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Avaada Energy Secures 820 MWp-Hybrid Project From SJVN

Mumbai-based Avaada Energy, a subsidiary of Avaada Group secured an 820 MWp Hybrid-Inter-State Transmission System (ISTS) capacity in the recent e-Reverse Auction (e-RA) held in June 2024. This project was awarded by SJVN Limited, as confirmed in the Letter of Award (LoA).  Vineet Mittal, Chairman of Avaada Group, stated, “Securing 820 MWp-hybrid-ISTS capacity is a […]

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JSW Energy, SJVN Sign PPA For 700 MW Project In Rajasthan

JSW Renew Energy (Raj) Limited, a wholly-owned step-down subsidiary of JSW Energy Limited, signed a Power Purchase Agreement (PPA) with SJVN Limited for an ISTS-connected solar capacity of 700 MW. The total locked-in capacity of JSW Renew Energy stands at 13.9 GW. The PPA is signed for the supply of power for 25 years with […]

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NHPC, GUVNL Sign PPA For 200 MW Solar Power Project At Khavda

National Hydroelectric Power Corporation (NHPC), a power generation company recently signed a Power Purchase Agreement (PPA) with Gujarat Urja Vikas Nigam Limited (GUVNL). This PPA was signed for a 200 MW capacity solar power project within Gujarat State Electricity Corporation Limited (GSECL) ‘s renewable energy (RE) park at Khavda (GSECL Stage-3). This project has an […]

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KPI Green Gets Rs 686 Crore Credit Facilities For Kutch Solar project

KPI Green Energy has received a final sanction letter for credit facilities amounting to Rs. 686 Crores for the development of a 200 MWAC (240 MWDC) Solar Photovoltaic Power Project in Khavda, Kutch District. According to a regulatory filing by the company, it had earlier raised Rs. 300 Crores through a Qualified Institutional Placement (QIP), […]

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Stock June 27: Shakti Pumps Powers On, Charge for JSW Energy From New PPAs

New order flows, and optimism around more support for renewable players in the upcoming budget ensured that most green stocks were in the green today. JSW Energy benefited from announcement of more PPAs, while Shakti Pumps kept up with the strong momentum behind it for being the largest player in the solar pumps business. Solar EPCs […]

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Growatt Unveils Energy Storage Solutions In Europe

Growatt, showcased its latest extensive offerings at Intersolar Europe 2024, held from June 19th to 21st in Munich. The company’s exhibit prominently featured innovative products designed to meet the growing global demand for energy storage, alongside cutting-edge solutions for solar PV systems, EV charging, portable power stations, and smart energy management. “With the global focus […]

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India Energy Storage Week Eyes Rs 2,000cr Investments In EV, Storage

India Energy Storage Alliance (IESA) is all set to host the 10th edition of India Energy Storage Week (IESW) in New Delhi. In a press conference today, IESA announced the potential investment of over INR 2000 crore coming to India at IESW 2024. In the presence Cristian Valdes Carter, Director & Commercial Counsellor – India, […]

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JSW Energy Signs PPAs for 1,325 MW of Renewable Energy Projects

JSW Neo Energy Limited, a wholly owned subsidiary of JSW Energy Limited, has made significant strides in its renewable energy expansion. The company has signed Power Purchase Agreements (“PPAs”) through its subsidiaries for wind and solar projects with a cumulative capacity of 1,325 MW. This includes 1,025 MW with Solar Energy Corporation of India Limited […]

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Cleantech Solar Secures Rs 855 Cr Financing From Aseem Infrastructure Finance

Cleantech Solar, a renewable energy solution provider with operations in India and Southeast Asia, has announced the financial close of a long-term senior secured loan of Rs. 855 crores from Aseem Infrastructure Finance Limited. This loan is to expand the company’s open-access Commercial and Industrial (C&I) portfolio in India. The Rupee Term Loan (RTL) is […]

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