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.
REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, has transferred the special purpose vehicle (SPV), ERES-XXXIX Power Transmission Limited, to Tata Power Company Limited through a tariff-based competitive bidding process. The project involves establishing a 765/400 kV, 2×1500 MVA gas-insulated switchgear substation at Gopalpur in Odisha, along with 199…
On June 25, 2025, the Ministry of Power issued amendments to the guidelines for Tariff Based Competitive Bidding (TBCB) for procuring power from grid-connected renewable energy projects. The revised norms apply to solar, wind, wind-solar hybrid, and firm dispatchable power projects with energy storage. The changes were shared through a formal communication to stakeholders, including…
JSW Energy Limited has announced that its wholly owned subsidiary, JSW Thermal Energy Limited, has signed a contract with associate company Toshiba JSW Power Systems Private Limited for the supply of two 800 MW steam turbine generators. The equipment will be deployed at the 1,600 MW Salboni thermal power project in West Bengal. The contract…
Damodar Valley Corporation (DVC) has awarded Bharat Heavy Electricals Limited (BHEL) the engineering, procurement, and construction (EPC) contract for the 2×800 MW Koderma Thermal Power Station (TPS) Phase II in Jharkhand. The project will add 1,600 MW to DVC’s generation capacity, addressing growing regional energy demands and promoting socio-economic development. The Koderma TPS Phase II…
REC Limited has reported strong financial results for Q2 FY25, with a 17% rise in revenue from operations, reaching Rs 135.71 billion, compared to Rs 115.90 billion in the same quarter last year. Total income increased by 18% to Rs 266.33 billion, while net interest income saw a notable 25% jump, reaching Rs 97.23 billion….
Jupiter International Limited has received an order worth over Rs 30 million from the West Bengal Khadi & Village Industries Board (WBKVIB). The project involves the supply, installation, and maintenance of rooftop grid-connected solar photovoltaic (PV) power plants across 23 locations in West Bengal. The total capacity will be approximately 0.5 MW. The project is…