Summary: — ## **Key Business Points** ### 1. **What is a VPPA?** A **Virtual Power Purchase Agreement (VPPA)** is a financial contract for difference (CfD) where: – The buyer does **not physically receive electricity** – The developer sells power to the grid at market price – The buyer pays the difference if market price is […]
Petition for Approval of PPA and Adoption of tariff for procurement of RE-RTC power up to 8 MW for a period of 11 months – EQ
Summary: — ## 1. Case Overview | Parameter | Detail | |———–|——–| | **Case No.** | 251 of 2025 | | **Petitioners (Buyers)** | M/s Mindspace Business Parks Pvt Ltd (MBPPL)<br>M/s Gigaplex Estate Pvt Ltd (GEPL)<br>M/s KRC Infrastructure and Projects Pvt Ltd (KRCIPPL) | | **Respondent (Seller)** | M/s Energy Edge Power Trading Limited (Trader) […]
Petition for approval of PPA and Adoption of tariff for procurement of 60 MW power for a period of 20 years from wind-solar hybrid power projects – EQ
Summary: — ## Key Facts of the Case | Parameter | Detail | |———–|——–| | **Petition filed on** | 18 July 2025 | | **Procurement volume** | 60 MW | | **Duration** | 20 years | | **Discovered tariff range** | ₹4.35 – ₹4.40/kWh | | **Bidding guidelines** | Ministry of Power’s “Guidelines for Tariff […]
NGEL issue Tender for EOI for Procurement of Renewable Energy Power from NUGELs upcoming 100 MW Solar PV Project with 50 MW/200 MWh BESS in the state of U.P – EQ
Summary: — ### Key Business Points #### 1. Project & Organization Overview – **Issuing Entity:** NTPC Green Energy Limited (NGEL) on behalf of NTPC UP Green Energy Limited (NUGEL). – **NUGEL:** A joint venture between NGEL (a subsidiary of NTPC, India’s largest power utility) and UPRVUNL (Uttar Pradesh’s state-owned power generation company). Incorporated on January […]
Rajasthan Electricity Regulatory Commission Releases Draft Power Purchase Rules Ahead of 3,200 MW Procurement Plan Hearing – EQ
In Short : The Rajasthan Electricity Regulatory Commission has issued draft power purchase rules prior to a hearing on a proposed 3,200 MW procurement plan. The draft framework outlines guidelines for sourcing power, contract structures, and procurement processes. The move aims to ensure transparency, support capacity addition, and strengthen supply planning to meet rising electricity […]
Maharashtra Approves Procurement of 2,269 MW Solar Power to Accelerate Clean Energy Expansion – EQ
In Short : Maharashtra has approved the procurement of 2,269 MW of solar power to strengthen its renewable energy capacity and support the state’s transition toward cleaner electricity generation. The move will help distribution companies meet renewable purchase obligations while improving power availability. The initiative also contributes to India’s broader renewable energy targets and long-term […]
NTPC Ltd issue Tender for Procurement of Fuses for the 10 MW Solar Power Plant at NTPC Unchahar – EQ
Summary: —- #### **Key Details:** – **Buyer/ Delivery Location:** Feroz Gandhi Unchahar STPS, Unchahar, Raebareli (UP) – 229406. – **Tender Reference:** 9900321217. – **Required Delivery Deadline:** **30th April 2026**. #### **Scope of Supply (Bill of Materials):** The tender outlines three specific line items requiring immediate supply. The total value is significant, indicating a bulk procurement […]
HURL issue Tender for Procurement of Renewable Energy Certificates for Hurl Units for Compliance Year 2024-25 – EQ
Summary: — ### Key Business Points #### 1. Scope and Tendering Process – **Objective:** To procure Renewable Energy Certificates (RECs) to meet HURL’s compliance requirements for the year 2024-25. – **Procurement Method:** This is a **single tender**, exclusively inviting M/s NTPC Vidyut Vyapar Nigam Limited (NVVN) to bid. – **Bidding System:** The tender uses a […]
ISRO issue Tender for Procurement, Layout Design snd Implimentation of Rigid Optical Solar Reflectors on Radiator Panels of Spacecraft – EQ
Summary: — #### 1. Tender Overview – **Issuing Authority:** U. R. Rao Satellite Centre (URSC), Department of Space, Government of India, Bangalore. – **Tender Reference No.:** URSC/PR/IS202500091501 dated 18-02-2026 – **Tender Classification:** WORKS – **Description:** Rate Contract for Procurement, Layout Design, and Implementation of Rigid Optical Solar Reflectors on Radiator Panels of Spacecraft. – **Type […]
TCIL issue Tender for Selection of Partner for Procurement of Grid Tie Roof-Mounted Hybrid Solar PV Systems for a Cumulative 2 MWp in the Island of Rodrigues, Republic of Mauritius – EQ
Summary: — ### **1. PROJECT OVERVIEW** – **Title:** Selection of Partner for Procurement of Grid Tie Roof-Mounted Hybrid Solar Photovoltaic Systems (Cumulative 2 MWp) in Rodrigues, Republic of Mauritius. – **Client’s Tender Reference:** CEB/IFB/2025/10478. – **Issuing Entity:** TCIL (a Government of India Enterprise under the Department of Telecommunications). – **Objective:** To select a backend partner […]