SJVN Limited has entered into an engineering, procurement and constructionagreement with Tata Power Solar Systems Limted to build a 1,000 MW solar project worth Rs 55 billion in Bikaner, Rajasthan. The contract includes end-to-end delivery […]
The Ministry of Power (MoP)has modified norms for pass through of higher cost of imported coal used bydomestic coal-based plants having power supply agreements with discoms under tariff-based bidding. … The domestic coal-based power plants, […]
TGS Green Hydrogen will invest around USD840 million in the development of Vietnam’s first green hydrogen plant to be located in the southern province of Ben Tre. … Construction on the facility is scheduled to […]
The Maharashtra State Power Generation Company Limited (Mahagenco) has signed agreements with three companies to buy an additional 1.3 milliontonne(mt) of coal for its seven power stations, in order to ensure adequate backup of coal […]
ABB’s e-mobility division has acquired a controlling stake in Numocity, a leading digital platform for electric vehicle charging solutions in India. Ideaspring Capital had led early investment in Numocity in January 2020 with Rebright Private […]
The Tripura government has adopted the Tripura Electric Vehicle (EV) Policy 2022 to promote EVs and curb vehicular pollution and save fuel. Tripura is the 15th state in the country and third in the northeastern […]
Coal India Limited (CIL) has recorded a profit of Rs 173.78 billion in 2021-22 as compared to profit of Rs 127.02 billion recorded during the previous year, registering a growth of 36.8 per cent. It […]
Tata Power Renewable Energy Limited (TPREL) has commissioned 100 MW/138MWp project for Maharashtra State Electricity Distribution Company Limited (MSEDCL) in Partur, Maharashtra.… The installation comprised of over 411,900 numbers of monocrystalline PV modules and is […]
The Ministry of Power (MoP) is working on a scheme to mitigate the financial woes of the distribution companies (discoms) that are unable to pay their dues. … Delay of payments by a discom to […]
Pestech International Bhd (Pestech) and Hydrogene de France SA (HDF) have signed a memorandum of understanding (MoU) to jointly explore potential for green hydrogen projects in Southeast Asia. The MoU will be in effect for […]
The Madhya Pradesh cabinet has decided to grant a subsidy of Rs 164.24 billion on power tariff to the farm sector for 2022-23. … This will be in addition to the Rs 55.84 billion subsidy […]
ReNew Power has signed a memorandum of understanding (MoU) with the Karnataka government to invest Rs 500 billion in the state over the next seven years. The company will be expanding and establishing solar, wind, […]
The Maharashtra energy department has signed an memorandum of understanding (MoU)worth Rs 500 billion with ReNew Powerat Davos for investments in renewable energy in the state for the next six to seven years.… The MoU […]
The power ministry has, reportedly, sought a two-year extension from the environment ministry for utilities to install emission controlequipment. … The power ministry, in a letter to the environment ministry, cited that higher costs, lack […]
ACME Solar Holding Limitedhas commissioned a 300 MW solar power project for Maharashtra State Electricity Distribution Company Limited (MSEDCL). The project, situated at village Badiseed in Jodhpur district of Rajasthan, will supply electricity to Maharashtra.This […]
The union minister of power and new and renewable energyhas asked the states and union territories (UTs) to set up state-level steering committees for energy transition. These committees will work under the chairmanship of the […]
South Sudan and Ethiopia’s state-owned utility, Ethiopian Electric Power (EEP), have signed a memorandum of understanding (MoU) for the supply of electricity and transmission interconnection projects to be implemented in two phases.… According to the […]
Olectra Greentech Limited (Olectra) has bagged an order for 2,100 electric buses from Bhrihanmumbai Electric Supply and Transport (BEST) worth Rs 36.75 billion. Evey Trans Private Limited (EVEY), an arm of Olectra, has obtained the […]
Rajasthan government has sought the intervention of the Chhattisgarh government for an early start of coal mining to help supplement fuel supplies for its electricity-generating projects at a time when the state is facing a […]
JSW Energy Limited will seek shareholders’ approval to raise up to Rs 50 billion through equity shares, bonds and other such securities.. The funds would be used to finance the requirements of capital and revenue […]
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