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L&T emerges as lowest bidder for reactor and turbine works at Kudankulam 5 & 6

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Larsen & Toubro Limited (L&T) has emerged as the lowest bidder (L1) for erection works at the Kudankulam Nuclear Power Plant Units 5 and 6. L&T quoted Rs 13.14 billion for the contract invited by Nuclear Power Corporation of India Limited (NPCIL) in April 2024. The scope includes erection of nuclear reactor systems and turbine systems. It covers equipment such as generators, condensers, sea water systems, cranes, and other associated systems. The work also involves…

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PGCIL Declares COD for Western Region Expansion Scheme-XXVII

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Power Grid Corporation of India Limited (PGCIL) has declared the Commercial Operation Date (COD) for the Western Region Expansion Scheme-XXVII (WRES-XXVII) as April 16, 2025. The project was physically commissioned earlier, on March 26, 2025. Designed to strengthen the transmission network in Chhattisgarh, the scheme aims to improve power import capability into the state, enhance supply reliability to the Dhamtari substation of Chhattisgarh State Power Distribution Company Limited (CSPTCL), and ease the load on the…

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1,600 MW Mirzapur Thermal Power Plant (Adani)

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The Mirzapur Thermal Project involves the development of a coal-based thermal power plant using supercritical technology in Dadri Khurd village, Mirzapur Sadar tehsil, Mirzapur district, Uttar Pradesh. Initially proposed as two units of 660 MW each (1320 MW total), it was later upgraded to two units of 800 MW, bringing the total capacity to 1600 MW. Originally, the project was planned at Ghazipur but was later relocated to Mirzapur due to proximity to coal sources….

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EDF commissions South Africa’s first IPP-developed main transmission substation

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EDF Renewables, a subsidiary of the French Électricité de France (EDF) Group, has commissioned the 400/132 kV Koruson main transmission substation (MTS) near Noupoort in South Africa’s Northern Cape. This is the first major transmission substation in the country to be developed entirely by an independent power producer (IPP). The MTS connects 1.5 GW of renewable energy to the national grid and forms part of the Koruson 1 cluster, developed in partnership with H1 Holdings,…

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IREDA and Waaree Renewable report profit growth in 2024–25

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Indian Renewable Energy Development Agency Limited (IREDA) has posted a net profit of Rs 16.98 billion for 2024–25. This marks a 35.62 per cent rise from Rs 12.52 billion in the previous year. The company’s total income increased by 36.07 per cent to Rs 67.56 billion, up from Rs 49.65 billion in 2023–24. Waaree Renewable Technologies Limited also reported a significant jump in profitability. Its net profit rose to Rs 2.29 billion in 2024–25, up…

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PFCCL forms three new SPVs for interstate transmission projects

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PFC Consulting Ltd (PFCCL) has incorporated three wholly-owned subsidiaries to act as special purpose vehicles (SPVs) for upcoming interstate transmission system (ISTS) projects. These schemes are being developed under the tariff-based competitive bidding (TBCB) framework. Each SPV will be transferred to the selected transmission service provider after the bidding process. All three projects aim to improve grid connectivity and support renewable energy (RE) integration. The first project, “Augmentation of transformation capacity and implementation of line…

Regulatory Developments in Power Transmission Sector: April 21, 2025

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GERC approves transmission tariff and ARR for GETCO till FY 2029-30 The Gujarat Electricity Regulatory Commission (GERC) has issued its final order on Case No. 2419 of 2024, approving the truing up for FY 2023-24 and determining the Aggregate Revenue Requirement (ARR) and transmission tariff for Gujarat Energy Transmission Corporation Limited (GETCO) for the Multi-Year Tariff (MYT) control period from FY 2025-26 to FY 2029-30. For FY 2023-24, GETCO reported total transmission charges of Rs…

Regulatory Developments in Renewable Sector April 21, 2025

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  CERC upholds CTUIL’s revocation of 160 MW wind project connectivity The Central Electricity Regulatory Commission (CERC) has dismissed Halvad Renewables Private Limited’s petition against the revocation of its 160 MW connectivity at the Gadag-II substation in Karnataka. The order, issued on March 27, 2025, upheld Central Transmission Utility of India Limited’s (CTUIL) action based on non-compliance with the General Network Access (GNA) Regulations, 2022. Halvad Renewables, a subsidiary of EDF Renewables, had sought to…

Regulatory Developments in Power Distribution Sector April 21, 2025

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  UGVCL reports surplus in FY 2023–24, GERC approves ARR and tariff through FY 2029–30 The Gujarat Electricity Regulatory Commission (GERC) has issued its final order on Case No. 2421 of 2024, approving the truing up of FY 2023–24 and the Aggregate Revenue Requirement (ARR) and tariff for Uttar Gujarat Vij Company Limited (UGVCL) for the Multi-Year Tariff (MYT) control period from FY 2025–26 to FY 2029–30. For FY 2023–24, UGVCL reported a total ARR…

Regulatory Developments in Power Generation Sector: April 21, 2025

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  GERC approves tariff and truing up for GSECL through FY 2029-30 The Gujarat Electricity Regulatory Commission (GERC) has issued its final order on Case No. 2418 of 2024, approving the truing up for FY 2023-24 and determining the Aggregate Revenue Requirement (ARR) and tariffs for Gujarat State Electricity Corporation Limited (GSECL) for the Multi-Year Tariff (MYT) control period FY 2025-26 to FY 2029-30. GSECL had submitted the petition under Sections 62 and 64 of…