NTPC begins commercial operations of 25 MW in Gujarat Solar project
Author: PPD Team Date: January 21, 2025
Author: PPD Team Date: January 21, 2025
NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited, commenced commercial operations of 25 MW capacity under the 200 MW Gujarat Solar PV Project-Phase XI in Sadla on January 17, 2025.
NTPC won the 200 MW capacity bid for GUVNL’s Phase-XI project in December 2020 at a tariff of Rs 1.99 per kWh.
The project, part of GUVNL-I, involves the development of 200 MW grid-connected solar photovoltaic power projects in Gujarat. GUVNL has signed a 25-year power purchase agreement (PPA) with the successful bidders from the scheduled commercial operation date.
Author: PPD Team Date: October 30, 2025 KPI Green Energy Limited has received a Letter of Intent from UAE-based FVE Lifecare General Trading LLC, part of the F Plus Group, for a 600 MW Round-the-Clock (RTC) Green Power Project valued at about Rs 1,050 crore. The agreement follows an earlier MoU with F Plus Healthcare Technologies. The project will supply captive and group-captive renewable power for F Plus facilities worldwide and may be structured through…
Author: PPD Team Date: September 16, 2025 Serentica Renewables, backed by KKR, has signed a binding agreement to acquire the Indian solar business of Norway-based Statkraft. The deal value was not disclosed, but sources estimate the enterprise value at around Rs 2,000 crore. The acquisition will expand Serentica’s operational capacity to 1.5 GW, supporting its plan to reach 17 GW by 2030. Statkraft’s Indian solar portfolio includes 445 MW of operating projects in Bikaner and…
Author: PPD Team Date: February 12, 2025 Bharat Heavy Electricals Limited (BHEL) posted a net profit of Rs 1.35 billion for the quarter ending December 2024, marking a 125 per cent increase from Rs 0.60 billion in the same quarter last year. The company’s total income rose by 31.87 per cent to Rs 73.85 billion, compared to Rs 56 billion in the corresponding period of the previous year. Reliance Power Limited reported a net profit…
Author: PPD Team Date: March 7, 2025 ANDRITZ has secured an order from Rostock EnergyPort Cooperation GmbH (REPCO) to engineer a 100 MW green hydrogen plant in Rostock, Germany. REPCO is a joint venture of RWE Generation SE, EnBW Neue Energien GmbH, RheinEnergie AG, and Rostock Port GmbH. Once the notice to proceed is received, ANDRITZ will deliver the project on an engineering, procurement, and construction (EPC) basis. The scope includes the green hydrogen production…
Author: PPD Team Date: January 5, 2026 Inox Clean Energy Limited (Inox Clean), through its subsidiary Inox Neo Energies Limited (Inox Neo), has acquired 250 MWp of operational solar projects from SunSource Energy Private Limited (SunSource), a subsidiary of Netherlands based SHV Energy. A further ~50 MWp acquisition is under review. The projects, located across 13 states, supply power under long-term agreements to commercial and industrial clients, including Britannia Industries and Hitachi Energy. This purchase…
Author: PPD Team Date: February 16, 2026 NLC India Limited (NLCIL) has signed a Memorandum of Understanding (MoU) with National Aluminium Company Limited (NALCO) to jointly develop thermal and renewable energy projects. The agreement is intended to meet NALCO’s long-term power requirements through cost-effective and sustainable energy solutions. The MoU was formalised on February 14, 2026, in Mahabalipuram in the presence of senior officials from both Central Public Sector Enterprises (CPSEs). NLCIL was represented by…