Waaree Renewable wins bid for 170 MW in Neemuch Solar Park Project
Author: PPD Team Date: December 11, 2024
Author: PPD Team Date: December 11, 2024
Waaree Renewable Energy Technologies Limited has won bids to set up a 170 MW capacity under Unit-III of the Neemuch Solar Power Park Project in Madhya Pradesh.
The company quoted a tariff of Rs 2.15 per kWh for the project.
The Rewa Ultra Mega Solar Limited (RUMSL), a joint venture of Solar Energy Corporation of India (SECI) and Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL), is developing three solar parks with a combined capacity of 1,500 MW in Madhya Pradesh’s Agar, Shajapur, and Neemuch districts.
The 500 MW Neemuch Solar Power Project is being developed in three units: Unit-I (160 MW), Unit-II (170 MW), and Unit-III (170 MW).
Author: PPD Team Date: July 15, 2025 The National Stock Exchange (NSE) successfully launched its Monthly Electricity Futures (ELECMBL) contracts on 14 July 2025, recording a total turnover of Rs 177.24 crore by the end of the first trading day. More than 8,100 contracts were traded, reflecting strong early interest in India’s newest power market instrument. By 2:00 PM on Monday, over 4,000 lots had already been traded, representing more than 200 million units of…
Author: PPD Team Date: May 7, 2025 Rail Vikas Nigam Limited (RVNL) is planning to develop a 300 MW wind-solar hybrid power project with an energy storage system (ESS) in India. The project is estimated to cost Rs 15 billion. RVNL is exploring potential locations for the project in Bihar, Jharkhand, or Karnataka. The company will oversee infrastructure development, including transmission systems, while partnering companies will provide expertise in technology, solar modules, and wind components.
Author: PPD Team Date: January 22, 2025 Waaree Energies Limited has successfully delivered 132.5 MWp of high-performance 575/580 MWp n-Type TOPCon solar modules to Radiance Renewables Private Limited. These modules, designed for superior energy efficiency across diverse environmental conditions, were delivered by December 2024. The project, supporting the Commercial and Industrial (C&I) segment, is expected to offset approximately 202,826 tonnes of carbon emissions annually. In July 2024, Waaree Energies also secured a Letter of Award…
Author: PPD Team Date: July 2, 2025 The Ministry of Coal will launch a new Exploration Module on 4 July 2025 through its Single Window Clearance System (SWCS). Developed by CMPDIL, the module will digitize the full coal exploration process. Allottees can now submit exploration proposals online. The Ministry will review and approve them through a single interface with real-time tracking and clear timelines. The module covers all steps: scheme vetting, progress updates, Geological Report…
Author: PPD Team Date: January 6, 2025 The US Bureau of Ocean Energy Management (BOEM) has launched a process to consider offshore wind energy leasing off the coast of Guam, a US Pacific territory. A Call for Information and Nominations has been issued to gather public input and identify potential leasing areas. This initiative aligns with Guam’s renewable energy targets of 50% by 2035 and 100% by 2045, as well as the US administration’s goal…
Author: PPD Team Date: January 19, 2026 NTPC Green Energy Limited (NGEL) has commenced commercial operations of a 37.5 MW segment of a solar power project located in Bhuj, Gujarat. In a regulatory disclosure to the stock exchanges, NGEL stated that the third phase of the 150 MW solar project achieved commercial operation on January 17, 2026. The project is owned by Ayana Renewable Power Four Private Limited, a subsidiary of Ayana Renewable Power Private…