Shree Cement Limited has commissioned a 6 MWp solar power plant at its Roorkee facility in Uttarakhand. The plant, set up adjacent to its existing cement operations, was developed under a build-own-operate model with a capital investment of approximately Rs 160 million. With this addition, the company has increased solar capacity at the Roorkee site…
PNC Infratech Ltd has been selected as one of the lowest (L1) bidders in NHPC’s Tranche-XI auction to develop an interstate transmission system (ISTS)-connected solar power project with integrated energy storage. The company secured 300 MW of solar capacity and 150 MW/600 MWh of energy storage, quoting a tariff of Rs 3.13 per kWh. The…
Juniper Green Energy Private Limited has commissioned a 71 MWp solar power project at Chapalgaon village in Solapur district, Maharashtra. The project was developed through its wholly-owned subsidiary, Juniper Green Ray Two Private Limited. It marks the second phase of a larger 217 MWp solar power development at the same site in Akkalkot taluka. The…
Adani Solar Energy Jodhpur Six Private Limited, a special purpose vehicle (SPV) of Adani Green Energy Limited (AGEL), has commissioned 50 MW of solar capacity in Khavda, Gujarat. The project is part of the larger 600 MW solar development awarded under the ISTS-VIII tranche. This capacity falls under the 600 MW interstate transmission system (ISTS)-connected…
Power Mech Projects Limited has secured contracts to develop a total of 13.66 MW of grid-connected distributed solar power projects in Bihar. The award was announced on June 26, 2025, by the Bihar State Power Generation Company Limited (BSPGCL). The contracts fall under the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) scheme, specifically…
NTPC Renewable Energy Limited (NTPC REL), a wholly owned subsidiary of NTPC Limited, signed a power purchase agreement (PPA) with Uttar Pradesh Power Corporation Limited (UPPCL) for 1,000 MW of solar power. The PPA was signed at a tariff of Rs 2.56 per kWh. NTPC REL had secured this capacity in UPPCL’s January 2025 auction…
Serentica Renewables India Private Limited (SRIPL) has achieved financial closure for its 300 MW solar power project in Rajasthan. The company has secured over Rs 8.58 billion (USD 100 million) through External Commercial Borrowing (ECB) from Rabobank and Societe Generale. The power generated from this project will be supplied to Bharat Aluminium Company Limited (BALCO),…
NTPC Renewable Energy Limited, a wholly owned subsidiary of NTPC Limited, has signed a Power Purchase Agreement (PPA) with Uttar Pradesh Power Corporation Limited (UPPCL) for a 1,000 MW solar PV project. The tariff has been fixed at Rs 2.56 per kWh, making it one of the most competitively priced utility-scale solar projects in India…
Maruti Suzuki India Limited (MSIL) has commissioned a total of 30 MWp solar power capacity across its Haryana facilities. This includes a 20 MWp installation at Kharkhoda and a 10 MWp unit at Manesar. Alongside these projects, the company is increasing the share of green power sourced from State Electricity Boards, further reducing its reliance…
The Asian Development Bank (ADB) has withdrawn its loan approval of Rs 36.51 billion (USD 434.25 million) for the 500 MW phase of the Khagarijan Solar Power Project in Assam. The withdrawal comes in response to local protests over the project’s development. ADB had initially approved the loan in October 2024. The project is being…