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Home2023December

Month: December 2023

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Private Sector

Siemens India to separate its energy operations

December 19, 2023

Siemens Limited’s board has granted approval for the proposed demerger of its energy business, creating a seperate unit. Concurrently, the Indian arm of Siemens AG, the German engineering company, has approved the immediate establishment of […]

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International News

PetroGreen Energy completes 27 MW solar project in the Philippines

December 19, 2023

PetroGreen Energy Corporation (PGEC) has completed the 27 MWdc Dagohoy Solar Power Project (DSPP) in San Vicente and Sta. Cruz, Bohol, Philippines. The project was developed at an investment of PHP1.2 billion and will enhance […]

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Private Sector

Suzlon secures 100.8 MW order for 3 MW series

December 19, 2023

Suzlon Group has secured a new order win for the development of a 100.8 MW wind power project for a leading global utility company. Suzlon will install 32 wind turbine generators with a hybrid lattice […]

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Reforms and Regulations

MoP notifies draft Electricity (Rights of Consumers) Second Amendment Rules, 2023

December 19, 2023

The Ministry of Power (MoP) has notified draft Electricity (Rights of Consumers) Second Amendment Rules, 2023. As per the draft, the distribution licensee shall provide individual connection for suppy of electricity to owners(s) or occupier(s) […]

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Private Sector

TPSSL and NTPC ink contract to supply 152 MWp solar modules

December 19, 2023

Tata Power Solar Systems Limited (TPSSL) has signed a contract with NTPC Limited to deliver 152 MWp solar photovoltaic modules. The modules will be delivered for NTPC’s Nokh solar project in Rajasthan. The project’s value […]

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Company Release

IEEMA inaugurates the 16th edition of the T&D Conclave in New Delhi

December 18, 2023

The Indian Electrical & Electronics Manufacturers’ Association (IEEMA), the apex association of the Indian electrical equipment manufacturing industry, has inaugurated the 16th edition of the T&D Conclave at New Delhi on December 16, 2023. Speaking […]

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Private Sector

BluPine Energy achieves financial closure for a 120 MW solar project in Gujarat

December 18, 2023

BluPine Energy has announced financial closure for its 120 MW solar project situated in Gujarat, secured under the Gujarat Urja Vikas Nigam Limited (GUVNL)16 tender. The green loan financing for the project has been secured […]

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International News

Government approves 500 kV project worth VND14.23 trillion in Vietnam

December 18, 2023

The Vietnamese government has approved the investment and implementation plans of the 500 kV Quang Trach–Quynh Luu and Quynh Luu–Thanh Hoa projects, with a total investment of VND14.23 trillion. These are part of the larger […]

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State Sector

CSERC modifies renewable energy tariff regulations

December 18, 2023

The Chhattisgarh State Electricity Regulatory Commission (CSERC) has modified its current regulations pertaining to the determination of generation tariff and associated issues for electricity produced from clean sources of energy. The suggested revisions, named “Chhattisgarh […]

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Private Sector

SWRE raises Rs 15 billion through QIP route

December 18, 2023

Sterling and Wilson Renewable Energy Limited (SWRE) has completed a fundraise of Rs 15 billion through qualified institutions placement (QIP) route. The Securities Issuance Committee of Board of Directors at its meeting approved the issue […]

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Reforms and Regulations

MoP notifies draft Electricity (Late Payment Surcharge and Related Matters) Amendment Rules, 2023

December 18, 2023

The Ministry of Power (MoP) has notified draft Electricity (Late Payment Surcharge and Related Matters) (Amendment) Rules, 2023. The proposed amendment to the rules outlines measures to be taken in cases of non-payment of dues, […]

EXPERT OPINION

Market Power: Concentration of market power in power market

December 16, 2023

Market monitors are crucial for continuously overseeing market activity, particularly in terms of predicting the possession of market power in the power market. This is be­cause electricity cannot be stored economically at large volumes, and […]

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Uncategorised

Content Hub

December 15, 2023
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International News

Mozambique’s Songo–Matambo transmission line obtains AfDB grant

December 15, 2023

The African Development Bank (AfDB) has approved a grant of USD33.3 million for the Songo–Matambo electricity transmission line project in the Tete province in west-central Mozambique. The project entails the construction of a 400 kV […]

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Private Sector

AGEL to raise $410 million to refinance 2024 dollar bond

December 15, 2023

Reportedly, Adani Green Energy Limited (AGEL) is planning to raise $410 million through a new bond issuance to refinance a dollar note set to mature in about a year. The refinancing plan for Adani Green’s […]

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Central Sector

SBI to sign Rs 6.30 billlion LoC with KfW for solar projects

December 15, 2023

State Bank of India (SBI) will sign 70 million euro (about Rs 6.30 billion) line of credit (LoC) with German Development Bank KfW for promoting solar project in the country. The LoC is aimed at […]

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Private Sector

Sembcorp Industries subsidiary secures 300 MW solar project from NHPC

December 15, 2023

The renewable energy division of Sembcorp Industries has secured a 300 MW solar project from NHPC Limited. Green Infra Wind Energy, Sembcorp’s wholly-owned subsidiary, will develop the project on build-own-operate basis, which is a part […]

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Private Sector

Hartek commissions 400 kV substation for PGCIL at Jind, Haryana

December 15, 2023

Hartek Power Private Limited has announced the successful extension of 220 kV for the 400 kV substation at Khatkar (Jind) Haryana Power Grid Corporation of India Limited (PGCIL) substation project. The project, awarded under package […]

Videos

Power Distribution in India | December 11-12, 2023 | Le Meridien, New Delhi.

December 14, 2023

  A quick look at our 18th annual conference on Power Distribution in India, which took place on December 11-12, 2023 at Le Meridien, New Delhi. We thank all our speakers, delegates, and sponsors for […]

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International News

ACEN secures USD100 million to achieve 20 GW renewable energy goal by 2030

December 14, 2023

Philippines-based ACEN Corporation has secured USD100 million in debt to achieve its target of 20 GW of installed renewable energy by 2030. The five-year green-term loan facility will be extended to ACEN Renewables International Private […]

Posts pagination

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