State-run power giant NTPC said its arm NTPC Renewable Energy has inked power purchase agreement and other project agreements with Indian Railways, Madhya Pradesh Power Management Company and Rewa Ultra Mega Solar. “NTPC Renewable Energy Ltd, a wholly-owned subsidiary of NTPC Ltd, India’s largest integrated energy company has signed a PPA (power purchase agreement) and other project agreements […]
Close on the heels of PM Narendra Modi’s declarations at the COP26 summit, India’s largest automobile fuel retailer Indian Oil Corporation announced its plans to set up 10,000 charging stations for electric vehicles (EVs) in three years. Setting up of EV charging stations and production of green hydrogen will both be part of the company’s net carbon […]
In tandem with India’s hydrogen roadmap, public sector major Indian Oil Corporation (IOC) is in talks with state transport utilities of Kerala, Uttar Pradesh and Gujarat to set up hydrogen manufacturing units and refuelling stations. The company has also set a target of converting at least 10 per cent of its hydrogen consumption at refineries to green hydrogen soon. The UP unit […]
State-run power giant NTPC has announced that its green energy arm, NTPC Renewable Energy Ltd (NTPC REL) has signed its first green term loan agreement of Rs 500 crore with the Bank of India. The green term loan agreement is for its two solar projects in Rajasthan and Gujarat. According to the company’s statement, NTPC […]
State run NTPC is the largest winner of 1.9 gigawatts (GW) in the Indian Renewable Energy Development Agency’s (IREDA) auction for 5 gigawatts (GW) of grid-connected solar projects (Tranche-III) under the Central Public Sector Undertaking (CPSU) Scheme-II tender. The other winners include SJVN, NHPC, NLC India, and IRCON International. The tender which was initially floated […]
State-owned Coal India Limited (CIL) announced that its subsidiary Northern Coalfields Ltd (NCL) has tied up with power major NTPC to install a 50 megawatt (MW) solar power project in Madhya Pradesh. This will be the first ground-mounted solar project for NCL for which the project consultant NTPC has invited bids with a pre-bid date […]
State owned Bharat Heavy Electricals (BHEL) has successfully commissioned India’s largest, 25 megawatt (MW) floating solar plant, at NTPC Simhadri in Andhra Pradesh. “BHEL has successfully commissioned India’s largest Floating Solar PV plant. Notably, with its unique state-of-the-art design, the project is an engineering marvel,” said the company statement. BHEL said its scope of work […]
NTPC Renewable Energy Ltd (REL) has received a Letter of Award (LOA) for 325 megawatt (MW) of solar power projects at Shajapur Solar Park in Madhya Pradesh. In an official press release the firm said that it has won a capacity of 105 MW worth Rs 2.35 per unit, and also a capacity of 220 […]
Even as bidding for renewable energy projects and the trend of low tariffs continue, only a miraculous fall in costs of solar panels would make these bids viable, noted Bridge to India, a leading consultancy in the Indian renewable energy market. It has been raining auctions again. Seven auctions totalling 3,950 megawatt (MW) capacity have […]
Ayana Power, Azure Power, and state-owned NTPC Limited have emerged as the lowest bidders in Solar Energy Corporation of India’s (SECI) 1,200 megawatts (MW) auction for a solar-wind hybrid project. The discovered tariff of Rs 2.34 a unit from these companies are lower than what the renewable energy industry was initially anticipating. Most of the bids by […]
