Daily News Wrap-Up: Power Ministry Invests ₹356.29 Billion in Infrastructure Growth
Telangana to develop EV park to promote lithium-ion cell and battery manufacturing
December 21, 2021
Here are some noteworthy cleantech announcements of the day from around the world:
During FY 2021-22, power sector Central Public Sector Enterprises (CPSEs) have invested ₹321.37 billion (~$4.23 billion) until November 2021, 63.4% of the annual capital expenditure (CAPEX) target. The target set by the Ministry of Power for the FY 2021-22 was ₹506.9 billion (~$6.67 billion). Power CPSEs registered a 45% growth in CAPEX investment over the previous year. Besides the expenditure of invested ₹321.37 billion (~$4.23 billion) by CPSEs, an additional ₹34.91 billion (~$460.16 million) has been invested in infrastructure through development programs of the ministry. In all, until the end of November, the Power Ministry has invested ₹356.29 billion (~$4.7 billion) in infrastructure development.
Adani Transmission Limited, the power transmission arm of Adani Group, has completed the construction of intra-state transmission lines of 897 circuit kilometers. The transmission lines comprise four 765 kV and 400 kV bay extensions at Agra, Greater Noida, and Hapur in Uttar Pradesh. The company developed the project under the public-private partnership model on a build, own, operate, and maintain basis. The project would provide transmission services to long-term transmission consumers with 35 years of runway ahead. The project would evacuate power from three 660 MWs Ghatampur thermal power stations owned by the Neyveli Uttar Pradesh Power Limited and help strengthen the transmission network of Uttar Pradesh.
Fortum, a Finnish state-owned energy company, has received €10 million (~$11.26 million) in funding from Business Finland. The funding would help the company set up a hydrometallurgical recycling facility in Harjavalta, Finland. The facility is expected to be commissioned in 2023. The facility would recycle the valuable metals in lithium batteries used in electric cars, various waste fractions generated in the battery production chain, and sustainable battery chemicals made from recycled raw materials.
The Government of Telangana has announced a 200-acre electric vehicle (EV) park at Seetarampur village in the Ranga Reddy district. Sujai Karampuri, Director Electronics, Government of Telangana, said the land has already been identified, and the allotments would be made in the next two to three months. The park aims to support micro, small, and medium enterprises in the EV sector. The park is expected to promote lithium-ion cell and battery manufacturing, solar cell and module assembly, and other new and renewable energy-related manufacturing.
Dubai Electricity and Water Authority (DEWA) has started the first phase of the solar-powered data center in the Middle East and Africa. Moro Hub, a subsidiary of Digital DEWA, would implement the data center at the Mohammed Bin Rashid Al Maktoum Solar Park in Dubai. The data center would use 100% renewable energy with a capacity of over 100 MW. This is the second solar-powered data center launched by Moro Hub in Dubai.
Mayflower Wind, a joint venture between Shell New Energies and Ocean Winds and offshore wind projects developers, was awarded a 400 MW power purchase agreement (PPA) by the Commonwealth of Massachusetts and its three utilities as part of Massachusetts’ 83C III offshore wind energy procurement. With its 804 MW PPA from 83C II, Mayflower Wind would now provide over 1,200 MW of clean energy power consumers throughout Massachusetts, United States. The project is expected to produce green energy to meet the power demands of 800,000 households annually while eliminating 4 million tons of greenhouse gas emissions.
Harsh Shukla is a staff reporter at Mercom India. Previously with Indian Express, he has covered general interest stories. He holds a Masters Degree in Journalism from Symbiosis Institute of Media and Communication, Pune.