Maharashtra Seeks Bids for 1,000 MW Pumped Hydro Storage Capacity; Himachal Pradesh Sets Solar PV Tariffs for FY 2024-25 And More...

Maharashtra State Electricity Distribution Company (MSEDCL) Seeking Pumped Storage Developers to supply long-term Integrated System of Transmission and Storage (ISTS/InSTS) connected Energy Storage Systems, with a capacity of 1,000 MW/8,000 MWh (for 8 hours discharge, with a maximum of 5 hours continuous discharge per day), sourced from Pumped Hydro Storage Plants situated anywhere in India through Tariff-Based Competitive Bidding, spanning a 40-year duration.

The Himachal Pradesh Electricity Regulatory Commission recently finalized the generic levelized tariffs for Solar PV projects for the fiscal year 2024-25. The Commission undertook a thorough process involving stakeholder consultations, objections, and public hearings to arrive at these determinations.

Brookfield , a global leader in alternative asset management, announced on Thursday the successful commissioning of the first phase of a significant solar energy project in Bikaner, Rajasthan, India. This marks a significant milestone in the development of what is poised to be India’s largest renewable energy park with inter-state transmission system connectivity. The first phase of the Bikaner project introduces 268 megawatts peak (MWp) of solar power capacity, with plans to expand the park to a total capacity of 550 MWp upon the completion of its second phase.

In a bid to propel Delhi towards a cleaner and more sustainable energy future, the Delhi government has introduced the Delhi Solar Energy Policy 2023. This landmark policy is set to revolutionize the way solar energy is harnessed and utilized in the capital city, with a slew of initiatives aimed at boosting solar adoption across various consumer segments.

India’s premier power infrastructure investment trust, IndiGrid, has officially announced its acquisition of a Letter of Intent (LOI) from Gujarat Urja Vikas Nigam Ltd. (GUVNL) for a significant project. The company is set to design, supply, test, install, commission, operate, and maintain a 180 MW / 360 MWh Battery Energy Storage Systems (BESS) in Gujarat. This initiative is a segment of GUVNL’s ambitious plan to establish a 250 MW / 500 MWh BESS to enhance the state’s energy storage capabilities and ensure the availability of renewable energy during peak and off-peak times.