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Power Purchase Agreement

Punjab To Review Power Agreement For Purchase Of Solar Power

Punjab CM Bhagwant Mann has announced to review the purchase power agreement for the purchase of solar power in the state. Mann said that the state government is now purchasing solar power at Rs 2.54 instead of purchasing it at Rs 15 as was done during the tenure of earlier governments in Punjab. In a […]

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Microsoft Signs Purchase Agreement For 90 MW Wind Power with Eneco

Microsoft Corp. has announced a new wind energy agreement in the Netherlands. Microsoft will purchase 90 MW from the massive 731.5 MW offshore wind project, Borssele III/IV, from Dutch sustainable energy company and wind farm developer Eneco. Eneco will provide Microsoft’s datacenters with green power for 15 years starting in 2022. This is Microsoft’s second purchase of wind […]

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Tata Power acquires WREPL through share purchase agreement

TPREL (Tata Power Renewable Energy Ltd), an arm of Tata Power, has completed 100 percent share purchase in WREPL (Welspun Renewable Energy Pvt Ltd) and its subsidiaries. Earlier in June, the company had announced that TPREL will acquire WREPL through a share purchase agreement (SPA) at an enterprise value of Rs 9249 crore, subject to […]

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ib vogt Sells 110 MWp Pato Solar Power Project to NPV ESG

International solar developer ib vogt has successfully completed the sale of the 110 MWp Pato solar photovoltaic (PV) project to NextPower V ESG (NPV ESG), a private solar + infrastructure strategy managed by NextEnergy Capital. Located in Segovia, the Pato solar farm generates around 215 GWh of clean electricity annually, enough to power more than […]

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CCI Approves BII Stake Purchase in ReNew Photovoltaics

The Competition Commission of India (CCI) has given the green light to British International Investment’s (BII) proposed investment in ReNew Photovoltaics, the solar manufacturing arm of ReNew Energy Global. In a regulatory update on Tuesday, the CCI announced its approval of BII’s acquisition of a stake in ReNew Photovoltaics Pvt Ltd. “The proposed combination relates […]

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RERC Extends Wind Power PPAs to Help DISCOMs Meet RPOs

The Rajasthan Electricity Regulatory Commission (RERC) has approved the extension of power purchase agreements (PPAs) for two wind power generators by five years, aiming to help the state’s power distribution companies bridge gaps in their Renewable Purchase Obligations (RPO). The extensions apply to Rajasthan Renewable Energy Corporation Ltd (RRECL) and FFR Software Pvt Ltd, whose […]

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Hindustan Power Gets LoA For 100 MW Solar+BESS Project

Ratul Puri’s energy company Hindustan Power, an integrated power generation company, has been awarded a 100 MW inter-state transmission system (ISTS)-connected solar power project along with a 200 MWh BESS from SJVN Limited, a Navratna Central Public Sector Enterprise. The actual installed capacity of the solar project will be substantially higher, not only to supply […]

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