Coal India Limited’s (CIL) net profit increased by 21.3 per cent and stood at Rs 30.85 billion for the quarter ended December 2020 as against Rs 39.23 billion in the same period last year. … […]
The Solar Energy Corporation of India (SECI) has extended the bid submission deadline for its tender for the commissioning of a 20 MW (AC) solar PV power plant (50 MWp DC) with 20 MW/50 MWh […]
Power Finance Corporation Limited has recorded a total consolidated income of Rs 184.42 billion for the quarter ended December 2020, an increase of 16.15 per cent over Rs 158.78 billion in the corresponding period last […]
The Ministry of Power (MoP) has issued amendments to the guidelines for tariff-based competitive bidding (TBCB) process for procurement of round-the-clock (RTC) power from grid-connected renewable energy power projects, complemented with power from any other […]
The fourth unit of 150 MW capacity of the 4×150 MW Kameng hydroelectric project of NTPC Limited’s subsidiary, North Eastern Electric Power Corporation Limited is commercially operational. Unit-1 and 2 of the project were commissioned […]
China will necessitate regional grid firms to buy at least 40 per cent of power from non-fossil fuel sources by 2030 in order to meet the it’s climate targets. .. According to a draft policy […]
The State Empowered Committee (SEC) under the Rajasthan Enterprises Single Window Enabling and Clearance Act, 2011 has recommended six projects worth Rs 1,180 billion for consideration of special package under the Rajasthan Investment Promotion Scheme. […]
India’s coal import increased by 15.1 per cent to 23.63 million tonnes (mt) in December 2020 compared to 20.52 mt in December 2019. … Non-coking and coking coal imports stood 15.63 mt and 5.36 mt […]
The Indian Energy Exchange (IEX) has announced further divestment of 5 per cent equity stake in the Indian Gas Exchange (IGX) to GAIL (India) Limited, marking it the third investor to participate in the platform. […]
According to International Energy Agency’s (IEA) report, The India Energy Outlook 2021, the country’s energy demand will grow at the fastest pace globally by 2040 in line with the country’s economic expansion. As per the […]
The unfortunate flash flood in Uttarakhand – caused by unprecedented snowfall that triggered an avalanche – has led serious devastation in Uttarakhand. While rescue operation is on by teams of ITBP, Indian Army and Navy, […]
Siemens Saudi Arabia has bagged an EPC contract worth SAR57.3 million from the Saudi Electricity Company (SEC) for the installation of 380 kV reactors at the Hail 3 substation. . The contract involves the installation […]
KKR backed-Virescent Infrastructure has floated a infrastructure investment trust (InvIT) in the green power space and sought the approval for the Securities Exchange of India. … The company is in the process of acquiring a […]
In India-Nepal Joint Standing Technical Committee meeting, India has expressed its intent to sell an additional 100 MW of electricity to Nepal, through NEA’s 400 kV Dhalkebar–Muzaffarpur line, the country’s first-ever high-voltage, cross-border transmission line. […]
The Solar Energy Corporation of India (SECI) has invited proposals for the selection of consultancy firms for owners engineer (OE) services for the 100 MW (AC) solar PV project (160 MWp DC capacity) along with […]
NHPC Limited is planning to raise up to Rs 20 billion through the issue of 15-year bonds.. The bonds are likely to be priced in the range of 6.7-7.10 per cent. NHPC is planning to […]
The Development Bank of South Africa (DBSA) has launched its first green bond through a private placement with the French Development Agency (AFD). The purpose of the loan is to mobilise 200 million euros to […]
Power sector majors including Tata Power, Adani Transmission Limited, Sterlite Power, ReNew Wind Energy, NTPC Electric Supply Company and Torrent Power are reportedly among the players which have submitted bids for privatisation of the electricity […]
Amp Energy India has commissioned a 7.8 MW solar power plant for Hyderabad’s metro rail project to provide solar power to its 24 stations and two depots in the city. … The project is a […]
Brihanmumbai Municipal Corporation (BMC) has approved a Rs 5.36 billion hydro and solar power project to generate 100 MW power at its Vaitarna dam in Maharashtra. … According to BMC, the facility will comprise a […]
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