Telecom operators applaud move to allow load aggregation for green energy access
The latest amendment to the Electricity Rules, 2023 (Promoting Renewable Energy Through Green Energy Open Access) allows the telecom sector to aggregate the electricity consumption of telecom sites in order to avail renewable energy under the open access route.
Larsen & Toubro secures power transmission projects in Saudi Arabia, Gujarat
The Indian multinational EPC provider has secured power transmission lines and substations projects in Saudi Arabia and the domestic market.
REC eyes up to INR 3 lakh crore lending for renewables by 2030
The state-owned power finance company aims to meet 20% of the INR 15 lakh crore ($181.25 billion) financing requirement for India’s targeted 500 GW of installed RE (non-fossil fuel) capacity.
NLC seeks QCA services for 1.4 GW of solar and wind plants
NLC India Ltd is looking to engage a qualified coordinating agency (QCA) for its 1.4 GW of solar and wind power plants at various places in Tamil Nadu. The QCA will maintain the transmission of plant-level data and other required data to the state load dispatch center (SLDC), besides providing other services.
Govt panel outlines electricity market roadmap
A power ministry-constituted panel on electricity market development in India has proposed a market-based mechanism for secondary reserves, power purchase agreements (PPAs) of 12-15 years duration, and 5-minute metering, scheduling, dispatch, and settlement.
Godrej & Boyce bags $244 million orders in solar, power transmission, and railways electrification
Godrej & Boyce has secured a 20 MW ground-mounted solar project in West Bengal, substation orders in India and Nepal, and a railway electrification project from Indian Railways.
IndiGrid raises $138.84 million debt finance from IFC
International Finance Corp. (IFC) has subscribed to IndiGrid’s listed, non-convertible debentures aggregating to INR 1,140 crore (($138.84 million).
Sterling and Wilson wins INR 1,080 crore transmission infra projects
Sterling and Wilson has won rural electrification projects aggregating to INR 1,080 crore in the Indian states of Bihar and Chhattisgarh.
Tata Power Delhi discom signs $20.2 million financing deal with ADB
Tata Power will use the secured financing to enhance Delhi’s power distribution through grid enhancements and a battery energy storage system.
Larsen & Toubro wins substation package for renewable energy parks in Gujarat, Andhra Pradesh
The Indian multinational EPC solutions provider has secured substation packages for renewable energy parks at Khavda and Kurnool.
