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Waaree and Bhagyanagar secure solar contracts

Author: PPD Team Date: 28/02/2025 Waaree Renewable Energy Technologies Limited has secured a contract from ABREL EPC Limited, a subsidiary of Aditya Birla Renewables Limited, for supplying solar photovoltaic (PV) modules for a 410 MWp solar power...

Adani Green wins 1,250 MW pumped storage project in Uttar Pradesh

Author: PPD Team Date: 28/02/2025 Adani Saur Urja (LA) Limited, a subsidiary of Adani Green Energy Limited (AGEL), has received a Letter of Award (LoA) from Uttar Pradesh Power Corporation Limited (UPPCL) for energy storage capacity from the 1,250 MW...

MNRE proposes REEFO for consistent RE funding

Author: PPD Team Date: 27/02/2025 The Ministry of New and Renewable Energy (MNRE) has proposed a renewable energy financing obligation (REEFO) to ensure dedicated financial support for India’s renewable energy sector. Similar to Renewable Purchase...

Torrent Green forms five new subsidiaries for RE projects

Author: PPD Team Date: 27/02/2025 Torrent Green Energy Private Limited (TGEPL), a wholly-owned subsidiary of Torrent Power Limited (TPL), has incorporated five subsidiaries to implement renewable energy (RE) projects in India. The new subsidiaries...

Gensol Engineering plans Rs 3.5 billion sale of US subsidiary

Author: PPD Team Date: 27/02/2025 Gensol Engineering Limited has signed a non-binding term sheet for a Rs 3.5 billion strategic transaction to sell its US subsidiary, Scorpius Trackers, to a major renewable energy solutions provider in the US.  The...

IRFC sanctions loan to NTPC REL for renewable energy projects

Author: PPD Team Date: 27/02/2025 Indian Railway Finance Corporation (IRFC) has sanctioned a rupee term loan of Rs 75 billion to NTPC Renewable Energy Limited (NTPC REL), a subsidiary of NTPC Green Energy Limited.   In January 2025, NTPC REL invited...

IREDA to raise Rs 50 billion via QIP

Author: PPD Team Date: 27/02/2025 The Indian Renewable Energy Development Agency Limited (IREDA) has approved plans to raise up to Rs 50 billion through a qualified institutions placement (QIP) of equity shares in multiple tranches. Additionally...

Jyoti Structures secures Rs 4 bn contract for Adani’s 765 kV transmission line

Author: PPD Team Date: 27/02/2025 Jyoti Structures Limited has received a Rs 3.89 billion Notification of Award (NoA) from Adani Energy Solutions Limited (AESL) for the 765 kV DC transmission line 1B of Boisar II-Pune III.  The contract includes...

Adani, Tata Power to invest Rs 800 billion in Assam’s infrastructure

Author: PPD Team Date: 27/02/2025 Adani Group has announced an investment of Rs 500 billion in Assam for airports, aerocities, city gas distribution, power transmission, cement, and road projects.  The announcement was made at the Advantage Assam 2.0...

Power Mech secures Rs 1.65 billion contract for Koderma power expansion

Author: PPD Team Date: 27/02/2025 Power Mech Projects Limited has secured a Rs 1.65 billion contract from Bharat Heavy Electricals Limited (BHEL) for the 2×800 MW Koderma Thermal Power Expansion Project.  The contract covers main supply, design and...

SECL commissions rapid loading system at Dipka

Author: PPD Team Date: 27/02/2025   South Eastern Coalfields Limited (SECL), a subsidiary of Coal India Limited, has commissioned a rapid loading system and silos at its Dipka megaproject in Chhattisgarh under the First Mile Connectivity (FMC)...

Adani Power receives LoI to acquire Vidarbha Industries Power

Author: PPD Team Date: 26/02/2025 Adani Power Limited received a letter of intent (LoI) from the resolution professional to acquire Vidarbha Industries Power Limited (VIPL) on 24 February 2025.  The acquisition is subject to the terms of the LoI and...

APGCL and Oil India form JV for renewable energy projects

Author: PPD Team Date: 26/02/2025 Assam Power Generation Corporation Limited (APGCL) and Oil India Limited (OIL) have established a joint venture (JV) named APGCL OIL Green Power Limited to develop renewable energy projects in Assam. The JV will...

India plans financial aid for struggling state power utilities

Author: PPD Team Date: 26/02/2025 India is evaluating a financial assistance plan for debt-laden state-run power distribution companies (DISCOMs) to maintain sector stability amid growing electricity demand, according to a Ministry of Power document...

Coal India and EDF sign agreement for renewable and pumped storage projects

Author: PPD Team Date: 26/02/2025 Coal India Limited (CIL) and EDF India Private Limited, a wholly owned subsidiary of Électricité de France SA (EDF), signed a Non-Binding Shareholders Agreement (SHA) Term Sheet on February 23, 2025, to form a joint...

Madhya Pradesh secures investments from SECI, NTPC, Adani

Author: PPD Team Date: 26/02/2025 Madhya Pradesh has signed multiple Memorandums of Understanding (MoUs) with key energy companies at the Global Investors Summit 2025, securing investments across renewable energy, pumped storage, and other...

Tata Power units sign agreement for 21.46 MW solar projects in Odisha

Author: PPD Team Date: 25/02/2025 Tata Power Central Odisha Distribution Limited (TPCODL) and Tata Power Western Odisha Distribution Limited (TPWODL) have signed an agreement with Grid Corporation of Odisha (GRIDCO) and Suryam International Private...

Adani Green commissions 250 MW solar capacity in Rajasthan

Author: PPD Team Date: 25/02/2025 Adani Green Energy Twenty Four Limited (AGE24L), a subsidiary of Adani Green Energy Limited (AGEL), commissioned 250 MW of solar capacity on February 21, 2025. The project is part of the 8,000 MW Inter-State...

Adani Electricity secures top rankings in national assessments for DISCOMs

Author: PPD Team Date: 25/02/2025 Adani Electricity Mumbai Ltd (Adani Electricity) has secured top rankings in three independent national assessments conducted by the Ministry of Power (MoP).  The company ranked first in the 13th Integrated Rating...

Sterlite Power unveils Resonia and Sterlite

Author: PPD Team Date: 25/02/2025 Sterlite Power has introduced two distinct corporate identities, Resonia and Sterlite, as part of a rebranding effort announced at ELECRAMA 2025. Resonia Ltd will focus on transmission infrastructure, expanding...

Recent Posts

India’s first indigenous geothermal power plant to be built in Arunachal

Author: PPD Team Date: 23/07/2025 India’s first fully indigenous geothermal power project will be...

Chandigarh races ahead in solar push with new 4 MWp floating plant

Author: PPD Team Date: 23/07/2025 The Chandigarh Administration is expanding its use of floating...

Centre explores battery storage for thermal power to offset renewable volatility

Author: PPD Team Date: 23/07/2025 The power ministry is examining the use of battery energy storage...

DPE approves leaner board structure for THDC and NEEPCO

Author: PPD Team Date: 23/07/2025 The Department of Public Enterprises (DPE) has approved a...

NTPC REL signs MoU with GEDA for 300 MW RE projects

Author: PPD Team Date: 23/07/2025 NTPC Renewable Energy Limited (NTPC REL) has signed a Memorandum...

Tata Power’s Mundra plant shut since July 1 amid tariff uncertainty

Author: PPD Team Date: 23/07/2025 All five units of Tata Power’s Mundra power plant have remained...

Power Sector News Roundup for July 22, 2025

Author: PPD Team Date: 22/07/2025 Global Digital growth must not outpace sustainability goals, says...

Digital growth must not outpace sustainability goals, says Qatar-backed report

Author: PPD Team Date: 22/07/2025 A report backed by Invest Qatar and Iberdrola Innovation Middle...

Kerala rooftop solar users demand withdrawal of 2025 draft regulations

Author: PPD Team Date: 22/07/2025 The Kerala Domestic Solar Prosumers Community (KDSPC) has called...

Patel Engineering wins Rs 240 crore NHPC contract for Teesta-V hydro project

Author: PPD Team Date: 22/07/2025 Patel Engineering Ltd. has secured a Rs 239.98 crore contract from...