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Why cheaper power in Jharkhand may still not lower electricity bill
The Jharkhand State Electricity Regulatory Commission (JSERC) has amended its tariff regulations to allow distribution licensees to retain savings arising from lower power procurement costs instead of passing them on to consumers, provided the utility has an approved and subsisting regulatory asset or revenue gap during the same financial year. The amendment introduces Clause 10.46a…
Waaree Technologies secures order for 530 solar kits from group firm
Waaree Technologies Limited has received a purchase order from Waaree Renewable Technologies Limited for 530 solar kits, comprising batteries and solar-powered street lights. The order is scheduled for delivery within eight weeks and has been conducted on an arm’s length basis.
Three new renewable energy deals signed for wind and solar projects
India’s renewable energy sector continues to expand with new agreements in wind and solar power. Datta Power Infra, Solarium Green Energy Limited, and Jubilant Infrastructure Limited have each secured deals to support clean energy deployment across the country. Datta Power Infra has signed a power purchase agreement (PPA) with state-owned SJVN to develop a 70…
HARTEK secures 400 MW solar EPC project in Rajasthan
HARTEK’s Renewables Business Unit has secured a 400 MW utility-scale solar Engineering, Procurement and Construction (EPC) project in Rajasthan. The project will be executed in two phases, comprising two solar power plants of 200 MW each, with a total installed capacity of 299.2 MWac/400 MWdc. Project scope Beyond constructing the solar generation assets, Hartek Power…
Bondada Engineering receives Rs 1.08 billion contract for solar streetlights
Bondada Engineering Limited has secured a Rs 1.08 billion work order from the Bihar Renewable Energy Development Agency (BREDA) for the design, supply, installation, testing, and commissioning of smart solar streetlight systems across rural Bihar. The project, under the Mukhyamantri Gramin Solar Streetlight Yojana, includes a five-year comprehensive maintenance contract and the integration of remote…
Aditya Birla Renewables to acquire Sprng Energy from Shell for Rs 17,200 crore
Aditya Birla Renewables Limited (ABRen), a subsidiary of Grasim Industries Limited, has signed a definitive agreement to acquire 100% equity shares and securities of Solenergi Power Private Limited, which owns the Sprng Energy group of companies, from Shell Overseas Investment B.V., a wholly owned subsidiary of Shell plc. The transaction, valued at an enterprise value…
