India’s leading source for power sector news and analysis.

Author: PPD Team Date: 28/03/2025 Kerala State Electricity Board (KSEB) has invited bids for two packages under the Dyuthi 2.0 scheme for upgrading the state’s electricity distribution network.  The tenders, issued on March 25 and March 28, 2025, cover the material supply, erection, testing, and commissioning of low-tension (LT) line works using covered conductor rabbit on a turnkey basis. The last dates for bid submission are April 11 and April 19, 2025, respectively. The projects...

Author: PPD Team Date: 28/03/2025 NTPC Limited has commissioned 245 MW of solar power as part of the 735 MW Nokh Ultra Mega Solar Park Project in Jaisalmer, Rajasthan.  The project became commercially operational from midnight on March 26, 2025, following successful commissioning and regulatory approvals. The Nokh Ultra Mega Solar Park, developed by NTPC under the engineering, procurement, and construction (EPC) model, will have a total capacity of 735 MW, divided into three units...

Author: PPD Team Date: 28/03/2025 Tamil Nadu Green Energy Corporation Limited (TNGECL) is set to upgrade its renewable energy infrastructure by replacing aging windmills with a new 40 MW wind-solar hybrid power project. The initiative focuses on boosting clean energy generation in the western region of the state. In the first phase, TNGECL has identified 110 old windmills with a combined capacity of 47 MW for replacement. The hybrid project will include 22 MW of...

Author: PPD Team Date: 28/03/2025 US-based Type One Energy has released the physics design basis for its Infinity Two stellarator fusion power plant, marking a critical step in advancing fusion energy.  The published design, the first of its kind, outlines the operational parameters necessary for a practical fusion pilot plant and provides a foundation for external review and collaboration within the global fusion research community. Infinity Two is being developed for the Tennessee Valley Authority...

Author: PPD Team Date: 28/03/2025 India’s transition to clean energy and sustainable financing gained momentum today with three significant developments across the solar, electric vehicle (EV), and renewable power sectors. Luminous Power Technologies partnered with the State Bank of India (SBI) to enhance solar financing access, Shriram Finance Limited secured a $150 million loan from the Asian Development Bank (ADB) to expand EV financing, and Oil and Natural Gas Corporation Limited (ONGC) committed Rs 33...

Author: PPD Team Date: 28/03/2025 REC Power Distribution Company Limited (REC PDCL) has transferred Mahan Transmission Limited, a special purpose vehicle (SPV), to Adani Energy Solutions Limited (AESL).  The handover, completed on March 26, 2025, follows a tariff-based competitive bidding (TBCB) process for selecting a transmission service provider (TSP). The project will be developed under the build, own, operate, and transfer (BOOT) model. The transmission system will evacuate 1,230 MW of power from the 2×800...

Author: PPD Team Date: 28/03/2025 TPG, a global alternative asset management firm, has agreed to acquire a majority stake in Siemens Gamesa’s onshore wind turbine manufacturing business in India and Sri Lanka. The investment will be made through TPG Rise Climate, the firm’s climate-focused investing platform. This deal marks the first investment under TPG’s Global South Initiative, a private equity strategy launched with ALTÉRRA to scale climate solutions. MAVCO Investments will also take a significant...

Author: PPD Team Date: 28/03/2025 AMPIN Energy Transition has secured a $50 million equity investment from Siemens Financial Services, the financing arm of Siemens AG.  The funding will support AMPIN’s expansion in commercial and industrial (C&I) and utility-scale renewable energy projects, along with its broader energy transition initiatives. Beyond financial backing, the partnership provides AMPIN access to Siemens’ energy technology expertise, advanced solutions, and global best practices. This strategic collaboration is expected to enhance AMPIN’s...

Author: PPD Team Date: 28/03/2025 Syngene International Limited has increased its stake in O2 Renewable Energy Private Limited II from 26 percent to 33.79 percent. This move strengthens Syngene’s renewable energy consumption strategy while ensuring compliance with captive power requirements under the Electricity Act. The investment supports O2 Renewable Energy’s 201.2 MW wind-solar hybrid power plant in Kudligi Taluk, Bellary District, Karnataka. Syngene invested Rs 65 million through equity shares and compulsory convertible debentures as...

Author: PPD Team Date: 28/03/2025 Diamond Power Infrastructure Limited has received multiple Letters of Intent (LoIs) for transmission and cable supply projects in Gujarat. The company secured an LoI worth Rs 231.68 million for the 220 kV D/C Maglana – Pachham line (80.01 km) under the Gujarat Green Energy Corridor-II. The project, awarded by Gujarat Energy Transmission Corporation Limited (GETCO), is expected to be completed by August 2025. GETCO is implementing the Rs 36.67 billion...

Author: PPD Team Date: 28/03/2025 BAJEL Projects Limited (formerly Bajaj Electricals Limited) has received a Notification of Award (NoA) from Madhya Pradesh Power Transmission Company Limited (MPPTCL) for the construction of overhead and underground transmission lines in Bhopal.  The project, awarded on March 25, 2025, involves power supply infrastructure for the Bhopal Metro Rail Project. The scope includes the supply and construction of 132 kV double-circuit double-string (DCDS) transmission lines from 220 kV S/s Bairagarh...

Author: PPD Team Date: 27/03/2025 Kalpataru Projects International Limited (KPIL) and its international subsidiaries have secured new orders worth Rs 23.66 billion.  The contracts include transmission and distribution (T&D) projects in India and overseas, along with a building and factory (B&F) project in India. KPIL’s Managing Director & CEO, Manish Mohnot, highlighted the significance of winning prestigious orders in the high-voltage direct current (HVDC) segment within the T&D business in India. He emphasized that the...

Author: PPD Team Date: 27/03/2025 NHPC Limited has completed the trial run of Unit 2 and 3 at the 800 MW Parbati-II Hydro Electric Project in Himachal Pradesh.  The remaining two units are expected to undergo trial runs by March 31, 2025. Once fully operational, the project will significantly enhance NHPC’s hydropower capacity. The Parbati-II project, a run-of-the-river (RoR) initiative, is located on the Beas River in the Kullu district, about 260 km from Chandigarh....

Author: PPD Team Date: 27/03/2025 Coal India Limited (CIL) and GAIL (India) Limited have joined forces to establish Coal Gas India Limited, a joint venture aimed at developing a coal-to-synthetic natural gas (SNG) project at Eastern Coalfields.  The project leverages CIL’s coal resources and GAIL’s expertise in natural gas processing and distribution to convert coal into SNG, providing an alternative source of natural gas. The Eastern Coalfields location offers access to significant coal reserves and...

Author: PPD Team Date: 27/03/2025 K2 Infragen Limited has won an engineering, procurement, and construction (EPC) contract from KPI Green Energy Limited for the 67.61 MWp capacity under the 300 MW Khavda Solar PV Project – Phase XXI in Gujarat. The contract, awarded on March 25, 2025, includes the supply of Balance of System (BoS) materials. KPI Green Energy had earlier secured the Letter of Award (LoA) for the 300 MW Khavda Solar PV Project...

Author: PPD Team Date: 27/03/2025 Waaree Renewable Energy Technologies Limited has received a Letter of Award (LoA) worth Rs 2,323 million from Waaree Energies Limited for engineering, procurement, and construction (EPC) works.  The contract is for setting up 170 MW/255 MWp capacity under Unit-III of the Neemuch Solar Power Park Project in Madhya Pradesh. The LoA was awarded on March 25, 2025. Waaree Forever Energies Limited, a subsidiary of Waaree Energies, had won the bid...