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Punjab’s largest solar group captive project to power Swaraj Tractors’ facilities

April 3, 2025

Author: PPD Team Date: 03/04/2025 Swaraj Tractors has partnered with Mahindra Susten to develop a 26 MW solar project in Bathinda district, marking Punjab’s largest solar group captive project. This initiative aims to increase Swaraj Tractors’ renewable energy share to up to 50 per cent. The project, undertaken by Mahindra Susten, will supply clean energy to four Swaraj Tractors manufacturing facilities in Mohali and Dera Bassi. It is expected to generate 60 million kWh of...

Resonia secures Ananthapur-II REZ transmission project; PFCCL sets up SPV for Pune expansion

April 3, 2025

Author: PPD Team Date: 03/04/2025 Resonia Limited, formerly Sterlite Grid 32 Limited, has won the bid for the “Transmission System for Integration of Ananthapur-II Renewable Energy Zone (REZ) Phase-I” project. The contract was awarded through a tariff-based competitive bidding process in 2025. The company will develop the project under a special purpose vehicle (SPV) on a build, own, operate, and transfer (BOOT) basis for 35 years. Meanwhile, PFC Consulting Limited (PFCCL) has incorporated a new...

Trident Group commissions 11.02 MWp rooftop solar project in Madhya Pradesh

April 3, 2025

Author: PPD Team Date: 03/04/2025 Trident Group commissioned an 11.02 MWp rooftop solar power project at its Budhni facility in Madhya Pradesh on March 29, 2025. The project, developed at Rs 280 million, includes capacities of 6.58 MWp and 4.44 MWp. With this addition, the total commissioned solar capacity at the Budhni facility has reached 51.92 MWp. This marks the second solar project commissioned in Madhya Pradesh in March. Earlier, NTPC Renewable Energy Limited (NTPC...

ACME Solar secures Rs 24.91 billion refinancing for 490 MW projects

April 4, 2025

Author: PPD Team Date: 04/04/2025 ACME Solar Holdings has secured a long-term refinancing facility of Rs 24.91 billion for its operational renewable energy portfolio totaling 490 MW across Andhra Pradesh, Rajasthan, and Punjab. The refinancing has been arranged through the State Bank of India and REC Limited, with a tenure ranging from 18 to 20 years. It will be used to restructure existing debt and lower the financing cost to a weighted average interest rate...

Global coal power additions fall to 20-year low

April 4, 2025

Author: PPD Team Date: 04/04/2025 Global coal power additions in 2024 dropped to their lowest level in two decades, according to a new report by US-based think tank Global Energy Monitor (GEM). Despite the slowdown, the overall coal fleet still grew, driven mainly by new capacity in China and India. GEM’s Global Coal Plant Tracker found that 44.1 gigawatts (GW) of coal power capacity were commissioned and 25.2 GW retired in 2024, resulting in a...

Hitachi Energy–BHEL win contract for Adani’s Rajasthan transmission project

April 4, 2025

Author: PPD Team Date: 04/04/2025 Rajasthan Part I Power Transmission, a subsidiary of Adani Energy Solutions, has awarded a major contract to a consortium of Hitachi Energy and Bharat Heavy Electricals Limited (BHEL) for the development of a high-voltage direct current (HVDC) transmission system. The project will support evacuation of 6 GW of renewable energy from the Bhadla renewable energy zone in Rajasthan to Fatehpur in Uttar Pradesh. The ±800 kV, 950 km bi-pole, bi-directional...

GE Power wins Rs 382 million order from NTPC for Talcher expansion

April 4, 2025

Author: PPD Team Date: 04/04/2025 GE Power India Limited has received a contract worth Rs 382 million from NTPC Limited for the supply of generator parts for the Talcher Thermal Power Station Expansion Project (Stage III). The award was confirmed on April 2, 2025. The scope of work is expected to be completed within 40 months. NTPC is expanding the capacity of the existing 460 MW Talcher Thermal Power Station (TTPS) in Angul district, Odisha,...

Senvion India’s 3.1M130 wind turbine enters MNRE’s approved list

April 4, 2025

Author: PPD Team Date: 04/04/2025 Senvion India has announced that its 3.1M130 wind turbine is now included in the Ministry of New and Renewable Energy’s (MNRE) Revised List of Models and Manufacturers (RLMM), issued in April 2025. Commercial grid-connected installations are set to begin across India. The 3.1M130 turbine features a 130-metre rotor, based on the 2XM platform, and is designed for pad constraint sites where capacity is limited by location. It is fully designed,...

L&T completes early delivery of steam generators for Kaiga, wins new transmission contracts

April 4, 2025

Author: PPD Team Date: 04/04/2025 Larsen & Toubro (L&T), through its Heavy Engineering arm, has completed the delivery of four steam generators (SGs) for the Kaiga Atomic Power Station in Karnataka. These are part of the indigenously developed 10×700 MWe Pressurised Heavy Water Reactor Fleet Programme. The fourth SG was despatched nine months ahead of schedule. The full set of four SGs was delivered in 45 months, with the first completed in just 33 months,...

Uno Minda and IGL approve investments in solar power projects

April 4, 2025

Author: PPD Team Date: 04/04/2025 The Board of Directors of Uno Minda Limited has approved an investment to procure 17.85 MWp of captive solar power in Maharashtra. The company will invest Rs 62.5 million to acquire a 9.75 per cent equity stake in Amplus Ampere Private Limited, a special purpose vehicle (SPV) of Amplus Energy Solutions Private Limited. The SPV will supply 17.85 MWp solar power to Uno Minda from its larger 54.94 MWp project....

SJVN Green completes trial run of 241.77 MW solar capacity in Bikaner

April 4, 2025

Author: PPD Team Date: 04/04/2025 SJVN Green Energy Limited (SGEL), a subsidiary of SJVN Limited, has completed the trial run of 241.77 MW capacity under Phase-I of its 1,000 MW grid-connected solar PV power project (CPSU Tranche-III) in Bikaner, Rajasthan. The trial was completed on March 31, 2025. The entire 1,000 MW project is being developed by Tata Power Solar Systems Limited on an engineering, procurement, and construction (EPC) basis. The project cost is Rs...

NHPC begins operations for 31 MW solar capacity in Bikaner

April 4, 2025

Author: PPD Team Date: 04/04/2025 NHPC Limited has started commercial operations for 31 MW of solar capacity under its 1,000 MW grid-connected solar PV power project (CPSU Tranche-III) in Bikaner, Rajasthan. The milestone was achieved on March 31, 2025. The project is being executed in phases, with full commissioning expected by August 2025. A 300 MW part of the project is under development by Tata Power Solar Systems Limited on an engineering, procurement, and construction...

PGCIL wins LoI to build power evacuation line for Mahan Energen plant

April 4, 2025

Author: PPD Team Date: 04/04/2025 Power Grid Corporation of India Limited (PGCIL) has received a Letter of Intent (LoI) for selection as the transmission service provider (TSP) for a key power evacuation project in Madhya Pradesh. The award follows a tariff based competitive bidding (TBCB) process under the build, own, operate, and transfer (BOOT) model. The project is titled Transmission System for evacuation of power from Mahan Energen Limited Generating Station in Madhya Pradesh. PFC...

REC PDCL forms two SPVs for new transmission projects in Maharashtra

April 4, 2025

Author: PPD Team Date: 04/04/2025 REC Power Distribution Company Limited (REC PDCL) has set up two special purpose vehicles (SPVs) to develop upcoming transmission projects in Maharashtra. On March 28, 2025, Jejuri Hinjewadi Power Transmission Limited was incorporated. It will implement the Network Expansion scheme in Maharashtra for removal of Transmission constraints in Pune Region-I & providing supply to Data Centre Loads. The second SPV, Velgaon Power Transmission Limited, was incorporated on March 29, 2025....

Bajel Projects commissions Raipur Pool-Dhamtari, Navsari-Magarwada transmission lines

April 4, 2025

Author: PPD Team Date: 04/04/2025 Bajel Projects Limited, formerly Bajaj Electricals Limited, has commissioned two key transmission line packages totaling 132.65 km. The Raipur Pool–Dhamtari (CKT-I and CKT-II) line spans 88.65 km. It was developed under the Western Region Expansion Scheme-XXVIII (WRES-XXVIII). The Navsari–Magarwada (CKT-I and CKT-II) line spans 44 km. It is part of the Western Region Expansion Scheme-XXIX (WRES-XXIX) and the Transmission Network Expansion in Gujarat to increase ATC from ISTS – Part...

Centre lays foundation stone for two thermal power projects in Chhattisgarh

April 4, 2025

Author: PPD Team Date: 04/04/2025 The Central Government laid the foundation stone for two thermal power projects in Chhattisgarh on March 30, 2025. The 800 MW Sipat Advance Ultra Super Critical (AUSC) Thermal Power Project Stage-III will be set up within the existing Sipat Power Plant premises in the Bilaspur district, which currently has Stage-I (3×660 MW) and Stage-II (2×500 MW). The project, estimated at Rs 97.9 billion, is a collaboration between NTPC Limited, Bharat...

Power Mech wins Rs 4.25 billion contract for Mirzapur Thermal Power Project

April 4, 2025

Author: PPD Team Date: 04/04/2025 Power Mech Projects Limited has won a Rs 4.25 billion contract from Mirzapur Thermal Energy (UP) Private Limited, a wholly owned subsidiary of Adani Power Limited (APL), for civil works, including ancillary and raw water reservoir (RWR) works, for the Mirzapur Thermal Power Project. The contract was awarded on March 28, 2025. The scope of work includes civil works and erection of prefabricated structural steel for the boiler, turbine, and...

NHPC to resume S&I works for Kuppa Pumped Storage Project

April 4, 2025

Author: PPD Team Date: 04/04/2025 NHPC Limited is set to resume survey and investigation (S&I) works for the 750 MW Kuppa Pumped Storage Project, with investment expected to commence in FY 2026. The project will be implemented in Chhota Udaipur, Gujarat. NHPC and Gujarat Power Corporation Limited (GPCL) signed a Memorandum of Understanding (MoU) in January 2024 for an investment of Rs 40 billion to develop the project. The initiative aligns with efforts by NHPC...

Shell to exit solar and onshore wind projects in Brazil

April 3, 2025

Author: PPD Team Date: 03/04/2025 Shell has decided to discontinue its solar and onshore wind power generation projects in Brazil, citing a portfolio adjustment, as reported by Reuters. The move reflects challenges in the country’s renewable sector, including energy oversupply, slow demand growth, and regulatory uncertainties. Documents from Brazil’s official gazette indicate that Shell is seeking to revoke rights for operating certain solar plants in central-west and northeastern Brazil. Despite this exit, Shell will remain...

AMPIN Energy to supply 9.9 MWp solar power to Poly Medicure

April 3, 2025

Author: PPD Team Date: 03/04/2025 AMPIN Energy Transition has signed a power purchase agreement (PPA) with Poly Medicure Limited to supply 9.9 MWp of solar power from its 75 MWp solar park in Kurungawali, Sirsa, Haryana. This agreement will provide renewable energy for Poly Medicure’s operations, supporting its push toward sustainable manufacturing. This marks Poly Medicure’s first off-site solar PPA, replacing 35 per cent of conventional power across its five manufacturing plants in Faridabad. The...

Punjab’s largest solar group captive project to power Swaraj Tractors’ facilities

April 3, 2025

Resonia secures Ananthapur-II REZ transmission project; PFCCL sets up SPV for Pune expansion

April 3, 2025

Trident Group commissions 11.02 MWp rooftop solar project in Madhya Pradesh

April 3, 2025

ACME Solar secures Rs 24.91 billion refinancing for 490 MW projects

April 4, 2025

Global coal power additions fall to 20-year low

April 4, 2025

Hitachi Energy–BHEL win contract for Adani’s Rajasthan transmission project

April 4, 2025

Daily snapshot of key news and trends in the power sector.

Power Sector News Roundup for March 11, 2025

March 11, 2025

Author: PPD Team Date: 11/03/2025 Global: US ends Iraq’s sanctions waiver for Iranian electricity imports India: NTPC REL secures Rs 75 billion loan from IRFC Schneider Electric partners with SBPDCL to modernise Bihar’s power distribution SJVN to develop 1,800 MW pumped hydro project in Chhattisgarh IndiGrid wins bid to evacuate power from Ratle and Kiru HEPs Sangamam Power prepares DPR for 1,000 MW Sunki PSP MSPGCL commissions 660 MW Unit VI at Bhusawal power plant...

Power Sector News Roundup for March 10, 2025

March 10, 2025

Author: PPD Team Date: 10/03/2025 Global: Australia accelerates renewable energy projects amid rising energy demand India: India’s renewable energy sector faces challenges despite record 73 GW tenders in 2024 Inox Wind secures 153 MW wind turbine supply contract in Tamil Nadu Three firms secure bids for solar projects under GUVNL Phase XXVI TSGENCO invites bids for feasibility reports on 35 pumped storage projects Jindal Power to acquire Bhadreshwar Vidyut for Rs 5 billion POWERGRID secures...

Power Sector News Roundup for March 7, 2025

March 7, 2025

Author: PPD Team Date: 07/03/2025 Global: ANDRITZ to engineer 100 MW green hydrogen plant in Germany India: SSCL expands footprint with Rajasthan joint venture PFCCL invites bids for transmission project for green hydrogen in Kakinada Apollo Green to form subsidiary; invest Rs 5 billion Goldi Solar launches AI-powered solar module line, Vikram Solar expands battery manufacturing CEA releases draft amendment to metering regulations CEA issues guidelines for fiber core usage in power sector communication Sapher...

Power Sector News Roundup for April 4, 2025

April 4, 2025

Author: PPD Team Date: 04/04/2025 Global: Global coal power additions fall to 20-year low, but fleet continues to grow India: ACME Solar secures Rs 24.91 billion refinancing for 490 MW projects Hitachi Energy–BHEL win contract for Adani’s Rajasthan transmission project GE Power wins Rs 382 million order from NTPC for Talcher expansion Senvion India’s 3.1M130 wind turbine enters MNRE’s approved list L&T completes early delivery of steam generators for Kaiga, wins new transmission contracts Uno...

Power Sector News Roundup for April 3, 2025

April 3, 2025

Author: PPD Team Date: 03/04/2025 Global: Shell to exit solar and onshore wind projects in Brazil India: AMPIN Energy to supply 9.9 MWp solar power to Poly Medicure Punjab’s largest solar group captive project to power Swaraj Tractors’ facilities Resonia secures Ananthapur-II REZ transmission project PFCCL sets up SPV for Pune expansion Trident Group commissions 11.02 MWp rooftop solar project in Madhya Pradesh KEC International and Transrail Lighting secure Rs 14.76 billion orders CEA clarifies...

Power Sector News Roundup for April 2, 2025

April 3, 2025

Author: PPD Team Date: 03/04/2025 India: NHPC declares CoD for Unit 1, 2, and 3 of Parbati-II hydro project Prozeal Green Energy files for Rs 7 billion IPO with SEBI Bihar proposes new renewable energy targets Adani Green commissions 275 MW solar project at Khavda RE park Bharat Grid wins Rs 22.74 billion contract for smart metering in Gujarat Six firms bid for EPC contract of 240 MW Heo Hydro Electric Project

Power Sector News Roundup for April 1, 2025

April 1, 2025

Author: PPD Team Date: 01/04/2025 Global: NBIM to acquire 49% stake in Nordseecluster and Thor offshore wind projects India: US approves for Holtec to transfer SMR technology to India Waaree Energies inaugurates 5.4 GW solar cell plant in Gujarat IREDA secures $172 million loan from SBI Tokyo Tiruchirappalli plans 19.2 MW solar power project in Panjappur Adani Green begins operations on 480 MW wind-solar projects in Gujarat

Power Sector News Roundup for March 31, 2025

March 31, 2025

Author: PPD Team Date: 31/03/2025 Global: Weekly electricity prices drop across most European markets India: Foundation stone laid for projects worth Rs 337 billion in Chhattisgarh Himachal Pradesh and Telangana sign MoU for two hydroelectric projects INOX Air Products commissions green hydrogen plant in Rajasthan India approves offset mechanism for carbon market Madras High Court overturns solar power levy Coal Ministry launches 12th tranche of commercial coal mine auctions Solarium Green secures Rs 17.38 million...

Power Sector News Roundup for March 28, 2025

March 28, 2025

Author: PPD Team Date: 28/03/2025 Global: Type One Energy unveils physics design basis for fusion pilot plant India: BAJEL Projects secures transmission line contract for Bhopal Metro Diamond Power secures Rs 2.17 billion contracts for Gujarat energy projects Syngene increases stake in O2 Renewable Energy AMPIN Energy secures $50 million investment from Siemens TPG to acquire majority stake in Siemens Gamesa’s wind business in India REC transfers Mahan Transmission to Adani Energy Luminous and SBI...

Power Sector News Roundup for March 27, 2025

March 28, 2025

Author: PPD Team Date: 28/03/2025 India: Kalpataru Projects secures Rs 23.66 billion in new orders NHPC completes trial of Unit 2 at Parbati-II hydro project CIL and GAIL form JV for coal-to-SNG project in Eastern Coalfields K2 Infragen wins 67.61 MWp contract at Khavda Solar Project Waaree Renewable secures EPC contract for Neemuch solar project NTPC commissions full 470 MW solar project in Rajasthan

Power Sector News Roundup for March 26, 2025

March 26, 2025

Author: PPD Team Date: 26/03/2025 Global: Poland approves draft law to ease onshore wind farm restrictions India: PFCCL incorporates two SPVs for transmission projects in Maharashtra RECPDCL transfers four transmission SPVs to PGCIL and IndiGrid IREDA raises Rs 9.1 billion through Tier-II bonds BluPine Energy secures Rs 17.87 billion from NaBFID for renewable expansion PFCCL invites bids for Maharashtra transmission expansion; UPPCL seeks environmental expert Power ministry revises compensation guidelines for transmission line right of...

Power Sector News Roundup for March 25, 2025

March 25, 2025

Author: PPD Team Date: 25/03/2025 Global: China falls short on carbon target, raising climate concerns India: PGCIL invites bids for undersea power cable package for offshore wind project in Gujarat Adani Green commissions 500 MW solar power capacity in Rajasthan Ayana Renewables to raise Rs 1.5 billion via non-convertible debentures SECI awards green hydrogen production capacity under SIGHT Tranche-II Hero MotoCorp to invest Rs 5.25 billion in Euler Motors Avaada Group secures PPAs for 14...

Power Sector News Roundup for March 24, 2025

March 24, 2025

Author: PPD Team Date: 24/03/2025 Global: Nigeria to increase power transmission capacity to 10,000 MW by 2026 India: Indian Railways revives nuclear power plans Hetvi Construction-led consortium wins 125 MW solar EPC contract in Assam Torrent Power restructures renewable energy business, incorporates new subsidiaries Four firms secure bids for NHPC’s Tranche-IX solar projects Zelestra Energy signs PPAs with SJVN and Daimler India for renewable power IREDA raises Rs 12.47 billion through perpetual bonds BHEL wins...

Power Sector News Roundup for March 21, 2025

March 22, 2025

Author: PPD Team Date: 22/03/2025 India: DVC launches power supply modernisation project to cut AT&C losses EAC clears ToR for 500 MW Dharoi pumped storage project Insolation Energy secures LoI for 38.43 MW solar projects in Rajasthan NaBFID sanctions Rs 2.72 billion loan to KPI Green for hybrid power project HCC-TPL JV wins Rs 24.7 billion contract for Bhivpuri pumped hydro project KEC International, TRIL, and HPL secure major contracts in T&D sector Adani Energy...

Power Sector News Roundup for March 20, 2025

March 20, 2025

Author: PPD Team Date: 20/03/2025 Global: Amazon and Google back plan to triple global nuclear energy capacity by 2050 Latest global energy deals: Major acquisitions, PPAs, and investments India: JSW Energy signs PPA for 1,600 MW project in West Bengal, revives Odisha plant Sillahalla hydel project faces opposition over ecological concerns in Nilgiris Four firms win bids for 1,200 MW ISTS-connected wind-solar hybrid project CCI approves JSW Neo Energy’s acquisition of 4,696 MW RE assets...

Power Sector News Roundup for March 19, 2025

March 20, 2025

Author: PPD Team Date: 20/03/2025 India: Power Grid approves Rs 3.41 billion for two transmission projects. India completes concept design of Bharat Small Modular Reactor. RMC Switchgears, GP Eco, and Insolation Energy win solar contracts. UK and Odisha partner to boost clean energy and net-zero goals. Amrut Energy raises Rs 1 billion to expand solar pump manufacturing. Jakson Green to invest Rs 86.66 billion in renewable energy expansion.

Power Sector News Roundup for March 18, 2025

March 18, 2025

Author: PPD Team Date: 18/03/2025 Global: Poland finalizes energy storage subsidy program for 5 GWh deployment India: Three new renewable energy deals signed for wind and solar projects Andhra Pradesh releases operational guidelines for Integrated Clean Energy Policy 2024 Variate Consultants JV wins 15 MW solar project in Maharashtra Vindhya Telelinks and Ecoplanet JV win Rs 2.07 bn solar project in Madhya Pradesh NTPC commissions 105 MW solar unit in Madhya Pradesh India commissions third...

Power Sector News Roundup for March 17, 2025

March 17, 2025

Author: PPD Team Date: 17/03/2025 Global: UK pushes China on climate action amid global energy shifts India: JSW Neo Energy acquires Virya Infrapower for Rs 75.4 million Gensol Engineering to raise Rs 6 billion, aims for zero net-debt REC to finance pumped storage projects in Kerala Indian and Russian firms partner for advanced grid monitoring solutions Salzer Electronics wins Rs 500 million smart meter order PFCCL empanels ten AMISPs for smart metering projects under RDSS...

Power Sector News Roundup for March 13, 2025

March 13, 2025

Author: PPD Team Date: 13/03/2025 Global: Indonesia unveils world’s third-largest floating solar plant India: GHV Infra secures EPC contract for 100 MW solar power project in Gujarat MNRE updates DCR norms for solar cells MSEDCL invites bids for national power engineer for Maharashtra Rural HVDS Project CCI approves ONGC-NTPC’s Ayana acquisition and Greenko stake deal AmpereHour Energy and Bhilwara Energy secure funding for expansion NCT plans new transmission scheme to ease WR-NR corridor congestion

Power Sector News Roundup for March 12, 2025

March 12, 2025

Author: PPD Team Date: 12/03/2025 Global: Five partner nations to plan Europe’s largest Green Energy Corridor Trump’s energy stance vs. renewable progress: Hanford solar farm’s uncertain future India: Hindustan Zinc signs agreement for 530 MW RTC renewable power Solar power projects commissioned across multiple states RVNL secures Rs 7.29 billion contract for loss reduction works in Himachal Pradesh TRIL and Ashoka Buildcon secure transmission and transformer contracts PGCIL awards multiple transmission contracts for power evacuation...