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Power Purchase Agreement

Vattenfall Inks Deal With Evonik To Supply Solar Power For Chemical Production in Germany

Germany-based energy supplier company Vattenfall has signed a PPA with specialty chemicals company Evonik that concluded new long-term electricity supply contracts. From 2025, two Vattenfall solar parks in Schleswig-Holstein will supply Evonik with around 120 gigawatt hours of solar power per year for chemical production. The contracts have a term of ten years and fixed […]

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NLC India Begins Construction Of 300 MW Solar Power Project In Rajasthan

NLC India Limited, a Navratna Central Public Sector Enterprise (CPSE) under the Ministry of Coal, recently began constructing a 300 MW solar power project at Barsingsar in the Bikaner district of Rajasthan. This project forms part of the Ministry of New & Renewable Energy’s Central Public Sector Enterprise (CPSE) Scheme. This project aims to ensure […]

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KPI Green Bags 1.5 MW Solar Power Project From Pruthvi Textile

KPI Green Energy, a Gujarat-based solar and hybrid power generating company, recently announced receiving a new order for a 1.5 MW solar power project from Pruthvi Textile. KPIG Energia Private Limited is a wholly-owned subsidiary of the company under the ‘Captive Power Producer (CPP)’ segment of the company. The domestic entity has awarded the project […]

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SJVN Receives LoI For 200 MW Solar Power Project From GUVNL

Satluj Jal Vidut Nigam (SJVN) Limited recently received a Letter of Intent from Gujarat Urja Vikas Nigam Limited (GUVNL) for a 200 MW Solar Power Project in GUVNL Phase XXII.  SJVN Chief Managing Director (CMD) Geeta Kapur, informed on the social media platform X, “SJVN has received a Letter of Intent from Gujarat Urja Vikas […]

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SECI Invites Bids For Setting Up 1500MW ISTS Solar Power Projects

The Solar Energy Corporation of India (SECI), a Central government enterprise, has invited proposals for setting up Inter-State Transmission System (ISTS)-connected solar projects in India for an aggregate capacity of 1500 MW on a Build- Own-Operate (BOO) basis. Further, SECI will enter into a Power Purchase Agreement (PPA) with the successful bidders selected based on […]

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Sunsure Energy Signs Pact To Supply Solar Power To KSB Ltd For 25 Yrs

Renewable Energy company Sunsure Energy has signed a Power Purchase Agreements (PPA) with Pune-based KSB Limited, one of the leading pumps and valves manufacturers in India to supply nearly one crore units of green power annually for the next 25 years. Sunsure will set up this captive renewable energy project with KSB Limited as the […]

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Adani Green FY24 Update Highlights 16% Growth In Capacity, 59% In Power Sales

In an operational update to the stock exchanges, Adani Green Energy Limited (AGEL), the renewable energy developer arm of the Adani Group, has shared the progress it has made in the first 9 months of FY24. With a target of 45GW of operational renewable energy by 2030, which would be close to10% of India targets, […]

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CERC Awards Compensation To Torrent Power Over Surged GST Rates

The Central Electricity Regulatory Commission (CERC), in its latest judgment, awarded compensation to a subsidiary of Torrent Power against the rise of Goods and Services Tax (GST). Its subsidiary– Torrent Solargen Limited (TSL), is a generating company. It had set up its 115 MW ISTS-connected wind power project in the Kutch district of Gujarat. The company […]

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QCells Signs 12-GW Solar Power Deal With Tech-Giant Microsoft

Global renewable energy player Qcells will supply tech giant Microsoft with 12 – G.W. of solar modules and EPC services over an 8-year period. This is Qcells’ largest module and engineering, procurement and construction (EPC) services agreement to date. The order is equivalent to powering more than 1.8 million homes annually. The eight-year strategic alliance […]

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