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PSPCL Issues Tender To Procure Power From 1GW Grid-Connected Solar Projects
The Punjab State Power Corporation (PSPCL) has published a request for selection (RfS) to choose bidders through a long-term tariff-based competitive bidding procedure to purchase power from 1 GW of grid-connected solar projects. The deadline for bid submissions is June 20, 2022, and on the same day, the bids will be opened. On June 25, 2022, the reverse auction will take place. Bids must be proposed in multiples of 10 MW, with a minimum bid capacity of 50 MW. Bidders may submit bids for projects in various locations, as long as each project has a minimum capacity of 15 MW. However, the total capacity available cannot exceed 1 GW. Bidders have to pay a non-refundable RfS document fee of Rs 25,000 as well as a tender processing charge of Rs 300,000. Additionally, bidders must submit an earnest money deposit of Rs 400,000/MW of quoted capacity. Selected bidders further have to submit a performance guarantee of Rs 1.18 million/MW of the proposed capacity.
India and Maldives To Establish Transmission Interconnection for Renewable Power Transfer
Union Minister for Power and New and renewable Energy Shri R. K. Singh met Ms Aminath Shauna, Minister of Environment, Climate Change and Technology, Republic of Maldives here today. Shri Singh appreciated the resolve of Government of Maldives to achieve the net zero emission target by 2030. During the meeting, both leaders proposed two Memoranda of understanding –one on Energy cooperation and another on transmission interconnection under One Sun, One World, One Grid (OSOWOG). To facilitate Maldives’ energy transition programme, India and Maldives have proposed to establish transmission interconnection for renewable power transfer as part of One Sun, One World & One Grid initiative.
GUVNL Invites Bids To Procure Power From 500 MW Solar Projects With Greenshoe Option
Gujarat Urja Vikas Nigam Limited (GUVNL) has issued a request for selection (RfS) to acquire electricity from 500 MW of solar projects under Phase XIV to satisfy its renewable power purchase obligation. The last date for proposal submissions is May 18, 2022, which will be unveiled on May 23. GUVNL has also provided a greenshoe option for up to 500 MW of extra capacity, the allocation of which will be according to its preference. A bidder may submit several offers for a total capacity of 500 MW, including the capacity provided under the greenshoe option. The project must have a minimum capacity of 25 MW. Bidders must pay a tender processing charge of Rs 300,000 + 18% GST and a document fee of Rs 25,000 + 18% GST, both of which are nonrefundable. They must also provide a Rs 400,000/MW as an earnest money deposit. GUVNL can enter into a power purchase agreement (PPA) with a successful bidder for a period of 25 years beginning with the project’s anticipated commercial operation date.
India To Meet Half of Its Energy Needs from Renewable by 2030: NITI Member
India’s nonfossil energy potential will exceed 500 GW by 2030. The country will also meet half its energy needs through renewable energy. V K Saraswat, a member of NITI Aayog, stated. Saraswat, speaking at an event in Mumbai, stated that India would also reduce its total carbon emissions by 1 Billion tonnes between now and 2030. India will reach Net Zero by 2070. He addressed the Norway-India Business Summit 2022, organized by CII and the Embassy of Norway. Saraswat also stressed that deep decarbonisation is possible only if there are broad-based systems approaches across a range of options, including renewables and Hydrogen. He spoke about alternative fuels for reducing emissions and import. BioCNG, Ethanol, and Methanol are currently available. In future, green Hydrogen will become available through renewables. This will result in a 40% reduction in carbon emissions.
India, Germany Discuss Collaboration To Scale Up Renewables to 500 GW by 2030
Officials from India’s various energy and environment ministries met with Jochen Flasbarth (State Secretary at the German Ministry of Economic Cooperation and Development) to discuss ways of enhancing cooperation between the two countries in the area of renewables and climate neutrality. In a tweet, the German official stated that India and Germany discussed a collaboration to increase power generation from renewable sources to 500GW by 2030 and reach ‘Climate Neutrality by 2070. Meetings were held with officials from India’s Ministry of Environment, Forest and Climate Change, Ministry of Power, Ministry of New and Renewable Energy (MNRE), and Ministry of Coal. A senior German ministry official said that Germany was in discussions with India to establish a wider green and sustainable partnership.
He stated that Germany was looking to strengthen its green and sustainable partnership with India.
HPCL Seeks Consultants For Management Of 1.2 MW Solar Power Projects
Hindustan Petroleum Corporation Limited (HPCL) has requested proposals from project management consultants for grid-connected captive solar projects, including rooftop solar installations. The projects are located at areas of the Vijayawada Dharmapuri Pipeline (VDPL) which account for a total capacity of 1.2 MW under net metering.
The locations include three solar PV projects at VDPC Donakonda (550 kW), Kadappa (160 kW), and Kalakada (300 kW). In addition, the selected areas also include 17 sectionalizing valves and 3 intermediate pigging stations with a total capacity of 215 kW. HPCL intends to build grid-connected solar plants at several VDPL sites. These pipeline stations will connect VVSPL to the Vijayawada Booster Station (VBS).