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NTPC and ONGC Launch Renewable Energy Joint Venture
NTPC Ltd and ONGC plan to establish a joint venture in the renewable energy sector through their green energy subsidiaries, NTPC Green Energy and ONGC Green Energy. Each company will hold a 50% stake in the new entity, which aims to explore ventures and acquisitions related to renewable energy technologies, including solar, wind, and battery storage, as well as participate in upcoming offshore wind tenders in Tamil Nadu and Gujarat.The joint venture will also focus on expanding into areas such as green hydrogen, ammonia, sustainable aviation fuel, e-mobility, and carbon credits. Both companies have submitted an application to the Ministry of Corporate Affairs to formalize the new business entity.
What innovative renewable energy projects will the NTPC-ONGC joint venture pursue?
The NTPC-ONGC joint venture is poised to make significant strides in the renewable energy landscape. Here are some innovative projects and initiatives that the collaboration may pursue:
Solar Power Expansion: Development of large-scale solar farms to harness solar energy, potentially utilizing innovative photovoltaic technologies such as bifacial panels and advanced solar tracking systems for improved efficiency.
Offshore Wind Farms: Participation in the establishment of offshore wind projects in Tamil Nadu and Gujarat, capitalizing on the strong coastal winds to generate clean energy at a large scale.
Green Hydrogen Production: Exploration of hydrogen production technologies, including electrolyzers powered by renewable energy sources, to produce green hydrogen which can be used for various industrial applications and transport.
Green Ammonia Initiatives: Assessment of green ammonia as a sustainable energy carrier and fuel source, targeting its use in shipping and potential fertilizers, reducing reliance on fossil fuels.
Sustainable Aviation Fuel (SAF): Development of next-generation biofuels and synthetic fuels to provide airlines with cleaner fuel alternatives, aligning with global aviation decarbonization goals.
E-Mobility Solutions: Investments in charging infrastructure and technology for electric vehicles (EVs), promoting the transition to e-mobility solutions across urban and rural areas.
Battery Storage Projects: Implementation of advanced battery storage systems to enhance grid reliability and facilitate the integration of intermittent renewable energy sources like solar and wind.
Carbon Credit Trading: Participation in carbon credit markets, allowing the joint venture to monetize emissions reductions and invest in additional sustainability projects.
Research and Development: Collaboration with universities and research institutions to innovate in renewable technologies, including energy efficiency, energy storage systems, and breakthrough materials for energy production.
Community Engagement Programs: Initiatives focused on educating local communities about renewable energy resources, job opportunities in the green sector, and the benefits of sustainability practices.
International Partnerships: Building strategic alliances with global renewable energy developers to access cutting-edge technologies and share knowledge on best practices in the sector.
This joint venture is not only a promising step towards enhancing India’s renewable energy portfolio but also a significant contribution to global sustainability efforts.
Nov 4, 2024 // Plants, Large-Scale, Commercial, India, NTPC, Asia, ONGC
NTPC Tenders for Remote Monitoring and also Operation of 15 MW Solar Plant
NTPC Ltd has actually released a tender, welcoming proposals from qualified companies for embarking on the work of remote surveillance and also operating of 15 MW solar energy plant at Jayant, Singrauli from NTPC VSTPP.
The extent of benefit the picked companies will certainly consist of:
To make shows in SCADA Software for tracking of existing MAX DNA system for Remote usage by utilizing the OPC web server. Interaction from Existing SCADA and also advancement of brand-new SCADA Systems with OPC information will certainly additionally remain in prospective buyer extent. To present power surveillance in the OPC web server for existing feeder over Modbus/TCP/IP. All required electrical wiring LAN wires etc called for will certainly remain in the extent of event, NTPC will certainly not offer any type of product needed for conclusion of this task.
The last day for quote entry is March 14, 2020, as well as the techno-commercial proposals will certainly be opened on March 16, 2020.
In January, NTPC had actually released a tender for the biennial procedure as well as upkeep (O&M) contract for the 10 MW solar PV plant at the NTPC-Ramagundam in Telangana for 2020-22. The extent of help the picked prospective buyers consists of the cleaning of solar components/ panels two times everyday in the early morning and also night hrs to prevent thermal shocks, correction of ground mistake or various other mistakes in system as very early as feasible to guarantee the plant schedule approximately 100 percent, to create all records as called for by EIC after Solar Hours on day-to-day basis, and so on
According to the tender, the agreement solution duration will be 24 months from the day of beginning of job. The agreement duration can be additional expanded for 3 months or component thereof on common arrangement with the exact same prices, conditions of the agreement. The flaw obligation for the subject job will be 6 months from the day of conclusion of job. Any type of flaws observed throughout this duration will be corrected by you at no additional expense to NTPC.
Mar 10, 2020 // Plants, Large-Scale, Commercial, India, O&M, tender, NTPC, Asia, solar plant
NTPC Renewable Energy Indications PPA to Offer Power From its 150 MW Solar Project
NTPC Limited has actually announced that its wholly-owned renewable energy subsidiary NTPC Renewable Energy has participated in a power purchase arrangement (PPA) with the Gujarat Urja Vikas Nigam Ltd (GUVNL) to sell power produced from its 150 MW solar project in the state.
As per the business declaration, the project will sell power at a tariff of Rs 2.20 per kWh.
" NTPC Renewable Energy Ltd, a wholly-owned subsidiary of NTPC Ltd, has signed a power purchase arrangement (PPA) with Gujarat Urja Vikas Nigam Lt (GUVNL) to sell power from its 150 MW solar project," the declaration claimed.
With this effective bid, the firm's total ability under TBCB (tariff-based competitive bidding) tenders has gotten to 1.4 GW. The firm has actually also been designated land in Rann of Kutch by the Gujarat government for creating a solar park with a capacity of 4,750 MW.
Lately, the incorporated power company had issued a tender for the development of ISTS-connected wind-solar crossbreed power project( s) as much as 600 MW anywhere in India. The hybrid power project is meant to be created by NTPC via its subsidiary NTPC Renewable Energy.
According to the tender files, the supplied projects need to be hybrid with the two resources (wind and solar), where the ranked power capability of one source (wind or solar) will go to least 33 percent of the overall offered hybrid project capacity. The offered project( s) can be connected to a solitary injection point or different shot factors on the ISTS network.
The last day for proposal entry is May 31, 2021, and also the techno-commercial proposals will be opened on the same day.
Before that, the firm had actually issued an ask for option (RFS) looking for solar designers (SPD) open to setting up grid-connected solar-PV power projects of aggregate ability of 1000 MW on the land to be determined & organized by the SPDs anywhere in India.
NTPC will buy the solar energy from these solar plant( s), the power purchase from these plant( s) shall be utilized to replace with thermal power of Solapur and also Kudgi Thermal Power plant under the plan of "Flexibility in Generation and also Scheduling of Thermal Power plant to minimize emissions."
May 7, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, PPA, India, NTPC, Asia, GUVNL, Solar Project
Tata Power Solar wins order from NTPC to establish 320MW solar park
The business is currently developing a 105MWp drifting solar project at an NTPC-owned website in the Indian state of Kerala. Tata Power, on the other hand,
Jan 25, 2021 // Plants, India, NTPC, Asia, tata power, Gurdeep Singh, epc contractor
NTPC Tenders for 650 kW Rooftop Planetary system in Chattisgarh
NTPC Limited has actually released a tender, inviting bids from eligible specialists for establishing roof solar power plants worth 650 kW at the plant buildings and the Urja Bhavan (administrative structure) at NTPC Sipat in Chattisgarh.
The scope of the work for the selected bidders will consist of the style, engineering, getting of the No Objection Certificate (NOC) from Discoms for grid-connectivity (if required), manufacture, supply, building and construction, erection, associated civil works including repairing on rooftops, screening and commissioning works, PG test for the solar roof system at NTPC Sipat. The commissioning of the project indicates connecting and synchronising the complete 650 kWp system to the 415V LT grid.
The selected bidders will have a duration of 180 days or 6 months to complete the deal with the task after which they will be needed to supply comprehensive operation and maintenance services for the rooftop system for a period of 3 years.
The last date of bid submission is February 26, 2019, and the techno-commercial bids will be opened on February 28, 2019. All bidders must likewise send a Down payment Deposit of Rs 5 lakh together with their quotes.
To be eligible for participating in the bidding process, the bidder should have created, provided, erected/ supervised erection and commissioned/supervised commissioning of solar PV based grid-connected power plant of a minimum of one plant of 100 kWp or above and cumulative capability of 500 kWp or above. And the referral plant of 100 kWp or above capacity must have been in effective operation for at least six months as on the date of techno-commercial quote opening.
Economically, the bidders must have an average annual turnover, in the preceding 3 financial years as on the date of techno-commercial quote opening, not be less than Rs 2.81 crore.
In January, the PSU had released a tender for the supply and erection of an 870 kW roof solar PV power plant at the firm’& rsquo; s TG Hall at NTPC Vindhyachal St-II.
Prior to that, the firm had provided a tender for the setup of roof solar tasks at two of its areas worth a combined generational capacity of 550 kW. The very first task, a 500 kW rooftop system will be installed at the TSTPS in Kaniha and the 2nd, a 50 kW system will be installed in TTPS in Talcher.
Feb 5, 2020 // Plants, Large-Scale, Commercial, Rooftop PV, India, tender, NTPC, Asia, rooftop PV, Chattisgarh
India's NTPC Seeks Renewables Unit Investor Before IPO Next Year
NTPC Ltd., India's biggest electrical energy manufacturer, is looking for a critical investor in its renewables company prior to taking the unit public next year, said a firm authorities with understanding of the issue.
NTPC Renewable Energy Ltd., a completely had subsidiary of the New Delhi-based company, prepares worldwide roadshows in the fiscal year starting April to locate a partner as well as hopes an investor will improve the value of the succeeding IPO, said the authorities, that asked not to be determined since the strategies are still personal.
India is the globe's third-biggest emitter and continues to be deeply reliant on coal, however the government plans to more than quadruple renewable power capacity by the end of the decade to meet climate dedications. NTPC this year virtually doubled its clean power installment target to 60 gigawatts by 2032.
" The business is going to need a substantial quantity of equity cash" to satisfy the target, stated Rupesh Sankhe, vice president at Elara Capital India Pvt. in Mumbai. "Generating equity partners is an all-natural choice."
Global firms-- from personal equity players to pension plan funds to power giants-- have dominated financing for India's renewables buildout up until now as well as the country is relying on abroad funding to fulfill its climate goals.
Dec 29, 2021 // Markets & Finance News, India, NTPC, Asia, Rupesh Sankhe
NTPC to establish renewables for Indian refiner, launches H2 mixing
projects to assist HPCL meet its clean energy commitments.
Individually, NTPC on Wednesday said it has commissioned India's initial green hydrogen blending
Jan 5, 2023 // Plants, India, NTPC, Asia
Renewables subsidiary of India's NTPC releases 500MWh battery storage space tender
strategic procurement group at NTPC subsidiary NTPC Renewable Energy has opened up for competitive bidding from domestic as well as international
May 3, 2022 // Markets & Finance News, Storage, India, NTPC, Asia
India's NTPC intends more than 5GW of new solar in 2 years
2015 that aims to advertise solar energy in 121 countries.
He disclosed that NTPC has authorized an agreement with ISA for the advancement of solar projects in
Sep 9, 2020 // Plants, Large-Scale, Commercial, UTILITY-SCALE SOLAR, India, NTPC, floating PV, Asia, hydrogen, Africa, utility, Gurdeep Singh
Tata Power Solar Adds 210MWp NTPC Award To EPC Portfolio
India's leading Solar EPC gamer. The company has had regular success winning NTPC agreements, on the back of its scale and also experience.
The range of work
Jun 3, 2021 // Plants, Large-Scale, Commercial, Rooftop PV, India, NTPC, Asia, tata power solar, Praveer Sinha, Solar Project, contract win
NTPC Enlisting EPC Vendors for Floating & Ground Mounted Solar Projects
NTPC Ltd has provided a Notice Inviting Applications (NIA), inviting applications from qualified companies for the enlistment of EPC Vendors for the advancement of floating or ground-mounted solar energy projects of NTPC.
The scope of work to be performed by the chosen bidders will include the style, design, manufacturing, supply, packaging and forwarding, transport, dumping, storage space, installment as well as commissioning of grid-connected floating and/or ground-mounted solar PV projects (to be awarded to multiple/single prospective buyers) on complete basis. The vendors will additionally be required to offer comprehensive operation as well as maintenance of the plant as well as the transmission system for a period of 3 years from the day of successful completion of the trial run.
The programmers will certainly also be needed to conduct the topographical study as well as geotechnical investigation of the land and also bathymetry survey of water body (for floating solar projects), and style and also construction of structure & installing framework for SPV panels.
The last day for entry of applications is September 16, 2020, and also the applications will be opened for testimonial on September 17, 2020.
To be qualified, the candidate needs to have designed, supplied, put up/ supervised erection and appointed/ monitored commissioning of the grid-connected solar plant(s) of cumulative set up capability of 40 MWp or greater, out of which a minimum of one plant should have been of 10 MWp or higher capability. The recommendation plant of 10 MWp or greater capability need to have been in effective operation for at the very least 6 months before the last date of entry of application for enlistment.
Monetarily, the ordinary yearly turnover of the applicant, should not be less than Rs 200 crore throughout the coming before three financial years to the last date of submission of application for enlistment.
The NIA additionally states that all EPC vendors that have been formerly gotten by the NTPC and also are interested in being gotten for this are also called for to submit the fresh application for enlistment.
Sep 4, 2020 // Plants, Large-Scale, Commercial, Floating PV, EPC, India, tender, NTPC, floating PV, Asia, solar projects
India's NTPC tendering for as much as 1GW of solar projects, 3GW tender expected in February
need to identify, obtain as well as completely move possession of the land to NTPC REL along with identifying and setting up grid links to an ISTS substation
Jan 5, 2022 // Markets & Finance News, EPC, India, tender, NTPC, Asia, BOS
NTPC reveals plan to build 5 GW in Gujarat, opens global bids for 1.2 GW
utility NTPC has announced plans to invest about $3 billion in the development of a 5 GW solar park, to be spread across two to three sites in the Indian
Aug 21, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Grids, India, NTPC, Asia
NTPC Tenders for 530 kW Rooftop Solar Plant in Maharashtra
NTPC Ltd has actually released a tender, welcoming quotes from qualified prospective buyers for establishing of roof solar energy plant worth 530 kW at its Mouda STPS center in Maharashtra.
The range of benefit the chosen prospective buyers will certainly consist of the supply, erection as well as appointing of the 530 kWp roof solar plant at NTPC-Mouda with all various products needed to finish the center covering all the tasks as well as solutions in regard of all the devices and also functions defined in the tender. The project designers will certainly have a duration of 270 days to finish the deal with the project.
The last day for entry of proposals is March 5, 2020, and also the techno-commercial proposals will certainly be opened on the complying with day i.e. March 6, 2019. The day as well as time of opening of the cost proposals will certainly make love to the practically removed prospective buyers individually. All quotes need to be accompanied by quote safety for a quantity of Rs 5 lakh in the kind as specified in the Bidding Documents.
To be qualified for joining the bidding procedure, the prospective buyers need to have made, provided, 'put up/ managed erection' as well as 'appointed/ managed appointing' of SPV based grid-connected nuclear power plant of a minimum of one plant of 100 kWp or over and also advancing capability of 424 kWp or over. The referral plant of 100 kWp or over capability should have remained in effective procedure for at the very least 6 months as on the day of techno-commercial quote opening.
Furthermore, the ordinary yearly turn over of the prospective buyer, ought to not be less than Rs 2.966 crore throughout the coming before 3 finished fiscal years.
Previously this month, the PSU had actually released an additional tender for establishing roof solar plants worth 650 kW at the plant structures as well as the Urja Bhavan (management structure) at its Sipat Facility in Chattisgarh. The last day of proposal entry on the tender is February 26, 2019.
In January, the power generator had actually released a tender for the supply as well as erection of an 870 kW roof solar PV nuclear power plant at the company's TG Hall at NTPC Vindhyachal St-II. Before that, the company had actually provided a tender for the setup of roof solar projects at 2 of its places worth a mixed generational ability of 550 kW. The initial project, a 500 kW roof system will certainly be set up at the TSTPS in Kaniha as well as the 2nd, a 50 kW system will certainly be mounted in TTPS in Talcher.
Feb 17, 2020 // Plants, Large-Scale, Commercial, Rooftop PV, India, tender, NTPC, Asia, rooftop PV, maharashtra
NTPC opens global bids for 20 MW floating solar project in India
NTPC, an Indian state-owned electricity generator, has opened bids to set up a 20 MW grid-connected floating solar project. It will be built at a reservoir that is part of the company’s Auraiya Gas Power Plant in the state of Uttar Pradesh. The project will be awarded through an international competitive bidding process, followed by a reverse auction.
To be eligible, bidders must be able to show average annual turnover of more than Rs 721 million for the last three financial years. The successful bidder will be able to use PV modules and cells of any origin.
The scope of work includes design, engineering, manufacturing, installation and commissioning, as well as site-grading. The successful bidder will have to supply floating platforms for the solar panels and install and anchor them. The winner will also provide comprehensive operation and maintenance of the plant for a period of three years from the date of completion.
The plant must be equipped with a solar module cleaning system an an inverter room with a power conditioning unit, as well as a SCADA system for remote monitoring and control of inverters. The deadline for bids – techno-commercial and on price – is September 5. NTPC will announce details of the reverse auction at a later date.
Aug 5, 2019 // Plants, Markets & Finance News, Solar, India, pv modules, NTPC, Asia