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MAHAGENCO-NTPC consortium top bidder for Sinnar Thermal Power plant

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A consortium of Maharashtra’s state-owned MAHAGENCO and NTPC has emerged as the top bidder to acquire the 1,350 MW Sinnar Thermal Power plant near Nashik, with a bid of Rs 38 billion, surpassing Adani Power in the initial bidding round.  The consortium could potentially leverage its existing 2,190 MW Koradi power plant near Nagpur to supply coal and operate the Sinnar facility. The plant, originally developed by Indiabulls Power and currently a subsidiary of RattanIndia…

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Saatvik Green wins 200 MW solar module contract from MAHAGENCO

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Saatvik Green Energy has secured a contract with Maharashtra State Power Generation Co. Ltd (MAHAGENCO) to supply 200 MW of n-type TOPCon 580 Wp modules to various locations across Maharashtra. The total value of the order is estimated at INR 30.2 billion. With a module manufacturing capacity of 3.8 GW as of FY24-25, Saatvik is strategically expanding and developing PV modules with advanced zero-busbar and 24-busbar technology. The company is also exploring investments in electrolyser…

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Bondada Engineering secures over Rs 110 billion solar EPC contracts

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Hyderabad-based Bondada Engineering Ltd, part of the Bondada Group, has secured two solar EPC mandates worth over Rs 110 billion. According to a stock exchange filing, the company won two orders valued at Rs 76.32 billion and Rs 36.91 billion, respectively, for ground-mounted solar PV projects in Maharashtra under the Mukhyamantri Saur Krishi Vahini Yojana 2.0 (MSKVY 2.0). MSKVY 2.0 is a Maharashtra government initiative aimed at achieving 30% solarization of agriculture feeders by 2025….