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…
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…
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…
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…
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…
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…
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…
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…
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…
Sterling and Wilson Renewable Energy Limited (SWREL) has received a letter of intent from a private power producer to execute an engineering, procurement and construction package for a 300 MW AC solar project in Rajasthan. The project will have a capacity of 420 MWp DC and include a 220/33 kV pooling substation. The contract is…