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power-generation Sector News & Updates - October 3, 2023

REC and PNB sign MoU to co-finance Infrastructure Project Debts
Power Generation   -  Sep 29,2023
REC Limited and Punjab National Bank (PNB) have entered an MoU to jointly fund projects in the Power and Infrastructure & Logistics sectors through a consortium arrangement. Over the next three years, .

Tata Power Renewable Energy to establish 41 MW captive solar plant in Tamil Nadu
Power Generation   -  Sep 29,2023
Tata Power Renewable Energy (TPREL) plans to construct a 41MW solar facility in Thoothukudi, Tamil Nadu, to support TP Solar's 4.3GW solar manufacturing in Tirunelveli. This project aims to gen .

Shyam Metalics to venture into lithium ion battery-grade aluminum production
Power Generation   -  Sep 27,2023
Shyam Metalics and Energy Limited has entered the production of battery-grade aluminum foil, crucial for lithium-ion cells, in response to increasing demand from Indian businesses involved in advanced .

WattPower inaugurates solar PV factory in Chennai
Power Generation   -  Sep 26,2023
WattPower, a German solar photovoltaic solutions provider, has inaugurated a state-of-the-art manufacturing facility in Chennai, Tamil Nadu, to meet India's growing demand for sustainable energ .

Schneider Electric India to invest Rs 3,200 crore capex by 2026
Power Generation   -  Sep 25,2023
Schneider Electric India plans a substantial investment of Rs 3,200 crore by 2026 to expand its operations in nine states, including Gujarat, Telangana, Karnataka, and more. CEO Deepak Sharma emphasiz .

TotalEnergies inks USD 300 million with Adani Green Energy
Power Generation   -  Sep 22,2023
Adani Green Energy Limited (AGEL) and TotalEnergies have formed a joint venture (JV) with a 1,050 MW renewable energy portfolio. The assets include operational, under construction, and in-development .

TotalEnergies and Air Liquide team up for Green Hydrogen
Power Generation   -  Sep 21,2023
TotalEnergies and Air Liquide will supply green and low-carbon hydrogen to TotalEnergies' Normandy complex, aiming to reduce CO2 emissions by 150,000 tonnes annually. This collaboration aligns wi .

SJVN signs Mou with PFC to get finance for projects worth Rs 1.18 lakh crore
Power Generation   -  Sep 21,2023
State-owned power producer SJVN Ltd has entered into an initial agreement with Power Finance Corporation (PFC) to secure financing worth Rs 1.18 lakh crore for various projects, primarily focused on .

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