Power Sector News Roundup for November 7, 2025
Author: PPD Team Date: November 7, 2025
India
BHEL secures Rs 6,650 crore EPC order for Darlipali Stage-II project
Bharat Heavy Electricals Limited (BHEL) has secured an engineering, procurement, and construction (EPC) order worth over Rs 6,650 crore from NTPC Limited for the 1×800 MW Darlipali Supercritical Thermal Power Project Stage-II in Odisha. The contract, awarded through international competitive bidding, covers design, engineering, equipment supply, erection, commissioning, and civil works. Completion is scheduled within 48 months.
Pahal Solar announces 112 MW solar module order
Pahal Solar Private Limited announced an order for 112 MW of 600 Wp NDCR solar modules from a South India-based client. The deal was confirmed during the Renewable Energy India (REI) Expo in October 2025. The company said its AI-assisted TOPCon bifacial panels are driving new demand. Construction has also begun on a 2 GW solar cell plant and a 2 GW aluminium frame facility in Surat, Gujarat. Once operational, total capacity will reach 4.4 GW in FY26.
SJVN completes trial run of 660 MW Buxar thermal unit in Bihar
SJVN Limited has completed the 72-hour trial run of Unit-1 (660 MW) of the 1,320 MW Buxar Thermal Power Project in Bihar. The milestone enables commercial operations to begin shortly. The Rs 13,756.56 crore supercritical project, developed by SJVN Thermal Private Limited, will supply 85 per cent of power to Bihar. It is expected to generate 9,828.72 million units annually. SJVN’s board will meet on November 10 to consider its Q2 FY25 results and a proposal to raise funds through asset securitisation.
Vedanta secures 500 MW power supply contract from Tamil Nadu utility
Vedanta Limited’s power units, Meenakshi Energy and Vedanta Limited Chhattisgarh Thermal Power Plant, have jointly secured a 500 MW Power Purchase Agreement (PPA) from Tamil Nadu Power Distribution Corporation (TNPDCL). The five-year contract, priced at Rs 5.38 per kWh, will run from February 2026 to January 2031. Meenakshi Energy will supply 300 MW and VLCTPP 200 MW. Both units were recently revived and operationalised by Vedanta. The company said the PPA supports its thermal portfolio ahead of the planned demerger of Vedanta Power.
MP launches Samadhan Yojana to recover Rs 120 billion in power dues
The Madhya Pradesh government has launched Samadhan Yojana 2025–26, a one-time settlement scheme to recover Rs 120 billion in unpaid electricity dues. It offers surcharge waivers of up to 90% for domestic and agricultural consumers and up to 80% for non-domestic and industrial users. Payments made before December 31, 2025, will receive the highest relief. The program, implemented in two phases, aims to strengthen discom liquidity. Chief Minister Mohan Yadav said the state targets 50% renewable energy share by 2030.
WBSEDCL invites bids to set up 245 EV charging and battery swapping stations
The West Bengal State Electricity Distribution Company Limited (WBSEDCL) has invited bids to install and operate 245 EV charging and battery swapping stations across the state. The project will follow a revenue-sharing model, with sites across Kolkata and highways. Of the total, 160 sites are on WBSEDCL land, 42 on WBSETCL plots, and 32 at Pathasathi locations. Installation must be completed within six months of the award. The initiative supports the West Bengal Electric Vehicle Policy 2021, targeting 10 lakh EVs by 2030.
Atlanta Electricals secures Rs 1.16 billion transformer orders
Atlanta Electricals Limited has received transformer supply orders worth Rs 1.16 billion, including its first major international contract. The domestic orders include transformers for solar pooling substations in Bikaner and Bijapur, while the overseas deal covers equipment up to 132 kV capacity. Earlier in November, the company also secured a Rs 1.83 billion order from BNC Power Projects. As of March 2025, its order book stood at Rs 16.43 billion, and production capacity is projected at 33,602 MVA for FY26.
Orient Green, Ravindra Energy, Ola Electric, Amara Raja, NHPC post Q2 results
Orient Green Power reported a 20% rise in revenue to Rs 21,839 lakh and a 38% increase in profit after tax to Rs 10,956 lakh. Ravindra Energy posted a profit after tax of Rs 38.65 crore on revenue of Rs 143.55 crore. Amara Raja Energy & Mobility’s profit rose 17.36% to Rs 276.49 crore despite lower margins. Ola Electric achieved positive EBITDA in its auto segment with revenue of Rs 690 crore. NHPC’s revenue declined 12.69% year-on-year to Rs 4,540 crore.
SAEL Industries to invest Rs 22,000 crore in Andhra Pradesh renewables
SAEL Industries Limited will invest Rs 22,000 crore in renewable and infrastructure projects in Andhra Pradesh under a new MoU with the state government. The plan includes 1,750 MW of solar and battery storage capacity across Kadapa and Kurnool. The investment also covers biomass, data centres, and ports. Around 7,000 direct and 70,000 indirect jobs are expected. The announcement precedes the CII Partnership Summit, where 410 MoUs worth Rs 9.8 lakh crore are expected.
Jharkhand needs $256 billion for low-carbon transition by 2070: IEEFA
Jharkhand will need about $256 billion (Rs 21.52 lakh crore) between 2026 and 2070 to shift to a low-carbon economy, according to the Institute for Energy Economics and Financial Analysis (IEEFA). The study projects a net gain of Rs 6.7 lakh crore from diversified industries and jobs. It highlights the state’s renewable and mineral potential for manufacturing EVs, batteries, and green hydrogen. About Rs 1.05 lakh crore will be needed for reskilling and rehabilitation of affected workers.
Tata Power to invest Rs 11,000 crore in pumped hydro project in Maharashtra
Tata Power will invest Rs 11,000 crore in a 1,800 MW pumped hydro storage project at Shirawta in Pune. Construction will begin in July 2026 and take five years. The project, funded through a 70:30 debt-equity ratio, is one of two being developed with the Maharashtra government. The other project, at Bhivpuri in Raigad, will add 1,000 MW of capacity. Both are led by Tata Power Renewable Energy Limited.
Schneider Electric appoints Amit Sharma as VP for Power Products and Digital Energy
Schneider Electric has named Amit Sharma as Vice President for Power Products and Digital Energy in the Greater India Zone. He succeeds Nikhil Pathak. Sharma, who has spent 15 years with Schneider Electric, previously served in global leadership roles in France. He has over 29 years of experience, including 14 years with ABB. His focus will be on expanding the company’s digital and power product portfolio in India.
Inox Wind secures 229 MW in new orders from leading renewable developers
Inox Wind Limited announced new orders totalling 229 MW, including a 160 MW order from a major independent power producer. The project will use Inox Wind’s 3.3 MW turbines and include EPC and O&M services. The company also received a 69 MW repeat order in Maharashtra. CEO Sanjeev Agarwal said the 3 MW platform continues to gain traction, with new deals under negotiation. The company plans to close FY26 with a strong 18–24 month order pipeline.
Global
UK solar capacity tops 20 GW after record 2025 additions
The United Kingdom’s installed solar capacity has surpassed 20 GW, adding 1.4 GW since January 2025, according to the Department of Energy Security and Net Zero. The 373 MW Cleve Hill plant, commissioned in July, is the largest in the country. Ground-mounted systems account for about 40% of capacity, rising to 58% with unaccredited sites. New large projects, including the 500 MW Tillbridge Solar Project, are expected to drive future growth.
Global energy storage funding drops 36% in 2025, M&A activity rises
Global corporate funding for energy storage fell 36% year-on-year to $11.2 billion across 85 deals in the first nine months of 2025, Mercom Capital Group reported. Venture capital funding rose slightly to $2.8 billion, led by investments in next-generation battery materials. Debt and public market financing declined 44% to $8.4 billion. M&A activity increased, with 20 corporate and 45 project-level transactions. Analysts expect 2026 investment to focus on long-duration and recyclable battery technologies.