NTPC, Opera Energy win NHPC’s 125 MW BESS auction in Kerala
Author: PPD Team Date: May 29, 2025
Author: PPD Team Date: May 29, 2025
NHPC Limited has concluded its auction for 125 MW/500 MWh of standalone battery energy storage systems (BESS) to be connected to Kerala’s intrastate transmission network.
NTPC Green Energy Limited (NGEL) secured two projects totaling 80 MW/320 MWh. The first project, 40 MW/160 MWh at Pothencode substation, was awarded at a tariff of Rs 457,000 per MW per month. The second, 40 MW/160 MWh at Sreekantapuram substation, was awarded at Rs 434,000 per MW per month.
Opera Energy Private Limited won the third project of 15 MW/60 MWh at a tariff of Rs 438,000 per MW per month.
The projects are expected to support grid stability, peak demand management, and integration of renewable energy in Kerala’s power system.
Author: PPD Team Date: November 10, 2025 Reliance NU Energies, the renewable energy subsidiary of Reliance Power, has seen major leadership changes with the resignation of Chief Executive Officer Mayank Bansal and Chief Operating Officer Rakesh Swaroop. Their departure comes less than a year after the company’s establishment in December 2024. Bansal and Swaroop, both of whom previously held senior positions at ReNew, stepped down on September 30. Around a dozen other executives have also…
Author: PPD Team Date: April 15, 2026 The Ministry of New and Renewable Energy (MNRE) has updated the Approved List of Module Manufacturers (ALMM-II) for solar cells, adding Reliance Industries Limited and Jupiter Solartech Private Limited, along with a capacity revision by Websol Energy System Limited. Reliance Industries Limited has been enlisted for its Jamnagar, Gujarat facility with 1,238 MW per year of heterojunction technology (HJT) solar cells. The cells are based on a 210…
Author: PPD Team Date: March 26, 2025 Indian Renewable Energy Development Agency Limited (IREDA) has raised Rs 9.1 billion through privately placed subordinated Tier-II bonds. The bonds, issued with a 10-year tenure, carry an annual coupon rate of 7.74 per cent. The capital raised will enhance IREDA’s Tier-II capital, strengthening its net worth and improving its capital to risk-weighted assets ratio. The funds will be utilized to enhance liquidity in the financial market and support…
Author: PPD Team Date: June 17, 2025 The Ministry of Coal has allocated its 200th coal mine, marking a major milestone in India’s ongoing coal sector reforms. The Marwatola–II coal block has been awarded to Singhal Business Private Limited. The Nominated Authority stressed the Ministry’s focus on making investment easier, cutting down red tape, and speeding up the operationalisation of coal blocks. In recent years, the Ministry has rolled out key reforms. These include commercial…
Author: PPD Team Date: December 19, 2024 Nexamp has announced a partnership with Walmart to develop 31 community solar projects across the United States, expected to generate over 120 MW (DC) of renewable energy. This collaboration is their second, following a previous joint effort in 2021 for community solar projects in New York. The new solar farms, located in Maine, Massachusetts, New York, Illinois, and Minnesota, aim to provide affordable renewable energy to local businesses…
Author: PPD Team Date: December 13, 2024 Bajel Projects (BPL) has been awarded a contract by Solapur Transmission for the supply of goods and services related to a new substation in Solapur, Maharashtra. The contract includes EPC work covering design, engineering, manufacturing, supply, erection, civil work, testing, and commissioning for the 400/220 KV Solapur pooling station and the establishment of two 400 KV Line Bays under Power Grid Solapur. The project is scheduled for completion…