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Home2020August

Month: August 2020

No Picture
State Sector

MERC approves tariff of Rs 2.59 per unit for a hybrid project

August 21, 2020

The Maharashtra Electricity Regulatory Commission (MERC) has granted approval to Tata Power Company Limited –Distribution for procurement of 225 MW power on long-term basis from grid connected wind-solar hybrid power project at a tariff of […]

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International News

GE signs power agreements worth over $1.2 billion with Iraq

August 20, 2020

General Electric Company had signed two new agreements valued at over $1.2 billion with the Iraqi Ministry of Electricity. The agreement signed is to undertake maintenance programs across key power plants in the country and […]

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International News

Siemens Energy launches its first MW green hydrogen production project in China

August 20, 2020

Siemens Energy and Beijing Green Hydrogen Technology Development Company Limited, a subsidiary of China Power International Development Limited (China Power), signed an agreement on providing a hydrogen production system for a hydrogen fueling station. Located […]

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Private Sector

ANDRITZ to supply electro-mechanical equipment for Kutehr hydropower plant

August 20, 2020

ANDRITZ has received a contract from JSW Energy (Kutehr) Limited to supply the electro-mechanical equipment for the 240 MW Kutehr hydroelectric plant located on the river Ravi in the Chamba district of Himachal Pradesh.. . […]

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Private Sector

L&T Finance exits CG Power and Industrial Solutions

August 20, 2020

L&T Finance Limited has divested its entire equity stake of 9.99 per cent worth 62.6 billion in CG Power and Industrial Solutions through open market transactions. There is no change in the equity share capital of the CG Power and […]

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Private Sector

IEX receives CERC approval to launch the green term ahead market

August 20, 2020

The Indian Energy Exchange (IEX) has received approval from the Central Electricity Regulatory Commission (CERC), vide order dated August 17, 2020 to launch the green term-ahead market (G-TAM) on its platform. The market will offer […]

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Central Sector

NTPC and L&T Hydrocarbon sign MoU for CO2 to methanol plants

August 20, 2020

L&T Hydrocarbon Engineering (LTHE) has signed a memorandum of understanding (MoU) with NTPC Limited, wherein LTHE shall be the engineering, procurement and construction management partner to build a CO2-to-methanol demonstration plant in NTPC power station. […]

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Reforms and Regulations

CCEA relaxes norms for discom loans under liquidity infusion scheme

August 20, 2020

The Cabinet Committee on Economic Affairs (CCEA) has approved a one-time relaxation to Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) for extending loans to discoms above limits of working capital cap of 25 […]

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International News

China Three Gorges enters Spanish energy market to buy solar plants

August 19, 2020

China’s state-owned energy and infrastructure giant China Three Gorges (CTG) has agreed to buy 13 Spanish solar plants built by Madrid-based renewables firm X-Elio, marking its entry into the Spanish energy sector. The expansion into […]

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International News

Barakh nuclear power plant connects to UAE’s grid

August 19, 2020

Unit 1 of the Barakah Nuclear Energy Plant in Al Dhafrah Region of Abu Dhabi has been successfully connected to the UAE’s national electricity transmission grid. The four units of the plant will meet up […]

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State Sector

PSPCL conducts mass raids to detect electricity theft

August 19, 2020

Punjab State Pradesh Corporation Limited (PSPCL) conducted mass raids and imposed a fine of Rs 6.6 million on people indulged in electricity thefts. . PSPCL informed that as many as 200 electricity connections out of […]

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Central Sector

Coal ministry asks Talcher Fertilizers to expedite coal gasification project

August 19, 2020

The coal ministry reviewed the progress made in operational activities of Talcher Fertilizers Limited and asked it to expedite the coal gasification project. Talcher Fertilizers Limited is a joint venture between GAIL India Limited, Coal […]

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State Sector

WBPDCL to set up e-vehicle charging stations

August 19, 2020

West Bengal Power Distribution Company Limited (WBPDCL) is planning to set up e-vehicle charging points at strategic locations in the state and introduce a large number of e-vehicles in its fleet to reduce dependency on […]

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Central Sector

NTPC to bring down cost of coal at Kudgi with newly constructed bridge

August 19, 2020

NTPC Limited would be able to reduce the transportation cost of coal for the NTPC Kudgi Super thermal power station in Karnataka, to around Rs 200-500 per metric tonnes (mt) thereby bringing down the cost […]

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Central Sector

Power ministry asks industry to launch phased manufacturing programme to replace imports

August 19, 2020

The power ministry has asked domestic equipment manufacturers to launch a phased manufacturing programme to replace items being imported, especially from China, and assured them of 100 per cent preference to Made in India equipment […]

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Company Release

REC records its highest ever quarterly profit at Rs 18.39 billion

August 19, 2020

The board of directors of REC Limited (formerly Rural Electrification Corporation Limited) have approved the unaudited standalone and consolidated financial results for Q1 FY21. During the current quarter, the company has clocked its all-time highest quarterly […]

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International News

Nepal’s NEA invites bids under Electricity Grid Modernisation Project

August 18, 2020

Nepal’s state-owned power company, Nepal Electricity Authority (NEA), has invited international competitive bids for various works under the Asian Development Bank (ADB)-funded Electricity Grid Modernisation Project The scope of work under the first contract entails […]

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Private Sector

RattanIndia Infrastructure Limited board makes recommendations for exploring new business avenues

August 18, 2020

RattanIndia Infrastructure Limited, part of the RattanIndia group, a business conglomerate with interests in power generation and finance, has notified the exchanges regarding the recommendation of their committee to enter and explore new business avenues […]

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Private Sector

Siemens Gamesa bags order to supply turbines for AGEL’s Rajasthan project

August 18, 2020

Siemens Gamesa has received an order from Adani Green Energy Limited for the latter’s Fatehgarh project in Rajasthan to install 215, SG 2.2-122 wind turbines, totaling 473 MW, to be manufactured at its facilities in […]

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State Sector

Tantransco to complete Virudhunagar–Coimbatore line under CKIC by 2022

August 18, 2020

Tamil Nadu Transmission Corporation Limited (TANTRANSCO) is expected to complete the 765 kV Virudhunagar–Coimbatore transmission line, under the larger Chennai–Kanyakumari Industrial Corridor (CKIC) Power Sector Investment Project by 2022. The power line will transfer 9,000 […]

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