|

Telangana explores hydroelectric projects in Himachal Pradesh

By

Telangana has announced plans to invest in hydroelectric projects outside its state, starting with Himachal Pradesh, as part of its green energy push.  Telangana’s Deputy Chief Minister and Energy Minister Mallu Bhatti Vikramarka, along with energy officials, held discussions with Himachal Pradesh CM Sukhvinder Singh Sukhu in Delhi regarding the state’s interest in hydro projects under the build, own, operate, and transfer (BOOT) model. Himachal Pradesh has invited proposals to develop 22 hydroelectric projects. Telangana…

|

KPI Green signs deal with Coal India for 300 MW solar project

By

KPI Green Energy has signed a contract with Coal India for the development of a 300 MWAC grid-connected solar photovoltaic (PV) plant at the Gujarat Industries Power Company (GIPCL) Solar Park in Khavda, Gujarat.  The total contract value is Rs 13.11 billion, covering both the development and operation & maintenance (O&M) services for five years. The project is expected to be completed by November 2025. Additionally, KPI Green Energy, along with its subsidiary KPIG Energia…

|

Union Budget 2025-26: Rs 218.47 billion allocated to Power Ministry

By

The Union Government has allocated a total outlay of Rs 218.47 billion to the Ministry of Power (MoP) under the Union Budget for 2025-26, announced on February 1, 2025. The key allocations include: Rs 160.21 billion for the Revamped Distribution Sector Scheme (RDSS). Rs 8.5 billion for Strengthening of Power Systems, which includes Rs 3.04 billion for the North Eastern Region Power System Improvement Project (NERPSIP) and Rs 2.95 billion for Externally-Aided Projects (EAP) in…

|

GAIL increases startup fund to Rs 5 billion for clean energy innovation

By

GAIL India Limited has raised its startup investment fund from Rs 1 billion to Rs 5 billion to support emerging enterprises in clean energy, renewables, energy storage, electric mobility, and digital transformation. This initiative aims to provide enhanced financial and strategic support to entrepreneurs, fostering innovation and sustainability in India’s energy and technology sectors. Currently, GAIL holds a renewable energy portfolio of 132 MW, with 118 MW in wind and 14 MW in solar. Since…

|

Solex Energy commissions 800 MW solar module manufacturing line

By

Solex Energy Limited has successfully commissioned an 800 MW high-speed solar module manufacturing line in Surat, Gujarat. The facility produces n-Type TOPCon rectangular cell-based Tapi-R series modules, with capacities ranging from 585 Wp to 625 Wp. This production line operates 30% faster than other Indian facilities, increasing output efficiency and reducing lead times. Equipped with Artificial Intelligence (AI) and Automated Optical Inspection (AOI), the facility ensures enhanced quality control with minimal manual intervention. It also…

|

Premier Energies and Inox Wind Energy report strong Q3 FY 2024-25 results

By

Premier Energies Limited reported strong third-quarter results for FY 2024-25, with a total income of Rs 17,494 million, up 144.76% from Rs 7,147 million in Q3 FY 2024. The company recorded revenue from operations of Rs 17,133 million and other income of Rs 361 million. EBITDA increased by 337.76% to Rs 5,495.70 million, while profit after tax (PAT) surged by 490.58% to Rs 2,552.21 million. As of December 31, 2024, Premier Energies had an orderbook…

|

Coal Ministry launches 11th round and 10th round rebid of coal mine auctions

By

The Ministry of Coal’s Nominated Authority has opened bids for the 11th round of commercial coal mine auctions, with strong participation from industry players.  Out of 27 mines offered, bids were submitted for 20, with a total of 70 online and 72 physical bids. The transparent auction process saw the electronic decryption of online bids and the physical opening of sealed offline documents, ensuring full transparency.  In the 11th round, 65 bids were received for…

|

Tata Power wins contract for sale of power from Nagda solar project

By

Tata Power Trading Company Limited (TPTCL) has secured a contract from Power Grid Corporation of India Limited (PGCIL) for the sale of power from the 85 MW/105 MWp Nagda Solar Power Project in Madhya Pradesh. Bids for the contract were invited by PGCIL in November 2024. The scope includes selling the power procured from the project through various power and energy exchange products, such as the Green Day Ahead Market (GDAM), Day Ahead Market (DAM),…

|

Amara Raja Infra and Ganesh Green Bharat win solar contracts

By

Amara Raja Infra Private Limited (ARIPL) secured a contract from Solar Energy Corporation of India Limited (SECI) for the Balance of System (BoS) package of a 300 MW/390 MW solar project at Ramagiri, Andhra Pradesh. The contract is valued at Rs 5.45 billion. SECI had invited bids in March 2024. The scope includes the design, engineering, procurement, supply, and commissioning of equipment, excluding PV modules, along with civil works, installation, testing, and insurance. ARIPL will…

Power Sector News Roundup for February 3, 2025

By

Global: Indonesia plans 4.3GW nuclear power capacity GE Vernova plans $600 million investment in US factories India: Union Cabinet approves National Critical Mineral Mission EIL and POWERGRID sign MoU for energy transition projects CEA issues guidelines for benchmarking operation and maintenance norms for distribution utilities Seftech, Suryam win contracts for solar projects in Maharashtra Torrent Power commissions 300 MW solar project in Gujarat Waaree Energies reports strong Q3 FY 2024-25 results Kalpataru wins Rs 6.55…