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Kovalam Investment approves solar projects in Madhya Pradesh

The Board of Directors (BoD) of Kovalam Investment and Trading Company Limited has approved an investment for setting up decentralised solar power projects in Madhya Pradesh.  The decentralised solar power projects would be set up under component A...

GE Vernova wins contract for HV equipment supply from Sterlite Power

GE Vernova T&D India Limited secured a contract worth over Rs 4,000 million from Sterlite Power Transmission Limited on December 19, 2024.  The contract covers the supply and supervision of high voltage (HV) equipment.  The project is expected to...

Maha GENCO abandons Dondaicha coal project

Maharashtra State Power Generation Company Limited (MSPGCL) has abandoned the Dondaicha Coal Based Power Project.  The project, planned to have a capacity of 5×660 MW near Vikharan, Methi, and Varjhadi villages in Dhule district, Maharashtra...

Adani Energy forms SPV for power T&D

Adani Energy Solutions Limited (AESL) incorporated Adani Energy Solutions Step-Ten Limited (AESSTL) on December 18, 2024.  The special purpose vehicle (SPV) will focus on the transmission, distribution, and supply of power, along with other...

KPI Green signs MoU with Rajasthan for hybrid renewable projects

KPI Green Energy has signed a memorandum of understanding (MoU) with the Rajasthan government to develop hybrid renewable energy projects, including solar and wind power, in Jaisalmer (Ramgarh). The MoU outlines government support for facilitating...

NTPC Green announces commercial operation of 30 MW Gujarat solar PV project

NTPC Green Energy has announced the commencement of operations for its wholly-owned subsidiary, NTPC Renewable Energy’s 150 MW Gujarat solar PV project in Mesanka, Gujarat. On December 18, 2024, the Gujarat Energy Development Agency issued a...

Servotech Power Systems rebrands to Servotech Renewable Power System

Servotech Power Systems has rebranded as Servotech Renewable Power System, signalling its shift to renewable energy.  The new name reflects the company’s focus on solar products, EV chargers, and sustainable energy solutions. Founder & Managing...

PFCCL initiates empanelment process for AMISP under RDSS

PFC Consulting Ltd (PFCCL), a subsidiary of Power Finance Corporation Ltd, has initiated the empanelment of advanced metering infrastructure service providers (AMISP) under the centrally-sponsored Revamped Distribution Sector Scheme (RDSS).  As one...

SWELECT Energy to raise Rs 1.38 billion through NCDs

SWELECT Energy Systems has announced plans to raise Rs 1.38 billion through the issuance of 1,385 non-convertible debentures (NCDs) with a face value of Rs 1 million each via private placement.  These secured, unlisted, rated, redeemable...

HPSEBL to procure 550 MW solar power from SECI

The Himachal Pradesh Electricity Regulatory Commission (HPERC) has approved Himachal Pradesh State Electricity Board Limited (HPSEBL) to procure 550 MW of ISTS-connected solar power from the Solar Energy Corporation of India (SECI) for 25 years at a...

ACME Solar commissions 1,023 MW solar projects in Rajasthan

ACME Solar has commissioned four co-located ISTS-connected solar projects totaling 1,023 MW in Rajasthan’s Jaisalmer district.  The 1,200 MW capacity project already has a 25-year power purchase agreement with the Solar Energy Corporation of India...

NHPC to invest Rs 55 billion in Bihar’s renewable energy sector

NHPC Limited plans to invest Rs 55 billion in Bihar’s renewable energy sector to support India’s energy transition.  The company is set to sign a memorandum of understanding with the state government for projects including solar power...

Refex Renewables subsidiary partners with LC Infra for solar project

Sherisha Rooftop Solar SPV Four Private Limited, a step-down subsidiary of Refex Renewables & Infrastructure Limited, has partnered with LC Infra Projects Private Limited to form LC Infra Solar LLP. The LLP will develop a 150 MW solar power...

Jindal Saw to acquire 31.2% stake in ReNew Green MHH One

Jindal Saw Limited has signed a share purchase agreement (SPA) to acquire a 31.20% equity stake in ReNew Green MHH One Private Limited (RGMHH), making RGMHH an associate company. RGMHH focuses on renewable energy generation but has not yet commenced...

Tlawng hydro project to begin construction in FY 2025

The Tlawng Hydro-Electrical Project, with a planned capacity of 120 MW, is set to begin construction in FY 2025. Detailed Project Report (DPR) preparation is currently underway. The Central Water Commission (CWC) has completed key studies, including...

Locals oppose survey for proposed nuclear power plant in Koppal district

The central government has selected a site near Arasinakeri, Koppal, for Karnataka’s second nuclear power plant. However, the proposal faces opposition due to land shortages and environmental concerns, particularly regarding nearby protected...

Masali village becomes India’s first solar-powered village on the border

Masali village in Gujarat’s Banaskantha district has become India’s first ‘solar village’ located on the border. The village, with a population of 800, is situated 40 km from the Pakistan border. All 199 houses in the village now...

Renewable energy projects face up to 12-month delay in signing of PPAs

India’s renewable energy sector is facing significant delays in securing power purchase agreements (PPAs), which are affecting around 40-45 GW of projects out of a total 80-90 GW in the pipeline. Experts note that distribution companies...

Inox Wind wins 60 MW wind turbine supply contract in Karnataka

Inox Wind Limited has secured a contract from Serentica Renewables India Private Limited (SRIPL) to supply 3 MW-class Wind Turbine Generators (WTGs) for a 60 MW wind power project.  The project is part of a wind-solar hybrid development in Karnataka...

Gensol Engineering secures EPC contract for 22 MW solar projects

Gensol Engineering Limited has won an EPC contract worth Rs 880 million from a steel products company to develop 22 MW solar photovoltaic (PV) power projects in Punjab.  The contract was awarded on December 18, 2024 and is scheduled for completion...

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PM lays foundation stone for 50 MW floating solar project in Kerala

Prime Minister Narendra Modi laid the foundation stone for a 50 MW floating solar project at West...

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Indo-Tech Transformers loses Rs 65 crore ReNew Wind transformer order

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Dilip Buildcon receives LoI for 400 kV Mekhali substation project in Karnataka

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