Regulatory Developments in Power Generation Sector: April 29, 2025

  APTEL partly upholds SEPC’s fixed charge claim against TANGEDCO The Appellate Tribunal for Electricity (APTEL) has partly allowed the Tamil Nadu Generation and Distribution Corporation’s (TANGEDCO) appeal against the Tamil Nadu Electricity Regulatory Commission’s (TNERC) order that had upheld SEPC Power Private Limited’s (SEPC) claim for fixed charges. The case pertains to a power supply dispute under a power purchase agreement (PPA) for a 525 MW imported coal-based thermal plant in Tamil Nadu. SEPC…

Regulatory Developments in Renewable Sector April 29, 2025

  CERC finalises tariff for NTPC’s 92 MW floating solar plant in Kerala The Central Electricity Regulatory Commission (CERC) has determined the levelized project-specific tariff for NTPC’s 92 MW floating solar photovoltaic (PV) project at Rajiv Gandhi Combined Cycle Power Project, Kayamkulam, Kerala. The order was passed in response to two petitions—Petition No. 357/MP/2023 by Kerala State Electricity Board Limited (KSEBL) and Petition No. 66/GT/2024 by NTPC Limited. The plant was commissioned on 24 June…

State regulators approve tariffs for HPSEBL and Aspen Park Infra

  HPERC approves new power tariffs for HPSEBL for FY26 The Himachal Pradesh Electricity Regulatory Commission (HPERC) has finalised the Aggregate Revenue Requirement (ARR) and approved the wheeling and retail supply tariffs for Himachal Pradesh State Electricity Board Limited (HPSEBL) for FY 2025-26. The Commission’s order, dated March 28, 2025, also concludes the final true-up for FY 2022-23, provisional true-up for FY 2023-24, and the true-up of controllable parameters for the 4th MYT Control Period…

Regulatory Developments in Power Transmission Sector: April 29, 2025

  CERC approves final transmission tariff for Solapur STPP line for 2019–29 The Central Electricity Regulatory Commission (CERC) has issued its final order on Petition No. 3/TT/2025, filed by Power Grid Corporation of India Ltd. (PGCIL), approving the truing-up of transmission charges for the 2019–24 period and determination of tariff for 2024–29 for the 400 kV Solapur STPP–Solapur (POWERGRID) double circuit transmission line and associated bays. The asset, commissioned on October 1, 2017, forms part…

Power Sector News Roundup for April 29, 2025

Global: China approves construction of ten new nuclear reactors Lebanon signs loan with World Bank for electricity sector reforms India: Premier Energies forms subsidiary for silicon ingot and wafer manufacturing Raychem RPG becomes first Indian firm to earn E3, C3, F1 certification for cast resin transformers PGCIL awards rooftop solar contracts worth Rs 87.63 million Power Ministry discusses nuclear power expansion roadmap REC raises Rs 50 billion via bonds to support power sector lending Hindalco…

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Bids received for ONGC floating solar and TCC captive power projects

Oil and Natural Gas Corporation Limited (ONGC) has received bids from 12 companies to set up a 10 MW/13 MWp floating solar photovoltaic (PV) project at its Hazira plant in Surat, Gujarat. The project will be developed on a lump-sum turnkey basis. The bidders include Enerture Technologies, Enviro Infra Engineers, Insolare Energy, Kishan Infrastructure Industries, KPI Green Energy, Lumino Industries, Madhav Infra Projects, Oriana Power, Prozeal Green Energy, Purshotam Profiles (PPPL), Solarium Green Energy, and…

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Rays Power JV wins 125 MW EPC contract in Assam

The joint venture (JV) of Rays Power Infra Private Limited and Insolation Energy Limited has secured an engineering, procurement, and construction (EPC) contract from Assam Power Distribution Company Limited (APDCL) to set up a 125 MW solar power project. This project is part of the 1,000 MW Khagarijan Solar Power Project under the Mukhya Mantri Sauro Shakti Prokolpo scheme. The scope includes design, engineering, supply, construction, erection, testing, and commissioning of the plant, along with…

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Diamond Power wins cable supply order under DGVCL scheme

Diamond Power Infrastructure Limited has received a Letter of Intent (LoI) worth Rs 1,509.86 million from Rajesh Power Services Limited.  The order is for supplying cross-linked polyethylene (XLPE) aluminium armored high tension (HT) cables under the Dakshin Gujarat Vij Company Limited (DGVCL) System Improvement (SI) scheme. The LoI was issued on April 28, 2025, as part of Gujarat’s broader SI initiatives aimed at strengthening power infrastructure and improving service reliability. The SI schemes are being…

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Hindalco commissions EV component plant in Pune

Hindalco Industries Limited, part of the Aditya Birla Group, has commissioned an electric vehicle (EV) component manufacturing facility in Chakan, Pune. Built at a cost of Rs 5 billion, the plant spans 5 acres and marks Hindalco’s entry into the EV components space. The facility focuses on producing lightweight aluminium battery enclosures, critical for improving EV efficiency and crash resistance. It has an initial annual capacity of 80,000 units, which will be scaled up to…

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REC raises Rs 50 billion via bonds to support power sector lending

REC Limited has mobilised Rs 50 billion through bond issuance on a private placement basis to bolster its funding for power sector financing. The issue included Rs 30 billion in 5-year bonds with a 6.87 per cent coupon rate and Rs 20 billion in 10-year bonds with a 6.86 per cent coupon rate. Strong investor interest highlighted market confidence in REC’s financial and operational stability. All three major credit rating agencies—CARE Ratings, ICRA, and India…