Power Sector News Roundup for June 5, 2025

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India: Juniper Green commissions 145.99 MWp solar project in Maharashtra Serentica secures Rs 8.58 billion ECB for 300 MW solar project in Rajasthan Epigral to invest Rs 213.8 million in Gujarat hybrid power project NTPC Green signs PPA with UPPCL for 1,000 MW solar project Lloyd Metals to invest in wind-solar hybrid projects in Maharashtra P&R Infraprojects secures H&M contract for Tato-I hydro project works THDCIL commissions India’s first variable speed pumped storage unit CEA…

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Juniper Green commissions 145.99 MWp solar project in Maharashtra

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Juniper Green Energy Private Limited has commissioned a 145.99 MWp solar power project in Chapalgaon village, located in Akkalkot taluka of Solapur district, Maharashtra. The electricity generated from the project will be supplied to the Maharashtra State Electricity Distribution Company Limited (MSEDCL). The project marks a key addition to Juniper Green’s growing renewable energy portfolio in India.

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Serentica secures Rs 8.58 billion ECB for 300 MW solar project in Rajasthan

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Serentica Renewables India Private Limited (SRIPL) has achieved financial closure for its 300 MW solar power project in Rajasthan. The company has secured over Rs 8.58 billion (USD 100 million) through External Commercial Borrowing (ECB) from Rabobank and Societe Generale. The power generated from this project will be supplied to Bharat Aluminium Company Limited (BALCO), a wholly-owned subsidiary of Vedanta Limited. This forms part of Vedanta’s broader plan to procure 691 MW of renewable energy…

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Epigral to invest Rs 213.8 million in Gujarat hybrid power project

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Epigral Limited has signed a Share Subscription and Shareholder’s Agreement (SSSHA) with Prozeal Green Energy Private Limited and its special purpose vehicle (SPV), Pro-Zeal Green Power Ten Private Limited. The agreement is for the procurement of power from a 19.8 MW wind-solar hybrid project located in Gujarat. Epigral will invest around Rs 213.8 million to acquire a 26 per cent equity stake in the SPV. The investment will support power procurement on a captive basis.

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NTPC Green signs PPA with UPPCL for 1,000 MW solar project

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NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited, has signed a 25-year power purchase agreement (PPA) with Uttar Pradesh Power Corporation Limited (UPPCL). The agreement, signed on June 4, 2025, covers the supply of 1,000 MW of solar power from an Inter-State Transmission System (ISTS)-connected project. The project can be located anywhere in India. NGEL will develop it under a build, own, operate and maintain (BOOM) model. The scope includes land identification, installation,…

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Lloyd Metals to invest in wind-solar hybrid projects in Maharashtra

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Lloyd Metals and Energy Limited is expanding its renewable energy portfolio. The company’s Board of Directors has approved signing a Share Subscription and Shareholders Agreement (SSSHA) with Hexa Climate Solutions Private Limited. Under this agreement, Lloyd Metals will invest Rs 120 million in Hexa Energy W2 Private Limited and Rs 100 million in Hexa Energy MH3 Limited. These are special purpose vehicles (SPVs) of Hexa Climate. In return, Lloyd will acquire a 26 per cent…

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P&R Infraprojects secures H&M contract for Tato-I hydro project

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P&R Infraprojects Limited has been awarded a contract worth Rs 676.19 million for Package II of the 186 MW Tato-I Hydro Electric Project. The scope includes hydro-mechanical (H&M) works and penstock steel liner works. North Eastern Electric Power Corporation Limited (NEEPCO) invited bids for this package in December 2024. NEEPCO is implementing the Tato-I project in the Shi Yomi district of Arunachal Pradesh. The project will have three generating units of 62 MW each and…

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THDCIL commissions India’s first variable speed pumped storage unit

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THDC India Limited (THDCIL) has commenced commercial operation of the first unit (250 MW) of the 1,000 MW Tehri Variable Speed Pumped Storage Plant (PSP) in Uttarakhand. This marks India’s first variable speed PSP and the largest such project undertaken by a Central Public Sector Enterprise (CPSE). The plant comprises four reversible pump turbine units of 250 MW each. Once all units are operational, the total installed capacity of the Tehri Hydro Complex will reach…

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CEA workshop outlines roadmap for scaling energy storage with renewables

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At a recent national workshop, the Central Electricity Authority (CEA) convened over 300 stakeholders to discuss how Energy Storage Systems (ESS) can support India’s renewable energy (RE) goals. The first phase of this regional workshop series focused on key policy, project, and technology insights. Key takeaways: Tariff trends show storage is becoming cost-effective SECI shared that Solar+BESS tariffs have dropped to Rs 3.09/unit (from Rs 6.99 in 2018). Standalone BESS tariffs have declined to Rs…

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Maruti Suzuki commissions 30 MWp solar power at Haryana plants

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Maruti Suzuki India Limited (MSIL) has commissioned a total of 30 MWp solar power capacity across its Haryana facilities. This includes a 20 MWp installation at Kharkhoda and a 10 MWp unit at Manesar. Alongside these projects, the company is increasing the share of green power sourced from State Electricity Boards, further reducing its reliance on conventional energy. Mr. Hisashi Takeuchi, Managing Director & CEO of MSIL, confirmed plans to scale solar capacity to 319…