Voltamp Transformers Limited has received a Letter of Intent (LoI) valued at Rs 2,633.3 million from Gujarat Energy Transmission Corporation Limited (GETCO) for the design, manufacturing, testing, and supply of various ratings of power transformers.Â
The project, awarded on November 5, 2024, is expected to be completed within 12 months.
The Ministry of Power (MoP) has issued a draft notification proposing a mandatory star rating framework for large office, commercial and residential buildings under the Energy Conservation and Sustainable Building Code (ECSBC). The proposal, issued under Section 14(a) read with Section 14(p) of the Energy Conservation Act, 2001, would make energy performance ratings compulsory for…
NHPC Limited has reported a net profit of Rs 10.69 billion for the quarter ending September 2024, marking a 36.86% decline from Rs 16.93 billion in the same quarter the previous year. However, the company’s total income rose by 9.25% to Rs 34.02 billion during this quarter, compared to Rs 31.14 billion in the corresponding…
The planned Sizewell C nuclear power station in Suffolk, UK, is expected to cost nearly £40bn ($48.7bn), double the initial £20bn estimate due to rising construction costs and delays at the Hinkley Point C site, according to the Financial Times. This price increase raises concerns about the UK government’s nuclear revival strategy amid public finance…
India’s first fully indigenous geothermal power project will be developed in Tawang, Arunachal Pradesh, as reported by Moneycontrol. The 50-kilowatt plant will operate at a relatively low temperature of 68 degrees Celsius, making it a technological first for the Himalayan region. The project is a collaboration between the Centre for Earth Sciences and Himalayan Studies…
Borosil Renewables, a leading solar glass manufacturer in India, has called on the government to impose an anti-dumping duty on Chinese solar glass imports to safeguard domestic producers. Shreevar Kheruka, Vice Chairman of Borosil Renewables, alleged that Chinese companies are exporting solar glass to India at prices significantly below their production costs, harming Indian manufacturers….
Solar Landscape, a US-based commercial and community solar developer, has raised $847 million in project investment and financing in 2024. This funding will support the deployment of over 200 rooftop solar installations across the country. Additionally, the company has secured contracts for developing solar projects on 40 million square feet of commercial and industrial rooftop…