REC Power Development and Consultancy Limited (RECPDCL) has established Lakadia B Power Transmission Limited, a special purpose vehicle (SPV) aimed at augmenting the transformation capacity of the 765/400 kV Lakadia Substation in Gujarat.Â
RECPDCL has been designated as the bid process coordinator to select a transmission service provider for this project through a tariff-based competitive bidding process.
UltraTech Cement has announced plans to source renewable energy through a captive arrangement with CleanMax’s special-purpose vehicle (SPV), Clean Max Sapphire. The company has acquired a 26% equity share in the SPV for Rs 457.6 million, entering agreements for energy supply, share subscription, and shareholder rights. The SPV will develop a 55 MW wind-solar hybrid…
Industrial representatives from Gurugram and Faridabad, affiliated with the PHD Chamber of Commerce and Industry (PHDCCI), have urged the Haryana Electricity Regulatory Commission (HERC) to align the state’s industrial power tariffs with those in Punjab, Himachal Pradesh, and Rajasthan. They submitted a comparative report, arguing that Haryana’s higher industrial tariffs hurt competitiveness and deter investment….
The Ministry of New and Renewable Energy (MNRE) has issued a directive mandating the use of select components from its Approved List of Models and Manufacturers (ALMM) for all wind turbines going forward. According to the ministry, the ALMM (Wind), previously referred to as the Revised List of Models and Manufacturers (RLMM), now covers not…
Waa Solar Limited and Madhav Infra Projects Limited have executed multiple Power Purchase Agreements (PPAs) with Madhya Pradesh Power Management Company Limited (MPPMCL) for feeder-level solarisation projects under the PM-KUSUM C Yojana. Waa Solar Limited signed seven PPAs with a combined capacity of 48.15 MW. The company will supply solar power to MPPMCL at tariffs…
Shri Pradip Kumar Das, Chairman and Managing Director (CMD) of Indian Renewable Energy Development Agency Limited (IREDA), delivered a keynote address at the Odisha Solar Investor Conclave hosted by GRIDCO in Bhubaneswar. The CMD confirmed that IREDA has sanctioned over Rs 30 billion for renewable energy projects in Odisha, covering sectors such as solar, hydro,…
Madhya Pradesh Power Transmission Company Ltd (MPPTCL) has initiated the remote monitoring and operation of its extra-high voltage AIS substations, starting with the 132kV AIS substation at Madhotal. This substation will now be controlled remotely from the nearby 220kV Jabalpur substation, marking a significant milestone for the state in improving power transmission efficiency. Following this…