New Projects – January 27, 2025
Author: PPD Team Date: January 27, 2025
Author: PPD Team Date: January 27, 2025
Hazoor Multi Projects launches Maharashtra’s first 1.2 GW solar park
Hazoor Multi Projects (HMPL) has recently launched Maharashtra’s first solar park, the Chhatrapati Shivaji Maharaj Saur Urja Park (CSMSUP), with a capacity of 1.2 GW. Located on 4,200 acres in Solapur district, the park will utilize 750-watt solar panels with fixed and tracking systems to optimize energy production. This initiative is a significant step in supporting India’s renewable energy goals and reducing its carbon footprint.
In addition to this, HMPL is planning to expand its renewable energy efforts with solar hybrid projects in Maharashtra and Andhra Pradesh, with a combined capacity of 1,200 MW and 500 MW, respectively.
SCCL plans 2×800 MW thermal power plant near Odisha’s Naini mine
Meanwhile, Singareni Collieries Company Limited (SCCL) has proposed a new 2×800 MW thermal power plant near its Naini mine in Odisha. The company has requested land allocation from the state government, with Jarpada/Tukuda and Handappa/Binanali identified as potential sites for the plant.
Author: PPD Team Date: March 26, 2025 Jindal India Renewable Energy (JIRE), a subsidiary of Jindal Power Limited (JPL), has received a Letter of Acceptance (LoA) for 300 MW of solar plus storage capacity at a tariff of Rs 3.09 per kWh. The award falls under NHPC Limited’s 1,200 MW Inter-State Transmission System (ISTS)-connected solar power projects with a 600 MW/1,200 MWh energy storage system (ESS) and an additional greenshoe capacity of 1,200 MW anywhere…
Author: PPD Team Date: March 1, 2025 JSW Energy has won a 125 MW/500 MWh standalone battery energy storage system (BESS) auction in Kerala. The project, awarded by the Solar Energy Corporation of India (SECI), will be connected to the Mylatti 220 kV substation in Kasaragod. JSW Energy secured the project at a tariff of Rs 441,000 per MW per month and qualifies for viability gap funding of Rs 2.7 million per MWh or 30…
Author: PPD Team Date: May 9, 2025 Adani Power Limited (APL) has secured a contract to supply 1,500 MW of thermal power to Uttar Pradesh Power Corporation Limited (UPPCL). The supply will come from the upcoming Mirzapur Thermal Power Project in Uttar Pradesh. UPPCL had invited bids for this contract in March 2024. APL emerged as the selected bidder through a tariff-based competitive bidding (TBCB) process. The Uttar Pradesh Cabinet has approved the signing of…
Author: PPD Team Date: August 12, 2025 Oyster Renewables intends to invest Rs 16,000 crore to build 2 gigawatts of renewable energy capacity in India by 2028. The company will finance the platform with Rs 4,000 crore in equity and Rs 12,000 crore through debt. The first two projects, totalling 300 MW, are expected to be commissioned by December 2025. An additional 450 MW is under construction and targeted for completion by year-end. By June…
Author: PPD Team Date: May 12, 2025 Reliance Power Limited reported improved financial performance for the fourth quarter (Q4) and fiscal year ending March 31, 2025. In Q4 FY25, the company recorded total income of Rs 20.66 billion ($241 million) and EBITDA (earnings before interest, taxes, depreciation, and amortisation) of Rs 5.9 billion ($69 million). Profit after tax stood at Rs 1.26 billion ($15 million). The company’s net worth rose to Rs 163.37 billion ($1.9…
Author: PPD Team Date: September 18, 2025 The Maharashtra cabinet has cleared the creation of a joint venture (JV) between Maharashtra State Power Generation Company Limited (Mahagenco) and SJVN Limited to develop 5,000 megawatts (MW) of renewable energy capacity. Under the agreement, SJVN will hold 51 percent equity and Mahagenco 49 percent. The projects will cover pumped storage hydro, solar-wind hybrid systems, floating solar, and green hydrogen-linked ventures. In the first phase, the JV will…