Uma Gupta
India will require over US$ 10 trillion to achieve net-zero by 2070
Out of this, investments totaling US$ 8.4 trillion would be needed by the power sector alone to significantly scale up generation from renewable energy and associated integration, distribution and transmission infrastructure. Another US$ 1.5 trillion would have to be invested in the industrial sector for setting up green hydrogen production capacity to advance the sector’s decarbonization. Investment needed for the mobility infrastructure would be US$ 198 billion.
Indian Oil floats global tender for green hydrogen generation units
The State-owned oil and gas major has invited bids to set up green hydrogen generation units at its Mathura and Panipat refineries with per-annum capacities of 5,000 MT and 2,000 MT, respectively. The plants are to be installed on a build-own-operate basis. Bidding is open until December 8.
Fuel tank factory in Rajasthan gets a 625 kWp rooftop solar plant
Mumbai-based Roofsol Energy has installed a 625 kWp rooftop solar plant at Yachio India Manufacturing Pvt Ltd, the India arm of Japan-headquartered plastic fuel tank producer Yachio.
Azure Power lands 600 MW solar contract from SECI
The generation capacity is part of an overall 4 GW secured by the developer in a manufacturing-linked PV tender held by the national solar body.
Uttar Pradesh tenders for 38 MW of residential rooftop solar
The Uttar Pradesh New & Renewable Development Agency (UPNEDA) has invited bids to install an aggregate 38 MW of residential grid-connected rooftop solar capacity in the State of Uttar Pradesh under CAPEX mode.
Land, power evacuation plan for 10 GW renewable energy project in Ladakh
Power minister recently chaired a meeting to discuss land availability and power evacuation plan for the 10 GW hybrid renewable energy project in the Leh district of Ladakh.
Power ministry allows bundling of renewable to replace thermal power under existing PPAs
The gains from the bundling of cheaper renewable energy with high-cost thermal will be shared between the generator and distribution companies on a 50:50 basis.
Around 20 companies show interest in 50 GWh battery cell tender under PLI Scheme
The pre-bid conference for the 50 GWh battery storage tender under the production-linked incentive (PLI) scheme saw the participation of around 20 prospective bidders. The conference was organized by India’s ministry of heavy industries to discuss and address the bidders’ queries.
REIL tenders for 2.6 MW of mono PERC modules
Domestic manufacturers have until November 19 to bid for supplying the mono-crystalline/mono PERC silicon solar modules rated for a peak power output of 380-390W each.
NTPC, Indian Oil to collaborate on renewable energy
The two energy majors have come together for the generation and storage of renewable energy or other forms of energy, including gas-based power, primarily to power Indian Oil refineries or other installations.
