REC Limited Secures Green Loan Worth JPY 60.536 Billion for Sustainable Development ;Arunachal Pradesh Initiates New Guidelines and More...

REC Limited , a Maharatna Central Public Sector Enterprise and a prominent NBFC under the Ministry of Power, has secured a noteworthy Green Loan totaling Japanese Yen (JPY) 60.536 billion. This financial backing is aimed at financing eligible green projects in India, marking a pivotal step towards sustainable development within the country.

A recent declaration by the Arunachal Pradesh State Electricity Regulatory Commission outlines new guidelines impacting renewable energy projects within the state such as Arunachal Pradesh State Electricity Regulatory Commission (Terms and Conditions for Determination of Renewable Energy Tariff) Regulations, 2024. These regulations, effective upon publication in the Official Gazette, are designed to establish terms and conditions for determining tariffs associated with renewable energy sources.

SJVN Green Energy Limited, a wholly owned subsidiary of SJVN LIMITED , has issued a Notice Inviting Tender for the procurement of a comprehensive Balance of System (BoS) package. This package encompasses Power Evacuation and Three Years Comprehensive Operation & Maintenance for a cumulative capacity of 400 MW (AC) spread across multiple solar photovoltaic power projects in Maharashtra.

The Arunachal Pradesh Electricity Regulatory Commission (APERC) has introduced new regulations about the installation of Grid Interactive Distributed Renewable Energy Systems with various metering arrangements. These regulations aim to facilitate the adoption of renewable energy by consumers and prosumers (consumers who also produce electricity) in Arunachal Pradesh.

SJVN LIMITED has marked a significant milestone with the inauguration of India’s inaugural Multi-purpose Green Hydrogen Pilot Project at its 1,500 MW Nathpa Jhakri Hydro Power Station (NJHPS) in Jhakri, Himachal Pradesh. This pioneering project, inaugurated by Chairperson and Managing Director Smt. Geeta Kapur on April 24, 2024, signifies a major leap towards advancing green hydrogen production infrastructure in the nation’s power sector.

Ohmium , a company specializing in the design, manufacturing, and deployment of advanced Proton Exchange Membrane (PEM) electrolyzers, has announced a strategic collaboration with Tata Projects, a prominent sustainable technology-led Engineering, Procurement, and Construction (EPC) company in India. This partnership aims to drive the development of green hydrogen projects in India by combining cutting-edge technology with established engineering excellence.