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Home2021

Year: 2021

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International News

CEIC and China Reform Holdings set up $1.55 billion new fund

January 25, 2021

China Energy Investment Corporation (CEIC) and China Reform Holdings Corporation have set up a $1.55 billion (10.02 billion yuan) fund to invest in clean and renewable energy projects. … Upon launch, the fund is expected […]

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Central Sector

Unit 2 of Kudankulam project shut for refuelling and annual maintenance

January 25, 2021

Unit-2 of 1000 MW capacity of the Kudankulam nuclear power project (KKNPP) has been shut from January 20, 2021 for carrying out the annual maintenance and refueling. … The 1,000 MW water-cooled water-moderated reactor belongs […]

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Central Sector

NTPC to raise Rs 25 billion via bonds on January 27, 2021

January 25, 2021

NTPC Limited will raise Rs 25 billion through issuance of non-convertible bonds via private placement on January 27, 2021. The bonds will be raised through a private placement at a coupon of 6.43 per cent […]

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Private Sector

Tata Power Solar wins Rs 12 billion order from NTPC to set up 320 MW project

January 25, 2021

Tata Power Solar has bagged an order worth Rs 12 billion from NTPC Limited for setting up of 320 MW ground mounted solar project. … The commercial operation date for this project is May 2022. […]

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Central Sector

Unit 3 of Kameng hydro project becomes commercially operational

January 25, 2021

Unit 3 of 150 MW capacity of the Kameng hydroelectric project of NTPC Limited’s subsidiary, North Eastern Electric Power Corporation Limited (NEEPCO) is commercially operational. … The Kameng hydro project comprises four units of 150 […]

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International News

TTCL signs PPA with EPGE for 388 MW Ahlone LNG to power project in Myanmar

January 22, 2021

TTCL Public Company Limited (TTCL) announced that TTCL Power Myanmar Company Limited (TPMC), a subsidiary of TTCL, has signed a 25-year power purchase agreement (PPA) with Electric Power Generation Enterprise (EPGE) for 388 MW Ahlone […]

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International News

Germany’s BayWa r.e. sells two solar farms in Malaysia

January 22, 2021

Renewable energy developer, service provider and distributor, BayWa r.e. has announced the successful sale of two solar farms in Malaysia to a local renewable energy-focused independent power producer, reNIKOLA Sdn Bhd. The sale of the […]

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Central Sector

Government to focus on loss-making discoms for next 3-4 yrs to achieve 24×7 power for all

January 22, 2021

The government would reportedly focus on distribution utilities (discoms) which are mostly state-run and cash-strapped due to losses, to achieve the goal of 24×7 power for all for the next three-four years. … According to […]

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Private Sector

IEX records s 61.8 per cent y-o-y growth in electricity volumes

January 22, 2021

IEX has recorded 20,175 MUs electricity volumes in third quarter of 2020-21 compared to 12,472 MUs during the same period last year, registering a growth of 61.8 per cent on year-on-year (y-o-y) basis. … Total […]

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State Sector

Andhra Pradesh releases feasibility report for solar project sites under RE export policy

January 22, 2021

Andhra Pradesh has released feasibility reports of five project sites for setting up of ultra-mega solar power parks under its renewable energy export policy announced in July last year. … It had identified seven such […]

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International News

Pattern Energy secures $515 million financing fund in Japan

January 21, 2021

US-based renewable developer Pattern Energy Group has secured a $515m financing fund to invest in Japanese renewable power projects. .. The fund will be managed by Pattern Energy’s Japanese affiliate Green Power Investment (GPI) and […]

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International News

L&T Construction wins contracts for power transmission & distribution business in Bangladesh

January 21, 2021

Larsen and Toubro (L&T) has secured large transmission and distribution business orders in Bangladesh. .. The business package involves design, supply, installation, testing and commissioning of extra high voltage transmission lines on a turnkey basis […]

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State Sector

Madhya Pradesh sets up maximum solar pumps under government scheme

January 21, 2021

Madhya Pradesh has reportedly set up largest number of solar pumps in the country under the Pradhan Mantri Garib Kalyan Rojgar Abhiyan. A total of 3,224 solar pumps were set up against the target of […]

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Central Sector

Cabinet approves MoU between India, Uzbekistan for cooperation in solar energy

January 21, 2021

The union cabinet has approved the signing of a memorandum of understanding between India and Uzbekistan for cooperation in solar energy. … The main area of work is to identify research, demonstration and pilot projects […]

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State Sector

Powergrid signs agreement with Himachal Electricity Board for telecom network

January 21, 2021

Power Grid Corporation of India Limited (Powergrid) has signed an agreement with Himachal Pradesh State Electricity Board Limited (HPSEBL) for utilization of 500 km of optical ground wire (OPGW) telecom network This is in addition […]

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Private Sector

Adani Solar Energy commissions 150 MW solar power project in Gujarat

January 21, 2021

Adani Solar Energy Kutchh One Limited, a subsidiary of Adani Green Energy Limited (AEGL), has commissioned a 150 MW solar power project in Kutchh, Gujarat. … The plant has a power purchase agreement with Gujarat […]

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State Sector

Cabinet approves Rs 52.81 billion investment for 850 MW Ratle hydro power project

January 21, 2021

The union cabinet has given its approval for an investment of Rs 52.81 billion in the 850 MW Ratle hydro electric project. The project will be located on river Chenab in Kishtwar, Jammu Kashmir. It […]

Perspective

Interview with Rajat Sud: “Solar power is more cost competitive than new coal”

January 20, 2021

Decentralised solar power plants can be a viable and attractive proposition for discoms, believes Rajat Sud, managing director, Energy Efficiency Services Limited (EESL). The company has installed 77 MW of decentralised solar capacity till date […]

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International News

Uzbekistan to open up electric power, LPG markets amid shortages

January 20, 2021

Uzbekistan will allow local companies to buy electric power and liquefied petroleum gas (LPG) on the open market rather than from state-owned monopolies amid domestic energy shortages. … Under a draft presidential decree, a state […]

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State Sector

Gujarat discoms project low growth in sales in industrial segment

January 20, 2021

Gujarat’s four state discoms namely, Uttar Gujarat Vij Company Limited (UGVCL), Dakshin Gujarat Vij Company Limited (DGVCL), Paschim Gujarat Vij Company Limited (PGVCL) and Madhya Gujarat Vij Company Limited (MGVCL) have projected a lower growth […]

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