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Masdar and Samruk-Kazyna to develop renewables in Kazakhstan

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Masdar has signed a collaboration agreement with Kazakhstan’s sovereign wealth fund, Samruk-Kazyna, to develop renewable energy and battery energy storage system (BESS) projects in the country. The signing was witnessed by Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan and Kazakhstan President Kassym-Jomart Tokayev. The partners plan to launch a ’24/7′ renewable energy initiative to deliver up to 500MW of baseload clean energy, alongside BESS projects with up to 2GW of…

Power Sector News Roundup for May 14, 2025

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Global: Masdar and Samruk-Kazyna to develop renewables in Kazakhstan India: KEC secures Rs 10.34 billion in orders, enters STATCOM and semiconductor segments Arunachal forms JV with NEEPCO for 2.6 GW hydro projects, CEA invites EOIs GETCO invites bids for GEC-II transmission and transformer projects Madhya Pradesh identifies dams for floating solar power projects ReNew to set up 2,800 MW hybrid power project with BESS in Andhra Pradesh Adani Green commissions 50 MW solar project at…

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KEC secures Rs 10.34 billion in orders, enters STATCOM and semiconductor segments

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KEC International Limited, an infrastructure EPC company under the RPG Group, has secured new orders worth Rs 10.34 billion across its Transmission & Distribution (T&D), Civil, and Cables businesses. These contracts were announced on May 12, 2025. In the T&D segment, KEC won a STATCOM (Static Synchronous Compensator) project from a global Original Equipment Manufacturer (OEM) in India. This marks KEC’s first entry into the STATCOM segment, expanding its substation-related capabilities. The T&D business also…

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Arunachal forms JV with NEEPCO for 2.6 GW hydro projects, CEA invites EOIs

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The Cabinet of Arunachal Pradesh has approved the formation of NEEPCO Arunachal Hydro Power Corporation, a joint venture between the Government of Arunachal Pradesh (GoAP) and North Eastern Electric Power Corporation Limited (NEEPCO). The JV will implement five hydro electric projects (HEPs) with a combined capacity of 2,626 MW in the state. The approved projects are: 1,000 MW Naying Hydro Electric Project 700 MW Tato-II Hydro Electric Project 500 MW Hirong Hydro Electric Power Project…

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GETCO invites bids for GEC-II transmission and transformer projects

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Gujarat Energy Transmission Corporation Limited (GETCO) has invited bids for multiple transmission infrastructure projects under the Gujarat Green Energy Corridor (GEC)-II scheme. These include a 765 kV double-circuit (D/C) transmission line and transformer procurement in two separate packages. For the transmission line, GETCO has called for design, supply, erection, testing, and commissioning of the 765 kV D/C Som Pipaliya (Saurashtra)–Vataman line. The route length is 118.186 km, and the line will use Hexa ACSR Zebra…

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Madhya Pradesh identifies dams for floating solar power projects

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The Water Resources Department, Madhya Pradesh has identified various dams and reservoirs for setting up floating solar power projects in the state. This initiative is part of the Ministry of Power’s (MoP’s) national vision to install floating solar power projects on water bodies across India. MoP has allocated the survey and investigation (S&I) work for these sites to NHPC Limited. NHPC has further assigned the work to Tata Consulting Engineers Limited (TCEL). The following dams…

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ReNew to set up 2,800 MW hybrid power project with BESS in Andhra Pradesh

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ReNew Power Ventures Private Limited plans to develop a 2,800 MW wind-solar hybrid power project with a 2,000 MWh Battery Energy Storage System (BESS) in Anantapur, Andhra Pradesh. The foundation stone will be laid on May 16, 2025. The project will be executed in two phases: Phase I will include 587 MW solar, 250.8 MW wind, and a 415 MWh BESS system. Phase II will include 1,213 MW solar, 749.2 MW wind, and a 1,585…

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Adani Green commissions 50 MW solar project at Khavda hybrid park

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Adani Renewable Energy Fifty Six Limited, a wholly-owned subsidiary of Adani Green Energy Limited (AGEL), has started commercial operations of a 50 MW solar power project on May 15, 2025. The project is part of the 30,000 MW Khavda Wind-Solar Hybrid Renewable Energy Power Park in the Rann of Kutch, Gujarat. The Khavda park includes 26,000 MW of solar and 4,000 MW of wind capacity. It is being developed by AGEL, with Gujarat Industries Power…

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Vikram Solar to supply 326.63 MW modules for Khavda solar project

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Vikram Solar Private Limited has secured a contract for the supply of 326.63 MW of solar photovoltaic (PV) modules for the 500 MW Khavda Solar PV Project – Phase XX in Gujarat. The project is being developed by Gujarat Industries Power Company Limited (GIPCL) in the Rann of Kutch district. Awarded on May 12, 2025, the contract covers the manufacturing, testing, packing, transportation, and insurance of 540–570 Wp bifacial PV modules. The modules are expected…

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Solex Energy and Advait Energy report FY 2024–25 performance

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Solex Energy Limited reported a total income of Rs 6.658 billion for FY 2024–25, up 81 per cent from Rs 3.680 billion in FY 2023–24. Profit after tax surged to Rs 427.9 million, a 390 per cent increase from Rs 87.3 million. Earnings per share (EPS) rose to Rs 43.82, reflecting a 301 per cent rise year-on-year. Earnings before interest, taxes, depreciation, and amortisation (EBITDA) stood at Rs 731.2 million, marking 157 per cent growth….