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BHEL-Hitachi Energy consortium wins Khavda-Nagpur HVDC project
A consortium of Bharat Heavy Electricals (BHEL) and Hitachi Energy India has secured a contract from Power Grid Corporation of India (PGCIL) for the Khavda-Nagpur High Voltage Direct Current (HVDC) transmission project. The contract involves designing and constructing 800kV, 6,000 MW HVDC terminal stations at the Khavda Pooling Station-2 in Gujarat and Nagpur in Maharashtra. …
REC and PFC form SPVs for new RE transmission projects in Karnataka
REC Limited and Power Finance Corporation Limited (PFC) have incorporated wholly-owned subsidiaries to develop transmission infrastructure for additional renewable energy (RE) capacity in Karnataka. Both companies will serve as Bid Process Coordinators (BPCs) under the Tariff Based Competitive Bidding (TBCB) framework. REC Power Development and Consultancy Limited (RECPDCL), a subsidiary of REC, has formed Bellary…
IEEFA urges Rajasthan and Gujarat to refine policies for RE transition
Rajasthan and Gujarat, India’s leaders in renewable energy, are urged to implement policy adjustments to sustain their progress, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). Vibhuti Garg, IEEFA’s director for South Asia, noted that while slower states need to ramp up clean energy efforts, even leading states…
POWERGRID, Resonia and Dilip Buildcon acquire four TBCB transmission SPVs
Four special purpose vehicles (SPVs) associated with power transmission projects changed ownership between May 29 and May 30, 2026, under the tariff-based competitive bidding (TBCB) framework. Power Grid Corporation of India Limited (POWERGRID) acquired Tumkur II RE Transmission Limited (TRETL) from PFC Consulting Limited, a wholly owned subsidiary of PFC, on May 29, 2026, for…
CPCB issues guidelines for solar waste storage and handling
The Central Pollution Control Board (CPCB) has issued the first “Guidelines for Storage and Handling of Waste Solar Photo-Voltaic Modules or Panels or Cells” under the E-Waste (Management) Rules, 2022. Released in March 2026, the guidelines establish a technical framework for environmentally sound handling of end-of-life solar equipment. The guidelines sit within the E-Waste (Management)…
India plans financial aid for struggling state power utilities
India is evaluating a financial assistance plan for debt-laden state-run power distribution companies (DISCOMs) to maintain sector stability amid growing electricity demand, according to a Ministry of Power document cited by Reuters. A ministerial panel has been set up to determine which states require urgent funding, develop a fiscal discipline framework to prevent further debt…
