China Three Gorges South Asia Investment Limited (CSAIL), and a consortium of members have announced their acquisition of 100 per cent of Alcazar Energy Partners (AEP). … AEP, headquartered in Dubai, isan independent renewable energy […]
ABB is expanding its current capacity for manufacturing of low voltage (LV) motors at its renewable energy (RE) powered facility in Faridabad. … The expansion will increase plant capacity by more than 20 per cent […]
Ayana Power, Azure Power, and NTPC Limited have emerged as the lowest bidders in a bid for 1,200 MW bid solar-wind hybrid project by the Solar Energy Corporation of India Limited (SECI).… A tariff of […]
The Green Term-Ahead Market (GTAM) under Indian Energy Exchange (IEX) has traded 2,744 MUs volume during its first year. … The market discovered Rs 3.75 per unit as the average price. Of the cumulative 2,744 […]
According to NITI Aayog, the power generation assets owned by the government can be valued at Rs 398.32 billion which can be monetised by 2025, according to the National Monetisation Pipeline (NMP). … The Rs […]
Rohit Bajaj, Senior Vice-President and Head, Business Development and Shruti Bhatia, Head, Corporate Communications, Indian Energy Exchange The power exchange-based spot market has proven to be a game changer for generators, power utilities and industrial […]
Wärtsilä Energy will supply a 40 MW liquified natural gas (LNG) based power plant located in Adamjee Export Processing Zone (EPZ) near Dhaka, Bangladesh. … The power plant has been ordered by Sigma Powertech Limited […]
Gas Authority of India Limited (GAIL) has planned to venture into hydrogen production and laying pipeline infrastructure to connect consumption centres to gas sources. … Other major companies that have announced ambitious plans for generating […]
NTPC Limited has secured contracts under the International Solar Alliance (ISA) to help set up solar projects in Cuba, Niger and Malawi. … The project management consultancy (PMC) contract has been awarded to NTPC for […]
NTPC Limited has announced the commercial commissioning of a 15 MW floating solar photovoltaic (PV) project in Simhadri, Andhra Pradesh. … With this commissioning, the installed capacity of the floating solar PV project at Simhadri […]
Tata Power Limited (Tata), Adani Power Limited (Adani), Sterlite Power Transmission Limited (Sterlite) and Power Grid Corporation of India Limited (Powergrid)have submitted binding bids to buy South East UP Power Transmission Company. … The major shareholder […]
The Indian power sector crossed a significant milestone recently – its installed renewable energy capacity (excluding large hydro) reached 100 GW. This, indeed, is a noteworthy achievement given that the installed renewable energy capacity has […]
Saudi Electricity Company (SEC) has awarded two 380 kV transmission contracts to Saudi-based Trading Development Partnership (TDP) and Japanese Hitachi ABB Power Grids. TDP has bagged a SAR487.4 million turnkey contract for the design, supply […]
Ministry of Power organised an event on August 19, 2021 to issue energy saving certificates to best performing industrial units… Over 5.7 million energy saving certificates were issued to 349 industrial units because they saved […]
Bharat Heavy Electricals (BHEL) has set up a solar-powered electric vehicle (EV) charging station at Karnal, Haryana. The EV charging station is located at the midpoint of Delhi-Chandigarh highway and is equipped to cater to […]
The Ministry of Power (MoP) has circulated the draft Electricity (Late Payment Surcharge) Amendment Rules, 2021 to reduce the burden of the distribution licensee. According to the draft amendment rules, the power generation companies will […]
As countries step up their decarbonisation efforts to mitigate climate change, green hydrogen has emerged as a key alternative to controlling emissions while meeting the growing demand for energy. While hydrogen has been in use […]
Japanese based Pacifico Energy has started the construction of 121 MW solar photovoltaic (PV) park in Japan. … The park will be located at Sanda City in Hyogo prefecture. It is expected to generate about […]
Canadian pension fund Ontario Municipal Employees’ Retirement System (OMERS) has evinced interest in acquiring stakes in power transmission assets and electricity discoms of union territories (UTs). … OMERS had recently announced its plans to purchase […]
Delhi based start-up Probus Smart Things, which is focused on smart grid applications, has raised $0.5 million in a bridge round led by Unicorn India Ventures. Probus is an integrated IoT platform-based service for distribution […]
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