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Promethean Energy raises $2 million to scale clean heat solutions in Asia

Author: PPD Team Date: 26/05/2025 Promethean Energy has secured $2 million in a Pre-Series A funding round led by Transition VC. Other participants included Sangam Venture, Sagana Capital, and Fondation Botnar. The Mumbai-based clean technology...

Bondada to develop 2,000 MW solar project in Andhra Pradesh

Author: PPD Team Date: 26/05/2025 The Government of Andhra Pradesh (GoAP) has allocated a 2,000 MW (2,600 MWp) solar power project to Bondada Engineering Limited. The project was awarded on May 22, 2025, and will be developed over the next 24 months...

NTPC, GUVNL, and HESCOM issue bids for over 1.1 GW RE projects

Author: PPD Team Date: 26/05/2025 NTPC Green Energy Limited (NGEL), a fully owned subsidiary of NTPC Limited, re-invited bids on May 23, 2025, for the Balance of System (BoS) package to develop 600 MW of Inter-State Transmission System...

Juno Joule and Select Energy to build green ammonia plant in Andhra Pradesh

Author: PPD Team Date: 26/05/2025 Juno Joule Green Energy Private Limited has signed a memorandum of understanding (MoU) with Germany’s Select Energy GmbH to co-develop a green hydrogen and ammonia export facility at Mulapeta port in Andhra Pradesh...

MIEPL to build 200 MW solar module plant for CEL in Ghaziabad

Author: PPD Team Date: 26/05/2025 Multi Infrastructure and Engineering Private Limited (MIEPL) has secured a contract from Central Electronics Limited (CEL) to set up a 200 MW solar module manufacturing facility in Ghaziabad, Uttar Pradesh. The...

Power Ministry reinforces RCO rules for CPPs and open access users

Author: PPD Team Date: 26/05/2025 The Ministry of Power (MoP) and the Bureau of Energy Efficiency (BEE) have issued fresh directives to ensure compliance with the Renewable Consumption Obligations (RCO) framework. This applies to designated...

NHPC net profit falls 14.68% to Rs 34.12 billion in FY25

Author: PPD Team Date: 26/05/2025 NHPC Limited reported a standalone net profit of Rs 34.12 billion in 2024-25, down 14.68% from Rs 39.99 billion in the previous year. The decline was partly due to one-time provisions and arbitration-related...

Delhi raises rooftop solar subsidy to Rs 108,000 per household

Author: PPD Team Date: 26/05/2025 The Delhi government has approved an additional subsidy of Rs 30,000 for installing 3 kW rooftop solar systems. This is over and above the Rs 78,000 subsidy provided by the central government under the PM Surya Ghar:...

Bridge and Roof invites bids for 100 MW BoS works in Khavda solar project

Author: PPD Team Date: 26/05/2025 Bridge and Roof Company (India) Limited issued a tender on May 21, 2025, for selecting an associate to execute Balance of System (BoS) works for 100 MW capacity under the 200 MW Khavda Solar PV Project – Phase XXIII...

RVUNL re-invites bids for 1,100 MW Barmer plant and Giral revival

Author: PPD Team Date: 26/05/2025 Rajasthan Rajya Vidyut Utpadan Nigam Limited (RVUNL) has re-invited bids for setting up a new 1,100 MW lignite-based thermal power plant in Barmer and reviving the 2×125 MW Giral Lignite Thermal Power Plant...

PFCCL invites bids for 400/220 kV Saswad transmission project in Pune

Author: PPD Team Date: 26/05/2025 PFC Consulting Limited (PFCCL) issued a Request for Proposal (RfP) on May 22, 2025, to select a transmission service provider (TSP) for a new substation in Pune district. The project will follow a tariff-based...

Ganpati Infrapower wins substation contract at Kedarnath

Author: PPD Team Date: 26/05/2025 Ganpati Infrapower Private Limited has secured a Rs 1,418 million contract to build a 2×5 MVA, 33/11 kV substation at Shri Kedarnath Dham Ji in Uttarakhand. The tender was floated by Uttarakhand Power...

India to open nuclear energy to private players with new draft laws

Author: PPD Team Date: 23/05/2025 India is considering major amendments to the Atomic Energy Act, 1962, which could allow private sector participation in nuclear power generation for the first time. The move aims to support the country’s target...

CERC releases draft guidelines for Virtual Power Purchase Agreements

Author: PPD Team Date: 23/05/2025 The Central Electricity Regulatory Commission (CERC) has issued draft guidelines for Virtual Power Purchase Agreements (VPPAs). These agreements are designed to help large electricity consumers meet renewable energy...

Adani Green begins 187.5 MW solar operations at Khavda park

Author: PPD Team Date: 23/05/2025 Adani Renewable Energy Fifty Seven Limited, a subsidiary of Adani Green Energy Limited (AGEL), started commercial operations of a 187.5 MW solar power project in Gujarat’s Khavda on May 22, 2025. The project is...

CESC and PEDA invite bids for over 170 MW of solar projects

Author: PPD Team Date: 23/05/2025 Chamundeshwari Electricity Supply Corporation Limited (CESC) has issued a Request for Proposal (RfP) for 142.64 MW of distributed solar power projects in Karnataka. Bids can be submitted until May 29, 2025. The...

RPP Infra secures boiler structure contract for Koderma project

Author: PPD Team Date: 23/05/2025 RPP Infra Projects has received a Letter of Acceptance (LoA) for a Rs 1,544.3 million contract under Package-B of the Koderma Thermal Power Expansion Project. The contract was awarded by Bharat Heavy Electricals...

PFC reports Rs 305.14 bn profit in FY25; REC raises Rs 56.35 bn via bonds

Author: PPD Team Date: 23/05/2025 Power Finance Corporation (PFC) Limited reported a 15 per cent rise in its consolidated profit after tax (PAT) for FY 2024-25, reaching Rs 305.14 billion, up from Rs 264.61 billion in the previous year. The company’s...

Patel Engineering wins EPC contract for Heo hydro project

Author: PPD Team Date: 23/05/2025 Patel Engineering Limited has secured an EPC (engineering, procurement, and construction) contract worth Rs 7.11 billion from NEEPCO Limited for the 240 MW Heo hydropower project in Arunachal Pradesh. The project is...

Inox Green expands solar O&M portfolio with new contracts

Author: PPD Team Date: 23/05/2025 Inox Green Energy Services Limited has signed agreements to provide operation and maintenance (O&M) services for 639 MWp of solar projects. These projects are owned by a major Indian renewable energy company...

Recent Posts

Power Sector News Roundup for July 4, 2025

Author: PPD Team Date: 04/07/2025 Global: Ofgem approves £24bn plan to upgrade UK energy networks US...

US Senate passes bill to cut clean energy tax credits by 2026

Author: PPD Team Date: 04/07/2025 In a tight 51–50 vote, the US Senate has passed the One Big...

Ofgem approves £24bn plan to upgrade UK energy networks

Author: PPD Team Date: 04/07/2025 Ofgem has cleared £24bn ($32bn) for upgrades to strengthen UK...

Adani Power in race for 2,400 MW Pirpainti project in Bihar

Author: PPD Team Date: 04/07/2025 Adani Power Limited (APL) is among four firms competing for the...

MCX to launch monthly electricity futures from July 10

Author: PPD Team Date: 04/07/2025 The Multi Commodity Exchange of India (MCX) will introduce monthly...

Bangladesh pays $437 million to Adani Power

Author: PPD Team Date: 04/07/2025 Bangladesh paid USD 437 million to Adani Power Limited in June...

CEA and IIT Roorkee sign MoU for joint work on power sector research

Author: PPD Team Date: 04/07/2025 On July 1, 2025, the Central Electricity Authority (CEA) and IIT...

India plans battery electric truck shift to cut freight emissions

Author: PPD Team Date: 04/07/2025 On 1 July 2025, the Office of the Principal Scientific Adviser...

Oswal Energies receives first electrolyser for green hydrogen project

Author: PPD Team Date: 04/07/2025 Oswal Energies Limited has kicked off its Rs 3.2 billion green...

KSB secures pump supply contract for thermal projects

Author: PPD Team Date: 04/07/2025 KSB Limited has won a contract from Larsen & Toubro Limited...