Electricity Supply Corporation of Malawi (ESCOM) has awarded key agreements for the development of a 218-km transmission interconnector and Matambo substation under the Mozambique–Malawi Interconnection Project (MOMA). The interconnector will run from the 400 kV […]
Tata Power has recorded a net profit of Rs 5.05 billion for the quarter ended September 2021, a decline of 36.5 per cent over Rs 3.70 billion recorded for the quarter ended September 2020. The […]
NTPC Limited has recorded a net profit of Rs 36.90 billion for the quarter ended September 2021, an increase of 5.6 per cent over Rs 34.95 billion recorded for the quarter ended September 2020. The […]
Adani Transmission Limited has raised USD 700 million for its under-construction transmission asset portfolio through the definitive agreements with leading international banks. The revolving facility will finance Adani Transmission’s four transmission projects in Gujarat and […]
Coal stocks have increased to an average of five days of consumption at power plants. The power plants are maintaining 300,000 tonnes of coal supply every day and are expected to reach six days average […]
The Ministry of Power (MoP) has revised the terms of reference of National Committee on Transmission (NCT) to fast-track planning and approval of inter-state transmission system (ISTS) projects. Presently, all ISTS projects are approved by […]
Sri Lanka will stop commissioning new coal-fired power plants as part of a push to eliminate fossil fuels in its energy mix. Coal and hydroelectricity contribute about 44 percent each to Sri Lanka’s power supply. […]
Indigrid has recorded a net profit of Rs 681.72 million for the quarter ended September 2021, a decline of 20.3 per cent over Rs 855.15 million recorded for the quarter ended September 2020. The company’s […]
Torrent Power has recorded a net profit of Rs 3.69 billion for the quarter ended September 2021, an increase of 82 per cent over Rs 2.02 billion recorded for the quarter ended September 2020. The […]
Reliance New Energy Solar has offered Rs 375 per share to acquire 49.1 million shares of Sterling and Wilson Solar for over Rs 18.40 billion. The 49.1 million shares constitute 25.9 per cent equity stake […]
Indian Energy Exchange (IEX) has commenced Energy Saving Certificates (ESCerts) trading under the Perform, Achieve and Trade cycle-II (PAT-II) scheme. The trading on the exchange will happen once a week on every Tuesday. PAT-II aims […]
Vietnam received a grant of $2.96 million from the US Consulate General for developing the first grid-scale battery energy storage system (BESS) in the country. … The BESS will be retrofitted to a utility-scale solar […]
Honeywell has introduced a new flow battery technology that works with renewable energy (RE) generation sources such as solar and wind to meet the demand for sustainable energy storage. … The technology uses a safe, […]
HPL Electric and Power Limited (HPL) has received an order worthRs 1.79 billion for smart meters. … HPL has recently launched new range of smart meters with NB-IoT communications technology developed in-house at HPL’s new […]
Karnataka Renewable Energy Development Limited (KREDL) has reissued the ‘Draft Karnataka Renewable Energy Policy 2021-2026″ to develop 10 GW capacity of renewable energy (RE) projects with and without energy storage.… According to the draft, 1 […]
CLP India has announced that it has assumed a new corporate identity as Apraava Energy. The company targets to double energy portfolio in next 3 to 4 years by focusing on low-carbon growth areas. Apraava […]
South Korea-based EnPlus Company Limited (EnPlus) will invest PHP5 billion to boost production of electric vehicles (EV) in the Philippines.… The Philippine Economic Zone Authority (PEZA) and EnPlus have signed a memorandum of understanding (MoU) […]
Jindal India Solar Energy, Shirdi Sai Electricals, Reliance New Energy Solar and Adani Infrastructure have emerged as the lowest bidders for Indian Renewable Energy Development Agency’s (IREDA) production-linked incentive (PLI) programme.… Under the Rs 45 […]
Tata Powerhas completed the milestone of having a network of over 1,000 electric vehicle (EV) charging stations across the country. … With this,Tata Power is India’s largest EV charging infrastructure solutions provider for customers across […]
Thermal power plants (TPPs) in India are expected to require to import 10 million tonnes of coal in 2021-22to build stock to last through next summer.… As per the Central Electricity Authority (CEA) estimates, a […]
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