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Home2023July

Month: July 2023

Central Sector

NTPC reports profit of Rs 49.07 billion during quarter ended June 2023

July 31, 2023

NTPC Limited has recorded a net profit of Rs 49.07 billion during quarter ended June 2023, recording an increase of 23.35 per cent as compared to the net profit of Rs 39.78 billion recorded in […]

Private Sector

CleanMax inaugurates 400 MW wind solar hybrid project in Gujarat

July 31, 2023

CleanMax Enviro Energy Solutions has inaugurated a 400 MW wind solar hybrid project in Babra, Gujarat. This is the first project to have the latest 3.3 MW Envision turbines. This project was completed within 16 […]

Private Sector

IndiGrid reports profit of Rs 1.07 billion during quarter ended June 2023

July 31, 2023

India Grid Trust has recorded a net profit of Rs 1.07 billion during quarter ended June 2023, recording an increase of 28.91 per cent as compared to the net profit of Rs 0.83 billion recorded […]

Private Sector

Tata Power launches RFID enabled ‘EZ CHARGE’ card

July 31, 2023

Tata Power has launched the EZ CHARGE card, an advanced radio-frequency identification (RFID) card that will redefine the electric vehicle (EV) charging experience for millions of EV owners across the country. The card offers unparalleled […]

Private Sector

Rays Power Infra and Serentica Renewables to set up 283 MW solar project

July 31, 2023

Rays Power Infra Private Limited has signed an agreement with Serentica Renewables for a 283 MW solar project. Rays Power Infra will be responsible for the engineering, procurement, and construction of the 283 MW DC […]

International News

New Wave and Emissary Capital Partners plan renewable energy investments in the Philippines

July 31, 2023

New Wave Strategic Holdings Incorporated and Emissary Capital Partners Sdn Bhd have planned to invest USD50 million into the renewable energy sector in the Philippines. The investment will be dedicated to financing renewable energy projects, […]

Private Sector

Adani New Industries raises $394 million for solar module manufacturing

July 28, 2023

Adani New Industries Limited (ANIL), a subsidiary of Adani Enterprises Limited, has raised a trade finance facility worth $394 million from Barclays Plc and Deutsche Bank. The funds will be utilised to meet the working […]

Private Sector

Adani Transmission renames to Adani Energy Solutions

July 28, 2023

Adani Transmission Limited has undergone a name change and will now be known as Adani Energy Solutions Limited. According to the company, the renaming was warranted by the company’s entry into the power distribution space […]

Private Sector

GreenH Electrolysis to establish 1 GW electrolyser manufacturing plant in India

July 28, 2023

GreenH Electrolysis, a joint venture between H2B2 Electrolysis Technologies of Spain and GR Group from India, is planning to establish a cutting-edge proton exchange membrane electrolyser manufacturing facility in India. The 1 GW plant will […]

State Sector

Chhattisgarh eases access to green energy for industrial consumers

July 28, 2023

Chhattisgarh State Electricity Regulatory Commission (CSERC) has issued the grid interactive distributed renewable energy sources (Second Amendment) Regulations, 2023. These regulations have introduced new rules for green energy open access to facilitate wider access to […]

International News

ACEN to spend PHP1.44 billion to develop renewable energy projects in the Philippines

July 28, 2023

ACEN Corporation has announced plans to invest PHP1.44 billion to fund the development of clean energy projects in the Philippines. The allocated amount will be distributed among five special purpose vehicles – AC Laguna Solar […]

Central Sector

CEA notifies guidelines for medium and long term power demand forecast

July 27, 2023

The Central Electricity Authority (CEA) notifies guidelines for medium and long term power demand forecast. The guidelines aim at providing a basic framework of medium term and long term power demand forecast for a discoms/state/union […]

Private Sector

HPX gets CERC’s nod for high price contracts

July 27, 2023

Hindustan Power Exchange Limited (HPX) has got approval from the Central Electricity Regulatory Commission (CERC) for the introduction of high price contracts in three key markets. The three markest are high price day ahead market […]

Central Sector

BHEL synchronises 660 MW unit of Maitree STPP in Bangladesh

July 27, 2023

Bharat Heavy Electricals Limited (BHEL) has synchronised the 660 MW Unit-2 of the 1,320 MW Maitree super thermal power project (STPP) in Bangladesh. The synchronisation of the unit has been done ahead of the commitment. […]

Central Sector

National Coal Index declines by 33.8 per cent in May 2023

July 27, 2023

The National Coal Index (NCI) has declined by 33.8 per cent in May 2023 at 157.7 points compared to May 2022, where it was at 238.3 points, indicating a strong supply of coal in the […]

Private Sector

ReNew and Gentari announce collaboration for 5 GW of renewable energy capacity

July 27, 2023

ReNew Energy Global Plc, through its subsidiary, ReNew Power Private Limited (ReNew) and clean energy solutions provider Gentari, through its subsidiary Gentari Renewables India Pte. Limited, have executed key terms to collaborate on a 50:50 […]

International News

Government of Cambodia approves 670 MW of clean energy projects

July 27, 2023

The Government of Cambodia has approved plans for six clean-energy projects, with a combined capacity of 670 MW. The projects approved include four solar energy facilities and two hydropower projects. The solar plants include the […]

Companies

WBSEDCL: Network growth, renewable energy initiatives and future plans

July 27, 2023

Established in 2007, post the un­bu­ndling of the erstwhile West Bengal State Electricity Board, West Ben­gal State Electricity Distribution Com­pany Limited (WBSEDCL) is one of the oldest power utilities in the country. With a substantial […]

Central Sector

PFC Consulting incorporates a new SPV for development of independent transmission project

July 26, 2023

PFC Consulting Limited has incorporated a new special purpose vehicle (SPV) for development of independent transmission project. This SPV is Koppal II Gadag II Transmission Limited for development of Transmission Scheme for Integration of Renewable […]

Private Sector

Avaada Energy bags solar project from SECI

July 26, 2023

Reportedly, Avaada Energy has bagged a 280 MWp renewable energy project from Solar Energy Corporation of India Limited (SECI). The company has won the project under tariff-based competitive bidding carried out by SECI as a […]

Posts pagination

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