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KPI Green Energy targets early completion of 200 MW solar project
KPI Green Energy, which secured a 200 MW CTU-connected solar project from Gujarat Urja Vikas Nigam (GUVNL) in August 2023, aims for early completion. The power purchase agreement (PPA) was signed on March 1, 2024, with a scheduled commercial operation date (SCOD) between May 31, 2025, and November 30, 2025. Upon completion of the Khavda…
Waaree Energies and KEC International post Q1 results
Waaree Energies and KEC International have reported strong financial performance for the first quarter, driven by improved profitability and healthy revenue growth. Waaree Energies posted a 20.3 per cent sequential rise in net profit to Rs 745 crore, compared to Rs 619 crore in the previous quarter. Revenue rose 10.5 per cent quarter-on-quarter to Rs…
TNB and Sembcorp to export 50 MW renewable energy to Singapore
Tenaga Nasional Bhd (TNB) and Sembcorp Power Private Limited have signed an agreement for Malaysia’s first renewable energy export to Singapore, with the supply of 50 MW of electricity. This agreement follows the Energy Exchange Malaysia auction held in June 2024 and aligns with Malaysia’s Cross-Border Electricity Sales for Renewable Energy Scheme. The electricity will…
MERC and GEAPP partner to advance Maharashtra’s energy transition
The Maharashtra Electricity Regulatory Commission (MERC) and Global Energy Alliance for People and Planet (GEAPP) have signed a Statement of Intent (SoI) to support Maharashtra’s energy transition through regulatory and policy innovations. The initiative will explore areas such as grid management, renewable energy integration, demand flexibility, energy efficiency, and tariff rationalization. The collaboration builds on…
HydroWing and PLN to develop Indonesia’s first tidal energy plant
HydroWing, a division of Inyanga Marine Energy Group, has signed a binding agreement with a sub-holding of Indonesia’s state-owned power company, PLN (Perusahaan Listrik Negara), to develop the country’s first tidal energy project. The 10 MW tidal current power plant is planned for East Nusa Tenggara in the Indonesian archipelago. This partnership builds upon a…
Power Ministry updates contract rules, invites experts for hydro dispute resolution
On June 16, 2025, the Ministry of Power issued amendments to its 2021 guidelines on the Model Contract Provision for “Dispute Avoidance Mechanism” in hydro power projects. This mechanism involves appointing Independent Engineers (IEs) to resolve disagreements between Central Public Sector Enterprises (CPSEs) and contractors at an early stage. The updated provisions revise payment terms….
