Similar Posts
Bluspring to acquire STEAG India, adding 7 GW O&M portfolio
Bluspring Enterprises Limited has agreed to acquire 100% of STEAG Energy Services India Private Limited, expanding its presence in power sector operations and maintenance (O&M). The transaction will add nearly 7 GW of managed assets and close to 2,000 specialists to Bluspring’s portfolio. The acquisition will be carried out through Bluspring’s wholly owned subsidiary, Bluspring…
Nigeria cuts electricity subsidy burden by 35% after tariff hike
Nigeria has reduced its electricity subsidies by 35% following a targeted tariff hike for high-use consumers, according to Power Minister Adebayo Adelabu. Previously, the government was spending nearly N200 billion ($125 million) monthly to keep tariffs low. In 2023, it removed subsidies for the top 15% of consumers, mainly high-usage households and businesses, helping the…
SJVN reports 13,302 MU generation in FY2025-26
SJVN Limited reported a total power generation of 13,302 million units (MU) from its operational stations in FY2025-26, with multiple projects recording peak or near-peak annual output. The 412 MW Rampur Hydro Power Station achieved its highest-ever annual generation of 2,108.034 MU, exceeding the 2,100 MU mark for the first time in its eleven-year operating…
Centre pushes eastern states to plan one nuclear plant per state
At the Regional Conference for the Eastern Region States/ UTs in Patna on 24 June, Union Power Minister Manohar Lal urged eastern states to tie up generation capacity, push renewable energy with storage, and plan for at least one nuclear plant per state. States were asked to resolve issues delaying intra-state transmission, including Right of…
NTPC signs PPA with Indian Army for solar-hydrogen microgrid in Ladakh
NTPC Limited has signed a Power Purchase Agreement (PPA) with the Indian Army for the sale of 200 kW round-the-clock renewable energy from a solar-hydrogen-based microgrid in Chushul, Ladakh. The 25-year agreement aims to enhance energy security in remote defence installations and reduce reliance on fuel transportation in challenging terrains. The solar-hydrogen microgrid will replace…
Seven firms win BSPGCL’s 125 MW/500 MWh BESS auction
Bihar State Power Generation Company Limited (BSPGCL) has announced the results of its tender for 125 MW/500 MWh standalone battery energy storage systems (BESS). The auction awarded the full capacity at a uniform tariff of Rs 444,000 per MW per month. The awarded capacities are as follows: Barbrik Projects: 37.5 MW/150 MWh ProstarM Info…
