Power Mech Projects Limited has secured a Rs 1.86 billion contract from Jaiprakash Power Ventures Limited (JPVL) to provide operation and maintenance (O&M) services for the 2×660 MW Jaypee Nigrie super thermal power plant in Madhya Pradesh.
The contract covers five years, with a first-year value of Rs 31 million per month. From January 2026, a monthly price escalation will apply based on the wholesale price index.
The Central Electricity Authority has issued guidelines under Section 63 of the Electricity Act, 2003 for tariff-based competitive bidding to procure power from grid-connected Waste to Energy projects. The guidelines set out a uniform process for procurement and seek to support new plants that use municipal solid waste as fuel. The guidelines apply to new…
Bharat Heavy Electricals Limited (BHEL) has received a Letter of Acceptance (LoA) for a contract valued at approximately Rs 2,800 crore from Bharat Coal Gasification and Chemicals Limited (BCGCL). The order is for a syngas purification plant for a coal-to-ammonium nitrate project in Odisha. The contract was awarded on February 10, 2026. It covers the…
The US has opened an anti-dumping and countervailing duty probe into solar module imports from India, Indonesia and Laos, Financial Express reported. The petition was filed by US manufacturers including First Solar, Qcells, Mission Solar and Talon PV. It alleges unfair pricing and subsidies, citing dumping margins of 214 per cent for India.  India exported…
Norwegian renewable company Hydro Energi has settled its long-term power purchase agreement (PPA) with Swedish wind farm operator Markbygden Ett. Originally signed in 2017, the PPA was intended to supply 1.65 TWh annually from 2021 to 2039, backing the financing of Markbygden’s onshore wind park in northern Sweden, which had a projected output of 2.2…
The Assam government has announced a planned investment of Rs 77,353 crore in the power sector under the 2026-27 Budget, with a focus on expanding generation capacity, strengthening transmission and distribution infrastructure, and accelerating renewable energy deployment. Presenting the Budget, Finance Minister Jayanta Mallabaruah identified “Energy Security and Green Growth” as one of the state’s…
India and Nepal have signed key agreements to develop high-capacity cross-border transmission corridors, strengthening electricity trade and regional energy cooperation. Power Grid Corporation of India Limited (POWERGRID) and the Nepal Electricity Authority (NEA) formalised pacts to establish two joint venture entities, one in each country, for implementing the planned projects. The agreements were signed in…