UP Govt Signs MoUs to Boost Solar Energy
The Uttar Pradesh government has signed memoranda of understanding (MoUs) with the Smart Energy Council of Australia and the Hinduja Group to advance its green energy transition. The state aims to generate 500 gigawatts (GW) of solar energy by 2030 as part of its policy-driven strategy to promote clean power.The initiative focuses on transforming Bundelkhand, Vindhya, and nearby areas into key solar energy zones. Since 2017, when the state's solar capacity was only 288 megawatts (MW), it has increased tenfold, with ongoing progress under the Solar Energy Policy 2022 and a near-term goal of 2,2..
DVC Signs Pact with SJVN to Procure Hydropower for Green Goals
The Damodar Valley Corporation (DVC) has signed power purchase agreements with SJVN Limited to procure hydropower from its Sunni Dam and Luhri Stage-I Hydro Projects. The move is part of DVC’s broader plan to meet its green energy obligations and strengthen power supply across West Bengal and Jharkhand.The new agreements follow five similar power purchase arrangements already signed with NHPC and mark a strategic step in diversifying DVC’s energy portfolio while improving grid reliability. The hydropower will be supplied as allocated by the Ministry of Power, with agreements taking effect ..
Avaada, Maharashtra Sign Pact for Pumped Storage Projects
Avaada Group has signed a memorandum of understanding with the Maharashtra government to develop two pumped storage hydro projects with a combined capacity of 3,600 megawatts (MW). The total investment is estimated at Rs 151 billion.The projects include the 2,400 MW Pawana Falyan facility and the 1,200 MW Sirsala facility. According to Avaada, the developments are expected to generate more than 3,800 direct employment opportunities and contribute to Maharashtra’s ambition of becoming a leading clean energy hub.These pumped storage projects are designed to enhance the state's energy security ..
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