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JSWEL signs PPA with Indus Towers for supply of 130 MW solar power

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Indus Towers has signed a power purchase agreement (PPA) with JSW Green Energy Eight and announced an investment of Rs 380.3 million.  The agreement includes procuring 130 MW of renewable energy from a solar photovoltaic (PV) plant under a captive model. As part of the deal, Indus Towers will acquire a 26 per cent equity stake in the special purpose vehicle (SPV), supporting its renewable energy goals and commitment to achieving net-zero emissions.  The solar…

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Andhra Pradesh unveils Sustainable Electric Mobility Policy 4.0

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Andhra Pradesh has launched its Sustainable Electric Mobility Policy 4.0 (2024-2029) to establish itself as a global hub for electric vehicle (EV) manufacturing and achieve carbon neutrality (Scope 1 emissions) by 2047.  The policy targets the registration of 200,000 electric two-wheelers, 10,000 electric three-wheelers, and 20,000 four-wheeler battery EVs, along with a robust charging infrastructure featuring stations every 30 km along green corridors and within a 3×3 km grid in e-mobility cities. A Rs 5…

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Shakti Pumps wins Rs 7.54 billion solar water pump contract from MSEDCL

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Shakti Pumps Limited has secured a contract from Maharashtra State Electricity Distribution Company Limited (MSEDCL) to supply and install 25,000 stand-alone off-grid direct current solar photovoltaic water pumping systems.  The contract, valued at Rs 7.54 billion, includes the design, manufacture, transport, installation, testing, and commissioning of the systems. In November 2024, Shakti Pumps received an award from the Haryana Renewable Energy Development Agency (HAREDA) for the supply, installation, and commissioning of 17,458 solar water pumping…

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Adani Green forms SPVs for renewable energy projects

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Adani Renewable Energy Holding Nine Limited, a subsidiary of Adani Green Energy Limited (AGEL), has established three special purpose vehicles (SPVs) to implement its renewable energy projects.  The SPVs—Adani Green Energy Sixty Five Limited (AGE65L), Adani Green Energy Sixty Six Limited (AGE66L), and Adani Green Energy Sixty Seven Limited (AGE67L)—were incorporated on December 12, 2024. The SPVs will focus on generating, developing, transmitting, distributing, and selling power derived from wind, solar, and other renewable energy…

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G R Infraprojects wins bid for Karnataka Bijapur REZ project

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G R Infraprojects Limited has received a Letter of Intent (LoI) for the Transmission Scheme to integrate the Bijapur Renewable Energy Zone (REZ) in Karnataka.  The project was awarded through a tariff-based competitive bidding (TBCB) process on a build, own, operate, and transfer (BOOT) basis. The work is scheduled for completion by December 12, 2026. Power Finance Corporation Consulting Limited (PFCCL) has been appointed as the bid process coordinator for selecting this project’s transmission service…

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Ambuja Cements commissions 200 MW solar project in Gujarat

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Ambuja Cements has commissioned its 200 MW solar power project in Khavda, Gujarat, with transmission starting on December 12, 2024.  The remaining 806 MW capacity is under various commissioning stages and is expected to be operational between March and June 2025. This project is projected to reduce power costs by 70 per cent compared to current rates. The company has received standing clearance for the 200 MW from the Western Regional Load Dispatch Centre (WRLDC)….

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Powergrid wins bids for Kudankulam and Karnataka RE projects

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Power Grid Corporation of India Limited (PGCIL) has received Letters of Intent (LoI) for two major transmission projects.  These include the transmission system under ISTS for evacuating power from Kudankulam Nuclear Power Plant Units 3 and 4 (2×1000 MW) and the system strengthening at Koppal-II and Gadag-II for integrating renewable energy (RE) generation projects in Karnataka. PFC Consulting Limited (PFCCL), acting as the bid process coordinator, invited Request for Proposal (RfP) bids for these projects…