Category: Power & New and Renewable Energy

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TN to float tenders for solar projects

TN to float tenders for solar projects

Tamil Nadu is back on a tender mode for solar power projects, reports the Economic Times. Though the price per unit of solar power has been falling across the country, Tamil Nadu was among the few states which signed power purchase agreements at Rs.7.10 per unit until recently.

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Madhya Pradesh gears up for Green Energy Corridor Project

Madhya Pradesh gears up for Green Energy Corridor Project

Madhya Pradesh has readied its blueprint for the Rs 4000 crore worth Green Energy Corridor project spearheaded by Power Grid Corporation (PGCIL), as next the five years would add another 6,000 MW of renewable energy projects in its installed capacity. This will also include a mega solar power project of 750 MW capacity, reports the Business Standard.

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JSW Energy-Jaiprakash deal for 500 MW plant gets CCI nod

JSW Energy-Jaiprakash deal for 500 MW plant gets CCI nod

The Competition Commission has approved Sajjan Jindal-promoted JSW Energy’s purchase of the 500 MW Bina thermal power plant from Jaiprakash Power Ventures. Under the deal, announced in July, JSW Energy will buy 100 per cent stake in the special purpose vehicle (SPV) — Bina Power Supply Ltd (BPSL) — to which the 500 MW power plant is to be transferred.