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Power Purchase Agreement

Tata Power Receives LoA for 225 MW Hybrid Renewable Energy Project

Tata Power has announced that its wholly-owned subsidiary – Tata Power Green Energy has received an LoA to develop a 225 MW hybrid renewable project. Tata Power, one of India’s largest integrated power companies has announced that its wholly-owned subsidiary – Tata Power Green Energy Limited (TPGEL) has received a Letter of Award (LoA) from […]

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Bank of America and Duke Energy Agree PPA for 25 MW Solar Power

Bank of America is partnering with Duke Energy to further expand its renewable energy commitment by powering its Charlotte operations with solar energy. Bank of America has announced today that it is partnering with Duke Energy to further expand its renewable energy commitment by powering its headquarters and other Charlotte operations with solar energy. Through a renewable energy […]

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Wells Fargo Inks Deal with Shell, MP2 Energy to Buy Renewable Power

USD 1.98 trillion company Wells Fargo has signed a structured renewable energy (RE) agreement with Shell Energy North America (Shell Energy) and its arm MP2 Energy, to purchase about 1,50,000 MWh of renewable energy every year. The deal will enable the company to use renewable power to meet 100 per cent of its energy consumption […]

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Tata Power Renewable Gets another LoA; to Develop 100 MW Solar Plant in M’rashtra  

Continuing its winning streak, Tata Power Renewable Energy Ltd (TPREL), the renewable arm of utility giant Tata Power, has secured yet another Letter of Award (LoA) within few days for the development of a solar plant. Mumbai-headquartered Tata Power said in a statement on Friday that “it’s wholly-owned subsidiary TPREL has received a Letter of […]

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Delhi Clocks Highest Peak Power Demand of the Season

The peak power demand in Delhi clocked 5,805 MW on the night of June 15, the season’s highest, surpassing the previous high of 5,591 MW recorded on June 12. The peak power demand in Delhi clocked 5,805 MW on the night of June 15, the season’s highest, surpassing the previous high of 5,591 MW recorded on June 12, power […]

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Tata Power’s Renewable Arm Wins LoA from GUVNL for 120 MW Solar Project in Gujarat

Adding another feather in its cap, Tata Power Renewable Energy Ltd (TPREL), the renewable arm of utility giant Tata Power, has received a Letter of Award (LoA) from Gujarat Urja Vikas Nigam Ltd (GUVNL) to develop 120 MW solar project in Gujarat. Mumbai-headquartered Tata Power said in a statement on Monday that “it’s wholly-owned subsidiary […]

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India, Denmark Ink MOU to Develop Long-Term Cooperation in Power Sector

India and Denmark have signed a Memorandum of Understanding (MoU) on Indo-Denmark Energy Cooperation to develop a strong, deep and long-term co-operation between the two countries in the power sector. The MoU was inked between the two countries on June 5, 2020, on the basis of equality, reciprocity and mutual benefit. From the Indian side, MoU […]

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PPA for Thermal Plant with Adani Power in MP Raises Important Questions

The May 27 announcement by Adani Power of a 1320 MW thermal power deal in Madhya Pradesh raises more questions than it answers. The company’s subsidiary Pench Thermal Energy (MP) has signed a 25 year power purchase agreement (PPA) with MP Power Management Company (MPPMCL) for procurement of 1230 MW of electricity on long term […]

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Power Producers Seek Payment of Rightful Dues to IPPs from MP Govt

The Association of Power Producers (APP) in a written letter has urged Power Minister RK Singh to advise Madhya Pradesh (MP) government to again consider its decision of denying payment of rightful dues of independent power producers (IPPs). According to the letter, quoted PTI, “on behalf of independent power producers (IPPs), we request your intervention […]

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