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SJVN secures 1.2 GW solar project for Punjab

SJVN Green Energy Ltd will develop 1.2 GW of solar projects for supply to Punjab State Power Corp. Ltd under a 25-year power purchase agreement.

SECI wraps up 2 GW solar tender with $0.032/kWh tariff

The winning developers can set up projects anywhere in India, as long as these are connected to the interstate transmission system (ISTS). 

ReNew signs MoUs worth $7.8 billion for green energy projects

Power Finance Corp. (PFC) and Rural Electrification Corp. (REC) committed debt funding of $3.9 billion each.

Acme secures $488 million REC loan for green hydrogen, ammonia project in Oman 

REC has also agreed to lend INR 21,000 crore for Acme’s 380 MW round-the-clock renewables plant, the first phase of Odisha and Tamil Nadu green ammonia projects, and 600 MWh of pumped hydro project. 

HPCL building 370 tpa green hydrogen plant in Andhra Pradesh

Hindustan Petroleum Corp. Ltd (HPCL) is setting up a 370 tpa (tonnes per annum) green hydrogen plant at its Visakhapatnam Refinery in Andhra Pradesh.

Off-site C&I renewables installations to touch 4-5 GW per year

India will install open-access (off-site) solar and wind power generation capacity of 4-5 GW annually for the next two to three years, according to CareEdge Ratings analysts.

NTPC launches 1.5 GW wind-solar hybrid tender

NTPC Ltd has invited global bids to develop 1.5 GW of wind-solar hybrid power projects anywhere in India.

Avaada announces $2.44 billion REC funding for energy transition projects

Avaada has signed an agreement with REC for INR 20,000 crore (around $2.44 billion) investment to fund its multiple projects over the next five years.

Govt to retender 20 GWh battery cell capacity under PLI Scheme

The Ministry of Heavy Industries (MHI) will retender the 20 GWh advanced chemistry battery cell capacity that was left unallocated after Hyundai Global Motors Co., one of the winners of the 50 GWh PLI tender, withdrew from the scheme last year.

SJVN secures PPAs for 200 MW solar, 100 MW wind

SJVN Green Energy will develop 200 MW of solar projects for power supply to Maharashtra State Electricity Distribution Co. Ltd (MSEDCL). It will also build a 100 MW wind plant under a power purchase agreement with Solar Energy Corp. of India Ltd (SECI).

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