The Madhya Pradesh government has introduced the Madhya Pradesh Renewable Energy Policy 2025, setting a goal to meet 50 percent of its annual power consumption from renewable sources by 2030. The policy, which will be in effect for five years, applies to all renewable energy projects with a capacity of at least 500 kW, excluding decentralised systems. The state has laid out a phased approach, aiming for a renewable energy share of 20 per cent…
PFC Consulting Limited (PFCCL) transferred Mundra I Transmission Limited, a special purpose vehicle (SPV) to Adani Energy Solutions Limited (AESL) for development of the Transmission System for supply of power to Green Hydrogen/Ammonia manufacturing potential in Mundra area of Gujarat (3 GW) Under Phase-I Part B1 on March 20, 2025. PFCCL had invited Request for Proposal (RFP) bids for the project in October 2024. Competitive bidding process PFCCL, acting as the bid process coordinator (BPC),…
KEC International Limited has won a contract from Power Grid Corporation of India Limited (PGCIL) for the construction of an 800 kV high voltage direct current (HVDC) and 765 kV transmission line. The contract was awarded on March 15, 2025. Transformers and Rectifiers India Limited (TRIL) has secured a Rs 7.26 billion contract from Gujarat Energy Transmission Corporation Limited (GETCO) for the supply of auto transformers and bus reactors. The contract, awarded on March 17,…
The joint venture of Hindustan Construction Company Limited and Tata Projects Limited has secured a Rs 24.7 billion contract from Tata Power Company Limited for the construction of the 1,000 MW Bhivpuri Pumped Hydro Storage Project in Maharashtra. The project will be developed at Karjat with a total estimated cost of Rs 56.66 billion, financed 75 per cent by debt and 25 per cent by equity. The project received environmental clearance from the Ministry of…
The National Bank for Financing Infrastructure and Development (NaBFID) has sanctioned a Rs 2.72 billion loan to KPI Green Energy Limited for partial financing of its 50 MW wind-solar hybrid power project in Bharuch, Gujarat. The project is part of Phase I under Gujarat Urja Vikas Nigam Limited’s (GUVNL) wind-solar hybrid power initiative. In January 2024, KPI Green secured the 50 MW wind-solar hybrid project at a tariff of Rs 2.99 per kWh. The project…
Insolation Energy Limited has received a Letter of Intent (LoI) from Ajmer Vidyut Vitran Nagar Limited (AVVNL) and Jaipur Vidyut Vitran Nigam Limited (JVVNL) to set up cumulative 38.43 MW grid-connected solar power plant across Rajasthan. The projects will be developed under Component A of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) program. The LoI from AVVNL includes: 9 MW solar projects at six locations in Rajasthan with a levelised tariff of…
The Expert Appraisal Committee (EAC) of the Ministry of Environment, Forest and Climate Change (MoEFCC) reviewed several thermal and hydroelectric power projects in its February-March meetings. These projects faced scrutiny over environmental compliance, land use, and regulatory approvals. Here is a detailed look at the key discussions and decisions: Expansion by Addition of 2 x 660 MW Supercritical Units in Korba West, Chhattisgarh The project involves the expansion of Hasdeo Thermal Power Station (HTPS) in…
Damodar Valley Corporation (DVC) has announced the DVC Command Area Power Supply Modernization Project to ensure round-the-clock (RTC) quality power and reduce aggregate technical and commercial (AT&C) losses. The project, with an estimated cost of Rs 15 billion, is expected to be completed in 18 months. Covering 24,235 sq km in West Bengal and Jharkhand, the project upgrades DVC’s distribution network with a distribution management system (DMS), outage management system (OMS), customer relation management (CRM),…