Gensol Engineering Limited has incorporated three new subsidiaries: Innogrid Energy Private Limited, Hari Shakti Energy, and Shakti Sangini Energy Private Limited. Gensol has subscribed to 10,000 equity shares in each subsidiary, representing 100...
The Southern Regional Power Committee (SRPC) has proposed enhancing the reverse transfer capacity of the ±800kV, 6000 MW Raigarh-Pugalur HVDC system from 3,000 MW to 6,000 MW. The National Committee on Transmission (NCT) is expected to discuss this...
KEI Industries Ltd has completed brownfield capacity expansions at its Chinchpada (Silvassa, Dadra Nagar Haveli, and Daman & Diu) and Pathredi (Rajasthan) cable manufacturing units in the first half (H1) of FY25. The expansions, fully...
Schneider Electric has unveiled “Miluz ZeTa,” its latest range of switches, sockets, and home connectivity solutions in the Indian market. The Miluz ZeTa collection features innovations like a patented space-saving switch socket, an Air...
The Asian Development Bank (ADB) has approved a USD 241.3 million financing package to enhance electricity distribution in West Bengal, ensuring a reliable and sustainable power supply. This program aligns with the revamped distribution sector...
Power Grid Corporation of India Ltd (PGCIL) has received letters of intent (LoIs) for two interstate transmission system (ISTS) schemes for evacuating renewable energy from Rajasthan’s Renewable Energy Zone (REZ) Phase IV (6 GW) . The LoIs were...
India’s data centre capacity is projected to reach 2,000-2,100 MW by FY27, driven by investments between Rs 500 billion and Rs 550 billion, according to Investment Information and Credit Rating Agency (ICRA). The current capacity is 950 MW, with NTT...
The Ministry of Coal has opened bids for the 10th round and the second attempt of the 9th and 8th rounds of commercial coal mine auctions. In the 10th round, 43 bids were received for 16 out of the 61 mines on offer. However, in the second attempt...
PFC Consulting Ltd (PFCCL) has formed a wholly-owned subsidiary named “Gadag II and Koppal II Transmission Ltd” on October 21, 2024, as a special purpose vehicle (SPV) for an interstate transmission system (ISTS) scheme in Karnataka. The project...
Hindustan Zinc has entered into a group captive arrangement with Serentica Renewables to secure 530 MW of round-the-clock (RTC) renewable power. The agreement involves Hindustan Zinc investing Rs 3.27 billion to acquire a 26% stake in Serentica and...
Siemens has introduced SIMOCODE M-CP, an advanced motor management product series designed specifically for motor control centres (MCC). The SIMOCODE M-CP expands Siemens’ existing portfolio with compact, future-proof technology optimized for MCCs...
The board of CG Power & Industrial Solutions Ltd has approved the expansion of its power transformer manufacturing capacity from 35,000 MVA to 40,000 MVA with an estimated investment of Rs 270 million. This decision, made on October 21, 2024...
Gensol Engineering has partnered with Matrix Gas & Renewables to establish India’s first green steel production facility using 100% green hydrogen. The project, with a total capital expenditure of Rs 3.21 billion, will receive 50% capex...
Oriana Power Limited has won an order from Maharashtra State Electricity Distribution Company Limited (MSEDCL) to develop a 75 MW solar power plant in Maharashtra. The project falls under Component C of the PM-KUSUM Scheme, focusing on feeder-level...
The Ministry of New and Renewable Energy (MNRE) has issued an expression of interest (EoI) to expand the network of vendors under the PM-Surya Ghar: Muft Bijli Yojana. The initiative aims to accelerate the deployment of residential rooftop solar...
Vedanta has announced plans to invest more than Rs 1 trillion in Rajasthan, covering its zinc, renewable energy, and oil and gas divisions. This investment is expected to create around 200,000 jobs and support the development of over 500 downstream...
According to information provided to the Parliamentary Standing Committee on Science and Technology, India is currently installing at least 10 new nuclear reactors. The reactors, with a capacity of 700 MW each, are being developed in states...
JSW Neo Energy Limited (JSWNEL), a subsidiary of JSW Energy Limited, has acquired three special purpose vehicles (SPVs)—Hetero Wind Power Limited, Hetero Wind Power (Pennar) Private Limited, and Hetero Med Solutions Limited—from Hetero Labs Limited...
India’s target of installing 500 GW of renewable energy by 2030 could drive its annual solar equipment import bill to USD 30 billion, according to a report by think tank Global Trade Research Initiative (GTRI). The report emphasizes that...
India and the US are working together to bolster their critical minerals supply chains, aiming to reduce dependency on China. As part of this effort, the two countries plan to jointly explore third-country sources for securing critical minerals...
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NTPC Renewable Energy Limited (NTPC REL), a wholly owned subsidiary of NTPC Green Energy Limited...
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Quality Power Electrical Equipments Limited has announced that its material step-down subsidiary...
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India’s energy sector is going through a major transformation, driven by the powerful...
STEAG Energy Services (India) Private Limited, a wholly-owned step-down subsidiary of Bluspring...
ACME Cleantech Solutions Private Limited (ACME Group) has signed long-term offtake agreements with...
Indian Energy Exchange (IEX) traded 37,534 MU (37.5 BU) of electricity during the first quarter (Q1)...