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Powergrid awards over Rs 17 billion in fresh contracts and posts steady profit
Power Grid Corporation of India Limited (Powergrid) has issued several key project awards recently, with the latest set totalling over Rs 17 billion. These include notable contracts awarded to KEC International, VIKRAN Engineering, CG Power, and GE Vernova. KEC International secures Rs 11.33 billion in T&D orders KEC International Limited has bagged fresh orders worth…
Non-fossil sources account for 53.6% of India’s installed power capacity
India’s total installed power generation capacity reached 537,264 MW as of April 30, 2026, according to the latest data released by the Central Electricity Authority (CEA). Non-fossil fuel-based sources, including renewable energy and nuclear power, now account for 53.61% of the country’s total installed capacity. Capacity mix The data shows that fossil fuel-based capacity stood…
Intersect Power, Google, and TPG Rise Climate to build clean energy
Intersect Power has partnered with Google and TPG Rise Climate to co-locate renewable energy infrastructure with data centres, aiming to meet the growing demand for clean power while reducing reliance on long-distance transmission. The initiative plans a $20 billion investment in renewable energy and storage by 2030, focusing on enhancing speed of deployment, grid reliability,…
Union minister reviews Lakshadweep’s power sector
Union Minister of Power and Housing & Urban Affairs Shri Manohar Lal reviewed the power sector scenario for the Union Territory (UT) of Lakshadweep in Kavaratti. Shri Praful Patel, Administrator of Lakshadweep, along with senior officials from the UT administration, Government of India (GoI), and Power Finance Corporation (PFC), attended the meeting. Key issues discussed…
BCA data shows strong demand for used EVs despite industry caution
British Car Auctions (BCA) reports that used electric vehicle (EV) activity in the UK reached record levels in August, with EVs outperforming petrol and diesel models. BCA said EVs showed the highest rate of first-time conversions and the best performance in both monthly and live CAP evaluations. The firm noted this trend despite industry concern…
TPREL and Canara Bank partner to promote rooftop solar systems
Tata Power Renewable Energy Limited (TPREL) has collaborated with Canara Bank to promote rooftop solar adoption under the PM Surya Ghar Scheme. For systems up to 3 kW capacity, loans of up to Rs 200,000 are available with a 10 per cent margin, no collateral, a 7 per cent annual interest rate, and a 10-year…
