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Home2023February

Month: February 2023

Videos

Interview with Vivek Venkatachalam, CEO, Raychem RPG Limited

February 28, 2023

  In a recent interview with Power Line magazine, Vivek Venkatachalam, CEO, Raychem RPG Limited shared his views on the current state and future outlook for the transmission and distribution equipment industry in India. He […]

Central Sector

Indian Oil Corporation to invest Rs 2 trillion in net-zero emission plan

February 27, 2023

Reportedly, Indian Oil Corporation Limited (IOCL) is planning to establish green hydrogen plants at all its refineries as per a Rs 2 trillion green transition plan to achieve net-zero emissions from its operations by 2046. […]

Private Sector

Essar to invest $3.6 billion in energy transition in the UK and India

February 27, 2023

The Essar Group has announced the formation of Essar Energy Transition (ETT) to drive energy transition. EET plans to invest USD3.6 billionin developing a range of low-carbon energy transition projects over the next five years, […]

State Sector

NHLML and Jodhpur discom to set up solar power plants on expressways

February 27, 2023

The National Highways Logistics Management Limited (NHLML) and Jodhpur Vidyut Vitran Nigam Limited have, reportedly, signed a memorandum of understanding (MoU) to set up 11 solar power plants at six places in a section of […]

International News

Japan’s JBIC extends loan to Saudi’s SEC for Saudi Arabia–Egypt link

February 27, 2023

The Japan Bank for International Cooperation (JBIC) has signed a loan agreement with Saudi Electricity Company (SEC) for an electricity interconnection project that will link Saudi Arabia and Egypt. The project will construct a 3,000 […]

EXPERT OPINION

Green Open Access: Challenges and opportunities in the growing C&I market

February 27, 2023

By Sushmita R. Ajwani, Director, Power and Renewables, ICF International The commercial and industrial (C&I) segment consumes around 665 billion units of electricity annually, wh­i­ch is more than 50 per cent of the total consumption […]

No Picture
Company Release

IntelliSmart becomes the first smart meter service provider to receive IND A/Stable rating from India Ratings

February 27, 2023

IntelliSmart Infrastructure Private Limited has received ‘IND A/Stable’ rating from India Ratings & Research for its debt facilities. The rating has been provided for rupee term loan, fund-based and non-fund-based working capital. The rating reflects […]

Central Sector

IREDA to establish office in Gujarat’s GIFT city to finance renewable energy projects in foreign currency

February 27, 2023

Indian Renewable Energy Development Agency Limited (IREDA) is planning to establish an office in Gujarat’s GIFT City to finance renewable energy projects in foreign currency. The office at GIFT City, Gandhinagar, will be classified as […]

Central Sector

India’s coal production touches 698.25 mt during April 2022 -January 2023

February 27, 2023

The country’s total coal production has recorded a growth of over 16 per cent with production of 698.25 million tonnes (mt) during the period from April 2022 to Janaury 2023 as compared to 601.97 mt […]

Private Sector

Adani Power’s subsidiary APML terminates MoU with Orient Cement

February 27, 2023

Adani Power Limited’s subsidiary, Adani Power Maharashtra Limited (APML), and Orient Cement Limited have decided to terminate a pact signed between the two entities for utilisation of a parcel of land in Maharashtra. APML had […]

International News

Hitachi Energy installs STATCOM for Egypt’s EETC

February 27, 2023

Japanese Hitachi Energy has placed in service its power quality solution, SVC Light, for the national grid operator, Egyptian Electricity Transmission Company (EETC). The SVC Light static synchronous compensator (STATCOM) technology will help to improve […]

Central Sector

Ministry of Coal to commence forward auction of commercial coal mines from February 27, 2023

February 24, 2023

The Ministry of Coal will commence forward auction of commercial coal mines from February 27, 2023. The Ministry of Coal had launched the sixth round and second attempt of fifth round of commercial coal mines […]

Private Sector

Sri Lanka investment board approves USD442 million wind power plants by Adani Green

February 24, 2023

Reportedly, Sri Lanka’s Board of Investment has approved two wind power plants by Adani Green Energy Limited with a total investment of USD442 million. The two wind power plants of 350 MW are scheduled to […]

Central Sector

Gencos with high input cost allowed to sell power at up to Rs 50 per unit on energy exchanges

February 24, 2023

The Central Electricity Regulatory Commission (CERC), earlier this month, has allowed the introduction of a new segment, high price day ahead market (HP-DAM), on the energy exchanges wherein electricity can be sold and bought at […]

International News

Indonesia launches carbon trading mechanism for coal power plants

February 24, 2023

Indonesia has, reportedly, launched the first phase of mandatory carbon trading for coal power plants. The first stage of a carbon trading mechanism will cover 99 power plants with total installed capacity of 33.6 GW […]

No Picture
Company Release

NTPC ranks as the top IPP and energy trader globally by S&P Platts

February 23, 2023

NTPC Limited has been ranked as the top independent power producers and energy traders globally in the S&P Global Commodity Insights Top 250 Global Energy Company Rankings®-2022. The rankings are based on four key metrics including […]

Central Sector

Power ministry directs all imported coal based plants to operate at full capacity during summer

February 23, 2023

The Ministry of Power has directed all imported coal-based (ICB) power plants, under Section 11 of the Electricity Act, 2003, to operate and generate power to their full capacity from March 16, 2023 to June […]

Central Sector

NTPC Green Energy to raise up to Rs 90 billion through rupee denominated term loan

February 23, 2023

NTPC Limited’s arm NTPC Green Energy Limited (NGEL) has invited bids for rupee denominated term loan of up to Rs 90 billion. NGEL intends to raise fresh debt and repay outstanding liability of Rs 82 […]

Private Sector

Servokon ventures into solar energy sector to contribute towards India’s net-zero targets

February 23, 2023

Servokon has ventured into the solar energy sector to contribute towards the country’s endeavor to meet its net-zero targets. With this entry into the solar energy segment, Servokon has also become an engineering, procurement and […]

International News

ACME and Japan’s IHI sign MoU for business in green hydrogen

February 23, 2023

ACME Group and Japan’s heavy-industry manufacturer, IHI Corporation, have signed a memorandum of understanding (MoU) to explore business opportunities in green hydrogen. The intent of MoU is to jointly study and evaluate potential projects with […]

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  • MERC directs BEST to continue with current PPA with Tata Power till March 2025

    March 20, 2023
    The Maharashtra Electricity Regulatory Commission (MERC) has, reportedly, passed an order directing the Brihanmumbai Electric Supply and Transport (BEST) to …Read More »
  • CERC notifies draft Sharing of Inter-State Transmission Charges and Losses (Second Amendment) Regulations, 2023

    March 20, 2023
    The Central Electricity Regulatory Commission (CERC) has notified the draft CERC (Sharing of Inter-State Transmission Charges and Losses) (Second Amendment) …Read More »
  • February 2023

    March 20, 2023
    Smart grids are transforming the power transmission and distribution segments by driving digital, sustainable and more efficient operations. These solutions …Read More »

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