Bharti Airtel has won a cellular internet of things (IoT) solution mandate with Tata Power Western Odisha Distribution Limited (TPWODL). The mandate will see Airtel power 200,000 smart meters with an IoT solution. Of the […]
The timeline for completion of the Rs 70.17 billion deal to acquire thermal power assets of DB Power Limited has been extended by one month till December 31, 2022. Earlier, the company had extended the […]
Rajasthan Urja Vikas Nigam Limited (RUVNL) has decided to move the Supreme Court after Adani Power approached the apex court demanding Rs 13.76 billion from the state power companies as late payment surcharge (LPS). Power […]
Inox Wind Limited and its’ subsidiary Inox Green Energy Services Limited, as part of the strategic initiative to deleverage their respective balance sheets, have recently paid Rs 2.50 billion and Rs 1.61 billion (aggregating to […]
Pakistan’s state-owned high voltage network developer, National Transmission and Despatch Company Limited (NTDC), has laid the foundation stone for the 500 kV Suki Kinari transmission line project. The project entails the construction of a 75-km-long, […]
By 2040, India will be responsible for 25% of the increase in global energy demand. To meet this hunger for energy, the country is focusing strongly on renewable energy generation and modernizing power grids. Gridspertise […]
Philippines’ transmission network operator, National Grid Corporation of Philippines (NGCP), is seeking approval from the Energy Regulatory Commission (ERC) for six transmission projects worth PHP20.3 billion. According to the concessionaire, these projects need to be […]
The board of Indian Energy Exchange (IEX) has accorded in-principle approval for the formation of a wholly-owned subsidiary company in India to explore business opportunities in the carbon market. The carbon market is a trading […]
The Goa government is looking at setting up wind power plants as a demonstration project, at Goa University. The Goa Energy Development Agency (GEDA) has invited tenders for the supply, installation, testing, commissioning, and maintenance […]
The central government is looking to sell 5-10 per cent stake in Coal India Limited, Hindustan Zinc Limited, and Rashtriya Chemicals and Fertilizers Limited via the offer-for-sale (OFS) mechanism. Reportedly, according to estimates, at current […]
Coal India Limited (CIL) has been offered the freedom to pass mine closure costs on to consumers, but it has not taken any such step yet. CIL may consider levying an additional fee on a […]
India is taking steps for the development of small modular reactors (SMR), with up to 300 MW capacity to fulfill its commitment to clean energy transition. For the development of SMR technology in the country, […]
The Ministry of Power (MoP) has launched a scheme for procurement of aggregate power of 4,500 MW on competitive basis for five years on finance, own and operate (FOO) basis under B (v) of SHAKTI […]
SJVN Limited has commissioned a 75 MW solar power project at Parasan solar park in Uttar Pradesh. With the Parasan solar power project achieving commercial operation, the power producer’s installed generation capacity stands at 2,091.5 […]
Kerala has secured Rs 8.17 billion loan from KfW for implementation of green energy corridor (GEC) projects of Kerala State Electricity Board (KSEB) Limited. The state government is implementing the GEC projects at an estimated […]
Telangana’s Yadadri thermal power plant (TPP) is likely to be commissioned in September 2023. The 4,000 MW TPP is billed as the biggest TPP to be set up in the public sector. The plant is […]
The board of Indian Energy Exchange (IEX) has approved a proposal to buyback equity shares of upto Rs 980 million at a price not exceeding Rs 200 per share through open market route. The indicative […]
Lenders to distressed electricity producer SKS Power Generation (Chhattisgarh) Limited have extended the due diligence deadline for prospective buyers for a third time to December 9, 2022, pushing back the timeline for the resolution of […]
Adani Group company has sought licence for expanding its power distribution business into more areas of Mumbai, including the country’s largest container port Jawaharlal Nehru Port Trust (JNPT). Adani Electricity Navi Mumbai (AENM) has approached […]
Saudi Arabia-based ACWA Power has signed a memorandum of understanding (MoU) with PTT Public Company Limited (PTT) and Electricity Generating Authority of Thailand (EGAT) to develop a USD7 billion facility in Thailand to produce green […]
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