The African Development Bank (AfDB) has approved a grant worth USD83.6 million for supporting the implementation of the 230 kV Ethiopia–Djibouti Second Power Interconnection project. Of the total funding approved, USD69.65 million will be granted […]
Reportedly, around nine firms are interested in taking over the power distribution functions of Electricity Department, Puducherry as part of central government’s discom privatisation drive for union territories. The firms include Italy’s Enel Group, Adani […]
JSW Energy Limited plans to spend Rs USD10 billion (Rs 750 billion) on renewable energy by 2030. The company aims to shift away from coal and plans to add about 15.4 GW of solar, wind […]
Delhi government is set to begin a single window facility for installation of charging points for electric vehicles in private and semi-public spaces in the city. This would enable residents of Delhi to request for […]
Reliance Power Limited’s board has approved a preferential issue of 595 million equity shares and 730 million warrants worth Rs 13.25 billion to Reliance Infrastructure. With this, the shareholding of Reliance Infra and promoter group […]
Adani Electricity Mumbai Limited (AEML) has listed its USD2 billion global medium term note programme on BSE-owned India International Exchange’s (INX’s) debt listing platform. AEML plans to use the proceeds from the programme to fund […]
IndiGrid has acquired 100 per cent stake in two solar assets with 100 MW capacity from Fotowatio Renewable Ventures (FRV) for Rs 6.6 billion. The 100 MW assets are fully operational and located in the […]
Global Power Synergy Public Company Limited (GPSP), Thailand has bought 41.6 per cent stake in Avaada Energy Private Limited at an enterprise value of THB 14,825 million. … The acquisition has been made through a […]
Adani Electric Mumbai Limited (AEML) has planned to raise $300 million through the group’s first sustainable bond sales overseas. … These bonds are expected to offer rates within 3.25 per cent to 3.7 per cent […]
The Competition Commission of India (CCI) has approved Summit India (Tripura)’s acquisition of 23.5 per cent stake in ONGC Tripura Power Company Limited.… ONGC Tripura Power Company operates a 726.6 MW natural gas-based power plant […]
The Supreme Court (SC) has stayed a Bombay High Court order that suspended the tender process for power distribution business in Dadra Nagar Haveli and Daman & Diu.… Torrent Power was selected asthe highest bidder […]
The Ministry of Coal has received technical bids from 34 companies including Vedanta Limited, Balco, Hindalco, Sunflag Iron & Steel, Adani Power and Adhunik Power etc.,for the second round of bidding under the commercial coal […]
Bharat Heavy Electricals Limited (BHEL) has secured an order worth of Rs 14.05 billion from the Nuclear Power Corporation of India Limited (NPCIL) for supply of 12 nuclear steam generators.… The 12 steam generators will […]
NTPC Limited’s green subsidiary, NTPC Renewable Energy, has received approval from the Ministry of New and Renewable Energy (MNRE) to set up a 4,750 MW solarpark in the Rann of Kutch in Khavada, Gujarat.… This […]
The Export Import (Exim) Bank of India has extended a loan of $35.26 million for a power transmission project being executed by Kalpataru Power Transmission Limited (KPTL) in Senegal. … The project entails construction of […]
CEAT Tyres Limited has announced a partnership with Tata Power to establish a 10MW captive solar power plant in Solapur, Maharashtra. … The plant will be developed at Tata Power’s Solapur site for powering CEAT’s […]
NHPC Limited has floated a tender inviting bids for engineering, procurement, and construction (EPC) contractors for a 600 MW solar photovoltaic (PV) project in Rajasthan. … The project will be a interstate transmission system (ISTS) […]
SJVN Limited and the Investment Board of Nepal have signed a memorandum of understanding (MoU) to develop the 679 MW Lower Arun Hydro Electric Project (HEP) in Nepal. … SJVN won the project through international […]
NTPC Renewable Energy (NTPC REL) has signed a memorandum of understanding (MoU) with the union territory (UT) of Ladakh to set up the country’s first green hydrogen mobility project in the region. … The MoU […]
The Nuclear Safety and Security Commission of South Korea has given its approval for starting operations of the 1.4 GW Shin-Hanul 1 nuclear reactor, a year after the plant’s completion.… The reactor was completed in […]
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