⚡ Quick Read What happened: KP Energy has been awarded a turnkey contract by JK Paper to develop a 91.4 MW wind-solar hybrid project in Gujarat. Why it matters: The project underscores the growing trend of large-scale industrial consumers opting for hybrid renewable solutions to optimize energy costs and grid reliability. Watch: KP Energy’s execution…
⚡ Quick Read What happened: Singapore-based Blueleaf Energy has commissioned a 300 MW wind-solar hybrid project in Madhya Pradesh, valued at ₹19 billion, featuring 35 wind turbines and a multi-site solar installation. Why it matters: The project utilizes a merchant power model with a 15-year power purchase agreement, signaling a shift toward flexible market-based revenue…
⚡ Quick Read What happened: The CERC has officially adopted a tariff of ₹3.19/kWh for SJVN’s 1,200 MW interstate wind-solar hybrid projects, following a competitive bidding process. Why it matters: This regulatory approval provides the necessary legal certainty for developers to finalize Power Purchase Agreements (PPAs) and proceed with project execution. Watch: The finalization of…
⚡ Quick Read What happened: The CERC has approved tariffs of ₹3.41/kWh and ₹3.42/kWh for NHPC’s 1.2 GW ISTS-connected wind-solar hybrid projects, while capping Avaada Energy’s greenshoe capacity at 210 MW. Why it matters: This ruling provides regulatory certainty for major developers like Adani, Sprng Vayu, and Avaada while setting a precedent for how intermediary…
⚡ Quick Read What happened: CERC approved tariffs of ₹3.41/kWh and ₹3.42/kWh for NHPC’s 1.2 GW ISTS-connected wind-solar hybrid projects, with winners including Adani, Sprng Vayu, Illuminate, and Avaada. Why it matters: The ruling clarifies the regulatory stance on intermediary procurer roles and sets a precedent for the application of greenshoe options in large-scale hybrid…