Indian Energy Exchange (IEX) has announced the commencement of trade in the high price day ahead market (HP – DAM) segment. The Central Electricity Regulatory Commission (CERC), in its order dated February 16, 2023, had […]
Tata Power Renewable Energy Limited (TPREL) has signed a power purchase agreement (PPA) with Tata Power Delhi Distribution Limited (Tata Power-DDL) for 510 MW hybrid project. The plant will have 170 MW solar and 340 […]
A total of 42 memoranda of understanding (MoUs) with investments totalling Rs 9.57 trillion have been committed in the energy sector during the Global Investors Summit (GIS) in Andhra Pradesh. The total investment of Rs […]
The Committee of Directors for Bonds at Power Grid Corporation of India Limited (Powergrid) has approved the raising of upto Rs 9 billion via unsecured, non-convertible, non-cumulative, redeemable, taxable Powergrid bonds to be issued on […]
The central government has launched a high price day ahead market (HP-DAM) and surplus power portal (PUShP), an initiative to ensure greater availability of power during the peak demand season. Last year, the Central Electricity […]
The Ministry of Coal has successfully auctioned 29 coal mines under the sixth round and second attempt of fifth round of auctions of coal mines for commercial mining. Of the total, 22 coal mines are […]
The role of thermal power plants (TPPs) is changing at a fast pace with the shifting fuel mix, led by the increasing share of intermittent renewable energy sources. TPPs, which have been the main source […]
By S.N. Goel, Chairman and Managing Director, Indian Energy Exchange South Asia is among the fastest growing regions in the world, with an estimated growth rate of about 8 per cent. Rapid electrification and urbanisation […]
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, […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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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