Author: Power Peak Digest Team Pub Date: December 19, 2024 Bhartiya Nabhikiya Vidyut Nigam Limited (BHAVINI) plans to begin commercial operations of the 500 MW Prototype Fast Breeder Reactor (PFBR) at the Madras Atomic Power Station in Kalpakkam...

Author: Power Peak Digest Team Pub Date: December 19, 2024 Adani Energy Solutions Limited (AESL) established Adani Energy Solutions Step-Eleven Limited (AESSEL), a special purpose vehicle (SPV), on December 17, 2024. The SPV will focus on...

Author: Power Peak Digest Team Pub Date: December 19, 2024 GK Energy Limited has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India to raise funds through an initial public offering (IPO). The IPO consists...

Author: Power Peak Digest Team Pub Date: December 19, 2024 Insolation Energy Limited has received 45 acres of land from the Madhya Pradesh government to establish a solar manufacturing facility.  The proposed unit will have a production capacity of 3...

Author: Power Peak Digest Team Pub Date: December 19, 2024 The Bhubaneswar Municipal Corporation (BMC) has partnered with Oil India Limited (OIL) to establish a biogas plant in Nayapalli, Bhubaneswar, as part of a waste-to-wealth initiative. The...

Author: Power Peak Digest Team Pub Date: December 19, 2024 Indian Metals & Ferro Alloys (IMFA) has formed a joint venture with JSW Green Energy to source 70 MW of renewable energy for its smelting operations.  IMFA has signed a binding term sheet...

Author: Power Peak Digest Team Pub Date: December 19, 2024 Grew Energy has announced it will supply 500 MW of solar modules for Jindal Renewables’ solar power project in Rajasthan.  Jindal Renewables is developing around 3 GW of renewable...

Author: Power Peak Digest Team Pub Date: December 19, 2024 Honeywell has secured a contract to deliver building automation solutions for Exide Energy Solutions Ltd (EESL), a subsidiary of Exide Industries Ltd. The project will involve deploying...

Author: Power Peak Digest Team Pub Date: December 19, 2024 The Central Electricity Regulatory Commission (CERC) has granted a final transmission licence to “Bhadla-III Transmission Ltd,” a wholly-owned TBCB subsidiary of Power Grid Corporation of...

Author: Power Peak Digest Team Pub Date: December 19, 2024 On December 19, 2024, Gujarat Urja Vikas Nigam Limited (GUVNL) announced the winners of its 500 MW Solar Photovoltaic (PV) Power Projects under Phase XXV without energy storage systems (ESS)...

Author: Power Peak Digest Team Pub Date: December 19, 2024 Federal Bank has partnered with Ecofy, a green-focused NBFC backed by Eversource Capital, to offer financing solutions for MSMEs investing in rooftop solar installations. The program targets...

Author: Power Peak Digest Team Pub Date: December 19, 2024 Kalpataru Projects International Limited (KPIL) has successfully raised Rs 10 billion through a qualified institutional placement (QIP). The proceeds will be used to strengthen the company’s...

Author: Power Peak Digest Team Pub Date: December 19, 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...

Author: Power Peak Digest Team Pub Date: December 19, 2024 India has added nearly 15 GW of renewable energy capacity between April and November this financial year, almost double the 7.54 GW added during the same period last year.  Speaking at the...

Author: Power Peak Digest Team Pub Date: December 19, 2024 Sembcorp Green Infra (SGIPL), a unit of Sembcorp Industries, has secured a 150 MW solar project with a 300 MWh battery energy storage system (BESS) from Solar Energy Corporation of India...

Author: Power Peak Digest Team Pub Date: December 18, 2024 The Government of Rajasthan (GoR) has signed Memorandum of Understandings (MoUs) valued at Rs 104.5 billion with Prudential Sugar Corporation Limited and Oriana Power Private Limited for...

Author: Power Peak Digest Team Pub Date: December 18, 2024 NHPC has partnered with BEML to explore opportunities for developing desilting and dredging solutions for hydroelectric power plants.  These solutions will also help mitigate urban...

Author: Power Peak Digest Team Pub Date: December 18, 2024 RMC Switchgears has received a letter of acceptance (LoA) from a system integrator for the supply, installation, and commissioning of 5,000 solar pumps in Maharashtra.  The project, valued at...

Author: Power Peak Digest Team Pub Date: December 18, 2024 The retrofitting of thermal power plants with flue-gas desulphurization (FGD) units has reached only 11.1% of the total installed capacity, according to a report presented in Parliament...

Author: Power Peak Digest Team Pub Date: December 18, 2024 Modi Biotech Private Limited (MBPL), a subsidiary of Modi Naturals Limited, will invest Rs 1 billion to expand its ethanol production capacity.  The project will add 180 kilolitres per day...