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NHPC invites bids for H&M works of Uri-I Stage II hydro project

NHPC Limited has invited bids for the Lot-II package of hydro-mechanical works for the Uri-I Stage II Hydro Electric Project in Jammu & Kashmir. The tender, issued on May 30, 2025, covers all gates and pressure shaft liners. The deadline for bid submission is July 11, 2025. The contract is valued at Rs 859.4 million and is expected to be completed in 1,157 days. The Uri-I Stage II project will be implemented across the Uri,…

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NTPC, Opera Energy win NHPC’s 125 MW BESS auction in Kerala

NHPC Limited has concluded its auction for 125 MW/500 MWh of standalone battery energy storage systems (BESS) to be connected to Kerala’s intrastate transmission network. NTPC Green Energy Limited (NGEL) secured two projects totaling 80 MW/320 MWh. The first project, 40 MW/160 MWh at Pothencode substation, was awarded at a tariff of Rs 457,000 per MW per month. The second, 40 MW/160 MWh at Sreekantapuram substation, was awarded at Rs 434,000 per MW per month….

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Andritz secures Rs 1.09 bn contract for GIS work at Teesta-V

Andritz Hydro Private Limited has secured a contract worth Rs 1,093.7 million for the supply, erection, testing, and commissioning of key electrical infrastructure for the Teesta-V Hydro Power Project in Sikkim. The scope includes a 420 kV gas insulated substation (GIS), a 400 kV outdoor pothead yard, 400 kV cross-linked polyethylene (XLPE) cables, and related accessories. The tender was issued by NHPC Limited in November 2024. The 510 MW (3×170 MW) Teesta Stage V Hydro…

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NHPC awards 2,400 MW wind-solar hybrid projects under Tranche-X

NHPC Limited has issued Letters of Award (LoAs) to four developers for setting up a total of 2,400 MW of Inter-State Transmission System (ISTS)-connected wind-solar hybrid power projects across India. These projects, awarded under Tranche-X, may include Energy Storage Systems (ESS) and will be developed on a build, own, and operate (BOO) basis. Sprng Vayu Vidyut Private Limited (Sprng Energy) secured 150 MW by quoting a tariff of Rs 3.41 per kWh. Illuminate Hybren Private…

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NHPC invites bids for civil works package in J&K hydro project

NHPC Limited issued a tender on May 9, 2025, for the Lot-I civil works package of the Uri-I Stage II Hydro Electric Project in Jammu & Kashmir. The last date for bid submission is June 9, 2025. The package includes construction of the Head Race Tunnel (HRT), pressure shaft/penstock, surge shaft, underground power house and transformer caverns, tail race tunnel (TRT), adits, bus ducts, ventilation tunnels and shafts, and other related structures. The estimated cost…

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NHPC to develop 2,000 MW pumped storage in Rajasthan

NHPC Limited and Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL) have signed a Memorandum of Understanding (MoU) to develop two pumped storage projects (PSPs) of 1,000 MW each in Rajasthan. The projects will be implemented through a joint venture (JV) between the two entities. This move strengthens NHPC’s presence in Rajasthan, where it recently began commercial operations of 107.14 MW of solar capacity. The project is part of the 1,000 MW Grid Connected Solar PV…

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NHPC raises Rs 19.45 billion; NTPC to raise Rs 40 billion via bond issues

NHPC Limited has raised Rs 19.45 billion through the issuance of unsecured, redeemable, non-convertible, non-cumulative, taxable bonds (NCTs). These bonds, part of the 6.86% AF series, were issued on a private placement basis and will mature on May 6, 2040. The allotment date was May 6, 2025, giving the bonds a 15-year tenure. The bonds will be listed on the wholesale debt market segments of the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE)….

Regulatory Developments in Power Generation Sector: April 29, 2025

  APTEL partly upholds SEPC’s fixed charge claim against TANGEDCO The Appellate Tribunal for Electricity (APTEL) has partly allowed the Tamil Nadu Generation and Distribution Corporation’s (TANGEDCO) appeal against the Tamil Nadu Electricity Regulatory Commission’s (TNERC) order that had upheld SEPC Power Private Limited’s (SEPC) claim for fixed charges. The case pertains to a power supply dispute under a power purchase agreement (PPA) for a 525 MW imported coal-based thermal plant in Tamil Nadu. SEPC…

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NHPC approves 1,200 MW Jalaun solar park in Uttar Pradesh

The Board of Directors of NHPC Limited has approved the development of a 1,200 MW solar power park in Jalaun, Uttar Pradesh. The project will be implemented by Bundelkhand Saur Urja Limited (BSUL), a joint venture between NHPC and the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA). It is part of the Ultra Mega Renewable Energy Power Park (UMREPP) scheme of the Ministry of New and Renewable Energy (MNRE). The solar park will…

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NHPC commissions 800 MW capacity of Parbati Stage-II hydro project

NHPC Limited declared the commercial operation date (CoD) for Unit 4 of the Parbati Hydro Electric Project Stage-II on April 16, 2025. With this, the entire 800 MW project is now fully commissioned. The project is built on the Beas River in Kullu district, Himachal Pradesh, around 260 km from Chandigarh. Developed at an investment of Rs 98.97 billion, the plant uses four Pelton turbine units of 200 MW each. Parbati Stage-II is part of…