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Oriana Power Gets 128 MW Solar Project In Tamil Nadu

Oriana Power Limited subsidiary, TrueRE Surya Private Limited, today received a contract from Dalmia Cement (Bharat) Limited, (DCBL), a subsidiary of Dalmia Bharat Limited in Tamil Nadu. Under the contract, Oriana Power will build and operate up to 128 MW ground-mounted solar power plant in the state. This project falls under the open-access captive solar […]

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APTEL Sets Aside HERC Ruling, Awards Right To Sell Solar Power At Rs 5.68/unit

The Appellate Tribunal For Electricity (APTEL), in a key judgement involving the Haryana Electricity Regulatory Commission (HERC), the Haryana Power Purchase Centre and some individual petitioners, issued an order setting aside the decision of HERC. In its order, the APTEL bench directed the HPPC to enter into a PPA to purchase power at the rate […]

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Prozeal, Golyan Power Sign JV Pact For Solar Projects In Nepal

Ahmedabad-based renewable energy company Prozeal Green Energy Limited, and Golyan Power Limited, a corporate group in Nepal, have signed a joint venture agreement for setting up solar power projects in the Himalayan nation. The JV aims to establish over 500 MW of rooftop and ground-mounted PV solar plants in the next 18 months across multiple […]

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DERC Allows SCOD Extension To Tata Power For Hybrid Project

In some relief for the developer, the Delhi Electricity Regulatory Commission (DERC) allowed Tata Power Renewable Energy an extension for its Karnataka hybrid project. The company is now developing a 510 MW of wind-solar hybrid project in the state. The order of state power regulator came to the fore after Tata Power Renewable Energy filed […]

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Borosil Renewable In Deal With Clean Max For Green Energy

Indian solar glass manufacturer Borosil Renewable has announced acquiring 49 percent stake in Clean Max Prithvi Pvt Ltd (CMPPL) and Clean Max Enviro Energy Solutions Pvt Ltd. The Mumbai-based company in its recent filing before the Bombay Stok Exchange (BSE) said. Indian open access law requires offtakers to acquire proportionate stakes in firms supplying green […]

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Green Stocks Sept 4: Tata Power Stock Sees The Highest Plunge

The stock market today gave a mixed back of returns with many firms reporting positive growth and around half of them seeing negative growth. Tata Power reported the highest plunge in their stock prices with a negative growth of 3.03 percent. It was followed by Inox Wind which reported a negative growth of 2.48 percent. […]

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India’s Renewable Generation Surges By 5.5% In 4 Months Of FY25

India’s renewable energy generation has surged by 5.5 percent in the initial four months of fiscal year 2024-25. The latest data released by the Central Electricity Authority (CEA) indicated that solar and wind power generations have shown good progressive signs in actual generation. The latest renewable generation report of the CEA said that India generated […]

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IEX’s August Power Market Update

The Indian Energy Exchange (IEX), the dominant power exchange in the country, has released its market update for August. IEX achieved a total volume (including certificates) of 12,040 MU in August 2024, marking a 35.8% year-over-year increase. The electricity volume at 9,914 MU, increased 17.1% YoY. The renewable energy certificates (REC) at 2,116 MU, increased […]

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Oriana Power Secures 52 MW Solar Projects From BPCL

Oriana Power Limited announced a new order for a 52 MW solar project worth Rs. 247.88 crore from Bharat Petroleum Corporation Limited (BPSCL). As per the new order, Oriana Power will execute a ground-mounted solar power project with a total capacity of 52 MW. The project will be carried out under the EPC (Engineering, Procurement, […]

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