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Home2021December

Month: December 2021

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International News

Thyssenkrupp to install over 2 GW electrolysis plant for Air Products in Saudi Arabia

December 17, 2021

Air Products has awarded thyssenkrupp Uhde Chlorine Engineers a contract to supply more than two 2 GW electrolysis plant for one of the world’s largest green hydrogen projects at NEOM in Saudi Arabia. The facility […]

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State Sector

Karnataka government to allocate Rs 20 billion to revive five Escoms

December 17, 2021

The Karnataka government plans to allocate Rs 20 billion to restructure and revive the five ailing electricity supply companies (Escoms) in the state. The five electric supply companies — BESCOM (Bengaluru), CHESCOM (Chamundeshwari), GESCOM (Gulbarga), […]

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Private Sector

Tata Power receives LoA from MSEDCL for setting up of 300 MW hybrid project

December 17, 2021

TP Saurya Limited (TPSL), a wholly owned subsidiary of Tata Power, received the letter of award (LoA) from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for setting up of 300 MW hybrid power capacity. This […]

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Central Sector

MoP asks banks to be cautious when lending to discoms

December 17, 2021

The Ministry of Power (MoP) has urged banks to exercise caution while giving loans to state power distribution utilities to avoid putting the financial system at risk. Reportedly, in November 2021, the government wrote to […]

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Reforms and Regulations

CERC notifies draft Connectivity and General Network Access to the inter-State Transmission System Regulations, 2021

December 17, 2021

The Central Electricity Regulatory Commission has notified draft Connectivity and General Network Access to the Interstate Transmission System Regulations, 2021. The rules specify the application for grant of connectivity and GNA, eligibility for connectivity to […]

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International News

ADB approves USD600 million loan to finance power grid and clean energy projects in Java

December 16, 2021

The Asian Development Bank (ADB) has authorised a USD600 million loan to assist Perusahaan Listrik Negara (PLN), a state-owned power utility, in improving the stability and reliability of electricity supply as well as promote the […]

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Private Sector

TPDDL & Hitachi Energy sign an MoU for conduct trainings in the power distribution sector

December 16, 2021

Tata Power Delhi Distribution Limited (TPDDL) signed a MoU with Hitachi Energy to conduct trainings in the power distribution sector. The partnership will address the training needs of the power distribution personnel, bringing together the […]

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Private Sector

CCI approves acquisition of 40 per cent stake in Sterling and Wilson Renewable Energy by RIL

December 16, 2021

The Competition Commission of India (CCI) has approved the acquisition of shareholding in Sterling and Wilson Renewable Energy Limited (SWREL) by Reliance Industries’ wholly-owned subsidiary Reliance New Energy Solar Limited (RNESL). The proposed deal envisages […]

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Private Sector

Rays Power Infra to build 500 MW solar park in Rajasthan

December 16, 2021

Rays Power Infra has inked a pact with the Rajasthan government to build a 500 MW solar park. Presently the company is developing 500 MW of solar energy capacity with expected commissioning in the next […]

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Private Sector

Adani Transmission inks pact to acquire MPSEZ utilities for Rs 1.16 billion

December 16, 2021

Adani Transmission has inked a share purchase pact with Adani Ports and Special Economic Zone to acquire MPSEZ Utilities (MUL) for Rs 1.16 billion. Adani Transmission will acquire 13,135,000 (100 per cent) equity shares of […]

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Private Sector

L&T bags contracts for its power transmission and distribution business

December 16, 2021

The power transmission and distribution business of Larsen & Toubro has bagged a slew of orders both in India and overseas. In India, orders have been secured to create power distribution infrastructure in two circle […]

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Central Sector

PFC signs agreement to finance 350 electric buses in Uttar Pradesh

December 16, 2021

Power Finance Corporation (PFC) has signed an agreement to lend Rs 2.75 billion for deployment of 350 electric buses across nine cities of Uttar Pradesh. The agreement was signed with GreenCell Mobility, an e-mobility platform […]

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International News

Bintai Kinden secures EPCC contract for energy imports to Malaysia

December 15, 2021

Bintai Kinden Corporation Bhd (Bintai Kinden) has secured an engineering, procurement, construction and commissioning (EPCC) contract for a power import project developed by Malaysia LNG Sdn Bhd in Sarawak. A joint-venture agreement (JVA) has been […]

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State Sector

MEDA invites bids for solar power project in Nagpur

December 15, 2021

The Maharashtra Energy Development Agency (MEDA) has floated a tender to invite bids for a 1.168 MW solar power project at Shri Mahalaxmi Jagdamba Temple at Koradi in Nagpur district of Maharashtra. The power will […]

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Private Sector

Ayana and ACME announce deal for 250 MW of solar PV plants in Rajasthan

December 15, 2021

Ayana Renewable Power Private Limited (Ayana) and ACME Solar Holdings Private Limited (ACME) have announced the closure of deal to divest 100 per cent equity stake in 250 (MW)ac solar photovoltaic (PV) power plants from […]

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Private Sector

AGEL signs largest ever green PPA with SECI

December 15, 2021

Adani Green Energy Limited (AGEL) has signed power purchase agreements (PPAs) with Solar Energy Corporation of India Limited (SECI) to supply 4.7 GW of solar power. It is amongst the largest solar development tenders ever […]

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Central Sector

NTPC awards India’s first and one of world’s largest green hydrogen-based microgrid project at Simhadri

December 15, 2021

NTPC Limited has awarded a standalone fuel-cell based micro-grid with hydrogen production using electrolyser in NTPC Guest House at Simhadri (near Visakhapatnam) in Andhra Pradesh. It will be India’s first green hydrogen-based energy storage project […]

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International News

Nestlé Malaysia to transition to 100 per cent RE by 2022

December 14, 2021

Nestlé Malaysia will be transitioning to 100 per cent renewable energy (RE) across all of its operations in Malaysia starting January 22, 2022. As a result of this move, the firm will be able to […]

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State Sector

TSCL floats EPC tender to set up a 2 MW solar power project

December 14, 2021

Thanjavur Smart City Limited (TSCL) has floated a tender to invite bids to set up a 2 MWAC (2.4 MWDC) ground-mounted solar project at Sirajudeen Nagar Sewage water treatment plant in Thanjavur, Tamil Nadu. The […]

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Private Sector

TPDDL installs submersible power substation in Gujranwala Town

December 14, 2021

Tata Power Delhi Distribution Limited (TPDDL) has installed a 630 kVA submersible transformer under the parking space of its substation building in Gujranwala Town in New Delhi. It is a first-of-its-kind submersible distribution transformer set […]

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