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

Author: PPD Team Date: 17/03/2025 The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has issued Letters of Award (LoAs) to 26 firms for developing a total of 980.3 MW grid-connected solar power plants under the Renewable Energy Service Company (RESCO) model. These projects, awarded under the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) scheme, will be set up across various locations in Uttar Pradesh. List of winning firms and awarded capacities:...

Author: PPD Team Date: 17/03/2025 Swelect Energy Systems Limited has won a contract to supply its high-efficiency TOPCon bi-facial solar photovoltaic (PV) modules for a 150 MW solar power project in India. The contract was awarded on March 12, 2025. In addition, the company has raised Rs 2.9 billion through Non-Convertible Debentures (NCDs) via a private placement with India Infradebt Limited. The funds will support Swelect Energy’s goal of expanding its solar portfolio to 1,000...

Author: PPD Team Date: 17/03/2025 Four companies have secured contracts to develop a total of 1,200 MW of Inter-State Transmission System (ISTS)-connected wind-solar hybrid power projects under NHPC Limited’s Tranche-X bidding. These projects can be developed anywhere in India on a build, own, and operate (BOO) basis, with or without Energy Storage Systems (ESS). The winners include Sprng Vayu Vidyut Private Limited (Sprng Energy Private Limited), which secured 150 MW at a tariff of Rs...

Author: PPD Team Date: 17/03/2025 The Government of Jammu & Kashmir (GoJK) has proposed a 50 MVA, 220/33 kV gas-insulated substation (GIS) at Batkote in Pahalgam.  The project is expected to be implemented through a tariff-based competitive bidding (TBCB) process as part of the state’s transmission plan for 2022-27. According to the Central Electricity Authority (CEA), Jammu & Kashmir had no targets for transmission capacity additions at 220 kV and above for the financial year...

Author: PPD Team Date: 17/03/2025 Patratu Vidyut Utpadan Nigam Limited (PVUNL) achieved a major milestone on March 11, 2025, by synchronizing Unit 1 of the Patratu Thermal Power Project Phase I with the grid. On the same day, a dry run was completed for all units of the project, marking significant progress in its commissioning. PVUNL, a special purpose vehicle (SPV) formed by NTPC Limited in partnership with Jharkhand Bijli Vitran Nigam Limited (JBVN), is...

Author: PPD Team Date: 17/03/2025 India’s push for pumped storage projects (PSPs) gained momentum with two key agreements signed on March 11, 2025. THDC India Limited partnered with the Government of Chhattisgarh and Chhattisgarh State Power Generation Company Limited (CSPGCL) to develop the Dangari Pumped Storage Project. Meanwhile, REC Limited committed significant funding for similar projects in Kerala. The Dangari PSP, to be implemented by CSPGCL, will have a capacity of 1,400 MW and will...

Author: PPD Team Date: 17/03/2025 The Expert Appraisal Committee (EAC) of the Ministry of Environment, Forest and Climate Change (MoEFCC), in its latest meeting, has recommended environmental clearance (EC) for the 3×800 MW Nabinagar Coal-Based Thermal Power Project Stage II and granted Terms of Reference (ToR) for the Thiruvallur Combined Cycle Thermal Power Project.  Nabinagar Coal-Based Thermal Power Project Stage II Nabinagar Power Generation Company Private Limited (NPGCL), a joint venture (JV) between NTPC Limited...

Author: PPD Team Date: 13/03/2025 The National Committee on Transmission (NCT), in its most recent meeting, has planned a new transmission scheme to address high power flow on the Western Region-Northern Region (WR-NR) corridor. Representatives from Central Transmission Utility of India Limited (CTUIL) highlighted the persistent high loading of the 765 kV Vindhyachal-Varanasi double-circuit (D/C) line, particularly during peak demand in Uttar Pradesh (UP). This heavy load is leading to real-time violations of WR-NR Available...

Author: PPD Team Date: 13/03/2025 AmpereHour Energy has raised USD 5 million (Rs 436 million) in a Series A funding round led by climate-focused fund Avaana Capital, with participation from UC Impower and existing angel investors. The company plans to use the capital to expand its manufacturing and software capabilities, strengthen research and development, and enhance product development. Additionally, AmpereHour Energy is allocating funds for geographical expansion, with ongoing projects in Oman and Nigeria and...

Author: PPD Team Date: 13/03/2025 The Competition Commission of India (CCI) has approved two major transactions in the renewable energy sector. ONGC NTPC Green Private Limited has received clearance to acquire a 100 per cent stake in Ayana Renewable Power Private Limited. Meanwhile, AMG Green Power B.V. has been approved to acquire a stake in Greenko Energy Holdings, and ORIX Corporation will subscribe to certain convertible notes of AM Green (Luxembourg) S.À.R.L. ONGC NTPC Green...

Author: PPD Team Date: 13/03/2025 Indonesia has launched a floating solar power plant on the Cirata Reservoir, 107 kilometers southeast of Jakarta.  Covering 4% of the reservoir, its 13 solar arrays generate up to 192 MW, making it the world’s third-largest floating solar installation. The project is a collaboration between PLN Nusantara Power, a unit of Indonesia’s state-owned power company, Perusahaan Listrik Negara (PLN), and Masdar, a renewable energy firm based in the United Arab...

Author: PPD Team Date: 13/03/2025 Maharashtra State Electricity Distribution Company Limited (MSEDCL) invited bids for the position of national power engineer (power distribution) for the Maharashtra Rural High Voltage Distribution System (HVDS) Project on March 8, 2025. The last date for bid submission is March 14, 2025. The state government and MSEDCL plan to provide new grid-connected agricultural connections through HVDS. The Asian Development Bank (ADB) will fund HVDS planning and development under its result-based...

Author: PPD Team Date: 13/03/2025 The Ministry of New and Renewable Energy (MNRE) has issued updated domestic content requirement (DCR) norms for solar cells. According to the new guidelines, only solar cells based on crystalline-silicon technology and manufactured in India using undiffused silicon wafers (black wafers) will qualify as domestically produced. These wafers fall under Customs Tariff Head 3818, and all manufacturing processes, from wafer to solar cell, must be carried out within India. Solar...

Author: PPD Team Date: 13/03/2025 GHV Infra Projects Limited, a wholly-owned subsidiary of GHV Private Limited, has won an engineering, procurement, and construction (EPC) contract from GHV Private Limited for setting up a 100 MW Inter-State Transmission System (ISTS)-Connected Solar Power Project in Gujarat. The scope of work includes setting up the 100 MW ISTS-Connected Solar Power Project along with three years of comprehensive Operation and Maintenance (O&M) in Gujarat. The work is expected to...

Author: PPD Team Date: 12/03/2025 Hindustan Zinc Limited has signed a power delivery agreement (PDA) with Serentica Renewables India Private Limited (SRIPL) to procure 530 MW of round-the-clock (RTC) renewable energy. Under the agreement, SRIPL will supply 315 MW of uninterrupted renewable power to Hindustan Zinc in every 15-minute time block. The project involves the development of a 530 MW wind-solar hybrid RTC power project in Rajasthan and Maharashtra on a captive basis, aiming to...

Author: PPD Team Date: 12/03/2025 Adani Solar Energy AP Eight Private Limited, a special purpose vehicle (SPV) of Adani Green Energy Limited (AGEL), commissioned the 250 MW Kadapa Grid-Connected Solar PV Power Project in Andhra Pradesh on March 8, 2025. The project originated from a 2018 auction conducted by the Solar Energy Corporation of India (SECI) under the National Solar Mission (NSM) Phase II, Batch IV, Tranche XV. SB Energy initially won the bid for...

Author: PPD Team Date: 12/03/2025 Rail Vikas Nigam Limited (RVNL) has received a Letter of Acceptance (LoA) worth Rs 7,298.21 million for loss reduction works in the Central zone under the Himachal Pradesh Revamped Distribution Sector Scheme (RDSS). Himachal Pradesh State Electricity Board (HPSEB) invited bids for the project in March 2024. The work is expected to be completed in 24 months. The scheme aims to strengthen, renovate, and augment the existing power distribution infrastructure...

Author: PPD Team Date: 12/03/2025 Transformers and Rectifiers India Limited (TRIL) has secured a Rs 2,720 million contract from Adani Group for the supply and manufacturing of transformers and reactors, along with related work. The project is expected to be completed by FY 2027. Ashoka Buildcon Limited has received a Letter of Acceptance (LoA) worth Rs 3,119.2 million (including GST) for the supply, erection, testing, commissioning (ETC), and civil work for the construction of a...

Author: PPD Team Date: 12/03/2025 Power Grid Corporation of India Limited (PGCIL) has awarded multiple contracts for transmission projects in Rajasthan and Uttar Pradesh. Vikran Engineering & Exim Private Limited secured a contract worth Rs 825.54 million for the 400 kV AIS substation package SS-134 under the Transmission System for Evacuation of Power from Renewable Energy Zones (REZ) in Rajasthan (20 GW) Phase-III Part B1. The scope includes the augmentation of transformation capacity at 400/220...

Author: PPD Team Date: 12/03/2025 JSW Energy Limited has completed the acquisition of KSK Mahanadi Power Company Limited (KMPCL) for the 3,600 MW Akaltara (Nariyara) Thermal Power Project at a cost of Rs 160.84 billion. The Competition Commission of India (CCI) approved JSW Energy’s acquisition of a 100% stake in KMPCL through its wholly owned subsidiary, JSW Thermal Energy One Limited, last week. The thermal power project, located in Nariyara, Akaltara, Janjgir-Champa district of Chhattisgarh,...