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KPIL secures Rs 20.38 bn orders in T&D and building projects

Kalpataru Projects International Limited (KPIL) has won new orders worth Rs 20.38 billion in the transmission and distribution (T&D) sector across domestic and international markets, along with building projects in India. These orders increase...

Akshat Greentech to set up solar manufacturing facility in Hyderabad

The Telangana government has signed a memorandum of understanding (MoU) with Akshat Greentech, a subsidiary of Mytrah Energy, to establish a solar cells and modules manufacturing facility in Hyderabad. The agreement was finalized during the World...

Sun Petrochemicals to invest in pumped storage hydro projects in Telangana

Sun Petrochemicals has signed a memorandum of understanding (MoU) with the Telangana government to develop pumped storage hydro power projects in Nagarkurnool, Mancherial, and Mulugu districts.  The project involves an investment of Rs 450 billion...

IREDA plans to raise Rs 50 billion through QIP

The Indian Renewable Energy Development Agency Limited (IREDA) has approved a plan to raise up to Rs 50 billion through a Qualified Institutions Placement (QIP) of equity shares in one or more tranches. This decision aims to strengthen IREDA’s...

NHPC announces 1.2 GW solar plus storage auction results

Onix Renewable, Jindal India Renewable Energy, NTPC Renewable Energy, Kolar Solar Power (Rays Power Infra), ReNew Solar Power, and Adani Renewable Energy Holding Nine (Adani Green Energy Limited) have won NHPC Limited’s auction to develop 1,200 MW of...

Saatvik Solar wins EPC contracts for 23 MW solar projects in Himachal Pradesh

Saatvik Solar (Saatvik Green Energy Private Limited) has secured engineering, procurement, and construction (EPC) contracts from Himachal Pradesh Power Corporation Limited (HPPCL) to establish 23 MW of solar photovoltaic (PV) power projects in Una...

NEEPCO invites bids for E&M works for Tato-I Hydro Project

North Eastern Electric Power Corporation Limited (NEEPCO) invited bids for Package III: electro-mechanical (E&M) works for the 186 MW Tato-I Hydro Electric Project on January 21, 2025.  The bid submission deadline is March 22, 2025. The work is...

PFCCL re-invites RFP for ERGS-I transmission project

PFC Consulting Limited (PFCCL) re-invited the Request for Proposal (RFP) for selecting a Transmission Service Provider (TSP) through the tariff-based competitive bidding (TBCB) process for the Eastern Region Generation Scheme-I (ERGS-I) on January...

Rosatom ships VVER-1000 reactor vessel for Kudankulam Unit 6

Rosatom State Atomic Energy Corporation has shipped the VVER-1000 reactor vessel for Unit 6 of the Kudankulam Nuclear Power Plant (KKNPP) Project in Tamil Nadu. A set of four steam generators for Unit 6 is scheduled for shipment in 2025. The Nuclear...

NHPC and APGENCO establish JV for renewable energy projects

NHPC Limited and Andhra Pradesh Power Generation Corporation Limited (APGENCO) have formed a joint venture named “APGENCO NHPC Green Energy Limited.”  The company was incorporated on January 23, 2025, with an equal equity participation of...

Bondada Group to establish 100 MW hybrid RE plant in Assam

Dr. Bondada Raghavendra Rao, Chairman and Managing Director of Bondada Group, has signed a memorandum of understanding (MoU) with Assam’s Minister of Education, Welfare of Plain Tribe and Backward Classes, Sri Ranoj Pegu, at the Advantage Assam...

PGCIL commences commercial operation of Rajasthan transmission project

Power Grid Corporation of India Ltd (PGCIL) announced that its subsidiary, Powergrid Sikar Transmission Ltd, has received notification for the commercial operation of  “Transmission system strengthening scheme for evacuation of power from solar...

MPPTCL begins remote monitoring of substations

Madhya Pradesh Power Transmission Company Ltd (MPPTCL) has initiated the remote monitoring and operation of its extra-high voltage AIS substations, starting with the 132kV AIS substation at Madhotal.  This substation will now be controlled remotely...

Godrej focuses on five states for power infrastructure

The Energy Solutions business of Godrej Enterprises Group (GEG) has announced its focus on investing in power infrastructure projects for clean energy.  The company will prioritize Maharashtra, Gujarat, Rajasthan, Haryana, and Madhya Pradesh for its...

Avaada Group secures Rs 85 billion financing for nine RE projects

Avaada Group has completed Rs 85 billion in financing and refinancing for nine projects across various sectors, including utility-scale solar projects, agrivoltaic projects under the PM-KUSUM scheme, merchant power generation projects, commercial and...

Blue Energy to invest Rs 35 billion in electric trucks in Maharashtra

Blue Energy Motors, a key partner in Essar’s green mobility initiative, has signed a Memorandum of Understanding (MoU) with the Government of Maharashtra to invest Rs 35 billion in establishing an electric truck manufacturing facility.  The facility...

Essar Renewables to invest Rs 80 billion in Maharashtra for RE projects

Essar Renewables Limited has signed a Memorandum of Understanding (MoU) with the Government of Maharashtra to develop 2,000 MW of renewable energy capacity. The Rs 80 billion investment will focus on round-the-clock renewable energy projects to power...

Torrent Power incorporates TU37 for hydrogen and renewable energy

Torrent Green Energy Private Limited (TGEPL), a subsidiary of Torrent Power Limited, has established Torrent Urja 37 Private Limited (TU37) with an authorised and paid-up capital of Rs.500,000, consisting of 50,000 equity shares valued at Rs.10 each...

NTPC REL commissions 25 MW of Gujarat solar PV project

NTPC Renewable Energy Limited (NTPC REL), a subsidiary of NTPC Limited through NTPC Green Energy Limited, has commenced commercial operation of the second part capacity of its 200 MW Sadla Solar PV Project in Gujarat. The additional 25 MW capacity...

Bondada Engineering wins Rs 884.98 million contract from KPI Green

Bondada Engineering Limited has won a Rs.884.98 million contract from KPI Green Energy Limited for the supply of Balance of System (BoS) items and services. The contract includes engineering, procurement, construction, and commissioning (EPCC) works...

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Power Sector News Roundup for January 24, 2025

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Uzbekistan’s NEGU targets 76.1 billion TWh electricity transmission in 2025

Uzbekistan’s JSC National Electric Grid of Uzbekistan (NEGU) aims to transmit 76.1 billion TWh of...

CleanMax secures financing to develop solar projects in UAE

CleanMax has secured a long-term credit facility of AED 99 million from Hong Kong and Shanghai...

Trump suspends IRA funding, halting clean energy projects

US President Donald Trump has issued an executive order suspending all funding disbursements under...

Technip Energies wins FEED contract for Uniper’s new UK power plant

Technip Energies has been awarded a front-end engineering design (FEED) contract for Uniper’s...

KPIL secures Rs 20.38 bn orders in T&D and building projects

Kalpataru Projects International Limited (KPIL) has won new orders worth Rs 20.38 billion in the...

Akshat Greentech to set up solar manufacturing facility in Hyderabad

The Telangana government has signed a memorandum of understanding (MoU) with Akshat Greentech, a...