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Supreme Court panel clears five hydro projects on Ganga

A Supreme Court-appointed panel has backed the development of five hydroelectric projects (HEPs) in Uttarakhand, despite opposition from the Ministry of Environment and Forest (MoEF) and the Jal Shakti Ministry, which raised concerns over ecological...

Sunshine Capital announces solar energy finance products

Sunshine Capital Limited has announced the launch of financial products to support solar energy adoption.  The Board of Directors approved the plan during a meeting held on December 3, 2024. The new solar energy finance offerings are designed to...

Tata Power Renewables commissions 431 MW DC solar project in Neemuch

Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power, has commissioned a 431 MW DC solar project in Neemuch, Madhya Pradesh.  Spanning 1,635.63 acres, the project was secured through a competitive bidding process and features a...

IEX reports 16% YoY growth in electricity trading for November 2024

The Indian Energy Exchange (IEX) recorded a 16% year-on-year increase in electricity traded volume, reaching 9,689 MU in November 2024. This growth was supported by increased market participation and competitive pricing.  The Day-Ahead Market (DAM)...

Hero Future to invest Rs 110 billion in Karnataka

Hero Future Energies Private Limited (HFEPL) has signed a Memorandum of Understanding (MoU) with the Government of Karnataka to invest Rs 110 billion in renewable energy and green hydrogen projects.  The investment will be allocated for establishing...

Adani Green incorporates new subsidiaries

Adani Green Energy Limited (AGEL), through its wholly-owned subsidiary Adani Saur Urja (KA) Limited, has incorporated three new subsidiaries to advance renewable energy projects in India. The newly established entities include Adani Hydro Energy One...

Adani Power denies Bangladesh plans to renegotiate power deal amid disputes

According to a Reuters report, Adani Power stated that it has no indication the Bangladesh government plans to review its 25-year power purchase agreement (PPA) with the company.  This follows earlier claims that Bangladesh is seeking to renegotiate...

Power Mech wins Rs 5.1 billion contract from Adani Power

Power Mech Projects Limited won a contract from Adani Power Limited (APL) worth Rs 5,100 million for civil and mechanical construction works for the 1,600 MW Raipur (Raikheda) Ultra Super-Critical Thermal Expansion Project on November 29, 2024. The...

INOXAP begins speciality gas supply to ReNew’s solar PV cell plant in Gujarat

INOX Air Products (INOXAP) has commenced the supply of electronic and speciality gases to ReNew’s first solar photovoltaic (PV) cell manufacturing facility in Dholera, Gujarat.  Under a long-term agreement, INOXAP provides critical gases such...

India rejects Baku Finance Goal at COP29, calls it inequitable

The COP29 summit in Baku, Azerbaijan, concluded with the adoption of the Baku Finance Goal (BFG), which commits developed nations to mobilize $300 billion annually by 2035 and aims for $1.3 trillion in long-term climate finance for developing...

MoP proposes amendments to EV charging infrastructure guidelines

The Ministry of Power (MoP) has released a draft amendment to the Guidelines for Installation and Operation of Electric Vehicle Charging Infrastructure-2024.  The draft outlines the framework for establishing EV charging infrastructure, including...

NHPC and GGGI join forces to promote clean energy

NHPC Limited has signed a Memorandum of Understanding (MoU) with the Global Green Growth Institute (GGGI) to collaborate on advancing clean energy solutions, including agrivoltaics, green hydrogen, and sustainable financing.  The partnership aims to...

SAIL partners with John Cockerill India to integrate green technologies in steelmaking

Steel Authority of India Limited (SAIL) has partnered with John Cockerill India Limited (JCIL), a subsidiary of the John Cockerill Group, to introduce green technologies into traditional iron and steelmaking processes.  This collaboration aims to...

Andhra Pradesh leads LED streetlight installations under SLNP

Andhra Pradesh has emerged as the top state in LED streetlight installations under the Street Lighting National Programme (SLNP), according to a recent Parliament reply.  Shripad Naik, Union Minister of State for Power, stated that 13.1 million LED...

DRAIPL secures transmission contract for Rajasthan REZ Phase IV evacuation

Dineshchandra R Agrawal Infracon Private Limited (DRAPL) has been awarded the contract to act as the Transmission Service Provider (TSP) for the Transmission System for evacuation of power from Rajasthan Renewable Energy Zone (REZ) Phase IV (Part 4:...

Ashoka Buildcon secures power distribution project in Madhya Pradesh

Ashoka Buildcon Limited has received a Notification of Award (NoA) valued at Rs 1,926.9 million for a power distribution project under Lot-I in Chhindwara, Madhya Pradesh.  The project involves the supply, installation, testing, and commissioning of...

THDC begins draft tube erection for Vishnugad Pipalkoti hydro project

THDC India Limited has initiated draft tube erection work in Unit 2 of the Vishnugad Pipalkoti Hydro Electric Project (HEP).  The project, with a total capacity of 444 MW, is situated on the Alaknanda River near Helong village in Uttarakhand. It is...

PFCCL establishes SPV for Kandla Green Hydrogen transmission project

PFC Consulting Limited (PFCCL) incorporated Kandla GHA Transmission Limited, a special purpose vehicle (SPV) for development of the Transmission System for supply of power to Green Hydrogen/Ammonia manufacturing potential in Kandla area of Gujarat...

NHPC inks 1,280 MW renewable power sale deal with UPPCL

On 27 November 2024, NHPC signed a power sale agreement (PSA) with Uttar Pradesh Power Corporation Limited (UPPCL) for the supply of 1,280 MW of Firm and Dispatchable Renewable Energy (FDRE).  The agreement, formalized in Lucknow, is part of the...

Madhya Pradesh secures coal allocation for 4,100 MW thermal power plants

The Union government approved coal allocation for Madhya Pradesh on 28 November 2024 to establish thermal power plants with a combined capacity of 4,100 MW. This was the first approval for coal allocation in five years, with the last granted in 2019...

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Rajesh Pandey assumes charge as DVC’s 51st Chairman

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