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Panki Thermal Power Station

  The Panki thermal power plant, initially scheduled for commissioning by September 2021, is now expected to enter its trial run soon. Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited (UPRVUNL) is constructing the 660 MW supercritical thermal power project in Kanpur district, Uttar Pradesh, as an expansion of the existing 220 MW Panki thermal power plant, which was commissioned in 1977. The project’s originally proposed capacity of 250 MW was later revised to 660 MW….

Power Sector News Roundup for March 11, 2025

Global: US ends Iraq’s sanctions waiver for Iranian electricity imports India: NTPC REL secures Rs 75 billion loan from IRFC Schneider Electric partners with SBPDCL to modernise Bihar’s power distribution SJVN to develop 1,800 MW pumped hydro project in Chhattisgarh IndiGrid wins bid to evacuate power from Ratle and Kiru HEPs Sangamam Power prepares DPR for 1,000 MW Sunki PSP MSPGCL commissions 660 MW Unit VI at Bhusawal power plant Epic Energy secures LoI for…

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DJ Renewables and CleanMax to establish 400 MW renewable energy JV

DJ Renewables Pte. Ltd., a consortium between Osaka Gas Company Limited and Japan Bank for International Cooperation (JBIC), plans to form a joint venture (JV) with CleanMax Enviro Energy Solutions Private Limited to develop 400 MW of renewable energy projects in India. The JV company, named Clean Max Osaka Gas Renewable Energy Private Limited (CORE), will be jointly owned by CleanMax and DJ Renewables, with equity stakes of 51 percent and 49 percent, respectively. CORE…

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Epic Energy secures LoI for 2.4 MWp solar power supply

Epic Energy Limited has received a Letter of Intent (LoI) from an Oncology and Cancer Care Center in Nashik for the purchase of 2.4 MWp solar power from its upcoming solar park project in Solapur, Maharashtra. The LoI was issued on March 10, 2025. The proposed 25 MW/35 MWp solar park will be developed by Epic Renewable Projects Private Limited, a wholly owned subsidiary of Epic Energy.  This project is part of the company’s broader…

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MSPGCL commissions 660 MW Unit VI at Bhusawal power plant

Maharashtra State Power Generation Company Limited (MSPGCL) has operationalized the 660 MW Unit VI at the Bhusawal Thermal Power Plant in Jalgaon district. The expansion project was developed at an investment of Rs 63.5 billion. The new unit replaces the 62.5 MW Unit I, which was retired in December 2010. The engineering, procurement, and construction (EPC) contract for Unit VI was awarded to Bharat Heavy Electricals Limited (BHEL). Unit VI will require 3.99 million tonnes…

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Sangamam Power prepares DPR for 1,000 MW Sunki PSP

Sangamam Power Projects Private Limited has prepared a detailed project report (DPR) for the 1,000 MW pumped storage project (PSP) in Sunki, Koraput district in Odisha, which will be developed at an investment of Rs 70 billion. The Odisha government and Telangana-based Sangamam Power have signed a Memorandum of Understanding (MoU) to move forward with the project. The agreement was formalized at the Utkarsha Odisha Conclave 2025. Odisha’s Deputy Chief Minister, Kanak Vardhan Singhdeo, recently…

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Chhattisgarh attracts major investments in power projects

Chhattisgarh is set to witness large-scale investments in the power sector, spanning thermal, nuclear, and renewable energy at the  “Chhattisgarh Energy Investors Summit 2025.” Major players, including NTPC Limited, Jindal Power Limited (JPL), and Adani Power Limited (APL), have outlined expansion plans, while the state government has signed agreements to boost renewable energy capacity. Thermal and nuclear power investments Adani Power Limited has proposed multiple thermal power projects: Chhattisgarh Power Project (Korba West Power) Phase…

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IndiGrid wins bid to evacuate power from Ratle and Kiru HEPs

IndiGrid 2 Private Limited, a subsidiary of IndiGrid, has secured the Letter of Intent (LoI) to develop the Transmission scheme for evacuation of power from Ratle HEP (850 MW) & Kiru HEP (624 MW): Part-A. The selection was made through a tariff-based competitive bidding (TBCB) process under the build, own, operate, and transfer (BOOT) model. REC Power Distribution Company Limited (REC PDCL), which invited bids in September 2024, acted as the bid process coordinator (BPC)…

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US ends Iraq’s sanctions waiver for Iranian electricity imports

The United States has ended a sanctions waiver that allowed Iraq to buy electricity from Iran, following President Donald Trump’s renewed “maximum pressure” policy on Tehran. The waiver, which expired on 8 March 2025, was initially introduced in 2018 after the US reimposed sanctions on Iran following its withdrawal from the nuclear deal. The US Department of State stated that the decision aims to prevent any financial relief for Iran. A US Embassy spokesperson in…

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SJVN to develop 1,800 MW pumped hydro project in Chhattisgarh

SJVN Ltd. has signed a Memorandum of Understanding (MoU) with the Government of Chhattisgarh to develop an 1,800 MW pumped hydro storage project (PSP) at Kotpali, with an estimated investment of Rs 95 billion.  Located in the Balrampur district, the off-stream closed-loop Kotpali PSP will have an installed capacity of 1,800 MW, generating approximately 3,967 million units (MU) of energy annually. The project is expected to create 5,000 direct and indirect jobs during its development…