PFC Consulting Limited (PFCCL) has invited Request for Proposal (RfP) bids for the selection of a transmission service provider (TSP) through a tariff-based competitive bidding (TBCB) process. The project, “Network Expansion Scheme in...
The Ministry of Power has updated its guidelines for compensation related to the right of way (RoW) for transmission lines. The aim is to bring uniformity, streamline procedures, and ensure timely resolution of land acquisition issues in transmission...
Jindal India Renewable Energy (JIRE), a subsidiary of Jindal Power Limited (JPL), has received a Letter of Acceptance (LoA) for 300 MW of solar plus storage capacity at a tariff of Rs 3.09 per kWh. The award falls under NHPC Limited’s 1,200 MW...
The Government of Jammu & Kashmir (GoJK) has planned a 10 MW solar power plant (SPP) at the decommissioned land of Pampore Gas Turbine (GT-Pampore). Jammu & Kashmir State Power Development Corporation Limited (JKSPDC) is expected to implement...
Power Mech Projects Limited has won a Rs 5,790 million contract for civil, structural, and architectural works at the 2×800 MW Koderma Thermal Power Expansion Project. The contract, awarded by Bharat Heavy Electricals Limited (BHEL) on March 21...
Power Grid Corporation of India Limited (PGCIL) has acquired two special purpose vehicles (SPVs) to implement key transmission projects in Karnataka and Rajasthan. The two SPVs are: Chitradurga Bellary REZ Transmission Limited – Responsible for...
L&T Energy Green Tech Limited (LTEGL), a subsidiary of Larsen & Toubro (L&T), has signed a Memorandum of Understanding (MoU) with Belgium-based John Cockerill Energy. The agreement, signed on March 24, 2025, focuses on developing...
Avaada Group, through its subsidiary Avaada Energy, has secured long-term power purchase agreements (PPAs) for 14,000 MW of renewable energy projects. The company has already commissioned 5,200 MW of renewable energy capacity across nine states and...
Hero MotoCorp Limited has announced an investment of Rs 5.25 billion in Euler Motors to enter the electric three-wheeler market. The investment will be made in multiple tranches, allowing Hero MotoCorp to acquire a 32.5 per cent stake in Euler...
The Solar Energy Corporation of India (SECI) has announced the results of its auction under the Strategic Interventions for Green Hydrogen Transition (SIGHT) programme (Mode-1, Tranche-II) to select producers for setting up green hydrogen production...
Ayana Renewable Power Private Limited has approved a plan to raise Rs 1.5 billion through the issuance of 1,500 non-convertible debentures at an issue price of Rs 1 million each. The debentures will be subscribed by Infrastructure Leasing and...
Adani Green Energy Limited (AGEL) has expanded its renewable energy portfolio by commissioning 500 MW of solar power capacity in Rajasthan through its subsidiaries. On March 23, 2025, Adani Green Energy Twenty Five Limited (AGE25L), a wholly-owned...
Power Grid Corporation of India Limited (PGCIL) has invited bids for Package-I of the undersea power cable package (CA-01) for the 220 kV undersea export power cable and underground land cable. This package is part of the Transmission System for...
The Ministry of Power (MoP) has directed all states and implementing agencies to finalise the awarding of battery energy storage system (BESS) contracts by June 2025. This move aims to ensure the completion of the viability gap funding (VGF)...
Bharat Coking Coal Limited (BCCL), a subsidiary of Coal India Limited (CIL), has leased out the Dugda Coal Washery in Bokaro, Jharkhand, marking India’s first coal washery monetisation. With a capacity of 2 million tonnes per annum, the move allows...
Bharat Heavy Electricals Limited (BHEL) has secured a major contract from Gujarat State Electricity Corporation Limited (GSECL) for the expansion of the Ukai thermal power station in Tapi district, Gujarat. The company received a letter of intent...
The Indian Renewable Energy Development Agency (IREDA) has launched its first-ever perpetual bonds, raising Rs 12.47 billion at an annual coupon rate of 8.40 per cent. This move aims to optimize its capital structure and take advantage of favourable...
Zelestra Energy (formerly Solarpack Corporación Tecnológica S.L) has signed a 25-year power purchase agreement (PPA) with SJVN Limited for setting up a 140 MW Firm and Dispatchable Renewable Energy (FDRE) power project in Solapur, Maharashtra. The...
NHPC Limited has awarded bids to four firms for developing 2,170 MW of Inter-State Transmission System (ISTS)-connected solar power projects across India under Tranche-IX. The projects will be developed on a build, own, and operate (BOO) basis. ReNew...
Torrent Green Energy Private Limited (TGEPL), a wholly owned subsidiary of Torrent Power Limited (TPL), has incorporated multiple subsidiaries to implement renewable energy projects in India. The company recently set up eight wholly owned...
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