Author: PPD Team Date: December 17, 2024
GE Power India Limited has received an extended purchase order from Madhya Pradesh Power Generating Company Limited (MPPGCL) to supply boiler parts at the Sanjay Gandhi Power Station.
The order is valued at Rs 182.7 million and is scheduled for execution within 3.5 months.
Author: PPD Team Date: February 2, 2026 NHPC Limited achieved two operational milestones at its 2,000 MW Subansiri Lower Hydroelectric Project in Arunachal Pradesh and Assam during the intervening night of 31 January and 1 February 2026. The first milestone was the synchronisation of the third unit, designated as Unit 1 of 250 MW, with the National Grid at 21:00 hours on 31 January 2026. This was followed by the declaration of the Commercial Operation…
Author: PPD Team Date: March 24, 2025 Bharat Heavy Electricals Limited (BHEL) has secured a major contract from Gujarat State Electricity Corporation Limited (GSECL) for the expansion of the Ukai thermal power station in Tapi district, Gujarat. The company received a letter of intent (LoI) for the engineering, procurement, and construction (EPC) package of the 1×800 MW extension unit 7. The contract, valued at approximately Rs 75 billion, includes the supply, erection, testing, and commissioning…
Author: PPD Team Date: August 1, 2025 Central agencies have cancelled 11,400 MW of renewable energy tenders since April 2023 due to low participation, high tariffs, and withdrawal by end-procurers. Minister of State for New and Renewable Energy Shripad Yesso Naik said SECI, NTPC, NHPC, and SJVN issued the tenders. As of June 2025, these agencies have issued Letters of Award for 43,922 MW, but Power Sale Agreements (PSAs) remain unsigned for much of this…
Author: PPD Team Date: December 22, 2025 Power Grid Corporation of India Limited (POWERGRID) has approved the merger and amalgamation of 13 wholly owned subsidiary special purpose vehicles (SPVs). The decision was taken by the Board of Directors at its meeting held on 20 December 2025 and disclosed to stock exchanges under the Securities and Exchange Board of India Listing Obligations and Disclosure Requirements Regulations, 2015. The approved restructuring involves the merger of 11 subsidiary…
Author: PPD Team Date: January 30, 2026 ACME Solar Holdings Limited said its wholly owned subsidiary, ACME Urja One Private Limited, has signed a Power Purchase Agreement (PPA) with NHPC Limited for a 250 MW firm and dispatchable renewable energy (FDRE) project. The disclosure was made to the stock exchanges on January 29, 2026. The agreement covers a 25-year supply of renewable power. Under the PPA, the tariff has been fixed at Rs 4.33 per…
Author: PPD Team Date: January 6, 2025 Greg Skinner, a private investor, has acquired a 50% share of Ethical Power Group from Hive Energy. As part of the deal, Skinner will provide an additional £15 million working capital loan to support the company’s continued growth. Skinner will also join the Ethical Power Group board. Ethical Power, founded in 2010, is a global renewable energy company that operates across Europe and New Zealand. The company employs…