Power Sector News Roundup for June 20, 2025
Author: PPD Team Date: June 20, 2025
Author: PPD Team Date: March 9, 2026 KPI Green subsidiary signs BESPA with GUVNL for 445 MW BESS projects KPI Green Energy Limited announced that its subsidiary, Sun Drops Energia Limited, has signed a Battery Energy Storage Purchase Agreement (BESPA) with Gujarat Urja Vikas Nigam Limited (GUVNL) for standalone battery energy storage system (BESS) projects. The agreement covers projects with an aggregate capacity of 445 MW / 890 MWh across multiple locations in Gujarat. The…
Author: PPD Team Date: October 10, 2025 Global: Brookfield raises USD 20 billion for second global transition fund AIIB approves $52m loan for Sri Lanka’s Kerawalapitiya-Port L transmission line India: MoP releases Draft Electricity (Amendment) Bill 2025 Sembcorp to acquire 300 MW ReNew solar project in Rajasthan KPI Green Energy wins LoA for 100 MW solar project India becomes third-largest solar power producer with 125 GW capacity NTPC and Avaada commit to large-scale solar, wind,…
Author: PPD Team Date: February 26, 2026 MoP extends deadline for comments on draft National Electricity Policy 2026 The Ministry of Power (MoP) has extended the deadline for submission of comments and suggestions on the draft National Electricity Policy, 2026 by one month to March 19, 2026. The draft policy was circulated on January 20, 2026 with an initial thirty day deadline ending February 19, 2026. In an office memorandum dated February 25, 2026, MoP…
Author: PPD Team Date: August 4, 2025 India: Ministry of Power scraps Uniform Renewable Energy Tariff Supreme Court directs coordinated plan to cut emissions from coal power plants India developing three types of SMRs; eyes export push after UK trade deal Arunachal Pradesh targets 13 new hydropower projects Q1 FY26 results: PowerGrid, Tata Power, Coal India, Adani Power, ABB India NHPC invites bids for planning and design of Sawalkote hydro project Yadadri thermal plant Unit‑1…
Author: PPD Team Date: June 26, 2025 Global: DGPC signs MoU with B.Grimm to develop renewable energy in Bhutan India: Servotech and Solarium secure rooftop solar contracts India opens EV manufacturing scheme portal to attract global players Adani to invest up to USD 20 billion yearly for 100 GW by 2030 L&T raises Rs 5 billion via India’s first ESG bonds, wins USD 50 million contract Maharashtra to cut electricity tariffs by 26% over five…
Author: PPD Team Date: March 20, 2026 Maharashtra notifies RE and storage policy with 65% target by FY36 The Government of Maharashtra has notified the Maharashtra Renewable Energy and Energy Storage Policy 2025-26 to 2035-36 through a resolution dated March 18, 2026. The policy targets renewable energy to meet 65% of the state’s electricity demand by FY 2035-36, with demand projected to reach about 350–360 billion units. It requires distribution companies to procure storage capacity…