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Home2023September

Month: September 2023

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Private Sector

Cleantech Solar begins operations of its solar plant in India

September 15, 2023

CleanTech Solar has announced the commercial operation of its maiden virtual power purchase agreement (VPPA). The electricity generated by the operational solar power facility in India is sold to the energy exchange. The project has […]

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Private Sector

KPI Green Energy commissions 7.80 MW hybrid renewable energy project

September 15, 2023

KPI Green Energy Limited has commissioned 7.80 MW wind-solar hybrid power project in Surat, Gujarat. The project comprised of 4.20 MW wind capacity developed by KPI Green Energy and 3.60 MW DC solar capacity provided […]

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International News

ADB signs USD13.8 million loan agreement for installation of rooftop solar system in Vietnam

September 14, 2023

The Asian Development Bank (ADB) has signed a USD13.8 million loan agreement with France-based GreenYellow Smart Solutions Company Limited for the installation of rooftop photovoltaic solar systems in Vietnam. The planned installed capacity is 32.3 […]

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Private Sector

Waaree secures LoI for setting up of solar power project

September 14, 2023

Waaree Renewable Technologies Limited has received a letter of intent (LoI) for engineering, procurement and construction services in respect of setting up of a solar power project of 52.6 MWp capacity. As per the terms […]

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Private Sector

KEC International secures orders worth Rs 10.12 billion

September 14, 2023

KEC International Limited has secured new orders of Rs 10.12 nillion across its various businesses. The company’s transmission and distribution business has secured 765 kV transmission line project in India and the supply of towers, […]

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Central Sector

CIL announces Rs 240 billion investment in 61 FMC projects

September 14, 2023

Coal India Limited (CIL) has planned a capital investment of around Rs 247.5 billion for the development of 61 first mile connectivity (FMC) projects in a push towards eco-friendly coal transportation. These projects will be […]

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Private Sector

TPSSL collaborates with SIDBI to provide convenient solar adoption financing for MSMEs

September 14, 2023

Tata Power Solar Systems Limited (TPSSL) and Small Industries Development Bank of India (SIDBI) have entered into a memorandum of understanding (MoU) to facilitate accessible financing options for micro, small and medium enterprises (MSMEs). The […]

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State Sector

GMR group secures LoA for smart metering project from DVVNL

September 14, 2023

GMR Smart Electricity Distribution Private Limited (GSEDPL) has received letter of award (LoA) from Dakshinanchal Vidyut Vitran Nigam Limited (DVVNL) to implement smart metering project in the Dakshinanchal (Agra, and Aligarh zone) area of Uttar […]

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International News

Philippines’ DOE, TransCo plan to complete green grid strategy by 2023

September 13, 2023

Philippines’ Department of Energy (DOE) and the National Transmission Corporation (TransCo) plan to complete a strategic smart and green grid plan by end-2023. The plan will aim to ensure the seamless integration of additional renewable […]

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Private Sector

Sterlite Power Transmission reports profit of Rs 2.63 billion in 2022-23

September 13, 2023

Sterlite Power Transmission Limited has recorded a net profit of Rs 2.63 billion during the financial year 2022-23, registering an increase of 21.2 per cent over the net profit of Rs 2.17 billion recorded in […]

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Central Sector

NGEL collaborates with Nayara Energy to produce green hydrogen

September 13, 2023

NTPC Green Energy Limited (NGEL) and Nayara Energy have inked a memorandum of understanding (MoU) to explore prospects within the green hydrogen and green energy space. The MoU aims to collaborate and produce green hydrogen […]

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Private Sector

DFC approves USD425 million financing for Tata Power’s 4.3 GW solar cell and module manufacturing plant in Tamil Nadu

September 13, 2023

The Board of Directors of the U.S. International Development Finance Corporation (DFC) has approved to provide financing of up to USD425 million to TP Solar Limited, a subsidiary of Tata Power Renewable Energy Limited (TPREL). […]

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Central Sector

Powergrid emerges as winning bidder in TBCB auction

September 13, 2023

Power Grid Corporation of India Limited (Powergrid) has declared as successful bidder under tariff based competitive bidding to establish inter-state transmission system project namely “Transmission system for evacuation of power from REZ in Rajasthan (20 […]

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Central Sector

India and Saudi Arabia sign MoU to collaborate in energy sector

September 13, 2023

India and Saudi Arabia have entered into a memorandum of understanding (MoU) to enhance collaboration in the energy sector. The MoU encompasses several key areas of cooperation, including renewable energy, energy efficiency, hydrogen, electricity and […]

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International News

Hydropower project in Laos gets green light for feasibility studies

September 12, 2023

The Ministry of Planning and Investment and Xaysana Energy Sole Company Limited have signed a project development agreement (PDA) to conduct feasibility studies for the Nam E-moun 1 and Nam E-moun 2 hydropower projects in […]

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Private Sector

Oriana Power secures Rs 1 billion contract to set up 29 MW captive open access solar power plant

September 12, 2023

Oriana Power Limited has secured a contract worth Rs 1 billion to set up 29 MW captive open access solar power plant for a steel manufacturing company based out of Karnataka. Oriana Power will be […]

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Reforms and Regulations

CERC notifies draft CERC (Terms and Conditions of Tariff) (Fourth Amendment) Regulations, 2023

September 12, 2023

The Central Electricity Regulatory Commission (CERC) has notified the CERC (Terms and Conditions of Tariff) (Fourth Amendment) Regulations, 2023. The latest draft regulation suggests removing Section 17 from the principal regulation. According to the accompanying […]

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Central Sector

SJVN signs PPA with BBMB for solar project development

September 12, 2023

SJVN Green Energy Limited (SGEL) has signed power purchase agreement (PPA) with Bhakra Beas Management Board (BBMB) for the development of 18 MW solar power. This project will be developed on BBMB’s land parcels in […]

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Central Sector

NTPC achieves total installed capacity of 73,824 MW

September 12, 2023

NTPC Limited’s total installed capacity has reached 73,824 MW with the completion of trial operation of the first unit of 800 MW super thermal power project at Telangana. Meanwhile, NTPC Green Energy Limited (NGEL) and […]

EXPERT OPINION

Electrical Safety Audits: A key practice to avoid accidents and fires

September 11, 2023

Electricity plays a vital role in enab­ling every aspect of modern life, be it at home or at work. However, it is also an immensely powerful and dangerous force – one that poses significant risks […]

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