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Home2021August

Month: August 2021

No Picture
Central Sector

NTPC to set up pilot project on hydrogen blending with natural gas in CGD

August 16, 2021

NTPC Limited has floated a tender to invite global expression of interest (EoI) to set up a pilot project on hydrogen blending with natural gasfor city gas distribution (CGD). … This pilot project will be […]

No Picture
Central Sector

India to launch National Hydrogen Mission

August 16, 2021

The Prime Minister (PM) of India has announced the launch of a National Hydrogen Missionto meet the target achieving self-reliance in energy by 2047. … As per this mission, India has plans to generate green […]

Specials

Development Plans: Mexico’s PRODESEN 2021-35 sets the agenda for sector growth

August 16, 2021

Mexico’s Secretaría de Energía (SENER) or the Ministry of Energy recently published the Programa de Desarrollo del Sistema Eléctrico Nacional (PRODESEN) 2021-35, or the National Electric System Development Plan 2021-35, for the expansion of power […]

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International News

Vietnamese EVN to assign more than 1,000 grid projects to subsidiaries between 2021 and 2025

August 13, 2021

State-owned Electricity of Vietnam (EVN) intends to assign 1,068 grid projects of 110 kV and 220 kV voltages to its five subsidiaries between 2021 and 2025. The projects will be allocated and planned based on […]

No Picture
Private Sector

Finolex Cables Limited reports 95 per cent rise in first quarter net profit

August 13, 2021

Finolex Cables Limited has recorded a net profit of Rs 869 million for the quarter ended June 2021, an increase of 95.32 per cent over Rs 444.9 3illion recorded for the quarter ended June 2020. […]

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Central Sector

PFC reports 28 per cent rise in first quarter net profit

August 13, 2021

Power Finance Corporation Limited (PFC) has recorded a net profit of Rs 45.55 billion for the quarter ended June 2021, an increase of 28.05 per cent over Rs 35.57 billion recorded for the quarter ended […]

No Picture
Reforms and Regulations

MoP advices central government offices to switch over to prepaid smart meters on priority

August 13, 2021

The Ministry of Power (MoP) has advised all central ministries and departments to switch to prepaid smart electricity meters. This comes after the Ministry of Finance issued a clarification allowing all central ministries and central […]

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Private Sector

Tata Power Solar gets Rs 3.86 billion PV plant project in Ladakh

August 13, 2021

Tata Power Solar Systems secured a project worth Rs 3.86 billion to build a solar PV plant with 50 MWh battery energy storage system (BESS) in Leh, Ladakh. The 50 MW solar PV plant will […]

No Picture
Private Sector

Tata Power Renewable Energy commissions 100 MW solar power project in Gujarat

August 13, 2021

Tata Power Renewable Energy (TPREL), a wholly owned subsidiary of Tata Power has commissioned 100 MW Solar Power project at Raghanesda Solar Park, Gujarat. The solar facility having capacity of 100 MW is expected to generate 255 million […]

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Central Sector

SJVN signs agreement for electro mechanical works of 210 MW Luhri-1 HEP

August 13, 2021

SJVN Limited has entered into a contract agreement for electro mechanical works worth Rs 4.20 billion of 210 MW Luhri Hydro Electric Project (HEP) Stage-1 with Voith Hydro Private Limited. Luhri HEP-1 is a run-of-river […]

Forum

Decarbonising Industry: Pathway to a sustainable energy future

August 12, 2021

By Malcolm Wrigley, Chief Operating Officer, CLP India Decarbonisation has become a global imperative for most industries across the world as they try to mitigate their climate change impact. The power sector plays a critical […]

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International News

Globeleq completes refinancing for 238 MW energy plants in South Africa

August 12, 2021

Globeleq, a South African independent power producer, has completed the senior debt refinancing of three of its renewable energy plants, totaling 238 MW. Absa Bank, part of the financial services company Absa Group Limited, served […]

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International News

Wärtsilä to supply 5.2 MW energy for Taiwan

August 12, 2021

Wärtsilä, a technology firm, will deliver a 5.2 MW energy storage system to provide frequency management in the ancillary service market for the Taiwanese grid as Taiwan strives to attain 20 per cent renewable energy […]

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Central Sector

PTC India reports 36 per cent rise in first quarter net profit

August 12, 2021

PTC India Limited has recorded a net profit of Rs 1.36 billion for the quarter ended June 2021, an increase of 36.08 per cent over Rs 1 billion recorded for the quarter ended June 2020. […]

No Picture
Central Sector

Coal India reports 52 per cent rise in first quarter net profit

August 12, 2021

Coal India Limited has recorded a net profit of Rs 31.74 billion for the quarter ended June 2021, an increase of 52.78 per cent over Rs 20.77 billion recorded for the quarter ended June 2020. […]

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Central Sector

Powergrid reports 192 per cent rise in first quarter net profit

August 12, 2021

Power Grid Corporation of India Limited (Powergrid) has recorded a net profit of Rs 59.98 billion for the quarter ended June 2021, an increase of 192.82 per cent over Rs 20.48 billion recorded for the […]

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Central Sector

Indian Railways invites bids for hydrogen powered trains

August 12, 2021

The Indian Railways has invited bids for hydrogen fuel cell-based technology by retrofitting the diesel electric multiple unit (DEMU) on 89 km Sonipat-Jind stretch of Northern Railway. By switching from diesel to hydrogen, the retrofitting […]

No Picture
Central Sector

NTPC plans to raise term loans worth up to Rs 50 billion

August 12, 2021

NTPC Limited has invited proposals for raising term loans worth up to Rs 50 billion. NTPC has issued a request for proposal for raising the amount and financial institutions have until August 26, 2021 at […]

No Picture
Central Sector

Powergrid board approves Rs 4.25 billion fresh equity investment in EESL

August 12, 2021

Power Grid Corporation of India Limited (Powergrid) board has approved the proposal to infuse fresh equity up to Rs 4.25 billion in Energy Efficiency Services Limited (EESL). EESL is a joint venture company of Powergrid, […]

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International News

Saudia Arabia receives bids for 10 PV solar project

August 11, 2021

The Saudi Ministry of Energy has received proposals from financial services companies for two transaction advisory contracts on 10 photovoltaic (PV) solar projects that will be constructed under the Public Investment Funds (PIF) clean energy […]

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