Tata Power Company Limited (TPCL) has signed a share purchase agreement to acquire a 40% equity stake in Khorlochhu Hydro Power Limited (KHPL) for the development of a 600 MW hydropower project in Bhutan, valued at Rs 69 billion.Â
TPCL will invest approximately Rs 8.3 billion in cash over multiple tranches during the next five years.
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…
Suzlon Group has secured the first commercial order for its newly launched S175 (5.0 MW) wind turbine from Sunsure Energy. The 105 MW order comes just two weeks after the launch of the S175, which the company describes as India’s tallest and most powerful wind turbine. Under the order, Suzlon will supply, erect, commission and…
NTPC Group reached a significant milestone by achieving 300 billion units (BU) of power generation on December 8, 2024, in FY 2024-25, marking the fastest-ever achievement in just 252 days. This accomplishment is 10 days earlier compared to the previous financial year when the company crossed the 300 BU mark on December 18, 2023. The…
The Saudi Power Procurement Company (SPPC) has awarded contracts for the development of 7.2GW of power projects to consortiums led by Saudi Electricity Company and Abu Dhabi National Energy Company (Taqa). The projects, essential to Saudi Arabia’s strategic energy mix plan, align with Vision 2030 and the Saudi Green Initiative, which targets a 50% contribution…
Torrent Saurya Urja 2 Private Limited, a wholly owned subsidiary of Torrent Power Limited (TPL), has commissioned a 300 MW grid-connected solar power project in Gujarat. TPL won bids in April 2021 for a 150 MW base capacity and an additional 150 MW under the greenshoe option at a tariff of Rs 2.22 per kWh….
Unit-1 (800 MW) of Patratu Super Thermal Power Project, Stage-1 (3×800 MW), operated by Patratu Vidyut Utpadan Nigam Limited (PVUNL), has completed its trial operation and is now included in the installed capacity of the NTPC Group from October 16, 2025. With this addition, NTPC’s total installed capacity has reached 84,849 MW. PVUNL had synchronised…