Author: PPD Team Date: 10/02/2025
ACME Solar Holdings Private Limited has signed an agreement with Grew Energy Private Limited to develop a solar power project in Bikaner, Rajasthan.
The project will utilize GREW Solar’s Topcon solar modules, manufactured at its 3 GW facility near Dudu, Jaipur. Both companies aim to expand their collaboration in the renewable energy sector.
Author: PPD Team Date: 21/10/2024 Bihar State Power Generation Company (BSPGCL) has issued a tender for procuring solar power from grid-connected solar PV projects ranging from 2 MW to 20 MW in Patna. The project, designed as a ground-mounted installation with a raised structure over ponds, will be constructed under the RESCO mode for a total capacity of 20 MW. The contract is valued at Rs 1 billion, and the deadline for bid submission is…
Author: PPD Team Date: 08/01/2025 The Competition Commission of India has approved Gentari Renewables India’s acquisition of 21 special purpose vehicles (SPVs) and holding companies engaged in solar and wind power generation and sales. Gentari Renewables India, a subsidiary of Petroliam Nasional Berhad (Petronas), is focused on providing clean energy solutions, including renewable energy, hydrogen, and green mobility. In December 2024, Gentari signed a power purchase agreement with AM Green Ammonia India to supply 650…
Author: PPD Team Date: 26/05/2025 The Ministry of Power (MoP) and the Bureau of Energy Efficiency (BEE) have issued fresh directives to ensure compliance with the Renewable Consumption Obligations (RCO) framework. This applies to designated consumers, including captive power plants (CPPs) and open access (OA) users. The RCO system stems from amendments made to the Energy Conservation Act, 2001 in 2022. It replaces older Renewable Purchase Obligation (RPO) guidelines and mandates a rising share of…
Author: PPD Team Date: 24/02/2025 A total of five firms have been shortlisted as technically qualified for the selection of transmission service providers (TSP) through the tariff-based competitive bidding (TBCB) process on a build, own, operate, and transfer (BOOT) basis for the Transmission System for Integration of Kurnool-IV Renewable Energy Zone (REZ) – Phase-I (4.5 GW). The shortlisted firms are Power Grid Corporation of India Limited (PGCIL), Resonia Limited (formerly Sterlite Grid 32 Limited), Tata…
Author: PPD Team Date: 31/12/2024 Servotech Renewable Power System Limited has secured an order to install 1,094 grid-connected solar-powered agriculture pumps under the PM KUSUM Scheme’s Component C-1. The Uttar Pradesh New and Renewable Energy Development Authority (UPNEDA) awarded the project, valued at approximately Rs 310 million. The project includes manufacturing, supply, installation, testing, and commissioning of solar pumps, along with solar power plants. Servotech will also provide a five-year warranty and maintenance service. The…
Author: PPD Team Date: 07/05/2025 Hero Future Energies (HFE) has signed a 25-year power purchase agreement (PPA) with the Solar Energy Corporation of India (SECI) for setting up 270 MW of Inter-State Transmission System (ISTS)-connected solar power projects. The project will also include a 135 MW/540 MWh energy storage system (ESS) under Tranche-XVII, marking a significant step in India’s renewable energy efforts. In December 2024, HFE won the bid for the project by quoting a…
Author: PPD Team Date: 21/10/2024 Bihar State Power Generation Company (BSPGCL) has issued a tender for procuring solar power from grid-connected solar PV projects ranging from 2 MW to 20 MW in Patna. The project, designed as a ground-mounted installation with a raised structure over ponds, will be constructed under the RESCO mode for a total capacity of 20 MW. The contract is valued at Rs 1 billion, and the deadline for bid submission is…
Author: PPD Team Date: 08/01/2025 The Competition Commission of India has approved Gentari Renewables India’s acquisition of 21 special purpose vehicles (SPVs) and holding companies engaged in solar and wind power generation and sales. Gentari Renewables India, a subsidiary of Petroliam Nasional Berhad (Petronas), is focused on providing clean energy solutions, including renewable energy, hydrogen, and green mobility. In December 2024, Gentari signed a power purchase agreement with AM Green Ammonia India to supply 650…
Author: PPD Team Date: 26/05/2025 The Ministry of Power (MoP) and the Bureau of Energy Efficiency (BEE) have issued fresh directives to ensure compliance with the Renewable Consumption Obligations (RCO) framework. This applies to designated consumers, including captive power plants (CPPs) and open access (OA) users. The RCO system stems from amendments made to the Energy Conservation Act, 2001 in 2022. It replaces older Renewable Purchase Obligation (RPO) guidelines and mandates a rising share of…
Author: PPD Team Date: 24/02/2025 A total of five firms have been shortlisted as technically qualified for the selection of transmission service providers (TSP) through the tariff-based competitive bidding (TBCB) process on a build, own, operate, and transfer (BOOT) basis for the Transmission System for Integration of Kurnool-IV Renewable Energy Zone (REZ) – Phase-I (4.5 GW). The shortlisted firms are Power Grid Corporation of India Limited (PGCIL), Resonia Limited (formerly Sterlite Grid 32 Limited), Tata…
Author: PPD Team Date: 31/12/2024 Servotech Renewable Power System Limited has secured an order to install 1,094 grid-connected solar-powered agriculture pumps under the PM KUSUM Scheme’s Component C-1. The Uttar Pradesh New and Renewable Energy Development Authority (UPNEDA) awarded the project, valued at approximately Rs 310 million. The project includes manufacturing, supply, installation, testing, and commissioning of solar pumps, along with solar power plants. Servotech will also provide a five-year warranty and maintenance service. The…
Author: PPD Team Date: 07/05/2025 Hero Future Energies (HFE) has signed a 25-year power purchase agreement (PPA) with the Solar Energy Corporation of India (SECI) for setting up 270 MW of Inter-State Transmission System (ISTS)-connected solar power projects. The project will also include a 135 MW/540 MWh energy storage system (ESS) under Tranche-XVII, marking a significant step in India’s renewable energy efforts. In December 2024, HFE won the bid for the project by quoting a…
Author: PPD Team Date: 21/10/2024 Bihar State Power Generation Company (BSPGCL) has issued a tender for procuring solar power from grid-connected solar PV projects ranging from 2 MW to 20 MW in Patna. The project, designed as a ground-mounted installation with a raised structure over ponds, will be constructed under the RESCO mode for a total capacity of 20 MW. The contract is valued at Rs 1 billion, and the deadline for bid submission is…
Author: PPD Team Date: 08/01/2025 The Competition Commission of India has approved Gentari Renewables India’s acquisition of 21 special purpose vehicles (SPVs) and holding companies engaged in solar and wind power generation and sales. Gentari Renewables India, a subsidiary of Petroliam Nasional Berhad (Petronas), is focused on providing clean energy solutions, including renewable energy, hydrogen, and green mobility. In December 2024, Gentari signed a power purchase agreement with AM Green Ammonia India to supply 650…