REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, has transferred its entire shareholding in Jalna Power Transmission Limited to Maharashtra State Electricity Transmission Company Limited (MSETCL), the successful bidder selected through the tariff-based competitive bidding (TBCB) process. The transfer, completed on June 12, 2026, comprises 50,000 equity shares at…
Tata Power has formally executed a Supplementary Power Purchase Agreement (SPPA) with Gujarat Urja Vikas Nigam Limited (GUVNL) for its 4 GW Mundra thermal power plant, filing a disclosure with BSE and NSE this morning under Regulation 30 of the SEBI (LODR) Regulations, 2015. The filing confirms that identical agreements are now set to be…
NHPC Limited has secured Terms of Reference (ToR) for its proposed 2,400 MW Savitri Open Loop Pumped Storage Project in Maharashtra from the Expert Appraisal Committee (EAC) for River Valley and Hydroelectric Projects. The approval resolves a delay caused by the need for a formal clearance from the Mahabaleshwar–Panchgani Eco-Sensitive Zone (ESZ) Monitoring Committee. The…
GAIL (India) Limited has approved the development of a 178.2 MW greenfield wind power project in Maharashtra, with an estimated investment of Rs 1,736.25 crore. The decision was taken at a board meeting held on February 27, 2026. The proposed capacity will add to GAIL’s existing wind portfolio of 117.95 MW, which is currently operating…
Power Finance Corporation Limited (PFC) informed stock exchanges on February 27, 2026, that Saswad Transmission Limited has been transferred to Maharashtra State Electricity Transmission Company Limited (MSETCL). The transaction was completed on February 26, 2026. Saswad Transmission Limited was a wholly owned subsidiary of PFC Consulting Limited, which in turn is a wholly owned subsidiary…
PFC Consulting Limited has qualified Adani Energy Solutions Limited and five other companies to proceed to the financial bidding stage for an intra-state power transmission project in Maharashtra, according to a notice issued by the bid process coordinator. The project relates to the Transmission Scheme for the Establishment of 400/220 kV AIS Wagdari in Solapur…
Vikran Engineering Limited has secured a turnkey Engineering, Procurement and Construction (EPC) contract worth Rs 20.35 billion from Onix Renewables Limited for developing 600 MW (Alternating Current or AC) solar power projects across multiple locations in Maharashtra. The work order, dated December 22, 2025, includes design, engineering, procurement, supply, erection, testing and commissioning of the…
Power Finance Corporation (PFC) has set up a Special Purpose Vehicle (SPV) through its subsidiary, PFC Consulting Limited. In its 11 December filing, PFC said the SPV, Latur Rez Transmission Limited, will carry out surveys, land acquisition and other preparatory tasks for the 400/220/132 kV AIS Latur system. The SPV will be transferred to the…
REC Power Development and Consultancy Limited has issued three Requests for Proposal to select Transmission Service Providers for new intra-state transmission projects in Thane, Raigad and Dhule. The projects will support rising electricity demand from data centres, industrial users and renewable energy development across Maharashtra. Each project will be awarded through tariff-based competitive bidding on…
Maharashtra State Electricity Distribution Co. Ltd (MSEDCL) has issued guidelines for installing smart meters at specific HT metering points. The directive defines where smart meters are required, lists exemptions, and sets a three day timeline for certain replacements. The directive states that all HT billing meters with ABT and Net Metering facilities, including Open Access…