Gensol Engineering Limited has won an EPC contract worth Rs 880 million from a steel products company to develop 22 MW solar photovoltaic (PV) power projects in Punjab. The contract was awarded on December 18, 2024 and is scheduled for completion within six months.
The Central Government has initiated the development of 4,000 MW solar power projects in Rajasthan, with the foundation stone laid on December 17, 2024. The projects include: Pugal Solar Project (2,450 MW): Phase-I and Phase-II (1,000 MW each): Located in Soorasar village, Pugal tehsil, Bikaner. Phase-III (450 MW): Located in Sardarpura village, Chhatargarh tehsil, Bikaner. Developed by Rajasthan Solarpark Development Company Limited (RSDCL), a subsidiary of Rajasthan Renewable Energy Corporation Limited (RRECL), under MNRE’s scheme…
NLC India Limited has issued an Expression of Interest (EoI) for the engineering, procurement, and construction (EPC) package for the 3×125 MW Gurha Thermal Power Project. The EoI was announced on December 16, 2024, with a bid submission deadline of January 30, 2025. The project will be executed by a joint venture of NLC India and Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL) at Chak Madhogarh village in Bikaner district, Rajasthan.
Texmaco Rail & Engineering Limited has won a Rs 1,874.1 million contract for constructing nine 132 kV transmission lines totalling 291 km in route length. The contract, awarded by Chhattisgarh State Power Transmission Company Limited (CSPTCL), was finalized on December 16, 2024, following bids invited in October 2023. The project is set to be completed within 15 months.
Bhartiya Nabhikiya Vidyut Nigam Limited (BHAVINI) plans to begin commercial operations of the 500 MW Prototype Fast Breeder Reactor (PFBR) at the Madras Atomic Power Station in Kalpakkam, Tamil Nadu, by the end of 2025. The Kalpakkam facility currently has two operational 220 MW Pressurised Heavy-Water Reactors (Units 1 and 2), a 500 MW PFBR (Unit 3) under construction, and two planned 600 MW Fast Breeder Reactors (Units 4 and 5).
Adani Energy Solutions Limited (AESL) established Adani Energy Solutions Step-Eleven Limited (AESSEL), a special purpose vehicle (SPV), on December 17, 2024. The SPV will focus on transmission, distribution, power supply, and other infrastructure services.
GK Energy Limited has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India to raise funds through an initial public offering (IPO). The IPO consists of a fresh issue of shares worth up to Rs 5 billion, along with an offer for sale of up to 8.4 million equity shares by existing shareholders. The shares will have a face value of Rs 2, and the offer includes reservations for…
Insolation Energy Limited has received 45 acres of land from the Madhya Pradesh government to establish a solar manufacturing facility. The proposed unit will have a production capacity of 3 GW for solar cells, 4 GW for solar modules, and 24,000 metric tonnes of aluminium frames. The project will be developed by Insolation Green Energy, a subsidiary of Insolation Energy, within the Power and Renewable Energy Equipment Zone in Narmadapuram, Madhya Pradesh. The project will…
The Bhubaneswar Municipal Corporation (BMC) has partnered with Oil India Limited (OIL) to establish a biogas plant in Nayapalli, Bhubaneswar, as part of a waste-to-wealth initiative. The facility will process wet waste from the city to produce biogas fuel. The Housing and Urban Development Department has allocated 8 acres of land for the project. Initially, the plant will process 200 tonnes of wet waste daily, with the potential to expand by an additional 100 tonnes….
Indian Metals & Ferro Alloys (IMFA) has formed a joint venture with JSW Green Energy to source 70 MW of renewable energy for its smelting operations. IMFA has signed a binding term sheet with JSW Green Energy One and JSW Green Energy Seven, committing Rs 832.6 million to a wind-solar hybrid project, which includes 50 MW solar and 100 MW wind capacity. The company will also finalize a 25-year power purchase agreement as a captive…