Purvah Green Power Private Limited, a subsidiary of CESC Limited, received a Letter of Award (LoA) from Noida Power Company Limited (NPCL) on December 30, 2024. The project involves developing 300 MW Inter-State Transmission System (ISTS)-connected wind-solar hybrid power projects across India to supply power to NPCL. In November 2024, NPCL invited bids for power procurement under the Tariff-Based Competitive Bidding (TBCB) mode.
Solidus Techno Power Private Limited has laid the foundation for a 50 MWp solar power project in Ghattianwali Jattan village, Firozpur district, Punjab. The project is being implemented by Bluesky NRG Private Limited and developed by Solidus Techno on an engineering, procurement, and construction (EPC) basis.
CSE Development (India) Private Limited commissioned several solar photovoltaic (PV) projects within its 150 MWp solar park in Jalkot, Maharashtra, on December 30, 2024. The energy generated will be supplied to clients across various sectors, including pharmaceuticals, automotive, construction, and chemicals, to support their manufacturing operations.
PFC Consulting Limited (PFCCL) has incorporated Fatehgarh II And Barmer I PS Transmission Limited, a special purpose vehicle (SPV), for the augmentation at Fatehgarh-II PS, Fatehgarh-IV PS (Section-II), and Barmer-I PS. The incorporation was completed on December 30, 2024. PFCCL is serving as the bid process coordinator (BPC) to select a transmission service provider (TSP) for the project’s establishment through the tariff-based competitive bidding (TBCB) process.
Kalpataru Projects International Limited (KPIL) and its international subsidiaries have secured new orders worth Rs 10.11 billion. These orders span multiple sectors, including: Transmission & Distribution (T&D) business in overseas markets Railway business in India Buildings & Factories (B&F) business in India Manish Mohnot, MD & CEO of KPIL, expressed satisfaction with the strong order inflows, which have bolstered the company’s order book, with year-to-date (YTD) inflows surpassing Rs173 billion. 85% of these orders come…
India’s renewable energy sector has made significant strides, with installed capacity surpassing 200 gigawatts (GW) and projections of investment doubling to over Rs 2.75 trillion by 2025. According to the International Energy Agency (IEA), India’s annual renewable capacity additions are set to grow faster than any other major economy, including China, with expectations for the country’s capacity to more than quadruple from 15 GW in 2023 to 62 GW by 2030. Union Minister for New…
The Competition Commission of India (CCI) has approved the acquisition of certain shareholding in Fourth Partner Energy Private Limited (Target) by the International Finance Corporation (IFC), Asian Development Bank (ADB), and DEG – Deutsche Investitions – und Entwicklungsgesellschaft mbH (DEG). The proposed investment totals USD 275 million (approx. INR 22.96 billion), with each entity acquiring a percentage of Target’s share capital through primary subscription and secondary purchase. IFC, a World Bank Group member, supports private…
Growth in the output of India’s eight key infrastructure industries, collectively known as the core sector, rose to 4.3% year-on-year (Y-o-Y) in November, marking a four-month high from the revised figure of 3.7% in October. This recovery follows a contraction of -1.6% in August, the first in 42 months. In November 2023, growth was recorded at 7.9%. According to the data released by the Ministry of Commerce and Industry, the recovery in November was primarily…
Waaree Renewable Technologies Limited (WRTL), a subsidiary of Waaree Energies Limited, has secured its largest-ever Engineering, Procurement, and Construction (EPC) contract for a 2 GW solar project from Sunbreeze Renewables Nine Pvt. Ltd, a Special Purpose Vehicle (SPV) of Jindal Renewables. The project, located in Bikaner, Rajasthan, will incorporate advanced technologies and sustainable solutions to maximize energy generation and efficiency. WRTL will manage the design, engineering, procurement, supply, construction, testing, and commissioning of the solar…
Nuclear Power Corporation of India Limited (NPCIL) invited Request for Proposal (RfP) bids for setting up the 220 MW BSR (Bharat Small Reactors) Nuclear Captive Power Plant on December 31, 2024. The last date for bid submission is March 31, 2025. The 220 MW NPP will be a Captive Generating Plant (CGP) that will use pressurised heavy water reactor (PHWR) technology and will be built on brownfield/greenfield sites offered by private firms. The Private firms…