India’s challenges to reach renewable energy targets include an already unstable grid, a crippling drought (hindering thermal generation and hydropower), and reaching the 237 million citizens who still require access to electricity.
Five substations to link a new 648-megawatt solar project, which will account for about 10 percent of India’s solar power, to the national grid.
India is gearing up to implement model regulations for forecasting and scheduling of generation of energy from wind and solar plants to ensure smooth integration of renewable power into the grid.
The contract has been won under international competitive bidding process and the project is funded by the KFW Bank, the company said in a BSE filing
In Hyderabad, Toshiba Transmission & Distribution Systems (India) Pvt. Ltd is supplying to Kenya around 8,000 distribution transformers made at the company`s facility. In an announcement, TTDI stated this regarding the bagging of Rs 226 crore ($ 34 million) contract from Kenya power & lighting company.
Mindteck (India) rose 8.28% to Rs 104 at 14:53 IST on BSE, with the stock extending yesterday's gain triggered by winning smart grid project for Bangalore Electricity and Supply Company.
Panasonic India Pvt. Ltd. and US- based energy provider AES India Private Limited today announced an agreement to construct a 10 MW energy storage array at Panasonic’s Techno park manufacturing facility in Jhajjar, Haryana. This joint venture is the first large-scale battery-based energy storage project in India. The storage will provide daily reliability and back-up to the manufacturing facility, while demonstrating grid stability and renewable integration services in the region.