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Home2022July

Month: July 2022

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Central Sector

NTPC signs MoU with Moroccan Agency for Sustainable Energy for cooperation in renewable energy

July 20, 2022

NTPC Limited has signed a memorandum of understanding (MoU) with Moroccan Agency for Sustainable Energy (MASEN) for cooperation in renewable energy sector. The MoU between NTPC and Masen, which are pioneers in the field of […]

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Central Sector

World Bank to fund Himachal Pradesh power sector

July 20, 2022

The central government will provide a financing facility worth about Rs 16 billion through the World Bank for Himachal Pradesh Power Sector Development Program. The total program cost will be approximately Rs 20 billion with […]

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Private Sector

Hindalco Industries signs MoU for aluminum air batteries for EVs

July 20, 2022

Hindalco Industries Limited has signed a memorandum of understanding (MoU) with Israel-based companies Phinergy and IOC Phinergy Private Limited (IOP)to produce aluminium-air batteries for electric vehicles (EVs) and energy storage. IOP is a joint venture […]

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Private Sector

CyanConnode connects over 1 million smart meters on its RF network in India

July 20, 2022

CyanConnode Holdings plc has announced that over 1 million smart meters are currently communicating on its radio frequency (RF) network in India. CyanConnode has deployed its RF communication infrastructure for smart meters in nine states, […]

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Private Sector

Tata Power-DDL to purchase 300 MW renewable power under short-term contract

July 20, 2022

Tata Power Delhi Distribution Limited (Tata Power-DDL) has requested bids for the purchase of upto 300 MW round-the-clock non-solar renewable power under a short-term contract. The periods of the contract will be from August 16, […]

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International News

Funding platform launched to finance coal retirement and renewable energy projects in Indonesia

July 20, 2022

The Government of Indonesia has launched a funding platform to finance upcoming renewable energy projects as well as to retire existing coal-fired power plants in the country. PT Sarana Multi Infrastruktur (SMI) has been appointed […]

Renewables

Rise and Fall: Recent renewable energy tariff trends

July 20, 2022

In the decade spanning 2010-20, se­v­eral countries shifted away from feed-in tariffs (FiTs) to the process of auctions for allocating projects. With an inc­re­asing number of countries making this move, India too adopted the new […]

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Central Sector

NTPC and IOCL sign agreement for powering IOCL refineries with renewable energy

July 19, 2022

NTPC Limited and Indian Oil Corporation Limited (IOCL) have signed an agreement for the formation of a joint venture (JV) company for meeting the power requirements of upcoming projects of Indian Oil refineries. NTPC Green […]

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Central Sector

DVC unveils Rs 500 billion expansion plan to double power capacity

July 19, 2022

Damodar Valley Corporation (DVC) has unveiled a growth roadmap to double its installed capacity of 6,900 MW at an investment of around Rs 500 billion over the next seven-eight years, with focus on renewables. The […]

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State Sector

Rajasthan government approves power projects of 2,120 MW capacity

July 19, 2022

The Rajasthan government has approved proposals for setting up two units of 660 MW capacity each at Chhabra Thermal Power Plant (TPP) and a 800 MW unit at Kalisindh TPP. Expanding the Chhabra TPP, two […]

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State Sector

Tamil Nadu electricity tariff to go up from September 2022

July 19, 2022

The Tamil Nadu government has proposed a tariff hike for all consumers by 12 per cent to 52 per cent from September 2022. As per the revised tariff, those who paid Rs 170 for 200 […]

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Private Sector

GreenZo Energy to develop 50 MW hydrogen capacity in Nepal

July 19, 2022

GreenZo Energy will set up green hydrogen capacities totalling 50 MW at various locations in Nepal. GreenZo Energy has signed a memorandum of understanding (MoU) with API Power Company Limied to develop 50 MW green […]

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International News

Government of Burkina Faso and GreenYellow inaugurate 30 MW Nagréongo solar plant

July 19, 2022

The Government of Burkina Faso has inaugurated Nagréongo 30 MW photovoltaic (PV) power plant in Oubritenga Province. The solar plant is built under a public-private partnership between the Ministry of Energy of Burkina Faso and […]

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Central Sector

EESL to invest Rs 1.50 billion for upscaling energy efficiency projects

July 18, 2022

Energy Efficiency Services Limited (EESL) and Bureau of Energy Efficiency (BEE) organised a workshop on the Demonstration of Energy Efficiency Project (DEEP), in association with Gujarat Energy Development Agency (GEDA), and state designated agencies of […]

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Central Sector

CIL authorises PT Bara Daya Energy to import 791,000 tonnes coal

July 18, 2022

Coal India Limited (CIL) has given the contract to PT Bara Daya Energy consortium to import 791,000 tonnes of coal for supplying to gencos during August and September 2022. The gencos that have expressed their […]

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Private Sector

Vedanta to bring into operation two coal blocks in 2022-23

July 18, 2022

Vedanta Limited expects to bring into operation two coal blocks in Odisha in this fiscal and is working out a plan to fast-track the operationalisation of another coal mine in the state. The company intends […]

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Private Sector

CESL signs pact with Three Wheels United to procure 70,000 electric three-wheelers

July 18, 2022

Convergence Energy Services Limited (CESL), a wholly-owned subsidiary of Energy Efficiency Services Limited (EESL), has signed a memorandum of understanding (MoU) with Three Wheels United (TWU) for procurement of 70,000 electric three-wheelers (E3Ws) for Indian […]

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State Sector

GVMC commissions 3 MW floating solar plant on Meghadrigedda reservoir in Visakhapatnam

July 18, 2022

Greater Visakhapatnam Municipal Corporation (GVMC) has commissioned a 3 MW floating solar power project at Meghadrigedda Reservoir in Visakhapatnam. The Asian Development Bank has granted Rs 140 million urban climate change resilience trust fund for […]

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Private Sector

Syngene to acquire 26 per cent share in Ampyr’s SPV

July 18, 2022

Syngene International has agreed to buy a 26 per cent equity stake in Ampyr Renewable Energy Resources Eleven Private Limited (AREREPL), a special purpose vehicle (SPV) of Ampyr India Asset Holdings. The estimated cost of […]

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International News

Trina Solar to build 50 MW floating solar project in Malaysia

July 18, 2022

China-based Trina Solar Company Limited has secured a contract from Sarawak Energy Berhad to construct a 50 MW floating solar photovoltaic (PV) project on a hydroelectric plant’s reservoir in Sarawak, Malaysia. The facility will be […]

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