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Power Purchase Agreement

GUVNL Floats 500 MW Solar Tender With Greenshoe Option

Gujarat Urja Vikas Nigam Ltd (GUVNL) has issued a tender to procure power from 500 MW of grid-connected solar photovoltaic (PV) projects without energy storage. The projects can be new, under construction, or already commissioned anywhere in India, and the tender includes a greenshoe option for an additional capacity of up to 500 MW. The […]

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CERC Issues Draft Guidelines For Boosting Virtual PPAs

The Central Electricity Regulatory Commission (CERC) has released draft guidelines for Virtual Power Purchase Agreements (VPPAs), aiming to support the country’s renewable energy push by offering a market-based tool for meeting clean energy targets. The proposed rules, issued in May, outline a framework to enable designated consumers to fulfill their Renewable Consumption Obligations (RCOs) without […]

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TotalEnergies Inaugurates its 263 MW Solar Field in Europe, Spain

French energy major TotalEnergies has commissioned one of the largest solar power plant clusters in Europe, near Sevilla in Spain. It consists of five solar projects with a total installed capacity of 263 MW. This solar field will produce 515 GWh per year of renewable electricity, equivalent to the consumption of over 150,000 Spanish households. […]

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SJVN Issues Tender to Restore 47.6 MW Wind Project in Maharashtra

SJVN has invited bids to restore four wind turbine generators (WTGs) at its 47.6 MW Khirvire Wind Power Station (KWPS), located in Khirvire and Kombhalne villages in Akole taluka of Maharashtra’s Ahmednagar district. SJVN tender set June 3, 2025, as the last date for bid submission. The new tender follows a tender in April for […]

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RERC Orders Compensation To Wind Firms For Bird Diverter Costs

The Rajasthan Electricity Regulatory Commission (RERC) has ruled that wind energy companies are entitled to compensation for the mandatory installation of bird diverters to protect the endangered Great Indian Bustard, classifying the expense as a “Change in Law” under their power contracts. The Rajasthan Electricity Regulatory Commission (RERC) issued the order in response to petitions […]

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Zelestra, Sungrow Sign Landmark BESS Deal for Chile Project

Renewable energy firm Zelestra has signed a major supply agreement with Chinese technology provider Sungrow to deploy advanced battery storage systems for one of the largest battery energy storage projects in Latin America. Under the deal, Sungrow will deliver its PowerTitan 2.0 liquid-cooled battery energy storage system (BESS) and MV power conversion units for the […]

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NTPC Green Eyes Fresh Asset Acquisitions Of Solar Projects

NTPC Green Energy Limited (NGEL), the renewable energy arm of India’s largest power producer, NTPC Ltd, now plans to aggressively acquire solar project assets in the country to broaden its renewable energy portfolio. This, the firm said, is an initiative as part of a new push to expand its clean energy portfolio through inorganic growth. […]

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APTEL Overturns KERC’s Order On Slashing Solar Park Tariff

The Appellate Tribunal for Electricity (APTEL) has overturned a ruling of the KERC that slashed the tariff for a 20-megawatt (MW) solar project in Karnataka. The latest order relieved the petitioner in the case, Tungabhadra Solar Parks Pvt Ltd, which approached the apex power regulator for its intervention. APTEL ruled that the Karnataka Electricity Regulatory Commission […]

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APTEL Clears NTPC of Metering Liability in Solar Project Case

The Appellate Tribunal for Electricity (APTEL) in its latest judgement has ruled in favour of NTPC Ltd., overturning a CERC order that had held the state-run energy major responsible for meter sealing in solar power projects, a finding that contributed to delays in project commissioning. In the judgment, APTEL allowed NTPC’s appeal against the Central […]

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