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PSERC approves PSPCL’s procurement of 340 MW FDRE power from SJVN
The Punjab State Electricity Regulatory Commission (PSERC) has approved Punjab State Power Corporation Limited’s (PSPCL) procurement of 340 MW of Firm and Dispatchable Renewable Energy (FDRE) power from SJVN Limited. The approval covers 140 MW from Ganeko One Energy Private Limited and 200 MW from Avaada Energy Private Limited. The projects were awarded under SJVN’s…
Ormat Technologies to build 101MW geothermal plant in New Zealand
Ormat Technologies has signed a $200 million engineering, procurement, and construction (EPC) contract with Contact Energy for the development of the 101 MW Te Mihi Stage 2 geothermal power plant in New Zealand. Scheduled for completion by mid-2027, this project will contribute to New Zealand’s renewable energy goals by gradually replacing the 1950s-built Wairakei geothermal…
NHPC invites bids for planning and design of Sawalkote hydro project
NHPC Limited has launched an international tender for planning, design, and engineering work on the 1856 MW Sawalkote hydroelectric project in Jammu & Kashmir. The project is located near Sidhu village in Ramban district. The tender covers core design work for an RCC (Roller Compacted Concrete) dam, underground caverns, tunnels, and associated infrastructure. It is…
NTPC and RRVUNL form JV for 25,000 MW renewable energy projects in Rajasthan
NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited, and Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL) have established a joint venture (JV) named “NTPC Rajasthan Green Energy Limited” to develop 25,000 MW renewable energy projects in Rajasthan. NGEL holds a 74% equity stake in the JV, while RRVUNL holds 26%. The company will…
India | Generation | NewsJSW Neo Energy completes Tidong hydro acquisition
JSW Neo Energy Limited, a wholly owned subsidiary of JSW Energy Limited, has completed the acquisition of Tidong Power Generation Private Limited from Statkraft IH Holding AS. The transaction, with an enterprise valuation of approximately Rs 1,728 crore, was completed on January 29, 2026, after receiving the required regulatory approvals. Tidong Power is developing a…
India | Leadership | NewsBajaj Electricals appoints Ashween Anand as CFO
Bajaj Electricals Limited has appointed Ashween Anand as Chief Financial Officer (CFO), effective May 16, 2026. In her new role, Anand will lead the company’s finance function and oversee financial strategy, capital allocation, governance, compliance, and transformation initiatives. Anand brings more than 16 years of experience across finance, strategy, and governance. During her career, she…
