The power procurement strategies of distribution utilities are undergoing a structural change as they increasingly encounter challenges with long-term power purchase agreements (PPAs). For a long time, discoms have relied on multi-decade-long PPAs, with a […]
Greece will spend 5 billion euros ($5.9 billion) to offset the impact of ditching coal in power generation by 2028 and cutting carbon emissions in line with European Union climate targets by 2050. The funds […]
Malaysia’s state-run oil and gas company Petroliam Nasional Bhd (Petronas) has acquired about 100 MW solar assets owned by Acme Solar. Petronas has acquired the assets through its Indian unit- Amplus Energy Solutions. The assets […]
Western Coalfields Limited (WCL) has prepared a roadmap to almost double its coal despatch capacity through the rail mode. WCL has set ‘Mission 100 Days’ agenda to streamline activities to reach peak despatch of 50 […]
Land acquisition to construct a transmission line for the upcoming Arun-III hydro project being executed by SJVN Limited, has been initiated from Dhanusha. The District Administration Office (DAO) has already started the process to procure […]
According to Energy Efficiency Service Limited (EESL), the electric vehicles (EVs) deployed by the company have helped reduce air pollution and mitigate 5,604 tonne of CO2 emissions. … EESL has already deployed 1,514 electric vehicles […]
Power Grid Corporation of India Limited (Powergrid) has commissioned Pole-1 of the Raigarh-Pugalur HVDC transmission system, that comprises the 800 kV Raigarh HVDC terminal station (Chhattisgarh) and Pugalur HVDC Terminal Station (Tamil Nadu) along with […]
In a move aimed at introducing a corporate culture in discoms, the Ministry of Power (MoP) has issued the drat Electricity (Rights of Consumers) Rules, 2020, specifying the standards of performance for distribution licensees. As […]
The Covid-19 outbreak has had a far-reaching impact on the power sector. Equipment manufacturers were among the worst hit as pandemic-induced lockdowns disrupted the supply of critical raw materials and components, and social distancing guidelines […]
The demand for green energy continues to grow in India as well as globally, as countries focus on mitigating climate change. The coronavirus pandemic is further driving countries to look at sustainable ways of meeting […]
Poland plans to phase out coal faster than it had initially planned and now expects the share of coal in its power production to reduce to 11 per cent-28 per cent in 2040 from almost […]
The Central Mechanical Engineering Research Institute (CMERI), Durgapur, and the National Institute of Solar Energy (NISE), Gurgaon, have signed an MoU to conduct joint field studies for different solar technologies, skill development of stakeholders. The […]
National Aluminium Company Limited (Nalco) is in the process of increasing its wind power generation capacity to 223.90 MW by adding a 25.5 MW project in Tamil Nadu at a capital expenditure of Rs 1,630 […]
Power Finance Corporation (PFC) is likely to increase foreign currency borrowing going ahead. In the last financial year, PFC raised about USD 3 billion from international markets. Now, the share of foreign currency borrowings in […]
The International Solar Alliance (ISA) has signed an MoU with the Ministry of New and Renewable Energy (MNRE) and the World Bank to design a plan for implementing ‘One Solar One World and One Grid’ […]
The Covid-19 pandemic has further delayed the commissioning of the first unit of NTPC’s North Karanpura Super Thermal Power Plant (NKSTPP) coming up in Tandwa worth Rs 143 billion. The first unit, with a capacity […]
At the inaugural address at the World Solar Technology Summit organised by the International Solar Alliance (ISA), the Prime Minister has stated that India will increase its existing clean energy capacity of 134 GW to […]
The Cabinet Committee on Economic Affairs has allowed Power Grid Corporation of India Limited (Powergrid) to undertake monetisation of its tariff based competitive bidding (TBCB) assets, including those which are either under construction or shall […]
Financiers are optimistic about the power sector’s long-term growth story. However, distribution reforms must be taken up on priority to instill investor confidence in the sector. Leading financiers share their perspective on the current state […]
The UK’s Office for Nuclear Regulation (ONR) had issued an improvement notice to EDF unit EDF Energy Nuclear Generation Limited over safety procedures at the Heysham 2 nuclear power station in Lancashire. Some of the […]
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