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Home2022April

Month: April 2022

No Picture
State Sector

Projects worth Rs 114.95 billion approved in Karnataka

April 21, 2022

The State High Level Clearance Committee (SHLCC) of Karnataka has approved a slew of industrial projects worth Rs 114.95 billion.This includes Rs 60.02billion investment from Exide Industries, which will set up lithium-ion cell manufacturing giga […]

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State Sector

500 kW solar plant in J&K’s Samba district completed

April 21, 2022

A 500-kilowatt solar plant has been completed in record 20 days’ time at PalliPanchayat in Jammu and Kashmir’s Samba district The plant, built at a cost of Rs 27.5 million, has been installed on a […]

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Private Sector

Hero Electric and BOLT to set up 50,000 EV charging stations

April 21, 2022

Hero Electric has partnered with BOLT, a leading electric vehicle (EV) charging network, to set up 50,000 charging stations in the country in the next one year. As part of the collaboration, BOLT chargers will […]

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Private Sector

Dabur India to induct 100 EVs for last-mile product distribution

April 21, 2022

Dabur India Limited has announced its plans to induct a fleet constituting 100 electric vehicles (EVs) into its supply chain for last-mile product distribution. This would make Dabur the first domestic consumer goods company to […]

Specials

Solar Comes Home: Residential rooftop PV finds growing takers

April 20, 2022

At the COP26 global climate summit in Glasgow in November 2021, India set an ambitious target to reach net zero emissions by 2070. Further, it anno­unced that it would increase its non-fossil energy capacity to […]

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International News

Meralco invites bidders for 1,030 MW supply in the Philippines

April 20, 2022

Manila Electric Company (Meralco) has invited interested bidders to supply around 1,030 MW of electricity in the Philippines The firm has issued separate invitations to compete for the 180 MW interim baseload demand and the […]

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Private Sector

Sterlite Power acquires stake in MTCIL for OPGW fiber network in Maharashtra

April 20, 2022

Sterlite Power has acquired 64.98 per cent equity stake in Maharashtra Transmission Communication Infrastructure Limited (MTCIL), a joint venture between Sterlite Technologies Limited (STL) and Maharashtra State Electricity Transmission Company Limited (MSETCL). MTCIL is a […]

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State Sector

Gujarat, Tamil Nadu, Haryana and Karnataka allow higher tariff for imported coal-based plants

April 20, 2022

Gujarat, Tamil Nadu, Haryana and Karnataka have resolved to allow nearly 8 GW power plants to recover higher imported coal costs through raised tariffs until December 2022. Karnataka will invoke a rare legislation to issue […]

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Central Sector

CIL’s supplies to the power sector up 14 per cent amid rising demand

April 20, 2022

Coal India Limited (CIL) has raised its supplies to thermal power stations by 14.2per cent during the first half of April 2022 as compared to similar period of April 2021. CIL’s supplies have become 1.64 […]

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Central Sector

SJVN achieves financial closure of the 66 MW Dhaulasidh HEP

April 20, 2022

SJVN Limited has achieved financial closure by signing of loan agreement amounting to Rs 4.94 billion with Himachal Pradesh State Co-operative Bank for development of 66 MW Dhaulasidhhydroelectric project (DSHEP) coming under Hamirpur and Kangradistrict […]

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Central Sector

MoP issues amendments in methodology for use of coal allocated to states by private generating stations (Case-4)

April 20, 2022

The Ministry of Power (MoP) has issued amendments in methodology for use of coal allocated to states by private generating stations (independent power producers (IPPs)) (Case-4),originally issued by it in February 2017 and subsequently amended […]

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International News

NVVE, Toyota Tsusho, and Chubu receives Japanese TSO approval for ancillary services

April 19, 2022

Nuvve Holding Corporation (NVVE)—a global cleantech company, Toyota Tsusho Corporation (Toyota Tsusho)—the trading arm of the Toyota Group, and Chubu Electric Power Miraiz Company (Chubu)—a high-tech demand response company in Japan, have announced that they […]

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Private Sector

Ohmium International closes $45 million series B financing

April 19, 2022

Green Hydrogen company,Ohmium International, has closed a $45 million series B financing in a round led by the existing investor Fenice Investment Group along with the participation from current major investors and new investor Energy […]

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Private Sector

Tata Power raises Rs 40 billion to fund growth of its renewable energy business

April 19, 2022

Tata Power Company Limited and BlackRock Real Assets-led consortium, including Mubadala Investment Company, have entered into a binding agreement to invest in Tata Power’s renewable energy (RE) subsidiary, Tata Power Renewable Energy Limited (TPREL). BlackRock […]

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State Sector

Chandigarh administration plans to adopt Resco model for solar plants

April 19, 2022

Chandigarh administration has plans to adoptrenewable energy service company (Resco) model for solar plants’ installation in the city. The union territory (UT) electricity department has agreed to the proposal of Chandigarh Renewable Energy Science and […]

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State Sector

RRECL and THDC sign an agreementfor setting up 10,000 MW solar park in Rajasthan

April 19, 2022

Rajasthan Renewable Energy Corporation Limited (RRECL) and THDC India Limited have signed an agreement for setting up solar park in Rajasthan. The park will have a capacity of 10,000 MW and the development of the […]

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Central Sector

Five states agree to liquidate dues worth Rs 900 billion

April 19, 2022

Five states, accounting for the bulk of power dues, have agreed on liquidatingabout Rs 900 billion in outstanding payments and subsidy liabilities of their electricity distribution companies that are on the verge of collapse. These […]

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International News

Construction begins on Jordan-Iraq interconnector

April 18, 2022

Jordan’s National Electric Power Company (NEPCO) has begun construction works on the Jordan-Iraq Power Transmission Project (JIPT), which involves the construction of 300-km-long, 400 kV transmission line connecting the Al-Risha substation in Jordan with the […]

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Central Sector

IIT Guwahati partners with NTPC for development of plant to capture CO2

April 18, 2022

Indian Institute of Technology (IIT), Guwahati has partnered with NTPC Limited to design and develop highly energy-efficient plant to absorb carbon dioxide (CO2) from power plants. The technology developed by researchers at IIT Guwahati works […]

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Central Sector

Ministry of Coal in discussion with World Bank for collaboration on coal mine closure framework

April 18, 2022

The Ministry of Coal is in discussions with the World Bank for collaboration on the mine closure framework. World Bank’s experience in handling mine closure cases in different countries will be highly beneficial and facilitate […]

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