Power Ministry revises bidding norms for wind-solar hybrid projects
Author: PPD Team Date: February 24, 2025
Author: PPD Team Date: February 24, 2025
The Ministry of Power has amended the tariff-based competitive bidding process for wind-solar hybrid projects to improve project execution and grid integration.
Under the revised guidelines, procurers can specify designated interstate and intrastate transmission system substations where developers must connect their hybrid power projects. The provisions for change in law now align with the Electricity (Timely Recovery of Costs due to Change in Law) Rules, 2021, ensuring financial clarity for developers.
To enforce compliance with the minimum capacity utilisation factor (CUF), generators failing to meet the required CUF for two consecutive years will face penalties equivalent to 24 months’ tariff, or the power purchase agreement may be terminated.
Author: PPD Team Date: July 10, 2025 The Uttarakhand cabinet has approved the Uttarakhand Geo-Thermal Energy Policy 2025 to promote scientific research and development of geothermal energy resources in the state. The decision was made at a cabinet meeting chaired by Chief Minister Pushkar Singh Dhami on July 9, 2025, according to Hindustan Times. The policy aims to utilise geothermal sites for power generation, heating and cooling, water purification, and community development. The energy department…
Author: PPD Team Date: February 25, 2025 Adani Electricity Mumbai Ltd (Adani Electricity) has secured top rankings in three independent national assessments conducted by the Ministry of Power (MoP). The company ranked first in the 13th Integrated Rating Exercise by the Power Finance Corporation (PFC), earned an A+ grade in the Consumer Service Rating of DISCOMs (CSRD) by the Rural Electrification Corporation (REC), and was recognized as India’s top urban and overall utility in the…
Author: PPD Team Date: November 4, 2024 Swedish nuclear power company Blykalla has joined forces with engineering giant ABB to develop an electric small modular reactor (SMR) pilot facility in Oskarshamn, southern Sweden. The companies signed a Memorandum of Understanding (MOU) to collaborate on SMR technology that aligns with Sweden’s clean energy and decarbonisation goals. This initial project will focus on constructing a testing facility for Blykalla’s SEALER-E prototype, an electric lead-cooled fast reactor (LFR),…
Author: PPD Team Date: December 31, 2024 Denmark’s Vestas has secured an order to supply 21 V236-15.0 MW turbines for the 315 MW Oga Katagami Akita Offshore Wind Project in Japan’s Akita Prefecture. The deal includes a long-term service agreement to optimise turbine performance. This marks Vestas’ first firm order for its V236-15.0 MW turbine in the Asia-Pacific region and its first project under Japan’s offshore wind auctions based on the Renewable Energy Sea Area…
Author: PPD Team Date: August 3, 2024 HPL Electric & Power Ltd announced that its outstanding order book as of July 30, 2024, stands at over Rs. 37 billion. This substantial order book indicates a strong pipeline, ensuring sustained revenue generation and growth opportunities for the company. The company has bolstered its leadership in the smart metering sector, reporting a 35.67% year-on-year increase in revenue from its Metering, Systems & Services segment. This growth is…
Author: PPD Team Date: November 19, 2024 The Central Electricity Regulatory Commission (CERC) has issued the draft CERC (Terms and Conditions for Purchase and Sale of Carbon Credit Certificates) Regulations, 2024. The regulations aim to establish a structured framework for trading carbon credit certificates (CCCs) on power exchanges, applicable to both obligated and non-obligated entities. Under the draft, the Grid Controller of India will serve as the registry for CCC exchanges, while the Bureau of…