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Home2023June

Month: June 2023

Captive Power in India

Reliable Backup: Benefits of diesel and gas gensets

June 19, 2023

Diesel engines and gensets are an important source of reliable back-up power across commercial and industrial (C&I) the consumer segments. Diesel engines, known for their robustness and durability, are suitable for a variety of applications. […]

State Sector

SJVN signs MoU with MAHAGENCO to develop 5,000 MW renewable energy projects in Maharashtra

June 15, 2023

SJVN Limited has signed a memorandum of understanding (MoU) with Maharashtra State Power Generation Company Limited (MAHAGENCO) for the development of 5,000 MW renewable energy projects in Maharashtra. The MoU has been signed to explore […]

State Sector

APGENCO synchronises 800 MW unit of Dr Narla Tata Rao thermal power station in Andhra Pradesh

June 15, 2023

Reportedly, Andhra Pradesh Power Generation Corporation Limited (APGENCO) has synchronised the eighth unit of the Dr Narla Tata Rao Thermal Power Project with the grid. The 800 MW unit, installed on 80 acres of land, […]

Private Sector

Saatvik Green Energy secures 8.08 MW solar EPC contract for a cement major in Karnataka

June 15, 2023

Saatvik Green Energy Private Limited has announced the award of a 8.08 MW DC (6.5 MW AC) solar power project for a cement and power conglomerate. This ground-mounted project will be installed on 22 acres […]

Private Sector

HPX crosses 5 BUs of trade within 11 months of launch

June 15, 2023

Hindustan Power Exchange Limited (HPX) has crossed the milestone of 5 billion units (BUs) of power traded within 11 months of its launch. HPX was able to cross this landmark with a rapid increase in […]

Private Sector

IND Renewable Energy’s board approves proposal to raise Rs 260 million via rights issue

June 15, 2023

IND Renewable Energy Limited’s board has approved the proposal to raise fund up to Rs 260 million through a rights issue. This is in modification of company’s earlier communication in March 2023, wherein the company’s […]

International News

NPS installs first phase of 60 MW floating solar power plant in Thailand

June 15, 2023

National Power Supply Public Company Limited (NPS) has completed the installation of the first phase of the 60 MW floating solar power plant on the well. The plant will start generating electricity in the fourth […]

Specials

Pooling Tariffs: MoP’s scheme for central power plants with expired PPAs

June 15, 2023

In a key development, the Ministry of Power (MoP) has recently notified a scheme for pooling the tariffs of central sector-owned thermal (coal or gas) plants that are older than 25 years. These plants have […]

Central Sector

MNRE reverses decision on commissioning extension for renewable energy projects in GIB area

June 15, 2023

The Ministry of New and Renewable Energy (MNRE) has reversed its previous decision to grant a 30-day extension for the commissioning of renewable energy projects located in the Great Indian Bustard (GIB) area. The ministry […]

State Sector

NUPPL and Assam government ink PPA to supply 492 MW of power

June 15, 2023

Reportedly, Neyveli Uttar Pradesh Power Limited (NUPPL) has signed a power purchase aggrement (PPA) with the Assam government to supply 492.72 MW of electricity to the state from its 1,980 MW Ghatampur thermal power plant […]

Private Sector

KEC International wins orders worth Rs 13.73 billion

June 15, 2023

KEC International Limited has secured new orders worth Rs 13.73 billion across its various businesses in India and overseas. The company’s civil business has secured orders in the residential and commercial building segments in India, […]

Private Sector

WRTL secures contract for 6.5 MWp (DC) / 5 MW (AC) solar power project

June 15, 2023

Waaree Renewable Technologies Limited (WRTL) has secured an engineering, procurement, and construction (EPC) contract for 6.5 MWp (DC) / 5 MW (AC) solar power project for energy arm of India’s leading steel and power conglomerate […]

International News

LS Cable & System preferred supplier of cables for South Korean OWF

June 15, 2023

South Korean cable company, LS Cable & System Limited, has been chosen as the preferred bidder for the supply of submarine cables for the Shinan-Ui offshore wind farm (OWF) project being developed by Hanwha Engineering […]

Reforms and Regulations

MoP issues guidelines for TBCB process for procurement of firm and despatchable power from grid connected renewable energy power projects with ESS

June 13, 2023

The Ministry of Power (MoP) has issued guidelines for tariff based competitive bidding (TBCB) process for procurement of firm and despatchable power from grid connected renewable energy power projects with energy storage systems (ESS). The […]

Central Sector

SJVN Green Energy secures 200 MW wind energy project worth Rs 14 billion

June 13, 2023

SJVN Limited’s arm SJVN Green Energy Limited has secured a 200 MW wind power project entailing an investment of Rs 14 billion in a tariff-based competitive bidding process conducted by Solar Energy Corporation of India […]

Central Sector

NTPC REL invites bids to examine floating solar potential in India

June 13, 2023

NTPC Renewable Energy Limited (NTPC REL), a subsidiary of NTPC Limited, has announced its plans to assess the potential of floating solar capacity in various states and union territories (UT) across India. For this, NTPC […]

Central Sector

MoP asks imported coal-based plants to run at full capacity till September 30

June 13, 2023

The Ministry of Power (MoP) has extended the time period of its direction to all thermal plants using imported coal to operate at full capacity by three-and-a-half months till September 30, 2023 to avoid electricity […]

Central Sector

PFC Consulting incorporates two new SPVs for development of independent transmission projects

June 13, 2023

PFC Consulting Limited has incorporated two new special purpose vehicles (SPVs) for development of independent transmission projects. The two SPVs are Bikaner III Neemrana Transmission Limited and Neemrana II Bareilly Transmission Limited. The former has […]

International News

GE and L&T to provide GIS substations for Saudi’s largest green hydrogen plant

June 13, 2023

GE Grid Solutions has secured a contract with Larsen & Toubro to supply three 380 kV T155 gas-insulated switchgear (GIS) substations for the  largest utility-scale green hydrogen plant in Saudi Arabia. The green hydrogen plant […]

Central Sector

CERC issues draft CERC (Sharing of Inter-State Transmission Charges and Losses) (Third Amendment) Regulations, 2023

June 13, 2023

The Central Electricity Regulatory Commission (CERC) has issued the draft CERC (Sharing of Inter-State Transmission Charges and Losses) (Third Amendment) Regulations, 2023. As per the draft, the percentage of yearly transmission charges will be 30 […]

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