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India and UK launch second phase of ASPIRE programme for clean energy

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India and the UK have launched the second phase of the Accelerating Smart Power and Renewable Energy in India (ASPIRE) programme during the Fourth India-UK Energy Dialogue in New Delhi. The initiative aims to enhance technical collaboration for round-the-clock power supply, expand renewable energy adoption, and accelerate industrial energy efficiency and decarbonisation. It will be implemented in partnership with India’s Ministry of Power and Ministry of New and Renewable Energy. A UK-India offshore wind taskforce…

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ADB approves $200m loan for Pakistan’s power distribution

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The Asian Development Bank (ADB) has sanctioned a $200 million loan to modernise Pakistan’s power distribution infrastructure. The initiative targets reducing energy losses, strengthening infrastructure resilience against climate change, and accommodating the country’s rising electricity demand. The project will initially support the Lahore Electric Supply Company (LESCO), the Multan Electric Power Company (MEPCO), and the Sukkur Electric Power Company (SEPCO).  Key measures include installing 332,000 advanced metering systems, 15,800 transformer monitoring systems, and upgrading grid…

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Serbia’s 2025 budget allocates EUR 1 billion for green projects

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Serbia’s 2025 Budget Law introduces its first Green Budget annex, allocating EUR 1 billion to 64 projects aimed at environmental protection and energy efficiency.  The budget earmarks EUR 528.4 million for railway projects, including the Hungarian-Serbian railway and Belgrade’s urban subway system, designed to reduce CO2 emissions and enhance energy efficiency. In addition to transportation, the Green Budget focuses on renewable energy projects, including the development of sustainable waste and water management systems, flood protection,…

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FICCI and MAHAPREIT collaborate for renewable energy in Maharashtra

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The Federation of Indian Chambers of Commerce and Industry (FICCI) has signed a memorandum of understanding with Mahatma Phule Renewable Energy and Infrastructure Technology Limited (MAHAPREIT) to promote renewable energy, decarbonisation, energy efficiency, and environmental compliance in Maharashtra. The partnership focuses on facilitating renewable energy projects, aiding industries in adopting decarbonisation practices, and implementing energy efficiency measures across large-scale industries and MSMEs.  Additionally, it aims to aggregate demand across sectors to make sustainability solutions more…

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Schneider Electric unveils Galaxy VXL UPS

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Schneider Electric has launched the Galaxy VXL uninterruptible power supply (UPS), claiming it to be the industry’s most compact, high-density UPS designed for AI, data centers, and large-scale electrical workloads.  The Galaxy VXL offers 52% space savings compared to the industry average, delivering up to 1.25 MW of modular power with a power density of 1042 kW/m² in a smaller footprint. Additionally, Schneider Electric introduced a new data center reference design co-developed with NVIDIA. This…

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Uttar Pradesh leads RDSS project funding among states

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An analysis based on a Lok Sabha reply has revealed that Uttar Pradesh, Maharashtra, and Tamil Nadu are the top three states with the highest project cost sanctioned under the Revamped Distribution Sector Scheme (RDSS).  Uttar Pradesh leads with Rs 405.68 billion worth of projects sanctioned, followed by Maharashtra with Rs 324.24 billion and Tamil Nadu with Rs 288.03 billion. The top ten states collectively account for nearly 80% of the Rs 2,771.36 billion total…

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Sterling Tools partners with Meishuo Electric for latching relays production

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Sterling Tools has formed a partnership with Zhejiang Meishuo Electric Technology to manufacture latching relays in India, aiming for Rs 2 billion in revenue by FY2030.  A new facility will be established in Bengaluru with an initial investment of Rs 200 million, spearheaded by its subsidiary, Sterling Tech-Mobility. The collaboration focuses on producing advanced latching relays for power transmission, smart metering systems, and consumer appliances.  These energy-efficient electromechanical switches consume power only when changing states,…

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India to establish first 800-MW AUSC thermal power plant in Korba

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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 support from the Indira Gandhi Centre for Atomic Research. In July 2024, Finance Minister Nirmala Sitharaman announced the joint effort by NTPC and BHEL to develop this innovative thermal power plant. The technology, indigenously developed through joint research and development, will be deployed in a full-scale 800 MW commercial plant,…

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Global energy efficiency improvements lag behind COP28 targets: IEA

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One year after the COP28 pledge to double global energy efficiency by 2030, a report from the International Energy Agency (IEA) reveals that countries are falling short of this goal.  The IEA’s Energy Efficiency 2024 report shows that global primary energy intensity—a core energy efficiency metric—is set to improve by around 1% in 2024, the same rate as in 2023, far below the 4% target needed by 2030. At COP28, nearly 200 countries committed to…

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Singapore’s Punggol Digital District to feature first district-level smart grid

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JTC Corporation has appointed Univers and PacificLight Power to develop Singapore’s first district-level smart grid in the Punggol Digital District.  The project aims to enhance energy efficiency and integrate renewable energy sources by installing a smart grid powered by a battery energy storage system and solar panels.  Once operational, the system is expected to generate over 3,000 MWh of clean energy annually.  Scheduled for completion in 2026, the grid will optimize energy management across the…