Power Sector News Roundup for March 21, 2025

Author: PPD Team Date: 10/06/2025 Global: Indonesia plans 69.5 GW new capacity by 2034 India: JSW signs wind PPA with Adani, commissions 281 MW hybrid project NTPC signs solar PPA with UPPCL, commissions 110.52 MW at Khavda NTPC commissions 193 MW at Nokh solar park NHPC starts commercial ops for 53.57 MW solar in Bikaner Envision to supply WTGs to Purvah Green REC gets CBDT nod to issue Rs 50 billion zero coupon bonds NHPC…

Author: PPD Team Date: 25/03/2025 Global: China falls short on carbon target, raising climate concerns India: PGCIL invites bids for undersea power cable package for offshore wind project in Gujarat Adani Green commissions 500 MW solar power capacity in Rajasthan Ayana Renewables to raise Rs 1.5 billion via non-convertible debentures SECI awards green hydrogen production capacity under SIGHT Tranche-II Hero MotoCorp to invest Rs 5.25 billion in Euler Motors Avaada Group secures PPAs for 14…

Author: PPD Team Date: 21/01/2025 Global: Portugal plans 10GW offshore wind cluster in Atlantic Ocean Plenitude acquires 49% stake in California solar and storage projects India: Six firms submit bids for Dibang Multipurpose Project’s main dam construction IREDA signs joint venture for Upper Karnali hydroelectric project in Nepal IREDA reports Rs 4.25 billion net profit in Q3 FY25, up 26.48% Waaree Renewables posts Rs 0.53 billion net profit in Q3 FY25, down 17.18% SWERL reports…

Author: PPD Team Date: 13/05/2025 Global: AIIB, ADB, and AIF partner to boost ASEAN infrastructure and power grid India: NCT clears three interregional transmission projects worth Rs 38.4 billion EAC recommends ToR for four pumped storage projects Venus Pipes secures contract for boiler tubes in thermal projects Centre approves Rs 3.84 billion transmission project for Pakaldul HEP NHPC to develop 2,000 MW pumped storage in Rajasthan UP and MP float bids for 6,100 MW power…

Author: PPD Team Date: 12/01/2025 Global: Canadian Solar to supply 2GWh of battery storage for CIP in UK Estuary Power secures financing for Escape solar project in Nevada Exus acquires Lightsource bp’s 130MWp Cibele solar farm in Portugal LS Power acquires Algonquin’s renewable energy business Apex Clean Energy and NYSERDA make REC agreement for Heritage Wind Toshiba secures equipment order for Indonesia’s Patuha geothermal plant Uniper completes sale of 428MW gas-fired plant in Hungary to…