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DVC signs PPAs with GUVNL to supply 559 MW of power

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Damodar Valley Corporation (DVC) has entered into power purchase agreements (PPAs) with Gujarat Urja Vikas Nigam Limited (GUVNL) to supply a total of 559 MW of electricity.  This includes 359 MW from the 800 MW Durgapur Thermal Power Expansion Project in West Bengal and 200 MW from the 2×800 MW Koderma Thermal Power Expansion Project in Jharkhand. The Durgapur project, situated in Bardhaman district, is an expansion of the retired Durgapur Steel Thermal Power Project. …

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Equinix partners with CleanMax for renewable energy project in Maharashtra

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Equinix, Inc. has entered into its first power purchase agreement (PPA) in India with CleanMax to develop a 33 MW captive power plant in Maharashtra.  The facility will comprise 26.4 MWp of solar and 6.6 MW of wind capacity, with phased operations commencing in 2025.  This initiative aligns with Equinix’s sustainability strategy, aiming to meet the increasing energy demands of its International Business Exchange (IBX) data centers in Mumbai, driven by the rise in data…

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Adani Power cuts power supply to Bangladesh over unpaid dues

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Adani Power Jharkhand Limited (APJL), a subsidiary of Adani Power, has halved its power supply to Bangladesh, citing outstanding dues of $846 million, according to local media.  Data from Power Grid Bangladesh PLC shows that supply from the 1,496 MW plant has been reduced to 700 MW from a single unit, exacerbating Bangladesh’s energy shortfall, which exceeded 1,600 MW overnight. On October 27, Adani warned the Bangladesh Power Development Board (PDB) of potential supply cuts…

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Adani Group to supply 6,500 MW of power to MSEDCL

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Adani Power and Adani Renewable Energy Fifty Five, subsidiaries of the Adani Group, have entered into agreements to supply a combined 6,500 MW of power to the Maharashtra State Electricity Distribution Company Limited (MSEDCL).  Adani Power has signed a 25-year Power Supply Agreement (PSA) to provide the state with approximately 1,500 MW of thermal power. Concurrently, Adani Renewable Energy Fifty Five, a wholly-owned subsidiary of Adani Green Energy Limited (AGEL), has entered into a Power…

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JSW Steel to commission 580 MW renewable power by March 2025

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JSW Steel’s Board has approved an expanded power purchase agreement (PPA) to procure renewable power for a total of 2,507 MW across its sites at Vijayanagar, Dolvi, Salem, and Anjar. Of the initial 1,637 MW commitment, 375 MW has already been commissioned, with an additional 580 MW expected to come online by March 2025. The Board has now greenlit further renewable procurement, including a hybrid energy capacity of 600 MW (200 MW solar and 400…

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Tembo Global secures PPA for 124 MW solar project in Maharashtra

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Tembo Global Industries announced it has secured its first power purchase agreement (PPA) from the Maharashtra government for a 124 MW solar project.  The project, with an estimated cost of Rs 5.95 billion, is expected to be completed within 18 months, the company said in an exchange filing. This solar initiative will not only bolster the local energy supply but also create jobs and stimulate economic growth in the region. Tembo’s investment in solar energy…