Tata Power completes third tranche for 40 per cent stake in KHPL
Author: PPD Team Date: December 19, 2025
Author: PPD Team Date: December 19, 2025
The Tata Power Company Limited announced on December 18, 2025, that it has completed the third tranche of its investment to acquire a 40 per cent equity stake in Khorlochhu Hydro Power Limited (KHPL). The company invested Rs 64 crore in this tranche, taking its total commitment towards the transaction to approximately Rs 830 crore.
The investment completes Tata Power’s commitment under the previously executed Share Purchase Agreement. With this tranche, Tata Power subscribed to 64,00,000 equity shares of Rs 100 each. This brings its total shareholding to 40 per cent of the issued and paid-up equity capital of KHPL.
The company said the disclosure was made under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 SEBI LODR.Â
Author: PPD Team Date: December 4, 2024 The Joint Venture of Techno Electric and Engineering Company Limited (TEECL) and K. Ramachandra Rao Transmission & Projects Private Limited has secured a Rs 6.16 billion contract for Package H of the Assam Intra-State Transmission System Enhancement Project (Phase I). The project, awarded by Assam Electricity Grid Corporation Limited (AEGCL), involves constructing a 400/220kV, 2×500 MVA GIS substation at Sonapur, along with associated transmission lines. The contract includes…
Author: PPD Team Date: December 12, 2024 NHPC Limited has successfully concluded its tranche VI auction, awarding 1,200 MW of firm and dispatchable renewable energy (FDRE) projects integrated with energy storage systems and connected to the inter-state transmission system (ISTS). The auction also included a greenshoe option of 1,200 MW. Jevargi Solar Power was awarded 150 MW at Rs 4.48 per kWh, while Juniper Green Energy and Avaada Energy secured 200 MW and 600 MW,…
Author: PPD Team Date: August 13, 2025 Tata Power will develop a 700 MW wind farm in Anantapur, Andhra Pradesh. The project will connect to the central grid and generate around 1,840 million units annually. The Rs 6,000 crore project is part of an MoU between Tata Power and the Andhra Pradesh government, signed in March 2025, to develop 7,000 MW of renewable capacity. Suzlon Energy will supply turbines from its upgraded Andhra Pradesh factory,…
Author: PPD Team Date: September 3, 2025 National Aluminium Company (Nalco) has outlined an investment of about Rs 300 billion over the next five years to establish a new aluminium smelter along with a coal-based power plant. The company has allocated around Rs 170–180 billion for the smelter project in Odisha, while approximately Rs 120 billion will be directed toward the power facility. Funding will come from a mix of debt and internal accruals. Nalco…
Author: PPD Team Date: December 23, 2024 Copenhagen Infrastructure Partners (CIP), through its Energy Transition Fund I, has signed a 15-year power purchase agreement (PPA) with Google in the Netherlands. Under this agreement, Google will purchase 250 MW of wind energy from the Zeevonk project to power its Dutch operations. The Zeevonk project, a joint venture between CIP and Vattenfall, combines offshore wind, solar energy, and green hydrogen production. It includes a 2 GW offshore…
Author: PPD Team Date: March 27, 2026 Azad Engineering Limited has signed an eight-year long-term contract and price agreement with Mitsubishi Heavy Industries Limited, Japan, to act as a single source supplier of highly engineered hot-section nozzle vane segments for gas turbine engines, according to a regulatory filing. The agreement marks a shift for the Hyderabad-based precision engineering company from manufacturing compressor-section airfoils and other turbine components to producing critical combustion hot-section turbine nozzle vane…