Tata Power Solar Systems Limited has secured an order of 300 MW solar project worth Rs 17.31 billion from NHPC Limited. The project, located in Rajasthan, will be developed under the central public sector undertaking […]
NTPC Limited has announced the beginning of commercial operation of the first part capacity of 20 MW out of 56 MW Kawas solar photovoltaic project in Gujarat. With this, the standalone installed and commercial capacity […]
The African Development Bank (AfDB) has approved USD180 million in loans to improve transmission and last-mile connectivity in Rwanda The project will include the construction of 137 km of high voltage line and six substations […]
Coal India Limited’s subsidiary, Northern Coalfields Limited (NCL) has announced a planned capital expenditure (capex) of Rs 19 billion for 2022-23. Most of the capex in the current financial year would be spent on the […]
Rays Power Infra Private Limited has sold its solar projects in the states of Tamil Nadu, Karnataka and Telangana to two global investors, at an aggregate enterprise value of over Rs 7 billion. Post the […]
ReliancePower Limited has recorded a loss of Rs 6.06 billion in 2021-22 as compared to a profit of Rs 2.29billion recorded during the previous year. It has recorded aconsolidatedtotal income of Rs 76.87 billion during […]
The Indian Renewable Energy Development Agency Limited (IREDA) is keen to promote renewable energy (RE) projects in Odisha. In August 2021, the IREDA opened a branch office in Bhubaneswar, following which the company sanctioned five […]
The Union Minister of State for New and Renewable Energy has invitedglobal investors to invest in India’s renewable energy (RE) industry Currently around $196.98 billion worth of projects are underway in India.India has seen incredible […]
NHPC Limited has awarded engineering, procurement and construction (EPC) contracts worth Rs 66.04 billion for the development of grid-connected solar photovoltaic (PV) project (1,000 MW capacity) and transmission line for power evacuation to inter-state transmission […]
As per the International Energy Agency’s Renewable Energy Market Outlook for 2022 and 2023, renewable capacity additions are expected to increase over 8 per cent in 2022 compared with last year, pushing through the 300 […]
Security Bank Corporation has announced that it will entirely cease financing of all new coal-fired power plant projects in the Philippines by 2023.. The bank will instead focus on increasing its financing of low carbon […]
The Ministry of Mines and Energy (MME) has launched an EUR86.41 million project to build electricity transmission lines and distribution networks in the Kampong Cham, Kratie and Koh Kong provinces in Cambodia. The grid project […]
KPowerBhd has been selected as the successful bidder to develop small-scale hydro power plants with combined capacity of 40.4 MW in Malaysia as a part of Sustainable Energy Development Authority’s (SEDA) feed-in tariff (FiT) e-bidding […]
Adani Green Energy Limited’s (AGEL) management committee has approved the allotment of 20 million equity shares for Rs 38.50 billion to Green Energy Investment Holding RSC Limited. The company will issue equity shares by way […]
NTPC Limited has invited bids for raising term-loan of up to Rs 50 billion. Proceeds of the loan will be utilised towards capital expenditure for ongoing or new capacity addition programme, including the takeover of […]
Kalpataru Power Transmission Limited (KPTL) and its subsidiary, JMC Projects (India) Limited have secured new orders/ notification of awards of Rs 44.74 billion at consolidated level. KPTL has secured orders from India and international markets […]
JSW Infrastructure Limited has started commercial operations at the Paradip East Quay coal terminal in Odisha. The company has invested around Rs 13 billion to establish this terminal after signing a 30-year concession agreement in […]
Pursuant to its selection as the successful bidder under tariff based competitive bidding (TBCB), Power Grid Corporation of India Limited (PGCIL) has acquired 100 per cent equity of Khetri-Narela Transmission Limited (KNTL) for an aggregate […]
The Ministry of Power (MoP) has directed Power Finance Corporation Limited (PFC) and RECLimited to take necessary action to arrange short term loans for a period of six months with adequate safeguards, for imported coal-based […]
Nepal is planning to build a 400 kV transmission line along thePostal Highway to further strengthen east-west flow of power in the country. For this, the country is seeking a line of credit worth around […]
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