Tag: solar power generation

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Bids Open for 75 MW Solar projects in Uttar Pradesh

Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has invited bids to develop 75 MW of projects at the UP Solar Park for which May 31, 2022, is the deadline for submitting proposals.

To implement the solar park, Lucknow Solar Power Development Corporation is responsible. The project will be at Makrecha village (25 MW), Banghauli (20 MW), and Tikar 1 & Tikar 2 (30 MW) in Uttar Pradesh’s Jalaun district.

As an earnest money deposit, bidders will be required to pay 800,000. The selected bidder will be required to provide 1.05 million ($13,536)/MW within 30 days of the letter of intent or signature of the PPA, whichever occurs first. For 25 years, the tender’s ceiling tariff has been fixed at 3 ($0.04)/kWh. Minimizing technological risk and completing projects on schedule need only commercially proven and operational technologies.

For a period of 25 years, Uttar Pradesh Electricity Corporation would directly buy power produced by these chosen 75 MW solar projects under a power purchase agreement (PPA) with the distribution firms (DISCOMs).

It is important for the solar developer to provide the yearly capacity utilization factor (CUF) in their answer to a request for selection (RfS). Within the first year of commercial operation, the developer has the option of revising the yearly CUF. Finally, CUFs should be constant over PPA’s whole period. At a minimum, the disclosed yearly CUF should be 17 percent of the total budget.

The developer must generate yearly CUF between 10% and 15% of the declared value for ten years following the commercial operation. After 25 years, the CUF should be at least 15%, with a range of 10% to 20%. So, while crafting their answers to the RfS, bidders should take in mind the MNRE’s decision to impose a BCD on solar cells and modules.

There is no limit on how much a business or consortium may contribute to the RfS, as long as it has enough money to fulfill the required equity investment and performance bank guarantees. The bidder’s net worth should be at least $7 million ($90,244)/MW.

Interested firms were invited to submit proposals for 200 MW solar projects in September. The Uttar Pradesh Solar Park will include three projects totaling 150MW in Jalaun and Kanpur Dehat (totaling 50MW). Agribusiness firm Bundelkhand Saur Urja has shown interest in developing grid-connected solar plants in Jalaun, UP.

Reference Link:- https://www.constructionworld.in/energy-infrastructure/power-and-renewable-energy/uttar-pradesh-invites-bids-for-75-mw-of-solar-projects-/34198

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Green Globe Award Green Urja Solar Energy Wind Energy

NTPC invited tenders for a 10 MW solar project in Telangana

Sustainable Development

The 10 MW solar power plants at NTPC Limited’s Ramagundam facility in Telangana has requested proposals for a biennial operation and maintenance (O&M) contract.

To be eligible for the bidding procedure, the bidder must have completed the installation and commissioning of a solar power plant with a capacity of at least 5 MW and grid connection within the previous seven years.

The deadline for proposal submissions is June 6, 2022. On June 9, bids will be accepted. ‘Class I local suppliers’ will be given priority. A minimum of 60% local content is required for a bidder to be classified as a “Class-I local supplier.” Alternatively, the bidder must have operated and maintained a grid-connected solar power plant with a capacity of at least 5 MW for the last seven years.

 A valid electrical license should be held by the bidder. In the previous three financial years, the bidder’s average yearly turnover should not have been less than $5 million ($64,750). This tender will be open to any bidder from a nation that has a land border with India.

As an earnest money deposit, bidders must provide a sum equal to Rs. 200,000. As bid security, the contractor shall give a sum equal to 10% of the contract. If a bidder fails to fulfil the financial criteria, its holding company must meet the specified turnover requirements, provided that the holding company’s net worth on the last day of the previous financial year is at least equal to or more than the paid-up share capital.

NTPC has previously requested bids for the operation and maintenance of a 10 MW solar plant in Ramagundam for two years in January 2020.

Reference:- https://mercomindia.com/ntpc-om-tender-10-mw-solar-project-telangana/

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To Promote Green Hydrogen John Cockerill Will Set Up 2 Electrolyser Giga Factories

Green Globe Awards

After three months of tie-up between Belgium’s John Cockerill and Greenco, the company has now finalized for 50:50 joint venture for setting up two alkaline electrolyzer factories of a high volume of a gigawatt each in India in the coming 12 to 18 months. This deal is strategically driven to make the availability of hydrogen at a lower cost to industries. With an estimation of $500 million investment, this facility is expected to come out on the east coast and as per people associated and known in this deal, it will be one of the world’s largest after China till date.

GreenKo ZeroC (GKC) is a well-known subsidiary of the Greenko Group and Jon Cockerill is an established and leading manufacturer & designer of high volume capacity alkaline electrolysers and both the companies have said to have signed the deal on Monday as said in the joint statement. This great deal of placing 2GW electrolyser factories is expected to potentially help India’s Liquefied Natural Gas overall imports by an approx of 8%.

As per the official data & analytics, India is currently 55% of LNG requirements from countries like Australia and Qatar and 85% of its natural gas requirements are met. With the recent price hike in natural gas prices relating to the Russia and Ukraine War, it is all known that the Brent crude prices has skyrocketed the market and jumped to an above of  $130 barrel. Additionally, the price of LNG in the spot market has also hiked from $6 per million metrics.

India is a major and big fuel importer and these new initiatives in energy consumption and the transition has surely got bigger energy security threat, implications and issues like long-term price stability in the country.

Therefore to directly address this issue, Anil Chalamalasetty, Greenko’s CEO  & MD has said that “Greenko is working towards re-industrialization solutions for a low-carbon economy. We are partnering with a world-class technology partner in John Cockerill and will jointly develop large-scale green molecule projects in India, which will accelerate the creation of a hydrogen economy.”

This great business partnership with Greenko will help us to contribute and promote to India’s sub-continent emergence as a new green energy hub,” said Raphael Tilot, CEO of Renewables, John Cockerill. He further added that “The fight against climate change is part of our mission and as India and neighboring countries have big abundant natural resources, a large domestic market and the potential to cater to the growth of this market regionally and globally.”

Furthermore, Greenko is also planning to effectively use its 50GW/hr pumped mega hydroelectric energy storage capacity that will come up in Andhra Pradesh to provide the firm a reliable and most needed  24×7 green power supply to overcome and challenge the intermittent nature of wind and solar power generation.

Also, the setting up of giga factories will help in supplying electrolysers to Greenko’s 4 million tonnes of green ammonia plant that is strictly aimed to cater and abide to the fertilizer sector, and to provide help to other green hydrogen facilities as well such as industrial users like chemical complexes or refineries.

As per a report by TERI, in the year 2020, India’s over all hydrogen demand stood at 6 million tones for the year but a 5 fold jump to 28 MT by 2050 is expected to be seen, and it can go almost double of the current levels by the year 2030. 80 per cent of the overall hydrogen demand is also expected to be going green in nature with mega users like refining and chemical and fertilizing sectors being the two largest user groups which are currently dependent on the grey hydrogen produced from using the fossil fuels such as naptha and natural gas. Prices too are expected to get halve in the next coming decades. And sensing this big business opportunity and investment, big industry giants such as Adani Group and reliance industries are thinking of coming up with a firm and solid hydrogen strategy.

 

Credit Source: https://economictimes.indiatimes.com/industry/renewables/greenko-john-cockerill-to-set-up-2-electrolyser-giga-factories-for-green-hydrogen/articleshow/90784080.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst