HYBRID POWER PROJECT IN GUJARAT
Juniper Green inks pacts to supply 480 MW from solar-wind hybrid projects
Juniper Green Energy will supply 480 MW solar-wind hybrid capacity to GUVNL and NTPC. The GUVNL Phase 1 project generates 412 million units annually with 190 MW, while NTPC Tranche-1 produces 633 MU annually with 290 MW across Gujarat and Rajasthan. CEO Naresh Mansukhani highlights advanced hybrid energy solutions.
UP state’s decision to incentivise strong hybrid adoption augurs well for Maruti Suzuki
The strong hybrid vehicles are equipped with a combustion engine and an electric motor and they can either work together or independently based on driving conditions. During low-speed driving, the electric motor can power the car while the engine comes into picture during high-speed driving.
Inox Wind bags order for 200 MW wind project in Gujarat, Rajasthan
Inox Wind has secured a 200 MW wind energy project order from a renewable C&I power producer, to be executed in Gujarat and Rajasthan. The project includes Inox Wind’s latest 3 MW Wind Turbine Generators and turnkey execution, along with multi-year operations and maintenance services. CEO Kailash Tarachandani expressed confidence in significant growth for FY25 and beyond
ADB, ENGIE SA partner to build 400 MW solar power plant in Gujarat
ADB and Asian Infrastructure Investment Bank co-financed a Rs 1,460 crore loan for ENGIE's 400MW solar plant in Gujarat. This supports India's clean energy transition and non-fossil fuel targets. ADB, a Manila-based climate bank, financed ENGIE’s 2020 project. Over 25 years, it will generate 805 gigawatt-hours annually, cutting 662,441 tonnes CO2, with long-term financing involving local module production.
Avaada Energy gets 820 MW hybrid project from SJVN
Avaada Energy announced on Monday that it has secured an 820-megawatt hybrid project from state-owned power producer SJVN. This achievement came through an e-Reverse Auction process.
NHPC, ENGIE sign pacts for two 200 MW solar projects in Gujarat
State-owned NHPC and energy solutions provider ENGIE have signed power purchase agreements (PPAs) with Gujarat Urja Vikas Nigam Ltd (GUVNL) for two 200 MW solar projects. NHPC's project will be located within Gujarat State Electricity Corporation's renewable energy park at Khavda, with an estimated cost of Rs 846.66 crore and a completion period of 15 months from the PPA execution date.
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JSW Energy inks power purchase agreements via its arms for 1,325 MW renewable projects
JSW Energy has signed power purchase agreements with subsidiaries for wind and solar projects, totaling 1,325 MW. This brings the company's total locked-in capacity to 13.6 GW. The agreements account for 36% of the company's pipeline capacity, aiming to achieve 20 GW capacity by 2030.
Sembcorp files suit against Siemens Gamesa over unsettled arbitration
Sembcorp's India unit has filed a lawsuit in a Bengaluru court to prevent Siemens Gamesa from selling its Indian business assets before settling an ongoing arbitration. The arbitration pertains to alleged default in executing a contract. Sembcorp has sought an injunction over the sale, which includes Siemens Gamesa's shareholding in India.
Juniper Green Energy secures renewable PPAs in Gujarat, Rajasthan
Juniper Green Energy announced on Wednesday that it has signed power purchase agreements for renewable energy projects in Gujarat and Rajasthan. The company has secured an agreement with Gujarat Urja Vikas Nigam Limited (GUVNL) under wind phase VI for a standalone 90 MW wind project in Gujarat. The aim of these projects is to promote renewable energy in these regions.
Cabinet approves offshore wind energy projects in Gujarat, Tamil Nadu with total outlay of Rs 7,453 cr
The Union Cabinet approved India's first offshore wind energy projects with a capacity of 1 GW, divided equally between Gujarat and Tamil Nadu, at a total cost of Rs 7,453 crore. Information & Broadcasting Minister Ashwini Vaishnaw highlighted this as a landmark decision, emphasizing the significant opportunity it represents for India's renewable energy sector.
Cabinet givs nod to VGF scheme for offshore wind energy with Rs 7,453 crore outlay
The Union Cabinet approved a viability gap funding (VGF) scheme for offshore wind energy projects with a total allocation of Rs 7,453 crore. This includes Rs 6,853 crore for installing and commissioning 1 GW of offshore wind projects, split into 500 MW each off Gujarat and Tamil Nadu coasts. Additionally, Rs 600 crore is earmarked for upgrading two ports to support logistics for these projects.
Gensol Engineering bags another BESS project from GUVNL
Gensol Engineering secures an additional 250 MW/500 MW Battery Energy Storage System Project from GUVNL, increasing its order book to Rs 3,100 crore.
IFC to fund $105 mn for Brookfield’s Bikaner Solar Power Project
IFC has committed $105 million to finance a 550 MW solar power project in Bikaner, Rajasthan by Brookfield Asset Management, using long-term debentures. This marks IFC's first Asia-Pacific investment with a hybrid offtake structure selling power to C&I consumers and the merchant market. This partnership aims to showcase renewable energy viability, support India's green energy corridor, and drive clean energy uptake. Brookfield plans to expand renewable investments in India, in alignment with IFC's goal of increasing market competitiveness and reducing carbon footprint.
ACME ties up Rs 5,600 cr loan for green energy project in Andhra Pradesh
The projects will have the ability to supply power nationwide during peak hours without disruptions. ACME, ReNew Power, Hero Future Energies and Amp Energy won parts of the tender.
Gensol Engineering emerges successful bidder for Rs 1,340-cr battery energy storage project
The project will supply electricity on an 'on-demand' basis to Gujarat State's DISCOMs during peak and off-peak hours, thereby extending renewable energy availability beyond solar hours, fulfilling energy storage purchase obligations, and enhancing grid resilience, a company statement said.
Maruti Suzuki to invest Rs 450 crore over the next 3 years on renewable energy initiatives
Maruti Suzuki India plans to invest Rs450 crore in renewable energy initiatives like solar power and biogas over the next three years. The company has commenced production at its biogas plant at its Manesar facility by harnessing food waste and Napier grass resources.
Suzlon Group gets 82 MW wind energy project in Madhya Pradesh from Oyster Green
Suzlon Group has secured an 82 MW wind energy project from Oyster Green Hybrid One Pvt Ltd. The project involves installation of 26 3.15 MW wind turbine generators in Agar, Madhya Pradesh. The company will handle the supply, erection, commissioning, and maintenance services for the project. It targets commercial and industrial customers to promote renewable energy usage in India. Suzlon aims to support sustainable energy solutions globally with its 20.7 GW wind energy capacity.
Suzlon Group gets 551 MW wind energy project from Aditya Birla Group
Suzlon Group has secured a 551.25 MW wind power project order from Aditya Birla Group, to be executed across two sites in Rajasthan and Gujarat. The project includes 368.55 MW to be developed in Barmer, Rajasthan, and 182.70 MW in Bhuj, Gujarat. Suzlon will install 175 wind turbine generators (WTGs), each with a capacity of 3.15 MW, and will also handle operations and maintenance post-commissioning.
Cochin Shipyard gets EUR 60 million order for hybrid SOVs from UK operator
CSL said the hybrid SOVs are the workhorse of the growing, highly specialised renewables segment, in which it is actively looking forward with their proven track-record in the offshore support vessels.
Ind-Ra expects stable operating performance for most infrastructural projects in FY25
India Ratings and Research (Ind-Ra) anticipates stable operating performance for infrastructure projects this financial year, maintaining a stable outlook for the sector, especially in transportation. It assigned a positive outlook for airports, indicating potential rating upgrades. Ind-Ra expects the power sector's installed capacity to reach 476 GW by FY25. Toll roads may see a growth moderation, and ports are projected to grow at 6-7%.
India may add 25 GB wind energy capacity by 2028, need Rs 2 lakh crore: Crisil
India is set to significantly boost its wind energy capacity by adding nearly 25 gigawatts between fiscal years 2025 and 2028, driven by the increasing need for renewable energy and grid balancing. The government's target to auction 50 GW of renewable projects annually and stable average tariffs reflect India's commitment to sustainable energy solutions.
NTPC Green Energy ties up with MAHAPREIT to develop renewable energy parks, projects in Maharashtra
NTPC Green Energy collaborates with MAHAPREIT to develop a 10 GW renewable energy park in Maharashtra, aiming for 60 GW RE capacity by 2032 with NGEL subsidiary focusing on green initiatives.
Adani Green Secures $400 million from international banks for 750 MW power projects
AGEL secured $400 million financing for 750 MW solar projects in Rajasthan and Gujarat, with projects having SECI PPA and merchant power setup. Lenders consortium aids AGEL's growth plans and capital management for sustainable debt structure.
Gujarat Toolroom acquires 65-acre land for Rs 570-cr hybrid energy project
Gujarat Toolroom invested Rs 572 crore in a 65-acre Gujarat land for a green energy project. The Hybrid Power Plant, with solar panels and wind turbines, aims to contribute 97.5 megawatts of sustainable electricity.
Avaada Energy secures Rs 1,190 crore loan from SBI for solar project
Avaada Energy has secured a Rs 1,190 crore loan from the State Bank of India for a 400 MWp utility-scale solar PV project in Gujarat's Surendra Nagar district. The 20-year project loan facility will support the project's development and procurement by Gujarat Urja Vikas Nigam Limited. This marks Avaada's first venture in developing a greenfield project under an existing Special Purpose Vehicle.
Adani Green's Khavda power plant world's largest, five times the size of Paris
Adani Green Energy Limited's Khavda project in Gujarat aims to be world's largest power plant with a focus on renewable energy sources, including solar and wind, supported by significant investments and government backing.
Adani Green Energy begins operation of 775 MW solar projects in Gujarat
Adani Green Energy on Friday announced the beginning of the operation of its 775 megawatt solar power projects in Khavda, Gujarat. The capacities have been operationalised after securing relevant clearances, Adani Green Energy Ltd (AGEL) said in an exchange filing.
Torrent Power gets letter of award to supply 150 MW renewable energy
Torrent Power awarded 150MW wind solar hybrid project by Distribution Unit with Rs 1,825 crore investment at Rs 3.65 per kWh, under a 25-year PPA, planning 245 MW capacity installation.
Suzlon bags 72.45 MW wind power project from Juniper Green Energy
Renewable energy solutions provider Suzlon Group on Thursday said it has secured a 72.45 MW wind power project from Juniper Green Energy Pvt Ltd. As part of the project, Suzlon will install 23 Wind Turbine Generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower and a rated capacity of 3.15 Megawatt (MW) each at the client's site at the Dwarka district in Gujarat, a company statement said.
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