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Record tariff set for Khavda IV-C ISTS project
Sterlite Power has secured the Khavda IV-C interstate transmission system (ISTS) project with an annual tariff of Rs 13.15 billion, the highest ever for an ISTS scheme under the tariff-based competitive bidding (TBCB) process. Competing bids from Power Grid Corporation of India Ltd (PGCIL) and Adani Energy Solutions Ltd (AESL) were close, with the L2…
TARIL wins Rs 53 crore HVDC transformer order from Power Grid
Transformers and Rectifiers India Limited (TARIL) has disclosed a domestic contract valued at Rs 53.33 crore from Power Grid Corporation of India Limited. The order covers work on a 397 MVA HVDC Converter Transformer. TARIL notified BSE and NSE on 04 December 2025. The disclosure states that Power Grid has awarded work for repair, erection,…
Kerala leases land to KMRL for 12 MW solar project in Kasargod
The Government of Kerala (GoK) has leased 50 acres of land to Kochi Metro Rail Limited (KMRL) for developing a 12 MW solar power project in Kasargod district. The lease term is 30 years, with an annual rent of Rs 3.205 million. The solar project will be set up at Ambalathara village in Hosdurg taluk….
ACWA Power signs PPA for 2 GW wind project in Egypt
ACWA Power has signed a 25-year power purchase agreement (PPA) with the Egyptian Electricity Transmission Company (EETC) for a 2 GW wind project in Egypt, with an estimated investment of USD 2.3 billion. The project is expected to reach financial close in 2026. The wind project will contribute to Egypt’s goal of increasing renewable energy’s…
Mines Ministry revises mineral auction rules to speed up mine development
The Ministry of Mines has amended the Mineral (Auction) Rules, 2015 to introduce intermediary timelines between the issuance of the letter of intent (LoI) and the execution of mining leases. The changes are aimed at reducing delays and ensuring faster operationalisation of auctioned mineral blocks. The revised framework sets milestone-based deadlines and allows corrective measures…
Advait Energy wins battery storage order in Gujarat
Advait Energy Transitions Limited (AETL) has secured an order from Gujarat Battery Energy Storage Solutions Private Limited for a 180 MW / 360 MWh battery energy storage system (BESS) project in Sanand, Gujarat. The scope includes supply, erection, testing, and commissioning of the project. The contract is valued at Rs 743.4 million. Mechanical completion is…
