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Saudi Arabia signs $9.3bn PPAs for 9.2GW power projects
The Saudi Power Procurement Company (SPPC) has signed power purchase agreements (PPAs) for five independent power producer (IPP) projects, totalling 9.2GW in capacity, as reported by Zawya. The projects include thermal and solar photovoltaic (PV) power initiatives, with a combined investment of 35 billion Saudi riyals ($9.3 billion), supporting Saudi Vision 2030 goals for a…
KPI Green raises Rs 670 crore through India’s first externally credit-enhanced green bond
KPI Green Energy Limited has issued India’s first externally credit-enhanced green bond on the National Stock Exchange, raising Rs 6.70 billion. The five-year bond carries an annual coupon of 8.5 per cent and has been rated AA+ by both CRISIL and ICRA. The bond is backed by a 65 per cent partial guarantee from GuarantCo,…
MNRE eases prototype testing rule for wind turbine approvals
The Ministry of New and Renewable Energy (MNRE) has amended its wind manufacturing policy to delay the mandatory requirement for in-country prototype testing. The change, issued through an office memorandum dated December 1, 2025, updates the Standard Operating Procedure for the Approved List of Models and Manufacturers for Wind and Wind Turbine Components. The original…
- India | Generation | News
Power Ministry reviews national progress on pumped storage projects
The Ministry of Power held a meeting of its Parliamentary Consultative Committee in Kurnool district, Andhra Pradesh, to review India’s plans for pumped storage projects. Union Power Minister Manohar Lal led the discussion and highlighted the role of PSPs in storing surplus renewable energy and maintaining grid stability during evening and night hours. The Minister…
NTPC adds 5 MW at Maroda Reservoir-I solar project
NTPC Limited (NTPC) has declared commercial operation of an additional 5 MW at the Maroda Reservoir-I Solar Power Project in Bhilai. The project is being implemented by NTPC-SAIL Power Company Limited (NSPCL), a joint venture of NTPC and Steel Authority of India Limited (SAIL). The capacity addition was completed in January 2026, according to a…
SJVN Green completes trial run of 241.77 MW solar capacity in Bikaner
SJVN Green Energy Limited (SGEL), a subsidiary of SJVN Limited, has completed the trial run of 241.77 MW capacity under Phase-I of its 1,000 MW grid-connected solar PV power project (CPSU Tranche-III) in Bikaner, Rajasthan. The trial was completed on March 31, 2025. The entire 1,000 MW project is being developed by Tata Power Solar…
