The central government has decided to grant waiver of inster-state transmission system (ISTS) charges to off-shore wind projects and green hydrogen/green ammonia. This will facilitate wider execution of offshore wind energy initiatives, to promote the […]
The Central Electricity Regulatory Commission has issued an approach paper on terms and conditions of tariff regulations for the tariff period — April 1, 2024 to March 31, 2029. The commission has noted that the […]
The Central Electricity Regulatory Commission (CERC) has notified the CERC (Indian Electricity Grid Code) Regulations, 2023. These regulations will apply to all users, state load despatch centres (SLDCs), renewable energy management centres, regional load despatch […]
PTC India Limited has recorded a net profit of Rs 5.07 billion during the financial year 2022-23, registering a decline of 8.15 per cent over the net profit of Rs 5.52 billion recorded in the […]
Power Finance Corporation Limited (PFC) has recorded a net profit of Rs 211.79 billion during the financial year 2022-23, registering an increase of 12.8 per cent over the net profit of Rs 187.68 billion recorded […]
Japanese wind projects developer Eurus Energy Holdings Corporation has announced the commissioning of two wind parks with a combined capacity of 127.5 MW. The 47.5-MW Hamasato Wind Farm and the 80-MW Kawaminami Wind Farm are […]
Bharat Heavy Electricals Limited (BHEL) has recorded a net profit of Rs 4.77 billion during the financial year 2022-23, registering an increase of 7.19 per cent over the net profit of Rs 4.45 billion recorded […]
Genus Power Infrastructures Limited, a metering solutions provider and manufacturer, has signed a commitment letter with United States International Development Finance Corporation (DFC) to obtain a loan up to USD 49.5 million to scale up […]
Adani Wind Energy Kutchh Five Limited, a subsidiary of Adani Green Energy Limited (AGEL), has commissioned 130 MW wind power plant at Kutchh in Gujarat. The plant has a 25 year power purchase agreement with […]
The Maharashtra Electricity Regulatory Commission (MERC) has adopted and approved a tariff of Rs 3.10 per kWh for the purchase of 117.5 MW of solar power on long-term basis for the period of 25 years […]
Indian Energy Exchange Limited (IEX) has recorded a net profit of Rs 3.06 billion during the financial year 2022-23, registering a decline of 0.9 per cent over the net profit of Rs 3.09 billion recorded […]
Belgium-based company Marlinks has secured a major contract in Taiwan to provide cable health monitoring services for the export and inter-array cables of the 1,044 MW Hai Long offshore wind farm (OWF). The project is […]
The Ministry of Power (MoP) has notified Electricity (Promoting Renewable Energy Through Green Energy Open Access) (Second Amendment) Rules, 2023. The amendment defines entity as any consumer with a contracted demand or sanctioned load of […]
Siemens Limited has announced an agreement to acquire Mumbai-based Mass-Tech Controls Private Limited’s electric vehicle (EV) division for Rs 380 million. Siemens anticipates to expand its market position in India and establish an export centre […]
JSW Energy Limited has recorded a net profit of Rs 14.80 billion during the financial year 2022-23, registering a decline of 15.09 per cent over the net profit of Rs 17.43 billion recorded in the […]
Reportedly, NTPC Limited has started work on a hydrogen hub at Pudimadaka in Andhra Pradesh as part of its foray into hydrogen. The hub will involve the development of manufacturing facilities for green hydrogen and […]
Croatia-based KONČAR-Engineering, a unit of electrical equipment manufacturer Koncar Elektroindustrija d.d, has signed a contract with Tanzania Electric Supply Company (TANESCO) worth EUR3.1 million for the reconstruction of a 220 kV switchyard at the Kidatu […]
The Ministry of Coal has extended the bids submission date for seventh round of commercial coal mine auction to June 27, 2023. Earlier the last date for bid submission was May 30, 2023. Notably, the […]
The central government has reduced the subsidy provided under FAME-II (Faster Adoption of Manufacturing of Electric Vehicles in India) scheme applicable on electric two-wheelers registered on or after June 1, 2023. The Ministry of Heavy […]
Sterlite Copper, a subsidiary of Vedanta Limited, has partnered with Serentica Renewables India Private Limited to develop a captive hybrid renewable energy project to supply 16 MW of green power to its Silvassa Unit. To […]
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