Sterlite Power has raised Rs 2 billion in debt financing from Allianz Global Investors. … The Rs 2 billion facility from Allianz Global Investors has been raised as a non-convertible debenture with a three-year tenure […]
The third unit of 700 MW capacity of the Kakrapar Nuclear Power Plant (KAPP) has been synchronised with the grid. … The pressurised heavy water reactor (PHWR) was synchronised on January 10, 2021. The first […]
BSES Rajdhani Power Limited (BRPL) and BSES Yamuna Power Limited (BYPL) have resolved the defaults payment matter with Aravali Power Corporation Private Limited (APCPL) and have paid Rs 3.52 billion and Rs 473.4 million, respectively, […]
Bharat Heavy Electricals Limited (BHEL) has bagged an order worth Rs 4.50 billion for a steam and power plant from National Aluminium Corporation Limited (NALCO). … The order has been placed on BHEL by NALCO […]
Adani Green Energy Limited (AGEL) has commissioned a 25 MW solar power plant in Chitrakoot in Uttar Pradesh. … This plant has a power purchase agreement with Noida Power Company Limited (NPCL) at tariff of […]
What, according to you, are the key business drivers for the uptake of smart metering for utilities in India? Prevention of energy theft, improvement in collection efficiency and improvement in power quality indices are the […]
The Ministry of Housing, Communities and Local Government (MHCLG) designates BASEC as an Approved Body for UK Construction Products Regulation (CPR) testing as of 31st December 2020. Following the Brexit trade agreements, the question has […]
The Japan Bank for International Cooperation has signed a loan agreement with Vung Ang 2 Thermal Power Limited Liability Company (VAPCO) for the construction of a coal-fired power plant in Vietnam. … The project financing […]
KEC International has secured new orders of Rs 10.24 billion across its various businesses. …. The transmission & distribution (T&D) has secured orders for T&D projects in India, Middle East, Africa and the Americas. The […]
The central government plans to launch a single window clearance system for coal mines. … The single window clearance system will be an online platform to obtain clearances for smooth operationalisation of coal mines and […]
Reliance Infrastructure Limited (RInfra) has completed the sale of its entire 74 per cent equity stake in Parbati Koldam Transmission Company Limited (PKTCL) to India Grid Trust (IndiGrid) for an enterprise value of Rs 9 […]
NHPC Limited has signed an agreement with the Indian Renewable Energy Development Agency (IREDA) for assistance in setting up renewable energy projects. … IREDA will undertake techno-financial due diligence of renewable energy and energy efficiency […]
In December 2020, the Ministry of Power (MoP) circulated a draft proposal on enabling discoms to either continue with or exit from power purchase agreements (PPAs) with central generating stations (CGSs) once the tenure of the […]
Diesel generator (DG) sets have played an important role in meeting the backup requirements of consumers across the domestic, institutional, and commercial and industrial segments. Despite high running costs, DG sets have been popular across […]
In the past few years, capacity additions in the hydropower segment have been low. This is owing to a number of issues and challenges facing the segment, such as the long gestation period of projects, […]
Renewable energy has grown at a considerable pace over the past few years with renewable capacity addition, especially solar, exceeding thermal. India’s installed renewable power capacity (excluding large hydro) has quadrupled over the decade to […]
Pumped storage is an established, proven and mature storage technology. At present, it is the only viable technology for large-scale energy storage. A pumped storage plant (PSP) stores energy in the form of gravitational potential […]
As per industry data, the country’s coal imports were 5 per cent higher during 2019-20 than the previous year and are projected to increase further as the country’s coal consumption is likely to rise in […]
The Ministry of Power (MoP), in a recent letter to the Ministry of Environment, Forest and Climate Change (MoEFCC), has sought a two-year extension of the current deadline for the implementation of emission norms for […]
The Asian Development Bank (ADB) and Nur Navoi Solar Foreign Enterprise Limited Liability Company (NNS) have signed loans of US$17.5 million for a 100 MW solar power plant in Uzbekistan. . It will be the […]
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