South Delhi Municipal Corporation (SDMC) plans to tie-up with NTPC Limited for installing solar rooftop PV and solar ground-mounted plants on over 200 buildings in Delhi. NTPC Vidyut Vyapar Nigam Limited will be responsible for […]
As per its submission made before the Joint Electricity Regulatory Commission, the Chandigarh administration will give licence to a power distribution company for 25 years under the power department privatisation exercise, implying it will be […]
Two of the three private power plants in Punjab are all set to restart power generation as they have received coal supply after resumption of freight trains. However, the two state-run thermal plants will not […]
According to China’s Ministry of Finance, it had set the country’s renewable power subsidy for 2021 at 5.95 billion yuan ($905.7 million), up 4.9 per cent from 2020. Reportedly, the subsidy will go to wind […]
Biotechnology major Biocon has inked an agreement for the acquisition of 26 per cent stake on a fully diluted basis in Hinduja Renewables Two Private Limited for Rs 59.1 million. The indicative time period for […]
JBM Renewables has inked a memorandum of understanding (MoU) with the Ministry of Petroleum and Natural Gas (MoPNG) for setting up 500 compressed biogas (CBG) projects across India. JBM Renewables has been shortlisted and is […]
Under the auction conducted by Solar Energy Corporation of India (SECI) for 1,070 MW of solar power projects, the tariff discovered reached an all-time low of Rs 2 per unit. Saudi Arabian firm Aljoemaih Energy […]
The government is planning to set up at least one electric vehicle charging kiosk in 69,000 petrol pumps across the country. The government is trying to create an ecosystem to accelerate the offtake of electric […]
Coal India Limited (CIL) plans to set up 14 rooftop and ground-mounted solar power projects of 3,000 MW capacity by 2023-24 at an investment of about Rs 56.50 billion. In addition, while Rs 36.50 billion […]
Japanese real estate investor Ichigo Inc has rescheduled for February 2021 the launch of its first wind plant — a 7.39-MW park in Yamagata prefecture. The delay is due to the fact that Ichigo’s wholly-owned […]
Panchshil Realty has signed a 20-year agreement with startup ERO Power to run power distribution for the Panchshil-owned IT/ ITeS SEZ’s located at Kharadi in Pune. Panchshil will be supplying power to the clients inside […]
Heavy Engineering Corporation Limited (HEC) has bagged a Rs 5.27 billion project for constructing a coal handling plant (CHP) on a turnkey basis at Magadh open cast project of Central Coalfields Limited (CCL) in Chatra. […]
According to Maharashtra State Electricity Distribution Company Limited (MSEDCL), over 1.9 million electricity consumers from Marathwada have not paid their monthly power bills of the past seven months, leading to dues mounting to Rs 135.65 […]
Lenders to CG Power and Industrial Solutions have agreed to a one-time loan restructuring to pave way for the Chennai-based Murugappa Group taking over the equipment manufacturer. CG Power had a total debt of Rs […]
The Andhra Pradesh government is planning to issue tenders for 10,000 MW of solar power plants in a phased manner. Andhra Pradesh Green Energy Corporation Ltd (APGECL), a subsidiary of APGENCO, is expected to float […]
The state-owned Power Grid Company of Bangladesh Limited (PGCB) has invited expressions of interest (EoI) for consultancy services for drone legislation, under the Asian Development Bank (ADB)-funded Dhaka and Western Zone Transmission Grid Expansion Project. […]
NLC India Limited’s net profit stood at Rs 619.3 million for the quarter ended September 2020, a decrease of 77 per cent as compare to the quarter ended in September 2019. The company has recorded […]
The government has received expressions of interest (EoI) to set up manufacturing capacity of nearly 35,000 MW of solar equipment. If the bids materialise, they would result in the first large-scale plan to set up […]
Power Grid Corporation of India Limited has recorded a consolidated total income of Rs 98.31 billion for the quarter ended September 2020, an increase of 6.17 per cent over Rs 92.60 billion recorded in the […]
The Association of Power Producers (APP) has written to the finance ministry highlighting the concerns of power debtors and extended litigations that have been egging the power sector. The letter brought forward one of the […]
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