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Uttar Pradesh leads RDSS project funding among states

An analysis based on a Lok Sabha reply has revealed that Uttar Pradesh, Maharashtra, and Tamil Nadu are the top three states with the highest project cost sanctioned under the Revamped Distribution Sector Scheme (RDSS).  Uttar Pradesh leads with Rs...

CEA recommends higher-capacity OPGW to support broadband expansion

The Central Electricity Authority (CEA) has advised the adoption of higher-capacity optical ground wire (OPGW) in upcoming power transmission projects to facilitate telecom service providers.  The recommendation follows a collaboration between the...

O2 Power signs renewable energy PPA with East Central Railway

O2 Power Private Limited has signed a Power Purchase Agreement (PPA) with East Central Railways (ECR) for the supply of 100 MW Round-The-Clock (RTC) Renewable Energy (RE) power in India. In January 2024, O2 Power won 100 MW RTC RE power project at a...

Odisha Approves Rs 92 Billion Investment in Solar Manufacturing Facilities

The Odisha government has approved proposals from Grew Energy, Saatvik Solar, Jakson Engineers, and Jupiter Renewables to establish solar cell and module manufacturing facilities, totalling an investment of over Rs 92 billion. Grew Energy: Plans to...

KPI Green secures Rs 13.11 billion solar project at Khavda Solar Park

KPI Green Energy Limited has won Coal India Limited’s auction to develop a 300 MW grid-connected ground-mounted solar project at Khavda Solar Park in Gujarat.  The contract, valued at Rs 13.11 billion, includes the design, engineering, procurement...

GUVNL concludes 500 MW BESS and 200 MW wind power auctions

Gujarat Urja Vikas Nigam Limited (GUVNL) has announced the results of its 500 MW/1,000 MWh standalone battery energy storage systems (BESS) auction under Phase IV.  H.G Infra Engineering secured 250 MW at Rs 225,985/MW/month, while Advait Infratech...

PFC Consulting forms SPV for 3 GW renewable power transmission in Gujarat

PFC Consulting Limited (PFCCL), a subsidiary of Power Finance Corporation (PFC), has incorporated a special purpose vehicle (SPV) named Raghanesda RE Transmission Limited.  The SPV will oversee the development of the “Transmission System for...

PFCCL forms SPV Kurnool-III PS RE Transmission

PFC Consulting Limited (PFCCL), a subsidiary of Power Finance Corporation (PFC), has incorporated a special purpose vehicle (SPV), Kurnool-III PS RE Transmission, for the Transmission system strengthening at Kurnool-III PS for integration of...

India targets 777 GW power capacity by 2030 with focus on thermal and hydro

Union Minister of State for Power, Shripad Naik, informed Parliament that India is actively expanding its power generation and transmission capacity to meet growing energy demands.  Currently, 29,200 MW of thermal capacity is under construction, with...

Sterling Tools partners with Meishuo Electric for latching relays production

Sterling Tools has formed a partnership with Zhejiang Meishuo Electric Technology to manufacture latching relays in India, aiming for Rs 2 billion in revenue by FY2030.  A new facility will be established in Bengaluru with an initial investment of Rs...

BPCL and CIL collaborate on coal-to-SNG project in Maharashtra

Bharat Petroleum Corporation Limited (BPCL) and Coal India Limited (CIL) signed a non-binding memorandum of understanding (MoU) on December 2, 2024, in Mumbai.  The collaboration aims to explore the development of a coal-to-synthetic natural gas...

Advait Energy selected for 50 MW battery storage project in Gujarat

Advait Energy Transitions, formerly known as Advait Infratech, has been declared a qualified bidder by Gujarat Urja Vikas Nigam Ltd (GUVNL) for a 50 MW/500 MWh standalone battery energy storage system in Gujarat.  This project is part of...

Mahindra Susten establishes Steer Hybren for renewable energy projects

Mahindra Susten Private Limited has incorporated a wholly owned subsidiary, Steer Hybren Private Limited, to implement renewable energy projects across India.  Established on November 29, 2024, in Mumbai, Steer Hybren will operate as an Independent...

Shimato Enterprises partners with Constronics Infra for 21 MW solar project in Tamil Nadu

Shimato Enterprises Private Limited signed a term sheet agreement with Constronics Infra Limited for the development of a 21 MW solar power project in Virudhunagar, Tamil Nadu on November 29, 2024.  As per the agreement, Shimato Enterprises along...

Sterling and Wilson secures Rs 5.04 billion solar project in Rajasthan

Sterling and Wilson Renewable Energy Ltd (SWREL) has secured a Rs 5.04 billion contract to develop a solar photovoltaic (PV) plant in Rajasthan.  The project, awarded by an independent power producer, involves the supply, installation, and...

NTPC to expand capacity to 130 GW by 2032

NTPC aims to increase its installed capacity from 76 GW to 130 GW by 2032, presenting significant growth prospects for micro, small, and medium enterprises (MSMEs).  The company’s procurement value is expected to rise from Rs 190.75 billion in FY24...

Supreme Court panel clears five hydro projects on Ganga

A Supreme Court-appointed panel has backed the development of five hydroelectric projects (HEPs) in Uttarakhand, despite opposition from the Ministry of Environment and Forest (MoEF) and the Jal Shakti Ministry, which raised concerns over ecological...

Sunshine Capital announces solar energy finance products

Sunshine Capital Limited has announced the launch of financial products to support solar energy adoption.  The Board of Directors approved the plan during a meeting held on December 3, 2024. The new solar energy finance offerings are designed to...

Tata Power Renewables commissions 431 MW DC solar project in Neemuch

Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power, has commissioned a 431 MW DC solar project in Neemuch, Madhya Pradesh.  Spanning 1,635.63 acres, the project was secured through a competitive bidding process and features a...

IEX reports 16% YoY growth in electricity trading for November 2024

The Indian Energy Exchange (IEX) recorded a 16% year-on-year increase in electricity traded volume, reaching 9,689 MU in November 2024. This growth was supported by increased market participation and competitive pricing.  The Day-Ahead Market (DAM)...

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CERC clears over 13,000 MW in March adoption orders

The Central Electricity Regulatory Commission issued a batch of tariff adoption orders through March...

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