Author: PPD Team Date: November 13, 2024
The Government of Rajasthan signed a Memorandum of Understanding (MoU) with RMC Switchgears Limited on November 9, 2024, to set up a 1,000 MW Ultra Mega Solar Park Project (UMSPP) with an integrated Battery Energy Storage System (BESS).
The project is slated for completion by 2026.
Author: PPD Team Date: September 16, 2024 Power Grid Corporation of India Ltd (PGCIL) has been awarded the letter of intent for the Jam Khambhaliya augmentation scheme under the tariff-based competitive bidding (TBCB) route. The project involves establishing an interstate transmission system for the “Augmentation of transformation capacity at Jam Khambhaliya PS (GIS)” on a build, own, operate, and transfer (BOOT) basis. The letter of intent was received by PGCIL on September 12, 2024. The…
Author: PPD Team Date: January 8, 2025 Sun Drops Energia Private Limited, a wholly-owned subsidiary of KPI Green Energy Limited, has received a Letter of Intent (LoI) for the development of 32.15 MW of solar power projects under the Captive Power Producer (CPP) segment in India. The projects were awarded by various companies, including Aditya Ultra Steel, Suraj Dyeing and Printing, Sunita Processors, and several others. The solar projects are expected to be completed under…
Author: PPD Team Date: February 21, 2025 The Expert Appraisal Committee (EAC) of the Ministry of Environment, Forest and Climate Change (MoEFCC) has recommended the grant of environmental clearance (EC) for the Uri-I Stage II Hydro Electric Project. The recommendation was made during its meetings on January 29, 2025. NHPC Limited will implement the 240 MW project in Uri, Boniyar, Kreeri, Baramulla, and Rafiabad sub-districts of Baramulla district, Jammu & Kashmir. The project, estimated to…
Author: PPD Team Date: October 28, 2025 Rayzon Solar has received approval from the Securities and Exchange Board of India (SEBI) to move ahead with its proposed Rs 15 billion initial public offering. The regulator issued final observations, clearing the way for the company’s market debut. Proceeds from the issue will be used to set up a 3.5 GW solar cell manufacturing facility in Surat through Rayzon’s subsidiary, Rayzon Energy Private Limited. The plant will…
Author: PPD Team Date: March 22, 2026 The Central Electricity Regulatory Commission (CERC) has notified the Terms and Conditions of Tariff (Second Amendment) Regulations, 2026, establishing a tariff framework for battery energy storage systems (BESS) co-located with coal, lignite, and gas-based thermal generating stations, as well as interstate transmission infrastructure. Supplementary tariff for integrated storage The amendment introduces a supplementary tariff structure to recover costs of storage assets integrated with existing generating stations or transmission…
Author: PPD Team Date: December 24, 2024 Union Minister of Power Shri Manohar Lal reviewed Kerala’s power sector at a meeting in Thiruvananthapuram. Shri Suresh Gopi, Minister of State for MoPNG & Tourism, and Shri K Krishnankutty, Kerala’s Minister for Electricity, attended with officials from the State Government, GoI, and Power Finance Corporation (PFC). Key topics included power demand, supply, capacity additions in renewable, hydro, and nuclear sectors, and the status of the Revamped Distribution…