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EverGreen, Datta Infra & Others Bag NTPC’s 1.2GW Hybrid Tender

NTPC Limited has announced the results of its 1200 MW wind-solar hybrid tender. The power giant awarded contracts to four renewable project developers: Sembcorp Green Infra, Adani Renewable Energy, Green Prairie Energy III (EverGreen), Adyant Ensersol (Datta Infra), and ReNew Solar. As per the auction results, Sembcorp, Adani Renewable, and ReNew Power secured projects at […]

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Oriana Power Secures 75 MW Solar Power Project At Maharashtra

Uttar Pradesh-based Oriana Power secured an order to develop 75 MW solar power plant from Maharashtra State Electricity Distribution Company Limited (MSEDCL) at Maharashtra. MSEDCL seeks to implement feeder level solarisation under Component C of PM-KUSUM Scheme with land and transmission line. The company has made a steady progress in the renewable energy segment as […]

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JSW Neo Energy Limited to Acquire Hetero Group RE Portfolio

JSW Neo Energy Limited (JSWNEL), a wholly owned subsidiary of JSW Energy Limited, signed definitive agreements this week, to acquire three Special Purpose Vehicles (SPVs) from Hetero Labs Limited and Hetero Drugs Limited (Hetero Group). These SPVs collectively hold a cumulative wind energy generation capacity of 125 megawatts (MW). The transaction is subject to the […]

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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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Maharashtra: JSW Neo Gets 1,500 MW / 12,000 MWh Pumped Hydro Storage Project

Mumbai-based JSW Neo Energy Limited (JSW Neo), a subsidiary of JSW Energy Limited, received a Letter of Intent (LoI) for the procurement of 1,500 MW / 12,000 MWh of pumped hydro energy storage from the Maharashtra State Electricity Distribution Company Ltd (MSEDCL). Their Bhavali Pumped Hydro Project is located in the Nashik and Thane districts […]

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SJVN, Maharashtra Partner To Develop PSPs, Floating Solar Projects

SJVN, a Navratna Central Public Sector Enterprise (CPSE), has signed two Memorandums of Understanding (MoUs) with the Maharashtra government to build Pumped Storage Projects (PSPs) and Floating Solar Projects in the state. The total estimated investment for these projects is approximately Rs. 48,000 crores. It is expected to create around 8,400 direct and indirect employment […]

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MERC Declines To Give Relief To EESL Over ‘Change of Law’ Claim

The Maharashtra Electricity Regulatory Commission (MERC) in its latest order declined any relief to the Energy Efficiency Services Ltd (EESL). The case was related to the petition of the government entity, seeking compensation of Rs 27 crore. EESL sought this amount due to the rise of taxations on solar equipment during the developmental phase of […]

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Maharashtra Launches Solarization of Lift Irrigation

The Government of Maharashtra (GoM) has undertaken the process of solarization of Lift Irrigation Schemes that supports the agricultural regions. These regions could not be promoted through the traditional irrigation system because of geographical constraints. Furthermore, the problem of forest clearance does not permit the implementation of the traditional methods of irrigation in some region. […]

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MERC Orders Increase In Licence Fees For Maharashtra Discoms

The Maharashtra Electricity Regulatory Commission (MERC) has now decided to increase the annual licence fees for discoms, paid to the state power regulator. These charges are paid by the state discoms under the MERC (Fees and Charges) Regulations. The state power commission passed the order after hearing the arguments of the stakeholders on the matter, […]

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