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BluPine Energy secures Rs 17.87 billion from NaBFID for renewable expansion

Author: PPD Team Date: 26/03/2025 BluPine Energy has secured Rs 17.87 billion in structured financing from the National Bank for Financing Infrastructure and Development (NaBFID). The funds will be used to optimize financial structuring and support...

PFCCL invites bids for Maharashtra transmission expansion; UPPCL seeks environmental expert

Author: PPD Team Date: 26/03/2025 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...

Power ministry revises compensation guidelines for transmission line right of way

Author: PPD Team Date: 26/03/2025 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...

JIRE secures 300 MW solar plus storage project under NHPC’s ISTS Tranche-VIII

Author: PPD Team Date: 26/03/2025 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...

J&K plans 10 MW agro-solar power plant at GT-Pampore

Author: PPD Team Date: 26/03/2025 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...

Power Mech secures Rs 5,790 million contract for Koderma power expansion

Author: PPD Team Date: 26/03/2025 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...

PGCIL acquires two SPVs for transmission projects in Karnataka and Rajasthan

Author: PPD Team Date: 26/03/2025 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...

L&T and John Cockerill partner to explore solar power and energy storage

Author: PPD Team Date: 26/03/2025 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...

Avaada Group secures PPAs for 14 GW renewable energy projects

Author: PPD Team Date: 25/03/2025 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...

Hero MotoCorp to invest Rs 5.25 billion in Euler Motors

Author: PPD Team Date: 25/03/2025 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...

SECI awards green hydrogen production capacity under SIGHT Tranche-II

Author: PPD Team Date: 25/03/2025 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...

Ayana Renewables to raise Rs 1.5 billion via non-convertible debentures

Author: PPD Team Date: 25/03/2025 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...

Adani Green commissions 500 MW solar power capacity in Rajasthan

Author: PPD Team Date: 25/03/2025 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...

PGCIL invites bids for undersea power cable package for offshore wind project in Gujarat

Author: PPD Team Date: 25/03/2025 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...

MoP sets June 2025 deadline for awarding BESS contracts under VGF programme

Author: PPD Team Date: 24/03/2025 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...

BCCL monetises Dugda Coal Washery, India’s first coal washery monetisation

Author: PPD Team Date: 24/03/2025 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...

BHEL wins Rs 75 billion contract for Ukai thermal plant expansion

Author: PPD Team Date: 24/03/2025 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...

IREDA raises Rs 12.47 billion through perpetual bonds

Author: PPD Team Date: 24/03/2025 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...

Zelestra Energy signs PPAs with SJVN and Daimler for renewable power

Author: PPD Team Date: 24/03/2025 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...

Four firms secure bids for NHPC’s Tranche-IX solar projects

Author: PPD Team Date: 24/03/2025 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...

Recent Posts

Adani Green commissions 275 MW solar project at Khavda RE park

Author: PPD Team Date: 02/04/2025 Adani Renewable Energy Fifty Seven Limited, a wholly-owned...

Bharat Grid wins Rs 22.74 billion contract for smart metering in Gujarat

Author: PPD Team Date: 02/04/2025 Bharat Grid Private Limited has won a contract worth Rs 22,739.73...

Six firms bid for EPC contract of Heo Hydro Electric Project

Author: PPD Team Date: 02/04/2025 Six companies have submitted bids for the engineering...

Power Sector News Roundup for April 1, 2025

Author: PPD Team Date: 01/04/2025 Global: NBIM to acquire 49% stake in Nordseecluster and Thor...

NBIM to acquire stake in Nordseecluster and Thor offshore wind projects

Author: PPD Team Date: 01/04/2025 Norges Bank Investment Management (NBIM) will acquire a 49% stake...

US grants approval for Holtec to transfer SMR technology to India

Author: PPD Team Date: 01/04/2025 The United States Department of Energy (DOE) has granted Holtec...

Waaree Energies inaugurates 5.4 GW solar cell plant in Gujarat

Author: PPD Team Date: 01/04/2025 Waaree Energies Limited has inaugurated a 5.4 GW solar cell...

IREDA secures $172 million loan from SBI Tokyo

Author: PPD Team Date: 01/04/2025 Indian Renewable Energy Development Agency Limited (IREDA) has...

Tiruchirappalli plans 19.2 MW solar power project in Panjappur

Author: PPD Team Date: 01/04/2025 Tiruchirappalli City Municipal Corporation has announced plans to...

Adani Green begins operations on 480 MW wind-solar projects in Gujarat

Author: PPD Team Date: 01/04/2025 Adani Green Energy Limited (AGEL) has started commercial...