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Tata Power sets up Odisha’s first integrated distribution control centre
Tata Power has launched a new power distribution technology centre (PDTC) in Bhubaneswar to enhance real-time monitoring and control of electricity distribution across Odisha. This facility is the first integrated state-level control centre in India’s power distribution sector. The PDTC manages live operations of 250 SCADA-enabled primary substations in central Odisha. It is staffed by…
- India | Generation | News
Bhutan’s Kholongchhu Hydro signs Rs 4,829 crore loan deal with PFC
Kholongchhu Hydro Power Ltd (KHPL) has signed a Rs 4,829 crore term loan agreement with Power Finance Corporation (PFC) to fund the 600-megawatt Khorlochhu Hydropower Project in Bhutan.  KHPL is a joint venture with Druk Green Power Corporation Ltd (DGPC) holding 60 per cent and Tata Power Company Ltd holding 40 per cent. Located in…
PM Modi inaugurates 4 MW solar project in Ekta Nagar, Gujarat
Prime Minister Narendra Modi inaugurated a 4 MW solar project in Ekta Nagar, Gujarat, valued at Rs 232.6 million. This initiative is part of ongoing efforts to enhance the Statue of Unity area as an international tourist destination while promoting sustainable energy solutions in the region.
NHPC concludes tranche VI auction, awarding 1,200 MW of FDRE projects
NHPC Limited has successfully concluded its tranche VI auction, awarding 1,200 MW of firm and dispatchable renewable energy (FDRE) projects integrated with energy storage systems and connected to the inter-state transmission system (ISTS). The auction also included a greenshoe option of 1,200 MW. Jevargi Solar Power was awarded 150 MW at Rs 4.48 per kWh,…
IREDA raises Rs 4.53 billion through second perpetual bond issue
The Indian Renewable Energy Development Agency (IREDA) has mobilised Rs 4.53 billion through its second perpetual bond issue at a coupon rate of 7.70 percent per annum. The issue received bids worth Rs 13.43 billion against the base size of Rs 1 billion and a green shoe option of Rs 4 billion, resulting in an…
Fibe launches solar loan solution for middle-income homes in small cities
Fibe has launched a new rooftop solar financing solution aimed at middle-income households, especially in Tier 2 and Tier 3 cities. The digital lending platform is offering collateral-free loans of up to Rs 500,000 for residential rooftop solar systems. This new offering is designed to make solar more affordable. It covers 100 per cent of…
