Author: PPD Team Date: 13/01/2025
Similar Posts
Power ministry to launch Rs 10 billion scheme for MSME energy efficiency
Author: PPD Team Date: 14/11/2024 The Ministry of Power (MoP) is set to launch a Rs 10 billion scheme to support energy efficiency initiatives among small and medium businesses, aiming to incentivize adoption of energy-efficient technologies. Under the Bureau of Energy Efficiency’s ADEETIE scheme (Assistance in Deploying Energy Efficient Technologies in Industries & Establishments), the plan will provide interest subvention of approximately five percent for small enterprises and three percent for medium enterprises. Technologies covered…
MNRE updates ALMM, adds 1,541 MW solar capacity
Author: PPD Team Date: 09/01/2025 The Ministry of New and Renewable Energy (MNRE) has updated its approved list of models and manufacturers (ALMM), increasing India’s total solar module manufacturing capacity under the list to 64.56 GW. The latest update includes two new manufacturers: Indosolar Limited, with an approved capacity of 1,525 MW, and Visaka Industries Limited, with 16 MW. Indosolar will produce bifacial mono-passivated emitter and rear contact (PERC) and bifacial tunnel oxide passivated contact…
IndiGrid, Kintech and H.G. Infra win NVVN’s BESS auction
Author: PPD Team Date: 28/10/2024 IndiGrid, Kintech Synergy, and H.G. Infra Engineering have emerged as winners in NTPC Vidyut Vyapar Nigam’s (NVVN) auction to develop 500 MW/1,000 MWh standalone battery energy storage systems (BESS) with Viability Gap Funding (VGF) support. NVVN, a subsidiary of NTPC, allocated 250 MW to IndiGrid 2 at a tariff of Rs 236,999 per MW per month. Kintech Synergy received 65 MW at Rs 237,490/MW/month, and H.G. Infra was awarded 185…
Powergrid to raise up to Rs 42.50 billion via 10-year bonds
Author: PPD Team Date: 19/12/2024 Power Grid Corporation of India Limited (PGCIL) has approved raising up to Rs 42.50 billion through the private placement of bonds. The funds will be raised under the Powergrid bonds – LXXX (80th Issue), which are unsecured, non-convertible, non-cumulative, redeemable, and taxable. The issue includes a base size of Rs 10 billion and a green shoe option of Rs 32.50 billion. These bonds will have a 10-year tenure with annual…
BHEL and Reliance Power report earnings growth in Q3 FY25
Author: PPD Team Date: 12/02/2025 Bharat Heavy Electricals Limited (BHEL) posted a net profit of Rs 1.35 billion for the quarter ending December 2024, marking a 125 per cent increase from Rs 0.60 billion in the same quarter last year. The company’s total income rose by 31.87 per cent to Rs 73.85 billion, compared to Rs 56 billion in the corresponding period of the previous year. Reliance Power Limited reported a net profit of Rs…
PGCIL wins LoI to build power evacuation line for Mahan Energen plant
Author: PPD Team Date: 04/04/2025 Power Grid Corporation of India Limited (PGCIL) has received a Letter of Intent (LoI) for selection as the transmission service provider (TSP) for a key power evacuation project in Madhya Pradesh. The award follows a tariff based competitive bidding (TBCB) process under the build, own, operate, and transfer (BOOT) model. The project is titled Transmission System for evacuation of power from Mahan Energen Limited Generating Station in Madhya Pradesh. PFC…
Power ministry to launch Rs 10 billion scheme for MSME energy efficiency
Author: PPD Team Date: 14/11/2024 The Ministry of Power (MoP) is set to launch a Rs 10 billion scheme to support energy efficiency initiatives among small and medium businesses, aiming to incentivize adoption of energy-efficient technologies. Under the Bureau of Energy Efficiency’s ADEETIE scheme (Assistance in Deploying Energy Efficient Technologies in Industries & Establishments), the plan will provide interest subvention of approximately five percent for small enterprises and three percent for medium enterprises. Technologies covered…
MNRE updates ALMM, adds 1,541 MW solar capacity
Author: PPD Team Date: 09/01/2025 The Ministry of New and Renewable Energy (MNRE) has updated its approved list of models and manufacturers (ALMM), increasing India’s total solar module manufacturing capacity under the list to 64.56 GW. The latest update includes two new manufacturers: Indosolar Limited, with an approved capacity of 1,525 MW, and Visaka Industries Limited, with 16 MW. Indosolar will produce bifacial mono-passivated emitter and rear contact (PERC) and bifacial tunnel oxide passivated contact…
IndiGrid, Kintech and H.G. Infra win NVVN’s BESS auction
Author: PPD Team Date: 28/10/2024 IndiGrid, Kintech Synergy, and H.G. Infra Engineering have emerged as winners in NTPC Vidyut Vyapar Nigam’s (NVVN) auction to develop 500 MW/1,000 MWh standalone battery energy storage systems (BESS) with Viability Gap Funding (VGF) support. NVVN, a subsidiary of NTPC, allocated 250 MW to IndiGrid 2 at a tariff of Rs 236,999 per MW per month. Kintech Synergy received 65 MW at Rs 237,490/MW/month, and H.G. Infra was awarded 185…
Powergrid to raise up to Rs 42.50 billion via 10-year bonds
Author: PPD Team Date: 19/12/2024 Power Grid Corporation of India Limited (PGCIL) has approved raising up to Rs 42.50 billion through the private placement of bonds. The funds will be raised under the Powergrid bonds – LXXX (80th Issue), which are unsecured, non-convertible, non-cumulative, redeemable, and taxable. The issue includes a base size of Rs 10 billion and a green shoe option of Rs 32.50 billion. These bonds will have a 10-year tenure with annual…
BHEL and Reliance Power report earnings growth in Q3 FY25
Author: PPD Team Date: 12/02/2025 Bharat Heavy Electricals Limited (BHEL) posted a net profit of Rs 1.35 billion for the quarter ending December 2024, marking a 125 per cent increase from Rs 0.60 billion in the same quarter last year. The company’s total income rose by 31.87 per cent to Rs 73.85 billion, compared to Rs 56 billion in the corresponding period of the previous year. Reliance Power Limited reported a net profit of Rs…
PGCIL wins LoI to build power evacuation line for Mahan Energen plant
Author: PPD Team Date: 04/04/2025 Power Grid Corporation of India Limited (PGCIL) has received a Letter of Intent (LoI) for selection as the transmission service provider (TSP) for a key power evacuation project in Madhya Pradesh. The award follows a tariff based competitive bidding (TBCB) process under the build, own, operate, and transfer (BOOT) model. The project is titled Transmission System for evacuation of power from Mahan Energen Limited Generating Station in Madhya Pradesh. PFC…
Power ministry to launch Rs 10 billion scheme for MSME energy efficiency
Author: PPD Team Date: 14/11/2024 The Ministry of Power (MoP) is set to launch a Rs 10 billion scheme to support energy efficiency initiatives among small and medium businesses, aiming to incentivize adoption of energy-efficient technologies. Under the Bureau of Energy Efficiency’s ADEETIE scheme (Assistance in Deploying Energy Efficient Technologies in Industries & Establishments), the plan will provide interest subvention of approximately five percent for small enterprises and three percent for medium enterprises. Technologies covered…
MNRE updates ALMM, adds 1,541 MW solar capacity
Author: PPD Team Date: 09/01/2025 The Ministry of New and Renewable Energy (MNRE) has updated its approved list of models and manufacturers (ALMM), increasing India’s total solar module manufacturing capacity under the list to 64.56 GW. The latest update includes two new manufacturers: Indosolar Limited, with an approved capacity of 1,525 MW, and Visaka Industries Limited, with 16 MW. Indosolar will produce bifacial mono-passivated emitter and rear contact (PERC) and bifacial tunnel oxide passivated contact…