ACME Sun Power, a subsidiary of ACME Solar Holdings, has secured a Rs 37.53 billion term loan from REC Limited to develop a 320 MW firm and dispatchable renewable energy (FDRE) project in collaboration with SJVN. The project aims to provide...
Damodar Valley Corporation (DVC) has awarded Bharat Heavy Electricals Limited (BHEL) the engineering, procurement, and construction (EPC) contract for the 2×800 MW Koderma Thermal Power Station (TPS) Phase II in Jharkhand. The project will add...
Jakson Green, in collaboration with NTPC, has synthesized methanol from carbon dioxide captured at NTPC’s Vindhyachal Thermal Power Plant in Madhya Pradesh. The project, led by NTPC’s R&D unit, NETRA, captures CO2 directly from flue gas...
Japan’s Chubu Electric has increased its investment in OMC Power, raising its stake from 20% to over 35%, becoming the largest shareholder. This additional funding will support OMC Power in commissioning 100 MW of energy transition projects...
NTPC Green Energy Limited (NGEL), a subsidiary of NTPC, and ONGC Green Energy Limited (OGL), a subsidiary of Oil and Natural Gas Corporation (ONGC), have formed a 50:50 joint venture named ONGC NTPC Green Private Limited (ONGPL). The Ministry of...
Union Minister Manohar Lal Khattar and officials from Nepal and Bangladesh inaugurated the first trilateral power flow transaction on 15 November 2024. The event marked the transmission of hydroelectric power from Nepal to Bangladesh, facilitated...
Power Grid Corporation of India Limited (POWERGRID) has released the half-yearly report for its Infrastructure Investment Trust, POWERGRID Infrastructure Investment Trust (PGInvIT). PGInvIT recorded a consolidated income of Rs 6,557.15 million for H1...
The Central Electricity Authority (CEA) has released new draft guidelines on the periodicity of type tests for major equipment across the power value chain. A key proposal is to exempt transformers from repeating short-circuit tests solely due to...
Sterlite Power has teamed up with Infravision to modernize India’s power transmission infrastructure using advanced, technology-driven construction methods. India’s plan to build 50,000 ckm of transmission lines by 2030 underscores the need for...
Torrent Power has reported a reduction in transmission and distribution (T&D) losses across most of its licensed and franchised distribution areas for the first half (April to September) of FY25. In the Ahmedabad/Gandhinagar licensed area...
Equinix, Inc. has entered into its first power purchase agreement (PPA) in India with CleanMax to develop a 33 MW captive power plant in Maharashtra. The facility will comprise 26.4 MWp of solar and 6.6 MW of wind capacity, with phased operations...
IndiGrid, British International Investment (BII), and the Norwegian Climate Investment Fund managed by Norfund have established EnerGrid, a $300 million platform focused on greenfield transmission and standalone battery energy storage system (BESS)...
Coal India Limited (CIL) has reported a net profit of Rs 62.75 billion for the quarter ending September 2024, marking a 22.04% decrease from Rs 80.49 billion in the same quarter last year. The company’s total income for the quarter stood at Rs...
Power Minister Manohar Lal Khattar has encouraged states to identify viable sites for nuclear power plants, especially in areas far from coal sources. The government has already shortlisted 18 locations across the country for new nuclear capacity...
The Ministry of Mines has signed a memorandum of understanding (MoU) with the International Energy Agency (IEA) to advance cooperation in critical minerals. This agreement, recently approved by the Cabinet, will grant India access to IEA’s data...
Tata Power Renewable Energy Limited (TPREL) has commissioned a 126 MW Omkareshwar floating solar project in the Khandwa district of Madhya Pradesh. The Rs 5.96 billion engineering, procurement, and construction (EPC) project was awarded by NHDC...
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...
NHPC has announced that all four units of the Parbati-II Hydroelectric Project (800 MW) in Himachal Pradesh are expected to be operational by March 2025. This run-of-the-river project is designed to harness the hydro potential of the lower reaches...
PFC Consulting Limited (PFCCL) has established Wahipora and Sallar Transmission Limited for the transmission project involving the construction of grid substations at Wahipora and Sallar in Kashmir. The project encompasses the downstream...
Solex Energy Limited reported robust financial performance in H1 FY2024-25, with total income surging 194% to Rs 2.731 billion, up from Rs 930 million in H1 FY24. EBITDA increased 168% to Rs 253.7 million, and net worth expanded 244% to Rs 1.317...
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Prime Minister Narendra Modi laid the foundation stone for a 50 MW floating solar project at West...
In two consecutive sittings of the Expert Appraisal Committee for thermal power projects, held on...
GREW Solar has received a repeat order worth about Rs 500 crore from an independent power producer...
The government is preparing PM-KUSUM 2.0 with a dedicated 10 GW agrivoltaic (agri-PV) component to...
Aerem has appointed Nilesh Malani as Executive Director. In this role, he will lead the company’s...
Eastman Auto & Power Limited (EAPL) has operationalised an 800 MW solar photovoltaic (PV) panel...
KEC International Limited has secured new orders worth Rs 1,476 crore across its Transmission and...
Indo-Tech Transformers Limited has disclosed the cancellation of a Rs 64.99 crore order from Renew...
ACME Solar Holdings Limited (ASHL) has commissioned the third phase of its battery energy storage...
Dilip Buildcon Limited (DBL) has received a Letter of Intent from REC Power Development and...