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India | Generation | NewsEAC clears Adani’s 1,200 MW pumped storage project in Uttar Pradesh
The Expert Appraisal Committee (EAC) for River Valley and Hydroelectric Projects has recommended granting Terms of Reference (ToR) for the proposed 1,200 MW Cherue Pumped Storage Project in Sonbhadra district, Uttar Pradesh. Adani Hydro Energy Six Limited will develop the project. The recommendation was made at the committee’s 49th meeting in February 2026, allowing the…
Final rules for U.S. clean hydrogen tax credit released
The U.S. Department of the Treasury and Internal Revenue Service (IRS) have issued final regulations for the section 45V Clean Hydrogen Production Tax Credit. Established by the Inflation Reduction Act, the credit is designed to promote clean hydrogen production while meeting strict lifecycle greenhouse gas (GHG) emissions standards. The rules provide flexibility and clarity to…
Sumitomo and CEP Solar to deliver 1.5GW of clean energy projects in Virginia
Sumitomo Corporation, through its Sumitomo Corporation of Americas and Perennial Power Holdings, has partnered with CEP Solar to develop over 1.5GW of solar and battery storage assets in Virginia, US. This joint venture will combine CEP Solar’s local expertise with Sumitomo’s project finance capabilities, accelerating the expansion of renewable energy in the region. Construction is…
SC bars discoms from recovering depreciation on idle assets
The Supreme Court of India has set aside an order of the Appellate Tribunal for Electricity (APTEL), ruling that Tata Power Delhi Distribution Limited (TPDDL) cannot recover depreciation costs for the decommissioned Rithala Combined Cycle Power Plant after it stopped supplying electricity. The judgment restores the 2019 order of the Delhi Electricity Regulatory Commission (DERC)…
PFCCL forms three new SPVs for interstate transmission projects
PFC Consulting Ltd (PFCCL) has incorporated three wholly-owned subsidiaries to act as special purpose vehicles (SPVs) for upcoming interstate transmission system (ISTS) projects. These schemes are being developed under the tariff-based competitive bidding (TBCB) framework. Each SPV will be transferred to the selected transmission service provider after the bidding process. All three projects aim to…
- India | Generation | News
CCI clears Jindal Jhajjar Power’s acquisition of Jhajjar Power Limited
The Competition Commission of India has approved the plan by Jindal Jhajjar Power Limited to acquire 100 per cent shareholding in Jhajjar Power Limited. The transaction involves the full purchase of Jhajjar Power Limited by Jindal Jhajjar Power Limited, a wholly owned subsidiary of Jindal Power Limited. Jindal Power Limited operates in the power sector…
