SUBSCRIBE NEWS LETTER

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Bihar Awards 500 MWh BESS Project To Six Firms At ₹4.44 Lakh/MW/Month

The Bihar State Power Generation Company Ltd (BSPGCL) has awarded its 125 MW/500 MWh battery energy storage system (BESS) project to six bidders. BSPGCL issued the tender for this project in March, awarded the project within three months. According to the tender results, Barbrik Projects, Saatvik Green Energy, Kundan Green Energy, Prostarm Info Systems, Hindustan […]

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JSW Signs BESS Pact With Rajasthan Utility for 250 MW Project

SW Renew Energy Thirty Seven Ltd, a step-down subsidiary of JSW Energy, has signed a Battery Energy Storage Purchase Agreement (BESPA) with Rajasthan Rajya Vidyut Utpadan Nigam Ltd (RVUNL) for a 250 MW/500 MWh standalone Battery Energy Storage System (BESS). The project will be developed on a Build, Own, and Operate (BOO) basis in Rajasthan. […]

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Solex Green Energy Bags ₹68.7 Cr Multi-Client Solar Order

Solex Energy’s subsidiary, Solex Green Energy, has bagged multiple orders under Gujarat’s Distributed Renewable Energy Bilateral Purchase (DREBP) Policy, it said in a regulatory filing. It added that the company secured the project from multiple awardees, under the Government’s Distributed Renewable Energy Bilateral Purchase (DREBP) policy. It added that the cumulative solar project order of […]

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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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Andhra Pradesh Moves to Regulate Battery Storage Projects

Andhra Pradesh has unveiled draft regulations to formalise the planning, procurement and deployment of battery energy storage systems (BESS), aiming to boost renewable energy integration and improve the resilience of its electricity grid. The Andhra Pradesh Electricity Regulatory Commission (APERC) released the draft rules this week, marking the state’s first comprehensive attempt to regulate large-scale […]

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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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Merchant Power Firms Add Risk Amid Cooling Prices, Early Monsoons: SBI Caps

Merchant power producers in India may face increasing financial pressure as erratic cooling demand, driven by weather volatility, disrupts traditional consumption patterns, according to a new report by SBI Capital Markets (SBI CAPS). The report, titled “Merchant Power – Can It Handle Bouncy Cooling Demand?”, highlights that power demand in the first quarter of FY2025-26 […]

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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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Expect More Solar Manufacturers To Enter Odisha: Hemant Sharma

How is the Odisha government supporting solar manufacturing investments in the state?  Around 2022, we introduced our Industrial Policy Resolution, where we categorized solar modules, cells, wafers, and renewable energy as a “thrust sector”. This was a conscious decision. At that time, solar manufacturing was almost non-existent in eastern India. States like Bengal or Jharkhand […]

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