Power ministry relaxes location norms for load-serving substations under ISTS
Author: PPD Team Date: April 7, 2025
Author: PPD Team Date: April 7, 2025
The power ministry has relaxed siting norms for load-serving substations under interstate transmission system (ISTS) schemes built through the tariff-based competitive bidding (TBCB) route.
The revised norms apply to new substations—such as switching stations or HVDC terminals—developed by transmission service providers (TSPs). The change follows industry representations and is now reflected in the amended standard bidding documents (SBD), including the request for proposal (RfP) and transmission service agreement (TSA).
Under the updated rule:
The only change is the increased flexibility for load-serving substations. The relaxation aims to ease land acquisition challenges and improve implementation efficiency for ISTS-TBCB projects.
Author: PPD Team Date: December 23, 2024 The Board of Directors (BoD) of Kovalam Investment and Trading Company Limited has approved an investment for setting up decentralised solar power projects in Madhya Pradesh. The decentralised solar power projects would be set up under component A of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) scheme of Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL) in the state.
Author: PPD Team Date: January 27, 2025 THDC declares commercial operation of Unit-1 at 1,320 MW Khurja thermal plant THDC India Limited (THDCIL) has declared the commercial operation date (COD) for Unit-1 of the 1,320 MW Khurja Super Thermal Power Plant (KSTPP) on January 25, 2025. The Khurja STPS is an under-construction, coal-fired supercritical power plant located in Khurja, Bulandshahr, Uttar Pradesh. The plant comprises two units of 660 MW each, and Unit-1 has completed…
Author: PPD Team Date: June 30, 2025 Aseem Infrastructure Finance Limited (AIFL) has raised its first external commercial borrowing and green loan worth $80 million from DBS Bank Limited. The funds will be used to support renewable energy projects across India. DBS Bank acted as the sole mandated lead arranger for the transaction through its IFSC banking unit at GIFT City, Gujarat. It also served as the sole sustainability coordinator, offering structuring support aligned with…
Author: PPD Team Date: February 28, 2025 Photovoltaics (PV) and wind now dominate Europe’s power generation, surpassing fossil fuels, according to the latest Enervis report. However, increasing cannibalization of renewable energy is reducing market revenues for solar and wind power producers. Cannibalization occurs when high solar and wind generation floods the electricity market, driving down prices, sometimes even turning negative. In 2024, this effect was particularly strong in Germany, where PV capture rates dropped to…
Author: PPD Team Date: July 4, 2025 Oswal Energies Limited has kicked off its Rs 3.2 billion green hydrogen project with the delivery of the first 1 MW electrolyser stack. The equipment, supplied by Greenzo Energy India Limited, marks the start of a 20 MW project being developed under a build-operate-transfer model. The project targets the chemical and fertiliser sectors as end users. Oswal plans to commission plant capacities between 0.5 MW and 5 MW…
Author: PPD Team Date: November 5, 2024 Refex Green Power Limited (RGPL), a wholly-owned subsidiary of Refex Renewables & Infrastructure Limited, has acquired the remaining 51% equity stake in Sherisha Solar SPV Two Private Limited. This acquisition increases RGPL’s ownership to 100%, making Sherisha Solar SPV Two a fully-owned step-down subsidiary.