grid reforms

India | Finance | News

HPSEBL reports Rs 300 crore profit in April to December 2025
By January 14, 2026January 14, 2026

Himachal Pradesh State Electricity Board Limited (HPSEBL) has reported a profit of Rs 300 crore for the period ending December 31, 2025. This marks a sharp rise from the Rs 206 crore recorded in the corresponding period of the previous financial year. Chief Minister Sukhvinder Singh Sukhu attributed the improvement to a series of reforms and policy measures implemented by the state government. According to the Chief Minister, the increase in profitability reflects systemic changes…

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Global | News

Ofgem urges faster grid connections for renewables in UK
By November 12, 2024November 12, 2024

The UK’s Office of Gas and Electricity Markets (Ofgem) has called on network operators to expedite the connection of renewables, clean power, and storage projects to the grid. In response to a backlog of 722 GW of projects awaiting connection, Ofgem has set forth proposals to streamline the process, prioritising projects ready to operate within five years to help meet the UK’s 2030 energy goals. Ofgem’s reform plan focuses on optimal project placement and voltage…

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Global | News

World Bank approves USD 250 million for renewable energy in Lebanon
By October 17, 2024October 17, 2024

The World Bank’s Board of Executive Directors has approved a USD 250 million project to expand renewable energy sources (RES) in Lebanon and support ongoing electricity grid reforms. The initiative will strengthen Lebanon’s state-owned Electricité du Liban (EDL) operational and commercial systems, increase grid-connected RES supply, and reinforce the national power network. Key components include developing a grid-connected solar photovoltaic (PV) plant, rehabilitating the Litani River Authority (LRA) hydropower plant, and upgrading the EDL transmission…

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