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Waaree forms solar subsidiary, reports strong FY25 growth

Author: PPD Team Date: 23/05/2025 Waaree Renewable Technologies Limited has announced the incorporation of a new wholly owned subsidiary, Sunsational Power Private Limited, to strengthen its presence in the solar energy sector.  The subsidiary, set...

KPI Green secures CTUIL nod for 642.6 MW wind project in Gujarat

Author: PPD Team Date: 23/05/2025 KPI Green Energy Limited has received in-principle connectivity approval from the Central Transmission Utility of India Limited (CTUIL) for its 642.6 MW wind power project in Gujarat. The project will be developed...

ACME Solar commissions 112.5 MW in Sikar

Author: PPD Team Date: 23/05/2025 ACME Solar Holdings Limited has commissioned 112.5 MW of solar capacity as part of the second phase of its Sikar solar project in Bikaner, Rajasthan.  Earlier this month, the company commissioned 52.5 MW. With these...

Powergrid awards over Rs 17 billion in fresh contracts and posts steady profit

Author: PPD Team Date: 22/05/2025 Power Grid Corporation of India Limited (Powergrid) has issued several key project awards recently, with the latest set totalling over Rs 17 billion. These include notable contracts awarded to KEC International...

Waaree enters transformer business with Rs 2.93 billion acquisition

Author: PPD Team Date: 22/05/2025 Waaree Energies Limited has acquired 100 per cent equity in Kamath Transformers Private Limited and Green New Delhi Forever Energy Private Limited, expanding its footprint in both manufacturing and power project...

Chandigarh to launch rooftop solar projects under RESCO model

Author: PPD Team Date: 22/05/2025 The Chandigarh Renewal Energy and Science and Technology Promotion Society (CREST) will roll out rooftop solar installations on government-built properties using the renewable energy service company (RESCO) model...

JSW Energy to invest Rs 140 billion in O2 Power

Author: PPD Team Date: 22/05/2025 JSW Energy Limited has announced an investment of Rs 140 billion to expand the renewable energy capacity of its O2 Power platform. The company plans to scale up O2 Power’s portfolio to 4.7 GW by June 2027. O2 Power...

Inox Green signs 285 MWp solar O&M deals

Author: PPD Team Date: 22/05/2025 Inox Green Energy Services Limited has signed agreements to provide operations and maintenance (O&M) services for 285 MWp of solar projects owned by two major renewable energy developers in India. The projects...

Premier Energies and Nuevosol form JV to manufacture aluminium frames for solar modules

Author: PPD Team Date: 22/05/2025 Premier Energies Limited (PEL) has signed a joint venture agreement with Nuevosol Energy Private Limited to invest in Premier-Green Aluminium Private Limited. The new entity will focus on manufacturing aluminium...

Reliance Power to develop 500 MW solar project in Bhutan with DHI

Author: PPD Team Date: 22/05/2025 Reliance Power Limited has signed a commercial term sheet for a long-term power purchase agreement (PPA) with Green Digital Private Limited (GDL), a subsidiary of Druk Holding and Investments Limited (DHI). DHI is...

SAEL to set up 5 GW solar cell plant in Greater Noida

Author: PPD Team Date: 22/05/2025 SAEL Industries Limited has announced plans to establish a solar cell manufacturing facility in Greater Noida, Uttar Pradesh. The facility will have an annual production capacity of 5 GW and is expected to attract an...

India showcases green hydrogen vision at World Hydrogen Summit 2025

Author: PPD Team Date: 22/05/2025 At the World Hydrogen Summit 2025 in Rotterdam, the Ministry of New and Renewable Energy (MNRE) presented India’s roadmap for becoming a global green hydrogen leader. India has installed over 223 GW of renewable...

CIL and MP municipal bodies invite bids for solar and wind projects

Author: PPD Team Date: 22/05/2025 Coal India Limited (CIL) has invited Expression of Interest (EoI) bids for the supply of renewable energy from 4,500 MW wind-solar hybrid projects across India. The EoI was released on May 19, 2025, and the last date...

IIT K and CEG Test win contracts for thermal and nuclear projects

Author: PPD Team Date: 22/05/2025 Indian Institute of Technology (IIT), Kanpur has secured a contract worth Rs 1.47 million to conduct wind tunnel testing for the reinforced cement concrete (RCC) chimney of the 800 MW Sipat Advanced Ultra Super...

MoEFCC clears EIA study for Upper Bhavani pumped hydro project

Author: PPD Team Date: 22/05/2025 The Ministry of Environment, Forest and Climate Change (MoEFCC) has granted initial approval to carry out an environmental impact assessment (EIA) study for the 1,000 MW Upper Bhavani Pumped Storage Hydro Power...

KPCL seeks JV partner for Godhna coal power project in Chhattisgarh

Author: PPD Team Date: 22/05/2025 Karnataka Power Corporation Limited (KPCL) has invited bids to select a joint venture (JV) partner for developing and operating the 2×800 MW Godhna Coal Based Power Project in Chhattisgarh. The bid submission...

Goa plans Rs 11 billion investment in Verna, Tuem, and Kundaim substations

Author: PPD Team Date: 21/05/2025 The Electricity Department of Goa is planning to develop three new substations at Verna, Tuem, and Kundaim over the next five years. The estimated investment across these projects is Rs 11 billion. The substations...

NLC approves JV with RRVUNL for Gurha thermal power project

Author: PPD Team Date: 21/05/2025 The Board of Directors of NLC India Limited has approved forming a joint venture (JV) with Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL) to develop the Gurha Thermal Power Project. The decision was made on...

Hinduja Renewables signs solar PPAs with Lloyd Metals

Author: PPD Team Date: 21/05/2025 HR Godavari Private Limited, the special purpose vehicle (SPV) of Hinduja Renewables Energy Private Limited, has signed two power purchase agreements (PPAs) with Lloyd Metals and Energy Limited. These PPAs cover the...

MNRE clarifies ALMM exemptions for net billing and virtual metering models

Author: PPD Team Date: 21/05/2025 The Ministry of New and Renewable Energy (MNRE) has clarified that net billing, virtual net metering, and group net metering will be treated at par with net metering under the Approved List of Models and...

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...