Regulatory Developments in Renewable Sector: April 3, 2025

Regulatory Developments in Renewable Sector: April 3, 2025

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  MERC approves TP Solapur Saurya and others’ petition against incorrect levy of wheeling charges The Maharashtra Electricity Regulatory Commission (MERC) has approved the petition filed by TP Solapur Saurya Limited, TP Arya Saurya Limited, and TP Ekadash Limited regarding the incorrect levy of wheeling charges and losses on the energy generated from their solar power plants. The commission ruled that Maharashtra State Electricity Distribution Company Limited (MSEDCL) is not entitled to impose wheeling charges…

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Datta Power wins bid for 112 MW wind project

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Adyant Enersol Private Limited, a subsidiary of Datta Power Infra Private Limited, has secured a 112 MW wind power project under the 600 MW Inter State Transmission System (ISTS)-Connected Wind Power Project (Tranche-II) by SJVN.  The company won the bid with a tariff of Rs 3.81 per kWh. SJVN invited bids in April 2024 to select wind power developers for setting up ISTS-connected wind projects across India under Tranche-II. The total capacity under this tranche…

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Sapher partners with Punjab government for solar farm development

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Sapher has partnered with the Punjab government to develop solar farms in high-potential locations such as Fazilka and Ferozepur. This initiative is being executed in collaboration with Punjab Generation Company, a wholly-owned subsidiary of the Punjab Energy Development Agency. The goal is to boost the state’s renewable energy capacity while addressing challenges associated with canal-based hydropower.  We have been closely following Punjab’s renewable energy initiatives. This year, Solidus Techno Power Private Limited has signed an…

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Renewable energy cannibalization lowers solar market revenues in Europe

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Photovoltaics (PV) and wind now dominate Europe’s power generation, surpassing fossil fuels, according to the latest Enervis report. However, increasing cannibalization of renewable energy is reducing market revenues for solar and wind power producers. Cannibalization occurs when high solar and wind generation floods the electricity market, driving down prices, sometimes even turning negative. In 2024, this effect was particularly strong in Germany, where PV capture rates dropped to just 59%, the lowest in Europe. In…

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KP Energy fully commissions 28.6 MW wind power project in Gujarat

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KP Energy Limited has commissioned a 2.8 MW wind turbine generator (WTG) under its 28.6 MW wind power project at Vagra in Bharuch, Gujarat, on February 22, 2025, marking the full completion of the project. The project, developed under the Independent Power Producer (IPP) segment, will supply power to Gujarat Urja Vikas Nigam Limited (GUVNL) at a tariff of Rs 2.43 per kWh. Earlier this month, KP Energy commissioned a 25.8 MW wind power project…

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Adani Green and Madhav Infra commission solar projects in Gujarat

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Adani Green Energy Twenty Six B Limited, a subsidiary of Adani Green Energy Limited (AGEL), has commenced commercial operations for a 67 MW solar power project under the 30,000 MW Khavda Wind-Solar Hybrid Power Park in Gujarat’s Rann of Kutch on February 24, 2025. The Khavda project includes 26,000 MW of solar and 4,000 MW of wind power, with Gujarat Industries Power Company Limited (GIPCL) as the nodal agency. Adani Green is developing the project,…

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Madhya Pradesh secures MoUs for RE projects at Global Investors Summit

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Madhya Pradesh has secured further investments in renewable energy (RE) through new Memorandums of Understanding (MoUs) signed at the Global Investors Summit 2025. At the summit, five companies formalized their investment plans: KP Group committed to a 1,800 MW RE project, including solar, wind, wind-solar hybrid, biomass, and battery energy storage system (BESS) projects. Four Square Green Energy Private Limited signed an MoU worth Rs 50.05 billion for solar, wind, and BESS projects. OPG Power…

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NHPC to invest Rs 840 billion in 20 GW pumped storage project

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NHPC Ltd, a state-owned hydropower company, has announced a major investment of Rs 840 billion to develop 20 GW of pumped storage capacity.  This project is part of a larger capital expenditure plan estimated at Rs 12,000 billion, with most investments to be made through joint ventures (JVs). Currently, NHPC has an installed capacity of 7.1 GW from renewable sources across 25 power stations, including 1.5 GW from subsidiaries. The company also plans to allocate…

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WestWind Energy signs lease agreement for wind farm project in Australia

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WestWind Energy has signed a lease agreement with the New South Wales government for the construction of the Lake Victoria wind farm, a project set to be developed over 2-3 years, from 2029 to 2032.  The wind farm is planned to consist of up to 201 turbines, with an estimated capital expenditure of $3.8 billion. It will have an installed capacity of about 1,000 MW and an annual energy production of 3,400 GWh, enough to…

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MNRE issues draft guidelines for solar cold storage systems with TES backup

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The Ministry of New and Renewable Energy (MNRE) has released draft guidelines outlining the design, specifications, performance, and testing for solar cold storage systems equipped with thermal energy storage (TES) backup. These systems are primarily powered by solar photovoltaic (PV) energy, with TES providing backup cooling during non-solar hours, ensuring uninterrupted refrigeration for agricultural produce, dairy, fisheries, and pharmaceutical products. The guidelines define standards for solar cold storage units with capacities of 2 MT, 5…