The following table presents a detailed state and Union Territory-wise breakdown of India’s power generation capacity as of December 31, 2024, categorized by energy sources (All figures in MW): The following table presents a detailed state and Union Territory-wise breakdown of India’s installed renewable energy capacity as of December 31, 2024 (All figures in MW): Source: Rajya Sabha answers
Global: Laos signs agreement for Nong wind project to supply Vietnam BYD secures 12.5 GWh energy storage contracts in Saudi Arabia ACWA Power signs PPA for 2 GW wind project in Egypt India: West Bengal commissions 117.5 MW solar projects Kerala allocates Rs 11,567.6 million for energy projects in 2025-26 budget GAIL and Accelera partner for clean energy initiatives Four firms qualify for Mahan Energen’s 1,230 MW power evacuation NTPC plans 30,000 MW nuclear capacity…
ACWA Power has signed a 25-year power purchase agreement (PPA) with the Egyptian Electricity Transmission Company (EETC) for a 2 GW wind project in Egypt, with an estimated investment of USD 2.3 billion. The project is expected to reach financial close in 2026. The wind project will contribute to Egypt’s goal of increasing renewable energy’s share in its electricity generation mix to 42% by 2030. It is also projected to reduce carbon emissions by over…
BYD Energy Storage and Saudi Electricity Company have signed contracts for 12.5 GWh of grid-scale energy storage projects. Combined with a previously delivered 2.6 GWh project, the total collaboration between the two companies now stands at 15.1 GWh. The battery energy storage system (BESS) equipment will be deployed across five sites in Saudi Arabia. BYD Energy Storage will supply its MC Cube-T ESS, which utilizes cell-to-system (CTS) super-integrated technology. These installations will support Saudi Arabia’s…
The Government of Laos has signed an agreement with Chitchareune Construction to develop the 1,200 MW Nong wind power project in Savannakhet province, Vietnam, with an investment of USD 1.9 billion. The project’s feasibility study is underway and is expected to be approved by the second quarter of 2026. The first phase, with a capacity of 702 MW and an investment of USD 1.12 billion, is set for completion by 2027. The second phase, adding…
Larsen & Toubro Limited (L&T) has acquired the remaining 26% stake in L&T Special Steels and Heavy Forgings Private Limited (LTSSHF) from Nuclear Power Corporation of India Limited (NPCIL), making it a wholly owned subsidiary. With full ownership, L&T aims to expand LTSSHF’s offerings beyond the energy sector and improve overall utilization through additional investments. The acquisition includes 1.47 billion equity shares, 1.67 billion preference shares, and a secured loan previously provided by NPCIL to…
Transformers and Rectifiers India Limited (TARIL) secured a Rs 1,664.5 million contract from Hyosung T&D India Private Limited for the supply of single-phase coupling transformers. The contract was awarded on February 18, 2025, with completion expected by FY 2027. The projects will be executed through the tariff-based competitive bidding (TBCB) process. On February 17, 2025, TARIL’s subsidiary, TARIL Switchgear Private Limited, launched 245 kV high-voltage bushings, furthering the group’s commitment to backward integration and manufacturing…
The Ministry of Power (MoP) has issued an advisory to all state governments, central generating stations, and renewable energy implementing agencies (REIAs) on integrating energy storage systems (ESS) with solar power projects. The initiative aims to improve grid stability, reliability, and cost efficiency as India targets 500 GW of non-fossil fuel capacity by 2030. ESS will play a crucial role in improving grid reliability and optimising energy utilisation by storing excess solar energy for use…
The National Company Law Tribunal (NCLT) has approved JSW Energy Limited’s acquisition of KSK Mahanadi for the 3,600 MW Akaltara (Nariyara) Thermal Power Project. The approval was granted on February 13, 2025. The thermal power project, located in Nariyara, Akaltara, Janjgir-Champa district of Chhattisgarh, is partly operational with 1,800 MW in service. It was developed by KSK Mahanadi Power Company Limited (KMPCL), a special purpose vehicle (SPV). The project’s power supply is distributed to utilities…
NTPC Limited aims to establish 30,000 MW of nuclear power capacity by 2032 and is seeking land in eight states. The company is also working on partnerships with foreign firms such as Électricité de France (EDF) (France), General Electric (GE) (US), and Holtec International (US) for small modular reactor (SMR) development. The nuclear projects are expected to require an investment of Rs 5,383.59 billion (USD 62 billion). Currently, state-run Nuclear Power Corporation of India Limited…