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Home2021June

Month: June 2021

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International News

Mitsubishi announces investment in 600 MW wind farm in Laos

June 30, 2021

Japan based Mitsubishi Corporation has announced a major investment in developing southeast Asia’s largest onshore wind farm in Laos. … The 600 MW onshore project will be located in Sekong and Attapeu provinces of Laos. […]

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Private Sector

Tata Motors announces 10 new battery EVs by 2025

June 30, 2021

Tata Motors will introduce 10 new battery electric vehicles (EVs) by 2025 as a part of its plans to shift towards sustainable mobility. … The company will also invest in charging infrastructure across the country. Additionally, […]

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Central Sector

RUMSL tender of 450 MW oversubscribed by 5.8 GW

June 30, 2021

The Rewa Ultra Mega Solar Limited’s (RUMSL) tender for 450 MW capacity of solar power projects located at the Shajapur Solar Park in Madhya Pradesh has been oversubscribed by 5.8 GW. … RUMSL is a […]

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Central Sector

NTPC considers listing its arm to raise funds for RE target

June 30, 2021

NTPC Limited is considering to launch an initial public offering (IPO) for its renewable energy (RE) arm NTPC Renewable Energy Limited to raise funds for reaching its RE targets. … NTPC has planned to achieve […]

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Central Sector

Rosatom starts construction of units 5 and 6 of KNPP

June 30, 2021

Russia’s Rosatom has started the construction of unit 5 of Nuclear Power Corporation of India Limited’s (NPCIL) Kudankulam nuclear power plant (KNPP) in Tamil Nadu. … The first concrete pouring into the foundation plate of […]

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International News

Bangladesh scraps 10 major coal power projects to focus on RE generation

June 29, 2021

Bangladesh has cancelled at least 10 major coal power generation projects as it aims to scale up its renewable energy (RE) power generation.… The scrapped power plants had a cumulative capacity of about 8,451 MW […]

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International News

China’s Baihetan Hydropower Station starts operations

June 29, 2021

The 16,000 MW Baihetan Hydropower Station, which is the world’s second largest hydropower dam (next to the Three Gorges Dam) has started operations on June 28, 2021 in China. The project, being developed by China […]

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Private Sector

LNJ Bhilwara Group to set up 1 GWh battery manufacturing facility in Pune

June 29, 2021

LNJ Bhilwara Group has entered into a joint venture with ReplusEngitech Private Limited to establish a 1GWh plant in Pune. … The group has marked its entry into the lithium-ion battery business and the 1 […]

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Private Sector

Reliance Power to sell equipment from Samalkot Project

June 29, 2021

Reliance Power is planning to sell equipment at its stranded Samalkotgas-based project in Andhra Pradesh to a similar project in Bangladesh for debt reduction. … Reliance Power has sold the Module 1 equipment to the750 […]

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Private Sector

Power Mech receives contract worth Rs 92.94 billion from CIL

June 29, 2021

A consortium of Power Mech Projects and AMR India has received a contract worth Rs 92.94 billion for a mine development and operation (MDO) project from Central Coalfields (CCL), a subsidiary of Coal India Limited […]

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Central Sector

Power distribution scheme worth Rs 3.03 trillion to be soon considered by cabinet

June 29, 2021

Power distribution reforms scheme worth Rs 3.30 trillion, which was announced in the budget this year, is likely to be considered by the Union Cabinet on June 30, 2021. … The five-year scheme will look […]

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Central Sector

Government extends second phase of FAME scheme by 2 years for EVs

June 29, 2021

The central government has extended the second phase of Faster Adoption and Manufacturing of Electric Vehicles (FAME) scheme for electric vehicles (EVs) till March 31, 2024.… The second phase of the scheme focuses on supporting […]

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International News

Global Power Syergy, Thailand to invest $ 635 million in RE in Asia

June 28, 2021

The power subsidiary of Thailand based PTT Global Power Synergy, has planned to invest $635 million in renewable energy (RE) in Asia. … Global Power Synergy has planned to borrow the money from its parent […]

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Private Sector

JSW registers net profit of Rs 8.23 billion in 2020-21

June 28, 2021

JSW Energy Limited has recorded a consolidated net profit of Rs 8.23 billion and income of Rs 71.6 billion for the year ended March 2021. … The company has registered a decrease of 16.35 per […]

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Central Sector

CESL resumes distribution of LED bulbs under Gram Ujala Scheme

June 28, 2021

Convergence Energy Services Limited (CESL) has restarted distribution of affordable LED bulbs in the villages of Uttar Pradesh and Bihar, as part of its Gram Ujala Scheme. … Under this scheme, rural consumers will be […]

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Central Sector

NTPC to set up 1,000 MW capacity grid-scale battery storage systems

June 28, 2021

NTPC Limited has proposed to set up 1,000 MW capacity of grid-scale battery storage systems in its power plants. … NTPC has floated an expression interest (EoI) seeking responses from global suppliers interested in the […]

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Central Sector

NTPC targets 60 GW RE installation by 2032

June 28, 2021

NTPC Limited plans to install 60 GW capacity of renewable energy (RE) as part of its plan to reduce net energy intensity by 10 per cent by 2032. … NTPC is India’s first company in […]

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International News

World Bank approves USD465 million regional electricity access and battery storage project in West Africa

June 25, 2021

The World Bank has approved financing worth USD465 million for executing the Regional Electricity Access and Battery Energy Storage Technologies (BEST) Project for the member countries of the Economic Community of West African States (ECOWAS).   […]

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International News

AC Energy’s 120 MW solar plant in the Philippines starts commercial run

June 25, 2021

AC Energy Corporation’s 120 MW solar farm in Alaminos, Laguna in Philippines started commercial operations and is now supplying renewable energy to the grid.  The 120 MW plant will power around 80,000 homes while avoiding […]

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Private Sector

ReNew Power evinces interest in Morgan Stanley stake in Continuum

June 25, 2021

ReNew Power Ventures Private Limited has evinced interest in buying US investment bank Morgan Stanley’ majority stake in Continuum Green Energy (India) Private Limited.   Continuum currently has 807.4 MW of operational wind and solar assets. […]

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