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Home2022November

Month: November 2022

Central Sector

IREDA records a profit of Rs 1.84 billion in the quarter ended September 2022

November 15, 2022

Indian Renewable Energy Development Agency (IREDA) has recorded a net profit of Rs 1.84 billion for the quarter ended September 2022, an increase of 67.14 per cent over the net profit of Rs 1.10 billion […]

Private Sector

Serentica partners with Greenko for 1,500 MWhr renewable energy storage capacity

November 15, 2022

Serentica Renewables has entered into an agreement with Greenko Group to source 1,500 MWhr energy storage capacity through Greenko’s pumped storage projects located in India. As part of this partnership, Serentica will leverage Greenko’s energy […]

Private Sector

Sembcorp to acquire 100 per cent stake in GIP-backed Vector Green for Rs 27.80 billion

November 15, 2022

Sembcorp Industries’ wholly-owned subsidiary, Sembcorp Green Infra Limited, has signed an agreement with India Infrastructure Fund II, a fund managed by Global Infrastructure Partners India Private Limited to acquire 100 per cent interest in Vector […]

International News

Renewables production needs to increase by 10 GW to meet EV demands in Thailand

November 15, 2022

Thailand’s Ministry of Energy (MoE) has announced that renewable energy production needs to be increased by 10 GW to meet demands of electric vehicles (EVs) across the country. Currently, installed renewable energy capacity in Thailand […]

EXPERT OPINION

Hotline Maintenance: Proven live-line techniques enabling uninterrupted O&M for T&D utilities

November 15, 2022

By Harshal Malewar, Deputy Manager, Projects, North East Transmission Company Limited The ever-increasing demand for electric energy necessitates higher reliability in the transmission and distribution (T&D) of electrical energy. The in­creasing complexity of transmission networks, […]

News

Union Minister of Power & New and Renewable Energy launches the Green Energy Open Access portal

November 14, 2022

In continuation of several initiatives to promote  clean and green energy by Government of India, the Union Minister of Power and New & Renewable Energy, R K Singh launched the Green Energy Open Access Portal […]

Knowledge Bank

World Energy Outlook 2022: IEA Report

November 14, 2022

Today, the world is in the midst of the first truly global energy crisis, with impacts that will be felt for years to come. Russia’s unprovoked invasion of Ukraine in February has had far‐reaching impacts […]

Knowledge Bank

Study Report on FGD Implementation: IIT Delhi

November 14, 2022

Emissions from coal-based thermal power plants (TPPs) are known to have adverse impacts on the environment and human health. Combustion of coal in these TPPs releases sulfur dioxide (SO2), nitrogen oxides (NOx), carbon monoxide (CO), […]

Central Sector

NHPC board approves merger of subsidiary Jalpower Corporation

November 11, 2022

NHPC Limited’s board has approved a proposal to merge the company’s wholly owned subsidiary,Jalpower Corporation Limited (JPCL), with itself. NHPC had acquired JPCL and its 120 MW Rangit Stage-IV hydro power project in March 2021 […]

State Sector

Assam to install smart electric meters in all households to minimise energy loss

November 11, 2022

Assam is looking to install smart electric meters in almost every household across the state to minimise energy loss. The deadline for completion of the project has been fixed at March 31, 2025. The state […]

Central Sector

NHPC records a profit of Rs 16.86 billion in the quarter ended September 2022

November 11, 2022

NHPC Limited has recorded a net profit of Rs 16.86 billion for the quarter ended September 2022, an increase of 21.56 per cent over the net profit of Rs 13.87 billion recorded in the same […]

Private Sector

Torrent Power records a profit of Rs 4.84 billion in the quarter ended September 2022

November 11, 2022

Torrent Power Limited has recorded a net profit of Rs 4.84 billion for the quarter ended September 2022, an increase of 31.2 per cent over the net profit of Rs 3.69 billion recorded in the […]

Private Sector

Reliance Power records a loss of Rs 3.40 billion in the quarter ended September 2022

November 11, 2022

Reliance Power Limited has recorded a net loss of Rs 3.40 billion for the quarter ended September 2022, as compared to the net loss of Rs 1.33 billion recorded in the same quarter of previous […]

Central Sector

PFC records a profit of Rs 52.29 billion in the quarter ended September 2022

November 11, 2022

Power Finance Corporation Limited (PFC) has recorded a net profit of Rs 52.29 billion for the quarter ended September 2022, an increase of 4.1 per cent over the net profit of Rs 50.23 billion recorded […]

Private Sector

Kalpataru Power Transmission records a profit of Rs 980 million in the quarter ended September 2022

November 11, 2022

Kalpataru Power Transmission Limited has recorded a net profit of Rs 980 million for the quarter ended September 2022, an increase of 18.07 per cent over the net profit of Rs 830 million recorded in […]

Private Sector

IndiGrid records a profit of Rs 1.26 billion in the quarter ended September 2022

November 11, 2022

India Grid Trust (IndiGrid) has recorded a net profit of Rs 1.26 billion for the quarter ended September 2022, an increase of 85.3 per cent over the net profit of Rs 0.68 billion recorded in […]

Private Sector

Adani Green Energy records a profit of Rs 1.49 billion in the quarter ended September 2022

November 11, 2022

Adani Green Energy Limited has recorded a net profit of Rs 1.49 billion for the quarter ended September 2022, an increase of 49 per cent over the net profit of Rs 1 billion recorded in […]

Private Sector

Waaree Renewable Technologies records a profit of Rs 81.59 million in the quarter ended September 2022

November 11, 2022

Waaree Renewable Technologies Limited has recorded a net profit of Rs 81.59 million for the quarter ended September 2022, an increase of 89.79 per cent over the net profit of Rs 42.99 million recorded in […]

Private Sector

Suzlon Energy records a profit of Rs 564.7 million in the quarter ended September 2022

November 11, 2022

Suzlon Energy Limited has recorded a net profit of Rs 564.7 million for the quarter ended September 2022, as compared to the net loss of Rs 124 million recorded in the same quarter of previous […]

State Sector

Tamil Nadu government reduces peak hour power tariff for MSMEs

November 11, 2022

Tamil Nadu government has announced a reduction in the peak hour electricity charges for micro, small and medium enterprises (MSMEs) operating in the state to 15 per cent from 25 per cent for low tension […]

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