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Adani Green forms new subsidiary for RE projects

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Adani Saur Urja (KA) Limited, a wholly owned subsidiary of Adani Green Energy Limited (AGEL), has incorporated a new entity—Adani Hydro Energy Ten Limited (AHE10L). The new company will support AGEL’s growing renewable energy portfolio across India. AHE10L has been set up to undertake the generation, development, transformation, distribution, transmission, and sale of power from renewable energy sources. These include wind, solar, and other non-fossil fuel-based technologies. The move aligns with Adani Green’s strategy to…

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ADB withdraws Rs 36.5 billion loan for Assam solar project

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The Asian Development Bank (ADB) has withdrawn its loan approval of Rs 36.51 billion (USD 434.25 million) for the 500 MW phase of the Khagarijan Solar Power Project in Assam. The withdrawal comes in response to local protests over the project’s development. ADB had initially approved the loan in October 2024. The project is being implemented by Assam Power Development Company Limited (APDCL) under the “Mukhya Mantri Sauro Shakti Prokolpo” scheme. The full project involves…

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Andhra Pradesh proposes Rs 284 billion green energy corridor

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The Government of Andhra Pradesh has proposed to set up the Andhra Pradesh Green Energy Corridor (GEC) Project at an estimated cost of Rs 284.36 billion. The corridor will facilitate the evacuation of 11,000 MW from renewable energy projects and 7,000 MW from pumped storage projects. This infrastructure is key to meeting the state’s target of generating 72 GW of green energy by 2029. Funding will follow a standard pattern: 40 per cent from the…

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Greenko invites EPC bids for three PSPs; NHPC tenders Dulhasti civil works

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Greenko Energies Private Limited (GEPL) has floated a Notice Inviting Tender (NIT) for engineering, procurement, and construction (EPC) of three pumped storage projects (PSPs). The bids are split across three packages—civil, hydro-mechanical (H&M), and electro-mechanical (E&M) works. The last date for submission is June 20, 2025. The three PSPs are: Greenko GJ01 (1,600 MW) Located in Ukai village, Tapi district, Gujarat. Greenko MH01 (2,000 MW) Planned at Nayagaon village, Soegaon taluk, Aurangabad district, Maharashtra. Greenko…

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PGCIL acquires SPV for Mahan Energen transmission project

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Power Grid Corporation of India Limited (POWERGRID) has completed the acquisition of MEL Power Transmission Limited (MPTL), a special purpose vehicle set up for the transmission system linked to Mahan Energen Limited’s power station in Madhya Pradesh. The acquisition was finalised on June 4, 2025. MPTL was initially incorporated by PFC Consulting Limited (PFCCL) on November 20, 2024, to implement the transmission scheme through the Tariff-Based Competitive Bidding (TBCB) route. PFCCL served as the bid…

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Centre clears Himachal’s takeover of four hydro projects

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The Union Government has granted in-principle approval for Himachal Pradesh to take over four hydroelectric projects earlier allocated to SJVN Limited and NHPC Limited. This move is set to reshape the state’s control over key hydro power assets. The projects include: Luhri Hydro Electric Project Stage I Located near Nirath village, this project involves building an 86-metre-high concrete gravity dam across the Satluj River. It has an installed capacity of 210 MW and an estimated…

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PGCIL commissions Kathalguri–Namsai line

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Power Grid Corporation of India Limited (PGCIL) has commissioned the Kathalguri (NEEPCO)–Namsai (POWERGRID) 220 kV double-circuit transmission line. The line is part of the System Strengthening Scheme for Eastern and North Eastern Regions and spans across Arunachal Pradesh and Assam. The project is being executed under two schemes: Eastern Region Strengthening Scheme-XXV (ERSS-XXV) Implemented at Banka in Bihar, this involves: Creation of a 220 kV GIS bus at Banka (POWERGRID) substation Extension of 400 kV…

Power Sector News Roundup for June 4, 2025

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Global: Waaree Solar signs $176 million deal to supply 586 MW modules in US India: AERB clears site for 2,800 MW Mahi Banswara nuclear project in Rajasthan NHPC invites bids for H&M works of Uri-I Stage II hydro project RR Kabel commissions 10.2 MW wind-solar hybrid project in Gujarat NABARD to fund Rs 12.17 billion loan for 300 MW Khavda solar project Waaree secures contract for 300 MW solar project in Rajasthan NHPC REL re-invites…