ReNew Energy Global commissions 70 MW solar and wind energy capacity for Toyota Kirloskar Motor and Sandur Manganese & Iron Ores; India releases details of the green hydrogen implementation plan under 2 components to be delivered from FY 2025-26 to FY 2029-30; Amara Raja has bagged rights to provide its EPC services for a 100 MW AC solar plant in Bangladesh, financed by the EXIM Bank of India; Indian Commerce Ministry wants to resolve issues for PLI beneficiaries.
70 MW RE capacity for corporate use: India’s ReNew Energy Global Plc has switched on 2 renewable energy projects with 70 MW combined capacity for corporate use in Karnataka. It comes from a 27.2 MW renewable energy project, comprising 14 MW solar and 13.2 MW wind farm, for Toyota Kirloskar Motor (TKM) to help power its car manufacturing plant in Bidadi. TKM’s Bidadi premises is already powered by a rooftop solar and ground mounted capacity of 8.2 MW since 2017-18. Previously, ReNew installed an 18 MW solar open access installation outside the factory for TKM.
Of the 70 MW commissioned, remaining 43 MW power project has been realized for Sandur Manganese & Iron Ore for the company’s decarbonization journey. Both these facilities are part of ReNew’s 200 MW energy park to supply clean power to companies in the state’s Vijaynagara region. These projects take the company’s B2B portfolio to close to 2 GW, added ReNew.
India’s Green Hydrogen SIGHT program: The Federal Ministry of New and Renewable Energy (MNRE) has issued scheme guidelines for the implementation of Strategic Interventions for Green Hydrogen Transition (SIGHT) Programme—Component I and II. It is part of the country’s National Green Hydrogen Mission under which India targets about 125 GW renewable energy capacity for 5 million MT green hydrogen/year by 2030 (see India’s INR 197 Billion National Green Hydrogen Mission). To be implemented by SECI, under component I the government has fixed an outlay of INR 44.4 billion ($541 million) for the period FY 2025-26 to FY 2029-30 to maximize indigenous electrolyzer manufacturing capacity and achieve lower levelized cost of hydrogen production. Component II has the financial outlay of INR 130.5 billion ($1.6 billion) to maximize the production of green hydrogen and its derivatives in India. It also has the same time duration.
Indian company to build solar plant in Bangladesh: Indian power EPC company Amara Raja Infra Pvt Ltd (ARIPL) has won the contract from Rural Power Company to build a 100 MW AC solar energy project in Bangladesh. The company announced, according to local media reports, that the $130 million project will use Premier Solar Powertech solar modules and is financed by the EXIM Bank of India. It will be located in Madarganj in Bangladesh’s Jamalpur district. The deal marks the entry of the company into the international solar market. Comprising this project, ARIPL’s solar pipeline portfolio adds up to 1 GW. In June 2022, EXIM Bank had launched an EPC tender for the 100 MW Madarganj project (see 100 MW Solar EPC Tender For Bangladesh).
Support for PLI winners: The Federal Ministry of Commerce and Industry has directed the Production Linked Incentive (PLI) scheme implementing ministries/departments for 14 key sectors to hold regular consultation with the beneficiaries for prompt resolution of any issues. In a workshop conducted at the end of June 2023, the ministry sought industry feedback and collaborative engagement to shape policies, procedures and effectiveness of the scheme. Among the attendees of the workshop were the implementers of the Solar PLI tranche I and II, the Indian Renewable Energy Development Agency (IREDA) and Solar Energy Corporation of India (SECI), respectively (see India Allocates 39.6 GW PV Under PLI Tranche-II).