TAG: "Hindustan Power"

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Government Slashes GST on Renewable Energy Devices from 12 Percent to 5 Percent

The GST Council has reduced the Goods and Services Tax (GST) on renewable energy devices and related parts from 12 percent to 5 percent, effective September 22, 2025, as part of its broader tax rationalisation reforms. It has also reduced GST on non-lithium-ion batteries to 18 percent from 28 percent.

Hindustan Power | September 04, 2025 | By Mrinmoy Dey |  9945

Hindustan Power Signs PPA with UPPCL for 435 MW DC Solar PV Project

Hindustan Power announced the signing of a Power Purchase Agreement (PPA) with Uttar Pradesh Power Corporation Limited for a 435 MW DC solar PV project to be set up in the state. The agreement is for the supply of clean power for 25 years from the upcoming project.

Hindustan Power | August 06, 2025 | By News Bureau |  629

Hindustan Power Commences 435 MWp Solar Power Project in Lalitpur, Uttar Pradesh

Hindustan Power announced the commencement of its 435 MWp solar power project in Lalitpur, Uttar Pradesh, during the Clean Energy Summit 2025.

Hindustan Power | July 08, 2025 | By News Bureau |  685

Prostarm, Hindustan, Barbrik Bag 125 MW/500 MWh Contracts in Bihar’s BESS Auction

Bihar awarded 125 MW/500 MWh battery storage contracts to Prostarm, Hindustan Power, Barbrik, and others under a fixed tariff, aiming to boost grid stability and renewable energy integration with VGF support.

Hindustan Power | July 02, 2025 | By EI News Network |  1075

Hindustan Power Bags 100 MW ISTS Connected Solar Project with 200 MWh BESS from SJVN

Hindustan Power has been awarded a 100 MW inter-state transmission system (ISTS)-connected solar power project along with a 200 MWh Battery Energy Storage System (BESS) from SJVN Ltd., a Navratna Central Public Sector Enterprise.

Hindustan Power | July 01, 2025 | By News Bureau |  789

Hindustan Power Awarded LoI for 120 MWh BESS Projects in Bihar

Hindustan Power has received a Letter of Intent from Bihar State Power Generation Company Ltd. to develop 120 MWh Standalone Battery Energy Storage Systems across three substations - Bhagalpur (40 MWh), Udakishanganj (40 MWh) and Sitamarhi (40 MWh).

Hindustan Power | June 20, 2025 | By Mrinmoy Dey |  598

RBI’s 50 bps Repo Rate Cut Fuels Energy Optimism Amid Easing Inflation Outlook

The twin developments, rate cut and neutral stance are being widely interpreted as a calculated push to stimulate credit demand and energise core sectors, particularly renewable energy.

Hindustan Power | June 06, 2025 | By Abha Rustagi |  772

Reliance, Jindal, SAEL, Sembcorp, JBM, Hindustan Power Win SJVN’s 1200 MW Solar Plus ESS Auction

SAEL Industries, Jindal India Renewable Energy, Sembcorp Green, JBM Renewables, Fastnote Biofuels (Hindustan Power), and Reliance NU Energies have emerged as winners in SJVN’s auction for 1,200 MW of ISTS-connected solar projects with 600 MW/2,400 MWh energy storage systems (ESS).

Hindustan Power | May 12, 2025 | By Mrinmoy Dey |  1385

Hindustan Power Wins 425MWp Solar Project from UPPCL

Hindustan Power has been awarded a 425 MWp solar power project by Uttar Pradesh Power Corporation Limited (UPPCL) as part of its 2,000MWac grid-connected solar PV power procurement initiative through a tariff-based competitive bidding process.

Hindustan Power | April 03, 2025 | By News Bureau |  1161

Hindustan Power Signs MoU with Assam Government to Invest INR 620 Cr in Power and BESS

Hindustan Power has signed a Memorandum of Understanding (MoU) with the Government of Assam to invest INR 620 crore in cutting-edge power and battery energy storage projects. The MoU was signed at the Advantage Assam 2.0 Investment and Infrastructure Summit in Guwahati, reinforcing the company's commitment to accelerating sustainable energy solutions.

Hindustan Power | March 03, 2025 | By News Bureau |  746

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Hindustan Power Aims to Build 5 GW Energy Portfolio by 2028 Focusing on RE: Chairman Ratul Puri

Ratul Puri, Chairman at Hindustan Power

Hindustan Power | September 02, 2025 | By Mrinmoy Dey |  1681