Power Sector News Roundup for August 21, 2025

Author: PPD Team Date: March 12, 2026 Hygge Energy partners Atria Renewable for P2P rooftop solar trading in Bengaluru Hygge Energy has partnered with Atria Renewable to expand peer-to-peer (P2P) rooftop solar trading in Bengaluru using Hygge’s blockchain and artificial intelligence (AI)-enabled energy trading platform within the regulatory framework of the Karnataka Electricity Regulatory Commission (KERC). Atria Renewable will act as a preferred installation partner on the platform, with both companies sharing consumer data and…

Author: PPD Team Date: January 31, 2026 India JSW Neo Energy completes Tidong hydro acquisition JSW Neo Energy Limited has completed the acquisition of Tidong Power Generation Private Limited from Statkraft IH Holding AS on January 29, 2026. The transaction was valued at approximately Rs 1,728 crore and closed after regulatory approvals. Tidong Power is developing a 150 MW run of river hydro project in the Tidong Valley in Himachal Pradesh, scheduled for commissioning in…

Author: PPD Team Date: November 4, 2025 India 93 GW renewable backlog triggers government action on unsigned PPAs and PSAs The Ministry of Power has instructed Renewable Energy Implementing Agencies (REIAs) to close or cancel pending renewable energy bids and Letters of Award (LoAs) by November 30, 2025, where Power Purchase Agreements (PPAs) or Power Sale Agreements (PSAs) cannot be signed. The move follows a review chaired by Secretary (Power) Pankaj Agarwal on October 17,…

Author: PPD Team Date: December 11, 2025 India ACME Solar appoints new EPC president ACME Solar Holdings Limited has appointed KR Thiyagarajan as President of its EPC division. He will report to the Chief Executive Officer, and Harjinder Kamboj will now report to him. Thiyagarajan brings more than 35 years of experience and will lead project execution and technology integration. The company said the changes support its plan to reach 10 GW by 2030. Waaree…