabling network. The order is scheduled for completion in eight months, Advait Infratech said in a stock exchange filing. (March 19, 2024)

 

Inox Green Energy Services Ltd (IGESL) announced that its subsidiary I-Fox Windtechnik India Pvt Ltd has won an order from NLC India Ltd for the restoration of 33 wind turbine generators (each 1.5 MW) of NLCIL’s wind power plant located in Tenkasi District in the state of Tamil Nadu. The scope of the contract comprises supplies of materials/spares and other activities for the restoration of the 33 WTGs within a period of 8 months, with a revenue realisation of about Rs.39.5 crore (inclusive of taxes) during the contract period. (March 19, 2024)

 

Servotech Power Systems Ltd has secured a contract from Nashik Municipal Corporation (NMC). This contract involves Servotech supplying, commissioning, and constructing 20 electric vehicle (EV) charging stations throughout the Nashik Municipal Corporation area. Servotech will oversee the installation, supply, commissioning, construction and maintenance of EV charging stations, catering to various vehicles and substantially improving Nashik’s EV charging network, the company said. (March 18, 2024)

 

Hartek Group has announced the appointment of Sanjay Kumar as the new CEO for its Power and Renewable Infra Business. Alongside, Hartek Group also said that Sanjeev Gupta, previously CEO of Hartek Power Pvt Ltd has been elevated to Executive Director, Technical, Hartek Power Pvt Ltd, and that he has been included in the company’s board of directors. (March 18, 2024)

 

JSW Neo Energy Ltd a wholly owned subsidiary of JSW Energy Ltd has received the letter of award for an additional 500 mw of wind capacity under greenshoe option for the SECI Wind Power Projects (Tranche – XVI). Subsequent to this, the cumulative capacity allotted to JSW Neo under said tranche stands at 1,000 mw, JSW Energy said in a statement. (March 16, 2024)

 

Schneider Electric has appointed Arvind Kakru as the Vice President of Industrial Automation for Greater India Zone. Arvind brings over 28 years of extensive experience, having demonstrated strong fiscal, strategic, and operational leadership throughout his career. At Schneider Electric, he will lead the Industrial Automation, Process Automation, and Controls & Automation businesses, working closely with the Line of Business heads, Commercial & Strategic Segments team, and International Operations teams, an official release said. (March 14, 2024)

 

SJVN Green Energy Ltd (SGEL), a subsidiary of SJVN Ltd, has received the letter of intent from Gujarat Urja Vikas Nigam Ltd (GUVNL) for developing a 500-mw solar project in the GUVNL Phase –XXI auction. SGEL had bagged the project (100 mw + 400 mw green shoe) through a competitive bidding process at a tariff of Rs.2.54 per kwh. Estimated to cost Rs.2,700 crore, this project will come up at the Khavda solar park of Gujarat Industries Power Company Ltd. (March 14, 2024)

 

JSW Neo Energy Ltd has received the letter of award for ISTS-connected solar capacity of 700 mw from Solar Energy Corporation of India (SECI), against tariff-based competitive bid invited for setting up of 1,500 mw ISTS-connected solar power projects. with this awarded capacity of 700 mw under SECI Tranche XIII, the company’s total locked-in generation capacity increases to 11.7 GW, of which 2.1 GW will be solar, JSW Energy, the holding company of JSW Neo Energy Ltd, said in a stock exchange filing. (March 14, 2024)

 

Power Grid Corporation of India Ltd (PGCIL), in a stock exchange filing, said that the additional charge of the post of Director (Operations), assigned to Ravindra Kumar Tyagi, Chairman & Managing Director, PGCIL, on February 2, 2024, has been further extended for three months effective April 1, 2024. (March 13, 2024)

 

CG Semi Pvt Ltd, a subsidiary of CG Power & Industrial Solutions Ltd has performed the foundation stone laying ceremony of its proposed OSAT (outsourced semiconductor assembly and test) facility in Sanand, Gujarat. The foundation stone was virtually laid Prime Minister Narendra Modi on March 13, 2024.  CG, on March 1, 2024, had announced the formation of a tripartite JV for the proposed OSAT facility. This JV was subsequently named “CG Semi Pvt Ltd”. (March 13, 2024)

 

BluPine Energy has announced the successful financial closure for its 198-mw wind project in Gujarat, secured under the GUVNL wind 3 tender. BluPine Energy secured green loan financing for its project through Standard Chartered Bank and Tata Capital.  The total debt sanctioned for this project is Rs.1,260 crore .After completion, the plant is expected to generate about 65 Gwh of wind energy annually. (March 13, 2024)

 

Recyclekaro is planning to introduce India’s first Plasma Furnace Technology Unit for the extraction of high-value metals. Plasma Furnace Technology leverages high-temperature plasma arcs to efficiently extract valuable metals from diverse waste streams. Unlike conventional methods that may pose environmental risks, this technology offers a cleaner, more sustainable approach to metal extraction, a release from Recyclekaro said. With the installation of the new plasma furnace, Recyclekaro’s e-waste recycling capacity is set to increase nearly tenfold to 75,000 metric tonnes per year, the release added. (March 12, 2024)

 

Founded in Bihar in 2008, Husk Power Systems has announced the opening of its second office in the state capital Patna to accommodate the company’s rapid growth. The company has also opened offices in Delhi, Pune and Mumbai, where its finance, technology and ecommerce hubs are located, respectively. Husk’s workforce in India has doubled since 2022 to about 600 employees, and will double again in 2024, a company release said. (March 12, 2024)

 

JSW Renewable Technologies Ltd (JSWRTL) has entered into a technology-licensing agreement with SANY Renewable Energy for manufacturing 3.x mw wind turbine generators in India. JSWRTL currently has a total wind energy portfolio of 3.6 GW, including 2 GW under construction. This backward integration is aimed at assured supply of WTGs for captive use. JSW Renewable Technologies Ltd is a wholly-owned subsidiary of JSW Neo Energy Ltd, in turn a step-down subsidiary of JSW Energy Ltd. (March 12, 2024)

 

KP Energy Ltd has received new order of total capacity of 368.55 mw — 185.85MW by Aditya Birla Renewables Subsidiary Ltd and 182.70 mw by ABREL (RJ) Projects Ltd — for development of balance of plant for 368.55 mw wind capacity forming part of an upcoming wind-solar hybrid project in Gujarat. The order also includes development of a 220kV transmission line for evacuation of 673 mw. KP Energy will be responsible for providing a range of EPCC services for the project, entailing land acquisition, design, manufacturing, supply, construction, erection, testing, and commissioning for the balance of plant and securing the necessary project approvals. (March 9, 2024)

 

Genus Power Infrastructures Ltd, in a stock exchange filing, said that on March 6, 2024, the company incorporated three wholly-owned subsidiaries named Genus Smart Metering Pvt Ltd, Genus Metering Infra Pvt Ltd and Genus Advance Metering Pvt Ltd. Each of these entities has been incorporated as a special purpose vehicle for execution of Advanced Metering Infrastructure Service Provider (AMISP) contracts, Genus Power said without giving further details on the precise contracts that these entities would be entrusted. (March 7, 2024)

 

Suzlon Group has announced a new order win for the development of a 72.45-mw wind power project for Juniper Green Energy. Suzlon will install 23 wind turbine generators with a hybrid lattice tubular (HLT) tower and a rated capacity of 3.15 mw each at the client’s site at the Dwarka district in Gujarat.  This order is for the company’s larger rated 3.15 mw, S144‐140m turbines from the 3-mw product series. As part of the agreement, Suzlon will supply the wind turbines (equipment supply) and execute the project including, erection sand commissioning. Suzlon will also undertake comprehensive operations and maintenance services post‐commissioning. (March 7, 2024)

 

As part of its Corporate Social Responsibility (CSR) programs, Hitachi Energy initiated a community outreach program, which also coincides with the celebration of International Women’s Day. Through this program, over a couple of weeks, the company reached out to over 1,000 students from government schools in Bengaluru, Mysuru, and Vadodara, with a special focus on girl students (see picture). Through this engagement, the company touched upon health, wellness and life skills. In Bengaluru, and Mysuru, Hitachi Energy organized a special session on health and hygiene for girl students. Hitachi Energy employees also had a focus group discussion with all girl students (8th & 9th class) on various topics, including career and skill development. (March 6, 2024)

 

Adani Green Energy Twenty Four A Ltd and Adani Green Energy Twenty Four B Ltd, wholly-owned step-down subsidiaries of Adani Green Energy Ltd have operationalized an incremental 448.95 mw of solar power projects at Khavda, Gujarat. Together with earlier projects, an aggregate of 1,000 mw of solar power projects are operationalized at Khavda. With operationalization of these plants, AGEL’s total operational renewable generation capacity has increased to 9,478 mw, in its journey of 45 GW capacity by 2030, Adani Green Energy said in a stock exchange communication. (March 5, 2024)

 

The board of directors of NTPC Ltd, in its meeting on March 3, 2024, accorded investment approval to the Singrauli thermal power project (Stage III) of 2×800-mw at an appraised current estimated cost of Rs.17,195.31 crore. It is understood from independent sources that BHEL, on December 21, 2023, submitted its price bids for the EPC package of this project and BHEL is learnt to be the only bidder. Located in Sonebhadra district of Uttar Pradesh, the Singrauli thermal power project currently has installed capacity of 2,000 mw spread over five units of 200 mw and two of 500 mw, commissioned between 1982 and 1987. (March 4, 2024)

 

Alfa Transformers, in a stock exchange filing, said that it has received a Rs.27.39-crore order from three power utilities under Gujarat Electricity Board for the supply of 4,994 transformers of 10kVA rating, within seven months of the date of order. These transformers will be designed and manufactured at Alfa Transformers’ plant located at Waghodia in Vadodara district, Gujarat. (March 2, 2024)

 

Torrent Power Ltd has received a letter of award from Railway Energy Management Company Ltd (REMCL) for setting up of grid-connected renewable power projects, with or without storage, for supply of 100 mw round-the-clock (RTC) power. The project shall be commissioned within 24 months from the signing of PPA. The project, estimated to cost Rs.2,700 crore, involves setting up of around 325 mw of RE capacity, so as to enable 100 mw of RTC-RE power. Torrent Power is will supply power at Rs.4.25 per kwh for a 25-year period. (March 2, 2024)

 

Servotech Power Systems Ltd has bagged an order of 1,400 DC fast EV chargers from Indian Oil Corporation Ltd and other EV charger OEMs. The total order, valued at Rs.111 crore, involves two charger variants of 60kW and 120kW. The order secured by IOCL involves Servotech manufacturing, supplying and installing DC EV chargers nationwide, prioritizing deployment at IndianOil petrol pumps and other said locations. Additionally, Servotech will also manufacture and supply the rest of the chargers to EV charger OEMs. (March 1, 2024)

 

NTPC Ltd announced the successful commercial operations of Unit-2 of its Telangana Super Thermal Power Project (STPP), Stage-I (2×800-mw), effective March 1, 2024. This has taken NTPC’s standalone installed capacity to 58,638 mw and NTPC Group’s commercial capacity to 74,758 mw. (March 1, 2024)

 

Amplus Solar has successfully commissioned its first ISTS-connected solar project. This 360-mw power plant, located in Jaimalsar village in Bikaner district of Rajasthan, will supply power to C&I consumers nationwide. The solar facility is equipped with the latest available solar technology, including bi-facial modules, single-axis trackers, and 100 per cent robotic cleaning systems, a release by Amplus Solar said. (March 1, 2024)

 

Jakson Green has signed its first PPA, marking the company’s entry in the renewable energy IPP segment. The 25-year PPA was signed with Solar Energy Corporation of India (SECI) and relates to a project won by Jakson in SECI’s Tranche XI auction. Jakson Green will be responsible for identifying suitable land, installing the project, and acquiring ownership, besides ensuring necessary approvals and connectivity with the ISTS network for supplying power to SECI. The project is expected to be operational within 18 months from PPA signing date. (March 1, 2024)

 

Sharika Enterprises Ltd has announced its plans to enter into the manufacturing of electrical control panels, the company said in a release. Explaining the rationale, Rajinder Kaul, CMD, Sharika Enterprises said, “Electrical panels are one of the fastest-growing segments in the power sector, but there has been a wide gap due to a lack of availability of dependable products and expertise in this specialised segment. With our deep-rooted experience and unwavering dedication, we aim to bridge this gap and cater to the unfulfilled needs of the industry.” (February 29, 2024)

 

NTPC Green Energy Ltd, on February 28, 2024, signed a joint venture agreement with Maharashtra State Power Generation Company Ltd (Mahagenco) for development of renewable energy parks in Maharashtra. The JV company shall develop GW-scale RE park and projects in a phased manner, thereby realizing the green energy objectives of NTPC and the GOI’s efforts towards energy transition, an official release said. Mahagenco currently has an installed power generation capacity of about 13,170 mw that includes 9,540 mw coal-based, 2,580 mw of hydropower, 672 mw gas-based and 378 mw from solar power plants. (February 29, 2024)

 

Waaree Energies Ltd has entered into an agreement with Mahindra Susten for the supply of 280 mw of AHNAY Series, Bi-55 545Wp modules to Mahindra Susten. Module delivery is expected during third quarter of FY25.  The selected modules by Mahindra Susten are bifacial Glass-to-Glass with a 30-year output performance warranty, a release from Waaree Energies said. (February 27, 2024)

 

SJVN, through its wholly-owned subsidiary SJVN Green Energy Ltd (SGEL), has signed a Power Usage Agreement (PUA) with Jammu & Kashmir Power Corporation Ltd (JKPCL). The PUA has been signed for 300-mw of solar power capacity to be supplied to JKPCL from the under-construction 1,000-mw Bikaner solar power project that is being developed by SGEL in Rajasthan under IREDA’s CPSU Scheme at a cost of Rs.5,491 crore. (February 27, 2024)

 

Ravindra Kumar took charge as Director (Operations), NTPC effective February 26, 2024. Prior to this appointment, he was OSD (Officer on Special Duty) to Director (Operations), NTPC Limited. Shri Ravindra Kumar joined NTPC Ltd as Graduate Engineer Trainee officer in 1989 and has more than 34 years of diverse and versatile experience in Commissioning, O&M, engineering and project management, a release from NTPC said. (February 27, 2024)

 

SJVN has announced successful commercial operation of its 50-mw Gujrai solar power station located in District Kanpur Dehat, Uttar Pradesh. With this, the total installed capacity of SJVN now stands at 2,277 mw with ten power stations currently operational. The 50-mw Gujrai solar power station was executed by SJVN through its renewable arm, SJVN Green Energy Ltd (SGEL), with an outlay of Rs.281 crore. The Gujrai project has a 25-year PPA with state agency Uttar Pradesh Power Corporation Ltd. (February 24, 2024)

 

Servotech Power Systems Ltd has bagged an order for nearly 1,500 DC fast EV chargers from Hindustan Petroleum Corporation Ltd (HPCL) and other EV charger OEMs. Valued at Rs.102 crore, the order involves two charger variants of 60 kW and 120 kW. The order placed by HPCL involves Servotech manufacturing, supplying and installing DC EV chargers nationwide, prioritizing deployment at HPCL’s retail outlets. (February 23, 2024)

 

Jakson Green has announced the signing of its first power purchase agreement. The 25-year PPA was signed with Rajasthan Urja Vikas Nigam Ltd (RUVNL) for a 100-mnw solar PV plant in Rajasthan that Jakson Green had won in April 2023 under an auction conducted by RUVNL in April 2023, at a tariff of Rs.2.61 per kwh. The project is scheduled to commission within 18 months from the PPA signing date. (February 23, 2024)

 

Clean Max Enviro Energy Solutions and Bangalore International Airport Ltd (BIAL) have signed a 25-year power purchase agreement for the generation and supply of renewable energy from a 45.9-mw solar-wind captive power project under a SPV named Clean Max BIAL Renewable Energy Pvt Ltd. The captive power project set up in the solar-wind farm located in Jagaluru, Karnataka, owned and operated by CleanMax, will consist of 36 mw(p) MWp of solar power and 9.9 mw of wind power plants. The project will ensure annual supply of around 58.3 MU (million units or million kwh) of solar power and 31 MU of wind power utilising the existing grid infrastructure. (February 23, 2024)

 

Advait Infratech Ltd announced the winning of a contract from Haryana Renewable Energy Development Agency (HAREDA), under which the company will undertake the integration of 66,000 solar pump devices with advanced SCADA software, facilitating remote monitoring and connectivity with existing state and national level portals under the PM-KUSUM Scheme. (February 21, 2024)

 

Socomec, in an official release, has announced the appointment of Amanda Lim as the Chief Human Resources Officer (CHRO) for the Asia-Pacific (APAC) region, effective immediately. With an impressive background spanning over 25 years of professional experience, Amanda brings a wealth of expertise and leadership in HR to drive Socomec’s strategic initiatives forward. (February 20, 2024)

 

Waaree Renewable Technologies Ltd, in a stock exchange filing, said that it has received an order valued at Rs.990.60 crore from an unnamed renewable energy company. The order relates to an EPC contract for a 980 MWp/700 MWac solar power plant on turnkey basis. The order is scheduled for completion in 12 months, the filing said. (February 20, 2024)

 

Marsons Ltd said that it has received orders worth Rs.40 crore for transformers under RDSS (Part A) in West Bengal that has taken its order book to Rs.55 crore, with an execution timeline of up to June 2024.  In anticipation of the tremendous demand especially driven by the nationwide ROSS scheme, the company has fully operationalised its manufacturing facility and built a formidable team driven by experienced professionals, Marsons said in a stock exchange filing. (February 16, 2024)

 

Tata Power Renewable Energy Ltd has signed a power delivery agreement with Tata Communications for an 18.75 MW AC group captive solar power plant. The project, facilitated through a special purpose vehicle Nivade Windfarm Ltd has an estimated order value of Rs.105 crore. Located in Aachegaon, Maharashtra, the plant is projected to generate approximately 40 MU of power while offsetting more than 30,000 tonnes of CO2 emissions annually. (February 14, 2024)

 

Sterlite Power has announced the successful refinancing of the Lakadia-Vadodara Transmission project loan within 12 months of the project becoming fully operational. The new financing from HDFC Bank, IIFCL and Bank of Baroda will enable prepayment of the existing project loan of approximately Rs.1,840 crore, Sterlite Power said in a release. (February 14, 2024)

 

HPL Electric & Power Ltd, in a stock exchange filing, said that it has received an order worth Rs.181 crore from a leading but unnamed Advanced Metering Infrastructure Service Provider (AMISP) for the supply of smart meters. “The order is to be executed as per the terms and conditions of the Letter of Award (LoA),” the filing said without giving any further details. (February 13, 2024)

 

Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL), on February 9, 2024, handed over five project SPVs incorporated for development of ISTS schemes to the respective successful bidders. Accordingly, Dhule Power Transmission Ltd and Ishanagar Power Transmission Ltd were transferred to a consortium of India Grid Trust subsidiaries; Bidar Transmission Ltd and Sikar Khetri Transmission Ltd were handed over to Power Grid Corporation of India Ltd; Karera Power Transmission Ltd went to Apraava Energy. These bidders were declared successful under the tariff-based competitive bidding (TBCB) mechanism. (February 13, 2024)

 

In a recent official notice, PFC Consulting Ltd (PFCCL) has terminated the bidding process for appointment of Advanced Metering Infrastructure Service Provider (AMISP) for implementation of a smart metering project in UT of Puducherry. No reasons for the termination were immediately available. As reported by T&D India, PFCCL had technically qualified seven bidders for the purpose of opening of financial bids, which was scheduled to take place on January 19, 2024. (February 12, 2024)

 

SJVN has received the letter of intent from Gujarat Urja Vikas Nigam Ltd (GUVNL) for a 200-mw solar power project. SJVN Green Energy Ltd, a wholly owned subsidiary of SJVN had earlier bagged the initial 100-mw solar project through bidding and further 100 mw under the greenshoe option, at a tariff of Rs 2.63 per unit on BOO basis in e-RA conducted by GUVNL in December 2023. The ground mounted solar project, estimated to cost Rs.1,100 crore, can be located anywhere in India and will sell power to GUVNL under a 25-year PPA. (February 8, 2024)

 

Jyoti Structures Ltd (JSL), in a stock exchange communication, said that it has received a Rs.290-crore order to be completed in 18 months from Torrent PowerGrid Ltd. The order entails EPC work of a 400kV multi-circuit transmission line in Gujarat. Another order was received for design and prototype testing of tower for the 400kV double-circuit Oman-UAE Interconnector project. This order, worth $1.8 million (around Rs.15 crore), is to be executed in six months, the JSL filing said. (February 7, 2024)

 

GE Power India Ltd (GEPIL) has received an order valued at Rs.5.46 crore from Lanco Anpara Power Pvt Ltd related to replacement/refurbishment of bottom bars related to 660-mw DEC-make generator at Anpara. The order is to be completed in 35 days, GEIPL said in a stock exchange filing. (February 7, 2024)

 

Recyclekaro has entered into an MoU with Bhabha Atomic Research Centre (BARC) to utilize/leverage BARC’s advanced technology for the extraction of high-purity copper oxide nano-particles from depopulated printed circuit boards (PCBs). The produced copper oxide nano-particles hold immense potential as a catalyst for various industrial processes, antibacterial coatings for medical and electronic devices and sensors, as well as conductive inks and water purification. This collaboration is poised to create a positive socio-economic impact by generating employment opportunities throughout the PCB recycling process, from collection and transportation to processing and manufacturing of recycled materials, a release from Recyclekaro said. (February 6, 2024)

 

Waaree Renewable Technologies Ltd (WRTL), in a stock exchange filing, said that it has received an order from an unnamed domestic entity for EPC work of a solar power plant of 412 MWp/335 MWac, on turnkey basis. The order, valued at Rs.547.50 crore, is scheduled for completion by December 31, 2024. WRTL’s unexecuted order book, post this mandate, stands at 1.161 GW. This order also entails a two-year O&M contract post commissioning, separately valued at around Rs.7 crore. (February 6, 2024)

 

Vertiv has announced its distribution partnership with national value-added distributor Savex, expanding its e-commerce presence in India. The B2B online platform will enable ease of doing business, making the company’s line of solutions more accessible to Vertiv’s channel partners, providing extensive reach, and offering access to a broader portfolio, including service assistance. The portfolio includes single-phase uninterruptible power supply (UPS) systems for rack and Small Office/Home Office applications, three-phase UPS for rack and edge applications and small room cooling designed to protect electronic equipment at the edge and in small rooms, a release by Vertiv said. (February 5, 2024)

 

The Odisha government has sanctioned a 3-acre plot to Best Power Equipments (BPE) where the company will make multimillion-dollar investment to establish a factory near Bhubaneswar in the next three years, a release by BPE said. BPE currently operates from six manufacturing units in Noida and Greater Noida. In this establishment, the company is set to focus on the production of Uninterruptible Power Supplies (UPS) and lithium batteries, the release added. (February 5, 2024)

 

Power Grid Corporation of India Ltd (PGCIL), in a stock exchange notification, said that Ravindra Kumar Tyagi, Chairman & Managing Director, PGCIL, has assumed the additional charge of the post of Director (Operations) of PGCIL, effective February 2, 2024, following a Ministry of Power Office Order dated February 1, 2024. (February 2, 2024)

 

BCPL Railway Infrastructure Ltd has signed an agreement for execution of an EPC project under Alipurduar and Rangiya Divisions of Northeast Frontier (NF) Railway. This contract agreement has been received for the work of engineering, procurement, construction and commissioning of 25kV, 50Hz, single-phase AC electrification work including OHE, TSS, SCADA and CLS panel works in Abhayapuri – Gauripur single line section under Alipurduar and Rangiya division of NF Railway in EPC mode. The length of the corridor is 84.577 route km or 100.411 track km. The total project cost comprises of Rs. 826.62 million and it is expected to be executed over a period of 546 days, BCPL said in a stock exchange notification. (February 2, 2024)

 

Hartek Group announced that it has completed on EPC basis a 220kV substation for steel manufacturer Madhav KRG HRC Pvt Ltd. This is believed to be Punjab’s first 220kV substation in the private sector. The technical details include 220/66/33kV project specifications, featuring CRP Panels sourced meticulously from Hartek Group’s in-house power distribution products manufacturing unit, Hartek India Pvt Ltd. Transformer units include a 110/100 MVA, 220/33 kV unit, a 50/40 MVA, 220/66 kV powerhouse. (February 2, 2024)

 

Ms Geeta Kapur, who is holding the charge of Director (Personnel), has assumed the additional charge of Chairman & Managing Director, SJVN Ltd. She succeeds Nand Lal Sharma who recently superannuated. With more than 31 years of dedicated services in SJVN, Kapur has all round experience in the field of human resources, civil construction and civil contracts.  While assuming the charge, Smt. Geeta Kapur expressed her gratitude to all the previous CMDs for their exemplary leadership that has created strength and maturity in SJVNites and has brought the company to its current eminence, a release by SJVN said. (February 1, 2024)

Servotech Power Systems Ltd has bagged an order of 1,800 DC Fast EV Chargers from Bharat Petroleum Corporation Ltd (BPCL). The project valued at Rs.120 crore will involve Servotech manufacturing, supplying, installing and strategically deploying these 1800 EV chargers across the nation, particularly at BPCL petrol pumps in major cities, as part of the BPCL E-drive Project. The project encompasses two charger variants, 60 kW and 120 kW and Servotech aims to complete this extensive project by the end of 2024. (January 30, 2024)

 

Suzlon Group has announced an order from an Evren company, ABC Cleantech Pvt Ltd, for installation of 214 wind turbine generators with a hybrid lattice tubular (HLT) tower and rated capacity of 3-mw each, in Andhra Pradesh.  Apart from the supply of WTGs, Suzlon will also undertake installation, commissioning and post-commissioning O&M for the project. Evren  is a joint venture in India between Brookfield and Axis Energy. (January 30, 2024)

 

NTPC Green Energy Ltd has signed an MoU with Maharashtra government for development of green hydrogen (and its derivatives like green ammonia, green methanol) of up to 1 million tonnes per year capacity, as well as pumped storage hydro projects of 2 GW and development of renewable energy projects with or without storage up to 5 GW in the state. The MoU is part of Maharashtra’s Green Investment Plan and envisages potential investment of approximately Rs.80, 000 crore, over the next five years. (January 30, 2024)

 

Advait Infratech Ltd has announced the completion of a groundbreaking 300kW Green hydrogen Production plant and 70 kWh PEM fuel cell at office complex of THDC India, in Rishikesh, Uttarakhand. The project, initiated on January 5, 2023, incorporates a 300 kWh alkaline electrolyser, capable of generating 50 kg of high-purity hydrogen during daylight hours. This hydrogen is stored in a 24m3 storage tank, pressurized at 30 bar, ensuring its availability when needed. During nighttime, the stored hydrogen seamlessly powers a 70 kWh fuel cell, feeding energy into THDC’s grid and contributing to a more stable and sustainable power supply. (January 27, 2024)

 

SJVN has secured full quoted capacity of a 100-mw solar power project through e-reverse auction conducted by Gujarat Urja Vikas Nigam Ltd. The project was bagged at a tariff of Rs.2.54 per kwh, on BOO basis, through a tariff based competitive bidding process of GUVNL Phase XXI. This Rs.550-crore ground-mounted project shall be developed by SJVN Green Energy Ltd, a subsidiary of SJVN Ltd, at the Khavda solar park of Gujarat Industrial Power Corporation Ltd. (January 27, 2024)

 

Agratas, Tata Group’s global battery business, and Tata Technologies, a global product engineering and digital services company, have announced their collaboration to scale Agratas’ product development and enterprise systems, supporting the design, development and manufacturing of best-in-class battery solutions. Leveraging Tata Technologies’ over 25 years of expertise in product development, digital engineering, digital manufacturing and product supply chain, Agratas will accelerate its product development timelines, including integrating battery cells into modules and packs across multiple applications to match customer requirements, an official release said. (January 27, 2024)

 

CapitaLand India Trust (CLINT) has set up its first captive solar power plant. Located in Tamil Nadu, this 21-mw solar plant will generate over 30 million kwh of electricity annually. Power generated from the solar plant will be utilised predominantly for the common areas of CLINT’s assets in Tamil Nadu. This will increase CLINT’s green energy usage by over 70 per cent, reduce its carbon emissions by more than 17,000 tonnes. The facility has an 8-mw expansion potential to bring the solar plant’s total size to 29 mw, a release by CLINT said. (January 25, 2024)

 

SJVN Green Energy Ltd, a subsidiary of SJVN, has signed a contract agreement for the balance of system (BoS) of its 360-mw solar power project with Solar World Energy Solutions Pvt Ltd, Noida. The contract includes O&M of the solar PV plant for a period of three years. The solar plant is coming up at Bhuj in Gujarat.  (January 24, 2024)

 

State power utility Madhya Pradesh Power Transmission Company Ltd (MPPTCL) recently held a knowledge-sharing seminar with Power Grid Corporation of India Ltd (PGCIL) for the purpose of technology sharing. Following this, PGCIL will be sharing its advanced technology, particularly for maintenance of EHV transmission lines and substations. The objective of this partnership is to help MPPTCL analyze technical faults in the shortest time and to keep grid interruptions to the minimum. (January 24, 2024)

 

GE Power India has received a Rs.7.01-crore order (exclusive of GST) for design, engineering, supply of wind box casing with buck stay, bracings etc. along with modified air register and dismantling of existing system and erection of wind box along with modified air register in Unit-1 of 210-mw ABL-make boilers of Sanjay Gandhi Thermal Power Station (Phase-I) at Birshinghpur in Madhya Pradesh. The order was placed by plant owner Madhya Pradesh Power Generating Co Ltd, GE Power said in a stock exchange filing. (January 23, 2024)

 

Polycab India Ltd, in a statement, said that it has been associated with the country’s prestigious Shri Ram Mandir, Sabri Mandir, and the accompanying Ram Path highway, in Ayodhya, as its wires and cables solutions provider. Polycab provided advanced technology wires and cables primarily focused on ensuring the safe electrification of this timeless heritage. Polycab India has successfully supplied products to several other prestigious projects like the Atal Tunnel, INS Vikrant, Surat International Airport, the World’s largest commercial complex Surat diamond bourse, Samruddhi Maha Marg and many more, the statement added. (January 23, 2024)

 

GE Power India has won an order worth Rs.10.47 crore (excluding GST) from NTPC to supply spares for 660-mw generator overhauling at the Nabinagar super thermal power station in Bihar. The order is scheduled for completion in 40 weeks, GE Power said in a stock exchange communication. (January 23, 2024)

 

Diamond Power Infrastructure Ltd, in a stock exchange filing, said that it has received a letter of intent from Adani Green Energy Ltd (AGEL) for supply of cables and conductors worth Rs.222.08 crore (including GST) to various projects of AGEL. No further details were divulged. (January 20, 2024)

 

Madhya Pradesh Power Transmission Company Ltd (MPPTCL) has launched a digital portal for open access (OA) consumers whereby any consumer seeking long/medium-term intrastate Open Access now need not visit MPPTCL headquarters at Jabalpur but instead make the application online, using https://mptransco.in/LTOA_APP (January 20, 2024)

 

PFC Consulting Ltd (PFCCL) has incorporated a wholly-owned subsidiary “Barmer I Transmission Ltd” that would develop an ISTS scheme termed as “Transmission system for evacuation of power from Rajasthan REZ Ph-IV (Part-2:5.5 GW) (Jaisalmer/Barmer Complex): Part F.” PFCCL is acting as the bid process coordinator for this scheme and will be responsible for selection of developer using the TBCB process. (January 19, 2024)

 

Havells has announced the successful completion of a landmark project of lighting Shri Ram Mandir at Shri Ram Janmabhoomi Complex in Ayodhya, Uttar Pradesh. Havells undertook the meticulous responsibility for Shri Ram Mandir project, encompassing the supply, installation, testing, and commissioning of cutting-edge lighting elements to enhance the aesthetic appeal and spiritual ambiance of this sacred temple, a release from Havells said. (January 19, 2024)

 

The Union ministry of new and renewable energy (MNRE) has designated REC Ltd as the overall programme implementation agency for MNRE’s Rooftop Solar (RTS) programme and also entrusted REC with the responsibility for execution of the programme/scheme prepared by MNRE and for coordination with all stakeholders, across the country, with an objective to achieve the cumulative capacity of 40,000 mw from RTS by 2026. (January 19, 2024)

 

FIMER announced that it has supplied 5-MVA inverters to Jakson Green for the monumental “40MW Ayodhya Solar PV Project,” developed by NTPC Green Energy Ltd. Currently, 15 MW of the project is already commissioned, spanning across two sites in Rampur Halwara and Sarairasi. Under the auspices of the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA), the 40-mw solar power plant is scheduled to be fully operational in 2024.  Ayodhya is poised to become the first solar city in the state, a release by FIMER said. (January 19, 2024)

 

Advait Infratech Ltd has received official notification from the Solar Energy Corporation of India (SECI) regarding its successful selection for the manufacturing of electrolysers capacity in India. This opportunity has been granted under the Strategic Interventions for Green Hydrogen Transition (SIGHT) Scheme, Tranche – 1, with a designated facility capacity of 100 mw per year, Advait Infratech said in a stock exchange filing. (January 19, 2024)

 

AmpIn Energy Transition (formerly Amp Energy India) has signed a 25-year PPA for a 6 MWp solar project with Maharashtra Metro Rail Corporation Ltd. (MMRCL), Nagpur Metro Rail Project. This 6 mw capacity would be distributed across 19 sites including 13 metro station rooftop GI sheds, 2 depot building rooftop RCC installations, one admin building RCC installation, and three station track walls.  The solar project is expected to replace around 36 per cent of grid power with solar power for Nagpur Metro, a release from AmpIn Energy Transition said. (January 18, 2024)

 

Adani Group has signed several MoUs with the Maharashtra and Telangana governments outlining investment of over Rs.60,000 crore over the next ten years. Some projects envisaged in Telangana include a 100-mw data centre with investment of Rs.5,000 crore over the next 5-7 years and two pumped storage projects — Koyabestagudem (850 mw) and Nacharam (500 mw). In Maharashtra, the business conglomerate will be setting up 1-GW hyperscale data infrastructure with an investment of Rs.50,000 crore over the next 10 years. (January 18, 2024)

 

Ultracab (India) Ltd, in a stock exchange communication, said that it has won orders worth Rs.12.89 crore for cables from Maharashtra State Electricity Distribution Company Ltd, Hindustan Zinc, Jain Irrigation, Toshiba, etc, apart from recent orders worth Rs.56.44 crore from companies like Sterling & Wilson and Tata Power. No further details were provided. (January 16, 2024)

 

Vestas has established a partnership with ArcelorMittal to launch a low-emission steel offering that significantly reduces lifetime carbon dioxide emissions from the production of wind turbine towers. The low-emission steel is produced using 100 per cent steel scrab which is melted in an electric arc furnace powered by 100 per cent wind energy at the ArcelorMittal steel mill, Industeel Charleroi, in Belgium. This would translate to approximately 25 per cent reduction of emission compared to a tower made from steel made via conventional steelmaking route. Steel and iron constitute 80-90 per cent of a wind turbine’s material mass, and approximately 50 per cent of a turbine’s total lifecycle emissions, Vestas said.  (January 16, 2024)

 

Vertiv has announced that the company has increased capacity of its switchgear, busway and integrated modular solutions (IMS) business by more than 100 per cent since acquiring the E&I Engineering and PowerBar Gulf switchgear, busway and IMS business in November 2021, and anticipates further doubling capacity with expansions through the end of 2025. The expansion plans enable Vertiv to support current commitments and accelerating customer demand for data center power infrastructure, especially for colocation and hyperscale sites, including applications for AI and high-performance compute. (January 16, 2024)

 

Sarda Energy & Minerals Ltd, in a stock exchange communication, said that it has placed an order valued at around Rs.150 crore on Gensol Engineering Ltd for design, engineering, procurement, construction and commissioning of a solar power plant of 50 mw (DC) in Chhattisgarh. The plant, which would be used by Sarda Energy, for meeting its captive energy requirements, is scheduled to commission over the next 6-9 months. (January 15, 2024)

 

HPL Electric & Power Ltd, in a stock exchange communication, said that it has received smart meter orders aggregating Rs.240 crore from leading Advance Metering Infrastructure Service Providers (AMISP), in the normal course of business. “This accomplishment adds to HPL’s already existing significant order pipeline, reinforcing its ongoing upward momentum in the dynamic smart meter sector,” the communication said without giving further details on the orders. (January 15, 2024)

 

Avaada Group has signed an MoU with the Government of Gujarat to set up 6 GW of hybrid wind-solar projects in the state with an investment of about Rs 40,000 crore. The hybrid projects, located in various districts of Gujarat, predominantly in the underdeveloped waste lands of Kutch, will supply power to various utilities of India including GUVNL, and for captive use of Avaada’s green hydrogen/ammonia projects. With an estimated annual generation of 17.5 billion units of green electricity, this will lead to a reduction of approximately 16.3 million tons of CO2 equivalent emissions annually, a release from Avaada Group said. (January 15, 2024)

 

NTPC Green Energy Ltd has executed MoUs with Gujarat State Petroleum Corporation Ltd. (GSPC) and Gujarat Pipavav Port Ltd. (GPPL) during the Vibrant Gujarat Global Summit held recently. The MoU with GSPC envisages blending of green hydrogen in the gas networks of GSPC, and green hydrogen mobility by setting up of green hydrogen fuelling stations in Gujarat. The agreement with GPPL aims to develop a green hydrogen ecosystem including production of green ammonia at the land provided by GPPL for export and domestic market. It also aims to explore Pipavav Port as an anchor port by NGEL for exploration, development and operations of offshore wind farms in Gujarat. (January 13, 2024)

 

Siemens AG has completed the acquisition of Netherlands-headuartered Heliox, a technology leader in DC fast charging solutions, serving eBus and eTruck fleets and passenger vehicles. The acquisition complements Siemens’ existing eMobility charging portfolio, adding products and solutions ranging from 40 kW to megawatt charging solutions for depots and en-route charging. Heliox’s portfolio also extends Siemens’ market reach, primarily in Europe and North America, while improving capabilities in power electronics. Heliox’s mobile, scalable and parallel charging solutions will enable Siemens to serve these markets better, Siemens said in a release. (January 12, 2024)

 

The Power Department of Government of Meghalaya has signed an MoU with ONGC Tripura Power Company Ltd . The three-year agreement envisages the development of a pump storage hydro power project, large and small hydroelectric power projects, and innovative solutions like floating solar projects, in Meghalaya. The MOU establishes a robust framework for collaborative efforts, propelling Meghalaya towards a greener and more energy-efficient future,  an official release said. (January 11, 2024)

 

GE Power India has receievd an order worth Rs.10.30 crore (excluding GST) from NTPC for supply of spares and repair of HP Inner Casing Module. The order is to be executed over the next 10.5 months, GE Power India said in a stock exchange communication. (January 10, 2024)

 

Under the “Strategic Interventions for Green Hydrogen Transition (SIGHT) Scheme (Mode-1-Tranche-I),” nodal agency Solar Energy Corporation of India (SECI) has allocated a total green hydrogen production capacity of 4,10,000 tonnes per year. The winners include  ACME Cleantech Solutions, Greenko ZeroC and Reliance Green Hydrogen & Green Chemicals, among six others. (January 10, 2024)

 

LAPP India has announced its status as the authorized distributor of Teltonika Networks, a technology company specializing in professional network connectivity equipments. As an authorized distributor of Teltonika Networks for the Indian market, LAPP India looks forward to the unique synergy generated between LAPP’s power and control, data, and communication cables, patch cords, and Teltonika Network’s networking devices such as ethernet switches, routers and gateways. The partnership aims to serve a wide array of applications and markets, a release from LAPP India said. (January 9, 2024)

 

Adani Green Energy Ltd has planned to invest Rs.24,500 crore in setting up three pumped storage projects in Tamil Nadu, over the next 5-7 years. This is part of the Rs.42,700 crore worth of investment that Adani Group would be making in the southern state, the MoUs for which were signed at the recent “Tamil Nadu Global Investors Meet 2024.” (January 9, 2024)

 

Inox Wind Ltd has received a letter of intent for executing a 50-mw ISTS-connected wind power project on turnkey basis from NLC India Ltd. As part of the project, Inox Wind will supply, install and commission its DF 113/92 – 2.0 MW capacity wind turbine generators and provide comprehensive O&M services for over 10 years, post commissioning. The project will be executed at the mega Dayapar site in Kutch district of Gujarat. (January 9, 2024)

 

Power Mech Projects Ltd has received an order worth Rs.825 crore from Mahan Energen Ltd, a subsidiary of Adani Power Ltd. The order includes various civil and mechanical construction work packages related to Mahan Energen’s upcoming 2×800-mw (Phase II) Mahan ultra supercritical thermal power project in Madhya Pradesh (Village: Bandhua, District: Singrauli). The various packages are expected to be completed over a period of 22 to 33 months, Power Mech Projects said in a stock exchange communication. (January 8, 2024)

 

Copenhagen Infrastructure Partners (CIP) through its Growth Markets Fund I (CI GMF I) have taken final investment decision (FID) on a 300-mw onshore wind project in Karnataka, together with Viviid Renewables (Viviid). Construction is expected to be completed by end of 2025. CIP has also signed a turbine supply agreement with Envision Wind Power Technologies India and a foundation and crane supply contract with Sanghvi Movers. Viviid will provide balance-of-plant works and services and hold minority ownership in the project. (January 8, 2024)

 

Serentica Renewables has announced the signing of its first international and commercial bank foreign currency loan worth Rs.3,500 crore for its round-the-clock RE project in India. This deal will help Serentica in funding the development of its 530-mw hybrid (wind and solar) RE project coming up in Rajasthan and Maharashtra. This project will provide clean energy to Hindustan Zinc Ltd (HZL), replacing 24 per cent of HZL’s their coal-based power supply with firm dispatchable green power. (January 8, 2024)

 

SJVN, through its wholly owned subsidiary SJVN Green Energy Ltd  has signed a Power Usage Agreement (PUA) with Uttarakhand Power Corporation Ltd (UPCL). The PUA has been signed for 200 mw of solar power capacity to be supplied to UPCL from the under-construction 1,000-mw Bikaner solar power project in Rajasthan. Entailing investment of Rs.5,491 crore, the solar power project is scheduled to commission by April 2024. (January 6, 2024)

 

REC Power Development & Consultancy Ltd (RECPDCL), a wholly owned subsidiary of REC Ltd, has inked an MoU with the Government of Gujarat for Rs.2,094.28 Crores for the implementation of the Smart Metering project in PGVCL (Paschim Gujarat Vij Company Ltd.) under Phase 1 of Revamped Distribution Sector Scheme (RDSS). In the strategic collaboration, the Government of Gujarat is set to facilitate RECPDCL in obtaining necessary permissions and clearances for their upcoming projects in the state. The MoU outlines a time-bound framework to streamline the establishment of RECPDCL’s projects in Gujarat, a government release said. (January 5, 2024)

 

Suzlon Group has announced a new order win for the development of a 225-mw wind power project for Everrenew Energy Pvt Ltd. Suzlon will install 75 wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower and a rated capacity of 3 MW each at the client’s sites at Vengaimandalam, Trichy district and Ottapidaram, Tuticorin district in Tamil Nadu. This order is for the company’s larger-rated 3 MW, S144-140m turbines from the 3 – 3.15 MW product series. As part of the agreement, Suzlon will supply the wind turbines (equipment supply) and supervise the project, including commissioning. Suzlon will also undertake comprehensive operations and maintenance services post-commissioning. (January 5, 2024)

 

Kundan Green Energy has announced the receipt of a mandate from the Government of Sikkim to set-up two run-of-the-river hydropower projects at Upper Myong Chu and Lower Myong Chu at an investment of Rs.120 crore and Rs.80 crore, respectively. The plant at Upper Myong Chu will generate 12 mw of electricity, while the Lower Myong Chu facility will create 6 mw. These will increase Kundan Green Energy’s hydropower generation to over 50 mw in Sikkim.  Kundan Energy currently has for operational hydropower projects in Sikkim — Lower Lagyap, Meyong Chu, Kalex Khola, and Rabum Chu – aggregating 35 mw. (January 5, 2024)

 

REC Ltd has signed a memorandum of understanding (MoU) with Bank of Baroda. This agreement will facilitate joint sanctions of loans to fund power, infrastructure and logistics projects in the country over the next three years, an official release said. The MoU was signed in the presence of Vivek Kumar Dewangan, IAS, , REC Ltd and Debadatta Chand, Managing Director & CEO, Bank of Baroda along with Lalit Tyagi, Executive Director, Bank of Baroda. (January 3, 2024)

 

SJVN has formed four JVs for development of clean energy projects in India and Nepal. These JVs have been formed between SJVN (or its subsidiary SJVN Green Energy Ltd) along with partners including Maharashtra State Power Generation Company Ltd, Government of Arunachal Pradesh, Navyuga Engineering Company Ltd, Nepal Electricity Authority, GMR Energy Ltd and Assam Power Development Company Ltd. These JVs will independently pursue opportunities like 5 GW of RE projects in Maharashtra, the 1,878-mw Oju hydropower project in Arunachal Pradesh, the 900-mw Upper Karnali hydropower project in Nepal and 1 GW RE projects in Assam. (January 1, 2024)