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Home2022January

Month: January 2022

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State Sector

Delhi government signs pact with CESL for installation of EV charging stations

January 20, 2022

The Government of Delhi has signed an agreement with the Convergence Energy Services Limited (CESL) for installation of charging and battery swapping stations for electric vehicles (EVs). … The charging and battery swapping stations will […]

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Central Sector

PFCCL transfers two subsidiaries to ATL for implementing transmission projects

January 20, 2022

Power Finance Corporation Limited’s (PFC) arm PFC Consulting Limited (PFCCL) has transferred two wholly-owned subsidiaries to Adani Transmission Limited (ATL) for implementing power transmission projects The two subsidiaries that have beentransferred are Karur Transmission Limited […]

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Central Sector

GoI approves equity infusion of Rs 15 billion in IREDA

January 20, 2022

The Cabinet Committee on Economic Affairs under the Government of India (GoI) has approved the equity infusion of Rs15 billion in Indian Renewable Energy Development Agency Limited (IREDA).… This equity infusion will help in emission […]

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International News

Gen X Energy and ACE Enexor to co-develop a combined cycle power plant in the Philippines

January 19, 2022

Gen X Energy and ACE Enexor have announced plans to jointly develop a 1,100 MW combined cycle power plant project in the Philippines with the capability to use both natural gas and green hydrogen as […]

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Central Sector

20 states show interest for getting additional borrowing space for the power sector

January 19, 2022

The Ministry of Finance had launched a programme in June 2021 to allow additional borrowing space of Rs 800 billion to states, which is conditional on them undertaking and sustaining specific reforms in the power […]

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Central Sector

Power secretary reviews status of biomass utilisation in TPPs under SAMARTH

January 19, 2022

The union power secretary has reviewed the status of biomass co-firing and progress of the actions being taken to promote the co-firing in the thermal power plants (TPPs) under Sustainable Agrarian Mission on use of Agro Residue […]

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Central Sector

NTPC invites bids to develop 900 MW solar PV park in Republic of Cuba

January 19, 2022

NTPC Limited has invites bids from developers to build 900 MW solar photovoltaic (PV) park in Republic of Cuba. … NTPC, a corporate partner of International Solar Alliance (ISA),has been selected as the preferred partner for […]

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Central Sector

PFC-REC further reduce lending rates by 40 bps

January 19, 2022

Power Finance Corporation Limited (PFC) and REC Limited have further reduced their lending rates across all types of loans by 40 bps.… In the last about one year, both the organisations have reduced lending rates […]

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International News

PTT sets up JV to develop electric vehicles and battery production in Thailand

January 18, 2022

PTT Public Company Limited (PTT), the state oil and gas company, and Global Power Synergy (GPSC), its power generation subsidiary, have formed a joint venture (JV) to support the development of electric vehicles (EV) and […]

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Private Sector

TPREL commissions 100 MW solar PV projects in Uttar Pradesh

January 18, 2022

Tata Power Renewable Energy Limited (TPREL) has announced the commissioning of two solar photovoltaic (PV) projects of 50 MW each at Prayagraj and Banda in Uttar Pradesh. … The plants are expected to generate more […]

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Private Sector

Sterlite Power completes ownership transfer in IIML to Electron

January 18, 2022

Sterlite Power Transmission Limited has announced the successful sale of its remaining shareholding constituting 26 per cent of the equity shareholding in IndiGrid Investment Managers Limited (IIML)- investment manager of India Grid Trustto Electron IM […]

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Private Sector

TATA Projects secures orders worth $323 million in Africa

January 18, 2022

TATA Projects Limited has bagged orders totalling $323 million for transmission and distribution projects across Africa. … In the East Africa region, the company has been awarded a $79 million African Development Bank (AfDB) funded […]

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State Sector

HP government approves new energy policy

January 18, 2022

The Government of Himachal Pradesh has given nod to the Swaran Jayanti Energy Policy- 2021 which envisages clean and green energy development .… The state aims to add 10 GW of renewable energy (RE) capacity […]

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Central Sector

NTPC plans to raise up to $750 million via ECB

January 18, 2022

NTPC Limitedhas planned to raise up to $750 million through external commercial borrowing (ECB). … The company is looking to raise ECB in the form of term loan amounting to $500 million plus a green […]

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International News

Hitachi Energy delivers 150kV substation to ensure Java grid reliability

January 17, 2022

Japan-based Hitachi Energy has completed the delivery of a 150kV digital substation to state-owned PT Perusahaan Listrik Negara (PLN Persero) to ensure power supply stability of the East Java grid in Indonesia. … The digital […]

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Private Sector

JSW Group to raise Rs 22 billion loan to fund 450 MW wind power project

January 17, 2022

The JSW Group has planned to raise Rs 22 billion through bank loans to fund a 450 MW wind power unit in Tamil Nadu. JSW Renew Energy Two Limited (JRETL) is setting up power plants […]

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Central Sector

Power consumption increases by 1.5 per cent in the first fortnight of January 2022

January 17, 2022

The power consumption in India has increased marginally by 1.5 per cent during January 1, 2022 to January 14, 2022, to 49.34 BUs, as compared to the same period a year ago. … During January […]

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Central Sector

MNRE amends ALMM order to include open access, net-metering projects

January 17, 2022

The Ministry of New and Renewable Energy (MNRE) has amended the Approved Models and Manufacturers (ALMM) of Solar Photovoltaic Modules (Requirements for Compulsory Registration) Order, 2019 to include open access and net-metering projects. … The […]

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Reforms and Regulations

MoP releases revised consolidated guidelines and standards for EV charging infrastructure

January 17, 2022

The Ministry of Power (MoP) has released the revised consolidated guidelines andstandards for charging infrastructure for electric vehicles (EV) on January 14,2022. … The objective of the guidelines is to enable a faster adoption of […]

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International News

Samsung C&T Corporation awards transmission network contract in MENA

January 14, 2022

South Korean Samsung C&T Corporation has awarded a contract to Hitachi Energy for a sub-sea power transmission network to connect Abu Dhabi National Oil Company’s (ADNOC) offshore operations to Abu Dhabi National Energy Company’s (TAQA) […]

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