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Home2023September

Month: September 2023

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International News

South Africa signs two hybrid project agreements under RMIPPPP

September 6, 2023

South Africa has signed project agreements with additional two preferred bidders appointed under the Risk Mitigation Independent Power Producer Procurement Programme (RMIPPPP), in Pretoria for two hybrid projects. The two projects of ZAR14.6 billion and […]

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Private Sector

KPI Green secures order for 9 MW solar power project from Gujarat Polyfilms under CPP

September 6, 2023

KPI Green has secured a new contract for executing 9 MW solar power project from Gujarat Polyfilms Private Limited within the company’s captive power producer (CPP) segment. The project is scheduled to be completed in […]

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Private Sector

GMR Smart receives LoA for AMI services in Purvanchal zone under Uttar Pradesh RDSS

September 6, 2023

GMR Smart Electricity Distribution Private Limited, a subsidiary of GMR Power and Urban Infra Limited, received a letter of award (LoA) worth Rs 51,233.7 million from Purvanchal Vidyut Vitran Nigam Limited (PVVNL) for smart metering […]

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Private Sector

TPREL inks agreement for 26 MW AC group captive solar plant with Neosym Industry

September 6, 2023

Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power Company Limited, has entered into a power delivery agreement (PDA) with Neosym Industry Limited (Neosym). The agreement pertains to a 26 MW AC group […]

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Central Sector

IREDA and IIFCL collaborate to finance renewable energy projects

September 6, 2023

Indian Renewable Energy Development Agency Limited (IREDA) and India Infrastructure Finance Company Limited (IIFCL) have entered into a memorandum of understanding (MoU) to provide financing for various categories of renewable energy projects, including small hydro […]

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International News

Nuclear energy added in revised energy roadmap for the Philippines

September 5, 2023

The Department of Energy’s (DOE) revised energy roadmap for the Philippines will include the development of nuclear energy capacity. This will increase renewable energy targets under the clean energy scenario. DOE has conducted the first […]

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Private Sector

NIIF backed Ayana Renewable Power to develop 330 MW renewable energy capacity for Hindalco

September 5, 2023

Backed by National Investment and Infrastructure Fund (NIIF), Ayana Renewable Power has entered into a power purchase agreement with Hindalco Industries , a part of the Aditya Birla Group, for the supply of 100 MW […]

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Central Sector

MoP issues national framework for promoting energy storage systems

September 5, 2023

The Ministry of Power (MoP) has issued national framework aimed at promoting energy storage systems (ESS). The key objectives of the framework are to ensure a constant supply of renewable energy, reduce emissions, and lower […]

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Reforms and Regulations

MoP notifies draft Electricity Distribution (Accounting aspects of Specified Items & Additional Disclosures), Rules, 2023

September 5, 2023

The Ministry of Power (MoP) has issued draft Electricity Distribution (Accounting aspects of Specified Items & Additional Disclosures), Rules, 2023. The rules shall be applicable to specified entity (SE). SEs which are presently recognising regulatory […]

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Reforms and Regulations

MoP issues Electricity (Third Amendment) Rules, 2023

September 5, 2023

The Ministry of Power (MoP) has issued Electricity (Third Amendment) Rules, 2023. As per the amendment, the captive status of such generating plants, where captive generating plant and its captive user(s) are located in more […]

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Central Sector

MoP extends mandatory blending of imported coal in thermal power plants till March 2024

September 5, 2023

The Ministry of Power (MoP) has extended the mandate to gencos for blending imported coal in thermal power plants till March 2024. Meanwhile, the MoP also revised the blending percentage of imported coal to 4 […]

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International News

DOE to retire 5,000 MW of coal capacity in Philippines

September 4, 2023

The Department of Energy (DOE) plans to retire and reutilise 5,000 MW of coal capacity in the medium term in the Philippines in an attempt to recalibrate the country’s total power mix. The criteria for […]

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Private Sector

Genus Power receives LoA for order worth Rs 22.47 billion

September 4, 2023

Genus Power Infrastructures Limited (GPIL) has received a letter of award (LoA) to supply smart meters. The company’s step-down wholly owned subsidiary has been appointed as an advanced metering infrastructure service provider (AMISP). In the […]

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Private Sector

Tata Power-DDL receives three year extension from DSIR for in-house R&D unit

September 4, 2023

Tata Power Delhi Distribution Limited has received the renewal of recognition for its smart grid lab as the in-house research and development (R&D) unit for the next three years by the Department of Scientific and […]

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Central Sector

NTPC signs MoU with OIL collaborate on renewable energy and sustainability through

September 4, 2023

NTPC Limited and Oil India Limited (OIL) have signed a memorandum of understanding (MoU) to explore collaboration in the areas of renewable energy, green hydrogen, and its derivatives. The collaboration is also to pursue geothermal […]

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Central Sector

NTPC REL secures green term loan agreement to boost RE initiatives

September 4, 2023

NTPC Renewable Energy Limited (NTPC REL) has signed a secured green term loan agreement with a 15-year tenure for an amount of Rs 21.37 billion with the Central Bank of India. The loan can be […]

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International News

South Africa signs MoU with China to upgrade power network

September 1, 2023

During the 15th Brazil, Russia, India, China and South Africa (BRICS) summit held between August 22-24, 2023, South Africa signed a memorandum of understanding (MoU) with China to improve its ageing coal-fired generation projects and […]

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Central Sector

RECPDCL board gives nod for transfer of Beawar Transmission Limited to Sterlite Power

September 1, 2023

REC Power Development and Consultancy Limited (RECPDCL) has granted approval for the divestment and transfer of the entire shareholding of Beawar Transmission Limited, in accordance with Regulation 30 and Schedule III of the SEBI (LODR) […]

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Central Sector

NTPC secures investment approval for Lara Super Thermal Power Project

September 1, 2023

NTPC  Limited has accorded investment approval for Lara Super Thermal Power Project, Stage – II (2 X 800 MW) at an appraised current estimated cost Rs 155.3 billion .The power station is located near Lara […]

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Central Sector

USA and India collaborate to launch renewable energy technology action platform

September 1, 2023

The United States Department of Energy (DOE) and India’s Ministry of New and Renewable Energy (MNRE) have introduced the US-India Renewable Energy Technology Action Platform (RETAP). In its initial phase, RETAP is focused on key […]

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