Siemens Limited has registered a total income(on standalone basis) of Rs 27.54 billion and a profit after tax (PAT) of Rs 1.62 billion for the third quarter of financial year ending June 30, 2021. … […]
ReNew Power(ReNew) has announced the acquisition of two renewable energy (RE) assets with a cumulative capacity of 359 MW. … The acquisition includes L&T Uttaranchal Hydropower Limited, which owns the SingoliBhatwari Hydroelectric Project (SBHEP), from L&T […]
The Uttarakhand Electricity Regulatory Commission (UERC) has issued a draft proposal to review the benchmark capital cost and generic tariff for various solar power projects for 2021-22. … The projects include photovoltaic (PV), solar thermal, […]
The Ministry of New and Renewable Energy (MNRE) has launched a loan interest subvention scheme in association with United Nations Industrial Development Organization (UNIDO) for innovative waste to energy (WtE) bio-methanation projects. … The industrial […]
China’s National Development and Reform Commission have announced that 53 coal mines across the country have restarted operations due to a surge in power demand. … 15 of these coal mines are located across northern […]
Reliance New Energy Solar Limited (RNESL) and a few investors have announced an investment of $144 million in a US-based energy storage company, Ambri Inc in Massachusetts. … RNESL will invest $50 million to acquire […]
The Gujarat State Electricity Corporation Limited (GSECL) has issued tender inviting bids for 224 MW capacity of grid-connected solar projects with an estimated cost of Rs 8.96 billion. … The solar projects will range from […]
Bharat Heavy Electricals Limited (BHEL) has issued a tender invitingbids for the operation and maintenance (O&M) of a 25 MW floating solar photovoltaic (PV) power project in Andhra Pradesh. The project at NTPC Simhadri will […]
With the implementation of Approved List of Models and Manufacturers (ALMM) restrictions, solar developers are facing a challenge in executing solar projects with a tariff lower than Rs 2.50 per kWh. … For tenders issued […]
A total 517,322 electric vehicles (EVs) have been registered in India from 2018 to 2021 with 104,806 EVs registered in 2021 alone (up to July 19), as per the Ministry of Heavy Industries. … The […]
GRAZ/VIENNA, AUGUST4, 2021.International technology group ANDRITZ has received an order from Central Government owned utility, North Eastern Electric Power Corporation Ltd. (NEEPCO Ltd.) for the complete rehabilitation of the electro-mechanical equipment of the 200 MW […]
South Korea has permitted the construction of two 1,340 MW Shin Kori nuclear reactors operated by Korea Hydro and Nuclear Power (KHNP), in Busan. … Shin Kori 5 and 6 nuclear reactors were given the […]
Jindal Steel and PowerLimited (JSPL) has accepted the revised offer from Worldone Private Limited (WPL), to divest its 96.42 per cent stake in Jindal Power Limited (JPL).… As per therevised offer, WPL will buy out […]
Renew Power has signed a power purchase agreement (PPA) with theSolar Energy Corporation of India Limited (SECI)for400 MW round-the-clock (RTC) electricity supply. … ReNew Power anticipates the 400 MW RTC project will require 900 MW […]
Convergence Energy Services Limited (CESL) has issued a first-of-its-kind tender for the procurement of 100,000 electric three-wheelers. … A request for proposal has been issued inviting original equipment manufacturers (OEMs) to provide proposals for procurement […]
The power consumption in India has increased by 9.3 per cent on a year-on-year (y-o-y) basis to 28.08 BUs in the first week of August 2021, due to easing of lockdowns and improvement in economic […]
August Issue 2021
The International Finance Corporation (IFC) will invest $100 million towards Egypt’s first private sector green bond. The investment will aid in the mobilisation of funds for climate-smart initiatives, the reduction of greenhouse gas emissions, and […]
Indonesia will soon begin construction on a 145 MW floating solar power plant, estimated to be the biggest in Southeast Asia. National power provider Perusahaan Listrik Negara (PLN) and UAE-based Masdar have agreed on the […]
Adani Transmission Limited has recorded a net profit of Rs 4.33 billion for the quarter ended June 2021, an increase of 21.97 per cent over Rs 3.55 billion recorded for the quarter ended June 2020 […]
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