SUBSCRIBE NEWS LETTER

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 […]

Read more

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 […]

Read more

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 […]

Read more

Q4 FY25: Power Exchange Liquidity Rises 36%, Electricity Vol to Grow 19%

IN an analyst call after its Q4 results , the Indian Energy Exchange (IEX) shared that on the power sector front, electricity consumption during Q4 FY ’24 recorded 415 billion units, which is an increase of 3.7% on a year-on-year basis. States such as UP, Maharashtra, Gujarat, MP, Rajasthan, Karnataka, and Tamil Nadu remained drivers […]

Read more

Tata Power Ties Up With Tata Motors For 131 MW Wind-Solar Hybrid Project

Tata Power Renewable Energy Ltd (TPREL), the clean energy subsidiary of Tata Power, has signed a power purchase agreement with Tata Motors to co-develop a 131 MW wind-solar hybrid project. The initiative will supply green electricity exclusively to Tata Motors’ six manufacturing plants in Maharashtra and Gujarat, the companies said Monday. Expected to generate around […]

Read more

UltraTech To Tap AMPIN’s 75 MW Solar Project For Captive Power

UltraTech Cement has signed an energy supply agreement and a share subscription and shareholders agreement to acquire a 26% stake in AMPIN C&I Power Eight Private Limited, a company involved in the generation and transmission of renewable energy. AMPIN C&I Power Eight, based in New Delhi, is a special purpose vehicle (SPV) set up to […]

Read more

Olan Agri, Husk Power Partner To Advance Solar Energy Adoption

Olam Agri and Husk Power have announced a commercial and industrial (C&I) solar project in Nigeria’s rice-producing region. This initiative will accelerate the transition of agriculture to sustainable energy infrastructure, significantly reducing reliance on expensive and polluting diesel generation. Under the partnership, Husk will deploy a 1.3 MWp solar photovoltaic (PV) system, integrated with an […]

Read more
      SUBSCRIBE NEWS LETTER
Scroll