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After Solar & Wind, Adani Green Bets Big On PSP Business

Adani Green Energy Limited (AGEL) has now planned to go bullish on Pumped Storage Projects (PSPs) in India. The company, while declaring its latest Q4 results talked about adding 5 Gigawatt (GW) of Pumped Storage Projects (PSPs) by 2030. With a fresh thrust on PSPs, the renewable company upgraded its renewable capacity target from 45 […]

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Megha Engg. Bags 2000 MW Pumped Storage Project

Hyderabad based infrastructure firm Megha Engineering and Infrastructure (MEIL) has been awarded the 2,000-megawatt Sharavathi pumped storage power project in Karnataka. The project, which is set to be the largest pump storage power generation unit in the country, is estimated to cost over Rs 8,000 crore and play a key role in Karnataka’s energy future. […]

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Top 12 Trends Of 2023 That Created Ripples In Indian Renewable Sector

For India, forming a backdrop to the whole year was the softening in global module prices, continuation of ALMM exemptions, and of course, the noise around carbon credits and green hydrogen. Which events actually made an impact? Which ones stood out and are most likely to make a real impact, and soon? We present below […]

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MPPCL Issues Tender for Procurement of 500 MW Energy Storage Capacity

Madhya Pradesh Power Management Company Limited (MPPMCL) has issued a tender inviting bids for the procurement of 500 MW of energy storage capacity with a discharge duration of six hours and a maximum discharge period of hours. The energy storage system will harness the potential of Pumped Hydro Storage Plants (PHSPs) for a 40-year duration […]

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Adani Green Energy Subsidiary Commissions 150 MW Solar Project in Jaisalmer

Adani Solar Energy Jaisalmer Two Private Limited, a wholly-owned stepdown subsidiary of Adani Green Energy Limited (AGEL) has progressively completed the commissioning of the entire 150 MW solar power project at Bikaner, Rajasthan as an Independent Power Producer (IPP) for sale of power to third parties or on power exchanges. The firm has a series […]

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GUVNL Seeks Outside Expertise For Its Pumped Storage Project Tenders

Gujarat Urja Vikas Nigam Limited (GUVNL) has issued a tender for the selection of consultant for preparation of tender documents for selection of project developers through competitive bidding process for development of Pumped Storage Plant (PSPs) on “Build Own & Operate” or “ Build Own Operate & Transfer” basis and for assisting GUVNL to carry […]

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Serentica Renewables Enters into 1,500 MWhr Energy Storage Contract with Greenko

Serentica Renewables, a C&I focused renewable energy developer in India, has announced that it has signed a first-of-its-kind standalone energy storage capacity offtake contract with global energy storage developer, Greenko Group. As part of this contract, Serentica will leverage Greenko’s unique energy storage capabilities to utilise a cumulative 1,500 MWhr capacity from its upcoming energy […]

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West Bengal Proposes A Ceiling Tariff For Small Renewable Projects

The West Bengal Electricity Regulatory Commission (WBERC) has now released its draft regulations to govern the tariff determination in the state for different forms of electricity generation. The new draft regulations have been named WBERC (Modalities of Tariff Determination) Regulations 2023. The Commission has asked the public and the stakeholders to send their comments on the draft […]

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MP Allots 525 MW Of Pumped Storage Project At Indira Sagar To NHDC

The Renewable Energy department of Madhya Pradesh (MP) allotted a 525 Megawatt (MW) of Pumped Storage Project (PSP) to the NHDC Limited, a joint venture of the National Hydro Power Corporation (NHPC) and the Madhya Pradesh government. As per the mandate, the PSP would be constructed using the Indira Sagar reservoir and Omkareshwar reservoir under […]

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