Solar Power Plant

Jakson Green inks pact with NHPC for supply of 400 MW solar power

New energy transition platform Jakson Green on Wednesday said it has inked a pact with state-owned NHPC for the supply of 400 MW solar power. Jakson Green has signed its first Power Purchase Agreement (PPA) with NHPC Ltd, a company statement said. This agreement marks a significant milestone for Jakson Green, solidifying its position as a fast-growing Independent Power Producer (IPP) with a total portfolio of 1 GW under development, the statement added. "We are thrilled to embark on this agreement with NHPC, the first of many more to come. This 400 MW PPA, our largest to date, with NHPC is a monumental achievement for Jakson Green," Kannan Krishnan, Joint Managing Director, Jakson Green Pvt Ltd said. This new project will be located in Rajasthan and connected to the central grid, with an expected clean energy generation sufficient to power around four lakh households annually. Contributing to the elimination of nearly 752,000 MT/year of CO2 emissions, the project will also create

Shree Cement's installed renewable power capacity touches 1 GW across India

India's third largest cement manufacturer Shree Cement on Monday announced achieving installed power capacity of 1,000 MW with the commissioning of a 19.5 MW solar power plant at its Andhra Pradesh unit. "The one GW (Gigawatt) capacity includes a mix of solar, wind, thermal and waste heat recovery power plants, showcasing Shree Cement's diversified approach to meeting the electricity demand for cement production," the Bangur family-promoted firm said in a statement. The company has made an investment of Rs 4,000 crore to expand the renewable portfolio, which now accounts for nearly half of the installed power capacity. "Looking ahead, an estimated capex of Rs 1,000 crore is planned in FY25 for installation of additional renewable energy capacity," it said. This includes the installation of 132 MW of solar capacity in five states - Jharkhand, Haryana, Rajasthan, Uttar Pradesh and Uttarakhand, 36 MW of wind generation in Rajasthan and 34 MW of waste heat recovery capacity in Karnatak

Assam CM Sarma lays foundation stone for 25-MW solar power project

A joint venture between the Assam Power Generation Corporation and Oil India Limited, the project will span 108 acres and is expected to cost Rs. 115 crore

Domestic open access solar capacity addition doubles in Jan-Mar: Mercom

Open access solar installations rose two-fold in India to 1.8 gigawatts during January-March this year supported by several factors, including reduced module cost, US-based Mercom Capital has said. Solar power through open access is an arrangement where a power producer establishes a solar power plant to supply green energy to consumers. India added over 1.8 gigawatts (GW) of solar open access capacity in the first quarter of the calendar year of 2024, posting a two-fold increase from 909.3 megawatts (MW) in Q4 2023, the report titled 'Mercom India Solar Open Access Market' said. As of March 2024, the cumulative installed solar open access capacity stood at 14.3 GW. Solar open access developers benefited from lower Chinese module prices and the suspension of the Approved List of Models and Manufacturers (ALMM) order for projects commissioned through March 2024. Additionally, lower power purchase agreement (PPA) prices, due to reduced project costs, further incentivized consumers t

Tech, human resource needed from China to kickstart solar PLI: Indosol

Indosol Solar Private Limited (ISPL) is an SPV formed by Shirdi Sai Electricals Limited (SSEL), which is a Telangana-based power equipment manufacturer

Adani group eyes 45 GW renewable energy capacity by 2030 via solar power

Billionaire Gautam Adani's group is building the world's largest renewable energy park in Gujarat, as it eyes a massive 45 GW capacity to generate electricity largely from solar energy. Speaking at the opening of 'Energy Revolution: The Adani Green Energy Gallery' at the Science Museum in London, Gautam Adani said his group's renewable energy arm, Adani Green Energy, is leading an energy transition that honours the commitment of taking care of the planet not just for this generation and the next but also for generations to come. "As the world's leading solar power developer and India's largest renewable energy company, we are taking very big steps," he said. "In Khavda, which is in the state of Gujarat, we are building the world's largest renewable energy park. It will have a generation capacity of 30 GW of energy - and it is incredibly big. Its area of 538 square kilometers is more than five times bigger than Paris." This is part of the aim to reach 45 GW of renewable energy by 20

PM Modi lays foundation for NLC India's solar power plant in Rajasthan

Prime Minister Narendra Modi on Friday laid the foundation stone for NLC India Ltd's 300-mw solar power project in Barsingsar, Rajasthan. The prime minister also laid the found stone of other solar projects in the state. Addressing the event through videoconferencing, Modi said that the country has started moving at a fast pace in generating solar power, and in giving an impetus to this mission, today, the foundation stone has been laid for various solar power projects in Rajasthan. The projects, he said, will not only give green and cheap power to the region but also provide great employment opportunities to the youth. The total cost of NLC India's solar project is estimated at Rs 1,756 crore and it is scheduled to be commissioned in September, the public sector enterprise said in a statement. The project is strategically located near the existing Barsingsar Thermal Power Station which offers advantages in power evacuation through the existing network and utilisation of common .

NTPC to start feasibility study for 130-MW floating solar plant in Tripura

The National Thermal Power Corporation (NTPC) Ltd will begin a feasibility study for a 130-MW floating solar power plant on Dumbur Lake in Tripura's Gomati district, an official said on Monday. In the past five years, the northeastern state has increased solar power energy from 4.07 MW to 7.21 MW with the government trying hard to increase renewable energy in a big way. Tripura Renewable Energy Development Agency (TREDA) has signed a Memorandum of Understanding (MoU) with the NTPC to carry out the feasibility study for the floating power plant. NTPC operates a 100-MW floating solar power project at Ramagundam in Telangana. Under the study, the NTPC will examine the area of the waterbody required to be taken up for the plant, identification of local transfer stations and forest clearance for setting up the state's first renewable energy plant, TREDA Joint Director Debabrata Sukladas said. He said the NTPC is expected to complete the feasibility study which will cost Rs 450 crore in

SC dismisses GUVNL's appeal for termination of PPA with Lanco Infratech

GUVNL had terminated the agreement for the solar power plant over the commencement of liquidation proceedings against LANCO Infratech Ltd (owner of the power plant)

Gujarat's Modhera becomes India's first 'net-zero' energy community

Currently, nearly 1,380 households in the Modhera area have solar rooftop systems, including 1,177 at Modhera

Coal India to set up 1,190 MW solar power plant in Rajasthan, signs MoU

Coal India Ltd (CIL) will set up a 1,190-MW solar power plant in Bikaner district of Rajasthan. For this, the CIL signed a Memorandum of Understanding (MoU) with the Rajasthan Vidyut Utpadan Nigam Ltd (RUVNL). The solar plant will be set up in a 2,000-MW solar park being developed by RVUNL in Poogal, Bikaner. The state government has allotted 4,846 hectare land to develop the park in which the RVUNL will set up its own solar project of 810 MW, and a power project of 1,190 will be set up by the CIL. Chairman and Managing Director of RVUNL R K Sharma and CIL's Technical Director V Reddy signed the MoU in the presence of Union Coal Minister Pralhad Joshi and Rajasthan Chief Minister Ashok Gehlot here.

Decoding Azure Power: India's first NYSE-listed renewables company

Stock tanks after new CEO's sudden resignation, whistle-blower complaint

An inexhaustible solar power station in space? China may get one by 2028

China will launch a satellite in 2028 to test wireless power transmission technology from space to the ground

Tata Power's arm to set up 250 MW solar power plant in Maharashtra

TP Saurya Ltd has received a letter of intent from Maharashtra State Power Generation Co Ltd for setting up of a 250 MW grid-connected solar photovoltaic power plant in Maharashtra.

NTPC set to construct India's largest solar power park in Kutch

Ministry okays 4.75-Gw solar power project

PLI scheme, basic customs duty: Only flickering benefits for solar power

A production-linked incentive scheme and possible basic customs duty will have a limited impact in encouraging domestic solar equipment manufacture

Airtel commissions captive solar power plant for data centres in UP

In line with its aim to expand green energy footprint, telecom operator Bharti Airtel has commissioned a captive solar power plant to meet the energy needs of its core and edge data centres in UP

Ashok Leyland picks 26% stake in Prathama Solarconnect for Rs 19 cr

The company has reported a loss of Rs 76.97 lakh in 2019-20

Adani Green arm commissions 100 MW solar power plant in Jalalabad

Adani Green Energy on Monday said that its arm ASE4PL has commissioned a 100 MW solar power project at Jalalabad in Uttar Pradesh

Hold back basic customs duty on solar equipment in Budget: Developers

Solar power developers in the country have demanded that the government should hold back the imposition of basic customs duty (BCD) on solar equipment for the time being in the forthcoming budget.