At a recent Power Line conference, Abhay Choudhary, Director (Projects), Power Grid Corporation of India Limited (POWERGRID), spoke about the key operational and financial achievements of the company in recent years, the new technologies being […]
The Ministry of Coal has launched the seventh round of commercial coal mines’ auction with a total of 106 coal blocks on offer. The mines offered are a mix of coal mines under Coal Mines […]
REC Power Development and Consultancy Limited (RECPDCL) has handed over the project-specific special purpose vehicle (SPV), formed for the construction of transmission project – Khavda II-A Transmission Limited to Adani Transmission Limited (ATL). ATL has […]
PFC Consulting Limited (PFCCL) has transferred three project specific special purpose vehicles (SPVs) to Power Grid Corporation of India Limited (Powergrid). The three SPVs are Bhadla Sikar Transmission Limited, Dharamjaigarh Transmission Limited and Raipur Pool […]
The Central Electricity Regulatory Commission (CERC) has extended the period of applicability of Terms and Conditions for Tariff determination from Renewable Energy Sources Regulations, 2020. Earlier, these regulations were applicable for the period July 1, […]
Nextracker has announced the signing of an agreement with Sterling and Wilson Renewable Energy Limited to deliver its solar trackers to NTPC Renewable Energy Limited’s (NTPC REL) 1.255 GW solar photovoltaic (PV) project in Khavda […]
JSW Neo Energy Limited (JSW Neo), a wholly-owned subsidiary of JSW Energy Limited, has completed the acquisition of 1,753 MW of renewable energy assets from Mytrah Energy (India) Private Limited (MEIPL), in a two-step process. […]
Cambodia will need around USD9 billion in investments till 2040 to expand the national grid capacity as well as to develop new power plants. For the 2022-25 period, USD2.5 billion has been approved for planned […]
NTPC Renewable Energy Limited (NTPC REL), a wholly owned subsidiary of NTPC Green Energy Limited, has signed term sheet with Greenko ZeroC Private Limited, to supply 1,300 MW round-the-clock (RTC) renewable energy power for powering […]
SJVN Limited has secured Rs 9.15 billion green finance from Japan Bank for International Cooperation (JBIC) to fund its 90 MW Omkareshwar floating solar power project in Madhya Pradesh and 100 MW Raghanesda solar power […]
JSW Energy Limited’s subsidiary, JSW Neo Energy Limited (JSWNEL), has agreed to acquire the entire shareholding of additional 12 special purpose vehicles (SPVs) of Mytrah Energy (India) Private Limited (MEIPL). Earlier in August 2022, JSWNEL […]
Tata Power Solar Systems Limited (TPSSL) has received the letter of award (LoA) of Rs 17.55 billion for setting up a 300 MW domestic content requirement based engineering, procurement, and construction project for NLC India […]
Gensol Engineering Limited has acquired Scorpius Trackers Private Limited, provider of single-axis solar tracker solutions in India, for Rs 1.35 billion. Scorpius has developed its own patented tracker controller, software, and innovative structure designs which […]
JSW Renewable Technologies Limited (JSWRTL), a wholly owned step-down subsidiary of JSW Energy Limited, has been allocated performance linked incentive (PLI) for the quoted manufacturing capacity of 1 GW (wafer + cell + module). The […]
State-owned Nepal Electricity Authority (NEA) has begun the construction of the 132 kV Thankot–Chapagaun underground transmission line (line-in line-out), which will be connected to the new Chobhar substation to be built under the Kathmandu Valley […]
SJVN Limited has signed a contract agreement for engineering, procurement and construction (EPC) of civil and hydro-mechanical works of 382 MW Sunni Dam hydro electric project. The contract worth Rs 10.98 billion has been signed […]
Indian Renewable Energy Development Agency Limited (IREDA) has achieved loan disbursement of Rs 163.20 billion during 2022-23. The earlier highest annual loan disbursement was during 2021-22 of Rs 160.71 billion. Further, IREDA also crossed highest […]
The central government has allocated a total capacity of 39,600 MW of domestic solar photovoltaic (PV) module manufacturing capacity to 11 companies, with a total outlay of Rs 140.07 billion under the production linked incentive […]
International Finance Corporation (IFC) is investing Rs 3,750 million (about $50 million) in a sustainability-linked bond (SLB) issued by Tata Cleantech Capital Limited. This is the first such instrument issued by a private financial institution […]
Larsen and Toubro’s (L&T) power transmission and distribution business has secured new engineering, procurement and construction (EPC) orders in the domestic and overseas markets. In India, the business has secured turnkey packages to establish over […]
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