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BluPine Wins 100 MW & ACME Bags 500 MW in RUVNL Tender

Rajasthan Urja Vikas Nigam Limited’s (RUVNL’s) tender for the development of  1200 MW of solar with storage projects has declared BluPine Energy and ACME as winners. While BluPine bagged a quantity of 100 MW at INR 6.68/Kwh, ACME won 500 MW out of the quoted 600 MW at INR 6.69/kWh. The auction was held in […]

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Govt Amends Bidding Norms For HVDC Projects Under ISTS

The Ministry of Power has now issued an order amending its Standard Bidding Document for the procurement of Inter-State Transmission System (ISTS) power through tariff-based competitive bidding (TBCB) process under the High Voltage Direct Current (HVDC) transmission system.   The new order proposed modifying para 2.1.2 to make changes to the eligibility criteria of the bidders. The ministry […]

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Demand For Suzlon’s 3MW Wind Turbines Picks Up, Supplies From Q4

Buoyed by the increasing demand for its 3 Megawatt (MW) wind turbines, India’s leading wind energy company Suzlon Group plans to go bullish over the advanced technology. In its latest investors call, the company’s top management said that they were getting overwhelming orders for its 3MW series.  JP Chalasani, the company’s Chief Executive Officer (CEO) said […]

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SJVN Arm Issues Tender for BOS Supply, O&M for 200 MW Solar Project

A subsidiary of SJVN, SJVN Green Energy Limited (SGEL) has issued a tender for the supply of a Balance of System (BOS) package. It also entails O&M services for a 200 MW solar project at Khavda Solar Park, Gujarat. The last date for the submission of bids is September 5, 2023. Bids open on September […]

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Rohit Pandit Assumes Role as CMD at Shuzlan Energy

Shuzlan Energy, an electric vehicle charging point operator, has onboarded Rohit Pandit as the Chairman and Managing Director after successfully acquiring a majority stake in the firm. His expertise in finance and strategic planning will play a pivotal role in steering the company towards sustained growth and expansion. Rohit’s strategic direction for Shuzlan Energy entails […]

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Tata Power Reports 29% Growth In PAT In Q1 YoY

Tata Power today announced its financial results for Q1 of FY24. The Indian power company reported a 29 percent growth in its consolidated Profit After Tax (PAT). Its net profit stood at Rs 884 crore during Q1 of FY 23, which notched up to Rs 1,141 crore during the Q1 of FY24, registering a 29 […]

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7 Top Automakers In JV to Accelerate Electric Vehicle Charging in North America

Seven prominent global automakers – BMW Group, General Motors, Honda, Hyundai, Kia, Mercedes-Benz Group, and Stellantis NV – are forming a joint venture (JV) to expedite the shift to electric vehicle in North America, to enhance the convenience, accessibility, and reliability of EV charging. The joint venture will encompass the creation of a new high-powered […]

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Statkraft in Agreement with Biopharmaceutical Firm for Offtake of Energy from Wind Farms

Norway’s International Power Producer Statkraft has entered into a PPA with Sweden’s biopharmaceutical firm AstraZeneca towards energy procurement from three wind farms in Sweden. The PPA is based on the commissioning of the new wind farms in Strömstad and Årjäng, which is in Sweden’s bidding area 3 (SE3). This is also where AstraZeneca’s research and […]

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France Becomes Top Net Power Exporter of Europe

A recent report by EnAppSys, an energy data consultancy provider, indicates that France became the largest net power exporter of Europe, surpassing Sweden. On the other hand, Germany became a net importer from a net exporter of power during the first half of this year.  The report showcases the recent progress in France’s position in […]

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