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PFCCL invites bids for consultancy on SR-ER grid strengthening project
PFC Consulting Limited (PFCCL) has issued a tender for the appointment of a technical consultant for surveying and preparing a report for the Inter-Regional Strengthening between Southern Region (SR) Grid and Eastern Region (ER) Grid. The bid invitation was released on May 13, 2025. The deadline for submission is May 20, 2025. PFCCL has been…
CESC awards 600 MW ISTS hybrid capacity at Rs 3.74–3.75/kWh
Calcutta Electric Supply Corporation (CESC) has announced the results of its tender for 600 MW of interstate transmission system (ISTS) connected wind-solar hybrid power projects. The capacity has been awarded to four bidders at tariffs ranging from Rs 3.74 to Rs 3.75 per kWh. According to the tender results, Vismaya Renewables India Project secured 100…
Monthly electricity futures make strong debut on NSE
The National Stock Exchange (NSE) successfully launched its Monthly Electricity Futures (ELECMBL) contracts on 14 July 2025, recording a total turnover of Rs 177.24 crore by the end of the first trading day. More than 8,100 contracts were traded, reflecting strong early interest in India’s newest power market instrument. By 2:00 PM on Monday, over…
Planning application submitted for 2GW Caledonia offshore wind farm in Scotland
Ocean Winds has submitted a planning application to the Scottish government’s Marine Directorate for the 2GW Caledonia offshore wind farm in the outer Moray Firth. This milestone follows three years of extensive development work since the site was awarded through the ScotWind process in 2022. The Caledonia wind farm, located east of the operational Moray…
PFCCL incorporates SPV for Satara pumped storage transmission project
PFC Consulting Limited (PFCCL), a wholly owned subsidiary of Power Finance Corporation Limited (PFC), has incorporated Satara Power Transmission Limited as a wholly owned subsidiary for the implementation of the “Network Expansion Scheme in Western Region to cater to pumped storage potential near Satara (up to 4500 MW) – Part A.” The transmission scheme has…
Jindal Power to acquire Bhadreshwar Vidyut for Rs 5 billion
Jindal Power Limited (JPL) has received a Letter of Intent (LoI) to acquire Bhadreshwar Vidyut Private Limited for Rs 5 billion. The Gujarat-based thermal power company operates the Kutch Coal-Based Power Project and was undergoing a corporate insolvency resolution process (CIRP). Bhadreshwar Vidyut, formerly known as OPG Power Gujarat Private Limited (OPGL), is a subsidiary…
