Electricity tariff for Singapore households will increase by about 9.3 per cent from the previous quarter for the October to December period. … Excluding goods and services tax (GST), the tariff will increase from 19.6 […]
India Grid trust’s (IndiGrid) unitholders have approved the induction of private equity firm Esoteric II Pte, an affiliate of KKR & Co, as a sponsor with a special majority of more than 75 per cent. […]
Gujarat Urja Vikas Nigam Limited (GUVNL) has floated a tender for the purchase of 500MW of solar power through competitive bidding. .. The solar power will be procured from grid-connected solar photovoltaic power projects to […]
Power Finance Corporation (PFC) has set a revenue target of Rs 360 billion for the current financial year. PFC has signed a performance-based memorandum of understanding (MoU) with the Ministry of Power, detailing various targets […]
The coal ministry has received 78 valid bids for 21 of the 38 coal mines offered in the first auction of blocks for commercial mining at the close of the deadline on September 29, 2020. […]
NHPC Limited is targeting a revenue of Rs 89 billion and electricity generation of 27,500 million units (MUs) in 2020-21 under an agreement with the government. The NHPC Limited has signed a memorandum of understanding […]
ERDA has announced the expansion of its switchgear temperature rise facility to serve customers more expeditiously. The rise of Atmanirbhar Bharat has encouraged Indian manufacturers for Made in India production. This has further led to […]
According to the Vietnam government, the country will need to invest up to $133.3 billion in new power plants and transmission networks over the next decade to meet it’s rising demand. … Of the total, […]
Coal India Limited (CIL) has floated a global tender for setting up the country’s first coal to methanol plant in West Bengal at an investment of Rs 60 billion. … CIL is in talks with […]
Tamil Nadu Generation and Distribution Corporation has commissioned a 20 MW hydropower project at a cost of Rs 3.38 billion near Puliyancholi, Trichy. A total of five weirs will be built across water stream to […]
The Uttar Pradesh government has ordered serving of showcause notices to Madhyanchal and Paschimanchal discoms over poor consumer service, failure to curb line losses and not providing power as per schedule The state government has […]
Kalpataru Power Transmission Limited (KPTL) and its joint venture partner have completed 74 per cent equity stake sale in Jhajjar KT Transco Private Limited (JKTPL) to IndiGrid. KPTL has completed the sale of about 37.78 […]
The government will open bids received for commercial coal mining blocks on September 30, 2020 as the Supreme Court refused to grant a stay on the auctions According to the coal ministry, the present tranche […]
China’s Longi Solar will supply TBEA SunOasis Co with 360 MW of its solar modules for the developer’s production base at Shihezi City in China’s Xinjiang Uyghur autonomous region. The order includes 103 MW of […]
Deutsche Bank (China) has provided a $43 million account receivable purchase facility to China National Technical Import & Export Corporation (CNTIC) for the construction of a gas-fired power generation project in Myanmar Backed by China […]
NTPC has invited bids for the procurement of biomass pellets which would be used to co-fire its thermal plants. … The pellets made out of stubble and husk would be utilised at its 17 thermal […]
India has offered a line of credit (LoC) worth $100 million to Sri Lanka for three solar projects in the country. The LoC will cover financing for rooftop solar systems meant for 20,000 households and […]
JSW Energy’s solar power subsidiary has bagged 810 MW blended wind energy projects under an auction conducted by state-owned Solar Energy Corporation of India (SECI). SECI) had conducted an auction for setting up 2,500 MW […]
The Bureau of Energy Efficiency (BEE) has come forward to channelise bank finance to the energy efficiency projects in various states under Partial Risk Guarantee Fund for Energy Efficiency (PRGFEE) scheme. BEE has allotted around […]
NTPC has got shareholders’ approval to raise up to Rs 150 billion through issuance of bonds. As per the company’s notice for the annual general meeting (AGM), the funds are proposed to be raised on […]
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