Torrent Power Limited has registered a consolidated total income of Rs 38.33 billion and a consolidated profit of Rs 3.69 billion in the third quarter of 2021-22, registering a year-on-year growth of 28.19 per cent […]
Project Eight Renewable Power (Ayana Renewable Power) and SolarOne Energy (Fortum)have won Solar Energy Corporation of India’s (SECI) auction for 1,200 MW interstate transmission system (ISTS)-connected solar power projects (Tranche-X) in Karnataka. Ayana was awarded […]
The Karnataka state government has signed a MoUwith Ather Energy and the electric supply companies (ESCOMs) of the state for setting up 1,000 fast-charging stations. According to the Karnataka government, ESCOMs would be the nodal […]
ReNew Energy Global (ReNew) has announced a share buyback worth USD250 million. The company’s board has authorised the repurchase of up to USD250 million of Class A ordinary sharesby way of open market purchases, which […]
Power Grid Corporation of India Limited’s board(Powergrid) has approved investments for transmission projects worth Rs 6.77 billion. The projects approved by the board include theTransmission system for evacuation of power from the Pakaldul hydroelectric energy […]
Operations and maintenance (O&M) of hydroelectric plants (HEPs) is crucial for efficient operations, maintaining long life of the plant and reducing failure rates. The lack of effective O&M processes can result in major losses in […]
Sales of electric vehicles (EVs) in India are growing exponentially, given that around 300,000 EVs were sold in calendar year 2021, registering a growth of 160 per cent compared to the previous year. EV sales […]
The majority of the coal-based capacity in the country uses indigenous coal, characterised by ash content of 24-63 per cent, which generates large quantities of fly ash on combustion. Fly ash is a source of […]
As per industry experts, there are three high-level smart grid security objectives: availability, integrity and confidentiality. The use of information is of utmost importance in a smart grid network. This is because a loss of […]
Given the fact that many regions in India are struggling to support essential services such as drinking water and irrigation, water is set to become a limiting factor in the growth of thermal power plants […]
Given the increasing renewable energy integration into the grid, hydropower is set to play a major role in addressing the intermittency and grid balancing requirements. Well-maintained hydropower assets offer significant benefits for a long period […]
The power sector in India faces huge financial losses due to energy wastage during transmission and distribution, besides being susceptible to considerable electricity downtime arising from various faults. Besides, recent technology breakthroughs in energy storage, […]
Energy storage is an integral component of electricity generation, transmission and distribution systems. Traditionally, energy storage needs have been met by physical storage of fuel for thermal power plants as well as through large-scale pumped […]
Japan-based power generator JERA plans to spend 160 billion yen (USD1.4 billion) to develop one GW of solar power farms in Japan over the next five years. Under the collaboration, JERA will ask West Holdings […]
State Bank of India (SBI) has entered into an agreement with Tata Power Solar Systems for financing of solar projects. SBI has also set up a centralised processing cell – ‘Surya Shakti Cell’, at the […]
Maharashtra State Electricity Distribution Company Limited (MSEDCL) has issued a request for proposal to acquire 865 MW of solar power from existing and new projects to be developed in the state. The tender’s ceiling tariff […]
Adani Green Energy Limited has registered a consolidated total income of Rs 14.71 billion and a consolidated profit of Rs 490 million in the third quarter of 2021-22, registering a year-on-year (YoY) growth of 74.5 […]
SJVN Limited has doubled its target of installed power generation capacity to 50,000 MW by 2040. The company has revised its shared vision to achieve 5,000 MW of capacity by 2023, 25,000 MW by 2030 […]
The Ministry of New and Renewable Energy (MNRE) has issued a simplified procedure for the residential consumers to get rooftop solar plants installed by themselves or through any vendor of their choice under the rooftop […]
Coal India Limited’s (CIL) supplies to power plants increased by around 23 per cent at 441.4 mt during April-January 2022 as compared to 358.2 mt same period last year. The company’s current despatch trend indicates, […]
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