KSERC dismisses KSEBL’s petition for execution of December 2023 order

KSERC dismisses KSEBL’s petition for execution of December 2023 order

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  The Kerala State Electricity Regulatory Commission (KSERC) has dismissed the petition filed by Kerala State Electricity Board Limited (KSEBL) seeking the execution, enforcement, and implementation of the commission’s order dated December 29, 2023, in RP No. 03/2023 in OP No. 08/2021. During the hearing, KSEBL’s counsel informed the commission that the petitioner was not pressing OP No. 10/2025 due to subsequent developments. Meanwhile, the counsels for the respondents argued that they had not received…

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Prozeal Green Energy files for Rs 7 billion IPO with SEBI

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Prozeal Green Energy Limited has submitted its draft red herring prospectus (DRHP) to the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO) worth Rs 7.00 billion. The offering consists of a fresh issue of Rs 3.50 billion and an offer for sale of Rs 3.50 billion by existing shareholders. Of the offer for sale, promoter selling shareholders will divest Rs 3.37 billion, while investor selling shareholders will offload Rs 130…

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Bihar proposes new renewable energy targets

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The Bihar Electricity Regulatory Commission (BERC) has proposed integrating distributed renewable energy (DRE) into the state’s renewable purchase obligation (RPO) framework for the financial year (FY) 2030. This move aims to promote smaller renewable projects while adjusting targets for wind and hydropower. As per the draft Bihar Electricity Regulatory Commission (Renewable Purchase Obligation, its Compliance, and REC Framework Implementation) Regulations, 2025, the RPO for DRE has been set at 4.5 per cent by FY 2030….

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Adani Green commissions 275 MW solar project at Khavda RE park

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Adani Renewable Energy Fifty Seven Limited, a wholly-owned subsidiary of Adani Green Energy Limited (AGEL), has begun commercial operations of a 275 MW solar power project in the Khavda Wind-Solar Hybrid Renewable Energy Power Park.  The project is located in the Rann of Kutch district of Gujarat and is part of the larger 30,000 MW renewable energy park. The commissioned capacity includes 212.5 MW, with an additional 37.5 MW and 25 MW coming online on…

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Bharat Grid wins Rs 22.74 billion contract for smart metering in Gujarat

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Bharat Grid Private Limited has won a contract worth Rs 22,739.73 million to provide Advanced Metering Infrastructure (AMI) services for smart prepaid metering in Paschim Gujarat Vij Company Limited (PGVCL).  The project will be executed on a design, build, finance, own, operate, and transfer (DBFOOT) basis under Phase II of the Gujarat Revamped Distribution Sector Scheme (RDSS). REC Power Distribution Company Limited (REC PDCL) invited bids for the contract in March 2024. The project is…

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Six firms bid for EPC contract of Heo Hydro Electric Project

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Six companies have submitted bids for the engineering, procurement, and construction (EPC) contract of the 240 MW Heo Hydro Electric Project in Arunachal Pradesh.  The bidders are Afcons Infrastructure Limited, Dineshchandra R Agrawal Infracon Private Limited (DRAIPL), G R Infraprojects Limited, Hindustan Construction Company Limited (HCC), Max Infra (India) Limited, and Patel Engineering Limited (PEL). North Eastern Electric Power Corporation Limited (NEEPCO) invited bids for the EPC package in November 2024. The contract is estimated…