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Home2022

Year: 2022

Reforms and Regulations

CERC extends ceiling of Rs 12 per unit across all market segments on spot power exchanges

December 29, 2022

The Central Electricity Regulatory Commission (CERC) has issued suo-moto directions to the power exchanges to extend the price cap of Rs 12 per unit across all market segments traded on the power exchanges until further […]

Central Sector

Indian-assisted 720 MW Mangdechhu hydro project handed over to Bhutan’s DGPC

December 29, 2022

The India-assisted 720 MW Mangdechhu hydroelectric power project has been handed over to Druk Green Power Corporation (DGPC) in Bhutan. With the handing over of the project, India and Bhutan have successfully completed four mega […]

Private Sector

Cleantech Solar commissions 42 MWp solar PV projects in Maharashtra

December 29, 2022

Cleantech Solar has commissioned 42 MWp of solar photovoltaic (PV) projects for a global metal components manufacturer, at its 300 MWp of solar parks in Maharashtra. The power generated from these solar projects will be […]

International News

GCC launches Gulf electricity interconnection expansion project

December 29, 2022

The Electricity Interconnection Authority for Gulf Cooperation Council (GCC) has kickstarted the implementation of the Gulf electricity interconnection expansion project. The project intends to improve electrical energy transfer and exchange between GCC nations as well […]

Central Sector

MNRE permits time-extension to solar projects under CPSU scheme phase-II

December 28, 2022

The Ministry of New and renewable Energy (MNRE) has granted extension of time to solar power projects under tranche-I, tranche–II and tranche-III of central public sector undertaking (CPSU) scheme Phase-II till September 30, 2024. According […]

Private Sector

L&T Construction bags multiple orders for its power transmission and distribution business

December 28, 2022

The power transmission and distribution business of Larsen and Toubro (L&T) Construction has secured multiple engineering, procurement, and construction (EPC) orders in India and overseas. The renewables arm of the business has received an EPC […]

Central Sector

Ministry of Coal identifies more blocks to enhance coking coal production

December 28, 2022

The Ministry of Coal has identified four coking coal blocks and the Central Mine Planning and Design Institute will also finalise geological report for four to six new coking coal blocks in the coming months. […]

Private Sector

Adani Transmission incorporates arm for smart meter business

December 28, 2022

Adani Transmission Limited has formed a subsidiary, BEST Smart Metering Limited (BSML), to undertake the smart meter business. BSML is incorporated in India and registered with the Registrar of Companies, Gujarat at Ahmedabad on December […]

International News

Sembcorp commissions a 285 MWh energy storage facility in Singapore

December 28, 2022

Sembcorp Industries has successfully commissioned a 285 MWh energy storage system (ESS) facility on Jurong Island, making it the largest such facility in the Southeast Asia (SEA) region. The ESS is capable of storing and […]

Private Sector

Tata Power Renewable Energy receives LoA to set up 255 MW hybrid project for Tata Power-DDL

December 28, 2022

Tata Power Renewable Energy Limited (TPREL) has received the letter of award (LoA) from Tata Power Delhi Distribution Limited (Tata Power-DDL) for setting up a 255 MW hybrid (wind and solar) power project in Karnataka. […]

Central Sector

MoP signs MoU with DRDO for implementation of early warning system for vulnerable hydro projects

December 28, 2022

The Ministry of Power (MoP) has signed a memorandum of understanding (MoU) with Defence Research and Development Organisation (DRDO) for implementation of early warning system (EWS) for vulnerable hydro power stations. The MoP and DRDO […]

Reforms and Regulations

CERC issues directions pertaining to grid security

December 28, 2022

The Central Electricity Regulatory Commission (CERC) has issued suo-moto directions in the interest of grid security, in pursuance of the provisions of the Electricity Act, 2003 and the provisions of the CERC (Deviation Settlement Mechanism […]

Private Sector

Power Mech secures orders over Rs 10.34 billion from Adani Group and others

December 28, 2022

Power Mech Projects Limited has secured three projects totalling Rs 10.34 billion. A service order for execution of retrofitting of flue gas desulphurisation (FGD) system is from the Adani Group for its thermal power plants […]

Private Sector

IEX forms wholly owned subsidiary to explore business opportunities in carbon market

December 28, 2022

Indian Energy Exchange (IEX) has incorporated a wholly owned subsidiary company International Carbon Exchange Private Limited (ICX) to explore business opportunities in the voluntary carbon market. ICX will enable participants to buy and sell voluntary […]

Private Sector

HPX crosses 1 BUs of power trading since launch

December 28, 2022

Hindustan Power Exchange Limited (HPX) has reached the milestone of 1 billion units (BUs) of power traded within six months of its launch. With more than 360 market participants, HPX has also raced to register […]

Private Sector

Inox Green to acquire majority stake in independent O&M wind service provider

December 28, 2022

Inox Green Energy Services Limited will acquire a majority stake in an independent operation and maintenance (O&M) wind service provider that operates majorly in South India with a 230+MW fleet. This acquisition is a part […]

International News

World Bank approves USD 311 million for renewable energy projects in West Africa

December 28, 2022

The International Development Association (IDA), the concessional financing arm of the World Bank, has recently allocated funds worth USD 311 million under the Regional Emergency Solar Power Intervention Project (RESPITE). The project intends to strengthen […]

Private Sector

Jakson Group bags 121 MW solar project from Amplus Solar in Rajasthan

December 26, 2022

Jakson Group has bagged a 121 MW solar project from Amplus Solar in Bikaner, Rajasthan. The green capacity will be constructed on an engineering, procurement and construction mode. Once completed, the project is expected to […]

Central Sector

SJVN, Scatec India, and O2 Power win SECI’s 1.2 GW wind tender (Tranche XIII)

December 26, 2022

SJVN Limited, Scatec ASA (Scatec India II BV), and O2 Power have emerged as winners in Solar Energy Corporation of India Limited’s (SECI) wind auction (Tranche XIII) for 1.2 GW of projects connected to the […]

Central Sector

NTPC and Tecnimont sign MOU to explore green methanol production

December 26, 2022

NTPC Limited has signed a non-binding memorandum of understanding (MOU) with Tecnimont Private Limited, the Indian subsidiary of Maire Tecnimont Group, Italy, to jointly evaluate and explore the possibility to develop a commercial-scale green methanol […]

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