Author: PPD Team Date: October 28, 2024
Insolation Green Energy Private Limited has received a purchase order to supply solar photovoltaic (PV) modules for NTPC’s Khavada site in Gujarat.
The order, valued at Rs 2.08 billion, includes 150 MW of 550 Wp solar PV modules, with execution planned for the fiscal year 2024-25.
Author: PPD Team Date: December 19, 2024 Sembcorp Green Infra (SGIPL), a unit of Sembcorp Industries, has secured a 150 MW solar project with a 300 MWh battery energy storage system (BESS) from Solar Energy Corporation of India (SECI). SGIPL has received the letter of award (LoA) for the project. This marks Sembcorp’s first solar-BESS hybrid project in India, bringing its gross renewable capacity in the country to nearly six GW, including over two GW…
Author: PPD Team Date: October 17, 2024 The Ministry of New and Renewable Energy (MNRE) has clarified that its Approved List of Models and Manufacturers (ALMM) order does not apply to open access and net-metering solar projects that secured approvals before October 1, 2022. According to an official memorandum, this exemption covers projects where the initial application for approvals, such as in-principle approval or no objection certificate, was submitted before the specified date. The application…
Author: PPD Team Date: March 4, 2025 SJVN Limited has awarded a total of 648 MW of renewable energy projects under its Tranche-II and Tranche-III auctions. On February 28, 2025, NLC India Limited (NLCIL) secured a Letter of Award (LoA) for developing 200 MW Inter State Transmission System (ISTS)-connected wind power projects under Tranche-II, quoting a tariff of Rs 3.74 per kWh. The project will be implemented on a build, own, and operate (BOO) basis,…
Author: PPD Team Date: August 5, 2025 The Ministry of Coal has successfully auctioned seven coal blocks under the 12th round of commercial coal mining. The forward e-auctions were held between 28 and 31 July 2025, following the launch of the round on 27 March 2025. Of the seven blocks auctioned, three are fully explored while four are partially explored. Together, they hold an estimated 1,761.49 million tonnes of geological reserves. The cumulative peak rated…
Author: PPD Team Date: January 30, 2026 Major Indian power sector players show mixed Q3 FY26 results, reflecting varied market dynamics. Adani Power Limited posted a decline in performance for the third quarter of FY26. Net profit fell 18.9% year on year to Rs 2,479 crore, compared with Rs 3,057 crore in the same quarter last year. Revenue declined 8.9% to Rs 12,451 crore from Rs 13,671 crore. EBITDA stood at Rs 4,238 crore, down…
Author: PPD Team Date: March 26, 2026 The board of NHPC Ltd has approved a plan to raise up to Rs 8,000 crore during the financial year 2026-27 (FY27). The funds will be mobilised through secured or unsecured non-convertible corporate bonds via private placement, along with term loans or external commercial borrowings, according to a regulatory filing. The decision was taken at the board meeting held on March 25, 2026. The company stated that the…