Tata Power Trading Company Limited (TPTCL) has secured a contract from Power Grid Corporation of India Limited (PGCIL) for the sale of power from the 85 MW/105 MWp Nagda Solar Power Project in Madhya Pradesh. Bids for the contract were invited by PGCIL in November 2024. The scope includes selling the power procured from the…
Kalpataru Projects International Limited has received a Letter of Award (LoA) worth Rs 6.55 billion for composite Package-C7 in West Bengal. The contract covers the design, engineering, construction, supply, erection, stringing, testing, and commissioning of three power infrastructure projects. West Bengal State Electricity Transmission Company Limited (WBSETCL) invited bids in March 2024. The scope includes:…
Damodar Valley Corporation (DVC) and Haryana Power Purchase Centre (HPPC) signed a 25-year Power Purchase Agreement (PPA) to supply 800 MW of power from 2028-29 through three thermal power projects (TPPs) in Haryana on January 29, 2025. The bifurcated quantity to be supplied from projects are – 300 MW from Raghunathpur Power Project Phase II:…
Jakson Green Private Limited (JGPL), a wholly owned subsidiary of Jakson Power Private Limited, has partnered with Blueleaf Energy Renewables Private Limited for the joint implementation of 700 MW/1,000 MWp solar power projects in Rajasthan. The projects will require an estimated investment of Rs 34 billion (USD 400 million). JGPL secured: 400 MW under NHPC’s…
Jupiter International has signed a memorandum of understanding (MoU) with the Odisha government to invest Rs 20.05 billion in a solar manufacturing plant. The investment, made through its subsidiary Jupiter Renewables, will set up a facility with a 4.2 GW annual solar cell production capacity and 3.6 GW for modules. The agreement was signed during…
AZAD Engineering Limited has secured a six-year contract with Siemens Energy Global GmbH & Co. KG, valued at €90.1 million. The agreement covers the production of combustion commodities, cold blades, vanes, machined parts, and assemblies for advanced turbine systems. In addition, AZAD Engineering has received an order from Bharat Heavy Electricals Limited (BHEL) for high-complex…
Indonesia is planning to build nuclear power plants with a total capacity of 4.3 GW as part of its cleaner energy strategy and to reduce fossil fuel dependency. The country’s current installed power capacity exceeds 90GW, with more than half sourced from coal and less than 15% from renewables, as reported by Reuters. Indonesia, being…
GE Vernova, an American energy manufacturer, plans to invest nearly $600 million in its US facilities by 2027 to address growing global electricity demands. The investment is for improving energy affordability, national security, and global competitiveness. The investments are part of a $9 billion global capital expenditure and R&D plan announced in December 2024. Key…
The Union Cabinet, chaired by Prime Minister Shri Narendra Modi, has approved the launch of the National Critical Mineral Mission (NCMM) with an expenditure of Rs 163 billion and an expected investment of Rs 180 billion from PSUs and other stakeholders. Aligned with the Atmanirbhar Bharat initiative, the mission aims to strengthen India’s self-reliance in…
Engineers India Limited (EIL) and Power Grid Corporation of India Limited (POWERGRID) have signed a Memorandum of Understanding (MoU) to collaborate on various prospective projects in the fields of offshore wind energy, green hydrogen, energy storage, and data centres. The MoU was signed in the presence of Ms Vartika Shukla, C&MD of EIL, Shri R.K….