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BHEL wins Rs 67 billion contract for Singareni Stage-II project
Bharat Heavy Electricals Limited (BHEL) has received a Letter of Intent (LOI) worth Rs 67 billion from Singareni Collieries Company Limited (SCCL) for the engineering, procurement, and construction (EPC) package of the 1×800 MW Singareni Stage-II project, also known as the Adilabad Coal-Based Power Project Stage II. SCCL re-invited bids for the project in March…
ACME wins SECI’s green ammonia auction to supply IFFCO at Kandla
ACME Cleantech Solutions has won Solar Energy Corporation of India’s (SECI) latest green ammonia auction under the Strategic Interventions for Green Hydrogen Transition Programme (Mode-2A–Tranche-I). The company will supply 100,000 tonnes per annum of green ammonia to Indian Farmers Fertiliser Cooperative Limited (IFFCO) at Kandla, Gujarat, for 10 years at a tariff of ₹54.73 per…
NTPC announces winners of 1.2 GW ISTS-connected solar auction; allocates 976 MW
NTPC has released the results of its 1.2 GW ISTS-connected solar projects auction. The winning companies include SAEL Industries, Rays Power Infra, Refex Green, ReNew Solar, and Illuminate Hybren (Mahindra Susten). SAEL secured 300 MW, Rays Power 100 MW, and Refex Green 100 MW, all at a tariff of Rs 2.50 per kWh. ReNew Solar…
MCX gets SEBI nod to launch electricity derivatives contracts
The Multi Commodity Exchange of India Ltd. (MCX) has received approval from the Securities and Exchange Board of India (SEBI) to launch electricity derivatives contracts. This marks a major step in the evolution of energy trading in India. The launch is supported by both SEBI and the Central Electricity Regulatory Commission (CERC), reflecting a strong…
ADB approves USD 460 million loan for Maharashtra’s agricultural solarisation
The Asian Development Bank (ADB) has approved a USD 460 million results-based loan to upgrade Maharashtra’s rural power infrastructure and promote distributed renewable energy. The initiative aims to provide farmers with reliable daytime solar electricity for irrigation, improving agricultural productivity and supporting the state’s clean energy goals. The Maharashtra Power Distribution Enhancement Program (MPDEP) for…
NCT clears Rs 839.55 crore transmission scheme for Sunni and Luhri HEPs
The National Committee on Transmission (NCT) has recommended implementation of the transmission system for evacuation of power from Sunni Dam Hydroelectric Project (HEP) (382 MW) and Luhri Stage-I HEP (210 MW) through the tariff-based competitive bidding (TBCB) route. REC Power Development and Consultancy Limited (RECPDCL) has been designated as bid process coordinator (BPC). The scheme…
