Similar Posts
Serentica plans up to $8 billion fundraise to expand clean energy portfolio
Serentica Renewables is planning to raise $6 to $8 billion over the next five years. This capital will fuel acquisitions and new projects, aiming to more than double its operational capacity. According to Chairman Pratik Agarwal, the company’s broader goal is to invest $10-11 billion to scale its portfolio to 17 GW by 2029-2030. Currently…
CEA proposes phased increase in DISCOM fixed charges
The Central Electricity Authority (CEA) has released a report titled “Rationalising Consumer Fixed Charge to Reflect Fixed Cost of DISCOM,” proposing a national framework to restructure retail electricity tariffs and gradually increase the share of fixed charges in consumer electricity bills. The report was prepared following a representation from the All India DISCOMs Association (AIDA)…
NGEL signs MoU with PTC India for renewable power sales
NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited, has signed a Memorandum of Understanding (MoU) with PTC India Limited on March 31, 2026. The agreement aims to explore the sale of renewable energy through bilateral arrangements and other market-based mechanisms. Non-binding framework for future transactions The MoU was signed by Sarit Maheshwari, Chief…
BrightKnight and Hero Future Energies ink deals with NTPC for RE projects
BrightKnight and Hero Future Energies (HFE) have signed 25-year power purchase agreements (PPAs) with NTPC Limited. The agreements, finalized on April 15, 2025, cover the development of a combined 230 MW of Firm and Dispatchable Renewable Energy (FDRE) projects. These projects will be connected through the Inter-State Transmission System (ISTS), offering reliable, renewable energy from…
Substandard solar installations under PM Surya Ghar scheme to face vendor deactivation
The Ministry of New and Renewable Energy (MNRE) has issued a Standard Operating Procedure (SOP) for handling complaints against vendors registered under the PM Surya Ghar: Muft Bijli Yojana (PMSG-MBY). Issued through an Office Memorandum dated June 22, 2026, the SOP establishes a time-bound framework for addressing complaints related to installation quality, safety compliance, consumer…
Apraava Energy signs 300 MW solar PPA with NTPC for Rajasthan project
Apraava Energy has signed a power purchase agreement (PPA) with NTPC Ltd for a 300 MW interstate transmission system (ISTS)-connected solar energy project in Rajasthan. Secured through an e-reverse auction at a tariff of Rs 2.65 per kWh, the project is part of NTPC’s solar tender for setting up 1,500 MW of ISTS-connected solar PV…
