As per the information provided by Ministry of New & Renewable Energy (MNRE), Government of India, installed capacity of wind power projects in India has reached to 48163.46 MW as on 31st December 2024. This means during the FY 2024-25, an aggregate capacity of 2276.65 MW has been added from 1st April 2024 to 31st December 2024.
It is learnt that the Gujarat Electricity Regulatory Commission (GERC) has approved a power purchase agreement (PPA) between Jubilant Infrastructure, a wholly owned subsidiary of Jubilant Ingrevia, and O2 Renewable Energy III, a subsidiary of O2 Power, for procuring 9 MW of wind-solar hybrid power. The tariff for the power has been set at Rs 4.13 per kWh.
It is learnt that telecommunications company Bharti Airtel has announced the acquisition of a 26% stake in a special purpose vehicle of Amp Energy, which will set up a 50 MW wind-solar hybrid power project in Rajasthan. Airtel will procure power from AMP Energy Green Three's hybrid power project in Barmer, Rajasthan in captive mode.
It is learnt that as a tribute to Late Tulsi Tanti and his strong commitment to Andhra Pradesh, Suzlon Group has signed an MoU with the Andhra Pradesh State Skill Development Corporation (APSSDC) to start India's largest green skill development program to enhance green jobs and bridge the employability gap in the renewable sector.
It is learnt that NTPC has concluded auction for 1.2 GW of wind-solar hybrid capacity at an average price of INR 3.43 /kWh. JSP Green (Jindal Renewables) secured 350 MW by quoting the lowest price of INR 3.38. Out of the balance capacity, Adani Renewable Energy was allocated 350 MW at INR 3.44.
It is learnt that Global energy giant Engie has announced it plans to grow its portfolio of renewable energy capacity in India from the current 2.3 Gigawatt (GW) to 7 GW over the next five years through 2030.
It is learnt that CESC has issued the Letter of Award to Purvah Green Power (Purvah), a subsidiary of CESC for setting up of Wind-Solar Hybrid Power Project of 150 MW with additional 150 MW capacity under Greenshoe option.
It is learnt that the Kerala State Electricity Board (KSEB) is exploring possibility to explore micro wind systems which have considerable potential, given Kerala’s long coastline and other windy locations.
Wind projects up to 20 kilowatt (kW) capacity fall under the category of micro wind projects. As a first step towards demonstrating their suitability, KSEB will deploy eight on-grid micro wind systems (three each of 2 kW and 3 kW and two 5 kW systems) at its own facilities across the State.
It is learnt that the Waaree Energies has signed a definitive agreement to acquire 100% of Enel Green Power India (EGP India) from Enel Green Power Development S.R.L.
EGP India, part of Italy’s Enel Group, operates a 640 MW (AC) renewable energy platform, including solar and wind projects, and has a 2.5 GW project pipeline across India.
It is learnt that the Ministry of New and Renewable Energy (MNRE) is pushing for better land access for wind power projects to meet the 500-GW non-fossil energy target. States are exploring the consolidation of unused government land amid industry concerns about project progress and land availability.
It is learnt that The Appellate Tribunal for Electricity (APTEL) has allowed Andhra Pradesh distribution companies (AP DISCOMs) to deduct the Generation Based Incentive (GBI) amounts retrospectively from the wind project tariffs, starting from the date of the filing of the petition on February 14, 2017, until they were fully credited.
It is learnt that in a landmark decision, the Madras High Court has quashed the Rs 50 lakh per megawatt (MW) 'Resource Charges' imposed by the Tamil Nadu Green Energy Corporation Ltd (GECL) on wind power projects connected to the Central Transmission Unit (CTU).
It is learnt that India to mandate energy storage for photovoltaic, wind power projects. India's Ministry of New and Renewable Energy (MNRE) may soon introduce new policies which will mandate the inclusion of battery storage in new solar and wind projects.
It is learnt that Inox Wind (IWL) has secured a 60 MW equipment supply order from Serentica Renewables. This order is for the supply of 3 MW class wind turbines for setting up of hybrid renewable energy project site being developed by Serentica Renewables in Karnataka.
Additionally, IWL will provide multi-year post-commissioning Operations & Maintenance (O&M). The power generated from this project will be supplied to Serentica's partners, including the Vedanta Group.
It is learnt that Godrej Industries to Procure Power from CleanMax's Wind-Solar Project. Godrej Industries will procure renewable energy from Clean Max Kaze, a special purpose vehicle of CleanMax, which is setting up a wind-solar hybrid power project in Gujarat. The hybrid project will supply power to Godrej's factory in Valia.
It is learnt that JSW Neo Energy acquires O2 Power's 4.7 GW renewable energy platform. JSW Neo Energy Limited, a wholly owned subsidiary of JSW Energy, has acquired O2 Power Midco Holdings Limited and O2 Energy SG Pte Limited from O2 Power Pooling Pte Limited.
It is learnt that Adani Renewable Energy Forty Eight Limited, a part of AGEL, has commissioned a 62.4 MW wind power plant as part of its wind-solar hybrid project in Khavda, Gujarat. Adani Green Energy Twenty Four A Limited, another part of AGEL, has also commissioned a 112.5 MW solar power plant in Khavda, Gujarat.