THDC aims to make coal-based thermal project operational by September 2024

THDC seeks bids for 600 MW-2,000 MW pumped storage projects

THDC India announced an invitation for bids regarding the development of pumped storage projects ranging from 600 MW to 2,000 MW capacity, both on and off stream. They specified a turnkey basis arrangement, inclusive of operation and maintenance for a 15-year term, across various states in India.

It was mentioned that the deadline for bid submission was May 13, 2024, and the bids would undergo opening procedures the subsequent day.

The outlined tasks encompassed site selection, conducting relevant studies and investigations, and the preparation of preliminary feasibility repo..

THDC Targets Rs 120 Bn Thermal Project by September

THDC India Limited, a subsidiary of NTPC Limited, aims to make its Rs 120 billion coal-based thermal power project operational by September. The project, located in Uttar Pradesh's Khurja district, is anticipated to significantly enhance the region's power generation capacity and contribute to the state's energy infrastructure.

The thermal project is part of THDC's broader strategy to expand its presence in the power generation sector and strengthen its portfolio of energy assets. Once operational, the project is expected to generate substantial electricity output, catering to the grow..

THDC seeks consultants for floating solar project

In a strategic move towards sustainable energy initiatives, THDC India has opened the doors for consulting firms to bid on a transformative project ? the development of a 100 MW floating solar power project at the Kadra Dam reservoir in Karnataka.

Bidding Process and Timeline: Interested consultants have until September 15, 2024, to submit their bids, with the bid opening scheduled for the following day. The project holds significance as it seeks to harness solar power through innovative floating technology.

Project Scope and Execution: The study's comprehensive scope involve..

Adani Energy Acquires Essar's Transmission Assets

Adani Energy has finalised the acquisition of Essar's Mahan and Sipat transmission assets for a sum of Rs 1900 crore. This significant move underscores Adani's strategic expansion within the energy sector and consolidates its position as a key player in India's power transmission domain.

The acquisition of Essar's transmission assets represents a strategic investment for Adani Energy, enabling the company to augment its infrastructure and bolster its transmission network. With the addition of these assets, Adani strengthens its operational footprint, enhancing its capacity to deliver r..

IEX Q4 Net Profit Grows 9.5%

The Indian Energy Exchange (IEX) has reported a significant uptick in its net profit for the fourth quarter, marking a notable growth of 9.5%. This financial performance underscores the resilience and strength of the company's business model in navigating through dynamic market conditions within the energy sector.

The impressive growth in net profit reflects IEX's robust operational performance and effective strategic initiatives aimed at enhancing efficiency and driving sustainable value creation. As a leading power trading platform in India, IEX plays a pivotal role in facilitating t..