The project will be implemented through a special purpose vehicle (SPV), owned 60% by DGPC and the remainder by Tata Power. Tata Power will be investing about ₹1,572 crore in tranches, as per the agreed structure.
Tata Power has signed commercial agreements with Druk Green Power Corporation to acquire a 40% stake in a special purpose vehicle for the 1,125 MW Dorjilung hydropower project in Bhutan. The investment commitment is about ₹1,572 crore, to be infused in phases.
In a suo motu ruling, the Central Electricity Regulatory Commission (CERC) said monthly tariffs must be revised-or refunds issued-to reflect the GST rate cut to 5% from 12%. The directive, industry executives said, raises the bar on internal systems, audit trails and disclosures for both developers and discoms, aiming to curb disputes and enforce greater…
India is facing a growing “heat-power trap” as record heatwaves boost electricity demand. This surge fuels dependence on fossil fuels, worsening emissions. A new study urges investment in renewable energy storage and smart grids. Regions like Madhya Pradesh and Delhi are severely impacted.
Bangladesh’s High Court has ordered the Adani Group not to move ahead with its planned international arbitration in Singapore over a payment dispute with the Bangladesh Power Development Board (BPDB) until an ongoing investigation into their power purchase agreement is completed.
Uttar Pradesh’s power regulator has put off approving a supply deal with Adani Power’s new $2-billion coal project, citing unclear cost details. Adani Power had won a contract in May to supply 1,500 MW at ₹5.38 per unit, but the regulator said the state utility did not assess how much money the plant would save…
Reliance Power has approved the creation of a Board of Management to strengthen governance and improve oversight. The new body will include the CEO, key managerial personnel and senior business leaders.
India is projected to add approximately 12 GW of thermal power capacity this fiscal year, a significant increase from previous years where targets were largely missed. This anticipated addition aligns with the power ministry’s goals and aims to bolster the nation’s energy security amidst rising demand and continued investment in renewables by major power producers.
India is a power-surplus nation but needs energy storage. Pumped storage projects will store excess green power. This will meet electricity needs when the sun is not shining. Floating solar projects can reduce reservoir evaporation. Many projects are under construction and in planning. The country has significant potential for these storage systems.
India’s power regulator is cracking down on renewable energy projects failing to meet technical grid standards. Persistent violators risk disconnection to safeguard grid stability, as non-compliance has led to generation losses and frequency dips. This action highlights concerns over grid security amidst rapid renewable energy expansion.