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Lloyd Metals to invest in wind-solar hybrid projects in Maharashtra

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Lloyd Metals and Energy Limited is expanding its renewable energy portfolio. The company’s Board of Directors has approved signing a Share Subscription and Shareholders Agreement (SSSHA) with Hexa Climate Solutions Private Limited. Under this agreement, Lloyd Metals will invest Rs 120 million in Hexa Energy W2 Private Limited and Rs 100 million in Hexa Energy MH3 Limited. These are special purpose vehicles (SPVs) of Hexa Climate. In return, Lloyd will acquire a 26 per cent…

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RR Kabel commissions 10.2 MW hybrid project in Gujarat

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RR Kabel Limited commissioned a 10.2 MW captive wind-solar hybrid power project in Gujarat on May 31, 2025. The project includes a 6.6 MW wind power component, comprising two wind turbine generators (WTGs) of 3.3 MW each. These are located at revenue survey numbers 689 and 449 in Mota Khijadiya and Sal Pipaliya villages, Paddhari taluka, Rajkot district. The solar power component of 3.6 MW is situated at revenue survey numbers 317, 318, and 319…

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Power Ministry reinforces RCO rules for CPPs and open access users

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The Ministry of Power (MoP) and the Bureau of Energy Efficiency (BEE) have issued fresh directives to ensure compliance with the Renewable Consumption Obligations (RCO) framework. This applies to designated consumers, including captive power plants (CPPs) and open access (OA) users. The RCO system stems from amendments made to the Energy Conservation Act, 2001 in 2022. It replaces older Renewable Purchase Obligation (RPO) guidelines and mandates a rising share of renewable energy use each year…

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Hinduja Renewables signs solar PPAs with Lloyd Metals

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HR Godavari Private Limited, the special purpose vehicle (SPV) of Hinduja Renewables Energy Private Limited, has signed two power purchase agreements (PPAs) with Lloyd Metals and Energy Limited. These PPAs cover the supply of 60.7 MW (86.05 MWp) of solar power under a captive model. The agreements include one PPA for 10.7 MW (16.05 MWp) and another for 50 MW (70 MWp) of solar capacity. Both projects will be developed in India. Alongside the PPAs,…

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Cleantech Solar commissions 80 MWp open access projects in Tamil Nadu

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CSE Development (India) Private Limited commissioned 80 MWp of open access solar photovoltaic (PV) projects at its solar park in Tamil Nadu on May 8, 2025. The solar park has a total capacity of 275 MWp.   The power generated from these projects will be used on a captive basis by companies such as First Solar Power India Limited, DCW Limited, and Murugappa Morgan Thermal Ceramics Limited. The power helps these clients meet their manufacturing energy…

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Suzlon and Integrum to build 100 MW captive wind projects for BPCL

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Bharat Petroleum Corporation Limited (BPCL) has issued Letters of Award (LoAs) to Suzlon Energy Limited (SEL) and Integrum Energy Infrastructure Limited for setting up a total of 100 MW captive wind power capacity. Suzlon will develop a 50 MW wind power project in Madhya Pradesh, while Integrum Energy will set up another 50 MW project in Maharashtra. Both projects will be implemented on a lump sum turn key (LSTK) basis. The LoAs were issued on…

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Bids received for ONGC floating solar and TCC captive power projects

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Oil and Natural Gas Corporation Limited (ONGC) has received bids from 12 companies to set up a 10 MW/13 MWp floating solar photovoltaic (PV) project at its Hazira plant in Surat, Gujarat. The project will be developed on a lump-sum turnkey basis. The bidders include Enerture Technologies, Enviro Infra Engineers, Insolare Energy, Kishan Infrastructure Industries, KPI Green Energy, Lumino Industries, Madhav Infra Projects, Oriana Power, Prozeal Green Energy, Purshotam Profiles (PPPL), Solarium Green Energy, and…

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Sunsure Energy to invest in 11 MW captive solar project in Maharashtra

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Sunsure Solarpark Thirty Seven Private Limited, a special purpose vehicle of Sunsure Energy Private Limited, has signed key agreements with Sunflag Iron & Steel Company Limited to develop a captive solar power project in Dhule, Maharashtra. The agreements include a Power Purchase Agreement (PPA) and a Share Subscription and Shareholders Agreement (SSSHA). As part of the deal, Sunflag will invest Rs 57.25 million to acquire a 26 per cent equity stake in the SPV developing…

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Jindal Stainless commissions 30.34 MWp solar projects in Odisha

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Jindal Stainless Limited (JSL) has successfully commissioned rooftop and floating solar power projects with a cumulative capacity of 30.34 MWp at its manufacturing plant in Jajpur, Odisha.  The projects were commissioned on April 22, 2025, with 23.02 MWp from rooftop solar systems and 7.32 MWp from a floating solar plant. AB Energia Solutions Private Limited served as the engineering, procurement, and construction (EPC) contractor for the project.  The floating solar plant, with a capacity of…

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KPI Green terminates 66.2 MW CPP hybrid project with Sai Infinium

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KPI Green Energy Limited has terminated the Letter of Award (LoA) it received from Sai Bandhan Infinium Private Limited for developing a 66.2 MW wind-solar hybrid power project. The decision was made due to changes in technical requirements after the LoA was issued. The LoA was awarded in September 2024. The project was to be developed under the Captive Power Producer (CPP) segment and completed in tranches by July 2025. In the CPP model, KPI…