Juniper Green Bess Two Private Limited, a subsidiary of Juniper Green Energy, has signed a power purchase agreement with Gujarat Urja Vikas Nigam Limited (GUVNL) for a 100 MW wind power project in Gujarat. The agreement was signed on July 18. The company plans to begin supplying power from this project in July 2027. In addition, it received a letter of intent from GUVNL on July 14 for the development of a 50 MW wind…
Navitas Solar has received an investment of Rs 404.8 million from Parishi Capital to expand its solar module manufacturing facility in Ahmedabad, Gujarat. The funding was completed in two tranches, with the first round raised in 2023. The investment will support capacity expansion from 1.7 gigawatts (GW) to 2.5 GW. A third round of funding is planned to help the company set up a 3 GW solar cell manufacturing plant by 2026. Navitas Solar, based…
H&H Aluminium has inaugurated its new solar frame manufacturing plant in Rajkot, Gujarat. The facility has a manufacturing capacity of 24,000 metric tonnes per annum and can support up to 6 GW of solar installations annually. The company has invested approximately Rs 1.5 billion in the new plant. Trial production began in June 2025. Commercial operations are expected to commence within a month. Once fully operational, the plant is projected to support annual sales of…
ACME Solar Holdings Private Limited has fully commissioned two renewable energy projects in Rajasthan and Gujarat through its subsidiaries. On June 24, 2025, ACME Sikar Solar Private Limited commissioned 60 MW of solar capacity in Bikaner, Rajasthan. This marked the completion of the 300 MW solar project awarded under Tranche-XVIII of Solar Energy Corporation of India (SECI). A day earlier, on June 23, 2025, ACME Pokhran Solar Private Limited commissioned 3.3 MW of wind capacity…
Sun Drops Energia Private Limited, a wholly-owned subsidiary of KPI Green Energy Limited, has secured Letters of Award (LoAs) for developing 36.87 MW of solar power projects under the Captive Power Producer (CPP) segment. The awards were received on June 19, 2025. The projects have been allotted by multiple firms. Some of them will be implemented under the Distributed Renewable Energy Bilateral Purchase (DREBP) Policy, as outlined in the Gujarat Renewable Energy Policy-2023 and the…
ACME Pokhran Solar Private Limited, a wholly-owned subsidiary of ACME Solar Holdings Limited, commissioned 19.8 MW wind power capacity in Shapar, Gujarat, on June 13, 2025. This forms part of its 50 MW grid-connected wind power project under Phase II of the Gujarat Phase III tender. The project is located in a high wind resource zone and is being developed by ACME Pokhran, a special purpose vehicle. It is financed by Power Finance Corporation (PFC)….
The National Bank for Agriculture and Rural Development (NABARD) has received a Letter of Award (LoA) to provide a Rupee Term Loan (RTL) of Rs 12.17 billion for the development of the 300 MW Khavda Solar PV Project – Phase XXI (GUVNL) by Coal India Limited (CIL) in Gujarat. CIL secured the project in January 2024 at a tariff of Rs 2.55 per kWh under Gujarat Urja Vikas Nigam Limited’s (GUVNL) Phase XXI auction. The…
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…
The Union Government has laid the foundation stone for two major transmission projects for the evacuation of renewable energy from the Khavda region in Gujarat. The first project is the Transmission System for Evacuation of Power from potential renewable energy zone in Khavda area of Gujarat under Phase-V (8 GW): Part A. The second project is the Transmission system for evacuation of additional 7 GW RE power from Khavda RE park under Phase-III Part B….
Engie has achieved financial closure for its 200 MW solar photovoltaic (PV) project in Khavda, Gujarat, under the Phase XXIII tender by Gujarat Urja Vikas Nigam Limited (GUVNL). The company signed a loan agreement with MUFG Bank and Crédit Agricole S.A. to fund the project. The grid-connected project will be developed by Enren-II Energy Private Limited, a special purpose vehicle (SPV) of Engie. In March 2024, Engie won the 200 MW capacity at a tariff…