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Home2022June

Month: June 2022

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Private Sector

GE arm buys 49 per cent stake in Continuum’s Morjar project

June 15, 2022

GE Energy Financial Services (EFS), an arm of GE, has acquired 49 per cent stake in Continuum Green Energy (India) Private Limited’s 148.5 MW Morjar onshore wind project in Gujarat. Continuum will continue to own […]

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Private Sector

Mumbai airport launches hybrid power generation project

June 15, 2022

Mumbai International Airport Limited (MIAL) has become India’s first airport to launch a renewable hybrid power generation project involving wind and solar energy. The 10 kWp hybrid solar mill consist of 2 kWp turbo mill […]

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International News

Bangladesh allocates BDT260 billion to energy sector for 2022-23

June 15, 2022

The finance ministry of Bangladesh has allocated BDT260.66 billion for the power and energy sector in the proposed national budget for the fiscal year (FY) 2022-23. The government is investing in expanding the power network […]

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Private Sector

Torrent Power acquires 50-MW solar plant for Rs 4.16 billion in Telangana

June 14, 2022

Torrent Power Limited has completed acquisition of a 50 MW solar power plant in Telangana from SkyPower Group for Rs 4.16 billion. The long-term power purchase agreement for the project is with Northern Power Distribution […]

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Private Sector

Petronas and Microsoft enter agreement for 100 MW solar project in Rajasthan

June 14, 2022

Petronas through its subsidiary Amplus Solar, has entered into a long-term renewable energy agreement with Microsoft Corporation for a 100 MW solar project in Rajasthan. The project is currently under development by Amplus Solar. Both […]

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Private Sector

TotalEnergies to acquire 25 per cent minority stake in Adani New Industries

June 14, 2022

TotalEnergies will acquire a 25 per cent minority interest from Adani Enterprises Limited (AEL) in Adani New Industries Limited. The partnership, centered on green hydrogen, is expected to transform the energy landscape both in India […]

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Private Sector

Azure Power ties up with Premier Energies for supply of modules

June 14, 2022

Azure Power Global Limited has executed a module supply agreement with Premier Energies Group for supply of modules up to 600 MW per annum for the next four years. The company has also entered into […]

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State Sector

Ludhiana gets state’s first 66 kV line on monopoles

June 14, 2022

A new 66 kV power line has been commissioned on monopoles in Ludhiana’s several areas. This is projected to be first-of-its-kind initiative by the Punjab state government. As many as 49 monopoles have been installed […]

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State Sector

Delhi government urges MoP to allow it to retain 728 MW from Dadri II plant

June 14, 2022

The Delhi government has written to the Ministry of Power (MoP) for allowing it to retain 728 MW of electricity from NTPC Limited’s Dadri-II plant. Without Dadri-II, demand-supply deficit will increase, risking outages in Delhi, […]

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International News

Prime Infra to develop 3.5 GW solar-plus-storage project in the Philippines

June 14, 2022

Prime Infrastructure Holdings Incorporated has announced plans to develop a 2.5 GW- 3.5 GW solar-plus-storage project in the Philippines. The facility will include a battery energy storage system (BESS) with a capacity between 4,000 MWh […]

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International News

New renewable energy agreements signed in the Philippines

June 14, 2022

New renewable energy agreements have been signed in the Philippines. The first agreement was signed between Alsons Power Group, the power platform of Alsons Consolidated Resources Incorporated and the Development Bank of the Philippines for […]

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International News

SEB to decommission the Sejingkat coal power plant in Malaysia

June 13, 2022

Sarawak Energy Bhd (SEB) has announced plans to gradually phase out operations of the 210 MW Sejingkat coal-fired power plant in Malaysia. The plant’s decommissioning is expected to be finished by 2026. The Sejingkat power […]

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Private Sector

Amara Raja bags project to set up green hydrogen fueling station in Leh

June 13, 2022

Amara Raja Power Systems Limited has been awarded  the project of setting up India’s first green hydrogen fueling station in Leh, Ladakh by NTPC Limited. To begin with, NTPC plans to ply five hydrogen fuel […]

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State Sector

Assam government to set up 1 GW solar plant with NLC India

June 13, 2022

Reportedly, the Assam government plans to set up a joint venture company with NLC India Limited to set up one GW of solar power in Assam. A memorandum of understanding (MoU) will be signed with […]

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Private Sector

Axis Energy commissions 445 MW solar power plant in Rajasthan

June 13, 2022

Axis Energy Ventures India Private Limited has commissioned a 445 MW solar plant in partnership with Brookfield Renewables India in a record time of 6 months in Jodhpur, Rajasthan. The project was jointly developed by […]

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Central Sector

India’s peak power demand touches record level of 211 GW

June 13, 2022

India’s peak power demand has touched an all-time high of 211.86 GW on June 10, 2022 amid continued heatwave in the country and expanding economic activities. On June 09, 2022, the peak power demand was […]

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Reforms and Regulations

CERC issues draft Sharing of Inter-State Transmission Charges and Losses (First Amendment) Regulations, 2022

June 13, 2022

The Central Electricity Regulatory Commission (CERC) has issued the draft CERC (Sharing of Inter-State Transmission Charges and Losses) (First Amendment)  Regulations, 2022. As per draft amendment, bills for transmission charges will be raised on the […]

EXPERT OPINION

Energy Cooperation: Lighting up South Asian economies and building an integrated regional power market

June 13, 2022

By Rohit Bajaj, Head and Senior Vice-President, Business Development; and Shruti Bhatia, Head, Corporate Communications, IEX Limited The South Asian countries have been engaged in cross-border electricity trade (CBET) for over a decade now through […]

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International News

First nuclear power plant to open in Indonesia by 2045

June 12, 2022

The Government of Indonesia has announced plans to subsidise renewable energy (RE) projects as well as open the country’s first nuclear power plant by 2045. A draft legislation has been submitted to the parliament laying […]

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Private Sector

Siemens Gamesa signs deal to supply wind turbines for 133 MW project with Vena Energy

June 12, 2022

Siemens Gamesa Renewable Energy has signed a deal with Vena Energy to supply its industry leading 3.X platform turbines to a 133 MW wind project in Koppal District, Karnataka. In total, the company will deliver […]

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