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POWERGRID clears plan to raise Rs 3,800 crore through new bond series
By November 19, 2025November 19, 2025

Power Grid Corporation of India Limited has approved the issuance of its 83rd bond series to raise up to Rs 3,800 crore. The decision was taken by the company’s Committee of Directors for Bonds at a meeting held on November 17 2025. The fundraising will take place through unsecured, non convertible and redeemable bonds issued on a private placement basis. The base issue size is Rs 1,000 crore, and the green shoe option allows retention…

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India | Generation | News

Mahagenco signs MoU with NPCIL for nuclear power projects
By November 19, 2025November 19, 2025

Maharashtra State Power Generation Company (Mahagenco) has signed a memorandum of understanding with Nuclear Power Corporation of India Limited (NPCIL) to jointly develop nuclear power projects in the state. Maharashtra is the first state to partner with the central government under its nuclear based power initiative. The agreement aims to support Maharashtra’s shift toward clean and reliable baseload power. It covers the design, development, and commissioning of a nuclear plant that meets AERB and DAE…

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India | Generation | News

Power Ministry reviews national progress on pumped storage projects
By November 19, 2025November 19, 2025

The Ministry of Power held a meeting of its Parliamentary Consultative Committee in Kurnool district, Andhra Pradesh, to review India’s plans for pumped storage projects. Union Power Minister Manohar Lal led the discussion and highlighted the role of PSPs in storing surplus renewable energy and maintaining grid stability during evening and night hours. The Minister noted that reservoir evaporation is a concern for long term PSP performance. He advised the use of floating solar systems…

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India | News | T&D

PFC sets up SPV for Establishment of 765/400/220 kV AIS Kandalgaon
By November 19, 2025November 19, 2025

Power Finance Corporation Limited has set up a new Special Purpose Vehicle through its wholly owned subsidiary PFC Consulting. The SPV, named Raigad Power Transmission Limited, will support the development of the project titled Establishment of 765/400/220 kV AIS Kandalgaon in Raigad district of Maharashtra. Maharashtra State Electricity Transmission Company appointed PFC Consulting as the Bid Process Coordinator through a Letter of Intent dated August 14, 2025. The SPV will oversee preparatory work such as…

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India | News | Renewable Energy

NGEL commissions first 75.5 MW of Khavda I solar project
By November 19, 2025November 19, 2025

NTPC Green Energy Limited has brought the first 75.5 MW of its 1,255 MW Khavda I Solar PV Project online. The segment entered commercial operation on November 19, 2025. The project is located in Gujarat and is being developed under the CPSU Scheme Phase II, Tranche III. NTPC Renewable Energy Limited, a wholly owned subsidiary of NGEL, is executing the full project. With this commissioning, the installed capacity of the NGEL Group has risen from…

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India | News | Renewable Energy

INOXGFL and KP Group partner to develop 5 GW of renewable projects
By November 19, 2025November 19, 2025

INOXGFL Group companies have signed two separate agreements with the KP Group to jointly build 5 GW of renewable energy capacity across India. The plan covers wind, solar, and hybrid projects and brings together the strengths of both groups in manufacturing, project development, and long-term operations. Inox Wind Limited and KP Energy Limited will work together on 2.5 GW of wind and wind solar hybrid projects. Inox Solar Limited and KPI Green Energy Limited will…

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India | News | T&D

Adani Energy receives LOI for Khavda Phase V transmission project
By November 19, 2025November 19, 2025

Adani Energy Solutions Limited has received a Letter of Intent from PFC Consulting for the project titled “Transmission System for Evacuation of Power from potential renewable energy zone in Khavda area of Gujarat under Phase-V (8GW): Part C.” The award came through Tariff Based Competitive Bidding and supports the evacuation plan for the Khavda renewable energy zone under Phase V. The project involves establishing a 2500 MW, ±500 kV HVDC transmission system between KPS3 (near…

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India | News | Renewable Energy

Jakson begins work on 6 GW integrated solar manufacturing unit in MP
By November 19, 2025November 19, 2025

Jakson Group has started construction on the first phase of its 6 GW integrated solar manufacturing facility in Madhya Pradesh. Chief Minister Dr Mohan Yadav laid the foundation stone for the project, which will cover ingot, wafer, cell, and module production. The first phase will include 3 GW of solar cell capacity and 4 GW of solar module capacity. The company plans to add ingot and wafer lines in later phases to complete backward integration….

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India | News | Renewable Energy

Tata Power commissions NHPC’s 300 MW solar project in Rajasthan
By November 19, 2025November 19, 2025

Tata Power Renewable Energy Limited has completed NHPC Limited’s 450 MWp DC or 300 MW AC solar project at Karnisar Bhatiyan in Bikaner, Rajasthan. The company executed the project as the EPC contractor and has brought it online after two and a half years of work. The project uses DCR compliant modules and reflects a major addition to Rajasthan’s solar portfolio. TPREL developed the plant, and all power is being supplied to PSPCL. Over its…

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Renewable Energy | India | News

GUVNL discovers tariff of up to Rs 1.89 lakh per MW per month in Phase VII BESS tender
By November 19, 2025November 19, 2025

Gujarat Urja Vikas Nigam Ltd has closed its Phase VII tender for 4 GWh of battery storage capacity. The process covered 2 GW with two hours of storage and led to tariffs between Rs 1.85 lakh and Rs 1.89 lakh per MW per month. The auction’s lowest tariff was Rs 1.8539 lakh per MW per month, quoted by Sun Drops Energia, also known as KP Green. The highest winning tariff was Rs 1.89 lakh per…

Read More GUVNL discovers tariff of up to Rs 1.89 lakh per MW per month in Phase VII BESS tender