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ISTS charges for hydro and battery storage projects waived till 2028
By June 11, 2025June 11, 2025

The Ministry of Power (MoP) has announced a full waiver of Inter-State Transmission System (ISTS) charges for Hydro Pumped Storage Projects (PSP) and Battery Energy Storage Systems (BESS), under specific conditions. According to the order issued on June 10, 2025, the waiver will apply to Hydro PSP projects awarded for construction on or before June 30, 2028. The same benefit is extended to co-located BESS projects commissioned by that date, provided the stored power is…

Read More ISTS charges for hydro and battery storage projects waived till 2028
India | News

Ministry of Mines launches dashboard to track auctioned mineral blocks
By June 10, 2025June 10, 2025

The Ministry of Mines (MoM) has launched a mining dashboard, a centralised digital platform to monitor the operational status of auctioned mineral blocks and track statutory clearances nationwide. According to the ministry, the dashboard will improve transparency, efficiency, and accountability in the mineral sector. So far, 500 mineral blocks have been auctioned across 16 states, with 64 blocks already operational. The dashboard is expected to act as a real-time monitoring tool, helping both central and…

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REC gets CBDT nod to issue Rs 50 billion zero coupon bonds
By June 10, 2025June 10, 2025

REC Limited has received approval from the Central Board of Direct Taxes (CBDT), Ministry of Finance, to issue zero coupon bonds worth Rs 50 billion. These bonds will have a tenure of ten years and six months. They will be issued at a deep discount and redeemed at face value upon maturity. The structure offers tax benefits to investors under the Income Tax Act, 1961. REC had previously launched a similar bond issuance in FY…

Read More REC gets CBDT nod to issue Rs 50 billion zero coupon bonds
India | News

Envision to supply WTGs to Purvah Green
By June 10, 2025June 10, 2025

Envision Energy signed a framework agreement with Purvah Green Power Private Limited, a step-down subsidiary of CESC Limited, on June 4, 2025. The agreement covers the supply of wind turbine generators (WTGs) for setting up 1,000 MW of wind power projects across India. The deal includes supply, commissioning, and a 10-year operations and maintenance (O&M) contract for the WTGs. The projects will be installed at multiple locations in India. Earlier this year, on January 9,…

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NHPC starts commercial ops for 53.57 MW solar in Bikaner
By June 10, 2025July 17, 2025

NHPC Limited began commercial operations of 53.57 MW on June 7, 2025, under its 1,000 MW grid-connected solar photovoltaic (PV) power project in Bikaner, Rajasthan. The commissioned capacity is part of a 300 MW plant being developed by Tata Power Solar Systems Limited at Karnisar-Bhatiyan in Bikaner. So far, 160.71 MW of capacity has been commissioned. Under the scheme, usage charges are capped at Rs 2.45 per kWh, as mutually agreed between NHPC and the…

Read More NHPC starts commercial ops for 53.57 MW solar in Bikaner
India | News

NTPC commissions 193 MW at Nokh solar park
By June 10, 2025July 17, 2025

NTPC Limited commissioned 193 MW under the 245 MW Plot-3 of its 735 MW Nokh Ultra Mega Solar Project on June 9, 2025. The project is located in Nokh, Jaisalmer, Rajasthan. With this commissioning, NTPC has brought 438 MW of solar capacity online at the Nokh site. The project is being implemented in three phases, each with a capacity of 245 MW. The full 735 MW capacity forms part of the larger 925 MW Nokh…

Read More NTPC commissions 193 MW at Nokh solar park
India | News

NTPC signs solar PPA with UPPCL, commissions 110.52 MW at Khavda
By June 10, 2025July 17, 2025

NTPC Renewable Energy Limited (NTPC REL), a wholly owned subsidiary of NTPC Limited, signed a power purchase agreement (PPA) with Uttar Pradesh Power Corporation Limited (UPPCL) for 1,000 MW of solar power. The PPA was signed at a tariff of Rs 2.56 per kWh. NTPC REL had secured this capacity in UPPCL’s January 2025 auction for solar photovoltaic projects. Separately, on June 6, 2025, NTPC REL commissioned 110.52 MW of solar capacity under the 1,255…

Read More NTPC signs solar PPA with UPPCL, commissions 110.52 MW at Khavda
India | News

JSW signs wind PPA with Adani, commissions 281 MW hybrid project
By June 10, 2025July 17, 2025

JSW Renew Energy Three Limited, a step-down subsidiary of JSW Energy Limited (JSWEL), signed a 25-year power purchase agreement (PPA) with Adani Electricity Mumbai Limited (AEML) on June 5, 2025. The agreement covers a 250 MW State Transmission Utility (STU)-connected wind power project to be developed in Barshi, Maharashtra. The PPA stems from a bidding process held in March 2024. At the time, bids were invited for 650 MW of wind capacity for AEML’s distribution…

Read More JSW signs wind PPA with Adani, commissions 281 MW hybrid project
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India’s clean energy rise continues, but investment needs remain high
By June 9, 2025June 9, 2025

India is making rapid progress in expanding clean power, with 83% of power sector investment in 2024 going to renewables and a rising share of non-fossil capacity. However, a June 2025 report from the International Energy Agency (IEA), titled “World Energy Investment 2025,” highlights that current policies still fall short of the funding needed to meet long-term goals. While foreign and domestic investment is growing, key risks—like discom payment delays, land issues, and transmission gaps—continue…

Read More India’s clean energy rise continues, but investment needs remain high
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Power Ministry allows ISBs and POIs for transmission bid security
By June 9, 2025June 9, 2025

The Ministry of Power has revised its Standard Bidding Documents (SBDs) for Inter-State Transmission Services. Announced on June 5, 2025, the amendment now permits bidders to submit Insurance Surety Bonds (ISBs) and Payment on Order Instruments (POIs) instead of relying solely on traditional bank guarantees. The revised bid security norms expand the definition of a Bid Bond to include three instruments: unconditional bank guarantees, ISBs issued by IRDAI-authorised insurers, and POIs issued solely by IREDA,…

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