ACME Solar Holdings Private Limited has signed a 25-year power purchase agreement (PPA) with NHPC Limited for a 250 MW firm and dispatchable renewable energy (FDRE) project in Rajasthan. The agreement was signed on June 20, 2025. The agreement has been signed at a tariff of Rs 4.56 per kWh. The project is required to…
NHPC Limited began commercial operations of 53.57 MW on June 7, 2025, under its 1,000 MW grid-connected solar photovoltaic (PV) power project in Bikaner, Rajasthan. The commissioned capacity is part of a 300 MW plant being developed by Tata Power Solar Systems Limited at Karnisar-Bhatiyan in Bikaner. So far, 160.71 MW of capacity has been…
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…
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…
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…
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…
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…
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…
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…
NHPC Limited started commercial operations of 107.14 MW solar capacity on April 12, 2025, under the 1,000 MW Grid Connected Solar PV Power Project (CPSU Tranche-III) at Bikaner, Rajasthan. With this, the total commissioned capacity under the project now stands at 138.14 MW. This capacity is part of a 300 MW solar power plant being…