Regulatory Developments in Renewable Sector April 21, 2025

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  CERC upholds CTUIL’s revocation of 160 MW wind project connectivity The Central Electricity Regulatory Commission (CERC) has dismissed Halvad Renewables Private Limited’s petition against the revocation of its 160 MW connectivity at the Gadag-II substation in Karnataka. The order, issued on March 27, 2025, upheld Central Transmission Utility of India Limited’s (CTUIL) action based on non-compliance with the General Network Access (GNA) Regulations, 2022. Halvad Renewables, a subsidiary of EDF Renewables, had sought to…

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BrightKnight and Hero Future Energies ink deals with NTPC for RE projects

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BrightKnight and Hero Future Energies (HFE) have signed 25-year power purchase agreements (PPAs) with NTPC Limited. The agreements, finalized on April 15, 2025, cover the development of a combined 230 MW of Firm and Dispatchable Renewable Energy (FDRE) projects. These projects will be connected through the Inter-State Transmission System (ISTS), offering reliable, renewable energy from wind-solar hybrid sources coupled with energy storage systems. The installations can be developed anywhere in India under NTPC’s Tranche-II FDRE…

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Serentica Renewables signs PPA with NTPC for 200 MW RE project

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On April 15, 2025, Serentica Renewables India Private Limited (SRIPL) signed a 25-year power purchase agreement (PPA) with NTPC Limited for the development of a 200 MW Firm and Dispatchable Renewable Energy (FDRE) project. The project is part of NTPC’s Tranche-II FDRE auction and will be connected to the Inter-State Transmission System (ISTS). The agreement follows Serentica Renewables’ success in securing the 200 MW FDRE capacity under NTPC’s Tranche-II auction held in March 2024. During…

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JSW Neo acquires 4.7 GW renewable energy platform from O2 Power

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JSW Neo Energy Limited, a wholly owned subsidiary of JSW Energy Limited, has acquired a 4.7 GW renewable energy platform from O2 Power Pooling Pte Limited. O2 Power is a joint venture between global investors EQT and Temasek. The acquisition, valued at Rs 124.68 billion, includes a mix of operational and under-construction renewable assets. Of the total capacity, 2,259 MW is expected to become operational by June 2025. Once commissioned, this portion is projected to…

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MNRE reports record 29.52 GW renewable capacity addition in FY 2024–25

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The Ministry of New and Renewable Energy (MNRE) has reported strong progress in India’s clean energy sector for the Financial Year 2024–25. A record 29.52 GW of renewable energy capacity was added during the year, taking the total installed renewable capacity to 220.10 GW as of 31 March 2025.   Solar energy was the main driver of this increase, with 23.83 GW added in FY 2024–25. This is a notable jump from the 15.03 GW added…

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Hero Future Energies to supply 120 MW renewable power to SJVN

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Hero Future Energies (HFE) has signed a power purchase agreement (PPA) with SJVN Limited to supply 120 MW of firm and dispatchable power. The power will come from a renewable energy project integrated with energy storage. HFE secured this capacity at a tariff of Rs 4.25 per kWh in SJVN’s 1,200 MW auction. The project will follow a build-own-operate model. It can be set up anywhere in India, as long as it connects to the…

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Kundan Green Energy acquires 11.5 MW waste-to-energy plant in Jabalpur

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Kundan Green Energy has taken over an 11.5 MW operational waste-to-energy plant in Jabalpur, Madhya Pradesh. The acquisition was made through insolvency proceedings under the Insolvency and Bankruptcy Code, 2016. The process was initiated by the State Bank of India and completed via the National Company Law Tribunal. The acquired facility, previously operated by the Essel Group under Jabalpur MSW Private Limited, processes about 450 tonnes of municipal solid waste each day. The electricity it…

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BPCL and Sembcorp form JV for renewable energy and green hydrogen

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Bharat Petroleum Corporation Limited (BPCL) and Sembcorp Green Hydrogen India Private Limited (SGHIPL), a wholly owned subsidiary of Sembcorp Energy India Limited (SEIL), signed a Joint Venture Agreement (JVA) on April 3, 2025. The agreement marks the formation of a 50:50 joint venture (JV) to develop renewable energy and green hydrogen projects in India. The JV will focus on setting up renewable power, green hydrogen, and green ammonia production facilities. It will also explore opportunities…

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TotalEnergies completes renewable energy acquisitions across Europe, Africa, and Canada

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TotalEnergies has completed the acquisition of multiple renewable energy projects across Europe, Africa, and Canada. These include wind, solar, and hydropower assets in partnership with VSB Group, SN Power, and RES. In Europe, the acquisition of VSB Group adds 500 MW of capacity that is either installed or under construction, along with a development pipeline of over 15 GW in wind and solar. In Africa, TotalEnergies has acquired SN Power’s assets, gaining a 28.3 per…

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IndiGrid commissions India’s first regulated utility-scale BESS project

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IndiGrid has commissioned India’s first regulated utility-scale standalone Battery Energy Storage System (BESS) project with a capacity of 20 MW/40 MWh. The project is located in Delhi and operated by Kilokari BESS Pvt Ltd (KBPL). This marks IndiGrid’s first commercial battery storage project and a significant step in India’s push for cleaner, more resilient power infrastructure. KBPL is designed to support grid stability, manage peak demand, and integrate renewable energy at the distribution level. IndiGrid…