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Aether Industries commissions 15 MW solar project in Gujarat

Aether Industries has commissioned a 15 MW solar power project in Bharuch, Gujarat, in partnership with KPIG Energia, a subsidiary of KPI Green Energy.  The project, under the captive power producer segment, features advanced auto-tracker modules...

Waaree Energies leads with EPD-certified ultra-low-carbon solar panels

Waaree Energies has become the first Indian solar panel manufacturer to publish independently verified Environmental Product Declarations (EPDs) for its bifacial mono PERC and TOPCon solar panels.  Certified by The International EPD System, these...

Promax Power wins contract for 132/33 kV substations

Promax Power has secured a Rs 554.3 million contract to design, supply, erect, test, and commission 132/33 kV substations and associated 132 kV bays. The project includes developing four 132 kV substations with fully equipped control room buildings...

KP Green Engineering secures Rs 1.66 billion in orders across sectors

KP Green Engineering has received orders worth Rs 1.66 billion from multiple clients, reflecting its expanding market presence and diversified portfolio. The company has secured solar project contracts worth Rs 1 billion to supply fixed tilt module...

Rajasthan Power Grid Transmission Company formed as JV between PGCIL and RVPN

Rajasthan Power Grid Transmission Company Limited (RPTCL) has been incorporated as a joint venture between Power Grid Corporation of India Limited (POWERGRID) and Rajasthan Rajya Vidyut Prasaran Nigam Limited (RVPN). The venture is structured with a...

RECPDCL transfers SPVs to PGCIL and DRAIPL for Rajasthan REZ Phase IV transmission projects

REC Power Development and Consultancy Limited (RECPDCL), a subsidiary of REC Limited, has transferred two Special Purpose Vehicles (SPVs) as part of the Rajasthan Renewable Energy Zone (REZ) Phase IV power evacuation projects.  The first SPV...

PGCIL sells residual stake in four entities to PGInvIT

Power Grid Corporation of India Ltd (PGCIL) has sold its remaining 26% stake in four associate companies to Power Grid Infrastructure Investment Trust (PGInvIT) for Rs 5.07 billion.  The transfer, completed on December 30, 2024, aligns with share...

Servotech secures solar pump order in Uttar Pradesh

Servotech Renewable Power System Limited has secured an order to install 1,094 grid-connected solar-powered agriculture pumps under the PM KUSUM Scheme’s Component C-1.  The Uttar Pradesh New and Renewable Energy Development Authority (UPNEDA)...

Power Mech wins O&M contract for Jaypee Nigrie plant

Power Mech Projects Limited has secured a Rs 1.86 billion contract from Jaiprakash Power Ventures Limited (JPVL) to provide operation and maintenance (O&M) services for the 2×660 MW Jaypee Nigrie super thermal power plant in Madhya Pradesh. The...

Adani commissions 174.9 MW hybrid project under Khavda RE Park

Adani Renewable Energy Forty Eight Limited and Adani Green Energy Twenty Four A Limited, wholly-owned subsidiaries of Adani Green Energy Limited (AGEL), have commenced commercial operations of a 174.9 MW wind-solar hybrid power project in...

Aditya Birla and GACL partner for 62.7 MW hybrid project

Aditya Birla Renewable Energy Limited (ABREL) and its special purpose vehicle (SPV), Aditya Birla Renewables SPV 4 Limited, have signed a shareholder’s agreement with Gujarat Alkalies and Chemicals Limited (GACL) for a 62.7 MW wind-solar hybrid power...

PGCIL and MEIL shortlisted for Karnataka transmission project

Power Grid Corporation of India Limited (PGCIL) and Megha Engineering and Infrastructures Limited (MEIL) are technically qualified for the selection of the transmission service provider (TSP) for the Augmentation of transformation capacity by...

CCI conducts market study on renewable energy across BRICS nations

The Competition Commission of India (CCI) is conducting a market study to assess competition issues within the renewable energy sector across BRICS nations.  The study, led by CCI Chairperson Ravneet Kaur, is part of the broader BRICS framework...

Government cancels auction of 11 critical mineral blocks

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...

EAC recommends ToR for Indirasagar-Omkareshwar Pumped Storage Projects

The Expert Appraisal Committee (EAC) of the Ministry of Environment, Forest and Climate Change (MoEFCC) has recommended the grant of Terms of Reference (ToR) for the Indirasagar-Omkareshwar on-stream Pumped Storage Project (640 MW) by NHDC Limited in...

PFC Consulting invites bids for transmission project in J&K

PFC Consulting Limited, a wholly owned subsidiary of Power Finance Corporation Limited, has invited bids for a transmission project “Execution of System Strengthening/Upgradation Works and Intra-State Transmission System projects by...

KEC International transfers cables business to subsidiary

KEC International Ltd has transferred its cables business to KEC Asian Cables Ltd (KACL), a subsidiary, via a slump sale on a going-concern basis. A business transfer agreement (BTA) was executed on December 30, 2024. KACL will pay Rs 1.25 billion to...

Adani Green establishes new subsidiary AGE68L

Adani Green Energy Limited (AGEL) has formed a wholly owned subsidiary, Adani Green Energy Sixty Eight Limited (AGE68L), under its subsidiary Adani Renewable Energy Holding Nine Limited.  AGE68L will focus on power generation, development...

Jakson Group and OMC Power partner for solar rooftop project in Uttar Pradesh

Jakson Group and OMC Power have partnered to implement a 50 MW solar rooftop project valued at Rs 2 billion.  This initiative will offset 62,500 tonnes of carbon emissions annually, equal to planting 2.5 million trees.  Jakson Group will deploy...

Gensol secures Rs 8.97 billion solar EPC contract from NTPC

Gensol Engineering Limited has won a Rs 8.97 billion contract from NTPC Renewable Energy Limited to develop a 225 MW grid-connected solar project.  The project will be executed on an engineering, procurement, and construction (EPC) basis at the...

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Power Sector News Roundup for February 5, 2025

Global: Desert Quartzite solar+storage project achieves operational status Amazon and Iberdrola...

Stavian Group to invest USD 22 million in battery storage project in Vietnam

Stavian Group is investing USD 22 million in a Battery Energy Storage System (BESS) project at the...

Amazon and Iberdrola expand renewable energy partnership

  Amazon and Iberdrola have added 476 MW to their global renewable energy partnership, expanding...

Desert Quartzite solar+storage project achieves operational status

EDF Renewables North America (EDFR) and Power Sustainable Energy Infrastructure (PSEI) have...

NTPC signs PPA with Indian Army for solar-hydrogen microgrid in Ladakh

NTPC Limited has signed a Power Purchase Agreement (PPA) with the Indian Army for the sale of 200 kW...

Welspun New Energy to invest Rs 135 billion in Odisha’s energy projects

Welspun New Energy has signed a Memorandum of Understanding (MoU) with the Government of Odisha to...

Budget 2024-25 allocates funds for key power projects

The Budget 2024-25 has allocated funds for various power projects, including thermal, transmission...

Art-PV secures MNRE grant for tandem solar cell manufacturing plant

Art-PV, incubated at IIT Bombay, has received a USD 10 million grant from the Ministry of New and...

CESC Group completes acquisition of power distribution in Chandigarh

Eminent Electricity Distribution Limited (EEDL), a wholly-owned subsidiary of CESC Limited, has...

Indus Towers invests in 50 MW captive solar project

Indus Towers Limited (ITL) has signed an agreement with Amplus Energy Solutions Private Limited to...