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Home2022July

Month: July 2022

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International News

Philippine BOI clears PHP2 billion solar project in Luzon

July 26, 2022

The Philippine Board of Investments (BOI) has approved development plans for a PHP2 billion Naga Solar Power Plant Projectin Luzon. BOI has approved the application for registration ofPAVI Green Renewable Energy Incorporated as a renewable […]

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Central Sector

MoP asks states to formulate plans for biomass co-firing in power plants

July 26, 2022

The Ministry of Power (MoP) has asked all states and union territories (UTs) to formulate time-bound plans to ensure the utilisation of biomass for co-firing in thermal power plants ahead of the Kharif harvest season […]

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Private Sector

CESL to float tender for 50,000 electric buses

July 26, 2022

Convergence Energy Services Limited (CESL), a subsidiary of Energy Efficiency Services Limited, is set to float tender for around 50,000 electric buses. The tender will look forward to infrastructure and transportation progress and also curbing […]

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State Sector

HERC approves purchase of 150 MW renewable energy from SECI

July 26, 2022

The Haryana Electricity Regulatory Commission (HERC) has authorised Haryana Power Purchase Center (HPPC) to purchase 150 MW of renewable energy from the Solar Energy Corporation of India Limited (SECI) with a guaranteed peak power supply. […]

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Private Sector

Tata Motors bags order of 1,500 electric buses from DTC under the CESL tender

July 26, 2022

Tata Motors has bagged an order of 1,500 electric buses from Delhi Transport Corporation (DTC) under the Grand Challenge of Convergence Energy Services Limited. Tata Motors will supply, operate and maintain air-conditioned, low-floor, 12-metre fully […]

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International News

PLN to build a 40 MW geothermal plant in Indonesia

July 26, 2022

PT Perusahaan Listrik Negara (PT PLN), a state-owned utility company, will construct a 40 MW geothermal power plant in Ulumbu, Indonesia. Five production well locations will supply steam to the power plant, while the brine […]

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Reforms and Regulations

MoP issues RPO and energy storage obligation trajectory till 2029-30

July 25, 2022

The Ministry of Power (MoP) has issued renewable purchase obligation (RPO) and energy storage obligation trajectory till 2029-30. According to this order, the total prescribed RPO will progressively increase from 24.61 per cent in 2022-23 […]

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Private Sector

Hitachi Energy India wins an HVDC link order from Adani Electricity Mumbai Infra

July 24, 2022

Hitachi Energy India Limited has won a major order from Adani Electricity Mumbai Infra Limited to provide a high voltage direct current (HVDC) transmission system linking Kudus to Mumbai. The new HVDC link will supply […]

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Private Sector

JSW Energy records a profit of Rs 5.55 billion in April-June 2022 quarter

July 24, 2022

JSW Energy Limited has recorded a profit of Rs 5.55 billion for the quarter ended June 2022, recording an increase of 165.55 per cent as compared to a profit of Rs 2.09 billion recorded during […]

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Private Sector

Hitachi Energy India records a profit of Rs 13.4 million in April-June 2022 quarter

July 24, 2022

Hitachi Energy India Limited has recorded a profit of Rs 13.4 million for the quarter ended June 2022, registering a decline of 91.78 per cent as compared to a profit of Rs 163 million recorded […]

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State Sector

Karnataka to import 0.4 million tonnes of coal during 2022-23

July 24, 2022

Karnataka has placed an order to import aroud 0.4 million tonnes of the coal during 2022-23. The move is in line with the central government’s directions to states to import 10 per cent of coal […]

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Central Sector

Unit 3 of Kakrapar atomic plant to start commercial operations by December 2022

July 24, 2022

Unit 3 of Kakrapar atomic plant is expected to start commercial operations by December 2022, after obtaining stage-wise regulatory clearances. Nuclear Power Corporation of India Limited (NPCIL) is building two 700 MW pressurised heavy water […]

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International News

ACWA Power signs MoU with POSCO Holdings to produce green hydrogen and ammonia

July 24, 2022

Saudi Arabia’s ACWA Power has signed a memorandum of understanding (MoU) with POSCO Holdings Inc, the holding company of South Korea’s steel producer POSCO Group, to jointly explore projects for the production of green hydrogen […]

EXPERT OPINION

Bringing Balance: Role of India’s power exchange in cross-border electricity trade

July 22, 2022

By Pankaj Batra, Project Director, SARI/EI/IRADe and Ex-Chairperson and Member (Planning), Central Electricity Authority Bulk power purchase globally as well as in India was long tied only to long-term power purchase agreements and still is […]

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Central Sector

NITI Aayog and NTPC sign statement of intent to develop net zero GHG emission roadmap for NTPC

July 21, 2022

NTPC Limited has signed a statement of intent with NITI Aayog to develop NTPC’s net zero green house gas (GHG) emissions roadmap in alignment with the government’s Panchamri’ goals announced during COP26. The statement of […]

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Private Sector

Hindustan Power Exchange crosses 100 MUs of power trading

July 21, 2022

Hindustan Power Exchange Limited (HPX), promoted by PTC India Limited, Bombay Stock Exchange, and ICICI Bank, has crossed 100 million units (MUs) mark of traded power since its launch. The peak volume achieved at HPX […]

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Private Sector

Azure Power develops 25 MW solar power project in Assam

July 21, 2022

Azure Power has developed 25 MW solar power project in Boko Solar Park at Bhalukghata, Boko in Kamrup district, Assam. The company will supply 57 million units of power annually. The power generated by the […]

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Private Sector

Hero Future Energies wins 10 MW grid-connected battery storage project

July 21, 2022

Hero Future Energies (HFE) has emerged as a successful bidder in Kerala State Electricity Board Limited’s (KSEBL) tender for the construction of a 10 MW/20 MWh grid-connected energy storage plant. This will be HFE’s first […]

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International News

Keppel to pilot membrane-based floating solar PV system in Singapore

July 21, 2022

Keppel Energy Nexus has announced plans to pilot a membrane-based nearshore floating solar photovoltaic (PV) system at Jurong Island in Singapore. This is set to be the first of its kind of renewable system in […]

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Central Sector

NHPC and DVC ink pact to set up joint venture firm for hydro and pumped storage project

July 20, 2022

NHPC Limited has signed a memorandum of understanding (MoU) with Damoder Valley Corporation (DVC) to explore formation of joint venture company (JVC) for exploring and setting up hydropower and pump storage projects. The MoU heralds […]

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