The Ministry of New and Renewable Energy has circulated a draft Office Memorandum proposing a one-time relief package to address delays in signing Power Purchase Agreements (PPAs) for nearly 45 GW of renewable energy (RE) projects that have already received Letters of Award (LoAs). The proposal follows a meeting held on May 6, 2026, chaired…
The Central Electricity Regulatory Commission (CERC) has issued a draft order proposing a one-time mechanism to address inter-state transmission system connectivity granted to renewable energy projects that have not signed power purchase agreements (PPAs) within the stipulated period. The proposal aims to release blocked transmission capacity and reallocate it to projects ready for execution. The…
ACME Greentech Seventh Private Limited, a wholly owned subsidiary of ACME Solar Holdings Limited, has signed two Power Purchase Agreements (PPAs) with SJVN Limited for a total capacity of 450 MW under a Firm and Dispatchable Renewable Energy (FDRE) project. The agreements cover contract capacities of 300 MW and 150 MW. The execution of these…