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CERC proposes phased shift in deviation settlement for wind and solar generators
The Central Electricity Regulatory Commission (CERC) has issued a draft order proposing changes to the way deviations for wind and solar generators are calculated under the Deviation Settlement Mechanism (DSM). The new approach will come into effect from April 1, 2026. The DSM Regulations, 2024, notified last year, already provide for a reduction in tolerance…
Adani, Azure, ACME plants found non-compliant after grid disturbances
The Northern Regional Load Despatch Centre (NRLDC) has identified multiple renewable energy generating stations that failed to comply with Low Voltage Ride Through (LVRT) and High Voltage Ride Through (HVRT) requirements during two major grid disturbance events in April and May 2026. The findings were presented during the latest meeting of the Renewable Energy Sub-Committee…
NTPC begins 37.5 MW operations at Gujarat solar project
NTPC Renewable Energy Ltd (NTPC REL), a step-down subsidiary of NTPC Ltd, has commenced commercial operations of 37.5 MW capacity, the first part of its 200 MW Gujarat Solar PV Project in Sadla, Gujarat, effective December 21, 2024. This addition increases NTPC Group’s total installed and commercial capacity to 76,598.18 MW. NTPC aims to achieve…
Reliance Power to develop 500 MW solar project in Bhutan with DHI
Reliance Power Limited has signed a commercial term sheet for a long-term power purchase agreement (PPA) with Green Digital Private Limited (GDL), a subsidiary of Druk Holding and Investments Limited (DHI). DHI is the investment arm of the Royal Government of Bhutan. The agreement outlines a 50:50 joint venture between Reliance Power and DHI to…
PGCIL takes over SPV for Kudankulam ISTS Transmission project
PFC Consulting Limited (PFCCL) transferred Kudankulam ISTS Transmission Limited, a special purpose vehicle (SPV), to Power Grid Corporation of India Limited (PGCIL) on January 10, 2025. The SPV will oversee the development of the transmission system under the Interstate Transmission System (ISTS) for evacuating power from Kudankulam Unit 3 and Unit 4 (2×1000 MW). PFCCL,…
NTPC forms SPV to develop nuclear power plants
On January 7, 2025, NTPC Limited incorporated NTPC Parmanu Urja Nigam Limited (NPUNL), a special purpose vehicle (SPV) for the implementation of Nuclear Power Plants (NPPs). The Ministry of Power (MoP) has confirmed the approval for the SPV formation, with concurrence from the Department of Investment and Public Asset Management (DIPAM) and NITI Aayog. The…
