NGEL clears GAIL JV, commissions 300 MW Bhadla solar project
Author: PPD Team Date: January 16, 2026
Author: PPD Team Date: January 16, 2026
NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited, has announced the approval of a new joint venture with GAIL (India) Limited and the commissioning of a large solar power project in Rajasthan, marking two additions to its renewable energy portfolio.
At a board meeting held on January 15, 2026, NGEL approved the formation of a 50:50 Joint Venture Company (JVC) with GAIL (India) Limited. The proposed joint venture is subject to the receipt of required government and regulatory approvals and will focus on the development and execution of renewable energy projects.
In a separate update, NGEL declared the commercial operation of the first 300 MW portion of the 500 MW Bhadla Solar Photovoltaic (PV) Project located at Phalodi in Rajasthan. The commissioning certificate was issued jointly by the Solar Energy Corporation of India (SECI) and the Rajasthan Renewable Energy Corporation Limited (RRECL) on January 14, 2026, with commercial operation effective from January 13, 2026.
Following this commissioning, the commercial capacity of the NGEL group has increased to 8,010.28 MW. The total installed capacity of the NTPC group now stands at 87,287 MW, while its total commercial capacity has reached 86,207 MW.
The featured photograph is for representation only.
Author: PPD Team Date: September 18, 2024 HPL Electric & Power has won an order worth Rs 1.44 billion for the supply of smart and conventional meters. The company, a leading manufacturer of electrical equipment, will execute the order as per the terms of the letter of award (LoA). HPL operates across five key product areas: metering solutions, modular switches, switchgear, LED lighting, and wires and cables. It holds a strong position in the on-load…
Author: PPD Team Date: August 5, 2025 The Indian government is working on a legal framework to enable private participation in nuclear power generation. Opening the sector to private companies would require amendments to key legislations, including the Atomic Energy Act and the Civil Liability for Nuclear Damage Act. Both laws were originally drafted to support only public sector-led development. Currently, nuclear power generation in India is restricted to state-owned entities, primarily the Nuclear Power…
Author: PPD Team Date: June 11, 2025 Union Minister Shri Manohar Lal outlined key achievements and forward-looking reforms in the power sector during a press conference in New Delhi. Marking 11 years of sectoral transformation, the minister said India is now power sufficient and progressing toward surplus, with plans to achieve 100% household electrification. India meets peak demand with zero shortage India successfully met a peak power demand of 241 GW on June 9, 2025,…
Author: PPD Team Date: April 29, 2025 The joint venture (JV) of Rays Power Infra Private Limited and Insolation Energy Limited has secured an engineering, procurement, and construction (EPC) contract from Assam Power Distribution Company Limited (APDCL) to set up a 125 MW solar power project. This project is part of the 1,000 MW Khagarijan Solar Power Project under the Mukhya Mantri Sauro Shakti Prokolpo scheme. The scope includes design, engineering, supply, construction, erection, testing,…
Author: PPD Team Date: July 29, 2025 Waaree Energies and KEC International have reported strong financial performance for the first quarter, driven by improved profitability and healthy revenue growth. Waaree Energies posted a 20.3 per cent sequential rise in net profit to Rs 745 crore, compared to Rs 619 crore in the previous quarter. Revenue rose 10.5 per cent quarter-on-quarter to Rs 4,425 crore. EBITDA increased by 73.4 per cent to Rs 997 crore, with…
Author: PPD Team Date: August 25, 2025 Neo Group’s flagship infrastructure fund, Neo Infra Income Opportunities Fund (NIIOF), has acquired SolarArise India Projects Pvt. Ltd from ThomasLloyd Energy Impact Trust for an enterprise value of Rs 1,400 crore, according to Mint. The deal adds 433.5 MWp of operational solar assets across Maharashtra, Uttar Pradesh, Madhya Pradesh, Karnataka, and Telangana. NIIOF, a Securities and Exchange Board of India (SEBI) Category II Alternative Investment Fund, said the…