The Maharashtra Electricity Regulatory Commission (MERC) has given approvals to three power utility firms in Mumbai for procurement of 959 MW of renewable energy for city consumers. In the first order, it allowed Brihanmumbai Electric […]
NLC India Limited (NLCIL) has entered into a memorandum of understanding (MoU) with Grid Corporation of Odisha (GRIDCO) for setting up ground mounted/floating solar power projects, pumped hydro storage projects, green hydrogen and other renewable […]
The Odisha government has bagged 325 investment proposals valued at over Rs 8.90 trillion till the fourth day of the business summit. The metal, mineral, ancillary and downstream sector received the highest number of investment […]
Odisha government has announced its Renewable Energy Policy, 2022. The policy shall remain active till March 31, 2030. Large hydro, small hydro, pumped hydro, ground mounted solar, rooftop solar, floating solar, canal top solar, distributed […]
Tata Power Delhi Distribution Limited’s (TPDDL) auction for 255 MW of wind-solar hybrid power projects was won by Tata Power Renewable Energy Limited (TPREL). The price quoted by the company is Rs 3 per kWh. […]
Total Eren and PT Adaro Power have won the tender for the development of the Tanah Laut Wind Power Plant (PLTB) in South Kalimantan with a capacity of 70 MW. The consortium won the tender […]
By A.N. Mohammed, Consultant, NHPC Limited, and Biswajit Basu, Director (Projects), NHPC Limited The 2,000 MW Subansiri Lower Hydroelectric Project (SLHEP), India’s largest hydroelectric project (HEP) in terms of installed capacity, is at advanced stages […]
In an interview with Power Line on November 7, 2022, R. Lakshmanan, executive director, REC Limited, and chief executive officer, REC Power Development and Consultancy Limited (RECPDCL), spoke about REC’s recently published consumer service rating […]
The 2022 United Nations Climate Change Conference held at Sharm el-Sheikh in November 2022 concluded with the landmark agreement to create the first-ever Loss and Damage Fund (LDF). The fund will provide financial assistance to […]
The breakthrough agreement at the 27th Conference of the Parties (COP27) of the United Nations Framework Convention on Climate Change (UNFCCC) to set up a Loss and Damage Fund, which will provide financial assistance to […]
The Ministry of Power (MoP) has issued an order to waive off inter-state transmission system (ISTS) charges on transmission of electricity generated from new hydroelectric projects (HEPs) for 18 years from the date of commissioning. […]
The electricity traded in the day-ahead market in October 2022 was 4,325.01 MUs at the IEX and 3.01 MUs at PXIL. The average market clearing price range was Rs 2.98 per unit to Rs 4.68 […]
India’s electric vehicle (EV) market is growing by the day with over 1.3 million EVs as of July 2022. Although the share of EVs as a percentage of total vehicles on Indian roads is just […]
In a recent interview with Power Line, Akhilesh Awasthy, chief operating officer, Hindustan Power Exchange Limited (HPX), spoke about his perspective and outlook on the power trading sector. He spoke about the company’s performance, deployed […]
The power transmission sector is expected to face challenges posed by the changing power demand and energy mix. Huge investments would thus be required to strengthen and ramp up the country’s transmission system. According to […]
In a key development, the Ministry of Power (MoP) has recently issued a concept note on the pooling of tariffs of efficient coal and gas-based power generating stations that have completed 25 years or more. […]
KKR to invest $400 million in decarbonisation platform Serentica Renewables (India) KKR has signed definitive agreements to invest $400 million in Serentica Renewables. Serentica looks to deliver round-the-clock clean energy solutions for large-scale, energy-intensive industrial […]
Serentica Renewables, the newly formed renewable energy platform of Sterlite Power Transmission Limited, has been making headlines since its launch. The company recently clinched significant investments from leading American global investment firm KKR. On November […]
The captive capacity of Indian commercial and industrial (C&I) units is on the rise owing to the increasing affordability of variable renewable energy and the growing adoption of technologies such as IoT and data analytics. […]
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