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DVC awards EPC contract for Koderma TPS Phase II to BHEL

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 achieves milestone for methanol production for NTPC

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...

Chubu Electric increases stake in OMC Power to over 35%

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 and ONGC establish JV for renewable energy 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...

Trilateral power flow from Nepal to Bangladesh via India begins

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...

Powergrid InvIT announces H1 FY2024-25 results

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...

CEA proposes new guidelines for type-testing periodicity of power equipment

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 and Infravision partner to modernize India’s power transmission infrastructure

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 reports reduced T&D losses in major licensed areas

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 partners with CleanMax for renewable energy project in Maharashtra

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, BII, and Norfund launch $300 million platform

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 reports 22% decline in Q2 net profit

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...

MoP urges states to identify sites for nuclear power projects

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...

India signs MoU with IEA for critical minerals cooperation

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 commissions 126 MW floating solar project in Madhya Pradesh

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...

Power ministry to launch Rs 10 billion scheme for MSME energy efficiency

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 to commission Parbati-II hydroelectric project by March 2025

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...

PFCCL establishes SPV for Wahipora and Sallar Transmission project

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 reports 194% revenue growth

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...

Surana Solar acquires Surana Technologies

Surana Solar Limited has acquired a 100% stake in Surana Technologies Private Limited, making it a wholly-owned subsidiary.  Surana Technologies, with an authorized, subscribed, and paid-up capital of Rs 100,000, operates in the solar energy sector...

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