KEC International, TRIL, and HPL secure major contracts in T&D sector
Author: PPD Team Date: March 21, 2025
Author: PPD Team Date: March 21, 2025
KEC International Limited has won a contract from Power Grid Corporation of India Limited (PGCIL) for the construction of an 800 kV high voltage direct current (HVDC) and 765 kV transmission line. The contract was awarded on March 15, 2025.
Transformers and Rectifiers India Limited (TRIL) has secured a Rs 7.26 billion contract from Gujarat Energy Transmission Corporation Limited (GETCO) for the supply of auto transformers and bus reactors. The contract, awarded on March 17, 2025, is expected to be completed within 18 months.
HPL Electric and Power Limited (HPL) has won a Rs 3.69 billion contract for the supply of smart meters. The project will be executed as per the terms and conditions of the purchase order or supply agreement, contributing to India’s smart grid infrastructure.
Author: PPD Team Date: August 4, 2025 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 change an “existential global predicament” and noted that power generation contributes 8 per…
Author: PPD Team Date: March 26, 2026 Ceigall India Limited has executed power purchase agreements (PPAs) with Maharashtra State Electricity Distribution Company Limited (MSEDCL) for a total solar capacity of 337 MW under the Mukhyamantri Saur Krushi Vahini Yojana 2.0. The agreements were signed on March 24, 2026. Its wholly owned subsidiaries, Ceigall Green Energy MH1 Limited and Ceigall Green Energy MH2 Limited, will develop 190 MW and 147 MW of solar photovoltaic capacity, respectively….
Author: PPD Team Date: September 26, 2025 CESC Limited will raise Rs 300 crore through 30,000 non-convertible debentures (NCDs) via private placement. Each debenture has a face value of Rs 1 lakh, is senior, secured, rated, unlisted, and carries a three-year tenure. The NCDs will offer a floating coupon of 3-month Treasury Bill rate plus 2.30% per annum, paid quarterly. In case of default, an extra 2% per annum applies. Allotment is set for September…
Author: PPD Team Date: December 5, 2025 Uttar Gujarat Vij Company Limited (UGVCL) has directed all circle offices to follow a uniform method for calculating banking charges and energy setoff for captive and third-party sale solar projects. The instruction defines a fixed calculation sequence for net payable units and includes an illustrative example to guide implementation. The directive states that the methodology needs to remain uniform across DISCOMs. It cites the Gujarat Electricity Regulatory Commission…
Author: PPD Team Date: November 8, 2024 ACME Solar Holdings and Hexa Climate Solutions have secured contracts for 400 MW and 300 MW firm and dispatchable renewable energy (FDRE) projects, respectively, as part of a 760 MW bid invited by NTPC. Industry sources report that ACME Solar won its capacity at a tariff of Rs 4.69 per unit, while Hexa Climate Solutions secured 300 MW through a reverse auction. Avaada Energy Pvt Ltd won the…
Author: PPD Team Date: January 27, 2025 JA Solar completes 1 GW delivery for Ulan Buh Desert energy base project JA Solar has successfully delivered high-performance n-type PV modules to the 1 GW photovoltaic project at the Ulan Buh Desert Northeast New Energy Base in China. This energy base is part of a broader 12 GW wind and solar power initiative. The project’s execution using JA Solar’s advanced n-type modules highlights the company’s capacity to…