Apar Industries Ltd has announced plans to expand its Continuous Transposed Conductor (CTC) production capacity to meet increasing demand driven by government prioritization of power and generation equipment. The expansion will triple the company’s...
Schneider Electric Infrastructure Ltd (SEIL) has reported a 14.3% year-on-year growth in its order backlog, which stood at Rs 13.89 billion as of September 30, 2024. The company also noted robust growth in order inflows during FY25. In Q2FY25 (July...
NTPC Vidyut Vyapar Nigam (NVVN) has awarded contracts totalling 66 MW of solar capacity to Kirloskar Solar Technologies and Oriana Power. The projects, valued at Rs 2.91 billion, will be developed across multiple Indian states. Kirloskar Solar...
Power Grid Corporation of India Ltd (PGCIL) acquired “Khavda V-A Power Transmission Ltd” from REC Power Development & Consultancy Ltd (RECPDCL) on November 19, 2024. This project, valued at Rs 250 billion, is the largest interstate...
The Reserve Bank of India (RBI) has announced the issuance of Rs 200 billion in sovereign green bonds across four equal tranches during the second half of fiscal year 2024-25. These bonds will fund projects in renewable energy, clean transportation...
Saatvik Green Energy Private Limited has secured a supply order from Maharashtra State Electricity Distribution Company Limited (MSEDCL) to provide solar-powered submersible pumps at 250 locations across Maharashtra. The pumps, ranging from 3...
The Central Electricity Regulatory Commission (CERC) has issued the draft CERC (Terms and Conditions for Purchase and Sale of Carbon Credit Certificates) Regulations, 2024. The regulations aim to establish a structured framework for trading carbon...
Omega Seiki Mobility (OSM) plans to roll out hydrogen-powered three-wheelers in India by the end of this financial year. The company is collaborating with state governments to initiate pilot projects, involving 50 to 100 vehicles, with plans for...
ACME Sun Power, a subsidiary of ACME Solar Holdings, has secured a Rs 37.53 billion term loan from REC Limited to develop a 320 MW firm and dispatchable renewable energy (FDRE) project in collaboration with SJVN. The project aims to provide...
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, 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...
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 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...
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...
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...
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 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 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, 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, 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)...
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Lumax Greenfuel (Greenfuel Energy Solutions Pvt. Ltd.) has established itself as a prominent player...
Waaree Solar Americas, a subsidiary of Waaree Energies Limited, has secured an order for the supply...
Indosolar Limited, a subsidiary of Waaree Energies Limited, reported revenue from operations of Rs...
Indian Energy Exchange Limited (IEX) reported a consolidated profit after tax (PAT) of Rs 134.8...
NTPC Green Energy Limited (NGEL) has declared the commercial operation of 64.76 MW, the first part...
Adani Green Energy Limited (AGEL) reported a profit of Rs 983 crore for the quarter ended June 30...
The National Bank for Agriculture and Rural Development (NABARD) and Mahatma Phule Renewable Energy...
The Bihar State Power Generation Company Limited (BSPGCL) has invited Expressions of Interest (EOIs)...
Kalpataru Projects International Limited (KPIL) has completed the charging and energisation of the...
Shri Rajesh Pandey, IAS, assumed charge as the 51st Chairman of Damodar Valley Corporation (DVC) on...