TATA POWER JOINS HANDS WITH ENEL GROUP TO POWER DIGITALISATION, AUTOMATION IN ELECTRICITY DISTRIBUTION

The agreement towards the same was signed by Robert Ronald Denda – CEO Gridspertise Srl, and Praveer Sinha, CEO & MD, Tata Power, in New Delhi. The agreement was signed on the sidelines of the official visit of the President of the Council of Ministers of Italy Giorgia Meloni. Under the agreement, Tata Power’s distribution arm Tata Power Delhi Distribution Ltd (TPDDL), serving 1.9 million customers in north Delhi, will work closely with Enel Group affiliated company Gridspertise, jointly controlled by Enel Grids and CVC Capital Partners, on project implementation.

The first pilot project will focus on to accelerating digitalisation and automation of secondary substations and see Tata Power joining the international co-creation programme of Gridpertise’s proprietary QEd – Quantum Edge Device. This collaborative programme will virtualise grid functionalities and enable protection and control, automation, real-time fault detection and service restoration of the network. The other project is aimed at deploying Gridpertises’ metering technology on a pilot basis in the Delhi power distribution network. It focuses on testing and evaluating the new hybrid smart metering technology featuring dual communication channel, via hybrid Power Line Communication (PLC) and Radio Frequency (RF).

It offers a robust, efficient and secure communication channel by auto-switching between PLC and RF channels depending on real time field conditions. Both the projects are in line with Tata believe that these tech advancements will pave the way for sustainable and future-ready discoms in the country.” Tata Power is spearheading major transformation in the Indian power distribution landscape via focussed tech interventions and manages a distribution network of more than 0.4 million circuit kilometres with 12 million customers across India via its discoms. It has also reached a milestone of installing 0.5 million smart meters.

Antonio Cammisecra, Head of Enel Grids, commented, “The agreements announced during the India Italy Business Roundtable result from years of close collaboration between the Enel Group and leading Indian power sector organisations.”

Source: PTI

Electric vehicle startup Simple Energy announced raising $20 million (about Rs 165 crore) from a clutch of investors as a part of its ongoing Bridge round

The funds will be utilised in a phased manner to ramp up production of the company’s maiden e-scooter Simple ONE, which has not yet been delivered to a single customer even after 18 months of its launch. The company has been deferring deliveries of the vehicle since December 2021.

Germany-based Uniper has signed an agreement with Greenko ZeroC to source green ammonia from the latter’s Kakinada facility in Andhra Pradesh. “Under the MoU, the two companies intend to negotiate pricing, supply and tenure structure for a supply and purchase agreement for 2,50,000 tonnes per annum of green ammonia (GASPA) based on the heads of terms,” parent Greenko Group said in a statement.

Uniper and Greenko ZeroC signed the Memorandum of Understanding (MoU) and heads of terms during the ongoing India Energy Week in Bengaluru in presence of Petroleum Minister Hardeep Singh Puri, Greenko CEO Anil Chalmalasetty, Uniper CCO Niek den Hollander and other senior company officials, the statement said. Greenko’s Kakinada project is a multi-phase green ammonia production and export facility which is in the process of adding up to 1 MTPA of green ammonia production capacity by 2027. At present, Kakinada unit produces green ammonia based on an electrolyser powered by round-theclock electricity produced by 2.5 GW of renewable assets. CCO of Uniper Niek den Hollander said decarbonisation is one of the major challenges of our time and needs quick action. The Greenko Kakinada project is a very promising opportunity to source green ammonia and secure the supply of low carbon hydrogen products for Germany.

We have received a phenomenal pre-booking response, and to cater to the demand, we are raising funds in a timely manner. The funds raised will be strategically used to aid the production ramp-up and for a quicker delivery commencement, said Suhas Rajkumar, founder and CEO of Simple Energy.

The company claims that it has received over one-lakh bookings for the e-scooters. “We have successfully de-bottlenecked product constraints and are confident that we will soon start deliveries of Simple ONE,” Rajkumar said. The company recently inaugurated its new facility in Shoolagiri, Tamil Nadu, with an initial Rs 100 crore investment, Simple Energy said in the statement.

Source: PTI

Besides green ammonia, Uniper and Greenko also intend to collaborate on the deployment of similar flexible renewable electricity to other hydrogen products such as e-methanol and sustainable aviation fuels. Greenko CEO and MD Anil Chalmalasetty said: “We are working towards decarbonisation solutions for a low-carbon economy. We in partnership develop largescale green molecule projects in India. Uniper through this offtake agreement for our project will eventually displace LNG imports and strengthen India’s green molecule ambitions as part of a wider renewable energy programme that will see India run the world’s largest energy transition programme.”

Source: PTI