Reportedly, Indian government has asked at least eight state-run companies to consider share buybacks in the current fiscal year that runs through March 2021. The eight companies that have been asked to consider share buy […]
The ministry of new and renewable energy (MNRE) has proposed a framework for promoting application of distributed renewable energy (DRE) in rural areas. With this, the ministry plans to enable a market-oriented framework to attract […]
The US Department of Energy (DOE) has approved $1.35 billion over 10 years for the building of the first US small-scale nuclear power project, giving a boost to a project struggling with cost overruns and […]
Suzlon Group has announced the appointment of Ashwani Kumar as its Group CEO. Kumar has over three decades of experience in the areas of projects, business development and finance at leading Indian power and infrastructure […]
Vedanta and a Hyderabad-based investment company have bid for Lanco Amarkantak Power, which went into bankruptcy last year. Bidders are said to have made offers raging from Rs 20 billion to Rs 30 billion each […]
Coal India Limited’s (CIL) subsidiary South Eastern Coalfields Limited (SECL) is executing eight ‘first mile connectivity’ projects with an estimated capital outlay of Rs 31 billion to evacuate dry fuel, especially incremental production under the […]
Adani Transmission Limited (ATL) plans to reportedly execute the transmission line and substation project at Vikhroli which will enhance the power supply by 1,000 MW, by the end of December 2022, as per the mandated […]
REC and Power Finance Corporation (PFC) have sanctioned Rs 1,080 billion of loans under the liquidity package for stressed power distribution utilities. In addition, REC has sanctioned Rs 27.90 billion loan to Jammu Kashmir Power […]
According to the French power company, EDF aims to unveil a new, cheaper-to-build version of its EPR nuclear reactor by mid-2021. . EDF has faced costly delays in the construction of some plants, including its […]
Sumitomo SHI FW (SFW) licensee Isgec Heavy Industries, Limited (Isgec) has secured its first order for a semi-dry FGD (circulating fluidized bed scrubbers) system in India from Hindalco Industries Limited. The project was won through […]
Sterling and Wilson Private Limited (SWPL) has announced that its hybrid and energy storage division (HES), in consortium partnership with French EPC company Vergnet and SNS Niger, has signed an EPC contract to construct a […]
Adani Green has transferred 205 MW operating solar assets to its joint venture (JV) with French energy major Total at an enterprise valuation of Rs 16.32 billion. Adani Green and Total had formed a 50:50 […]
According to Jammu & Kashmir government, the presently power starved union territory of Jammu & Kashmir would be power surplus in the coming four years. Reportedly, modalities have been finalised for the upcoming 850 MW […]
The union ministry of power (MoP) has approved the request of the Andhra Pradesh government to surrender 125 MW of coal-based power allocated to AP discoms from NTPC Limited. The power was allocated to AP […]
Japan has launched its latest three-yearly energy policy review, with the country grappling with a need to cut greenhouse gas emissions even as the public remains wary over nuclear power following the Fukushima disaster. In […]
According to the International Energy Agency, India will become the largest market for utility-scale battery storage by 2040 as renewables show immunity to the COVID-19 pandemic to emerge as a cost-effective choice and will push […]
GE Renewable Energy has announced its selection by SB Energy (SoftBank Group) to supply, install and commission 121 sets of its 2.7-132 onshore wind turbines, cumulating 327 MW, to be installed at Pritam Nagar wind […]
CLP India Private’s wind energy arm, CLP Wind Farms (India) Private, has raised Rs 2.96 billion through green bonds. CLP Group’s India subsidiary aims to use the proceeds to refinance loans used for projects in […]
Odisha Power Transmission Corporation Limited (OPTCL) has recently commissioned a 220/132/ 33 kV grid substation at Baner in Kalahandi district. In addition, two 33 kV feeder lines from the grid to the Badkutru and Ladugaon […]
Delhi government has written to the centre requesting to shut all 11 thermal power plants operating in Uttar Pradesh, Haryana and Punjab in view of the deteriorating air quality in the capital. The Delhi government […]
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