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NHPC receives approval for Lanco Teesta Hydro Power merger

NHPC Limited has secured approval from the Ministry of Corporate Affairs (MCA) for the merger of Lanco Teesta Hydro Power with NHPC.  The company also received a second insurance payment of Rs 2.50 billion related to business interruption losses from...

Rajasthan allocates 4,000 hectares for 2,000 MW solar project

Rajasthan Chief Minister Bhajan Lal Sharma has approved the allocation of 4,000 hectares in Bodana village, Jaisalmer district, to the Rajasthan Solar Park Development Company for establishing a 2,000 MW solar power project.  This initiative aligns...

Bank of Baroda secures loan awards for 800 MW solar projects in Gujarat

Bank of Baroda (BoB) received Letters of Award (LoAs) from NLC India Limited to provide Rupee Term Loans (RTL) for two solar projects in Gujarat: 600 MW Khavda Solar PV Project – Phase XX (GUVNL) Loan amount: Rs 26.69 billion at an interest...

Premier Energies wins Rs 1.46 billion solar contracts

Premier Energies Limited’s subsidiaries, Premier Energies Global Environment Private Limited, Premier Energies International Private Limited, and Premier Energies Photovoltaic Private Limited, secured contracts worth Rs 1.46 billion for solar...

Kosol Energie secures Rs 5.57 billion contract for solar module supply in Gujarat

Kosol Energie Private Limited has won a contract from NLC India Limited to supply 393.9 MWp bifacial solar modules for the 600 MW Khavda Solar PV Project-Phase XX (GUVNL) in Gujarat. The firm bid Rs 5.57 billion for the project. NLC invited bids for...

Adani Green Energy begins 57.2 MW wind power project in Gujarat

Adani Green Energy Limited (AGEL) has started commercial operations of a 57.2 MW wind power project under the 9,500 MW Khavda Wind-Solar Hybrid Power Park Project in the Rann of Kutch district, Gujarat, as of January 15, 2025. The project is part of...

JSW Energy wins bid for 3,600 MW Akaltara thermal power project

JSW Energy Limited has been declared the successful applicant for acquiring the 3,600 MW Akaltara (Nariyara) Thermal Power Project (KSK Mahanadi) and received the Letter of Intent (LoI) on January 13, 2025. Located in Nariyara, Akaltara, in the...

CERC issues interstate licence to Powergrid Bhadla Bikaner Transmission

The Central Electricity Regulatory Commission (CERC) has granted an interstate transmission licence to Powergrid Bhadla Bikaner Transmission Ltd (PBBTL), a subsidiary of Power Grid Corporation of India Ltd (PGCIL). The licence, valid for 25 years, is...

Orb Energy surpasses Rs 3 billion in financing for MSMEs’ solar transition

Orb Energy, a vertically integrated solar energy solutions provider, has crossed Rs 3 billion in financing disbursements through its zero-collateral, zero-down-payment in-house finance facility.  This milestone underscores the company’s commitment to...

Sunsure Energy secures Rs 4.16 billion for 150 MW solar park in Maharashtra

Sunsure Energy has achieved financial closure for its 150 MW open access solar park project in Solapur, Maharashtra.  The company secured long-term debt financing of Rs 4.16 billion (USD 48.07 million) from Aseem Infrastructure Finance Limited. The...

UPNEDA revises capacity for distributed solar projects

The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has amended the capacity for grid-connected distributed solar power projects under the Renewable Energy Service Company (RESCO) model from 3,205 MW to 2,553.5 MW. In July 2024...

NVVN invites bids for civil works of 50 MW Andaman & Nicobar Gas Power Project

NTPC Vidyut Vyapar Nigam Limited (NVVN), a subsidiary of NTPC Limited, invited bids on January 11, 2025, for the civil works package of the 50 MW Andaman & Nicobar Gas Power Project. The last date for bid submission is February 4, 2025. The scope...

PGCIL takes over SPV for Kudankulam ISTS Transmission project

PFC Consulting Limited (PFCCL) transferred Kudankulam ISTS Transmission Limited, a special purpose vehicle (SPV), to Power Grid Corporation of India Limited (PGCIL) on January 10, 2025.  The SPV will oversee the development of the transmission system...

Bajel Projects wins contract for 400kV Raipur Tiroda transmission line

Bajel Projects Ltd has been awarded an EPC contract by Adani Energy Solutions Ltd (AESL) for the construction of a 400kV double-circuit (D/C) transmission line, spanning 217 km to connect Raipur in Chhattisgarh to Tiroda in Maharashtra.  The project...

BrightNight commissions first phase of 115 MW hybrid project in Maharashtra

BrightNight has announced the commissioning of the first phase of Optima Maharashtra, a 115 MW hybrid renewable power project located in Dharashiv, southern Maharashtra. The project is one of the first co-located wind-solar projects in the state...

Tolidus Techno partners with Jogindra Group for solar project in Punjab

Tolidus Techno Power has partnered with the Jogindra Group to develop a 110 MWp solar power project, advancing renewable energy adoption in India.  The solar project, a captive open-access ground-mounted system, will serve the energy needs of key...

Adani Energy Solutions achieves 30 per cent transmission network expansion

Adani Energy Solutions achieved significant growth during the latest quarter, expanding its transmission network to 26,485 circuit kilometres (ckm), marking a 29.7% increase from the previous year’s 20,422 ckm.  Its power transformation capacity...

JSW Energy wins resolution plan for KSK Mahanadi Power under CIRP

JSW Energy has been declared the successful applicant for the resolution plan of KSK Mahanadi Power Company (KMPCL) under the corporate insolvency resolution process (CIRP) and has received a letter of intent (LoI). The resolution plan was approved...

O2 Power secures order for 800 MWh BESS project in Rajasthan

O2 Power has secured an order to develop an 800 MWh battery energy storage system (BESS) under the Solar Energy Corporation of India Limited’s competitive bidding for the firm dispatchable renewable energy (FDRE VI) program. The BESS project will be...

MoP releases new guidelines for battery swapping and charging stations

The Ministry of Power has released the ‘Guidelines for Installation and Operation of Battery Swapping and Battery Charging Stations’, aimed at enhancing India’s electric vehicle (EV) ecosystem.  The guidelines promote battery swapping as a faster...

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Power Sector News Roundup for February 5, 2025

Global: Desert Quartzite solar+storage project achieves operational status Amazon and Iberdrola...

Stavian Group to invest USD 22 million in battery storage project in Vietnam

Stavian Group is investing USD 22 million in a Battery Energy Storage System (BESS) project at the...

Amazon and Iberdrola expand renewable energy partnership

  Amazon and Iberdrola have added 476 MW to their global renewable energy partnership, expanding...

Desert Quartzite solar+storage project achieves operational status

EDF Renewables North America (EDFR) and Power Sustainable Energy Infrastructure (PSEI) have...

NTPC signs PPA with Indian Army for solar-hydrogen microgrid in Ladakh

NTPC Limited has signed a Power Purchase Agreement (PPA) with the Indian Army for the sale of 200 kW...

Welspun New Energy to invest Rs 135 billion in Odisha’s energy projects

Welspun New Energy has signed a Memorandum of Understanding (MoU) with the Government of Odisha to...

Budget 2024-25 allocates funds for key power projects

The Budget 2024-25 has allocated funds for various power projects, including thermal, transmission...

Art-PV secures MNRE grant for tandem solar cell manufacturing plant

Art-PV, incubated at IIT Bombay, has received a USD 10 million grant from the Ministry of New and...

CESC Group completes acquisition of power distribution in Chandigarh

Eminent Electricity Distribution Limited (EEDL), a wholly-owned subsidiary of CESC Limited, has...

Indus Towers invests in 50 MW captive solar project

Indus Towers Limited (ITL) has signed an agreement with Amplus Energy Solutions Private Limited to...