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Power-Generation Sector News & Updates - November 21, 2024



India’s Apollo Green Energy plans solar module plant, targets IPO in 2025
Power Generation   -  Nov 06,2024
Apollo Green Energy plans to establish a 500 MW solar module plant within 2-3 years and aims for a 2025 IPO to support growth. With a current order book of ₹35 billion, the company seeks to triple i .


Gensol Engineering secures Rs 780 crore solar PV project in Maharashtra
Power Generation   -  Nov 04,2024
Gensol Engineering has secured a ₹780 crore EPC contract to develop a 150 MWac solar PV power plant for a major public utility in Maharashtra, set to be completed in 15 months. The project encompass .


JSW Energy subsidiary signs PPA for 700 MW solar project
Power Generation   -  Oct 25,2024
JSW Renew Energy Eleven signed a 25-year PPA with SECI for 700 MW solar capacity under SECI Tranche XIII at Rs 2.56/kWh. The project will be commissioned within 24 months. JSW Energy, targeting 10 GW .


Gautam Solar plans to raise Rs 1,000 crore via IPO to expand capacity
Power Generation   -  Oct 23,2024
Gautam Solar plans to raise ₹1,000 crore through an IPO within the next 12 to 18 months to fund a 2 GW solar cell manufacturing project. This expansion aims to boost the company’s solar module cap .


Rayzon Solar secures 216 MW PV modules supply contract from L&T
Power Generation   -  Oct 22,2024
Rayzon Solar has secured a contract to supply 216 MW of photovoltaic modules to Larsen & Toubro (L&T) for three solar projects in India, including floating solar initiatives at Panchet and Ramagundam .


RITES secures order from Andhra Pradesh Power Generation Corporation
Power Generation   -  Oct 21,2024
RITES has received a ₹53.5 crore order from Andhra Pradesh Power Generation Corporation to construct a bypass line connecting the Rayalaseema Thermal Power Plant (RTPP) yard to Kalamalla Railway Sta .


Vedanta to invest over Rs 1 lakh crore in Rajasthan
Power Generation   -  Oct 21,2024
Vedanta plans to invest over Rs 1 lakh crore in Rajasthan across its zinc, renewable energy, and oil and gas sectors, creating 200,000 jobs and developing over 500 downstream industries. Hindustan Zin .


Sembcorp industries bags 150 MW wind-solar hybrid project by subsidiary
Power Generation   -  Oct 18,2024
Sembcorp Industries, via its subsidiary Sembcorp Green Infra, secured a 150 MW wind-solar hybrid project from SECI under a 600 MW bid. The project will operate under a 25-year PPA with SECI and is exp .


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