NHPC Ltd. has announced the completion of the final phase of its 300 MW Karnisar Solar Project in Bikaner, Rajasthan. In a filing dated October 10, 2025, the company confirmed the receipt of the Certificate of Successful Trial Run Completion for the fifth and final phase, covering a part capacity of 85.72 MW. With this milestone, the full 300 MW capacity of the plant is now ready for Commercial Operation Date (COD). The 25-year Power…
Rajasthan Rajya Vidyut Utpadan Nigam Limited (RVUNL) concluded its auction for a 1,000 MW/2,000 MWh standalone Battery Energy Storage System (BESS) project, recording the lowest price for such systems in India. The tariff-based competitive bidding saw rates between Rs 1.775 lakh and Rs 1.785 lakh per MW per month. Eleven winners were selected. Five companies quoting the lowest tariff became L1 bidders. Stockwell Solar led with 200 MW/400 MWh at Rs 1.775 lakh per MW…
The Ministry of New and Renewable Energy (MNRE) has approved Rajasthan’s proposal to set up a 2,000 MWh battery energy storage system (BESS) with a four-hour discharge cycle. The project is designed to support the state’s high solar generation and growing evening power demand. The Energy Department had invited bids for the project to meet non-solar and peak-hour requirements. It will add to the 4,000 MWh of BESS capacity already under development across two projects. …
SJVN Green Energy Limited (SGEL), a wholly owned subsidiary of SJVN Limited, has declared commercial operation of 128.88 MW from its Bikaner Solar Power Project on 30 September 2025. With this addition, the project has reached a cumulative commissioned capacity of 629.90 MW out of the planned 1,000 MW. The balance capacity is expected to be brought online in the near term.
Prime Minister Narendra Modi has inaugurated the 2,800 MW Mahi Banswara Rajasthan Atomic Power Project (MBRAPP), being developed through a joint venture between NTPC Limited and Nuclear Power Corporation of India Limited (NPCIL). The joint venture company, Anushakti Vidhyut Nigam Limited, is implementing the project. The plant, with an investment of Rs 420 billion, will be among India’s largest nuclear facilities and is intended to provide reliable base load power. NPCIL holds a 51 per…
Prime Minister Narendra Modi has laid the foundation stone for Avaada Group’s 1,560 MWp solar and 2,500 MWh battery energy storage project in Pugal, Rajasthan. He also inaugurated the company’s 200 MW AC (282 MWp) solar project at Shri Dungargarh in the Bikaner district. Together, the two projects represent an investment of over Rs 9,200 crore. The Shri Dungargarh solar project covers 777 acres and will supply electricity to Rajasthan discoms. It uses Avaada Electro’s…
ACME Solar Holdings Limited has arranged Rs 1,100 crore for refinancing debt for a 300 MW renewable energy project in Rajasthan and lowering borrowing costs by about 100 basis points. The project has been operational for six months and has maintained stable capacity utilisation factor (CUF) levels during this period. The refinancing has been arranged through the State Bank of India (SBI) with a tenure of nearly 17 years. According to the company, the transaction…
Ingka Investments, the €50 billion family office of IKEA, has acquired 241 MW of solar and wind assets in Rajasthan from ib vogt, a Germany-based company. The deal, valued between Rs 1,200–1,400 crore, marks Ingka’s first investment in India’s renewable energy sector. The acquisition is part of Ingka’s global plan to invest €7.5 billion in renewable energy by 2030, with a focus on utility-scale wind and solar projects that advance the energy transition and expand…
Prime Minister Narendra Modi will lay the foundation stone for the Mahi-Banswara Nuclear Power Plant in Rajasthan on September 25. He will also inaugurate and dedicate projects worth over Rs 1.21 lakh crore, including clean energy initiatives. The nuclear project marks NTPC Limited’s entry into the atomic energy sector. The Mahi-Banswara Rajasthan Atomic Power Plant will be developed through a joint venture between Nuclear Power Corporation of India Limited (NPCIL) and NTPC, with NTPC holding…
Insolation Green Energy Pvt Ltd, a wholly-owned subsidiary of Insolation Energy Ltd, has secured a mandate to set up more than 226 MW of solar photovoltaic capacity across 135 sites in Rajasthan. According to a company release, the subsidiary has received a letter of intent covering design, survey, installation, testing, commissioning, and 25 years of operations and maintenance for these projects. The award was issued by Jaipur Vidyut Vitran Nigam Ltd (JVVNL) for 20 sites…