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…
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,…
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…
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…
Global energy investment is set to reach USD 3.3 trillion in 2025, up 2% from 2024, according to a report from the International Energy Agency (IEA), World Energy Investment 2025. Around USD 2.2 trillion will go to clean energy, double the USD 1.1 trillion set for fossil fuels. China, Europe, the US, and India drove…
French renewable energy firm Neoen has inaugurated Portugal’s largest solar park, located in Azambuja, 70 km north of Lisbon. The facility began supplying electricity to the grid in late 2024 and is now fully operational. The park includes the 204 MWp Rio Maior and the 68 MWp Torre Bela solar farms, which together will generate…
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…
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…
The Ministry of New and Renewable Energy (MNRE) has released the 39th revision of the Approved List of Models and Manufacturers (ALMM) for solar photovoltaic (PV) modules.  Reliance Industries Limited has officially joined the ALMM list. Its new bifacial hetero-junction monocrystalline silicon (HJT) modules are now registered, with efficiencies reaching up to 23.12%. The listed…
The Multi Commodity Exchange of India Ltd. (MCX) has received approval from the Securities and Exchange Board of India (SEBI) to launch electricity derivatives contracts. This marks a major step in the evolution of energy trading in India. The launch is supported by both SEBI and the Central Electricity Regulatory Commission (CERC), reflecting a strong…