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Home2023March

Month: March 2023

Editor's Pick

Unlocking PSP Potential: MoP issues guidelines to promote pumped storage projects

March 10, 2023

Pumped storage is the least expensive large-scale storage technology that can balance intermittent wind and solar energy sources. It is a mature technology with unique features such as quick start and ramping capability, black start, […]

Specials

Balancing Renewables: CEA sets flexible operation standards for TPPs

March 10, 2023

In the Indian power sector, a substantial increase in renewable energy ca­pacity has been planned, which wo­u­ld significantly alter the energy mix and the energy market scenario in the country. The rapid increase in renewable […]

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International News

GE Grid Solutions bags contract to modernise substations in Nepal

March 10, 2023

GE Renewable Energy’s Grid Solutions business has been awarded a contract from Nepal Electricity Authority (NEA) to automate and modernise 39 substations of various ratings across Nepal. The contract also includes the construction of six […]

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Private Sector

Adani Power amalgamates six of its wholly-owned subsidiaries

March 10, 2023

Adani Power Limited (APL) has amalgamated six of its wholly-owned subsidiaries with itself. The companies amalgamated include Adani Power Maharashtra Limited, Adani Power Rajasthan Limited, Udupi Power Corporation Limited, Raipur Energen Limited, Raigarh Energy Generation […]

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Central Sector

POWERGRID declared as successful bidder under TBCB to establish ISTS system

March 10, 2023

Power Grid Corporation of India Limited (POWERGRID) has emerged as the successful bidder under tariff based competitive bidding (TBCB) to establish inter-state transmission system (ISTS) for Transmission System Strengthening Scheme for Evacuation of Power from […]

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Central Sector

Ministry of Coal auctions two more mines on the eighth day of the e-auction

March 10, 2023

The Ministry of Coal has auctioned two mines in Odisha under commercial auction on the eighth day of the e-auction. Of the two mines, one coal mine was Coal Mines (Special Provisions) and other one […]

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Central Sector

POWERGRID approves investments of over Rs 40 billion

March 10, 2023

Power Grid Corporation of India Limited (POWERGRID) has accorded investment approval of Rs 40.71 billion. It has accorded investment approval of Rs 5.24 billion for Eastern Region Expansion Scheme-XXIX, and Rs 35.47 billion for the […]

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Central Sector

MoP crafts a multi-pronged strategy to ensure adequate availability of power during summer season

March 10, 2023

The Ministry of Power (MoP) has devised a multi-pronged strategy to ensure adequate availability of power during the upcoming summer months. As part of the strategy, the power utilities have been directed to undertake maintenance […]

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Central Sector

Government accepts Task Force report for modern and smart power transmission systems

March 10, 2023

The recommendations of a report of a task force suggesting ways for modernisation of transmission sector and making it smart and future ready have been accepted. With this, the country will soon have a modern […]

Finance

Financial Briefs: India and overseas

March 10, 2023

NTPC Green Energy to raise up to Rs 90 billion through rupee-denominated term loan NTPC Limited’s arm, NTPC Green Ener­gy Limited (NGEL) has invited bids for a rupee-denominated term loan of up to Rs 90 […]

Renewables

Views of Suman Sharma: “SECI is planning to enter the C&I sector”

March 10, 2023

India is a front runner in the global quest for energy transition, being the third-largest producer of renewable energy in the world. The country has made several strides in its energy transition journey over the […]

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Company Release

Eaton rang NYSE opening bell to celebrate 100 years on the exchange

March 9, 2023

Eaton has celebrated the 100th anniversary of its listing on the New York Stock Exchange (NYSE) by ringing the opening bell on March 7, 2023. This milestone reflects Eaton’s enduring ability to adapt to the changing […]

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Private Sector

Evey Trans bags order for 550 electric buses from TSRTC

March 9, 2023

Evey Trans Private Limited (EVEY) has received two letter of awards (LOAs) from Telangana State Road Transport Corporation (TSRTC) for 550 electric buses consisting of 500 buses for intra-city and 50 buses for inter-city operations, […]

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Reforms and Regulations

MoP notifies Renewable Generation Obligation as per Revised Tariff Policy, 2016

March 9, 2023

The Ministry of Power (MoP) has notified the applicability of renewable generation obligation (RGO) to companies constructing coal or lignite-based thermal generating stations after April 1, 2023. Under this, any generating company establishing a coal […]

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Central Sector

Coal production from NTPC’s captive mines crosses 20 mt during 11 months of FY 2022-23

March 9, 2023

NTPC Limited has recorded an increasing trend in coal production from its captive mines, with the captive coal production recorded at 2.6 million tonnes (mt) in February 2023, while the despatch was recorded at 2.5 […]

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Private Sector

Sterlite Power commissions its Green Energy Corridor project in Gujarat

March 9, 2023

Sterlite Power has successfully commissioned its green energy corridor project, Lakadia-Vadodara Transmission Project Limited (LVTPL), that aims to deliver more than 5000 MW of power from renewable rich regions of Bhuj and Kutch to the […]

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Private Sector

HPX crosses 2.5 BUs of power trade volume

March 9, 2023

Hindustan Power Exchange Limited (HPX) has crossed the milestone of 2.5 billion units (BUs) of power traded within 8 months of its launch. Post crossing the 1 BUs mark within six months of its launch, […]

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International News

Uzbekistan to develop new solar power plants with World Bank support

March 9, 2023

The World Bank has approved financing support of $12 million, for the Scaling Solar 2 Project for Uzbekistan. The new Scaling Solar 2 Project is a major addition to the solar energy fleet of the […]

Renewables

UJVNL: Driving hydropower growth in Uttarakhand

March 9, 2023

Incorporated in 2001 by the state government, Uttarakhand Jal Vidyut Ni­gam Limited (UJVNL) has been playing a key role in meeting the power re­quirements of Uttarakhand. The company is responsible for hydropower generation through the […]

Smart Grids in India

Smart Metering Progress: Update on the Revamped Distribution Sector Scheme

March 7, 2023

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