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Odisha clears Rs 11.92 bn investment for 150 MW RE projects

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The State Level Single Window Clearance Authority (SLSWCA) of Odisha has approved investment proposals worth Rs 11.92 billion for renewable energy development. The approved projects will add a cumulative capacity of 149.97 MW in the state. These include two wind power projects with a total capacity of 95.7 MW and two solar power projects with a combined capacity of 53.97 MW. In addition, a 0.6 MWh battery energy storage system (BESS) will also be set…

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Sunsure Energy to invest in 11 MW captive solar project in Maharashtra

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Sunsure Solarpark Thirty Seven Private Limited, a special purpose vehicle of Sunsure Energy Private Limited, has signed key agreements with Sunflag Iron & Steel Company Limited to develop a captive solar power project in Dhule, Maharashtra. The agreements include a Power Purchase Agreement (PPA) and a Share Subscription and Shareholders Agreement (SSSHA). As part of the deal, Sunflag will invest Rs 57.25 million to acquire a 26 per cent equity stake in the SPV developing…

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POWERGRID commissions 85 MW solar plant in Madhya Pradesh

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Power Grid Corporation of India Limited (POWERGRID) has started commercial operations at its 85 MW solar photovoltaic (PV) power plant in Nagda, Ujjain, Madhya Pradesh. The plant was developed by POWERGRID through its wholly owned subsidiary, POWERGRID Energy Services Limited. The solar plant was commissioned and began commercial operations on April 24, 2025. NTPC Limited served as the consultant for the project, providing technical and project support. The solar facility spans 250 hectares across Makla…

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Google signs offshore wind PPA with CIP in Taiwan

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Google has signed a power purchase agreement (PPA) with Copenhagen Infrastructure Partners (CIP) in Taiwan.  Under the terms of the agreement, Google will buy renewable energy from the Fengmiao I offshore wind project, which is set to become operational in 2027. Located off the coast of Taiwan, the Fengmiao I offshore wind project is the first to achieve financial close from Taiwan’s Round 3.1 auction. Once operational, it will power Google’s data center, cloud region,…

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NTPC and Bihar discuss nuclear power plant in Nawada district

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NTPC Limited is currently in talks with the Bihar government to set up a nuclear power plant in the Nawada district.  The state has formally approached the Ministry of Power, requesting that Bihar be considered for this major nuclear project.  The proposed plant is set to be developed as an independent initiative, with water potentially sourced from the nearby Phulwaria dam to meet the plant’s extensive water needs. The discussions suggest that additional water may…

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India and Saudi Arabia sign energy pact

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India and the Kingdom of Saudi Arabia have signed an agreement to deepen cooperation in the energy sector, prioritising security of supply across all energy sources. Both sides agreed to collaborate on balancing global energy market dynamics and strengthening supply chain resilience. The agreement includes support for India’s strategic petroleum reserve programme and extends to crude oil, LPG, refining, and petrochemicals. Cooperation will also cover electricity and renewable energy. A joint study on electrical interconnection…

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Adani Green signs PPA with UPPCL for 1,250 MW pumped storage project

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Adani Green Energy Limited (AGEL) has signed a power purchase agreement (PPA) with Uttar Pradesh Power Corporation Limited (UPPCL) for 1,250 MW of energy storage capacity. The supply will come from the Panaura pumped storage project (PSP), located at Soman village in Robertsganj tehsil, Sonbhadra district. The PPA was signed through AGEL’s subsidiary, Adani Hydro Energy Five Limited. The Panaura PSP is designed as an off-stream closed-loop system and was awarded to AGEL in February…

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Madhya Pradesh launches biofuel scheme with investment-linked incentives

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The Madhya Pradesh government has introduced the ‘Scheme for Implementation of Biofuel Projects in Madhya Pradesh’ to attract investments above Rs 100 million in biofuel infrastructure.  The scheme covers the full value chain, from feedstock cultivation to distribution and end-use, and aims to set up bio-refinery clusters along with the infrastructure needed for biomass and waste handling. Biofuel manufacturing and biomass supply units investing over Rs 100 million are eligible for incentives. Exceptions to this…

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MEIL wins EPC contract for Kaiga nuclear units 5 and 6

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Megha Engineering and Infrastructures Limited (MEIL) has secured a contract worth Rs 127,869.35 million for the engineering, procurement, and construction (EPC) of Kaiga Nuclear Power Plant Units 5 and 6. The contract was awarded by Nuclear Power Corporation of India Limited (NPCIL) on April 23, 2025. NPCIL had invited bids for the project in May 2023. The 1,400 MW nuclear project is being developed as Phase III of the Kaiga plant in Uttara Kannada district,…

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Four firms win bids for 250 MW wind projects under GUVNL Phase-IX

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Four developers have won contracts to set up a total of 250 MW grid-connected wind power projects across India under Phase IX of Gujarat Urja Vikas Nigam Limited (GUVNL). The bidding was finalised on April 23, 2025. KPI Green Energy Limited secured 100 MW at a tariff of Rs 3.64 per kWh. Juniper Green Energy Private Limited won 50 MW at Rs 3.65 per kWh. JGRJ Four Renewable Private Limited (Jakson Green), a subsidiary of…