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JSW signs PPA with NHPC for 300 MW hybrid project
Energizent Power Private Limited, a step-down subsidiary of JSW Energy Limited, signed a 25-year power purchase agreement (PPA) with NHPC Limited on June 25, 2025. The agreement covers a 300 MW wind-solar hybrid power project to be developed in Rajasthan and Andhra Pradesh. The project was originally awarded in February 2024 to Energizent Power, then…
PFC sets up SPV for Establishment of 765/400/220 kV AIS Kandalgaon
Power Finance Corporation Limited has set up a new Special Purpose Vehicle through its wholly owned subsidiary PFC Consulting. The SPV, named Raigad Power Transmission Limited, will support the development of the project titled Establishment of 765/400/220 kV AIS Kandalgaon in Raigad district of Maharashtra. Maharashtra State Electricity Transmission Company appointed PFC Consulting as the…
MoEFCC proposes GEI targets for carbon market compliance
The Ministry of Environment, Forest and Climate Change (MoEFCC) has released a draft notification on 23 June 2025, setting greenhouse gas emission intensity (GEI) targets for 118 industrial units. These targets are part of the compliance mechanism under the Carbon Credit Trading Scheme, 2023. The notification outlines how obligated entities—mainly from the aluminium and steel…
India curtailed 2.1 TWh of renewable energy in FY26: Ember
India curtailed 2.1 TWh of renewable electricity during FY 2025-26 as coal-fired power plants reached their minimum technical operating levels during periods of high solar generation, according to a new analysis by Ember. The curtailed energy represents an estimated Rs 629 crore in foregone revenue and highlights growing challenges in integrating rising volumes of renewable…
India | Generation | NewsPatel Engineering L1 for Rs 1,593 crore Lower Arun hydro package
Patel Engineering Limited has been declared the lowest bidder (L1) for a contract valued at Rs 1,593.08 crore for the 669 MW Lower Arun Hydropower Project in Nepal. The contract has been issued by SJVN Lower Arun Power Development Company (P) Limited, a subsidiary of SJVN. According to a regulatory filing, the company received intimation…
REC PDCL incorporates SPV for pumped storage evacuation in Uttar Pradesh
REC Power Distribution Company Limited (REC PDCL) has incorporated a new special purpose vehicle (SPV) named Robertsganj Power Transmission Limited. The SPV will be responsible for the Transmission system for evacuation of power from Pumped Storage Projects in Sonbhadra district, Uttar Pradesh. The incorporation took place on May 29, 2025. REC PDCL has been appointed…
