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NTPC declares 100 MW solar unit at Ramagundam operational
NTPC Limited has declared commercial operation of 100 MW from its solar photovoltaic project at Ramagundam in Telangana, effective 00:00 Hrs. on May 2, 2026. The commissioned capacity is part of a larger 176 MW solar PV project at the same location. The unit was brought online following the successful completion of commissioning activities. With…
Four firms win bids for 250 MW wind projects under GUVNL Phase-IX
Four developers have won contracts to set up a total of 250 MW grid-connected wind power projects across India under Phase IX of Gujarat Urja Vikas Nigam Limited (GUVNL). The bidding was finalised on April 23, 2025. KPI Green Energy Limited secured 100 MW at a tariff of Rs 3.64 per kWh. Juniper Green Energy…
Masdar strengthens European presence with two Iberian acquisitions
Masdar has expanded its footprint in Europe by completing two acquisitions in the Iberian Peninsula. Along with its institutional partners, Masdar acquired Saeta Yield from Brookfield Renewable Partners for an enterprise value of €1.2 billion and an equity value of €696 million. Saeta’s portfolio includes 745 MW of wind assets, with 538 MW in Spain,…
COP29: IEEFA pushes banks to reorient lending for renewables, $400 billion annual funding shortfall
The Institute for Energy Economics and Financial Analysis (IEEFA) has urged global action at the 29th Conference of Parties (COP29), emphasizing a $400 billion annual investment gap to meet renewable energy targets by 2030. Labelling COP29 as the “climate finance COP,” IEEFA’s new briefing highlights the need for policies incentivizing banks to redirect lending toward…
Sapher partners with Punjab government for solar farm development
Sapher has partnered with the Punjab government to develop solar farms in high-potential locations such as Fazilka and Ferozepur. This initiative is being executed in collaboration with Punjab Generation Company, a wholly-owned subsidiary of the Punjab Energy Development Agency. The goal is to boost the state’s renewable energy capacity while addressing challenges associated with canal-based…
PGCIL and MEIL shortlisted for Karnataka transmission project
Power Grid Corporation of India Limited (PGCIL) and Megha Engineering and Infrastructures Limited (MEIL) are technically qualified for the selection of the transmission service provider (TSP) for the Augmentation of transformation capacity by 3×500 MVA, 400/220 kV ICTs (6th-8th) and 1×1,500 MVA, 765/400 kV ICT (4th) at Bidar PS in Karnataka. The selection is conducted…
