PGCIL and Adani Energy qualify for Khavda transmission project
Author: PPD Team Date: December 24, 2024
Author: PPD Team Date: December 24, 2024
Power Grid Corporation of India Limited (PGCIL) and Adani Energy Solutions Ltd have emerged as qualified bidders for the Augmentation of transformation capacity at KPS1 (GIS) and KPS2 (GIS) (Phase-V Part B1 and Part B2 scheme).
REC Power Development and Consultancy Limited (REC PDCL) is the bid process coordinator (BPC) for selecting a transmission service provider (TSP) through a tariff-based competitive bidding (TBCB) process.
The project’s special purpose vehicle (SPV) is Khavda V-B1B2 Power Transmission Limited.
Author: PPD Team Date: May 21, 2025 HR Godavari Private Limited, the special purpose vehicle (SPV) of Hinduja Renewables Energy Private Limited, has signed two power purchase agreements (PPAs) with Lloyd Metals and Energy Limited. These PPAs cover the supply of 60.7 MW (86.05 MWp) of solar power under a captive model. The agreements include one PPA for 10.7 MW (16.05 MWp) and another for 50 MW (70 MWp) of solar capacity. Both projects will…
Author: PPD Team Date: March 20, 2026 Patel Engineering Limited (PEL) has received a Letter of Award from Himachal Pradesh Power Corporation Limited (HPPCL) for Package 1 of the Renukaji Dam Project, valued at Rs 910.08 crore including GST, converting its lowest bidder position secured in February into a formal contract award. The project is located at Village Dadahu, Tehsil Renuka, District Sirmaur, Himachal Pradesh, with a completion timeline of 30 months. Scope of work…
Author: PPD Team Date: December 10, 2025 Global Infrastructure Partners, part of BlackRock, will invest up to Rs 3,000 crore in Aditya Birla Renewables Limited. The company has said that the investment values the platform at about Rs 14,600 crore. GIP will provide Rs 2,000 crore in stages through compulsory convertible preference shares and equity shares. It also holds a greenshoe option to add Rs 1,000 crore in equity. Essel Mining and Industries Limited will…
Author: PPD Team Date: March 3, 2026 Maharashtra State Electricity Distribution Company Limited (MSEDCL), also known as Mahavitaran, has fixed a benchmark installation rate of Rs 45,450 per kW for residential rooftop solar systems under the Swayampurna Maharashtra Residential Rooftop Solar (SMART) scheme. The rate was discovered through a competitive tender and is about Rs 15,000 lower than the prevailing market price of Rs 60,000 per kW and Rs 4,550 below the earlier state estimate…
Author: PPD Team Date: January 3, 2025 The Welsh Government has awarded £10m in grants to 32 local green energy projects as part of the Ynni Cymru (Energy Wales) scheme. The funding supports community-owned renewable energy and smart local energy systems (SLES), which integrate various energy assets to enhance efficiency. The selected projects include solar panels, battery storage, heat pumps, and electric vehicle charging points. The funding aims to promote smarter energy usage across schools,…
Author: PPD Team Date: September 9, 2025 Engie India has signed a power purchase agreement with NTPC Limited for the supply of 300 MW of solar power. The project was awarded through a competitive bidding process conducted by REC Power Development and Consultancy for 1,250 MW of inter-state transmission system-connected solar projects under Tranche I. Engie secured the capacity at a tariff of Rs 2.55 per kWh. Separately, NTPC has signed a memorandum of agreement…