MSEDCL awards 5 GW solar power contract to Adani Power
Author: PPD Team Date: September 19, 2024
Author: PPD Team Date: September 19, 2024
Maharashtra State Electricity Distribution Company (MSEDCL) has issued a letter of intent (LoI) to Adani Power (APL) for the supply of 5,000 MW of solar power to Maharashtra. This follows Adani Group’s successful bid to supply a total of 6,600 MW, including 5,000 MW of solar power and 1,600 MW of thermal power.
Adani Green Energy (AGEL) will enter into a long-term power purchase agreement (PPA) with MSEDCL to provide solar energy from the world’s largest renewable energy park in Khavda, Kutch, Gujarat. Additionally, APL will sign a long-term PSA for the supply of 1,496 MW of thermal power from a 1,600 MW Ultra-supercritical thermal power plant in Maharashtra.
Author: PPD Team Date: January 12, 2026 Oriana Power Limited (Oriana Power) has approved a Rs 75 crore fundraising plan through a private placement of debentures. The decision was taken at a meeting of the Board of Directors held on 5 January 2026. The funds are intended to support the company’s expanding project pipeline, including recently secured solar and energy storage contracts. The company plans to issue 7,500 rated, unlisted, senior, secured, redeemable, transferable, non-convertible…
Author: PPD Team Date: July 11, 2025 The Department of Atomic Energy (DAE) has finalised tariff norms for nuclear power projects for the five years beginning FY23. The return on equity remains fixed at 15.5 per cent, in line with norms for thermal plants. Plants commissioned before April 1, 2022, will follow a constant 15.5 per cent RoE. New projects can choose either the same fixed return or a variable RoE over the Power Purchase…
Author: PPD Team Date: May 14, 2025 R S Infraprojects Private Limited has secured a contract worth Rs 1,144.64 million under the Jharkhand Power System Improvement Project. The contract covers the construction of two 220 kV double-circuit (DC) transmission lines. The first line will run 47.7 km from Chaibasa (PGCIL) to Jadugoda (New), while the second will span 51.3 km from Chandil (New) to Jadugoda (New). The total project length is 99 km. Jharkhand Urja…
Author: PPD Team Date: May 1, 2025 Adani Power Limited has reported a net profit of Rs 127.50 billion in 2024–25, a decline of 38.78 percent from Rs 208.29 billion recorded in the previous year. Total income fell 2.28 percent to Rs 589.06 billion in FY25 from Rs 602.81 billion in FY24. However, one source indicated a 10 percent growth in revenue during the period. The company posted a net profit of Rs 27.37 billion…
Author: PPD Team Date: December 30, 2024 The government has annulled the auction of 11 critical mineral blocks in the fourth round due to a weak response from bidders. Four blocks, including tungsten and glauconite located in Chhattisgarh and Arunachal Pradesh, attracted no bids, while the remaining seven received fewer than three technically qualified bidders, leading to the cancellation of the auction process for all blocks. This follows a pattern seen in previous rounds, where…
Author: PPD Team Date: December 26, 2024 NTPC Limited has planned to establish a nuclear power project (NPP) in Bihar. The company has requested the state government to allocate suitable land for the project and is expected to conduct a study before proceeding with its setup.