Power Mech Projects Limited has secured a Rs 1.86 billion contract from Jaiprakash Power Ventures Limited (JPVL) to provide operation and maintenance (O&M) services for the 2×660 MW Jaypee Nigrie super thermal power plant in Madhya Pradesh.
The contract covers five years, with a first-year value of Rs 31 million per month. From January 2026, a monthly price escalation will apply based on the wholesale price index.
MEIL Solar Energy, a subsidiary of Megha Engineering & Infrastructures Limited (MEIL), has signed power purchase agreements (PPAs) with Bangalore Electricity Supply Company (BESCOM) to supply solar power from 76 projects with a cumulative capacity of 618.1 MW. These projects will operate under Component C of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan…
Gujarat Industries Power Company Limited (GIPCL) has commissioned 25 MW of a 75 MW captive solar photovoltaic (PV) power project at Vastan, Gujarat on April 24, 2025. The full project is being developed by Madhav Infra Projects Private Limited on an engineering, procurement, and construction (EPC) basis. It spans 140 hectares within the mining lease…
The European Commission (EC) has approved a €2.6 billion ($2.7 billion) scheme to support Estonia’s offshore wind energy sector, advancing the country’s goal of achieving net-zero emissions. This initiative, aligned with the Estonian Maritime Spatial Plan, will fund the construction and operation of offshore wind farms through a competitive bidding process. The scheme, part of…
India has an estimated 102.18 GWp of floating solar photovoltaic (PV) potential across its water bodies, according to a report released by Union Minister for New and Renewable Energy Pralhad Joshi. The assessment, prepared by the National Institute of Solar Energy (NISE), identified approximately 1,946 square kilometres of water surface area as suitable for floating…
The Supreme Court has directed key power sector agencies to submit a coordinated plan to reduce carbon emissions from coal-fired power plants, citing the sector’s major role in worsening air quality and climate change. The order came in response to a civil appeal (No. 388/2021) filed by climate activist Ridhima Pandey. The Bench called climate…
The Ministry of Power (MoP) has announced a full waiver of Inter-State Transmission System (ISTS) charges for Hydro Pumped Storage Projects (PSP) and Battery Energy Storage Systems (BESS), under specific conditions. According to the order issued on June 10, 2025, the waiver will apply to Hydro PSP projects awarded for construction on or before June…