GE Power India Limited has recorded a net loss of Rs 590.2 million for the quarter ended June 2022 over a net loss of Rs 1,149.9 million recorded in the same quarter of previous year. […]
Tata Power and JP Infra Mumbai Private Limited have collaborated to install over 60 electric vehicle (EV) charging points across all JP Infra’s projects viz. JP North Garden City (North Euphoria, North Alexa, North Aviva, […]
Denmark-based Ørsted has signed a memorandum of understanding (MoU) with PetroVietnam Technical Services Corporation Mechanical and Construction (PTSC M&C) to collaborate on the development of offshore wind projects in Vietnam. The partnership aims to deliver […]
The accelerated development of power transmission infrastructure is crucial to realise India’s decarbonisation goals as it will help in evacuating a large quantum of renewables coming up across the country. However, the development of transmission […]
NTPC Limited will seek shareholders’ approval to raise up to Rs 120 billion through issuance of non-convertible debentures in annual general meeting on August 30, 2022. The funds to be raised in one or more […]
Power Grid Corporation of India Limited (PGCIL) has recorded a net profit of Rs 38.01 billion for the quarter ended June 2022, a decrease of 36.6 per cent over Rs 59.98 billion recorded in the […]
Torrent Power Limited has recorded a net profit of Rs 5.02 billion for the quarter ended June 2022, an increase of 141.6 per cent over Rs 2.08 billion recorded in the same quarter of previous […]
Infrastructure assets worth over Rs 1,624.22 billion are expected to be monetised during 2022-23. The various transactions proposed to be undertaken during 2022-23 include highway toll-operate-transfer (TOT) bundles and Infrastructure Investment Trust (InvIT) future rounds, […]
Adani Solar, a subsidiary of the Adani Group, has announced plans to diversify its retail distribution business in Maharashtra with Roofsol Energy Private Limited as the region’s official channel partner. Through this collaboration, Adani Solar […]
Electricity of Vietnam’s National Power Transmission Corporation (EVNNPT) has energised the 500 kV Vung Ang–Quang Trach line. Construction of the 32-km line between the 500 kV substations of Vung Ang (Ha Tinh) and Quang Trach […]
The Electricity (Amendment) Bill, 2022 has been introduced in the Lok Sabha. The bill provides to put in place enabling provisions to facilitate non-discriminatory open access to the distribution network of a distribution licensee. It […]
The Tenth Annual Integrated Rating and Ranking of Power Distribution Utilities has been released during the review planning and monitoring (RPM) meeting with states and state power utilities held on August 05, 2022. Further, the […]
Amp Energy India has signed a power purchase agreement (PPA) with Rewa Ultra Mega Solar Limited (RUMSL) in Madhya Pradesh to develop 100 MW/140 MWp capacity. RUMSL is planning a 600 MW floating solar park […]
REC Limited’s board has approved a proposal for subscribing 50 per cent equity not exceeding Rs 500 million in PFC Projects Limited, a power asset management company for taking over stressed assets. PFC Projects is […]
NTPC Limited has fully commissioned the 296 MW Fatehgarh solar project after making its fifth part capacity of the 48.8 MW commercially operational in Jaisalmer, Rajasthan on August 05, 2022. In another development, NTPC has […]
The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has announced the results of auction to purchase power from 500 MW of grid-connected intra-state solar projects (Phase-VII) on a long-term basis. SJVN Green Energy Limited (SGEL), […]
SJVN Limited through its renewable arm, SJVN Green Energy Limited (SGEL), has purchased 2,043 acres of land to set up a 1,000 MW solar power project in Bikaner, Rajasthan. In May 2022, the company awarded […]
Ohmium International, a USA-based electrolyser manufacturer, has collaborated with Spirare Energy, a Delhi-based energy system provider, to generate green hydrogen at NTPC Limited’s NETRA (NTPC Energy Technology Research Alliance) campus. The project will supply up […]
Construction work on Tanzania–Zambia Transmission Interconnection Project (TAZA) is expected to begin from January 2023 and be completed by January 2025. TAZA is part of the larger Zambia–Tanzania–Kenya (ZTK) project, which aims to link the […]
The Indian government has been promoting the Ethanol Blended Petrol (EBP) programme, with the aim of enhancing energy security, reducing imÂport dependency on fuel, saving foreign exchange, addressing environmental issÂues and providing a fillip to […]
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