Convergence Energy Services Limited (CESL) has invited price bids from original equipment manufacturers/leasing agencies/non-banking financial companies for leasing of 3,500 electric cars (passenger vehicles) to various government departments at the state level and autonomous bodies […]
According to the PRAAPTI (Payment Ratification And Analysis in Power procurement for bringing Transparency in Invoicing of generators) portal, the total outstanding dues owed by discoms to gencos decreased by 48.2 per cent to around […]
Reportedly, Jindal Steel and Power Limited (JSPL) will invest up to Rs 15 billion to make recently-acquired Monnet Power Company Limited operational. The investment will be made over the period of the next 12 to […]
The Expert Appraisal Committee (EAC) of the Ministry of Environment, Forest, and Climate Change has recommended granting environmental clearance for the expansion of the Okhla waste-to-energy (WtE) plant in Delhi. The Timarpur-Okhla Waste Management Company, […]
Aboitiz Power Corporation has secured a PHP20 billion loan from the Land Bank of the Philippines (LandBank) to expand its renewable energy capacity in the Philippines. The loan will cover expansion and new construction projects. […]
By Manu Srivastava, Principal Secretary, Government of Madhya Pradesh There has been a lot of discussion recently about climate finance for supporting actions that will address climate change. The United Nations Framework Convention on Climate Change (UNFCCC), the […]
The Assam Power Distribution Company Limited (APDCL) has submitted a petition to the Assam Electricity Regulatory Commission seeking approval of aggregate revenue requirement for 2023-24 with average hike of Re 1 per unit on projected […]
The Government of India, as part of its overall market borrowings, will be issuing sovereign green bonds, for mobilising resources for green infrastructure, as announced in the Union Budget 2022-23. The sovereign green bonds will […]
Convergence Energy Services Limited (CESL) has floated a tender for 4,675 electric buses worth Rs 50 billion. Three states, Delhi, Kerala and Telangana, are covered in this tender, and will deploy 2,400, 775 and 1,500 […]
The Central Electricity Regulatory Commission (CERC) has approved Hindustan Power Exchange’s (HPX) request for the inclusion of hydropower contracts in the green term-ahead market (GTAM) exceeding T+11 days. The commission instructed HPX to include the […]
Tata Power Delhi Distribution Limited (Tata Power-DDL) has met the record peak power demand of 1,646 MW without any network constraint and power outage as cold wave grips Northwest India. The previous highest demand of […]
In a major relief to residential, commercial, agricultural, and industrial consumers, four state-run discoms have, reportedly, not proposed any hike in power tariffs for 2023-24 in Gujarat. This is the sixth consecutive year that state-run […]
Husk Power Systems has secured funding from Germany’s development finance institution Deutsche Investitions-und Entwicklungsgesellschaft (DEG) to build eight new community solar microgrids in Nigeria, and to support expansion of its India operations. DEG allocated the […]
Green Power Energy Company Limited (GPE) has commenced operations on its 20 MW Taungdaw Gwin photovoltaic (PV) plant in Myanmar. The facility was developed under a build-own-operate (BOO) model and is located on an 81 […]
TÜV Rheinland has signed an agreement to acquire ABB’s UK technical engineering consultancy, part of ABB’s Energy Industries division. TÜV Rheinland will integrate this part into its industrial services and cybersecurity business in the UK. […]
The Union Cabinet has approved National Green Hydrogen Mission on January 4, 2023. The mission has an initial budget outlay of Rs 197.44 billion. This comprises of an outlay of Rs 174.99 billion for the […]
January Issue 2023
LM Wind Power, a GE Renewable Energy business, has completed the production of its 50,000th wind turbine blade in India. The blade was built at LM Wind Power’s manufacturing site in Vadodara, Gujarat. LM Wind […]
The Ministry of Power (MoP) has notified the Electricity (Amendment) Rules, 2022. The MoP has inserted rules for surcharge payable by consumers seeking open access, timely recovery of power purchase costs by distribution licensee, subsidy […]
NTPC Green Energy Limited (NGEL) has signed a memorandum of understanding (MoU) with Hindustan Petroleum Corporation Limited (HPCL) for development of renewable energy based power projects to tap business opportunities in renewable energy and supply […]
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