OCTOBER 20238TOP STORIESNLCIL SIGNS A POWER PURCHASE CONTRACT WITH GRIDCO & COMPLETES THE DEAL FOR THE TALABIRA PLANTState-owned Neyveli Lignite Corporation of India (NLCIL) and Grid Corporation of Odisha (GRIDCO) inked a power purchase agreement (PPA) in Bhubaneswar for supply of 800 mega watt (MW) electricity. Under the agreement, GRIDCO will source 800 MW electricity from the upcoming Talabira thermal power plant of NLCIL."NLCIL and GRIDCO signed a PPA today in GRIDCO in Bhubaneswar for 400 MW for stage-1 and 400 MW for stage-2. With this agreement, NLCIL has achieved full capacity of 2,400 MW of its Talabira super thermal power station stage-I," a statment issued by NLCIL. The pact was signed in the presence of NLCIL Chairman M. Prasanna Kumar and GRIDCO's Managing Director Trilochan Panda. NLCIL has already signed similar agreements in the past with Tamil Nadu, Kerala and Pondicherry for 1,500 MW, 400 MW, and 100 MW power supply respectively from Neyveli Talabira super thermal power station stage-I. NLCIL's Talabira thermal power plant is among the three plants, which the Coal Ministry has set up as part of its diversification plans. CDIL INTRODUCES A NEW EV SEMICONDUCTOR PACKAGING LINE IN INDIA, TO MAKE 600 MILLION UNITSIn a fillip to India's semiconductor journey, Continental Device India (CDIL) on Thursday became the first Indian company to start production of Silicon Carbide devices for electric vehicles (EVs). With the new surface mount semiconductor packaging line, CDIL's total capacity at the facility will increase to 600 million units annually.Union Minister of State for Electronics and IT, Rajeev Chandrasekhar, virtually inaugurated the new Surface Mount Semiconductor Packaging Line at CDIL's plant in Mohali, Punjab. The company said it has already initiated pilot production with 50 million units and delivered its inaugural batch to customers in both the domestic and international markets. This will help CDIL address the impending surge in electric vehicles, power management devices and solar panels. CDIL also signed an MoU with the Semi-Conductor Laboratory (SCL), a research institute in Mohali under the IT Ministry, to make Mohali the end-to end semiconductor hub in the country. They will aim to establish a comprehensive framework wherein SCL's specialised knowledge and wafer fabrication facilities are utilised to produce indigenized wafers for CDIL's semiconductor devices, using CDIL's proprietary manufacturing processes.
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