Author: PPD Team Date: December 4, 2024
Waaree Renewable Energy Technologies Limited (formerly Sangam Renewables Limited) has won a contract to supply solar modules for a cumulative 524 MWp solar power project in India.
 The contract, awarded on December 2, 2024, includes 364 MWp and 160 MWp capacities, with module supplies slated to commence in FY 2025 and FY 2026, respectively.
Author: PPD Team Date: September 3, 2025 Saatvik Green Energy Limited has received a letter of award from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for the installation of 1,500 solar water pumping systems under the Magel Tyala Saur Krishi Pump Yojana (MTSKPY) and the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) Component B Scheme for 2025–2026. The project will be executed across multiple districts in Maharashtra and will include solar submersible pump…
Author: PPD Team Date: August 5, 2025 The Supreme Court has held that electricity regulators cannot directly investigate power distribution franchisees under Section 128 of the Electricity Act, 2003. It clarified that such franchisees fall outside the direct jurisdiction of regulatory commissions and can only be overseen through the licensed distribution companies that appoint them. A bench comprising Justices J B Pardiwala and R Mahadevan allowed an appeal filed by Torrent Power Limited. The company…
Author: PPD Team Date: June 9, 2025 The Ministry of Power has revised its Standard Bidding Documents (SBDs) for Inter-State Transmission Services. Announced on June 5, 2025, the amendment now permits bidders to submit Insurance Surety Bonds (ISBs) and Payment on Order Instruments (POIs) instead of relying solely on traditional bank guarantees. The revised bid security norms expand the definition of a Bid Bond to include three instruments: unconditional bank guarantees, ISBs issued by IRDAI-authorised…
Author: PPD Team Date: July 8, 2025 THDC India Limited (THDCIL) has initiated the commercial operation date (COD) process for the second unit of its Tehri Pumped Storage Plant (PSP) in Uttarakhand. The 250 MW unit is part of the 1,000 MW Tehri PSP project. The milestone was virtually inaugurated by Shri Pankaj Agarwal, Secretary, Ministry of Power. The Tehri PSP is India’s first variable speed pumped storage facility. It is also the largest pumped…
Author: PPD Team Date: December 31, 2024 Aditya Birla Renewable Energy Limited (ABREL) and its special purpose vehicle (SPV), Aditya Birla Renewables SPV 4 Limited, have signed a shareholder’s agreement with Gujarat Alkalies and Chemicals Limited (GACL) for a 62.7 MW wind-solar hybrid power project in Gujarat. The agreement was finalized on December 28, 2024. GACL will hold a 26% equity stake in the SPV for the project. Additionally, GACL has signed a power consumption…
Author: PPD Team Date: February 24, 2026 Vikram Solar Limited has signed a domestic solar cell procurement agreement with Jupiter International Limited to source 2 GW of crystalline solar cells valued at about Rs 2,000 crore. The agreement was executed on February 20, 2026. The contract covers the supply of high-efficiency Tunnel Oxide Passivated Contact (TopCon) Solar Cells and high-efficiency mono Passivated Emitter and Rear Cell (PERC) Solar Cells. The solar cells are compliant with…