A contract to put up a 966 MW round-the-clock hybrid renewable power project for Tata Steel was awarded to Tata Power Renewable Energy through its subsidiary TP Vardhaman Surya Ltd. According to a corporate statement, the project has a hybrid renewable capacity of 379 MW solar and 587 MW wind power. One of the most…
The second round of the production-linked incentive (PLI) plan for the solar industry has awarded contracts to up to 11 businesses, including Reliance, ReNew, Indosol, First Solar, Tata Power Solar, and Avaada, for solar photovoltaic (PV) manufacturing projects totaling 39,600 MW capacity. The positive tender response is anticipated to support India’s aspirations to establish a…
The emphasis right now is on assuring greater output from fossil fuel-based power plants while also establishing new renewable energy projects, as the demand for energy is predicted to increase over the next ten years. This entails managing the energy transition by shutting down fossil fuel plants while making sure there is a sufficient supply…
The Government approved an extra 19,500 crore in funding for the production-linked incentive (PLI) plan for the development of high-efficiency solar modules. The government anticipates that this financial assistance will stimulate investment of 94,000 crores in a heavily dependent on imports industry, resulting in the domestic production of 65 GW of completely and partially integrated…
Tata Power, one of India’s largest power generation companies has lined up a capital expenditure of ₹75,000 crores for renewable energy over the next five years, Chairman, N Chandrasekaran said to shareholders at the company’s 103rd annual general meeting. The focus on the renewable energy sector has led to steady growth of India’s renewable energy…
