SJVN Limited has bagged 83 MW floating solar project to be developed at Omkareshwar in district Khandwa, Madhya Pradesh. The project has been secured at Rs 3.70 per unit on build, own and operate basis […]
The State Bank of India (SBI) has been granted an additional €150 million low-interest loan from Germany’s KfW Development Bank to fund solar projects in India. The loan agreement was signed by the two banks […]
Thailand-based EGATi has called off plans to build a 1,320 MW coal-fired power plant in Vietnam’s Quang Tri province due to lack of funding and the country’s transition to clean energy. EGATi has stated that […]
REC Limited has launched the first-ever consumer services rating of discoms (CSRD) for the financial year 2020-21. REC was entrusted the responsibility by the Ministry of Power (MoP) to carry out the study across the […]
Wärtsilä has launched its next-generation grid balancing technology, designed to provide flexible grid capacity even in adverse weather conditions and enable renewables to perform as the lowest-cost, most resilient power source for grids worldwide. The […]
Power Grid Corporation of India Limited (Powergrid) is currently exceuting projects worth around Rs 457 billion, a 66 per cent increase over the Rs 275 billion work-in-hand the company had in same period last year. […]
The Ministry of Coal has clarified that supply of coal to the power sector is regularly being supervised by the ministry in close coordination with the Ministries of Power and Railways. As a result of […]
Tata Power Renewable Energy Limited (TPREL) has received the letter of award (LoA) from the Maharashtra State Electricity Distribution Company Limited (MSEDCL) to set up 150MW solar project in Solapur, Maharashtra. The LoA was won […]
Haryana Rail Infrastructure Development Corporation Limited (HRIDC), a joint venture of the Haryana government and union railway ministry, has signed an agreement with Railway Energy Management Company Limited (REMCL) for development of renewable energy projects […]
Tamil Nadu government has inaugurated 14 new substations set up by Tamil Nadu Generation and Distribution Corporation Limited in different districts, apart from the 57 existing substations where old transformers have been replaced with new […]
Coal India Limited’s capital expenditure has grown by 33 per cent to Rs 70.27 billion in April-September 2022 as compared to the year-ago period. The company’s capex in the year-ago period stood at Rs 53 […]
The presidents of the United Arab Emirates (UAE) and Egypt witnessed the signing of an agreement to develop one of the largest onshore wind projects in Egypt. The memorandum of understanding was signed between the […]
By Swapan K. Bhowmick, Advisor, Teestavalley Power Transmission Limited Insulation coordination is the process of correlating the dielectric strength of electrical equipment and the characteristics of protective devices with expected over-voltages. The entire aspect of […]
The Ministry of Power (MoP) is considering notification of renewable generation obligation in accordance with Tariff Policy 2016, to enhance the generation and utilisation of renewable energy in the country. Under the Tariff Policy notified […]
PTC India Limited has received offers to supply up to 3,500 MW of renewable energy against 1,000 MW that the company had requested. Around 14 renewable energy producers have submitted the offer. This is a […]
KKR has signed definitive agreements to invest $400 million in Serentica Renewables, a decarbonisation platform that seeks to enable the energy transition by providing complex clean energy solutions for energy-intensive and hard-to-abate industries. Serentica looks […]
Bank of America has extended approximately Rs 8 billion to ReNew Power, in the first local project financing deal by the lender in the renewable energy sector. The five-year rupee-denominated green loan facility will help […]
The central government has suggested that state-run majors take over 29 hydel projects entailing estimated investments of up to Rs 2.7 trillion that are languishing with private developers. The projects have a combined capacity of […]
Coal India Limited has recorded a net profit of Rs 60.44 billion for the quarter ended September 2022, an increase of 106 per cent over the net profit of Rs 29.33 billion recorded in the […]
KEC International Limited has recorded a net profit of Rs 552.4 million for the quarter ended September 2022, a decrease of 31.2 per cent over the net profit of Rs 802.9 million recorded in the […]
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