Author: PPD Team Date: July 3, 2025
Solex Green Energy Private Limited, a wholly owned subsidiary of Solex Energy Limited, has won contracts worth Rs 68.69 crore to develop 24.1 MW of solar power projects across India. The contracts were awarded on July 1, 2025.
These projects have been granted under the Government of India’s “Distributed Renewable Energy Bilateral Purchase (DREBP)” Policy.
The projects will be executed in various tranches.
Author: PPD Team Date: September 16, 2024 Sumitomo Corporation has formed a joint venture with AMPIN Energy Transition Pvt Ltd to form AMPIN C&I Power Pvt Ltd for developing renewable energy assets in India and promoting corporate Power Purchase Agreements (PPAs) for supplying renewable electricity to businesses. The total project cost is approximately 100 billion yen and is expected to create a 1 GW portfolio of renewable energy assets backed by corporate PPAs. The joint…
Author: PPD Team Date: March 13, 2025 The National Committee on Transmission (NCT), in its most recent meeting, has planned a new transmission scheme to address high power flow on the Western Region-Northern Region (WR-NR) corridor. Representatives from Central Transmission Utility of India Limited (CTUIL) highlighted the persistent high loading of the 765 kV Vindhyachal-Varanasi double-circuit (D/C) line, particularly during peak demand in Uttar Pradesh (UP). This heavy load is leading to real-time violations of…
Author: PPD Team Date: February 13, 2026 NHPC Limited and Grid Corporation of Odisha (GRIDCO) have signed a Memorandum of Understanding (MoU) to jointly explore the development of a 1,000 MW pumped storage project at Masinta in Deogarh district, along with other renewable energy initiatives. The MoU was executed on February 12, 2026, during the Odisha Renewable Energy Investor Conclave in Bhubaneswar. The proposed Masinta project is part of a wider collaboration between the two…
Author: PPD Team Date: December 9, 2024 Meta Platforms has signed four environmental attribute purchase agreements (EAPAs) with Chicago-based energy company Invenergy, securing 760 MW of renewable energy. This brings Meta’s total clean energy procurement from Invenergy to over 1 GW. Meta’s head of global energy, Urvi Parekh, highlighted the company’s commitment to clean energy, stating that surpassing the 1GW milestone demonstrates their dedication to matching growing power needs with renewable energy. The agreements cover…
Author: PPD Team Date: February 5, 2026 Solar Energy Corporation of India (SECI) has concluded the reverse auction for its 1,200 MW Interstate Transmission System connected wind power tender, Tranche XIX, with tariffs discovered in a narrow and competitive range of Rs 3.67 to Rs 3.69 per kWh. The auction followed a tender that was initially issued for 600 MW and later expanded. The lowest tariff of Rs 3.67 per kWh was quoted by KP…
Author: PPD Team Date: August 25, 2025 Oriana Power has entered into an agreement to develop a 75 MW solar power plant with an integrated 111.57 MWh battery energy storage system in Rajasthan. The project, valued at Rs 4.76 billion, will be implemented on an engineering, procurement and construction basis. Scope of work includes design, engineering, supply, construction, installation and commissioning. Completion is targeted within eight months. In August 2025, Oriana Power secured capacity in…