Himachal Pradesh government has launched 125 units of free electricity scheme for consumers. With this decision, over 1.4 million electricity consumers are getting zero electricity bills. Further, the state is generating surplus electricity. It has […]
Singapore-based independent power producer (IPP) Vena Energy and the green energy arm of Philippine power generator Meralco PowerGen Corporation (MGEN), MGen Renewable Energy, Inc. (MGreen), have launched the construction of 68 MW solar park in […]
The Chhattisgarh government plans to set up 1,320 MW thermal power plant (TPP) in Korba. The plant will have two units of 660 MW each and will be based on super critical technology. The plant […]
Gensol Engineering Limited has bagged orders worth Rs 1.53 billion for building solar power projects with capacity totalling 58.8 MW in August 2022. The company has secured orders for solar power projects in Jammu and […]
NHPC Limited has recorded a net profit of Rs 10.54 billion for the quarter ended June 2022, an increase of 7.2 per cent over the net profit of Rs 9.83 billion recorded in the same […]
Karnataka Electricity Regulatory Commission (KERC) has issued the draft Green Energy Open Access Regulations, 2022. According to the proposed regulations, consumers will be eligible for open access via the intrastate transmission system of the state […]
Tata Power is raising USD320 million sustainability-linked loans from overseas lenders led by Bank of America. The sustainability linked loans are usually as much as 25 basis points cheaper than regular loans. The company will […]
KKR and Company is in advanced negotiations to invest around USD400 million in Hero Group’s renewables energy company Hero Future Energies. KKR will be using its infrastructure fund as the vehicle for this investment. Hero […]
Sterling and Wilson Renewable Energy Limited has emerged as the L-1 bidder for the balance of system (BoS) package comprising 4 blocks of the proposed solar photovoltaic (PV) plant of NTPC Renewable Energy Limited at […]
Singapore-based independent power producer (IPP) Vena Energy has obtained JPY 5.36 billion green loan for the construction of a 17 MW Nihonmatsu Kaminagaori solar park in Japan’s Fukushima Prefecture. The green loan was extended under […]
Ambitious emission reduction programmes are driving unprecedented amounts of renewable energy into the grid as the world strives to emÂbrace a zero-carbon energy future. InteÂgrating reÂnÂewable energy resources while also imÂproÂving the reliability of India’s […]
REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, has handed over project specific special purpose vehicle (SPV) formed for construction of transmission project, i.e. Neemuch Transmission Limited to Power […]
Jammu and Kashmir’s Kishtwar district is set to become a major power hub in north India, as it will generate around 6,000 MW of power after the completion of the ongoing power projects. The 1,000 […]
Tata Power Delhi Distribution Limited (Tata Power-DDL) has announced a partnership with Anyline, a global leader in mobile data capture and artificial intelligence (AI), to reduce non-technical losses through the introduction of a new forensic […]
Zambia Electricity Supply Corporation (ZESCO) Limited, the state-owned power company of Zambia, has launched a tender for the development of three solar power plants with a combined capacity of 50 MW. The tender invites independent […]
Power Finance Corporation Limited (PFC) has signed a memorandum of understanding (MoU) with Mahatma Phule Renewable Energy and Infrastructure Technology Limited (MAHAPREIT) for extending financial assistance across the value chain in the form of long […]
Avaada Group has signed a memorandum of understanding (MoU) with the Department of Industries and Commerce, Government of Rajasthan, to set up a green ammonia facility and a renewable energy power plant. The plant is […]
SJVN Limited has entered into an agreement with Kalpataru Power Transmission Limited for construction of 220 kV direct current single zebra transmission line for 210 MW Luhri hydro electric project (HEP) Stage-1. The HEP project […]
NHPC Renewable Energy Limited (NHPC REL), a wholly owned subsidiary company of NHPC Limited, and the Government of Rajasthan have signed a memorandum of understanding (MoU) for the development of ultra mega renewable energy power […]
O2 Power Private Limited, a Delhi-based renewable energy independent power producer, has acquired a portfolio of solar power plants from Bangalore-based solar panel manufacturer, Emmvee Photovoltaic Power Private Limited. The plants are located in Karnataka […]
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