Private Sector
Month: June 2023
Central Sector
Coal production reaches up to 76.26 mt in May 2023
India’s coal production has reached upto 76.26 million tonnes (mt) in May 2023, recording an increase of 7.10 per cent over 71.21 mt recorded in the correspoing period of 2022-23. The production of Coal India […]
Private Sector
Suzlon crosses 20 GW of wind energy installations
Suzlon Group has announced that it has crossed the 20 GW wind energy installations milestone through 12,467 wind turbines installed across 17 countries spanning six continents. Suzlon is a wind service company with the largest […]
International News
China’s SGCC operationalises 500 kV Shanxi Yushe–Jinzhong line project
China’s State Grid Corporation of China (SGCC) has successfully operationalised the 171-km, 500 kV line between Shanxi Yushe switching station and 1,000 kV Jinzhong substation. The works involved the construction of 207 new towers. The […]
Perspective
Remarks by Alok Kumar: “The results for the first year of the RDSS are outstanding”
The top priorities for the power ministry are ensuring effective implementation of the Revamped Distribution Sector Scheme (RDSS), making the state electricity regulatory commissions (SERCs) accountable within the statutory framework, and facilitating the expansion of […]
Editorial
Ezine Archive
June Issue 2023
Central Sector
SJVN signs PDA for 669 MW Lower Arun HEP with Investment Board Nepal
SJVN Limited has signed project development agreement (PDA) for 669 MW Lower Arun hydro electric project (HEP) to be located in Sankhuwasabha and Bhojpur districts of Nepal. The project will be constructed in five years […]
Private Sector
CleanMax raises USD360 million from Brookfield
CleanMax Enviro Energy Solutions Private Limited has raised USD360 million from Brookfield Renewable, through the Brookfield Global Transition Fund. The funding is a mix of primary and secondary capital and will enable CleanMax to grow […]
Private Sector
L&T to set renewable energy infrastructure for green hydrogen plant at NEOM
Larsen & Toubro’s (L&T) power transmission and distribution business has accomplished significant milestones for the power elements and grid packages of a green hydrogen plant, which is being developed by NEOM Green Hydrogen Company (NGHC) […]
Private Sector
Suzlon Energy reports profit of Rs 28.87 billion in 2022-23
Suzlon Energy Limited has recorded a net profit of Rs 28.87 billion during the financial year 2022-23, as compared to the net loss of Rs 1.77 billion recorded in the previous year. The company’s consolidated […]
Private Sector
L&T establishes its Green Energy Council
Larsen & Toubro (L&T) has announced the establishment of L&T Green Energy Council, a think-tank comprising notable thought leaders. The council will be responsible to discover green energy technology trends, study evolving global policy developments, […]
International News
PLN to spend USD700 million to increase solar capacity
Indonesia-based Perusahaan Listrik Negara (PLN), a state-owned utility, is planning to install around 200 MW of solar photovoltaic (PV) capacity, in a move to replace existing diesel power generators. The project is estimated to cost […]
Central Sector
NHPC signs MoU with VUCL to develop 480 MW HEP in Nepal
NHPC Limited and Nepal’s Vidhyut Utpadan Company Limited (VUCL) have signed a memorandum of understanding (MoU) for the development of 480 MW Phukot Karnali hydroelectric project (HEP) in Nepal. The project will use the flow […]
Central Sector
NGEL and UPRVUNL sign MoU to collaborate for the development of renewable energy power parks/projects
NTPC Green Energy Limited (NGEL) and Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited (UPRVUNL) have signed a memorandum of understanding (MoU) to collaborate for the development of renewable energy power parks/projects. The MoU seeks collaboration […]
Central Sector
Government to offload stake in CIL through offer for sale
The central government will offload up to 3 per cent stake in Coal India Limited via an offer-for-sale (OFS). An OFS is a way for promoters of a company to sell their shares in order […]
Central Sector
The first 250 MW unit of NHPC’s Subansiri Lower HEP to be operational by January 2024
The first 250-MW unit of NHPC Limited’s under-construction Subansiri Lower hydroelectric project (HEP) is expected to be operational by January 2024. The project is located in Arunachal Pradesh/Assam. The project has eight units of 250 MW […]
Central Sector
NLC India signs MoU with WAPCOS for development of pumped storage and hydro projects
NLC India Limited has signed a memorandum of understanding (MoU) with WAPCOS Limited to develop hydropower projects, pumped storage, and reservoirs. The MoU between the two parties has been signed for carrying out collaborative technical […]
International News
First Gen unit secures 165 MW hydroelectric plant in the Philippines
Fresh River Lakes Corporation (FRLC), a unit of First Gen Corporation, has secured the notice of award for the 165 MW Casecnan Hydroelectric Power Plant (CHEPP) in the Philippines. The company offered the highest bid, […]
People
Samir Ashta: Chief Financial Officer, Apraava Energy Private Limited
Samir Ashta is chief financial officer at Apraava Energy Private Limited. He has over 36 years of experience in project finance, treasury, investment and risk analysis, accounting and taxation, and policies and compliances. He has […]