Author: PPD Team Date: November 28, 2025 Prime Minister Narendra Modi has announced that the government will open the nuclear power sector to private participation. The proposal will be introduced through the Atomic Energy Bill, 2025, which is scheduled for the coming winter session of Parliament. The reform is positioned as a step to improve long-term energy security. In a video message, the Prime Minister said the plan is intended to support investment in small…
Author: PPD Team Date: June 30, 2025 SJVN Green Energy Limited (SGEL), a wholly-owned subsidiary of SJVN Limited, has started commercial operations for 80.77 MW capacity under Phase-II of its 1,000 MW solar project in Bikaner, Rajasthan. With this, a total of 400.77 MW has now been commissioned. The project falls under the Central Public Sector Undertaking (CPSU) scheme Phase-II, which targets 12,000 MW of grid-connected solar capacity. It is being developed on a build,…
Author: PPD Team Date: December 11, 2024 The National Committee on Transmission (NCT) has approved the implementation of “Transmission system strengthening to facilitate evacuation of power from Bhadla/Bikaner complex.” The scheme was initially approved under the TBCB route in the 19th meeting of NCT, but due to the lack of sufficient bidders, the scheme has been de-notified from the TBCB route and will now be executed by POWERGRID. The project, estimated at Rs 19.88 billion,…
Author: PPD Team Date: January 3, 2025 Aypa Power, a Blackstone portfolio company, has obtained $190m in financing for its Bypass battery energy storage system (BESS) project in Fort Bend County, Texas. The 200MW/400MWh facility will address the region’s growing energy storage needs. The financing includes a $68m construction-to-term loan, a $91m tax equity bridge loan, and $31m in letters of credit, with $26m allocated for project-specific requirements. Morgan Stanley Renewables committed $94m in tax…
Author: PPD Team Date: April 25, 2025 The State Level Single Window Clearance Authority (SLSWCA) of Odisha has approved investment proposals worth Rs 11.92 billion for renewable energy development. The approved projects will add a cumulative capacity of 149.97 MW in the state. These include two wind power projects with a total capacity of 95.7 MW and two solar power projects with a combined capacity of 53.97 MW. In addition, a 0.6 MWh battery energy…
Author: PPD Team Date: January 22, 2025 Lords Mark Industries Private Limited has secured a contract from the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) to develop 100 MW grid-connected rooftop solar power plants on government buildings. The project will follow the Renewable Energy Service Company (RESCO) model. In July 2024, Lords Mark had won 50 MW of base capacity at a tariff of Rs 4.9 per kWh. In December 2023, UPNEDA invited…