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Power-Generation Sector News & Updates - January 15, 2025



Exide Industries to commence first phase of cell manufacturing plant in Bangalore
Power Generation   -  Aug 11,2023
Exide Industries plans to launch the initial phase of its Bangalore lithium-ion cell manufacturing facility by late 2024-2025, with a 6 GWh capacity. The Rs 6,000 crore project will eventually reach 1 .


SJVN inks pacts with ONGC, Sambhar Salts to establish solar projects, parks
Power Generation   -  Aug 11,2023
SJVN Ltd., a state-owned company, has signed Memorandums of Understanding (MoUs) with Oil & Natural Gas Corporation (ONGC) and Sambhar Salts Limited (SSL) for solar park and project construction. The .


Hydreen discloses plan to focus on India's Green Hydrogen market
Power Generation   -  Aug 10,2023
Luxembourg-based cruise liner company HLC Holdings' subsidiary, Hydreen, plans to invest $2 billion in India's green hydrogen sector. Initiatives in Kerala and Himachal Pradesh will promote .


NHPC plans to construct pumped hydro storage projects of 22,000 MW
Power Generation   -  Aug 10,2023
NHPC Ltd., a state-owned company, aims to develop 20-22,000 MW pumped hydro energy storage facilities in Odisha, Maharashtra, Madhya Pradesh, and Andhra Pradesh. The focus is on hydro power due to its .


Hinduja Renewables secures 80 MW tender for largest floating solar park
Power Generation   -  Aug 10,2023
Hinduja Renewables has secured an 80 MW contract for the world's largest floating solar park at Omkareshwar, Madhya Pradesh. The company won the bid for Phase II's Unit C with a tariff of Rs .


Punjab Renewable seeks to raise Rs 150 crore
Power Generation   -  Aug 10,2023
Punjab Renewable Energy Systems Pvt Ltd (PRESPL), a biomass steam production company, aims to raise Rs 150 crore. Major shareholders, including NEEV Fund, Mitsui of Japan, and Shell, have the choice t .


Jharkhand to establish India's first hydrogen fuel related industry in Jamshedpur
Power Generation   -  Aug 09,2023
Jharkhand's Chief Minister Hemant Soren greenlights a Rs. 354.28 crore investment for India's inaugural hydrogen fuel plant in Jamshedpur. TCPL Green Energy Solutions, a Tata Motors and Cumm .


Tata Power signs 2,800-MW hydro power storage project deal with Maharashtra
Power Generation   -  Aug 09,2023
Tata Power and the Maharashtra government have agreed to establish two significant pumped hydro storage projects with a total capacity of 2,800 MW. The projects, located in Pune and Raigad districts, .


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