Power Sector News Roundup for July 2, 2025
Author: PPD Team Date: July 2, 2025
Author: PPD Team Date: November 4, 2025 India 93 GW renewable backlog triggers government action on unsigned PPAs and PSAs The Ministry of Power has instructed Renewable Energy Implementing Agencies (REIAs) to close or cancel pending renewable energy bids and Letters of Award (LoAs) by November 30, 2025, where Power Purchase Agreements (PPAs) or Power Sale Agreements (PSAs) cannot be signed. The move follows a review chaired by Secretary (Power) Pankaj Agarwal on October 17,…
Author: PPD Team Date: September 4, 2025 India: Inox Green adds 189 MWp solar O&M contracts across three states KP Group partners with GH2 Solar and AHES for 100,000 TPA green ammonia plant Waaree Energies buys stake in Kotsons, expands into transformer business Ashok Leyland to invest Rs 50 bn in battery localisation BHEL receives 2,600 crore order for 800 MW Anuppur thermal project RECPDCL invites bids for Jalna transmission project in Maharashtra
Author: PPD Team Date: July 27, 2025 India: Supreme Court exempts power sector regulators’ fees from GST Vena Energy signs India’s first load-following RE PPA with SECI Inox Wind secures 51 MW turbine order from First Energy for Tamil Nadu project BNC Power wins Rs 4.29 billion EPC contract for solar park in Rajasthan YamnaCo signs MoU for green ammonia project in Andhra Pradesh Navitas Solar receives Rs 404.8 million from Parishi Capital to expand…
Author: PPD Team Date: March 26, 2026 REC approves Rs 1.6 lakh crore borrowing plan for FY27 The board of REC Limited has approved a market borrowing programme of up to Rs 1.6 lakh crore for FY27. The programme includes long-term bonds and non-convertible debentures (NCDs), external commercial borrowings (ECBs), green bonds, ESG bonds, short-term loans, and commercial papers. Long-term bonds and NCDs are capped at Rs 1,00,000 crore, while ECBs and related funding are…
Author: PPD Team Date: November 12, 2025 India ReNew Energy net profit declines 5%, Torrent Power and others post strong Q2 growth ReNew Energy reported a 5.3% year-on-year decline in consolidated net profit to Rs 467.5 crore for Q2 FY26, compared to Rs 493.9 crore a year earlier, even as total income increased to Rs 3,855.7 crore from Rs 2,988.7 crore, driven by higher revenue across segments. The company’s solar module and cell manufacturing business…
Author: PPD Team Date: August 22, 2025 Global: US solar stocks rise after Treasury eases subsidy rules India: NTPC secures land in three states for nuclear power projects India to add 97 GW coal and lignite power capacity by FY35 Public hearing held for 1,200 MW Kalai-II hydropower project in Arunachal ISA to establish 17 centres of excellence and a global solar hub in India VSL Renewable wins 810 MWp solar NTPC’s O&M contract ACME…