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TotalEnergies halts new investments in Adani Group amid corruption allegations

French energy company TotalEnergies has suspended new financial contributions to the Adani Group following indictments of Adani Group executives by US authorities over alleged corruption linked to Adani Green Energy Limited (AGEL). The US Securities...

Rajesh Power Services IPO launched at Rs 1.61 billion valuation

Rajesh Power Services Limited has launched its initial public offering (IPO), open for subscription until November 27, 2024.  The IPO is valued at Rs 1.61 billion, with a price band of Rs 319 to Rs 335 per equity share, each with a face value of Rs...

PGCIL secures LoI for Rajasthan IV 4A power transmission scheme

Power Grid Corporation of India Ltd (PGCIL) has received the letter of intent (LoI) for developing the ISTS-TBCB scheme under “Rajasthan IV 4A Power Transmission Ltd.”  The LoI, issued on November 25, 2024, pertains to the “Transmission system...

CCEA approves Rs 36.89 billion for two hydropower projects in Arunachal Pradesh

The Cabinet Committee on Economic Affairs (CCEA) has approved an investment of Rs 36.89 billion for two hydropower projects in Arunachal Pradesh to enhance the region’s power supply and support the national grid.  The 186 MW Tato-I Hydro Electric...

BHEL awards contract for Kodayar Power House renovation

Bharat Heavy Electricals Limited (BHEL) has awarded a Rs 52.28 million contract to  PK Unique Projects Pvt. Ltd., Chennai, for civil, structural, and architectural works, including supply, as part of the renovation, modernization, and uprating of...

Sterlite Power secures Rs 545 million OPGW contract from PGCIL

Sterlite Power Transmission Ltd has been awarded a contract valued at Rs 545 million by Power Grid Corporation of India Limited (PGCIL) for the supply and installation of Optical Ground Wire (OPGW) under the 9th and 11th National Communication Trunk...

BHEL-Hitachi Energy consortium wins Khavda-Nagpur HVDC project

A consortium of Bharat Heavy Electricals (BHEL) and Hitachi Energy India has secured a contract from Power Grid Corporation of India (PGCIL) for the Khavda-Nagpur High Voltage Direct Current (HVDC) transmission project.  The contract involves...

BHEL to commission 9 GW of thermal power in FY 2024

Bharat Heavy Electricals Limited (BHEL) is set to commission nine GW of thermal power generation capacity in the current financial year.  This addition, valued at approximately Rs 650 billion, will contribute to the nation’s existing 237 GW thermal...

CESC subsidiary to acquire Chandigarh electricity distribution company

Eminent Electricity Distribution, a subsidiary of CESC under the RP-Sanjiv Goenka Group, has secured a letter of intent (LoI) to acquire 100 per cent equity in Chandigarh’s electricity distribution and retail supply company for Rs 8.71...

Avaada Group to develop 1.2 GW pumped storage project in Rajasthan

Avaada Aqua Batteries, a subsidiary of Avaada Group, has signed a Memorandum of Understanding (MoU) with the Rajasthan government to establish a 1.2 GW pumped storage project (PSP) in the Sirohi district.  With a budget of Rs 58 billion, the project...

Ministry of Coal initiates 10th round of commercial coal mine auctions

The Ministry of Coal has commenced the 10th round of commercial coal mine auctions, offering five mines on the first day with combined geological reserves of 2,630.77 million tonnes and a peak-rated capacity of 12 million tonnes per annum. The fully...

KEC International secures orders worth Rs 11.14 billion across sectors

KEC International Ltd. has won orders worth Rs 11.14 billion. These include: Transmission & Distribution (T&D): Orders include a 400 kV transmission line project in Oman and supply of towers, hardware, and poles in the Americas. Cables:...

Jakson Green delivers electrolysers for first green hydrogen refueling station

Jakson Green Infinity has shipped its first batch of 3.8 MW electrolysers to power India’s inaugural green hydrogen refuelling station for urban mobility in the National Capital Region (NCR).  Manufactured at Jakson Green’s state-of-the-art Greater...

CERC grants transmission licenses for three projects in Rajasthan and Gujarat

In recent orders, the Central Electricity Regulatory Commission (CERC) has granted transmission licences to three projects:  Khavda Phase-IV Renewable Energy Project:CERC has granted a transmission license to POWERGRID Khavda IV-E2 Power Transmission...

PGCIL commissions NERSS-XII project

Power Grid Corporation of India Limited (PGCIL) has commissioned the North Eastern Region Strengthening Scheme-XII (NERSS-XII) project, effective 2 November 2024.  The notification for commercial operation was received on 23 November 2024.  NERSS-XII...

Relicab gains CG Power approval for 765 kV POWERGRID cables

Relicab Cable Manufacturing has received approval from CG Power and Industrial Solutions, Nashik, to supply interconnecting control cables for POWERGRID projects with voltage ratings up to 765 kV.  The certification, valid until 13 November 2025...

Carbon Minus wins Rs 39.6 billion contracts for solar projects in Maharashtra

Carbon Minus Energy Private Limited has secured contracts worth Rs 39.6 billion from Maharashtra State Power Generation Corporation (MSPGCL) and Maharashtra State Electricity Distribution Company Limited (MSEDCL) for developing 904 MW of...

WAPCOS to carry pumped storage project analysis in UP

WAPCOS Limited has been awarded a Letter of Award (LoA) worth Rs 2.3 million for consultancy services to analyze potential pumped storage project (PSP) sites in Uttar Pradesh.  The contract follows the Request for Proposal (RfP) issued by Invest UP...

THDC synchronises Unit 1 of Tehri PSP in Uttarakhand

THDC India Limited synchronised Unit I of the Tehri Pumped Storage Plant Project with the National Grid on November 19, 2024.  Furthermore, the coal firing was also achieved within a few hours of oil synchronisation. THDC, a joint venture (JV) of...

Tata Power and ADB partner to evaluate $4.25 billion clean energy projects

Tata Power has signed a Memorandum of Understanding (MoU) with the Asian Development Bank (ADB) during COP29 in Baku, Azerbaijan.  The partnership will evaluate financing for strategic projects aimed at enhancing India’s power infrastructure and...

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Inox Wind signs 1,500 MW turbine supply pact with Inox Clean Energy

Inox Wind Limited has signed a Memorandum of Understanding (MoU) with Inox Clean Energy for the...

Bondada wins Rs 1,338 crore NTPC solar-BESS contract

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Ashok Leyland becomes first OEM under Delhi-NCR vehicle replacement scheme

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HVR Solar plans 1.2 GW TOPCon solar cell plant in Uttar Pradesh

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Global firms push faster electrification amid energy security concerns

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NPCIL erects reactor vessel at Kudankulam Unit 5

The Nuclear Power Corporation of India Limited (NPCIL) has completed erection of the Reactor...

NHPC completes boxing-up of Unit 5 at 2,000 MW Subansiri project

NHPC Limited has completed the boxing-up of Unit 5 of the 2,000 MW Subansiri Lower Hydroelectric...

MNRE adds RECPDCL, REIL as rooftop solar implementation partners

The Ministry of New and Renewable Energy (MNRE) has expanded the list of Scheme Implementation...