Adani Green Energy Limited (AGEL) is reportedly in talks to buy Japan’s SoftBank Group’s majority 80 per cent stake in solar power producer SB Energy. … The talks follow the scrapping of SoftBank’s plan to […]
The Tata Power Company Limited has recorded a net profit of Rs 14.4 billion and income of Rs 329 billion for the year ended March 2021. … TPCL has registered an increase of 10.8 per […]
The Odisha Renewable Energy Development Agency (OREDA) has issued tenders to invite bids to select solar power generators to set up 500 MW of solar projects under the Pradhan Mantri Kisan Urja Suraksha evamUtthanMahabhiyan (PM […]
During the first fortnight of May this year (from May 1 to 14), the daily peak power demand met touched the highest level of 168.78 GW (on May 6, 2021). … It is a growth […]
Taiwans Bureau of Energy (BoE) and Industrial Development Bureau (IDB) been working on a draft regulation for the third round of offshore wind auctions. This will also include a new target for 2035. Taiwan is […]
Coal India Limited has accounted for only 0.65 per cent of the country’s total carbon dioxide (CO2) emissions of 2,616 mt during 2019-20. It is estimated that about 30 kg of CO2 is emitted for […]
Vikram Solar has commissioned an 85 MW solar power project for NTPC Limited at Bilhaur, Kanpur, Uttar Pradesh. With this, the total capacity of the project has reached 225 MW (about 140 MW was commissioned […]
NHPC Limited will be acquiring the entire 2 per cent equity stake of PTC India Limited in Chenab Valley Power Projects Private Limited (CVPPL). … The Ministry of Power has recently conveyed approval of competent […]
The Union Cabinet has approved production-linked incentives (PLI) for advanced chemistry cell or battery storage. At present, India reportedly imports battery storage equipment worth Rs 200 billion. The approval of PLI will reduce the import […]
The Ministry of New and Renewable Energy (MNRE) has notified a timeline extension in the scheduled commissioning date (SCoD) of renewable energy projects considering disruption due to the second wave of COVID-19. As per the […]
Morocco’s Office National de l’Electricitéet de l’Eau Potable (ONEE) has invited international competitive bids for the construction of the 225/60 kV Gulemim II substation and drawdown lines. . The MAD74 million contract is financially being […]
Jindal Steel and Power Limited (JSPL) has made a prepayment of Rs 24.62 billion to its term lenders to become debt free. The prepayment of debt is in line with the company’s long stated financial […]
Siemens Limited has recorded a consolidated total revenue of Rs 35.4 billion for quarter ended in March 2021, marking an increase of 30.05 per cent from Rs 27.22 billion for quarter ended in March 2020. […]
The Goa Electricity Department has stated that there will be no power tariff hike for 2021-22. The tariff has remained the same since 2019-20 despite the Joint Electricity Regulatory Commission (JERC) recommending a hike in […]
The Ministry of New and Renewable Energy (MNRE) has amended the guidelines for implementation of central public sector undertaking (CPSU) scheme phase-II for setting up 12,000 MW grid-connected solar projects with viability gap funding (VGF). […]
The Indian cement industry is one of the most efficient in the world. Over the years, it has made efforts to reduce its carbon footprint by adopting the best available technologies and environmental practices. Gradually […]
As per the International Energy Agency’s (IEA’s) latest renewable energy market update, the annual renewable energy capacity additions increased 45 per cent to almost 280 GW in 2020, the highest ever year-on-year increase since 1999. […]
Total Eren, a leading renewable energy independent power producer (IPP) based in Paris, has secured financing for its 100 MW Tutly solar photovoltaic project located in Uzbekistan. … The loans totaling EUR 87.4 million are […]
The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has invited bids to procure 500 MW of wind-solar hybrid power on a long-term basis from grid-connected interstate and intrastate projects. The minimum project size of a […]
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