Uma Gupta
Tata, Chromeni to make EV batteries in [Vibrant] Gujarat
At the ongoing Vibrant Gujarat Global Summit, Tata Group and Adani have announced plans to invest in lithium ion battery manufacturing in Gujarat. Chromeni Steels, a joint venture company of China’s Tsingshan Industries, will invest US$ 3 billion to manufacture stainless steel and electric vehicle (EV) batteries.
Solar pump testing and research lab coming up at TERI
The test facility, to be set up by the Maxop Research and Testing Institute, will be capable of testing solar water pumping systems and other solar products in compliance with Bureau of Indian Standards guidelines and international standards.
Make in India: HyET Solar plans to set up 300 MW fab in Gujarat
At the Vibrant Gujarat Global Summit, HyET Solar will sign a memorandum of understanding with the state to set up a solar module manufacturing facility.
NTPC tenders 15 MW floating solar project in Himachal Pradesh
The project would be awarded based on international competitive bidding followed by reverse auction. The deadline for bid submission is February 25. The bids will opened on February 26, while the date of reverse auction will be intimated at a later date.
BHEL will set up solar EV chargers along highway
Government-owned Bharat Heavy Electricals Limited will set up a network of solar-based electric vehicle chargers along the entire 250 km stretch of road between Delhi and Chandigarh, allaying range anxiety among EV users.
Indian Railways plans to tender 4 GW solar project
The procurement will be worth an estimated Rs16,000 crore, and will stipulate the use of 1.2 GW of Indian-made equipment. The power generated will replace 4 GW of coal-fired electricity consumption used by the railways.
Lakshadweep’s renewable with storage tender set for January 31
India’s Solar Energy Corporation of India (SECI) will float a global tender to develop renewable energy projects coupled with battery energy storage system across the 11 islands of the union territory of Lakshadweep.
Tecchren joins the race to make lithium ion batteries in India
Tecchren Batteries will establish a 200 MWh LiFePO4 battery manufacturing unit at Sri City in the state of Andhra Pradesh. Set up after an investment of Rs446 crore, the unit will produce approximately 700,000 li ion batteries per year.
Investment funds scramble to acquire Indian giant’s 1 GW assets
Global Infra Partners, KKR, Brookfield, I Squared Capital and Macquarie are reported to be among those eyeing the renewable energy assets of debt riddled Infrastructure Leasing and Financial Services.
Suzlon sells subsidiary to Canadian firm AMP Solar
Suzlon has sold its majority stake in Rudra Solarfarms for Rs 142.10 million. It had set up the subsidiary, in partnership with AMP Solar, in order to execute a 15 MW solar project in Telangana.
