CEA clears Upper Indravati pumped storage project in Odisha
Author: PPD Team Date: May 7, 2025
Author: PPD Team Date: May 7, 2025
The Central Electricity Authority (CEA) has granted final approval for the Upper Indravati Pumped Storage Project in Odisha. The 600 MW (4×150 MW) project will be developed by Odisha Hydro Power Corporation Limited (OHPC) at Mukhiguda village in Kalahandi district.
The project involves an estimated investment of Rs 31.6 billion and aims to strengthen grid stability and provide peak power support through energy storage.
OHPC is also preparing detailed project reports (DPRs) for two additional pumped storage projects in the state. These include the 2×160 MW Upper Kolab project in Koraput district, with an estimated investment of Rs 16.1 billion, and the 2×250 MW Balimela project in Malkangiri district, with a proposed investment of Rs 24.13 billion.
These initiatives are part of Odisha’s strategy to expand its energy storage capacity and integrate more renewable power into the grid.
Author: PPD Team Date: January 2, 2025 The Competition Commission of India (CCI) has approved the acquisition of certain shareholding in Fourth Partner Energy Private Limited (Target) by the International Finance Corporation (IFC), Asian Development Bank (ADB), and DEG – Deutsche Investitions – und Entwicklungsgesellschaft mbH (DEG). The proposed investment totals USD 275 million (approx. INR 22.96 billion), with each entity acquiring a percentage of Target’s share capital through primary subscription and secondary purchase. IFC,…
Author: PPD Team Date: April 29, 2025 Diamond Power Infrastructure Limited has received a Letter of Intent (LoI) worth Rs 1,509.86 million from Rajesh Power Services Limited. The order is for supplying cross-linked polyethylene (XLPE) aluminium armored high tension (HT) cables under the Dakshin Gujarat Vij Company Limited (DGVCL) System Improvement (SI) scheme. The LoI was issued on April 28, 2025, as part of Gujarat’s broader SI initiatives aimed at strengthening power infrastructure and improving…
Author: PPD Team Date: February 23, 2026 KPI Green Energy Limited has completed a 92.4 MW wind power project for Ayana Renewable Power Four at Nakhatrana in Bhuj, Gujarat. The company disclosed the milestone in a stock exchange filing on Friday, stating that the project has secured approval from the Central Electricity Authority (CEA). The project comprises 28 wind turbine generators. KPI Green Energy handled the entire scope of work. This included balance of plant…
Author: PPD Team Date: November 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…
Author: PPD Team Date: September 26, 2025 Bharat Heavy Electricals Limited (BHEL) has informed that the Department of Investment and Public Asset Management (DIPAM) did not approve the proposed joint venture (JV) with REC Power Development and Consultancy Limited (RECPDCL). The board communicated this decision in its meeting on September 25, 2025, following a previous clarification issued on May 10, 2025. The JV, initially announced in March 2024, was intended to develop utility-scale renewable energy…
Author: PPD Team Date: February 12, 2025 India and the UK have launched the second phase of the Accelerating Smart Power and Renewable Energy in India (ASPIRE) programme during the Fourth India-UK Energy Dialogue in New Delhi. The initiative aims to enhance technical collaboration for round-the-clock power supply, expand renewable energy adoption, and accelerate industrial energy efficiency and decarbonisation. It will be implemented in partnership with India’s Ministry of Power and Ministry of New and…