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Tata Power jumps on reports of Gujarat PPA for Mundra plant
Tata Power Company rose 2.92% to Rs 410.15 following reports that the company has signed a Power Purchase Agreement with the Gujarat government for its Mundra power plant.
Tata Power shares gain nearly 4% after signing PPA with Gujarat Govt for Mundra Power plant
The agreement is also on similar terms that the government of Gujarat has done with the Adani group and this agreement will be a template for signing the PPAs with other states, the Tata Power MD & CEO Praveer Sinha told CNBC-TV18 exclusively.
KPI Green Energy secures Rs 949 cr sanction from Canara Bank
KPI Green Energy has secured a sanction of Rs 931 crore from Canara Bank in the form of a Fresh Rupee Term Loan and Rs 48 crore in the form of a Bank Guarantee, to finance the development of its 150 MW wind power project in Gujarat.
Om Power Transmission gets SEBI nod for raising funds through IPO launch. Details here
Om Power Transmission, based in Gujarat, has received SEBI approval for its IPO of 1 crore equity shares. The funds will support capital expenditure and debt repayment. The company specializes in high-voltage transmission projects.
Temperatures rise! NTPC Green, Adani Power shares jump up to 7%; what lies ahead?
Soaring temperatures across India are fueling a surge in power demand, boosting shares of NTPC Green and Adani Power. Heatwave warnings are in effect for Mumbai and Delhi, with Gujarat and Madhya Pradesh also experiencing intense heat. Experts anticipate a record summer, benefiting power companies as they prepare for heightened electricity needs.
DCM Shriram okays ₹217-cr investment in Gujarat's Bharuch renewable power project
The investment will enable the company to obtain around 48 MW of additional renewable power supply for the Bharuch plant, including about 30 MW of round-the-clock power at a 75% capacity utilisation factor. Shares of DCM Shriram Ltd ended at ₹1,018, up by ₹28, or 2.83%, on the BSE today, March 12.
Hotter summer ahead? NTPC Green, Tata Power, other power stocks surge up to 15%
Shares of Indian power companies rose sharply as early summer heat pushed electricity demand higher. Limited solar output and supply constraints from LNG and hydro plants boosted thermal generation. Temperatures across key cities have been above normal. Rajkot in Gujarat recorded 42°C on Tuesday, the highest so far this year.
NTPC Renewable Energy begins power supply from 270-MW unit of Gujarat solar project
NTPC Renewable Energy, a proud member of the NTPC Green Energy family, has officially commenced power generation from a robust 270-megawatt unit. This unit is a vital piece of a larger 1,200-megawatt solar venture flourishing in Gujarat.
Can summer demand, Iran conflict help Tata Power restart its Mundra plant?
CEO Praveer Sinha says talks with Gujarat on a revised power purchase pact are nearing completion, while analysts see rising fuel prices and summer demand strengthening the company’s hand.
AGEL spins up 185 MW wind energy project in Gujarat
Adani Green Energy Twenty Five C Limited has commissioned a new 185 MW wind power project in Khavda, Gujarat. This development boosts Adani Green Energy's total operational renewable generation capacity to 17,472.2 MW. The project was planned for operationalisation on February 28, 2026, and power generation commenced on March 1, 2026.
Waaree Energies wins 300 MW wind power project in Gujarat with 25-year supply deal
Waaree Forever Energies got SECI's nod for a 300 MW wind project in Gujarat; Waaree Energies won a 500 MW solar order. Shares of Waaree Energies Ltd ended higher on Tuesday, February 24, by 4.26% at ₹3,040.00 on the NSE.
KPI Green Energy completes 92.4-MW wind power project in Gujarat
KPI Green Energy has successfully completed a significant 92.4 megawatt wind power project in Gujarat. This project, developed for Ayana Renewable Power Four, features 28 wind turbine generators. The company has finished all necessary work, including substations and transmission lines. This achievement underscores KPI Green Energy's capability in executing large renewable energy projects and boosts India's clean energy capacity.