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Hindustan Power

Hindustan Power to invest Rs 620 cr in solar, battery projects in Assam

Hindustan Power has signed an agreement with the Assam government to invest Rs 620 crore to set up solar and battery storage projects. The investment will drive the development of a 100 MW solar power plant alongside a battery energy storage system, the company said in a statement on Monday. The company said it will invest Rs 500 crore for the solar plant and another Rs 120 crore for the battery storage facility. "Hindustan Power was the first company to develop a large solar power plant in Assam in 2016, and the company remains committed to driving the state's journey of growth in the new era of renewable energy," the company's chairman Ratul Puri said. Hindustan Power is an independent power producer with a global portfolio of renewable and transitional electricity generation assets.

Updated On: 03 Mar 2025 | 4:54 PM IST

Hindustan Power Exchange crosses 5 bn units trade in 11 months of launch

Hindustan Power Exchange (HPX) on Thursday announced that its has crossed the milestone of five Billion Units (BU) of power traded within 11 months of its launch. HPX was able to cross this landmark amid a rapid increase in trading volume across contingency and long duration contracts (LDC) segments, a HPX statement said. The strong growth in members/client base and trading volumes demonstrate the trust and support the platform has been able to garner from power sector participants, it stated. HPX is a new-age power exchange promoted by PTC India, BSE and ICICI Bank and has a diverse shareholder base represented by state power utilities, central generators, independent power producers, market makers in trading, and power sector consultants. HPX raced to five BUs within a span of 173 days with a daily average volume of around 18 MU, post-crossing the historic landmark of 1 BU, which happened within a time frame of 171 days. A large part of this volume is attributed to the LDCs whic

Updated On: 15 Jun 2023 | 3:48 PM IST

Hindustan Power Exchange trade crosses 2.5 bn unit mark in 8 months

Hindustan Power Exchange (HPX) on Monday said that it has crossed the trade milestone of 2.5 billion units within eight months of its launch. "HPX, promoted by PTC India, BSE and ICICI Bank, has successfully crossed the milestone of 2.5 Billion Units of power traded within 8 months of its launch," an HPX statement said. HPX was able to cross this landmark with a rapid increase in trade volume across contingency, weekly, monthly, and Long Duration Contracts (LDC) segments, it explained. The exchange recently concluded monthly long-duration contracts of 453.7 MU (million units) which will be delivered in the months of March and April 2023 and is a part of the above volume. HPX raced to 2.5 BU within a short span of 67 days with a daily average volume of 18 MU, post crossing the historic landmark of 1 BU, which happened within six months of its launch, it stated. This is the fastest increase in volume for the initial few months of the existence of any of the power exchanges operating

Updated On: 07 Mar 2023 | 12:12 AM IST

Hindustan Power Exchange backed by BSE, PTC to commence operations

The other two exchanges in the country are Indian Energy Exchange (IEX) and Power Exchange of India ltd (PXIL), of which IEX holds a 98 per cent almost monopoly on the total traded power in country

Updated On: 07 Jul 2022 | 1:45 AM IST

Hindustan Power to support families of employees succumbing to coronavirus

Hindustan Power has announced financial support for families of all employees, including contract staff, who succumb to Covid-19

Updated On: 01 Jun 2021 | 5:46 PM IST

Hindustan Power looking to acquire stressed thermal power plants

With 6,000 Mw of power generation capacity, the firm has presence across thermal, hydro and solar power sectors

Updated On: 13 Sep 2018 | 11:09 PM IST

Hindustan Power expands presence in Japan, acquires 15 solar plants

The company aims to touch 2 Gw of global power generation capacity by 2022

Updated On: 14 Jul 2017 | 1:23 AM IST

Hindustan Power to consider new streams of finance

To commission 1,320 Mw coal and 1,000 Mw solar projects

Updated On: 13 Aug 2016 | 10:11 PM IST

Hindustan Power initiative to provide prompt patient transfer

The company has devised an emergency response protocol and identified situations such as ailments of heart, kidney, accidents

Updated On: 04 Jun 2016 | 4:04 PM IST

Hindustan Power commissions first phase of 2,520 MW Anuppur Plant in MP

The project is commissioned at a cost of Rs 8,000 cr

Updated On: 14 Apr 2016 | 6:13 PM IST