Goa signs PPA with NTPC for supply from Sipat Stage-III plant
Author: PPD Team Date: July 18, 2025
Author: PPD Team Date: July 18, 2025
The Goa electricity department has signed a power purchase agreement (PPA) with the National Thermal Power Corporation (NTPC) for sourcing power from the Sipat Stage-III power plant in Bilaspur, Chhattisgarh.
Goa does not operate any in-state generation facilities and relies entirely on power purchases from NTPC’s central pool to meet its electricity demand. The deal will allow Goa to draw power from the NTPC plant as part of its central allocation.
The Sipat Stage-III project will add a new 800 MW supercritical unit to the existing thermal power station. In 2024, NTPC awarded a Rs 61 billion engineering, procurement, and construction (EPC) contract for the Sipat Stage-III unit to Bharat Heavy Electricals Ltd (BHEL). With this addition, Sipat’s installed capacity will increase from 2,980 MW to 3,780 MW, with four out of six units operating on supercritical technology. The plant supplies power to multiple states in the western region, including Maharashtra, Goa, Chhattisgarh, Madhya Pradesh, and the union territory of Dadra Nagar Haveli and Daman & Diu.
Author: PPD Team Date: January 20, 2026 Bharat Heavy Electricals Limited (BHEL) has reported a sharp year on year improvement across key financial metrics for the quarter ended December 31, 2025. The unaudited results were approved by the board on January 19, 2026. For Q3 FY 2025–26, BHEL posted standalone revenue from operations of Rs 8,473 crore, up 16.4% from Rs 7,277 crore in the corresponding quarter last year. Net profit for the quarter rose…
Author: PPD Team Date: December 13, 2024 Vestas has announced plans to transition its Isle of Wight factory in the UK from manufacturing offshore turbine blades to onshore blade production. The shift follows an agreement in principle with the UK government and responds to declining demand for V174 offshore turbine blades and site constraints unsuitable for next-generation offshore blades. Vestas will sustain 300 manufacturing jobs at the site while creating additional opportunities across its UK…
Author: PPD Team Date: November 27, 2024 TOYO has signed a $150m solar cells supply contract with a leading solar module manufacturer to support production expansion in India and the United States. The company will utilize its manufacturing facilities in Vietnam and Ethiopia to produce advanced solar cells designed to enhance module efficiency and performance. This partnership strengthens TOYO’s market position and aligns with its commitment to promoting sustainable energy. Chairman and CEO Junsei Ryu…
Author: PPD Team Date: August 1, 2025 SAEL Industries Limited has commissioned a 50 MW ground-mounted solar power plant in Beed, Maharashtra, through its subsidiary Solar RE Power. The project features bifacial TOPCon modules and is backed by a 25-year power purchase agreement with the Maharashtra State Electricity Distribution Company Limited. It is expected to generate over 100 million kilowatt-hours of clean power each year. The plant adds to SAEL’s solar portfolio, which now exceeds…
Author: PPD Team Date: November 21, 2024 President-elect Donald Trump has appointed Chris Wright, a veteran of the US energy sector and CEO of Liberty Energy, as the next energy secretary. Wright is recognised as a pioneer of the American shale revolution, having played a crucial role in advancing hydraulic fracturing technologies that reshaped the global energy landscape. Wright brings decades of experience to the role. He founded and currently serves as the CEO of…
Author: PPD Team Date: January 19, 2026 JSW Energy Limited has announced that its wholly owned subsidiary, JSW Thermal Energy Limited, has signed a contract with associate company Toshiba JSW Power Systems Private Limited for the supply of two 800 MW steam turbine generators. The equipment will be deployed at the 1,600 MW Salboni thermal power project in West Bengal. The contract provides for the manufacturing and supply of the turbine generator packages in line…