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NTPC and MAHAGENCO to acquire Simar Thermal Power project
A consortium of NTPC Limited and Maharashtra State Power Generation Company Ltd has secured approval from the National Company Law Tribunal in Delhi to take over Simar Thermal Power Limited, which is undergoing insolvency proceedings. NTPC confirmed the order in a regulatory filing on November 28, 2025. The acquisition centers on STPL’s 1350 MW coal…
SAEL commissions 1 GWp solar project at Khavda park
SAEL Industries Ltd has commissioned a 1 GWp solar power project with 800 MW alternating current capacity at the Khavda Renewable Energy Park in Gujarat. The project was developed through its subsidiaries, SAEL Solar P4 Private Limited and SAEL Solar P5 Private Limited. The project will supply electricity under 25 year power purchase agreements (PPAs)…
CERC grants interstate trading licence to RECPDCL
The Central Electricity Regulatory Commission (CERC) has granted an interstate trading licence to REC Power Development & Consultancy Ltd (RECPDCL), a wholly-owned subsidiary of REC Ltd. The “Category I” licence allows RECPDCL to engage in interstate electricity trading across India for 25 years. This follows the public notice issued in December 2024, which received no…
NTPC begins commercial operations of 25 MW in Gujarat Solar project
NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited, commenced commercial operations of 25 MW capacity under the 200 MW Gujarat Solar PV Project-Phase XI in Sadla on January 17, 2025. NTPC won the 200 MW capacity bid for GUVNL’s Phase-XI project in December 2020 at a tariff of Rs 1.99 per kWh. The…
JSW commissions 300 MW wind power plant in Tamil Nadu
JSW Renew Energy Two, a subsidiary of JSW Energy, has commissioned the 300 MW wind power plant at Tuticorin, Tamil Nadu. The inter-state transmission system (ISTS) project, awarded by the Solar Energy Corporation of India (SECI) under Tranche-X, is the company’s first greenfield wind power plant for SECI. An additional 150 MW of wind capacity…
Cricket stars Suryakumar Yadav, Tilak Varma invest in solar firm TRUZON
T20 World Cup-winning captain Suryakumar Yadav and cricketer Tilak Varma have taken strategic stakes in TRUZON Solar, a Hyderabad-based solar solutions provider operating under Suntek Energy Systems Pvt. Ltd. The company said the investment adds to its existing group of high-profile backers, which includes Sachin Tendulkar. The investment reflects growing private investor interest in India’s…
