Power Sector News Roundup for June 16, 2025

Global: Meta backs 150MW geothermal project in New Mexico India: Union Ministers review nuclear and wind energy goals Torrent Green wins 300 MW wind project from SECI SECI, NHPC, BHEL and TNGECL launch fresh bids for solar projects CIL forms JV with RRVUNL to develop renewable projects PGCIL to merge 17 TBCB subsidiaries into two entities SCCL re-invites bids for Rs 72 billion loan for Adilabad Stage II Associated Power and Cabcon win contracts for…

|

Meta backs 150MW geothermal project in New Mexico

Meta has signed a deal with XGS Energy to develop a 150 megawatt (MW) geothermal project in New Mexico. The project will support Meta’s growing energy needs, especially as it expands its data centre and AI infrastructure in the state. The geothermal energy will be delivered through the PNM (Public Service Company of New Mexico) electric grid. The project will roll out in two phases, both expected to be online by 2030. XGS Energy is…

|

Union Ministers review nuclear and wind energy goals

Union Minister for Power, Shri Manohar Lal, visited the Gorakhpur Haryana Anu Vidyut Pariyojana (GHAVP). This nuclear project, being developed by Nuclear Power Corporation of India Limited (NPCIL), will host four Pressurised Heavy Water Reactors (PHWRs) of 700 MWe each. The minister reviewed the construction progress and milestones. Unit 1 of GHAVP is scheduled for its first concrete pour by October 2025. Its first criticality is planned for June 2030, with commercial operations expected to…

|

Torrent Green wins 300 MW wind project from SECI

Torrent Green Energy Private Limited (TGEPL), a wholly-owned subsidiary of Torrent Power Limited (TPL), has secured two Letters of Award (LoAs) from Solar Energy Corporation of India (SECI) for developing a total of 300 MW Inter-State Transmission System (ISTS) connected wind power projects. The awards were issued on June 11, 2025, following a tariff-based competitive bidding (TBCB) process under Tranche-XVIII. TGEPL quoted a tariff of Rs 3.97 per kWh. SECI had invited bids for the…

|

SECI, NHPC, BHEL and TNGECL launch fresh bids for solar projects

The Solar Energy Corporation of India (SECI) has invited bids under the Request for Selection (RfS) process to select solar power developers (SPDs) for setting up 2,000 MW of ISTS-connected solar power projects, along with 1,000 MW/4,000 MWh energy storage systems (ESS), under Tranche-XX. The bid was issued on June 12, 2025, and the last date for submission is July 24, 2025. The projects will be set up on a build, own and operate (BOO)…

|

CIL forms JV with RRVUNL to develop renewable projects

CIL India Limited (CIL) has incorporated a new joint venture company, CIL Rajasthan Akshay Urja Limited, on June 12, 2025, to develop renewable energy projects in Rajasthan. The joint venture has been formed under a Joint Venture Agreement (JVA) signed between CIL and Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL). The JV company will focus on developing, constructing, and operating solar power projects (SPPs), pumped storage projects (PSPs), and wind power projects. It may also…

|

PGCIL to merge 17 TBCB subsidiaries into two entities

Power Grid Corporation of India Limited (PGCIL) has proposed the merger of 17 Inter-State Transmission System (ISTS) subsidiaries, set up under the Tariff Based Competitive Bidding (TBCB) route, into two existing TBCB subsidiaries. Under Part 1 of the plan, five subsidiaries will be amalgamated into Vataman Transmission Limited. These include: Bhadla III Transmission Limited Ramgarh II Transmission Limited Beawar Dausa Transmission Limited Bikaner III Neemrana Transmission Limited Sikar Khetri Transmission Limited (SKTL) Under Part 2,…

|

SCCL re-invites bids for Rs 72 billion loan for Adilabad Stage II

Singareni Collieries Company Limited (SCCL) has re-invited Expressions of Interest (EoI) for raising a rupee term loan of up to Rs 72,000 million. The funds will be used for debt financing of the Adilabad Coal-Based Power Project Stage II. The EoI was issued on June 11, 2025. Interested lenders can submit bids by July 7, 2025. SCCL had earlier invited bids for the same in April 2025. The project involves expansion of the existing 1,200…

|

Associated Power and Cabcon win contracts for Talcher transmission line

Associated Power Structures Private Limited has secured a contract worth Rs 1,502.21 million for the transmission line tower package TW01. The project involves the construction of a 400 kV double-circuit (D/C) line using twin ACSR (Aluminium Conductor Steel Reinforced) Moose conductors. It will connect the upcoming Talcher Thermal Power Project (Stage III) to the Pandiabili substation. Power Grid Corporation of India Limited (PGCIL) invited bids for this package in September 2024. The new transmission line…