ADB approves $200 million loan to modernise power distribution system in Nepal
The Asian Development Bank (ADB) has approved a concessional $200 million loan to improve the power supply […]
June 2020
ADB approves $200 million loan to modernise power distribution system in Nepal
NCL plans to invest Rs 70 billion in capacity building and evacuation infrastructure
Northern Coalfields Limited (NCL), Coal India Limited’s wholly owned subsidiary, is reportedly planning to invest Rs 70 […]
MNRE issues guidelines for procuring power from 2.5 GW ISTS solar-wind projects
The Ministry of New and Renewable Energy (MNRE) has released guidelines for tariff-based competitive bidding mechanism for […]
NTPC announces FY2019-20 financial results
NTPC Limited has recorded a consolidated total income of Rs 1,123.72 billion for the year ended March […]
India and Bhutan sign agreement for first JV hydro project
The Indian and Bhutanese governments have signed a concession agreement for the development of 600 MW Kholongchhu […]
Brazil’s Electricity Regulatory Agency approves emergency assistance of $3 billion for power companies
Brazil’s Electricity Regulatory Agency, Aneel, has approved a loan package of BRL 16 billion ($3.10 billion) for […]
SWSS secures USD 99 million solar project in US
Sterling and Wilson Solar Solutions Inc. (SWSS), the US subsidiary of Sterling and Wilson Solar Limited (a […]
IOCL launches battery swapping facility for quick recharge of EVs
Indian Oil Corporation Limited (IOCL) has unveiled an electric vehicle (EV) battery swapping system at its fuel […]
Maharashtra becomes first state to get loans for discoms under AtmaNirbhar package
REC has disbursed Rs 25 billion to Maharashtra State Electricity Distribution Company Limited (MSEDCL) under the central […]
Sterlite Power acquires VNLTL from PFC Consulting
Sterlite Power has acquired Vapi II North Lakhimpur Transmission Limited (VNLTL), a special purpose vehicle (SPV), from […]
Adani Transmission acquires Kharghar Vikhroli transmission project
Adani Transmission Limited has completed the acquisition of the special purpose vehicle for the implementation of Kharghar-Vikhroli […]
Cleantech Solar secures US$75 million loan
Singapore-based Cleantech Solar has received a US$75 million loan from Dutch bank ING Groep NV to fund […]
CIL’s exploration arm adds 7.8 bt to proven coal reserves
Central Mine Planning and Design Institute Limited, the exploration arm of Coal India Limited, added 7.8 billion […]
NTPC reports incremental Rs 240.56 billion borrowings for the year FY20
NTPC Limited’s incremental borrowing stood at Rs 240.56 billion during 2019-20, while its total borrowing stood at […]
Avaada Energy to set up 350 MW solar plant in Maharashtra
Avaada Energy plans to set up a 350 MW solar plant in Maharashtra. The project has been […]
PFC sanctioned over Rs 1,000 billion loans in FY20
Power Finance Corporation (PFC) sanctioned loans over Rs 1,000 billion for power projects during 2019-20 despite the […]
Punjab, Rajasthan, Andhra Pradesh discoms seek Rs 146.64 billion loans under liquidity package
Punjab, Rajasthan and Andhra Pradesh have cumulatively sought Rs 146.64 billion from Power Finance Corporation Limited (PFC) […]
World Bank approves $750 million loan for Nigeria’s power sector
The World Bank has approved a $750 million loan for Nigeria’s power sector. The World Bank has […]
Coal India’s power sector dues crosses Rs 180 billion
The outstanding payments owed to Coal India Limited (CIL) by power utilities, reportedly, increased by Rs 42.50 […]
CERC notifies RE Tariff Regulations, 2020
The Central Electricity Regulatory Commission (CERC) has notified the Terms and Conditions of Tariff Determination from Renewable […]