Sterlite Power Brasil, the Brazilian arm of Sterlite Power Transmission Limited has planned to expand projects in two regions of Brazil with a capital expenditure of Rs 2.5 billion. Sterlite Power Brasil will expand transmission […]
Singapore-based Keppel Corporation-led consortium has announced that it would acquire a 51 per cent equity stake in Royal Dutch Shell-backed Cleantech Solar Energy for $150 million. The consortium includes Keppel Asia Infrastructure Fund LP (KAIF) […]
VinFast, an electric vehicle (EV) producer, has commenced construction works on a battery manufacturing plant in the central province of Ha Tinh, Vietnam, to power the country’s sustainable transportation. The factory will be developed in […]
The Karnataka Power Corporation Limited (KPCL) has issued tenders for the operations and maintenance (O&M) of two solar power projects in Karnataka. The first tender is for the O&M of solar equipment and grid-connecting equipment […]
The Supreme Court (SC) has observed that captive consumers are not liable to pay additional surcharge leviable under Section 42(4) of the Electricity Act, 2003. The SC observed that Section 42(4) is liable only in […]
The power consumption of India increased by 1.3 per cent from December 1, 2021 to December 10, 2021 to 34.23 BUs, over the same period a year ago. In 2020, during the same period, power […]
Looking back at 2021, one of the key highlights for the power sector was India’s commitments at the COP26 climate summit at Glasgow to mitigate climate change and decarbonise the economy. India announced a net […]
TotalEnergies will register, verify and trade renewable energy certificates (RECs) generated by its solar assets on a trading platform owned by Asian exchange T-RECs.ai. This will generate additional revenue for Renewables Distributed Generation for Asia […]
BTL EPC Limited secured an order worth Rs 3.17 billion from NTPC Limited for setting up a coal handling plant for the Pakri Barwadih coal mining project in Jharkhand. The project site is located at […]
IntelliSmart Infrastructure Private Limited (IntelliSmart) has signed an MoU with the Indian Institute of Technology (IIT) Delhi’s industry interface arm Foundation for Innovation and Technology Transfer (FITT) to collaborate on advanced research on real-time smart […]
The Ministry of New and Renewable Energy has clarified that it has not authorised any vendor for installation of rooftop solar and also advised the consumers to pay only the rates decided by discoms. The […]
The Power Development Department (PDD) of Ladakh has signed a power purchase agreement (PPA) with Solar Energy Corporation of India (SECI) for solar power in Leh. The PPA is for buying power from the 50 […]
The central government has filed an affidavit before the Supreme Court to allow the completion of seven under-construction hydro power projects in Uttarakhand. The seven projects include Tehri Stage II (on Bhagirathi River), Tapovan Vishnugad […]
The Ministry of Power (MoP) is reportedly working on a proposal to provide five-year tax holidays and a levy of anti-dumping duties on imports of about 10 identified equipment for transmission and distribution projects under […]
State-owned Electricity of Vietnam (EVN) has started construction on the Vietnamese section of the 220 kV transmission line between Nam Mo (Laos) and Tuong Duong (Vietnam). EVN is undertaking this project at a cost of […]
Reliance Industries (RIL) has raised a USD736 million green loan to finance its largest overseas purchase, REC Solar Holdings in Norway. This is RIL’s maiden green loan and is split into a USD250 million six-year […]
ABB India has partnered with Indore Smart City Development Limited (ISCDL) to deploy next-generation digital technology that enables continuous supply of electricity to homes and businesses in the city. In the first phase of the […]
The US International Development Finance Corporation (DFC) has approved up to USD500 million in debt financing for First Solar. The DFC funding will go towards the company’s upcoming vertically integrated photovoltaic (PV) solar module manufacturing […]
The Ministry of Power (MoP) has approved new 23 interstate transmission system (ISTS) projects with an estimated cost of Rs 158.93 billion. These include 13 projects with an estimated cost of Rs 147.66 billion to […]
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