PPA

MERC Grants Relief To Wind Company Due To Force Majeure

The Maharashtra Electricity Regulatory Commission (MERC), in its latest order, provided relief to Clean Wind Power (Bhavnagar), a subsidiary of Hero Wind Energy Private Limited (Hero). This case highlights the importance for renewable energy developers to carefully draft contracts, anticipate potential disruptions, and ensure compliance with regulatory requirements to mitigate risks. In its order, MERC […]

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Noida International Airport Set To Boost Renewable Energy Usage

Noida International Airport (NIA), today entered into a partnership with Tata Power, an integrated power company, to incorporate renewable energy into the aviation company. Under this arrangement, Tata Power Trading Company Ltd. (TPTCL) plans to supply 10.8 MW of wind power to NIA, sourced from Tata Power Renewable Energy Ltd. (TPREL). Additionally, TPREL plans to […]

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Maharashtra: JSW Energy Signs Pact For 1200 MW Hybrid Projects

JSW Renew Energy Six Limited and JSW Renew Energy Thirty Limited, stepdown subsidiaries of JSW Energy Limited have signed Power Purchase Agreements (“PPAs”) with Maharashtra State Electricity Distribution Company Ltd (“MSEDCL”) for STU-connected Solar-Wind Hybrid Capacity. The company has signed PPAs for two hybrid projects, each with a capacity of 600 MW, totalling 1,200 MW. […]

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GUVNL Issues Tender For 500 MW Solar Projects

GUVNL recently released a tender for the procurement of power through a competitive bidding process for a 500 MW Grid Connected Solar Photovoltaic Power Projects to be set up /under construction / already commissioned projects anywhere in India with Greenshoe option of additional capacity up to 500 MW without energy storage. The tender’s last date […]

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Change In FDRE Bidding Norms Can Aid RE Growth: EMBER

EMBER recently released a policy paper highlighting the importance of changing the approach to bidding in the FDRE tenders to increase renewable energy (RE) capacity growth in India. It also stated that it’s unfair to make developers responsible for handling the unpredictable nature of renewable energy in contracts and that this should be rethought. EMBER […]

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Jakson Green, NHPC Sign PPA For 400 MW Solar Project

Jakson Green today announced the signing of its first Power Purchase Agreement (PPA) with NHPC Limited. This agreement takes the company’s total portfolio of 1 GW under development. The PPA was signed between Onkar Yadav, General Manager, NHPC, and Kannan Krishnan, Joint Managing Director (MD), Jakson Green in the presence of M.K Gupta, Executive Director […]

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Avaada Energy Secures 820 MWp-Hybrid Project From SJVN

Mumbai-based Avaada Energy, a subsidiary of Avaada Group secured an 820 MWp Hybrid-Inter-State Transmission System (ISTS) capacity in the recent e-Reverse Auction (e-RA) held in June 2024. This project was awarded by SJVN Limited, as confirmed in the Letter of Award (LoA).  Vineet Mittal, Chairman of Avaada Group, stated, “Securing 820 MWp-hybrid-ISTS capacity is a […]

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JSW Energy, SJVN Sign PPA For 700 MW Project In Rajasthan

JSW Renew Energy (Raj) Limited, a wholly-owned step-down subsidiary of JSW Energy Limited, signed a Power Purchase Agreement (PPA) with SJVN Limited for an ISTS-connected solar capacity of 700 MW. The total locked-in capacity of JSW Renew Energy stands at 13.9 GW. The PPA is signed for the supply of power for 25 years with […]

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NHPC, GUVNL Sign PPA For 200 MW Solar Power Project At Khavda

National Hydroelectric Power Corporation (NHPC), a power generation company recently signed a Power Purchase Agreement (PPA) with Gujarat Urja Vikas Nigam Limited (GUVNL). This PPA was signed for a 200 MW capacity solar power project within Gujarat State Electricity Corporation Limited (GSECL) ‘s renewable energy (RE) park at Khavda (GSECL Stage-3). This project has an […]

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