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Home2022November

Month: November 2022

Private Sector

Tata Power Solar Systems and Union Bank of India partner to facilitate solar rooftop adoption in MSME sector

November 17, 2022

Tata Power Solar Systems Limited (TPSSL) has tied up with Union Bank of India (UBI) to help micro, small and medium enterprises (MSME) sector switch to solar solutions. The objective of this collaboration is to […]

Private Sector

PTC India Financial Services records a profit of Rs 1.30 billion in 2021-22

November 17, 2022

PTC India Financial Services Limited has recorded a profit of Rs 1.30 billion in 2021-22 as compared to a profit of Rs 0.26 billion recorded during the previous year, registering a growth of 400 per […]

International News

ADB and Indonesia to explore first coal utility retirement under ETM

November 17, 2022

The Asian Development Bank (ADB) and partners in Indonesia have signed a memorandum of understanding (MOU) to deliberate for the early retirement of 660 MW Cirebon-1 coal-fired power plant in West Java. ADB’s MOU with […]

No Picture
Company Release

GE and IRENA sign collaborative agreement at COP27 to support the global climate change agenda

November 17, 2022

GE has signed a framework agreement with the International Renewable Energy Agency (IRENA) to collaborate on a plan to support both climate change and energy security at the 27th Conference of the Parties (COP27) of […]

Central Sector

MNRE issues tender for 4 GW offshore wind power projects in Tamil Nadu

November 17, 2022

The Ministry of New and Renewable Energy (MNRE) has issued a tender to lease sea-bed blocks for carrying out survey and subsequent development of offshore wind energy projects off the coast of Tamil Nadu. The […]

Private Sector

ReNew Power signs framework agreement with Egypt Government to establish a green hydrogen plant in the Suez Canal Economic Zone

November 17, 2022

ReNew Power Private Limited has signed the framework agreement with the Government of Egypt to set up a green hydrogen plant in the Suez Canal Economic Zone. The agreement entails an investment of USD8 billion […]

Private Sector

KEC International wins new orders worth Rs 12.94 billion

November 17, 2022

KEC International Limited has secured new orders worth Rs 12.94 billion across its various businesses. The transmission and distribution business has secured a large order for supply of towers in Americas, secured by its Brazilian […]

Private Sector

Vedanta Aluminium deploys IoT technology for water conservation at its power plants

November 17, 2022

Vedanta Aluminium has deployed internet of things (IoT) based technology for cooling water analysis and overall reduction in water consumption at its power plants at Jharsuguda, Odisha. These power plants make use of a recirculating […]

Private Sector

Tata Power-DDL signs MoU with TERI to create a sustainable and low-carbon future

November 17, 2022

Tata Power Delhi Distribution Limited (Tata Power-DDL) has signed a memorandum of understanding (MoU) with The Energy and Resource Institute (TERI) to promote Urja Arpan initiative. The collaboration promotes the core strengths of both entities […]

International News

Indonesia’s PLN units to study ammonia co-firing in TPPs

November 17, 2022

Indonesian Perusahaan Listrik Negara’s (PLN) units have agreed to conduct a joint study on the use of green ammonia at two coal-based thermal power plants (TPPs) in Java island, to reduce carbon emissions. Under the […]

Central Sector

India submits its long-term low emission development strategy to UNFCCC

November 15, 2022

India has submitted its long-term low emission development strategy to the United Nations Framework Convention on Climate Change (UNFCCC), during the 27th Conference of Parties (COP27). The focus of the strategy will be on the […]

State Sector

India Hydrogen Alliance and Kerala government to build Kochi green hydrogen hub

November 15, 2022

India Hydrogen Alliance (IH2A) and the Kerala government are evaluating the proposal to build the Kochi Green Hydrogen (KGH2) Hub. The proposal envisages potential capital expenditure of USD575 million, to build a 60-tonnes per day […]

Private Sector

GE Power records a loss of Rs 1,125.7 million in the quarter ended September 2022

November 15, 2022

GE Power India Limited has recorded a net loss of Rs 1,125.7 million for the quarter ended September 2022, as compared to the net profit of Rs 393.3 million recorded in the same quarter of […]

Private Sector

Sunsource Energy to double its solar energy target to 1 GW by 2027

November 15, 2022

SunSource Energy, the Indian subsidiary of SHV Energy, has announced that it will double its solar energy deployment target from 550 MW to 1 GW by 2027. The increased solar energy capacity will support a […]

International News

Southern Cable wins contract to supply power cables to Sarawak Energy’s distribution network

November 15, 2022

Southern Cable Sdn Bhd has secured a contract amounting to RM83.2 million to supply power cables and conductors to Sarawak Energy Bhd’s distribution network in Malaysia. The contract is valid for a period of 18 […]

Knowledge Bank

India submits its Long-Term Low-Carbon Development Strategy to UNFCCC at COP27

November 15, 2022

India has submitted its Long-Term Low Emission Development Strategy to the United Nations Framework Convention on Climate Change (UNFCCC) during the 27th Conference of Parties (COP27). The salient features of the strategy are as under: The […]

Webinars

PowerLine’s Virtual Roundtable on Electricity (Amendment) Bill, 2022

November 15, 2022

The much-awaited Electricity (Amendment) Bill, 2022 was finally introduced in Parliament in August this year. In its current form, it has proposed significant changes to the flagship Electricity Act, 2003. Most importantly, it proposes to […]

Central Sector

POSOCO is now Grid Controller of India Limited

November 15, 2022

India’s national grid operator Power System Operation Corporation Limited (POSOCO) has changed its name to Grid Controller of India Limited. The change in name has been made to reflect the critical role of grid operators […]

Central Sector

Green energy open access portal launched

November 15, 2022

The green energy open access portal has been launched. Any consumer with a connected load of 100 kW or above can get renewable energy through open access from any renewable energy generating plant set up […]

Private Sector

Adani Power records a profit of Rs 6.96 billion in the quarter ended September 2022

November 15, 2022

Adani Power Limited has recorded a net profit of Rs 6.96 billion for the quarter ended September 2022, as compared to the net loss of Rs 2.31 billion recorded in the same quarter of previous […]

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