Power Sector News Roundup for July 15, 2025

Global: UK likely to miss 2035 climate targets: Neso India: Juniper Green and Vibrant Energy commission solar and hybrid projects India to ban foreign access to wind turbine data amid cybersecurity fears Arunachal village agrees to pre-feasibility study for 11,000 MW Siang dam RECPDCL to deploy 3.32 million smart meters in Gujarat Delhi launches Rs 8 crore pilot to shift overhead wires underground Monthly electricity futures make strong debut on NSE Revised green hydrogen mission…

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UK likely to miss 2035 climate targets: Neso

Britain is on track to miss its 2035 climate targets by a wide margin due to insufficient growth in clean electricity supply, according to the National Energy System Operator (Neso). The forecast shows the country falling short of the pace needed to reach its legally binding 2050 net-zero goal. As reported by The Guardian, Neso’s 10-year outlook estimates that the UK will emit 274 million tonnes of carbon dioxide (MtCO₂) in 2035. That is significantly…

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Revised green hydrogen mission to launch pilot clusters and major hubs

The Ministry of New and Renewable Energy (MNRE) has issued revised guidelines for the National Green Hydrogen Mission (NGHM), introducing clearer implementation plans for Hydrogen Valley Innovation Clusters (HVICs) and Green Hydrogen Hubs.  The revised guidelines, which replace the earlier version released in March 2024, integrate four HVIC pilot projects into the larger Hydrogen Hub framework, earmarking Rs 172 crore for their development. HVICs are intended to serve as small-scale testbeds for GH₂ technologies. These…

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Monthly electricity futures make strong debut on NSE

The National Stock Exchange (NSE) successfully launched its Monthly Electricity Futures (ELECMBL) contracts on 14 July 2025, recording a total turnover of Rs 177.24 crore by the end of the first trading day. More than 8,100 contracts were traded, reflecting strong early interest in India’s newest power market instrument. By 2:00 PM on Monday, over 4,000 lots had already been traded, representing more than 200 million units of electricity. The volume-weighted average price stood at…

Electricity Derivatives in India: Interview with Rajendra Abhijeet

  India’s electricity market is undergoing a significant transformation with the introduction of electricity derivatives. In this interview, hosted by Power Peak Digest and published on the YouTube channel Electricity Market in India, Rajendra Abhijeet, a seasoned expert with over 15 years of experience in the power sector, specialising in regulatory and compliance, shares insights on how these financial instruments are reshaping India’s power trading landscape. The discussion explores the mechanics of electricity derivatives, their…

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Delhi launches Rs 8 crore pilot to shift overhead wires underground

The Delhi government has launched a Rs 8.07 crore pilot project in Shalimar Bagh to replace overhead electricity wires with underground cables, The Hindu reported. The initiative is to improve safety and reduce visual clutter across the Capital. The project will remove 5 kilometres of high-tension (HT) and low-tension (LT) overhead wires. These will be replaced with 10 kilometres of underground LT (440V) cables and 1.2 kilometres of HT (11kV) network. The work is expected…

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RECPDCL to deploy 3.32 million smart meters in Gujarat

REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, has signed key agreements for deploying 3.32 million smart prepaid meters in Gujarat under Phase II of the Revamped Distribution Sector Scheme (RDSS). The agreements were signed with Paschim Gujarat Vij Company Limited (PGVCL) and cover both the project implementation agency (PIA) role and distribution development fund support. The project will follow a design, build, finance, own, operate, and transfer (DBFOOT)…

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Arunachal village agrees to pre-feasibility study for 11,000 MW Siang dam

Residents of Riga village in Arunachal Pradesh’s Siang district have given their consent to the state government’s proposal for a pre-feasibility report (PFR) on the Siang Upper Multipurpose Project, reported The Sentinel. The agreement was formalised through a memorandum of understanding signed during a meeting between Chief Minister Pema Khandu and village representatives in Itanagar. The support from Riga is being seen as a breakthrough, given that local opposition has stalled the proposed 11,000 MW…

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India to ban foreign access to wind turbine data amid cybersecurity fears

The Ministry of New and Renewable Energy (MNRE) will soon prohibit the sharing of operational data from Indian wind energy installations with foreign countries. The decision follows recommendations from National Security Advisor (NSA) Ajit Doval and Niti Aayog, reported Moneycontrol. A formal notification is expected within three weeks. The ban is part of a broader ‘cybersecurity clause’ in MNRE’s upcoming directive. Wind energy companies will be required to set up data and research centres within…

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Juniper Green and Vibrant Energy commission solar and hybrid projects

Juniper Green Energy Private Limited has commissioned a 71 MWp solar power project at Chapalgaon village in Solapur district, Maharashtra. The project was developed through its wholly-owned subsidiary, Juniper Green Ray Two Private Limited. It marks the second phase of a larger 217 MWp solar power development at the same site in Akkalkot taluka. The first phase, with a capacity of 145.99 MWp, had already been completed earlier. In parallel, Vibrant Energy has commissioned a…