Assam signs MoU with Hedge5 for 5 MW RTC RE power project
Author: PPD Team Date: March 20, 2025
Author: PPD Team Date: March 20, 2025
The Government of Assam (GoA) has signed a Memorandum of Understanding (MoU) with Hedge5 Manufacturing Solution Private Limited to develop a 5 MW Round-The-Clock (RTC) renewable energy project, integrating solar, wind, and battery energy storage systems (BESS).
The project is expected to be completed by December 2025.
At the “Advantage Assam 2.0 Investment and Infrastructure Summit” on March 3, 2025, the government also signed an MoU with Hindustan Powerprojects Private Limited (HPPPL) for a 100 MW solar power project and a 100 MWh BESS system. The solar and storage projects are estimated to cost Rs 5 billion and Rs 1.2 billion, respectively.
Earlier, on February 28, 2025, the New and Renewable Energy Department of Assam signed an MoU with Oriana Power Limited to develop solar and BESS projects in Kamrup district. The estimated cost of this project is Rs 5 billion.
These agreements reflect Assam’s push toward renewable energy adoption and infrastructure development.
Author: PPD Team Date: January 8, 2025 Sun Drops Energia Private Limited, a wholly-owned subsidiary of KPI Green Energy Limited, has received a Letter of Intent (LoI) for the development of 32.15 MW of solar power projects under the Captive Power Producer (CPP) segment in India. The projects were awarded by various companies, including Aditya Ultra Steel, Suraj Dyeing and Printing, Sunita Processors, and several others. The solar projects are expected to be completed under…
Author: PPD Team Date: January 14, 2025 Bharat Heavy Electricals (BHEL) and Oil & Natural Gas Corporation (ONGC) have signed a memorandum of understanding (MoU) to collaborate on projects in the new and renewable energy sector. The partnership will focus on advanced technologies such as fuel cells, electrolysers, and battery energy storage systems, supporting India’s National Green Hydrogen Mission. The collaboration aims to leverage the expertise of both entities to drive innovations in the clean…
Author: PPD Team Date: November 5, 2025 The Hinduja Group has committed to invest Rs 20,000 crore in Andhra Pradesh in multiple phases after discussions with Chief Minister N. Chandrababu Naidu in London. The investment will focus on expanding power generation, renewable energy capacity, and electric vehicle manufacturing in the state. Naidu met Ashok Hinduja, Chairman of Hinduja Group India; Prakash Hinduja, Chairman of Hinduja Group Europe; and Shom Hinduja, Founder of Hinduja Renewables, to…
Author: PPD Team Date: March 27, 2025 Waaree Renewable Energy Technologies Limited has received a Letter of Award (LoA) worth Rs 2,323 million from Waaree Energies Limited for engineering, procurement, and construction (EPC) works. The contract is for setting up 170 MW/255 MWp capacity under Unit-III of the Neemuch Solar Power Park Project in Madhya Pradesh. The LoA was awarded on March 25, 2025. Waaree Forever Energies Limited, a subsidiary of Waaree Energies, had won…
Author: PPD Team Date: November 4, 2024 Adani Power and Adani Renewable Energy Fifty Five, subsidiaries of the Adani Group, have entered into agreements to supply a combined 6,500 MW of power to the Maharashtra State Electricity Distribution Company Limited (MSEDCL). Adani Power has signed a 25-year Power Supply Agreement (PSA) to provide the state with approximately 1,500 MW of thermal power. Concurrently, Adani Renewable Energy Fifty Five, a wholly-owned subsidiary of Adani Green Energy…
Author: PPD Team Date: November 4, 2025 Rajasthan has cancelled over 100 Kusum-A solar projects after developers failed to sign power purchase agreements (PPAs) within the stipulated timelines. Many of these bidders had initially offered very low tariffs to win contracts, but later withdrew when the projects became financially unviable due to high implementation costs and regulatory uncertainties. The impact has been uneven across districts. Jaipur alone accounted for nearly 70 project cancellations, while Jodhpur…