WAPCOS secures contracts for two pumped storage projects in Maharashtra
Author: PPD Team Date: January 30, 2025
Author: PPD Team Date: January 30, 2025
WAPCOS Limited has been awarded two contracts for preparing detailed project reports (DPRs) for pumped storage projects in Maharashtra.
The first contract, valued at Rs 156.87 million, is for the 800 MW Amba Pumped Storage Project (PSP), located across Pune and Raigad districts.
The project, comprising four units of 200 MW each, was put out to bid by NTPC Limited in September 2024, with an expected completion timeline of 18 months.
In addition, WAPCOS has also secured a contract worth Rs 191.2 million for the 1,000 MW Kumbhe Pumped Storage Project, located at Kumbhe village in Mangaon taluka, Raigad district.
This project, consisting of four units of 250 MW, was awarded by NTPC Limited in October 2024. The work for the Kumbhe project is also set to be completed within 18 months.
Author: PPD Team Date: November 29, 2024 Ashoka Buildcon Limited has received a Notification of Award (NoA) valued at Rs 1,926.9 million for a power distribution project under Lot-I in Chhindwara, Madhya Pradesh. The project involves the supply, installation, testing, and commissioning of new 11 kV lines, low tension (LT) lines on AB cable, and distribution transformer substations. Additional works include the installation of double poles (DPs), terminal poles (TPs), crossings, and related infrastructure to…
Author: PPD Team Date: December 9, 2025 Sri Lanka has secured a 100 million dollar policy loan from the Asian Development Bank (ADB) to advance reforms under the Power Sector Reforms and Financial Sustainability Program. The funding supports the unbundling of the Ceylon Electricity Board (CEB) under the 2024 Electricity Act and its 2025 amendment. The reforms aim to create separate entities for generation, transmission, system operation and distribution, introduce cost reflective tariffs and implement…
Author: PPD Team Date: April 9, 2025 Websol Energy Systems Private Limited has signed a purchase agreement with Luminous Power Technologies Private Limited for the supply of 100 MW of MONO PERC solar cells. The agreement was signed on April 5, 2025. The supply is scheduled to take place over a one-year period, from April 2025 to April 2026. The solar cells are expected to have an efficiency range of 23% to 23.4%. This order…
Author: PPD Team Date: September 29, 2025 Prime Minister Narendra Modi has inaugurated Sunstream Green Energy’s 140 MWp solar power project in Maharashtra. The launch formed part of 2,458 MW of renewable energy capacity unveiled across the country. Alongside the inauguration, Sunstream Green Energy announced plans to develop a 1 GW portfolio of operating renewable energy assets within the next 18 to 24 months. The company currently has 500 MW in its pipeline, of which…
Author: PPD Team Date: October 8, 2025 Indian Energy Exchange (IEX) recorded electricity traded volume of 35,217 MU (excluding TRAS) in Q2 FY26, up 16.1% year-on-year. TRAS volumes rose to 603 MU from 16.9 MU in Q2 FY25. Renewable Energy Certificate (REC) trading declined 30% to 44.22 lakh during the quarter. Higher supply from hydro, wind, and coal-based generation increased market liquidity, resulting in lower prices. The Day-Ahead Market (DAM) cleared at Rs 3.93/unit, down…
Author: PPD Team Date: January 14, 2026 Waaree Renewable Technologies Limited has secured an order for a 25 MWac/35 MWp ground-mounted solar power project, involving engineering, procurement, and construction on a turnkey basis. The company informed the stock exchanges on 14 January 2026 under Regulation 30 of the Securities and Exchange Board of India Listing Obligations and Disclosure Requirements Regulations, 2015 (SEBI LODR Regulations). The project has been awarded by a domestic entity described as…