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REC incorporates SPV for Rajgarh–Neemuch transmission project

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REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, has incorporated Rajgarh Neemuch Power Transmission Limited as a new special purpose vehicle (SPV) for an inter-state transmission project in Madhya Pradesh. The new SPV was registered on June 17, 2025. The project is titled “Transmission system for Evacuation of Power from RE Projects in Rajgarh (1500 MW) SEZ in Madhya Pradesh-Phase III and Evacuation of Power from RE Projects in…

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Waaree signs PPA for 150 MW under Neemuch Solar Park

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On June 11, 2025, Waaree Energies Limited signed a power purchase agreement (PPA) with Madhya Pradesh Power Management Company Limited (MPPMCL) and Rewa Ultra Mega Solar Limited (RUMSL). The agreement covers 150 MW capacity under the 170 MW (Unit-III) Neemuch Solar Power Park Project in Madhya Pradesh. The contract follows Waaree Forever Energies Limited’s successful bid in December 2024. The company, a wholly-owned subsidiary of Waaree Energies, won the tender by quoting a tariff of…

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PGCIL acquires SPV for Mahan Energen transmission project

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Power Grid Corporation of India Limited (POWERGRID) has completed the acquisition of MEL Power Transmission Limited (MPTL), a special purpose vehicle set up for the transmission system linked to Mahan Energen Limited’s power station in Madhya Pradesh. The acquisition was finalised on June 4, 2025. MPTL was initially incorporated by PFC Consulting Limited (PFCCL) on November 20, 2024, to implement the transmission scheme through the Tariff-Based Competitive Bidding (TBCB) route. PFCCL served as the bid…

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120 MWp floating solar project commissioned at Omkareshwar dam

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Ciel & Terre Solar Private Limited, in partnership with Larsen & Toubro and SJVN Green Energy Limited, has commissioned a 120 MWp floating solar photovoltaic project at the Omkareshwar dam reservoir in Madhya Pradesh. The plant will supply power to Rewa Ultra Mega Solar Limited. The project comprises 14 floating solar islands, each with a capacity of 8.5 MWp. It uses 407,699 Hydrelio aiR OPTIM 1400-3 floats arranged in a three-row configuration. To suit the…

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Madhya Pradesh identifies dams for floating solar power projects

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The Water Resources Department, Madhya Pradesh has identified various dams and reservoirs for setting up floating solar power projects in the state. This initiative is part of the Ministry of Power’s (MoP’s) national vision to install floating solar power projects on water bodies across India. MoP has allocated the survey and investigation (S&I) work for these sites to NHPC Limited. NHPC has further assigned the work to Tata Consulting Engineers Limited (TCEL). The following dams…

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Alpex-NVNR JV wins award for 70 MW solar project in Madhya Pradesh

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The joint venture of Alpex Solar Private Limited and NVNR Power and Infra Private Limited has received a Letter of Award worth Rs 3,499.93 million. The project involves setting up a 70 MW solar power plant at Nandan Washery of Western Coalfields Limited (WCL) in the Kanhan area of Damua, Madhya Pradesh. The award was issued on May 9, 2025. Bids were invited in December 2024 by Central Mine Planning and Design Institute (CMPDI), a…

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Madhya Pradesh clears solar and storage projects, shared supply with Uttar Pradesh

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The Madhya Pradesh cabinet has approved a 2,000 MW solar park and a 1,000 MW energy storage project to enable seasonal power sharing with Uttar Pradesh.  Electricity will be supplied to Madhya Pradesh during its Rabi season (October–March) and to Uttar Pradesh during the Kharif season (April–September), aligning with each state’s peak agricultural demand. Madhya Pradesh’s farm electricity needs account for 41% of its total consumption, peaking during Rabi, while Uttar Pradesh’s demand is higher…

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POWERGRID commissions 85 MW solar plant in Madhya Pradesh

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Power Grid Corporation of India Limited (POWERGRID) has started commercial operations at its 85 MW solar photovoltaic (PV) power plant in Nagda, Ujjain, Madhya Pradesh. The plant was developed by POWERGRID through its wholly owned subsidiary, POWERGRID Energy Services Limited. The solar plant was commissioned and began commercial operations on April 24, 2025. NTPC Limited served as the consultant for the project, providing technical and project support. The solar facility spans 250 hectares across Makla…

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Madhya Pradesh launches biofuel scheme with investment-linked incentives

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The Madhya Pradesh government has introduced the ‘Scheme for Implementation of Biofuel Projects in Madhya Pradesh’ to attract investments above Rs 100 million in biofuel infrastructure.  The scheme covers the full value chain, from feedstock cultivation to distribution and end-use, and aims to set up bio-refinery clusters along with the infrastructure needed for biomass and waste handling. Biofuel manufacturing and biomass supply units investing over Rs 100 million are eligible for incentives. Exceptions to this…

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Privatization of Distribution Utilities in Madhya Pradesh – Policy Paper

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Madhya Pradesh’s electricity distribution sector stands at a critical crossroads, grappling with mounting financial losses, operational inefficiencies, and regulatory bottlenecks. The Electricity (Amendment) Bill 2022 proposes transformative reforms, such as introducing competition through multiple distribution licensees, enhancing regulatory autonomy, and restructuring power procurement practices, to revitalize the sector. But will these measures address the systemic challenges plaguing the state’s DISCOMs? This policy paper critically examines the structural and financial hurdles faced by Madhya Pradesh’s power distribution…