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UPPCL Discovers A Tariff Of Rs 2.56/kwh For 2 GW Solar Project

Uttar Pradesh Power Corporation Limited (UPPCL) has concluded its 2 GW solar auction, awarding projects to four bidders: ReNew Solar Power, Fastnote Biofuels (Hindustan Power), and Adani Renewable Energy Holding Twelve. UPPCL released the tender for this project in February 2024 and declared the results after a year. According to the tender results, the lowest […]

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ONGPL Completes 100% Acquisition Of Ayana Renewable

ONGC NTPC Green Private Limited (ONGPL), a 50:50 Joint Venture Company of NTPC Green Energy Limited and ONGC Green Limited, has completed the acquisition of 100% equity stake in Ayana Renewable Power Private Limited on 27th March 2025, a media statement from the venture said today. Ayana, a renewable energy platform, has a capacity of […]

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MERC Approves ₹2.19 Lakh/MW Tariff for MSEDCL’s BESS Project

The Maharashtra Electricity Regulatory Commission (MERC) has approved the development of the Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) 1.5 GWh Battery Energy Storage System (BESS) project. MERC approved a tariff of ₹2,19,001/MW/Month for 12 years in response to Maharashtra State Electricity Distribution Co. Ltd’s (MSEDCL) petition for procuring 250 MW/500 MWh (base capacity) and […]

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Insolation Green Secures Rs. 733.04 Cr Supply Order From KPI Green

Insolation Green, a subsidiary of Insolation Energy, has secured a Rs. 513.13 crore project from KPI Green Energy under Phase-1 of the project. As per the latest order, KPI Green will utilize N-type bifacial (G to G) solar PV modules for the Gujarat Urja Vikas Nigam Limited (GUVNL) project, which is scheduled between June 2025 […]

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Will Gensol Be Able To Drive Out of Latest Crisis?

A downgrade by ratings agency ICRA has sent the Gensol Engineering stock on a tailspin, with the stock falling over 40% in the past four days. What’s behind Gensol Engineering’s massive stock crash? ICRA rating downgrade, governance concerns, and more Gensol Engineering, an Ahmedabad-based company engaged in solar EPC and EV leasing, had been a well […]

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Energy Storage Lead

The role shall focuses on developing cost models and designing solutions for BESS and PSP projects, particularly for renewable energy tenders (FDRE, RTC) and C&I consumers. Responsibilities include bottom-up costing, technology evaluation and LCOE/LCOS analysis for various storage durations and applications. The role involves structuring storage solutions for C&I clients under different models (Open Access, […]

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NLC India, Adyant Secure SJVN Wind Project

NLC India Limited (NLCIL), a Navratna company under the Ministry of Coal, Government of India, received a Letter of Award (LoA) for a 200 MW Wind Power Project from SJVN Limited at a tariff of Rs. 3.74/kWh. Meanwhile, Adyant Enersol secured a 112 MW wind project at a tariff rate of Rs. 3.81/kWh. NLC India […]

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NHPC Issues 500 MW/1000 MWh BESS Tender For Andhra Project

NHPC Limited has now come up with a fresh tender to boost energy storage projets in Andhra Pradesh. The Navratna company issued a tender accordingly. The tender seeks developers to develop a 500 MW/1000 MWh energy storage project under Tranche II. These will be developed near substations of the STU network in Andhra Pradesh. The […]

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H.G. Infra Sets Up Subsidiary To Expand Into BESS Sector

Gujarat-based H.G. Infra has expanded into the Battery Energy Storage System (BESS) segment with the incorporation of its new subsidiary, ‘H.G. Gujarat BESS Private Limited’. The H.G. Infra announced the incorporation of the subsidiary in a regulatory filing. It said, “This Special Purpose Vehicle (SPV), H.G. Gujarat BESS Private Limited, has been incorporated as a […]

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