Bondada Engineering Limited has won a Rs.884.98 million contract from KPI Green Energy Limited for the supply of Balance of System (BoS) items and services. The contract includes engineering, procurement, construction, and commissioning (EPCC) works for solar power projects at Vagra, Amod, and Rajkot in Gujarat. The project is scheduled for completion within 90 days of receiving the purchase order, awarded on January 21, 2025.
Bank of Baroda (BoB) received Letters of Award (LoAs) from NLC India Limited to provide Rupee Term Loans (RTL) for two solar projects in Gujarat: 600 MW Khavda Solar PV Project – Phase XX (GUVNL) Loan amount: Rs 26.69 billion at an interest rate of 8.15% p.a. Project scope: Development of 600 MW grid-connected solar PV plants under GUVNL Phase XX on a build, own, and operate (BOO) basis at Khavda Solar Park (GSECL Stage…
Kosol Energie Private Limited has won a contract from NLC India Limited to supply 393.9 MWp bifacial solar modules for the 600 MW Khavda Solar PV Project-Phase XX (GUVNL) in Gujarat. The firm bid Rs 5.57 billion for the project. NLC invited bids for the project in August 2024. The scope includes manufacturing, supply, packing, forwarding, and transportation of 393.9 MWp Mono Crystalline/Topcon Silicon bifacial solar photovoltaic (PV) modules, with a minimum wattage of 540…
Adani Green Energy Limited (AGEL) has started commercial operations of a 57.2 MW wind power project under the 9,500 MW Khavda Wind-Solar Hybrid Power Park Project in the Rann of Kutch district, Gujarat, as of January 15, 2025. The project is part of the larger 30,000 MW solar, wind, and hybrid power park development in Khavda, Kutch. Sarjan Realities (Suzlon) will develop 4,750 MW; Gujarat Industries Power Company Limited (GIPCL), 2,375 MW; Gujarat State Electricity…
NTPC Renewable Energy Ltd (NTPC REL), a step-down subsidiary of NTPC Ltd, has commenced commercial operations of 37.5 MW capacity, the first part of its 200 MW Gujarat Solar PV Project in Sadla, Gujarat, effective December 21, 2024. This addition increases NTPC Group’s total installed and commercial capacity to 76,598.18 MW. NTPC aims to achieve 50% non-fossil fuel-based generation capacity in its portfolio by 2032.
NTPC Green Energy has announced the commencement of operations for its wholly-owned subsidiary, NTPC Renewable Energy’s 150 MW Gujarat solar PV project in Mesanka, Gujarat. On December 18, 2024, the Gujarat Energy Development Agency issued a certificate confirming the commercial operation of the second part capacity of 30 MW, effective from December 11, 2024.
On December 19, 2024, Gujarat Urja Vikas Nigam Limited (GUVNL) announced the winners of its 500 MW Solar Photovoltaic (PV) Power Projects under Phase XXV without energy storage systems (ESS). The successful bidders are: Drashta Green Power Limited: 10 MW at Rs 2.55 per kWh S.B.B. Mouldings Private Limited: 10 MW at Rs 2.55 per kWh Enertech Fuel Solutions Private Limited: 40 MW at Rs 2.55 per kWh Kintech Synergy Private Limited: 50 MW at…
Martial Solren, a wholly-owned subsidiary of Mahindra Susten, has achieved financial closure for its 400 MW/560 MWp solar power projects in Gujarat and Rajasthan. The company secured a Rs14.48 billion loan from HDFC Bank and Axis Bank for the projects. In April and June 2023, Mahindra Susten won 100 MW each under the base capacity and greenshoe capacity, quoting tariffs of Rs 2.74 per kWh and Rs 2.71 per kWh, respectively, under the 500 MW…
Advait Energy Transitions, formerly known as Advait Infratech, has been declared a qualified bidder by Gujarat Urja Vikas Nigam Ltd (GUVNL) for a 50 MW/500 MWh standalone battery energy storage system in Gujarat. This project is part of GUVNL’s Phase-IV tariff-based global competitive bidding, supported by viability gap funding, aiming to enhance energy reliability and sustainability in the region. The project is expected to be completed within 18 months.
INOX Air Products (INOXAP) has commenced the supply of electronic and speciality gases to ReNew’s first solar photovoltaic (PV) cell manufacturing facility in Dholera, Gujarat. Under a long-term agreement, INOXAP provides critical gases such as nitrous oxide, ammonia, and silane through a logistics system comprising ISO containers and tube trailers owned by INOXAP. The partnership includes a comprehensive gas management solution to ensure reliable distribution and onsite handling, adhering to strict quality and safety standards. …