The Saudi Electric Company (SEC) has awarded engineering, procurement and construction (EPC) transmission contracts worth SAR365 million to local players Al Sharif Group and National Contracting Company (NCC), and South Korean Hyundai Engineering & Construction […]
Power Finance Corporation Limited (PFC) and REC Limited have sanctioned loans worth around Rs 1,250 billion under the liquidity package for stressed discoms. As of January 27, 2021, REC has sanctioned Rs 659.32 billion and […]
JSW Energy has announced to terminate its resolution plans to take over the stressed thermal power asset Ind-Bharat Energy (Utkal) Limited. … Ind-Barath owns a 700 MW thermal power plant which is under construction in […]
The ministry of power (MoP) has issued a revised trajectory of renewable purchase obligation (RPO), including a long-term trajectory for hydropower purchase obligation (HPO) for large hydropower projects commissioned after March 8, 2019. This is […]
According to the budget document, the central government has increased the total investments by over 19 per cent to Rs 599.90 billion for 2021-22 by eight public power companies compared to 2020-21. … REC Limited’s […]
Union Budget 2021-22 had some key policy announcements for the power sector aimed at expediting growth, with a Rs 3,059 billion new reform scheme for the struggling power distribution segment. Here is a quick summary […]
An IAS officer of the 2009 batch, Amit Tomar is currently managing director of state power utility Madhya Pradesh Paschim Kshetra Vidyut Vitran Company Limited (MPPKVVCL). In the past, he has served as SDM, CEO at […]
The government of Sri Lanka has awarded a contract to a China-based joint venture — Sinosoar–Ethechwin—to install a hybrid renewable energy system in three islands of the coast of Jaffna, at a cost of $12 […]
China has launched a carbon trading system to reduce the emissions, as a part of its efforts to meet the carbon neutrality pledge by 2060. … The scheme would cover 2,267 power plants, which last […]
NTPC Limited has invited expressions of interest (EoI) from domestic as well as global firms for setting up methanol production units at its power plants. … NTPC plans to set up CO2 capture, H2 generation […]
The ministry of power has appointed Alok Kumar as secretary (power). … He succeeds Sanjeev Nandan Sahai, who superannuated on January 31, 2021. Alok Kumar was serving as additional chief secretary, Industrial Development and IT […]
The state-owned power distribution companies in Andhra Pradesh, Telangana and Bihar have committed to reduce their commercial and financial losses in the next four years. The move is expected to help these discoms get disbursements […]
Power Finance Corporation Limited (PFC) has raised $500 million through issuance of USD denominated bonds under Reg S route with a fixed maturity of May 16, 2031. … The bonds have a fixed coupon of […]
Adani Solar Energy Four Private Limited (ASE4PL), a subsidiary of Adani Green Energy Limited (AGEL), has commissioned a 100 MW (2×50 MW) solar power project at Jalalabad in Uttar Pradesh. … The plant has been […]
Assam Power Distribution Company Limited (APDCL) was incorporated in 2009-10 by the state government of Assam after consolidating and merging three distribution agencies – lower, central and upper assam distribution companies. Headquartered in Guwahati, the […]
Satish Talmale has over two decades of experience largely in the power sector and is currently the Chief Operating Officer at India Grid Trust (IndiGrid), where he is responsible for asset management of Rs 150 […]
The Indian automobile industry is on the cusp of transitioning to electric vehicles (EVs) from internal combustion engine (ICE) vehicles over the course of the next decade. This transition is being driven by the alignment […]
Hydropower projects are constructed for continuous operation lasting for several decades (50–100 years) and are generally refurbished, uprated and modernized (RMU) after 30–40 years of operation. Extensive testing of turbine before manufacturing for efficient performance […]
Philippines’s First Gen Hydro Power plans to invest $124.89 million (P6 billion) to develop a 120 MW Aya pumped hydro storage project in Pantabangan, Philippines. … The project includes two 60 MW turbines with a […]
Tata Power has received a letter of intent (LoI) from the Odisha Electricity Regulatory Commission (OERC) for distribution and retail supply of electricity in five circles of North Eastern Electricity Supply Company of Odisha (NESCO) […]
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