Madhya Pradesh floats tender for grid-connected rooftop solar projects
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MP Invites Bids for 670 MW Solar Projects Under KUSUM
The Madhya Pradesh Urja Vikas Nigam (MPUVNL) has initiated the bidding process for the establishment of 670 megawatts (MW) grid-connected solar power projects, as part of Component C of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM KUSUM) program. These projects will play a crucial role in harnessing renewable energy sources in the state of Madhya Pradesh. The generated power will be supplied to the Madhya Pradesh Power Management Company (MPPMCL).
Interested renewable power generators (RPGs) have until October 10, 2023, to submit their bids, with the bid openin..
RUMSL floats tender for 600 MW floating solar park in Madhya Pradesh
The Rewa Ultra Mega Solar Limited (RUMSL) has floated tenders for developing a 600 MW of floating solar park at Omkareshwar, Madhya Pradesh.
RUMSL is a joint venture (JV) with Solar Energy Corporation of India (SECI) and the Madhya Pradesh Urja Vikas Nigam. The tender for 600 MW capacity floating solar project will have six units of 100 MW each of floating solar photovoltaic grid-connected power projects developed at Omkareshwar reservoir. The deadline to submit the bids is 31 January 2022, and the bids will be opened on 1 February. The bidders will have to d..PM Kusum: MPUVNL floats tenders for 225 MW solar projects
Madhya Pradesh Urja Vikas Nigam (MPUVNL) has floated a tender to set up 225 MW grid-connected solar projects of 500 kW to 2 kW capacity under Pradhan Mantri Kisan Urja Suraksha evam Utthan Mahabhiyan (PM KUSUM) component A.
The work includes designing, commissioning, engineering, supply, testing, and erection, with the construction of bay and switchgear at the substation and comprehensive operation and management (O&M) for 25 years.
The power generated from the project will be sold to Madhya Pradesh Power Management Company, as per the e-reverse auction and conditions ..
Repsol Eyes Stake Sale for Strategic Plan
Spanish oil major Repsol is reportedly engaged in negotiations to offload a portion of its renewable energy subsidiary as part of a strategic maneuver to propel its ambitious agenda through 2027.
Santander has purportedly been enlisted to facilitate the sale, indicating a significant step in Repsol's financial strategy. While Repsol intends to retain a majority stake in its renewables arm, the prospective deal may involve the infusion of fresh capital by the investor. However, the identity of the investor remains undisclosed at present.
Repsol Renewables, valued at 5.9 billio..
Bhilai Steel Plant Embraces Solar Power for Green Future
Bhilai Steel Plant (BSP), the leading unit of India's steel giant Steel Authority of India Limited (SAIL), is embarking on a green journey by embracing solar power initiatives. In a recent development, BSP has inked a memorandum of understanding with the Chhattisgarh State Renewable Energy Development Agency (CREDA) to install solar power generation systems across its plant premises and township in Bhilai.
According to a statement released by BSP management on Wednesday, the proposed plan aims to generate approximately 2 MW of electricity within the plant premises. Additionally, a proj..