Tata Power Renewable Energy Limited (TPREL) has signed an agreement with Vivarea Condominium, a residential society in Mumbai, to supply solar power. The first of its kind, the 3.125 MW solar plant will be set […]
NTPC Limited has commissioned India’s first green hydrogen blending project in its piped natural gas (PNG) network at the Kawas township in Surat. The project is a joint effort of NTPC and Gujarat Gas Limited […]
Nextracker, has announced the signing of a master supply agreement with Amara Raja Power Systems Limited to deliver its solar trackers for NTPC Limited’s Nokh solar project, which is being executed by Amara Raja as […]
RBI issues first tranche of sovereign green bonds (India) The government issued the first Rs 80 billion tranche of sovereign green bonds on January 25, 2023. The first tranche included Rs 40 billion each of […]
The power sector has recently seen some progress in the resolution of stressed generation assets. Vedanta Limited, a metals and mining major, recently emerged as the successful bidder to acquire Meenakshi Energy Limited (MEL), which […]
The electricity traded in the day-ahead market in December 2022 was 4,977.44 MUs at the IEX. The average market clearing price range was Rs 3.68 per unit to Rs 6.56 per unit at the IEX. […]
The Forum of Regulators (FoR) has notified the Model Regulations for Calculation of Open Access and Banking Charges for Green Energy Open Access Consumers, in line with the Ministry of Power’s (MoP) Electricity (Promoting Renewable […]
Madhya Pradesh Paschim Kshetra Vidyut Vitaran Company Limited (MPPaKVVCL) is one of the three discoms in Madhya Pradesh, serving a consumer base of almost 5.79 million (as of March 2022). The company recorded energy sales […]
The year 2023 started with a bang for the country’s fledgling green hydrogen sector. On January 4, 2023, the Union Cabinet approved the National Green Hydrogen Mission with an initial budget outlay of Rs 197,440 […]
THDC India Limited (THDC) and Rajasthan Renewable Energy Corporation Limited (RRECL) have signed a joint venture (JV)-cum-share holding agreement to form a JV with a shareholding ratio of 74:26. The JV company will develop, operate, […]
Juniper Green Energy, WYN Renewables (EDF Renewables), ACME Pokharan Solar, and Solarcraft Power India have won the Gujarat Urja Vikas Nigam Limited’s (GUVNL) auction to supply power from 300 MW of grid-connected wind projects (Phase-IV) […]
Power Grid Corporation of India Limited (Powergrid) has recorded a net profit of Rs 36.45 billion for the quarter ended December 2022, an increase of 10.69 per cent over the net profit of Rs 32.93 […]
Tata Power has partnered with AutoGrid to deploy an artificial intelligence (AI)-enabled smart energy management system focusing on the behavioural demand response across its residential, commercial, and industrial customers in Mumbai. This program will help […]
Quezon Power (Philippines) Limited Company (QPL) has partnered with South Korea-based Doosan Enerbility Company Limited to study the feasibility of ammonia co-firing at QPL’s coal-based power plant in Quezon, Philippines. The partners will conduct feasibility […]
The Central Electricity Authority (CEA) has issued the draft CEA (Construction of Electric Lines in Great Indian Bustard Area) Regulations, 2023. These regulations will apply to generating companies, transmission licensees, distribution licensees, central transmission utility, […]
India’s power consumption recorded an year-on-year growth of 13 per cent to 126.16 billion units (BUs) in January 2023. In January 2022, the power consumption stood at 111.80 BUs, higher than 109.76 BUs recorded in […]
The Board of Directors of Vedanta Group has approved the procurement of 691 MW of renewable energy to power the company’s aluminium, copper, and oil and gas operations across India. The company will obtain 91 […]
Sprng Energy, IB Vogt, Hinduja Renewables, and Blupine Energy have won the Gujarat Urja Vikas Nigam Limited’s (GUVNL) auction to deliver power from 500 MW of grid-connected solar power projects (Tranche XVIII), with an additional […]
SUSI Partners has launched a new investment platform for the development of utility-scale renewable energy projects in Southeast Asia. The platform will focus on the development and operation of greenfield solar photovoltaic (PV), wind and […]
As a part of the Union Budget 2023-24, the finance minister has announced several key measures that build on the government’s focus on green growth. Key announcements National Green Hydrogen Mission will facilitate the transition […]
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