Torrent Power commissions 300 MW solar project in Gujarat
Author: PPD Team Date: 03/02/2025
Author: PPD Team Date: 03/02/2025
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. The bids were invited by Torrent Power Limited – Distribution (TPL-D) in December 2020 for 300 MW, with an option for an additional 300 MW.
The project includes 300 MW/420 MWp of solar photovoltaic (PV) capacity. Power generated will be supplied to TPL-D under a 25-year power purchase agreement (PPA).
Author: PPD Team Date: 28/04/2025 THDC India Limited has synchronised the first 250 MW unit of its 1,000 MW pumped storage project (PSP) at Tehri, Uttarakhand, in pump condenser mode. In pump condenser mode, the turbine acts both as a generator and a condenser. It helps generate electricity and also regulates grid stability by absorbing excess energy without producing power, enhancing operational flexibility. The Tehri PSP consists of four reversible pump turbine units of 250…
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Author: PPD Team Date: 28/04/2025 THDC India Limited has synchronised the first 250 MW unit of its 1,000 MW pumped storage project (PSP) at Tehri, Uttarakhand, in pump condenser mode. In pump condenser mode, the turbine acts both as a generator and a condenser. It helps generate electricity and also regulates grid stability by absorbing excess energy without producing power, enhancing operational flexibility. The Tehri PSP consists of four reversible pump turbine units of 250…
Author: PPD Team Date: 07/01/2025 Insolation Energy has launched a new subsidiary, MGVI Green Infra One, to focus on solar and renewable energy projects. The subsidiary will handle the development, installation, construction, operation, and maintenance of solar power plants and other renewable energy projects. It will also provide consultancy services and commission rooftop solar photovoltaic projects with comprehensive operation and maintenance (O&M) services. MGVI Green Infra One has an authorised share capital of Rs 0.1…
Author: PPD Team Date: 12/05/2025 NHPC Limited has raised Rs 19.45 billion through the issuance of unsecured, redeemable, non-convertible, non-cumulative, taxable bonds (NCTs). These bonds, part of the 6.86% AF series, were issued on a private placement basis and will mature on May 6, 2040. The allotment date was May 6, 2025, giving the bonds a 15-year tenure. The bonds will be listed on the wholesale debt market segments of the Bombay Stock Exchange (BSE)…
Author: PPD Team Date: 30/04/2025 Tamil Nadu Generation and Distribution Corporation Limited (Tangedco) has paused site stability tests, including rock blasting and earth quarrying, for its proposed 2,000 MW Sillahalla Pumped Storage Hydroelectric Project in the Nilgiris. Estimated at Rs 69.14 billion, the project was to be developed in two stages through a public-private partnership. The state would provide funding while the central government would serve as the regulatory authority. Groundwork activities began after the…
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Author: PPD Team Date: 28/04/2025 THDC India Limited has synchronised the first 250 MW unit of its 1,000 MW pumped storage project (PSP) at Tehri, Uttarakhand, in pump condenser mode. In pump condenser mode, the turbine acts both as a generator and a condenser. It helps generate electricity and also regulates grid stability by absorbing excess energy without producing power, enhancing operational flexibility. The Tehri PSP consists of four reversible pump turbine units of 250…
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