Tata Power has committed Rs 5.5 billion towards establishing solar and wind power capacities to supply clean energy to Noida International Airport (NIA) in Uttar Pradesh. The company has signed two power purchase agreements with NIA, supporting the...
Paradeep Transmission, a wholly-owned subsidiary of PFC Consulting created to develop the Eastern Region Expansion Scheme-XXXIV (ERES XXXIV), has been transferred to Tata Power Company. The sale and transfer process to Tata Power, the successful...
Indian Oil Corporation Limited (IOCL) has joined hands with Tirumala Tirupati Devasthanams (TTD) to build a 40 tonnes-per-day biogas plant in Tirumala, aiming to promote sustainable energy and effective waste management. TTD’s Additional Executive...
Rosa Power Supply Company, a subsidiary of Reliance Power, has achieved zero-debt status after prepaying Rs 13.18 billion to Singapore-based lender Varde Partners. The company initially paid Rs 8.33 billion in September, followed by the remaining Rs...
India’s energy storage capacity is projected to increase 12-fold to 60 GW by FY 2032, as outlined in a new SBICAPS report. This expansion is anticipated to outpace the growth in renewable energy (RE) sources, as RE tenders increasingly include...
Serentica Renewables has announced plans to develop renewable energy projects with a combined capacity of 10 GW in Andhra Pradesh, supporting both India’s clean energy goals and the state’s green vision. This initiative aligns with Andhra...
Rajasthan and Gujarat, India’s leaders in renewable energy, are urged to implement policy adjustments to sustain their progress, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). Vibhuti Garg, IEEFA’s...
IREL (India) Limited, a CPSU under India’s Department of Atomic Energy (DAE), has partnered with Kazakhstan’s Ust-Kamenogorsk Titanium and Magnesium Plant JSC (UKTMP) to establish IREUK Titanium Limited, a joint venture for producing titanium slag in...
Apollo Green Energy Limited (AGEL), part of Apollo International Group, has announced plans to build a Rs 100 billion project portfolio by 2025. Currently, its order book stands at Rs 35 billion, with active solar projects valued at Rs 25 billion...
The Ministry of New and Renewable Energy (MNRE) has issued a call for proposals to establish Centers of Excellence (CoEs) under the National Green Hydrogen Mission’s (NGHM) Research and Development (R&D) programme, with a deadline of December 19...
SJVN Limited has announced its financial results for the quarter ending September 2024 (Q2 FY25), reporting a consolidated net profit of Rs 4,399 million, a slight increase from Rs 4,396.4 million in the same period last year. The company’s...
Sterling Tech-Mobility has announced plans to set up a manufacturing facility in Bengaluru, Karnataka, in partnership with Chinese firm Kunshan GLVAC Yuantong New Energy Technology. This initiative will focus on producing high-voltage DC (HVDC)...
Waaree Energies has secured an order to supply up to 180 MWp of solar modules to a prominent renewable energy developer in India. Deliveries are set to begin at the end of November 2024 and conclude by the fourth quarter of fiscal year 2025. This...
Hindustan Petroleum Corporation’s R&D arm, HP Green R&D Centre (HPGRDC), has entered a collaboration with Engineers India Limited (EIL) to commercialise its indigenous hydrogen pressure swing adsorption (HP-PSA) technology. Under this...
Waaree Renewable Technologies Limited (WRTL), the solar EPC arm of Waaree Group, reported Q2 FY25 revenue of Rs 5,244.7 million, a 249.50% increase from Rs 1,500.6 million in Q2 FY24. Profit after tax (PAT) stood at Rs 535.2 million, while its...
Gentari Renewables India Utilities 2, Juniper Green Energy, EG Energy Development (Enfinity Global), Sunsure Solarpark RJ One, and Adyant Enersol (Datta Infra) emerged as winners in SJVN’s Phase III auction for 1,200 MW of ISTS-connected wind-solar...
ACME Solar launched its initial public offering (IPO) today, November 6, 2024, valued at Rs 30 billion, with a price band of Rs 275 to Rs 289 per equity share. The IPO, open until Friday, November 8, 2024, requires a minimum bid of 51 shares, with...
NTPC Limited has signed a joint venture agreement (JVA) with Rajasthan Rajya Vidyut Utpadan Nigam Limited (RVUNL) to jointly own and operate the Chhabra thermal power plant. The 2,320 MW plant, currently managed by RVUNL, comprises four 250 MW units...
Tata Power Company Limited posted a net profit of Rs 10.93 billion for the quarter ending September 2024, marking a 7.47 per cent rise from Rs 10.17 billion in the same period last year. The company’s total income grew by approximately 1.13...
NTPC‘s board has approved investment proposals totalling approximately Rs 800 billion for thermal power projects with a combined capacity of 6,400 MW. The approved projects include: Telangana Super Thermal Power Project, Phase-II: 3×800 MW...
Monthly Magazine
Recent Posts
Hitachi Energy India to invest Rs 2,000 crore in Gujarat transformer plant Hitachi Energy India...
Hitachi Energy India Limited has announced an investment of around Rs 2,000 crore to establish a new...
JSW Energy Limited, through its wholly owned subsidiary JSW Neo Energy Limited, has commissioned the...
REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited...
Power Grid Corporation of India Limited (POWERGRID) has been declared the successful bidder for...
ACME Solar Holdings Limited (ASHL), through its wholly owned subsidiary ACME Sun Power Private...
Prozeal Green Energy Limited has received a Notification of Award (NOA) from Oil and Natural Gas...
NTPC Limited has declared commercial operation of an additional 50 MW solar capacity under a larger...
India has yet to commission any offshore wind capacity despite an estimated 70 GW of technical...
A coastal energy project combining 400 MW of offshore solar generation with on-site hydrogen...