Saatvik Green Energy wins contract for 1,200 MW solar projects
Author: PPD Team Date: 13/01/2025
Author: PPD Team Date: 13/01/2025
Saatvik Green Energy Private Limited has signed an agreement for the supply of solar photovoltaic (PV) modules to support 1,200 MW solar power projects in India.
Key details include:
Author: PPD Team Date: 18/12/2024 Tion Renewables Group has completed a deal with EDP Renováveis (EDPR) to acquire a 104MW solar portfolio in Spain. The financial terms of the deal have not been disclosed. The portfolio consists of four operational solar parks: one in Aragon, which has been running since mid-2022, and three in Andalusia, which became operational in November 2024. The projects are secured with 15-year power purchase agreements (PPAs). The deal is subject…
Author: PPD Team Date: 07/07/2025 Waaree Renewable Energy Technologies Limited has received a Letter of Award (LoA) worth Rs 261.7 million. The company will develop a cumulative 21 MW/29.4 MWp decentralised solar power capacity in Maharashtra. The award was granted on July 2, 2025. The projects will be set up under Component C of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) scheme, as part of feeder-level solarisation under the Mukhyamantri Saur Krushi…
Author: PPD Team Date: 12/03/2025 Singareni Collieries Company Limited (SCCL) and Bharat Heavy Electricals Limited (BHEL) have signed an agreement for the Adilabad Coal-Based Power Project Stage II. The deal was finalized on March 11, 2025. Under the agreement, BHEL will handle civil works and supply key equipment, including boilers, turbines, and generators. The project, expected to be completed in 40 months, will add an 800 MW unit to the existing 1,200 MW power plant…
Author: PPD Team Date: 06/01/2025 Sterlite Grid 32 Ltd (SGL32) has refinanced its Mumbai Urja Transmission Limited (MUML) project through listed non-convertible debentures (NCDs), its first NCD issuance since its joint venture with GIC of Singapore. The NCDs are rated AA+ stable by CRISIL and were secured by bidders including the National Bank for Financing Infrastructure & Development (NaBFID) and India Infrastructure Finance Company Ltd (IIFCL). The MUML project, won in June 2020 under tariff-based…
Author: PPD Team Date: 07/07/2025 Bihar State Power Generation Company Limited (BSPGCL) has announced the results of its tender for 125 MW/500 MWh standalone battery energy storage systems (BESS). The auction awarded the full capacity at a uniform tariff of Rs 444,000 per MW per month. The awarded capacities are as follows: Barbrik Projects: 37.5 MW/150 MWh ProstarM Info Systems: 30 MW/120 MWh Hindustan Thermal Project: 30 MW/120 MWh Suryam International: 10…
Author: PPD Team Date: 28/04/2025 The Maharashtra government has launched the Mukhyamantri Saur Krishi Vahini Yojana (MSKVY) 2.0 project management portal to speed up work under its MSKVY 2.0 scheme. The scheme targets achieving 7,000 MW of decentralised solar capacity. It aims to supply daytime electricity to farmers through solar feeders. It follows a self-paying model where savings from reduced grid power costs are expected to recover project expenses within 6–8 years. Under MSKVY 2.0,…
Author: PPD Team Date: 18/12/2024 Tion Renewables Group has completed a deal with EDP Renováveis (EDPR) to acquire a 104MW solar portfolio in Spain. The financial terms of the deal have not been disclosed. The portfolio consists of four operational solar parks: one in Aragon, which has been running since mid-2022, and three in Andalusia, which became operational in November 2024. The projects are secured with 15-year power purchase agreements (PPAs). The deal is subject…
Author: PPD Team Date: 07/07/2025 Waaree Renewable Energy Technologies Limited has received a Letter of Award (LoA) worth Rs 261.7 million. The company will develop a cumulative 21 MW/29.4 MWp decentralised solar power capacity in Maharashtra. The award was granted on July 2, 2025. The projects will be set up under Component C of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) scheme, as part of feeder-level solarisation under the Mukhyamantri Saur Krushi…
Author: PPD Team Date: 12/03/2025 Singareni Collieries Company Limited (SCCL) and Bharat Heavy Electricals Limited (BHEL) have signed an agreement for the Adilabad Coal-Based Power Project Stage II. The deal was finalized on March 11, 2025. Under the agreement, BHEL will handle civil works and supply key equipment, including boilers, turbines, and generators. The project, expected to be completed in 40 months, will add an 800 MW unit to the existing 1,200 MW power plant…
Author: PPD Team Date: 06/01/2025 Sterlite Grid 32 Ltd (SGL32) has refinanced its Mumbai Urja Transmission Limited (MUML) project through listed non-convertible debentures (NCDs), its first NCD issuance since its joint venture with GIC of Singapore. The NCDs are rated AA+ stable by CRISIL and were secured by bidders including the National Bank for Financing Infrastructure & Development (NaBFID) and India Infrastructure Finance Company Ltd (IIFCL). The MUML project, won in June 2020 under tariff-based…
Author: PPD Team Date: 07/07/2025 Bihar State Power Generation Company Limited (BSPGCL) has announced the results of its tender for 125 MW/500 MWh standalone battery energy storage systems (BESS). The auction awarded the full capacity at a uniform tariff of Rs 444,000 per MW per month. The awarded capacities are as follows: Barbrik Projects: 37.5 MW/150 MWh ProstarM Info Systems: 30 MW/120 MWh Hindustan Thermal Project: 30 MW/120 MWh Suryam International: 10…
Author: PPD Team Date: 28/04/2025 The Maharashtra government has launched the Mukhyamantri Saur Krishi Vahini Yojana (MSKVY) 2.0 project management portal to speed up work under its MSKVY 2.0 scheme. The scheme targets achieving 7,000 MW of decentralised solar capacity. It aims to supply daytime electricity to farmers through solar feeders. It follows a self-paying model where savings from reduced grid power costs are expected to recover project expenses within 6–8 years. Under MSKVY 2.0,…
Author: PPD Team Date: 18/12/2024 Tion Renewables Group has completed a deal with EDP Renováveis (EDPR) to acquire a 104MW solar portfolio in Spain. The financial terms of the deal have not been disclosed. The portfolio consists of four operational solar parks: one in Aragon, which has been running since mid-2022, and three in Andalusia, which became operational in November 2024. The projects are secured with 15-year power purchase agreements (PPAs). The deal is subject…
Author: PPD Team Date: 07/07/2025 Waaree Renewable Energy Technologies Limited has received a Letter of Award (LoA) worth Rs 261.7 million. The company will develop a cumulative 21 MW/29.4 MWp decentralised solar power capacity in Maharashtra. The award was granted on July 2, 2025. The projects will be set up under Component C of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) scheme, as part of feeder-level solarisation under the Mukhyamantri Saur Krushi…