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MoP issues competitive bidding guidelines for pumped storage procurement
The Ministry of Power has introduced tariff-based competitive bidding guidelines for procuring stored energy from existing, under-construction, or new Pumped Storage Projects (PSP). As per the National Electricity Plan 2023, India will require 74 GW/411 GWh of energy storage systems by 2031-32, including 27 GW/175 GWh from PSP and 47 GW/236 GWh from Battery Energy…
Sany Wind secures wind turbine orders from JSW Group and Sembcorp
Sany Wind Energy India has signed agreements to supply wind turbines with a total capacity exceeding 1.3 GW to three subsidiaries of the JSW Group. Additionally, a 300 MW deal has been finalized with Sembcorp’s India branch, a subsidiary of Singapore’s state-owned energy company. While financial details and specific project locations remain undisclosed, these partnerships…
DVC, HPPC sign PPA for 800 MW power from three thermal projects
Damodar Valley Corporation (DVC) and Haryana Power Purchase Centre (HPPC) signed a 25-year Power Purchase Agreement (PPA) to supply 800 MW of power from 2028-29 through three thermal power projects (TPPs) in Haryana on January 29, 2025. The bifurcated quantity to be supplied from projects are – 300 MW from Raghunathpur Power Project Phase II:…
Adani Green Energy forms new subsidiary for renewable power generation
Adani Green Energy Limited has set up a new step-down subsidiary, Adani Ecogen Three Limited, to focus on renewable power generation. The company disclosed the development in a stock exchange filing on 22 September 2025. According to the filing, the subsidiary was incorporated by Adani Renewable Energy Holding Eleven Limited, a wholly-owned arm of Adani…
Premier Energies approves renewable EPC JV
Premier Energies Limited has approved the formation of a new joint venture focused on renewable energy engineering, procurement, and construction (EPC) projects. The decisions were taken at a meeting of the Board of Directors held on February 9, 2026. The board cleared an investment in HeliosAnthos Energies Private Limited to form a 51:49 joint venture…
Toyota Tsusho expands Gulf of Suez Wind Farm II to 654 MW capacity
Toyota Tsusho Corporation, alongside Eurus Energy, Engie S.A., and Orascom Construction PLC, has announced an expansion of the Gulf of Suez Wind Farm II in Egypt, increasing its capacity from 504 MW to 654 MW. This development will make it the largest wind farm in Africa by installed capacity, aligning with Egypt’s goal to generate…
