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NTPC invites EOI for large-scale nuclear power projects in India

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NTPC Limited has invited Expression of Interest (EOI) bids for partnerships in developing large-capacity pressurized water reactor (PWR) nuclear power plants in India.  The bid, announced on March 26, 2025, aims to indigenize PWR technology and establish reactors of 1,000 MW and above, subject to government approval. The last date for bid submission is May 9, 2025. The move aligns with India’s goal of achieving 100 GW of nuclear power capacity by 2047 and reducing…

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Adani Green commissions 396.7 MW at Khavda wind-solar hybrid park

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Adani Green Energy Limited (AGEL) has commenced commercial operations for 396.7 MW of wind and solar power projects under the 30,000 MW Khavda Wind-Solar Hybrid Renewable Energy Power Park in Gujarat’s Rann of Kutch. The projects became operational on March 28, 2025. Three special purpose vehicles (SPVs) of AGEL have commissioned the following capacities: Adani Renewable Energy Fifty Six Limited: 200 MW solar power project. Adani Renewable Energy Forty One Limited: 109.2 MW wind power…

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UPPCL awards 1,000 MW ISTS solar projects to three firms

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Uttar Pradesh Power Corporation Limited (UPPCL) has awarded bids for setting up 1,000 MW of Inter-State Transmission System (ISTS)-connected solar power projects across India. The bidding results were announced on March 28, 2025, with three firms securing contracts under the tariff-based competitive bidding (TBCB) process. ReNew Solar Power Private Limited, a subsidiary of ReNew Power Ventures Private Limited, secured 300 MW at a tariff of Rs 2.56 per kWh. Adani Renewable Energy Holding Twelve Limited,…

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KSEB invites bids under Dyuthi 2.0 scheme

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Kerala State Electricity Board (KSEB) has invited bids for two packages under the Dyuthi 2.0 scheme for upgrading the state’s electricity distribution network.  The tenders, issued on March 25 and March 28, 2025, cover the material supply, erection, testing, and commissioning of low-tension (LT) line works using covered conductor rabbit on a turnkey basis. The last dates for bid submission are April 11 and April 19, 2025, respectively. The projects are expected to be completed…

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NTPC commissions 245 MW at Nokh Ultra Mega Solar Park in Rajasthan

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NTPC Limited has commissioned 245 MW of solar power as part of the 735 MW Nokh Ultra Mega Solar Park Project in Jaisalmer, Rajasthan.  The project became commercially operational from midnight on March 26, 2025, following successful commissioning and regulatory approvals. The Nokh Ultra Mega Solar Park, developed by NTPC under the engineering, procurement, and construction (EPC) model, will have a total capacity of 735 MW, divided into three units of 245 MW each. It…

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Tamil Nadu plans 40 MW wind-solar hybrid project to replace old windmills

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Tamil Nadu Green Energy Corporation Limited (TNGECL) is set to upgrade its renewable energy infrastructure by replacing aging windmills with a new 40 MW wind-solar hybrid power project. The initiative focuses on boosting clean energy generation in the western region of the state. In the first phase, TNGECL has identified 110 old windmills with a combined capacity of 47 MW for replacement. The hybrid project will include 22 MW of wind power and 18 MW…

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Type One Energy unveils physics design basis for fusion pilot plant

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US-based Type One Energy has released the physics design basis for its Infinity Two stellarator fusion power plant, marking a critical step in advancing fusion energy.  The published design, the first of its kind, outlines the operational parameters necessary for a practical fusion pilot plant and provides a foundation for external review and collaboration within the global fusion research community. Infinity Two is being developed for the Tennessee Valley Authority (TVA) utility in the US….

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Major investments drive India’s clean energy and green finance expansion

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India’s transition to clean energy and sustainable financing gained momentum today with three significant developments across the solar, electric vehicle (EV), and renewable power sectors. Luminous Power Technologies partnered with the State Bank of India (SBI) to enhance solar financing access, Shriram Finance Limited secured a $150 million loan from the Asian Development Bank (ADB) to expand EV financing, and Oil and Natural Gas Corporation Limited (ONGC) committed Rs 33 billion to acquire Ayana Renewable…

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REC transfers Mahan Transmission to Adani Energy

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REC Power Distribution Company Limited (REC PDCL) has transferred Mahan Transmission Limited, a special purpose vehicle (SPV), to Adani Energy Solutions Limited (AESL).  The handover, completed on March 26, 2025, follows a tariff-based competitive bidding (TBCB) process for selecting a transmission service provider (TSP). The project will be developed under the build, own, operate, and transfer (BOOT) model. The transmission system will evacuate 1,230 MW of power from the 2×800 MW thermal power project of…

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TPG to acquire majority stake in Siemens Gamesa’s wind business in India

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TPG, a global alternative asset management firm, has agreed to acquire a majority stake in Siemens Gamesa’s onshore wind turbine manufacturing business in India and Sri Lanka. The investment will be made through TPG Rise Climate, the firm’s climate-focused investing platform. This deal marks the first investment under TPG’s Global South Initiative, a private equity strategy launched with ALTÉRRA to scale climate solutions. MAVCO Investments will also take a significant minority stake, while Siemens Gamesa…