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power-generation Sector News & Updates - December 4, 2024



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 .


AMPIN Energy Transition achieves financial closure for RE project
Power Generation   -  Oct 18,2024
AMPIN Energy Transition secured ₹742 crore green financing from Standard Chartered for its 200-MW solar-wind hybrid project in Rajasthan, with a total investment of ₹944 crore. The plant will gene .


ITC commissions 9.45 MW offsite solar plant for self-consumption
Power Generation   -  Oct 17,2024
ITC Limited has commissioned a 9.45 MW offsite solar plant in Karnataka, its second in the state and fourth in India. As part of its Sustainability 2.0 Vision, ITC aims to meet 100% of its electricity .


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