APT Translations

In January 2023, NTPC initiated discussions on hiving off its green portfolio into a separate entity. With a clear intent to shift toward sustainability, NTPC consolidated its green initiatives under a holding company, leading to the creation of NTPC Green.

The first part capacity of 60 MW has already been declared on commercial operation (supply) from July 29, 2024, the filing added.

In a post on X, Saxena said the solar park will bolster the renewable energy infrastructure in the Capital by providing the Delhi Development Authority (DDA) with electricity at a fixed tariff of Rs 4.42 per unit for 25 years.

Acme Solar on Thursday said it has commissioned 1023 MW of solar capacity in Rajasthan. The capacity comprising four projects was commissioned on Wednesday, the company said.

Bihar is finalizing a renewable energy policy with single-window clearances to attract investment. The state government offers land, power, and support for projects like transformer manufacturing, smart meters, and pumped storage. Upcoming projects include solar installations with battery storage and a thermal power plant, aiming for uninterrupted industrial power supply through independent grids.

The company has a long history in power conditioning products and this strategic decision reflects the company's commitment to providing cutting-edge renewable energy solutions and aligns perfectly with its core vision: "Produce Green to Live Green", it said in a statement.

NHPC plans to invest over Rs 5,500 crore in Bihar's renewable energy sector, including solar, floating solar, and storage projects. CMD Raj Kumar Chaudhary highlighted the need for state government support in land acquisition and approvals, citing SJVN's challenges in securing land for its projects. Bihar's current energy capacity is primarily thermal, offering significant opportunities for renewable energy investment.

Waaree Renewable Technologies on Thursday said its board has approved listing of its equity shares at the National Stock Exchange (NSE).

Addressing the annual general meeting of the Indian Sugar and Bio-Energy Manufacturers Association (ISMA) virtually, the minister emphasised the need for setting up ethanol and CNG pumps, including through private sector participation.

The agenda is being supported by augmenting its renewable power delivery agreement from 450 MW to 530 MW, thereby increasing the company's capacity to source round-the-clock renewable energy.