Nigeria’s national electricity grid collapsed on Sunday, the Transmission Company of Nigeria (TCN) noted in a statement. The nation’s electricity grid experienced multiple trippings, which led to the collapse of the system. Power has been […]
India Grid Trust has signed an agreement to acquire 74 per cent stake in Parbati Koldam Transmission Company Limited (PKTCL) from Reliance Infrastructure Limited at an enterprise value of Rs 9 billion . PKTCL, incorporated […]
During RE-Invest 2020, the Himachal Pradesh government has requested the central government to ask the Power Grid Corporation of India Limited to prepare an effective plan for power evacuation from Chenab basin and Spiti of […]
Adani Transmission has completed acquisition of 49 per cent stake in Alipurduar Transmission Limited from Kalpataru Power Transmission Limited (KPTL) for an enterprise value of around Rs 13 billion. The share acquisition is pursuant to […]
Tata Power has raised Rs 10 billion through issuance of non-convertible debentures (NCDs). The company raised the amount through issuance of 10,000 unsecured, redeemable, taxable, listed, rated NCDs on private placement basis on November 27, […]
Nine players, including Schneider Electric, Genus Power Infrastructures and HPL Electric and Power, have reportedly participated in the 2.35 million smart electricity meter tender floated by Energy Efficiency Services Limited (EESL). The tender comes in […]
Transmission Corporation of Telangana Limited (TSTRANSCO) and Telangana State Power Generation Corporation Limited (TSGENCO) rolled out the pensioners digital life certificate system (PLCS) for Telangana state power utilities using T App Folio on November 17, […]
According to Indonesian Coal Mining Association (APBI), China will buy $1.467 billion worth of thermal coal from Indonesia next year. The trade deal was signed between APBI and China Coal Transportation and Distribution. With this […]
Revenue losses in the distributed renewable energy (DRE) sector increased between the fourth quarter of the financial year 2019-20 and the first quarter of FY21 due to Covid-19. Despite the impact of Covid-19, 62 per […]
Hitachi ABB Power Grids in India has signed a memorandum of understanding (MoU) with Ashok Leyland and the Indian Institute of Technology Madras (IITM) for an e-mobility pilot. The triumvirate will run an electric bus […]
The Himachal Pradesh Electricity Regulatory Commission (HPERC) has notified draft HPERC (Terms and Conditions for Determination of Wheeling Tariff and Retail Supply Tariff) (Fourth Amendment) Regulations, 2020. These regulations will be effective from the date […]
Power Finance Corporation Limited (PFC) along with REC Limited (REC) have signed a memorandum of understanding (MoU) with SJVN Thermal Private Limited (STPL) for extending a term loan of Rs 85.2 billion for the 2×660 […]
The Prime Minister inaugurated the 3rd Global Renewable Energy Investment Meeting and Expo (RE-Invest 2020) on November 26 through video conferencing. The summit is being organised by the Ministry of New and Renewable Energy. The […]
Kuwait’s Ministry of Electricity and Water (MEW) has awarded Siemens Energy a contract to provide maintenance of 116 high-voltage substations. The five-year service contract represents Siemens Energy’s largest service agreement in the power transmission sector […]
The peak power demand in November 2020 has surpassed that of the same month last year prompting the discoms to gear up to meet a much higher demand this winter in New Delhi. Reportedly, on […]
The Rajasthan Electricity Regulatory Commission (RERC) has notified draft RERC (Standards of Performance of Distribution Licensees) Regulations, 2020, to smoothen the compensation process and to specify system average interruption frequency index (SAIFI) and system average […]
Uttar Pradesh Power Transmission Corporation Limited (UPPTCL) is all set to build three new substations in Greater Noida. The first two substations will have 220 kV of capacity, while the third will have 400 kV. […]
According to third annual Coal vs Renewable Financial Analysis 2019, public funding for coal power projects in India has declined for a second consecutive year. The report, prepared by Centre for Financial Accountability (CFA) and […]
The Asian Development Bank (ADB) has approved a $600 million loan for Indonesian state utility Perusahaan Listrikk Negara (PLN) to expand electricity access and promote renewable energy. The program also includes two grants, at $3 […]
Verve Renewables plans to collect 150,000 metric tonnes (mt) of agricultural waste for power generation by power plants in Haryana. Currently, the company is collecting bales of paddy straw from over 50,000 acres of land […]
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