Author: Power Peak Digest Team Pub Date: November 12, 2024 Power Finance Corporation Limited (PFC) reported a net profit of Rs 72.15 billion for the quarter ending September 2024, an 8.86 per cent increase from Rs 66.28 billion in the same quarter...

Author: Power Peak Digest Team Pub Date: November 12, 2024 Saatvik Solar has entered into a contract with G2H Solar to supply 200 MW of high-efficiency solar photovoltaic (PV) modules for projects across India. The modules, featuring advanced mono...

Author: Power Peak Digest Team Pub Date: November 12, 2024 Adani Energy Solutions Limited (AESL) has acquired Progressive Grid Networks Limited (PGNL) in Kenya to explore power transmission opportunities across East Africa.  PGNL’s initial...

Author: Power Peak Digest Team Pub Date: November 12, 2024 Inox Wind Limited (IWL) has secured an 87 MW order from Continuum Green Energy for its 3 MW Wind Turbine Generators (WTGs). This repeat order will be executed on turnkey basis, with IWL...

Author: Power Peak Digest Team Pub Date: November 12, 2024 Power Grid Corporation of India Ltd (PGCIL) has issued a consultancy tender for the interconnection of Andaman & Nicobar Islands (ANI) with India’s mainland grid. The scope of work...

Author: Power Peak Digest Team Pub Date: November 11, 2024 India’s climate policies are on track to reduce carbon dioxide emissions by around four billion tonnes from 2020 to 2030, leading to a 24% drop in coal-based power generation, according to a...

Author: Power Peak Digest Team Pub Date: November 11, 2024 INOX India Ltd (INOXCVA) has secured a major contract with Highview Power for its Liquid Air Energy Storage (LAES) project in Carrington, Manchester. As part of the deal, INOXCVA will deliver...

Author: Power Peak Digest Team Pub Date: November 11, 2024 NTPC has synthesised CO2 captured from flue gas with hydrogen produced from a PEM electrolyser to create methanol at its Vindhyachal plant.  NTPC Chairman Gurdeep Singh, speaking at the...

Author: Power Peak Digest Team Pub Date: November 11, 2024 EKI Energy Services Limited (EKI) has registered Azerbaijan’s first voluntary carbon market project powered by solar energy, marking a significant step toward sustainable energy in the...

Author: Power Peak Digest Team Pub Date: November 11, 2024 India’s transition to renewable energy is encountering significant obstacles, according to a new report by Zero Carbon Analytics, as the country strives to meet its ambitious target of...

Author: Power Peak Digest Team Pub Date: November 11, 2024 The Energy and Resources Institute (TERI) has unveiled a policy brief, Green Hydrogen – Path to Decarbonization, thoroughly analysing India’s green hydrogen initiatives.   India’s targets...

Author: Power Peak Digest Team Pub Date: November 8, 2024 Greenzo Energy, a comprehensive green hydrogen and renewable energy solutions provider, has won an engineering, procurement, and construction (EPC) contract for a 120 MW ground-mounted solar...

Author: Power Peak Digest Team Pub Date: November 8, 2024 Union Minister of Power and Housing & Urban Affairs, Manohar Lal, held a meeting in Shimla to review Himachal Pradesh’s urban development initiatives and power sector advancements.  Chief...

Author: Power Peak Digest Team Pub Date: November 8, 2024 Nomura has projected robust growth for India’s power sector, forecasting a compound annual growth rate (CAGR) of over 7% in electricity demand from FY24 to FY27.  This surge is fueled by...

Author: Power Peak Digest Team Pub Date: November 8, 2024 The Directorate General of Trade Remedies (DGTR) has proposed an anti-dumping duty on imports of textured tempered glass (TTG), commonly used in solar panels, from China and Vietnam.  This...

Author: Power Peak Digest Team Pub Date: November 8, 2024 ACME Solar Holdings and Hexa Climate Solutions have secured contracts for 400 MW and 300 MW firm and dispatchable renewable energy (FDRE) projects, respectively, as part of a 760 MW bid...

Author: Power Peak Digest Team Pub Date: November 8, 2024 The Solar Energy Corporation of India (SECI) has barred Reliance Power (R-Power) and its subsidiaries from participating in its tenders for three years, following the submission of a fake...

Author: Power Peak Digest Team Pub Date: November 8, 2024 Three developers—Power Grid Corporation of India Ltd (PGCIL), Sterlite Power, and Adani Energy Solutions Ltd (AESL)—have pre-qualified to open initial price bids for a key ISTS-TBCB project...

Author: Power Peak Digest Team Pub Date: November 8, 2024 Power Grid Corporation of India Ltd (PGCIL) has finalized the acquisition of two interstate transmission system (ISTS) projects awarded through a tariff-based competitive bidding process. ...

Author: Power Peak Digest Team Pub Date: November 8, 2024 Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL) has issued a tender to establish a 500 MW/1,000 MWh battery energy storage system (BESS) with an additional greenshoe option of 500...