Power Sector News Roundup for May 22, 2025

Global: Germany signals support for nuclear power in EU energy legislation shift India: KPCL seeks JV partner for Godhna coal power project in Chhattisgarh MoEFCC clears EIA study for Upper Bhavani pumped hydro project IIT K and CEG Test win contracts for thermal and nuclear projects CIL and MP municipal bodies invite bids for solar and wind projects India showcases green hydrogen vision at World Hydrogen Summit 2025 SAEL to set up 5 GW solar…

Status of solar parks and UMREPPs across India as of March 2025

Status of solar parks and UMREPPs across India as of March 2025

This table shows the current status of 55 solar parks and Ultra Mega Renewable Energy Power Projects (UMREPPs) across 15 states in India. It captures capacity, expected or actual completion dates, and key development milestones such as transmission progress, land acquisition, and commissioning status. Abbreviations used: APGENCO: Andhra Pradesh Power Generation Corporation APSPCL: Andhra Pradesh Solar Power Corporation Private Limited CEA: Central Electricity Authority CTU: Central Transmission Utility CTUIL: Central Transmission Utility of India Limited…

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Powergrid awards over Rs 17 billion in fresh contracts and posts steady profit

Power Grid Corporation of India Limited (Powergrid) has issued several key project awards recently, with the latest set totalling over Rs 17 billion. These include notable contracts awarded to KEC International, VIKRAN Engineering, CG Power, and GE Vernova.   KEC International secures Rs 11.33 billion in T&D orders KEC International Limited has bagged fresh orders worth Rs 11.33 billion in the transmission and distribution (T&D) business. The projects include ±800 kV high-voltage direct current (HVDC) and…

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Germany signals support for nuclear power in EU energy legislation shift

Germany has informed France it will no longer oppose recognising nuclear power as equal to renewable energy in European Union (EU) legislation, according to a report by Reuters. This marks a major shift in Germany’s energy policy under its new Chancellor, Friedrich Merz. Historically, Germany and France have held divergent views on nuclear energy. While France relies on nuclear power for around 70 per cent of its electricity, Germany had shut down its reactors, classifying…

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Waaree enters transformer business with Rs 2.93 billion acquisition

Waaree Energies Limited has acquired 100 per cent equity in Kamath Transformers Private Limited and Green New Delhi Forever Energy Private Limited, expanding its footprint in both manufacturing and power project development. The acquisition of Kamath Transformers, valued at approximately Rs 2.93 billion, marks Waaree’s entry into the transformer manufacturing segment. Kamath Transformers was established in 1994 and has since grown into a recognised manufacturer and exporter of power and distribution transformers, inverter duty transformers,…

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Chandigarh to launch rooftop solar projects under RESCO model

The Chandigarh Renewal Energy and Science and Technology Promotion Society (CREST) will roll out rooftop solar installations on government-built properties using the renewable energy service company (RESCO) model. The initiative will begin with 3 MW of projects across identified sites, starting with a pilot at the Chandigarh Housing Board’s Sector 51 Housing Society. CREST has signed a memorandum of understanding after discussions with the local resident welfare association. More installations are planned on municipal corporation…

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JSW Energy to invest Rs 140 billion in O2 Power

JSW Energy Limited has announced an investment of Rs 140 billion to expand the renewable energy capacity of its O2 Power platform. The company plans to scale up O2 Power’s portfolio to 4.7 GW by June 2027. O2 Power currently has 1.3 GW of installed capacity. An additional 2,259 MW is expected to become operational by June 2025, with 1,463 MW under construction and 974 MW in the development pipeline. JSW Energy acquired O2 Power…

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Inox Green signs 285 MWp solar O&M deals

Inox Green Energy Services Limited has signed agreements to provide operations and maintenance (O&M) services for 285 MWp of solar projects owned by two major renewable energy developers in India. The projects are located across multiple sites. With these additions, Inox Green’s solar O&M portfolio has grown to nearly 1 GW, achieved within a month of entering the solar segment. The company plans to expand this portfolio further through both organic growth and acquisitions. Inox…

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Premier Energies and Nuevosol form JV to manufacture aluminium frames for solar modules

Premier Energies Limited (PEL) has signed a joint venture agreement with Nuevosol Energy Private Limited to invest in Premier-Green Aluminium Private Limited. The new entity will focus on manufacturing aluminium frames for solar photovoltaic (PV) modules. The joint venture will set up a facility for aluminium foundry and extrusion, targeting high-quality frame production to serve both domestic and captive demand. The manufacturing unit will cater exclusively to the Indian market and feature modern infrastructure. Under…

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Reliance Power to develop 500 MW solar project in Bhutan with DHI

Reliance Power Limited has signed a commercial term sheet for a long-term power purchase agreement (PPA) with Green Digital Private Limited (GDL), a subsidiary of Druk Holding and Investments Limited (DHI). DHI is the investment arm of the Royal Government of Bhutan. The agreement outlines a 50:50 joint venture between Reliance Power and DHI to develop a 500 MW solar power project in Bhutan. With an estimated investment of up to Rs 20 billion, this…