Vibrant Energy will set up a 100 MW DC interstate transmission system (ISTS) connected wind-solar hybrid project in Madhya Pradesh. The plant will supply round-the-clock power to Saint-Gobain’s facilities in India.
The state-run oil and gas company will build 240 MW of renewable power generation capacity with an investment of INR 1,600 crore this fiscal. The capacity will purportedly supply power for its refineries.
Vibrant Energy has secured over INR 2,200 crore ($268.55 million) from Power Finance Corp. (PFC) to build 300 MW (AC) of wind-solar projects in Madhya Pradesh and Karnataka.
Set to commence production shortly, the CO2-to-methanol plant is being established at NTPC’s existing thermal power station in Vindhyachal, Madhya Pradesh. It will convert 20 tonnes-per-day (tpd) of CO2 to 10 tpd methanol through a catalytic hydrogenation process, utilizing CO2 from thermal plant flue gas through a carbon capture unit and green hydrogen produced by electrolysis.
The installed renewable electricity generation capacity in Madhya Pradesh surged to 5,875 MW as of Dec. 31, 2022, from 491 MW ten years ago.
The state-owned hydropower producer is developing the floating solar project on a build-own-operate basis. Larsen & Toubro Ltd is tasked with the engineering, procurement, and construction (EPC) of the plant.
The state-owned non-banking finance company has signed a memorandum of understanding with Rewa Ultra Mega Solar Ltd (RUMSL) to provide INR 1,000 crore ($123 million) for the development of renewable energy parks and associated infrastructure in Madhya Pradesh.
The state will launch three floating solar projects worth INR 7,500 crore ($919 million). The new projects will be in addition to a 600 MW plant currently under development at Omkareshwar reservoir.
Madhya Pradesh chief minister Shivraj Singh Chouhan said that pumped hydro storage projects will be encouraged under the Madhya Pradesh Renewable Energy Policy 2022. The sites for these projects will be allotted based on a competitive tender process.
The state-owned hydropower producer is executing the 90 MW floating solar project on a build-own-operate basis at the Omkareshwar reservoir in the Indian State of Madhya Pradesh.
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