Prime Minister Narendra Modi inaugurated a 4 MW solar project in Ekta Nagar, Gujarat, valued at Rs 232.6 million.
This initiative is part of ongoing efforts to enhance the Statue of Unity area as an international tourist destination while promoting sustainable energy solutions in the region.
Union Minister of Power Shri Manohar Lal reviewed Kerala’s power sector at a meeting in Thiruvananthapuram. Shri Suresh Gopi, Minister of State for MoPNG & Tourism, and Shri K Krishnankutty, Kerala’s Minister for Electricity, attended with officials from the State Government, GoI, and Power Finance Corporation (PFC). Key topics included power demand, supply, capacity additions in renewable, hydro, and nuclear sectors, and the status of the Revamped Distribution Sector Scheme (RDSS). Kerala highlighted concerns over…
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 set to launch an initial public offering (IPO) worth Rs 100 billion, focusing on renewable energy generation, green hydrogen, sustainable fuels, and energy storage. The company aims to add 60 GW of renewable energy capacity by 2032, with solar power accounting for…
Japan Bank for International Cooperation (JBIC) has signed an agreement with Power Finance Corporation Limited (PFC) to finance renewable energy projects in India. Under the agreement, JBIC and PFC will establish a credit line of Rs 66.73 billion (120 billion JPY), with JBIC contributing Rs 40.04 billion (72 billion JPY). This initiative is part of JBIC’s GREEN (Global action for Reconciling Economic growth and Environmental preservation) operations. The funding will support projects that reduce greenhouse…
REPLUS Engitech has signed a Memorandum of Understanding (MoU) with Green Power Monitor (GPM) to deploy advanced AI-enabled Energy Management Systems (EMS) and Power Plant Controllers (PPC) in India and global markets. This collaboration aims to strengthen grid security, stability, and the integration of Battery Energy Storage Systems (BESS) with renewable energy solutions. GPM’s PPC, a sophisticated digital control system, manages active and reactive power, frequency, voltage, power factor, ramp control, and STATCOM controls. It…
Corio Generation, a London-based offshore wind developer backed by Macquarie Group, is planning staff reductions due to rising costs and pressures within the renewable energy sector. Since its founding in 2022, Corio has expanded with major projects in the UK, South Korea, and the US. However, increasing equipment and debt costs have led to project cancellations and workforce cuts across the offshore wind industry. Corio’s staff reductions will affect under 10% of its 270-person workforce,…
Power Grid Corporation of India Ltd (PGCIL) announced that its subsidiary, Powergrid Sikar Transmission Ltd, has received notification for the commercial operation of “Transmission system strengthening scheme for evacuation of power from solar energy zones in Rajasthan (8.1 GW) under Phase-II Part-C.” The project, which was fully commissioned on December 19, 2024, became operational on January 22, 2025. PGCIL, selected as the developer under TBCB, operates the project through Powergrid Sikar Transmission Ltd. The infrastructure…