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					</table><p><strong><a href="https://www.mercomindia.com/nlc-india-393-mwp-solar-modules/" target="_blank" rel="noopener">NLC India has invited bids to procure 393.9 MW of solar modules for Gujarat State Electricity Corporation’s solar park in Khavda, Gujarat.</a></strong> The last day to submit the bids is February 27, 2024. Bids will be opened on the same day. Bidders must submit a bid security declaration along with the bids. Selected bidders must submit 3% of the order value as a performance bank guarantee. The scope of the supply covers manufacturing, packing and forwarding, and transportation up to Khavda, including transit insurance of crystalline solar modules.</p>
<p><a href="https://www.mercomindia.com/maharashtra-solar-power-under-kusum-program/" target="_blank" rel="noopener"><strong>MSEB Solar Agro Power has floated a tender for procurement of solar power under Component C of Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan program.</strong></a> The projects will be developed under Phase 2 of the Mukhyamantri Saur Krushi Vahini Yojana program. The last day for the submission of bids is February 16, 2024. A project should consist of a group of units, and the aggregate capacity of a project bid must be at least 50 MW.</p>
<p><a href="https://www.mercomindia.com/indigrid-q3-fy-2024-profits-down/" target="_blank" rel="noopener"><strong>India Grid Trust (IndiGrid), a power infrastructure investment trust, has recorded a profit of ₹919.21 million (~$11.05 million) during the third quarter (Q3) of the financial year (FY) 2024, a year-over-year (YoY) decrease of 23% from ₹1.2 billion (~$14.4 million).</strong></a> The decline in profit can be attributed to the rise in expenses related to infrastructure maintenance charges, and investment management fees, among others. The company earned a revenue of ₹7.54 billion (~$90.67 million), which was up 28% YoY.</p>
<p><a href="https://www.mercomindia.com/adani-green-q3-revenue-up/" target="_blank" rel="noopener"><strong>Renewable energy company Adani Green Energy generated revenue of ₹17.65 billion (~$212.29 million) from power supply in Q3 FY 2024, a 40% YoY increase from ₹12.58 billion (~$151.31 million).</strong></a> The cash profit for Q3 FY 2024 was ₹8.62 billion (~$103.68 million), up 58% YoY from ₹5.46 billion (~$65.67 million). Adjusted earnings before interest, taxes, depreciation, and amortization from power supply for the quarter was ₹16.38 billion (~$197.01 million), up 40% compared to ₹11.74 billion (~$141.2 million) in Q3 FY 2023.</p>
<p><a href="https://www.mercomindia.com/prologium-giga-scale-battery-factory" target="_blank" rel="noopener"><strong>Taiwan-based solid-state battery manufacturer ProLogium opened a giga-scale lithium ceramic battery factory called Taoke in Taoyuan, Taiwan.</strong></a> The factory has a planned capacity of 2 GW and aims to supply batteries for up to 26,000 electric vehicles . Solid-state batteries use a solid electrolyte to conduct lithium ions between the positive and negative electrodes, reducing the risk of catching fire or exploding as they do not contain a flammable liquid electrolyte.</p>


Daily News Wrap-Up: NLC India Floats Tender for 393.9 MW of Solar Modules

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