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Reliance Power says operations unaffected after ED attachment reports
Reliance Power Limited has issued a clarification after reports of asset attachment by the Enforcement Directorate. The company said its operations remain unaffected and noted that most of the attached assets, valued at about Rs 101.17 billion, belong to entities that are no longer part of the group. The latest ED action is linked to…
Equinix signs second renewable energy PPA with Sembcorp Power
Equinix has entered its second power purchase agreement with Sembcorp Power to source renewable energy. The project, with a maximum capacity of 58.5 MWp, will be developed on JTC properties on Jurong Island. This includes 60 hectares of vacant land and rooftops of five JTC buildings, such as the Jurong Rock Caverns above-ground facilities and…
ACME arm signs 450 MW FDRE PPAs with SJVN
ACME Greentech Seventh Private Limited, a wholly owned subsidiary of ACME Solar Holdings Limited, has signed two Power Purchase Agreements (PPAs) with SJVN Limited for a total capacity of 450 MW under a Firm and Dispatchable Renewable Energy (FDRE) project. The agreements cover contract capacities of 300 MW and 150 MW. The execution of these…
Inox Green targets 17 GW O&M portfolio by FY27
Inox Green Energy Services Ltd, the operations and maintenance (O&M) arm of the InoxGFL Group, plans to expand its renewable energy O&M portfolio from the current 5 GW to 17 GW by the next financial year, according to executive director Devansh Jain. Jain told Mint that the company will pursue both organic expansion and acquisitions…
CERC proposes third DSM amendment covering wind-solar parity, storage and payment timelines
The Central Electricity Regulatory Commission (CERC) has issued a draft amendment to the Deviation Settlement Mechanism (DSM) and Related Matters Regulations, 2024, proposing changes related to wind-solar (WS) projects, standalone energy storage systems (ESS), and deviation charge payment timelines. The draft Central Electricity Regulatory Commission (Deviation Settlement Mechanism and Related Matters) (Third Amendment) Regulations, 2026,…
India | Generation | NewsPatel Engineering signs MoU to revive 144 MW Gongri hydropower project
Patel Engineering Ltd has signed a Memorandum of Understanding (MoU) with the Government of Arunachal Pradesh for the restoration and development of the 144 MW Gongri Hydropower Project in West Kameng district. The project revival is part of the state’s efforts to expand hydropower capacity in the Northeast. The Gongri Hydroelectric Project is located near…
