Power Sector News Roundup for May 13, 2025

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Global: AIIB, ADB, and AIF partner to boost ASEAN infrastructure and power grid India: NCT clears three interregional transmission projects worth Rs 38.4 billion EAC recommends ToR for four pumped storage projects Venus Pipes secures contract for boiler tubes in thermal projects Centre approves Rs 3.84 billion transmission project for Pakaldul HEP NHPC to develop 2,000 MW pumped storage in Rajasthan UP and MP float bids for 6,100 MW power and storage capacity NHPC invites…

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AIIB, ADB, and AIF partner to boost ASEAN infrastructure and power grid

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The Asian Infrastructure Investment Bank (AIIB), Asian Development Bank (ADB), and ASEAN Infrastructure Fund (AIF) have signed a letter of intent to collaborate on ASEAN-related infrastructure projects.  The agreement outlines cooperation on high-impact projects, including the ASEAN Power Grid (APG) and ASEAN Catalytic Green Finance Facility (ACGF). The partnership will focus on project origination, co-financing, technical cooperation, and knowledge sharing. It aims to mobilise joint expertise and financial resources, aligning AIIB and ADB assistance with…

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Karnataka signs MoU with GAIL for 1,000 MW RE projects

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The Government of Karnataka signed a Memorandum of Understanding with GAIL (India) Limited on May 9, 2025. The agreement aims to develop 1,000 MW of renewable energy projects in the state by 2030. Under the MoU, the state government will assist GAIL in securing all necessary permissions, approvals, clearances, registrations, and incentives through relevant departments. M B Patil, Minister for Large and Medium Industries and Infrastructure Development, stated that Karnataka’s policies, workforce, and land availability…

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APM Projects wins LoA for 10 MW solar project in Odisha

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APM Projects Private Limited has received a Letter of Acceptance worth Rs 487.34 million to develop a 10 MW grid-connected solar power project in Lakhanpur, Odisha. The project will be located at Kirarama village in the Lakhanpur area of Mahanadi Coalfields Limited (MCL). Bids were invited in November 2024 by Central Mine Planning and Design Institute (CMPDI), a wholly owned subsidiary of Coal India Limited (CIL). Scope of work includes design, engineering, procurement, supply, construction,…

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Navlai Infra bags award for 37 MW solar projects in Maharashtra

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Navlai Infra has secured a Letter of Award worth Rs 1,697.5 million for setting up a total of 37 MW solar photovoltaic (PV) power projects. These will be installed at multiple locations along the Hindu Hrudaysamrat Balasaheb Thackeray Maharashtra Samruddhi Mahamarg (HHBTMSM) Expressway in Maharashtra. The award is part of the 250 MW solar PV project led by Mahasamruddhi Renewable Energy Limited (MREL), a special purpose vehicle of Maharashtra State Road Development Corporation Limited (MSRDC)….

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Alpex-NVNR JV wins award for 70 MW solar project in Madhya Pradesh

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The joint venture of Alpex Solar Private Limited and NVNR Power and Infra Private Limited has received a Letter of Award worth Rs 3,499.93 million. The project involves setting up a 70 MW solar power plant at Nandan Washery of Western Coalfields Limited (WCL) in the Kanhan area of Damua, Madhya Pradesh. The award was issued on May 9, 2025. Bids were invited in December 2024 by Central Mine Planning and Design Institute (CMPDI), a…

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Blupine secures Rs 3.76 billion for 100 MW solar project in Gujarat

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Blupine Energy Private Limited has achieved financial closure for its 100 MW grid-connected solar power project under Gujarat Urja Vikas Nigam Limited (GUVNL) Phase XXII. The project will come up in Tharad, Banaskantha, Gujarat. The company secured Rs 3.76 billion in debt financing from Standard Chartered Bank for the project. Blupine is executing the project through its wholly-owned subsidiary, Solarcraft Power India 5 Private Limited. In February 2024, the subsidiary secured 50 MW base capacity…

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NHPC invites bids for civil works package in J&K hydro project

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NHPC Limited issued a tender on May 9, 2025, for the Lot-I civil works package of the Uri-I Stage II Hydro Electric Project in Jammu & Kashmir. The last date for bid submission is June 9, 2025. The package includes construction of the Head Race Tunnel (HRT), pressure shaft/penstock, surge shaft, underground power house and transformer caverns, tail race tunnel (TRT), adits, bus ducts, ventilation tunnels and shafts, and other related structures. The estimated cost…

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UP and MP float bids for 6,100 MW power and storage capacity

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Uttar Pradesh Power Corporation Limited (UPPCL) and M.P. Power Management Company Limited have issued bids to procure a combined 6,100 MW of power and storage capacity. UPPCL has invited bids to procure 2,000 MW of energy storage capacity from grid connected pumped hydro storage plant/s located anywhere in India. The projects will be developed on a build, own, operate, and manage (BOOM) basis. The last date for bid submission is May 31, 2025. The supply…

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NHPC to develop 2,000 MW pumped storage in Rajasthan

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NHPC Limited and Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL) have signed a Memorandum of Understanding (MoU) to develop two pumped storage projects (PSPs) of 1,000 MW each in Rajasthan. The projects will be implemented through a joint venture (JV) between the two entities. This move strengthens NHPC’s presence in Rajasthan, where it recently began commercial operations of 107.14 MW of solar capacity. The project is part of the 1,000 MW Grid Connected Solar PV…