The second Energy Transitions Working Group (ETWG) meeting under India’s G20 Presidency was held in Gandhinagar, Gujarat. The meeting revisited the key takeaways from the previous meeting and engaged in constructive discussions and deliberations focusing […]
SAEL has raised Rs 13.25 billion through the issuance of AA-rated bonds . The proceeds from this long-term, secured, unlisted, rated, redeemable, non- convertible debt securities will give a major boost to SAEL’s green energy […]
The Philippines’ Department of Energy (DOE) had signed three offshore wind service contracts with Copenhagen Infrastructure New Markets Fund (CINMF), the first 100 per cent foreign-owned company to invest in offshore wind development. The three […]
The Ministry of Power (MoP) has finally released the much-anticipated guidelines for promoting pumped storage projects (PSPs). This policy is in line with the finance minister’s budget speech in February 2023, which mentioned the creation […]
India is rapidly expanding its renewable energy portfolio to achieve its ambitious goal of 500 GW of non-fossil-fuel-based energy by 2030 and net zero emissions by 2070. As the proportion of clean energy is increasing […]
Powergrid approves investments of over Rs 40 billion (India) Power Grid Corporation of India Limited (Powergrid) has given approval for investments of Rs 40.71 billion for two projects. It has approved Rs 5.24 billion for […]
By Dr Alka Rai, Assistant Professor, NTPC School of Business, Noida; and Sunil Maheshwari, Professor, Indian Institute of Management Ahmedabad The unprecedented Covid-19 crisis presented enormous challenges to corporates, especially companies involved in essential services […]
S.K. Soonee, Former and Founder CEO, Power System Operation Corporation Limited (now Grid Controller of India Limited), shared his perspective on the journey of reforms in the power transmission segment at Power Line’s 16th Annual […]
Larsen & Toubro’s power transmission and distribution (T&D) business has secured multiple domestic engineering, procurement, and construction (EPC) orders. The T&D business has secured orders to establish 765 kV and 400 kV gas insulated switchgear […]
The Central Electricity Regulatory Commission (CERC) has notified that tertiary reserve ancillary service (TRAS) provision of the CERC (Ancillary Services) Regulations, 2022 will come into force from May 1, 2023. It includes provisions pertaining to […]
Hartek Solar has been awarded a contract by SJVN Green Energy Limited to build a 22 MW floating solar photovoltaic (PV) power project at Nangal Pond, district Bilaspur, Himachal Pradesh. The scope of the project […]
Tata Power has, reportedly, proposed to the state government and the state regulatory authority for setting up of a high voltage 400 kV line corridor for Mumbai. The new transmission corridor of 400 kV will […]
India and Sri Lanka have agreed to work together on building a 135 MW solar power plant in Trincomalee, Sri Lanka, with the aim of promoting renewable energy. Reportedly, NTPC Limited and Ceylon Electricity Board […]
KPI Green Energy Limited has announced the receipt of new orders for executing 10 MW DC solar power projects under its captive power producer (CPP) segment. Out of the total capacity, KPI Green Energy Limited […]
Philippines-based Metro Pacific Investments Corporation (MPIC) has agreed to acquire a 16 per cent stake in SP New Energy Corporation (SPNEC), a renewable energy company. The company will initially invest PHP2 billion to acquire 1.6 […]
JSW Energy Limited’s arm, JSW Neo Energy Limited, has received a letter of intent (LoI) from Power Company of Karnataka Limited (PCKL) for procurement of 2,400 MWh (300 MW x 8 hours) energy storage from […]
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