The Australian Renewable Energy Agency (ARENA) would receive AUD 1.62 billion (USD 1.18 billion/EUR 997 million) in funding from the Australian government. The funding package will include guaranteed baseline funding of AUD 1.43 billion over […]
The West Bengal’s power demand that had dipped by 22 per cent during the lockdown has revived to the pre-Covid level, a key indicator that the state’s economic activity is getting back on track. According […]
The Jharkhand State Electricity Regulatory Commission (JSERC) has ordered a waiver of monthly fixed charges for all industrial and commercial consumers for the months of April, May and June this year, along with a moratorium […]
The Union government will release Rs 33 billion to AP power sector under Atma Nirbhar. The Centre has assured 30 per cent subsidy on 10,000 MW solar project for farmer’s free power. Further, the AP […]
Power Finance Corporation (PFC) expects additional funding requirement in a range between Rs 300 billion and Rs 350 billion to meet the obligation for enhanced funding for power distribution companies in near future. The government […]
Power generation recorded a compound annual growth rate of 4.96 per cent to reach 1,244 BUs in 2019-20 from 805 BUs in 2010-11. Thermal generation accounted for 84 per cent of the total in 2019-20, while […]
NHPC Limited, the country’s largest hydropower generation company, with a portfolio of 7 GW, is expected to double its installed capacity over the next five years. In a recent interview with Power Line, Abhay Kumar […]
State-owned Egyptian Electricity Transmission Company (EETC) has issued a local limited tender for assessing the environmental and social impacts of a 335-km long, 500 kV overhead line between the Badr and Sakakin transformer stations. The […]
Australia plans to invest A$18 billion ($13 billion) over the next 10 years in technologies to cut carbon emissions in the fight against climate change. The technology investment roadmap is the latest attempt by Australia, […]
Larsen & Toubro, has announced 100 per cent completion and readiness for commissioning of the 99 MW Singoli–Bhatwari hydroelectric Power Plant. The run-of-the-river plant will generate over 400 MUs units of renewable energy per annum…. […]
Hitachi ABB Power Grids has launched the TXpert Ecosystem for digitalization of transformers. The ecosystem is designed to drive data-driven intelligence and decision making in the operations and maintenance of transformers and power grids. It […]
According to the apex ports’ body Indian Ports Association (IPA), both thermal and coking coal imports at India’s 12 major ports dipped 27.93 per cent to 45.77 million tonnes (mt) in April-August 2020 over the […]
The Uttar Pradesh energy department has set the target of increasing its power generation capacity by four times from the existing 3,200 MW to 12,734 MW by 2022. According to state power minister, UP would […]
The Maharashtra Electricity Regulatory Commission (MERC) has notified the MERC (State Grid Code) Regulations, 2020. These regulations aim to lay down the rules, guidelines and standards to be followed by state entities and users of […]
The national plant load factor (PLF) of thermal power stations registered a marginal decline from 60.3 per cent in 2018-19 to 55.99 per cent in 2019-20. The total installed power generation capacity stood at over […]
India’s largest power transmission company, Power Grid Corporation of India Limited (Powergrid), which has witnessed phenomenal growth in recent years, posted a steady operational and financial performance last year despite the Covid-induced challenges. In an interview […]
Spain’s Iberdrola has bought Japan-based renewables developer Acacia and signed a joint venture deal with Macquarie’s Green Investment Group to develop an offshore wind farm portfolio. Iberdrola and its new partner will develop offshore wind […]
The Norwegian and Swedish energy ministers signed off on an amendment to their joint green power support scheme, which effectively closes down the system at the end of 2035, 10 years earlier than planned. The […]
Japan’s Orix Corporation will invest about $980 million in Greenko Energy Holdings. Orix will acquire a stake of over 20 per cent in Greenko within this year. The deal will also add 873 MW of […]
The union power ministry has inaugurated 74 projects developed by Power Finance Corporation (PFC) and 14 projects of REC Limited as part of their corporate social responsibility (CSR). PFC’s projects include roads, chhath ghats, LED, […]
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