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NTPC and APGENCO make progress on thermal power project expansions

NTPC Limited has announced plans to expand the Lara Super Critical Thermal Power Project with a Stage III development, estimated at Rs 155 billion.  Stage I, with a capacity of 1,600 MW, is operational, and Stage II, with the same capacity, is under...

NTPC partners with Energy Dome of Italy for CO2 battery energy storage project

NTPC Ltd. has announced plans to establish a CO2 battery energy storage project in collaboration with Triveni Turbine Ltd. and Energy Dome, Italy. NETRA, NTPC’s R&D wing, will manage the project. The 160 MWHr CO2 battery will be installed...

CG Power plans Rs 7.12 billion investment for power transformer facility

CG Power & Industrial Solutions Ltd (CG) will invest Rs 7.12 billion to build a greenfield power transformer plant, approved by its board on January 28, 2025.  The facility, slated for commissioning by March 2028, will produce 45,000 MVA...

GEDA introduces guidelines for offgrid solar, wind, and hybrid projects

The Gujarat Energy Development Agency (GEDA) has introduced a comprehensive Standard Operating Procedure (SOP) for off-grid solar, wind, and wind-solar hybrid projects, with or without storage. This initiative is part of the Gujarat Renewable Energy...

Suzlon and NTPC report financial results for December 2024 quarter

Suzlon Group’s net profit surged by 91% year-on-year, reaching Rs 3.88 billion. The company achieved its highest-ever quarterly deliveries, totalling 447 MW, bringing its nine-month total to 977 MW.  Revenue for the quarter grew by 42% from the...

BAJEL secures contract for 120 km transmission line in Rajasthan

BAJEL Projects Limited, formerly Bajaj Electricals Limited, has received a Notification of Award from Power Grid Corporation of India Limited (PGCIL) for Transmission Line Package TL03.  The contract involves constructing a 120 km, 765 kV...

Arunachal Pradesh begins pre-feasibility tests for Upper Siang project

The Government of Arunachal Pradesh has deployed drilling machines in Parong to conduct pre-feasibility testing for the Upper Siang Hydro Electric Project. North Eastern Electric Power Corporation Limited (NEEPCO), NHPC Limited, and the Government of...

BEE and TERI to establish energy transition centre in Hyderabad

The Bureau of Energy Efficiency (BEE) and The Energy and Resources Institute (TERI) have signed an MoU to set up a Centre of Excellence for Energy Transition (CoEET) in Hyderabad. The centre will focus on research, innovation, and capacity-building...

Avaada to invest Rs 207 billion in renewable energy projects in Odisha

Avaada Group has signed a memorandum of understanding (MoU) with the Odisha government to invest Rs 207 billion in renewable energy projects.  The investment will support the development of 1,500 MW of floating solar projects, two 1,000 MW Pumped...

Maharashtra and Telangana sign MoUs for 7,440 MW renewable energy projects

Maharashtra and Telangana sign MoUs for 7,440 MW renewable energy projects The Government of Maharashtra (GoM) and the Government of Telangana (GoT) have signed Memorandums of Understanding (MoUs) with Essar Renewables Limited (ERL) and Sun...

Centre approves Rs 4.88 billion for power grid upgrades in Telangana

The central government has approved an investment of Rs 4.88 billion under the Power System Development Fund for nine new schemes to strengthen Telangana’s power grid and ensure reliable electricity supply. The investment will support the...

IOC to acquire up to 6 GW of renewable energy projects

Indian Oil Corporation (IOCL) plans to acquire five to six GW of solar and wind power projects to expand its renewable energy portfolio. The company targets 31 GW of renewable energy capacity by 2031 through organic growth, joint ventures, and...

Adani Group refutes claims of PPA revocation with Sri Lanka

Adani Group has confirmed that its power purchase agreement (PPA) with the Sri Lankan government for wind power projects remains intact, countering a report by AFP that suggested its cancellation. According to Reuters, despite recent reviews by Sri...

IEX Q3 profit rises 16.9% to Rs 1,073 million

Indian Energy Exchange (IEX) reported a profit after tax of Rs 1,073 million for the quarter ended December 2024, a 16.9% increase from Rs 918 million in the same period last year. The company’s consolidated revenue grew by 13.7% to Rs 1,605 million...

Project Development Update: January 27, 2025

THDC declares commercial operation of Unit-1 at 1,320 MW Khurja thermal plant THDC India Limited (THDCIL) has declared the commercial operation date (COD) for Unit-1 of the 1,320 MW Khurja Super Thermal Power Plant (KSTPP) on January 25, 2025.  The...

Contract and Deal Updates – January 27, 2025

Jyoti Structures secures Rs 7,412.8 million PGCIL contract for HVDC line Jyoti Structures Limited won a contract worth Rs 7,412.8 million from Power Grid Corporation of India Limited (PGCIL) for Transmission Line package TL01 for 800 kV high voltage...

New Projects – January 27, 2025

Hazoor Multi Projects launches Maharashtra’s first 1.2 GW solar park Hazoor Multi Projects (HMPL) has recently launched Maharashtra’s first solar park, the Chhatrapati Shivaji Maharaj Saur Urja Park (CSMSUP), with a capacity of 1.2 GW. Located on...

KPIL secures Rs 20.38 bn orders in T&D and building projects

Kalpataru Projects International Limited (KPIL) has won new orders worth Rs 20.38 billion in the transmission and distribution (T&D) sector across domestic and international markets, along with building projects in India. These orders increase...

Akshat Greentech to set up solar manufacturing facility in Hyderabad

The Telangana government has signed a memorandum of understanding (MoU) with Akshat Greentech, a subsidiary of Mytrah Energy, to establish a solar cells and modules manufacturing facility in Hyderabad. The agreement was finalized during the World...

Sun Petrochemicals to invest in pumped storage hydro projects in Telangana

Sun Petrochemicals has signed a memorandum of understanding (MoU) with the Telangana government to develop pumped storage hydro power projects in Nagarkurnool, Mancherial, and Mulugu districts.  The project involves an investment of Rs 450 billion...

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