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Home2023May

Month: May 2023

Central Sector

IBN approves second hydropower project to be developed by India

May 30, 2023

Investment Board Nepal (IBN) has approved the draft project development agreement to be signed with India’s SJVN Limited to develop the 669 MW Lower Arun hydropower project in Nepal. The draft is due for approval […]

Private Sector

KP Energy commissions 25.2 MW ISTS connected wind power project in Gujarat

May 30, 2023

K.P. Energy Limited has commissioned 25.2 MW (Phase-III) interstate transmission system (ISTS) connected wind power project at Sidhpur site in Devbhoomi Dwarka, Gujarat. The project comprises of 12 wind turbine generators of 2.1MW each. The […]

Private Sector

Inox Wind bags repeat order of 150 MW from NTPC Renewable Energy

May 30, 2023

Inox Wind Limited has bagged an order for a 150 MW wind power project from NTPC Renewable Energy Limited. The project will be executed in Gujarat. With this, the total orders awarded to Inox Wind […]

Central Sector

NHPC reports profit of Rs 42.35 billion in 2022-23

May 30, 2023

NHPC Limited has recorded a net profit of Rs 42.35 billion during the financial year 2022-23, registering an increase of 12.22 per cent over the net profit of Rs 37.74 billion recorded in the previous […]

Private Sector

Torrent Power reports profit of Rs 21.65 billion in 2022-23

May 30, 2023

Torrent Power Limited has recorded a net profit of Rs 21.65 billion during the financial year 2022-23, registering an increase of 371.68 per cent over the net profit of Rs 4.59 billion recorded in the […]

International News

Hyphen and Namibia to develop USD10 billion green hydrogen project

May 30, 2023

The Cabinet of the Government of the Republic of Namibia (GRN) has entered into an agreement with Hyphen Hydrogen Energy Limited to develop, implementand operatesub-Saharan Africa’s largest, and its only fully vertically integrated, green hydrogen […]

Reforms and Regulations

Government gives complete waiver of ISTS charges for 25 years to projects commissioned on or before December 31, 2032

May 30, 2023

The central government has decided to grant waiver of inster-state transmission system (ISTS) charges to off-shore wind projects and green hydrogen/green ammonia. This will facilitate wider execution of offshore wind energy initiatives, to promote the […]

Reforms and Regulations

CERC issues an approach paper on terms and conditions of tariff regulations

May 30, 2023

The Central Electricity Regulatory Commission has issued an approach paper on terms and conditions of tariff regulations for the tariff period — April 1, 2024 to March 31, 2029. The commission has noted that the […]

Reforms and Regulations

CERC notifies CERC (Indian Electricity Grid Code) Regulations, 2023

May 30, 2023

The Central Electricity Regulatory Commission (CERC) has notified the CERC (Indian Electricity Grid Code) Regulations, 2023. These regulations will apply to all users, state load despatch centres (SLDCs), renewable energy management centres, regional load despatch […]

Central Sector

PTC India reports profit of Rs 5.07 billion in 2022-23

May 30, 2023

PTC India Limited has recorded a net profit of Rs 5.07 billion during the financial year 2022-23, registering a decline of 8.15 per cent over the net profit of Rs 5.52 billion recorded in the […]

Central Sector

PFC reports profit of Rs 211.79 billion in 2022-23

May 30, 2023

Power Finance Corporation Limited (PFC) has recorded a net profit of Rs 211.79 billion during the financial year 2022-23, registering an increase of 12.8 per cent over the net profit of Rs 187.68 billion recorded […]

International News

Eurus commissions 127.5 MW of wind parks in Japan

May 30, 2023

Japanese wind projects developer Eurus Energy Holdings Corporation has announced the commissioning of two wind parks with a combined capacity of 127.5 MW. The 47.5-MW Hamasato Wind Farm and the 80-MW Kawaminami Wind Farm are […]

Knowledge Bank

Report on the Role of Small Modular Reactors in the energy transition

May 29, 2023

By NITI Aayog, Department of Atomic Energy and Tata Consulting Engineers SMRs are advanced nuclear reactors with power generation capacities ranging from less than 30 MWe to 300+ MWe. The report by NITI Aayog looks […]

Central Sector

BHEL reports profit of Rs 4.77 billion in 2022-23

May 29, 2023

Bharat Heavy Electricals Limited (BHEL) has recorded a net profit of Rs 4.77 billion during the financial year 2022-23, registering an increase of 7.19 per cent over the net profit of Rs 4.45 billion recorded […]

Private Sector

Genus signs agreement with DFC for USD 49.5 million funding

May 29, 2023

Genus Power Infrastructures Limited, a metering solutions provider and manufacturer, has signed a commitment letter with United States International Development Finance Corporation (DFC) to obtain a loan up to USD 49.5 million to scale up […]

Private Sector

Adani Wind Energy Kutchh Five commissions 130 MW wind power plant in Kutchh

May 29, 2023

Adani Wind Energy Kutchh Five Limited, a subsidiary of Adani Green Energy Limited (AGEL), has commissioned 130 MW wind power plant at Kutchh in Gujarat. The plant has a 25 year power purchase agreement with […]

State Sector

MERC approves tariff of Rs 3.10 per kWh to source 117.5 MW of solar power

May 29, 2023

The Maharashtra Electricity Regulatory Commission (MERC) has adopted and approved a tariff of Rs 3.10 per kWh for the purchase of 117.5 MW of solar power on long-term basis for the period of 25 years […]

Private Sector

IEX reports profit of Rs 3.06 billion in 2022-23

May 29, 2023

Indian Energy Exchange Limited (IEX) has recorded a net profit of Rs 3.06 billion during the financial year 2022-23, registering a decline of 0.9 per cent over the net profit of Rs 3.09 billion recorded […]

International News

Belgium’s Marlinks secures cable condition monitoring contract for Taiwan’s OWF

May 29, 2023

Belgium-based company Marlinks has secured a major contract in Taiwan to provide cable health monitoring services for the export and inter-array cables of the 1,044 MW Hai Long offshore wind farm (OWF). The project is […]

Reforms and Regulations

MoP notifies Electricity (Promoting Renewable Energy Through Green Energy Open Access) (Second Amendment) Rules, 2023

May 26, 2023

The Ministry of Power (MoP) has notified Electricity (Promoting Renewable Energy Through Green Energy Open Access) (Second Amendment) Rules, 2023. The amendment defines entity as any consumer with a contracted demand or sanctioned load of […]

Posts pagination

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