Power Sector News Roundup for April 9, 2025

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Global: UK shortlists 27 projects under second hydrogen allocation round India: KPI Green terminates 66.2 MW CPP hybrid project with Sai Infinium Websol to supply 100 MW MONO PERC solar cells to Luminous Power Himachal Pradesh Cabinet approves takeover of five hydro projects from SJVN and NHPC Karnataka to set up transmission system for 2,000 MW Sharavathi pumped storage project BPCL and Sembcorp form joint venture for renewable energy and green hydrogen NTPC Green and…

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UK shortlists 27 projects under second hydrogen allocation round

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The UK government has shortlisted 27 hydrogen-powered projects in its second Hydrogen Allocation Round (HAR2) to scale low-carbon hydrogen production. These projects are expected to play a key role in decarbonising industries like ammonia production, clean power, glass and brick manufacturing, and sustainable aviation fuel. Together, the selected projects could help attract over €1 billion (around £850 million) in private sector investment by 2029. The sector has already drawn €400 million, or about £340 million,…

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NTPC-CEB joint venture begins 50 MW solar project in Sri Lanka

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Trincomalee Power Company Limited (TPCL), a 50:50 joint venture between NTPC Limited and Sri Lanka’s Ceylon Electricity Board (CEB), has started work on a 50 MW solar project in Sri Lanka’s eastern province. This marks a key step in cross-border energy cooperation. The project is part of a larger plan to develop 120 MW of solar capacity in phases. Phase I, comprising the initial 50 MW, has secured both the power purchase agreement with CEB…

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Hero Future Energies to supply 120 MW renewable power to SJVN

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Hero Future Energies (HFE) has signed a power purchase agreement (PPA) with SJVN Limited to supply 120 MW of firm and dispatchable power. The power will come from a renewable energy project integrated with energy storage. HFE secured this capacity at a tariff of Rs 4.25 per kWh in SJVN’s 1,200 MW auction. The project will follow a build-own-operate model. It can be set up anywhere in India, as long as it connects to the…

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Kundan Green Energy acquires 11.5 MW waste-to-energy plant in Jabalpur

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Kundan Green Energy has taken over an 11.5 MW operational waste-to-energy plant in Jabalpur, Madhya Pradesh. The acquisition was made through insolvency proceedings under the Insolvency and Bankruptcy Code, 2016. The process was initiated by the State Bank of India and completed via the National Company Law Tribunal. The acquired facility, previously operated by the Essel Group under Jabalpur MSW Private Limited, processes about 450 tonnes of municipal solid waste each day. The electricity it…

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NTPC Green and MAHAPREIT form JV for 10,000 MW renewable projects

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NTPC Green Energy Limited (NGEL), a wholly owned subsidiary of NTPC Limited, and Mahatma Phule Renewable Energy and Infrastructure Technology Limited (MAHAPREIT) have formed a joint venture (JV) to develop 10,000 megawatts (MW) of renewable energy projects. The JV, named NTPC-MAHAPREIT Green Energy Limited, was established on April 8, 2025. NGEL holds a 74 percent equity stake in the JV, while MAHAPREIT holds the remaining 26 percent. The JV will set up renewable energy parks,…

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BPCL and Sembcorp form JV for renewable energy and green hydrogen

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Bharat Petroleum Corporation Limited (BPCL) and Sembcorp Green Hydrogen India Private Limited (SGHIPL), a wholly owned subsidiary of Sembcorp Energy India Limited (SEIL), signed a Joint Venture Agreement (JVA) on April 3, 2025. The agreement marks the formation of a 50:50 joint venture (JV) to develop renewable energy and green hydrogen projects in India. The JV will focus on setting up renewable power, green hydrogen, and green ammonia production facilities. It will also explore opportunities…

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Karnataka to set up transmission system for 2,000 MW Sharavathi pumped storage project

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The Government of Karnataka has issued an order to establish the transmission system for evacuating power from the 2,000 MW Sharavathi Pumped Storage Hydel Project. REC Power Distribution Company Limited (REC PDCL) has been appointed as the bid process coordinator. The project will follow a tariff-based competitive bidding (TBCB) process. REC Power Development and Consultancy Limited (RECPDCL) will oversee the bidding. The project is planned alongside a 2,000 MW solar park in Tumakuru district. Both…

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KPI Green terminates 66.2 MW CPP hybrid project with Sai Infinium

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KPI Green Energy Limited has terminated the Letter of Award (LoA) it received from Sai Bandhan Infinium Private Limited for developing a 66.2 MW wind-solar hybrid power project. The decision was made due to changes in technical requirements after the LoA was issued. The LoA was awarded in September 2024. The project was to be developed under the Captive Power Producer (CPP) segment and completed in tranches by July 2025. In the CPP model, KPI…

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Websol to supply 100 MW MONO PERC solar cells to Luminous Power

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Websol Energy Systems Private Limited has signed a purchase agreement with Luminous Power Technologies Private Limited for the supply of 100 MW of MONO PERC solar cells. The agreement was signed on April 5, 2025. The supply is scheduled to take place over a one-year period, from April 2025 to April 2026. The solar cells are expected to have an efficiency range of 23% to 23.4%. This order aligns with Websol’s ongoing growth plans. The…