Author: Power Peak Digest Team Pub Date: November 21, 2024 Satvik Green Energy has reportedly filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise Rs 11.50 billion through an initial public...

Author: Power Peak Digest Team Pub Date: November 21, 2024 The Ministry of New and Renewable Energy (MNRE) has issued specific guidelines for real estate developers and promoters to access Central Financial Assistance (CFA) under the PM Surya Ghar:...

Author: Power Peak Digest Team Pub Date: November 21, 2024 Datta Power Infra has signed a memorandum of understanding (MoU) to invest Rs 50 billion in Rajasthan’s renewable energy sector during the Rising Rajasthan 2024 event. The project will...

Author: Power Peak Digest Team Pub Date: November 21, 2024 India’s first 800-MW advanced ultra-supercritical (AUSC) thermal power plant will be established in Korba, Chhattisgarh. The project is a collaboration between NTPC and BHEL, with...

Author: Power Peak Digest Team Pub Date: November 21, 2024 Tata Power Company Ltd and Druk Green Power Corporation Ltd (DGPC) have entered into a partnership to develop at least 5,000 MW of renewable energy capacity in Bhutan. This collaboration...

Author: Power Peak Digest Team Pub Date: November 21, 2024 The Securities and Exchange Commission (SEC) has charged Gautam Adani and Sagar Adani, senior executives at Adani Green Energy Ltd., and Cyril Cabanes, a former executive of Azure Power...

Author: Power Peak Digest Team Pub Date: November 21, 2024 NTPC Limited is setting up a one-tonne per day seawater-to-green hydrogen plant at its Simhadri facility near Visakhapatnam, Andhra Pradesh. Developed through its R&D centre, NETRA, the...

Author: Power Peak Digest Team Pub Date: November 21, 2024 UltraTech Cement Limited is expanding its use of electric trucks, contracting 100 EV trucks to transport 75,000 tonnes of clinker monthly over a 400-km roundtrip between its Dhar Cement Works...

Author: Power Peak Digest Team Pub Date: November 21, 2024 The Ministry of Environment, Forests, and Climate Change (MoEFCC) has simplified compliance requirements for renewable energy projects. Solar module manufacturing units, solar and wind power...

Author: Power Peak Digest Team Pub Date: November 21, 2024 Odisha Power Generation Corporation (OPGC) has issued a Notice Inviting Tender (NIT) for the engineering, procurement, and construction (EPC) package for the Stage-III expansion of the IB...

Author: Power Peak Digest Team Pub Date: November 21, 2024 Viviana Power Tech Limited has won two contracts: Rs 323.43 million from Madhya Gujarat Vij Company Limited (MGVCL) and Rs 741.29 million from Paschim Gujarat Vij Company Limited (PGVCL) and...

Author: Power Peak Digest Team Pub Date: November 21, 2024 REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, has transferred the special purpose vehicle (SPV), ERES-XXXIX Power Transmission Limited, to...

Author: Power Peak Digest Team Pub Date: November 21, 2024 Damodar Valley Corporation (DVC) has entered into power purchase agreements (PPAs) with Gujarat Urja Vikas Nigam Limited (GUVNL) to supply a total of 559 MW of electricity.  This includes 359...

Author: Power Peak Digest Team Pub Date: November 21, 2024 The Adani Group has announced plans to invest USD 35 billion over the next five years to establish large-scale renewable energy plants across India.  The focus will be on solar, wind, and...

Author: Power Peak Digest Team Pub Date: November 21, 2024 AMPIN Energy Transition has partnered with Copenhagen Infrastructure Partners (CIP) to invest USD 300 million in renewable energy projects across India.  This joint effort aims to establish a...

Author: Power Peak Digest Team Pub Date: November 21, 2024 NTPC has outlined an ambitious plan to invest Rs 5 trillion in green energy by 2030, led by its renewable energy subsidiary, NTPC Green Energy Ltd. (NGEL).  To support its projects, NGEL is...

Author: Power Peak Digest Team Pub Date: November 21, 2024 Torrent Power has unveiled a capital expenditure plan of Rs 1.1 trillion over the next eight years, emphasizing renewable energy and energy storage initiatives.  More than 63% of this...

Author: Power Peak Digest Team Pub Date: November 21, 2024 Sterlite Power has announced the commissioning of three vital components of its interstate transmission system (ISTS) project in Goa, managed by the special purpose vehicle “Goa Tamnar...

Author: Power Peak Digest Team Pub Date: November 21, 2024 Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has established two wholly-owned subsidiaries to act as special purpose vehicles (SPVs) for developing interstate...

Author: Power Peak Digest Team Pub Date: November 21, 2024 The National Power Committee (NPC), in consultation with Regional Power Committees (RPCs), has approved the Uniform Protection Protocol (UPP) for nationwide implementation. This decision was...