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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
Siemens Limited has announced an agreement to acquire Mumbai-based Mass-Tech Controls Private Limited’s electric vehicle (EV) division for Rs 380 million. Siemens anticipates to expand its market position in India and establish an export centre […]
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