The state-run oil and gas major will set up a green hydrogen plant at its Mathura refinery in the Indian State of Uttar Pradesh. The green hydrogen will replace carbon-emitting fuels used in the refinery to process crude oil into value-added products such as petrol and diesel.
The Indian multinational EPC contractor has been awarded significant power transmission and distribution contracts in Ladakh and Ayodhya, in addition to overseas projects in Saudi Arabia, Africa and Thailand.
The 200-acre solar plant is located in the Kheragarh district of Agra. It benefits from a 25-year, fixed-tariff power purchase agreement with Uttar Pradesh Power Transmission Corporation Limited.
Developers now have until July 14 to bid for setting up the capacity in the Uttar Pradesh Solar Park. Technical bid shall be opened on July 15.
The National Capital Region Transport Corporation has signed a memorandum of understanding with the Solar Energy Corporation of India to arrange blended renewable energy, including solar power, for the Delhi-Ghaziabad-Meerut Corridor.
The 500 MW solar auction cancellation by Uttar Pradesh comes as the latest blow to developers after a similar experience in Gujarat recently. Industry body NSEFI wants the central government to direct the state government to stop cancellation and issue the capacity to winning developers.
The State-owned hydropower producer will sell the electricity generated from the solar project to Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) under a 25-year power purchase agreement. Tariff is fixed at INR 2.68/kWh (US$0.037/kWh).
Solar power generators have until June 15 to bid for the development of projects on a build-own-operate basis. The ceiling tariff payable for the electricity generated has been fixed at INR 3.10/kWh.
Following a 140 MW solar capacity, the EPC contractor has commissioned an additional 85 MW for NTPC at Bilhaur in the Kanpur district. This takes the total project capacity to 225 MW, making it the State’s largest single-site PV plant.
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