Solarium Green secures Rs 17.38 mn rooftop solar order from NVVNL
Author: PPD Team Date: March 31, 2025
Author: PPD Team Date: March 31, 2025
Solarium Green Energy Limited has won a rooftop solar contract worth approximately Rs 17.38 million from NTPC Vidyut Vyapar Nigam Limited (NVVNL) for a 500 kW grid-connected rooftop solar project at IGM Noida.
The contract includes Rs 12.43 million for the supply of plant and equipment, Rs 1.77 million for transportation, insurance, installation, and safety provisions, and Rs 3.18 million for 10 years of comprehensive operations and maintenance. The project is scheduled for completion within 120 days from the award date.
Earlier this month, Solarium Green Energy signed memorandums of understanding (MoUs) with Citizen Solar Private Limited and Navitas Solar Private Limited for the supply of 78.40 MW of solar panels.
Author: PPD Team Date: January 20, 2026 The Central Electricity Authority (CEA) has issued revised versions of two regulatory documents covering major power sector equipment. The two documents are the Guidelines for the Type Tests for Major Equipment of Power Sector and the Guidelines for Model Quality Assurance Plan (MQAP) for Major Equipment of Power Sector. The revisions follow directions from the Ministry of Power and submissions from multiple stakeholders across the industry. The updated…
Author: PPD Team Date: September 18, 2025 The Telangana government is preparing to establish a new electricity distribution company by restructuring the Northern Power Distribution Company of Telangana Limited (NPDCL) and the Southern Power Distribution Company of Telangana Limited (SPDCL). The new entity will focus on supplying power to agriculture, lift irrigation projects, drinking water systems, and the Greater Hyderabad Municipal Corporation (GHMC) region. Chief Minister A Revanth Reddy has instructed officials to prepare a…
Author: PPD Team Date: October 10, 2025 The Ministry of Power (MoP) has circulated the Draft Electricity (Amendment) Bill, 2025, proposing major changes to the Electricity Act, 2003. The key objective is to enforce cost-reflective tariffs, aiming to strengthen the financial health of the power sector, particularly distribution utilities. The proposed amendments aim to address financial losses in the distribution sector, estimated at over Rs 6.9 lakh crore. A central reform requires Regulatory Commissions to…
Author: PPD Team Date: January 12, 2026 Oriana Power Limited (Oriana Power) has approved a Rs 75 crore fundraising plan through a private placement of debentures. The decision was taken at a meeting of the Board of Directors held on 5 January 2026. The funds are intended to support the company’s expanding project pipeline, including recently secured solar and energy storage contracts. The company plans to issue 7,500 rated, unlisted, senior, secured, redeemable, transferable, non-convertible…
Author: PPD Team Date: September 30, 2025 Kholongchhu Hydro Power Ltd (KHPL) has signed a Rs 4,829 crore term loan agreement with Power Finance Corporation (PFC) to fund the 600-megawatt Khorlochhu Hydropower Project in Bhutan. KHPL is a joint venture with Druk Green Power Corporation Ltd (DGPC) holding 60 per cent and Tata Power Company Ltd holding 40 per cent. Located in the Trashiyangtse Dzongkhag region, the project has an estimated cost of about Rs…
Author: PPD Team Date: December 11, 2024 Power Grid Corporation of India Limited (PGCIL) has commissioned the “Augmentation of ISTS for Interconnection of HVPNL Transmission Schemes,” effective 6th October 2024, with the Notification for Commercial Operation (DOCO) received on 10th December 2024. The project connects the inter-state transmission system (ISTS) with HVPNL’s intra-state network, ensuring ‘N-1’ compliance at the 220 kV level. It includes ICT upgrades at the 400/220 kV Bahadurgarh and Jind substations. The…