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Home2023May

Month: May 2023

International News

Savannah Energy signs agreement for 200 MW of new solar power plants in Niger

May 18, 2023

Savannah Energy Niger Solar Limited, the wholly-owned subsidiary of British independent power company Savannah Energy Plc, has signed a memorandum of agreement (MoA) with the Niger government for the development of two solar photovoltaic power […]

Central Sector

MoP asks SERCs to determine green tariffs and implement the green open access rules

May 16, 2023

The Ministry of Power (MoP) has conveyed to all state electricity regulatory commissions (SERCs) to take appropriate action for determination of green tariff, implement the green open access rules notified by the central government and […]

Private Sector

Vibrant Energy places order for 149 MW with Envision Energy

May 16, 2023

Vibrant Energy has placed an order totalling 149 MW with Envision Energy. The order consists of 45 wind turbines with a capacity of 3.3 MW each, with delivery expected to commence from the third quarter […]

Central Sector

NTPC to conduct feasibility study for 130 MW floating solar power plant in Tripura’s Dumbur Lake

May 16, 2023

Reportedly, NTPC Limited is set to embark on a feasibility study for a 130 MW floating solar power plant on Dumbur Lake in Gomati district, Tripura. This initiative aims to significantly bolster the state’s renewable […]

Central Sector

REMC sets up National Energy Management Centre for Indian Railways

May 16, 2023

Reportedly, REMC Limited, a subsidiary of RITES Limited, has set up the national energy management centre (NEMC) at its office. The centre’s objective is to oversee and handle the procurement of energy for the railways […]

International News

Siemens Energy completes deployment of four substations in Egypt

May 16, 2023

Siemens Energy, in consortium with Giza Systems, has successfully deployed four mobile substations for the state-owned Egyptian Electricity Transmission Company (EETC). The new substations are expected to improve power connectivity and resilience of Egypt’s national […]

Transmission

GETCO: Enabling growth through the implementation of state-of-the-art technology

May 16, 2023

Formed in 1999, Gujarat Energy Tra­n­smission Corporation Limited (GETCO) is among the largest state utilities in the country. Over the years, GETCO has expanded its transmission network in line with the state’s growing power demand […]

Reforms and Regulations

MNRE announces major reforms in the ALMM for solar PV modules

May 15, 2023

The Ministry of New and Renewable Energy (MNRE) has announced a number of reforms in its Approved List of Models and Manufactures (ALMM) mechanism for solar photovoltaic (PV) modules. The reforms are primarily aimed at […]

Central Sector

MoP’s Group for Development of Electricity Market in India proposes comprehensive solutions to address key issues

May 15, 2023

The group constituted by Ministry of Power (MoP) for ‘Development of Electricity Market in India’ has proposed comprehensive solutions to address key issues, including the dominance of inflexible long-term contracts, harnessing the inherent diversity of […]

Private Sector

IndiGrid’s board approves acquisition of Virescent Renewable Energy Trust

May 15, 2023

The board of directors of India Grid Trust (IndiGrid) has approved the acquisition of 100 per cent units of Virescent Renewable Energy Trust (VRET) along with its investment manager and project manager, at an enterprise […]

Private Sector

TP Saurya inks PPA with Tata Power Trading Company to set up 200 MW solar project in Rajasthan

May 15, 2023

Tata Power Renewable Energy Limited’s (TPREL) subsidiary, TP Saurya Limited, has inked a 25 year power purchase agreement (PPA) with Tata Power Trading Company Limited to set up a 200 MW AC solar project in […]

Private Sector

IndiGrid reports profit of Rs 4,657.79 million in 2022-23

May 15, 2023

India Grid Trust (IndiGrid) has recorded a net profit of Rs 4,657.79 million during the financial year 2022-23, registering an increase of 35.69 per cent over the net profit of Rs 3,432.75 million recorded in […]

International News

DOE awards contracts to develop 610 MW of floating solar projects on Laguna Lake

May 15, 2023

The Phillipines’ Department of Energy (DOE) has awarded six solar energy operating contracts (SEOCs) to develop 610.5 MW of large-scale floating solar facilities on the Laguna Lake in the Philippines. The contracts were secured by […]

Specials

Creating a Carbon Market: MoP sets the ball rolling with the draft CCTS

May 15, 2023

The Ministry of Power (MoP) has recently released the draft Carbon Cr­edit Trading Scheme (CCTS), whi­ch aims to establish a framework for the Indian carbon market for both voluntary trading and compliance. As per the […]

Central Sector

BEE, MoP and MoEFCC to develop carbon credit trading scheme

May 14, 2023

Bureau of Energy Efficiency (BEE), Ministry of Power (MoP), and Ministry of Environment, Forest and Climate Change (MoEFCC) plan to develop the Indian carbon market (ICM) where a national framework will be established with an […]

Private Sector

Godrej & Boyce secures orders worth Rs 20 billion

May 14, 2023

The power infrastructure and renewable energy business of Godrej Electricals & Electronics, a business unit of Godrej & Boyce Manufacturing Company Limited, has secured orders worth over Rs 20 billion from power transmission, railways, and […]

Central Sector

CEA and TERI sign MoU for knowledge sharing and capacity building in power sector

May 14, 2023

The Central Electricity Authority (CEA) and The Energy and Resources Institure (TERI) have signed a memorandum of understanding (MoU) for knowledge sharing, capacity building and encouraging research in the mutually identified areas in the power […]

Private Sector

Siemens reports profit of Rs 4,718 million during quarter ended March 2023

May 14, 2023

Siemens Limited has recorded a net profit of Rs 4,718 million during quarter ended March 2023, registering an increase of 38.76 per cent over the net profit of Rs 3,400 million recorded in the same […]

International News

PLN sign PPA for 70 MW wind project in Indonesia

May 14, 2023

PT Perusahaan Listrik Negara (Persero) (PLN) has signed a power purchase agreement (PPA) with Total Eren S.A. (Total Eren), PT Adaro Power (Adaro Power), and PT Pembangkitan Jawa Bali Investasi (PJBI), for a 70 MW […]

EXPERT OPINION

Consumer Connect:Key to the success of the smart metering programme

May 12, 2023

By Anil Rawal, MD and CEO, IntelliSmart Infrastructure Pvt. Limited As the world shifts towards renewable sources of electricity, India has committed to a path of energy tran­sition and net zero with its new energy […]

Posts pagination

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