Torrent Power Limited has recorded a net profit of Rs 6.95 billion for the quarter ended December 2022, an increase of 88.35 per cent over the net profit of Rs 3.69 billion recorded in the […]
State Grid Corporation of China (SGCC) has operationalised the 1,000 kV Jingmen–Wuhan ultra high voltage alternating current (UHVAC) transmission project. The UHVAC line, which is a key national project under the 13th Five-Year Plan and […]
Tamil Nadu has released Tamil Nadu Electric Vehicles Policy 2023. The key features of the policy include reimbursement of state goods and services tax, investment and turnover based subsidy, advanced chemistry cell subsidy, electrification of […]
ReNew Power has rebranded itself as ReNew and the new identity reflects the company’s transition from being a pure-play renewable independent power producer to an end-to-end provider of solutions across the decarbonisation spectrum. ReNew’s new […]
The Competition Commission of India (CCI) has approved subscription of compulsorily convertible preference shares of Hero Future Energies Global Limited by Ardor Holdings II Pte. Limited. Ardor Holdings II Pte. Limited is a special purpose […]
KPI Green Energy Limited has signed power purchase agreements (PPAs), under which the company will sell solar power from 8.35 MW (DC) of capacity. KPI Green Energy will sell this power to five companies in […]
Indore Municipal Corporation (IMC) has raised Rs 6.62 billion on the first day for a public issue green bonds. This was to raise capital for the establishment of a solar power plant worth Rs 2.44 […]
TUSCO, a joint venture of THDC India and the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has called for bids to select an environmental and social impact assessment consultant for the development of […]
Thailand-based B.Grimm Power Public Company Limited (BGRIM) has signed a memorandum of understanding (MoU) with TNB Power Generation Malaysia to export renewable energy under the ASEAN Power Grid project. Under the terms of the agreement, […]
The Biden administration has been working on advancing transmission buildout to deliver 100 per cent clean electricity by 2035 and reducing greenhouse gas emissions to 50-52 per cent below the 2005 levels by 2030. To […]
In a key development, the Ministry of Power (MoP) has notified the Electricity (Amendment) Rules, 2022, bringing about several changes to the previous Electricity Rules, 2005. Significantly, the new rules permit distribution companies to automatically […]
Bharat Heavy Electricals Limited (BHEL) has recorded a net profit of Rs 422.8 million for the quarter ended December 2022, an increase of 56.48 per cent over the net profit of Rs 270.2 million recorded […]
Power Finance Corporation Limited (PFC) has recorded a net profit of Rs 52.41 billion for the quarter ended December 2022, an increase of 7.09 per cent over the net profit of Rs 48.94 billion recorded […]
Thermax Limited has received an order worth Rs 2.52 billion for the renovation and modernisation of the electrostatic precipitator (ESP) package of its 3×210 MW thermal power station in Bankura, West Bengal. The ESP systems […]
Bharat Coking Coal (BCCL), a wholly-owned subsidiary of Coal India Limited, has issued a request for proposals for the installation and commissioning of 2.48 MW of grid-connected rooftop solar systems with net metering arrangements at […]
Citicore Renewable Energy Corporation (Citicore) has announced plans for an initial public offering (IPO) to und USD4 billion worth of renewable energy projects till 2028 in the Philippines. The IPO is expected to be announced […]
By Rohit Bajaj, Head, Business Development, Regulatory Affairs & Strategy, Indian Energy Exchange India is in the midst of an energy transition, driven by a massive thrust on electrification as well as renewables integration. This […]
India and its neighbours, Bhutan and Nepal, are actively engaged in harnessing and utilising the hydropower resources of the region to meet the rising electricity demand. The profile of power demand in these countries complements […]
Hydropower is set to play a key role in the transition to renewable energy, given its ability to address the intermittency and grid balancing requirements. As the largest and most readily available source of flexibility […]
Dr S.S. Garg has over 28 years of experience in the fields of environment and social safeguards (ESS), ESG and sustainability. He is currently general manager and head of department for the environment and social […]
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