CEA issues procedure for captive unit identification by SPVs for 2025-26
Author: PPD Team Date: September 12, 2025
Author: PPD Team Date: September 12, 2025
The Central Electricity Authority (CEA) has issued a circular detailing the procedure for Special Purpose Vehicles (SPVs) to formally identify generating units designated for captive use. The notification is mandatory for entities seeking captive status verification for the financial year 2025-26.
According to the circular, SPVs that own a generating station and wish to verify its captive status must provide the details of the identified captive units. This communication has to be sent to the Verifying Authority, the concerned Distribution Licensee, and the relevant Regional Load Despatch Centre (RLDC) or State Load Despatch Centre (SLDC).
The notification must be submitted in a prescribed format. The details required include the name and address of the plant and the SPV, the type and total capacity of the plant, its grid connection point, and the Discoms where the captive users are located.
A tabulated section has been provided for listing each unit’s name and capacity. The circular also specifies that authenticated generation data for the identified units will be required during the verification process.
Author: PPD Team Date: November 6, 2024 A consortium of Westinghouse Electric Company and South Korea’s Hyundai Engineering & Construction has secured an engineering services contract with Bulgaria’s Kozloduy NPP-Newbuild. This contract advances the project beyond the front-end engineering and design phase towards the construction of two AP1000 nuclear reactors at the Kozloduy site. The AP1000, a Generation III+ reactor known for its passive safety systems and modular design, will play a central role in…
Author: PPD Team Date: December 5, 2024 Centrica, in partnership with EDF, has announced the extension of the operational lives of its four advanced gas-cooled reactor nuclear power stations. Heysham 1 and Hartlepool will now operate until March 2027, while Heysham 2 and Torness will continue until March 2030. These extensions will add 9TWh to Centrica’s electricity generation capacity between 2026 and 2030, supporting the UK’s baseload power generation. The decision follows a comprehensive review…
Author: PPD Team Date: January 9, 2026 Power Mech Projects Limited (PMPL) has announced that its wholly owned subsidiary, PM Green Private Limited, has secured a battery energy storage contract from West Bengal State Electricity Distribution Company Limited (WBSEDCL). The contract is for setting up a 250 MW / 1,000 MWh standalone Battery Energy Storage System (BESS) at Goaltore in Paschim Medinipur, West Bengal. The project will be implemented under a Build Own Operate (BOO)…
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: January 17, 2025 Japan Bank for International Cooperation (JBIC) has signed an agreement with Power Finance Corporation Limited (PFC) to finance renewable energy projects in India. Under the agreement, JBIC and PFC will establish a credit line of Rs 66.73 billion (120 billion JPY), with JBIC contributing Rs 40.04 billion (72 billion JPY). This initiative is part of JBIC’s GREEN (Global action for Reconciling Economic growth and Environmental preservation) operations. The…
Author: PPD Team Date: August 25, 2025 Power Finance Corporation Ltd (PFC) has announced the incorporation of SR and ER Power Transmission Limited as a wholly owned subsidiary of PFC Consulting Ltd, according to its stock exchange filing dated August 22, 2025. The special-purpose vehicle has been created for the development of the “Inter-Regional Strengthening between SR Grid and ER Grid” project. The scheme has an estimated cost of Rs 27.1 billion. The Ministry of…