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Power Grid acquires Khavda V-A transmission project
Power Grid Corporation of India Ltd (PGCIL) acquired “Khavda V-A Power Transmission Ltd” from REC Power Development & Consultancy Ltd (RECPDCL) on November 19, 2024. This project, valued at Rs 250 billion, is the largest interstate transmission system (ISTS) scheme awarded under the tariff-based competitive bidding (TBCB) mechanism. The project is India’s first TBCB-awarded transmission…
CEA flags widespread non-compliance with mandatory transformer standards
The Central Electricity Authority (CEA) has flagged continued non-compliance by power utilities with mandatory transformer and reactor rating standards, warning that deviations are causing procurement delays, higher costs, and reduced competition. In a letter dated 24 January 2026, the CEA directed utilities and generation companies to strictly adhere to its standard specifications for transformers and…
POWERGRID acquires Bellary Davanagere transmission SPV
Power Grid Corporation of India Limited (POWERGRID) has completed the acquisition of Bellary Davanagere Power Transmission Limited, a project-specific special purpose vehicle (SPV) formed for “Transmission system strengthening for integration of additional RE potential at Davanagere (0.25 GW) and Bellary (2.75 GW).” The transaction was finalised on February 12, 2026, after POWERGRID emerged as the…
Eco Wave Power launches first onshore wave energy project in US
Eco Wave Power, in collaboration with AltaSea and Shell Marine Renewable Energy, has launched the first onshore wave energy project in the United States at the Port of Los Angeles. The project is currently in the demonstration phase and is intended to pave the way for future commercial-scale operations. The site features floaters designed to…
KPI Green secures 15.9 MWp solar projects under CPP segment
Sun Drops Energia Private Limited, a wholly-owned subsidiary of KPI Green Energy Limited, has received Letters of Award (LoAs) for developing 15.9 MWp solar power projects under the Captive Power Producer (CPP) segment in India. The projects have been awarded by Mexo Fiber Private Limited, M S Rayons Private Limited, Maharaja Industries, Gautam Casting Industries…
NLC India commissions first unit of Ghatampur thermal plant
NLC India (NLCIL) has commenced commercial operations of the first 660 MW unit of its 3×660 MW Ghatampur Thermal Power Plant (GTPP) in Uttar Pradesh. The unit, which completed its trial operation on 7 December 2024, began commercial operations on 12 December 2024. This is the first fossil fuel-based thermal power plant commissioned in India…
