Reportedly, Oil and Natural Gas Corporation Limited (ONGC) has revealed plans to invest around Rs 300-350 billion to achieve a 5 GW capacity for solar and wind energy projects by the year 2030. The company […]
KPIG Energia Private Limited, a wholly owned subsidiary of the KPI Green Limited, has secured new orders of 1.75 MW for executing solar power projects under captive power producer (CPP) segment. The cumulative orders of […]
Coal India Limited (CIL) has reported a notable increase in capital expenditure (capex), rising by Rs 7.41 billion to reach Rs 104.92 billion in the eight months ending November 2023-24, marking a 7.6 per cent […]
Tata Power Renewable Energy Limited (TPREL) has signed a power delivery agreement (PDA) with Dr. Abhay Firodia Group of Companies, namely Force Motors Limited and Jaya Hind Industries Private Limited, for supplying green power for […]
LONGi Green Energy Technology Company Limited (LONGi) has launched the first phase of its Serendah Module plant in Malaysia. The plant is located in Serendah, Selangor, on Malaysia’s west coast, this facility is an integral […]
IndiGrid has secured Rs 6.7 billion through a Securities and Exchange Board of India-compliant institutional placement (IP) process. Initiated on December 5, 2023, the IP process witnessed significant interest from both established and new institutional […]
Jakson Group has inaugurated a state-of-the-art genset manufacturing facility in Phaltan, Maharashtra. The company aims to achieve an annual production capacity of approximately 2,500 gensets, ranging from 250 kVA to 3,500 kVA, with a focus […]
Rays Power Infra Limited and Uttarakhand government has inked a pact to set up a 500 MW solar park in the state. In addition to meeting the state’s electricity needs, the solar park project is […]
The Government of Uttarakhand has allocated development of five hydro electric projects (HEPs) and pumped storage projects (PSPs) to THDCIL-UJVNL Energy Company Limited, a joint venture (JV) between THDC India Limited and Uttarakhand Jal Vidyut […]
Singapore-based Gurīn Energy will develop its 75 MW solar farm in Palauig, Philippines at an investment of USD60 million. The farm will span 80 hectares in area and will integrate 136,363 ground-mounted and solar photovoltaic […]
Adani Group has announced the establishment of the world’s largest green energy park in the Rann of Kutch, Gujarat. The project will cover 726 square km in of land the Rann desert, and is set […]
Tata Power EV Charging Solutions Limited (TPEVCSL) has entered into a memorandum of understanding (MoU) with Indian Oil Corporation Limited (IOCL) to deploy fast and ultra-fast electric vehicle (EV) charging stations throughout India. Under this […]
Indian Renewable Energy Development Agency (IREDA) has introduced its retail division, focusing on extending loans in the business-to-consumer (B2C) domain. This strategic move specifically targets borrowers participating in the Pradhan Mantri Kisan Urja Suraksha evam […]
REC Limited has signed a 200 million euro loan agreement with Germany’s KfW bank to enhance the distribution segment. This agreement marks REC’s sixth line of credit under the Indo-German Development Cooperation and demonstrates the […]
The state-owned Nepal Electricity Authority (NEA) has put into operation the 220/132/33 kV Basantapur substation in Dharmadevi municipality, Sankhuwasabha district, Koshi province, Nepal. Built at a height of 2,450 metres above sea level, the substation […]
Kerala has designated Rs 0.9 billion for the initial phase of the green hydrogen valley and more than Rs 124 billion for the green transport corridor projects. The allocated budget of Rs 0.9 billion will […]
Sunsure Energy Limited has entered into a 25-year agreement to provide Sandoz India with 31 million units of renewable energy. The supply will originate from a 20 MW solar power plant located in Maharashtra. This […]
The Asian Development Bank (ADB) has given its approval for a $250 million policy-based loan aimed at enhancing the financial sustainability of India’s power sector and promoting the transition towards renewable energy. This policy-based loan […]
PFC Consulting Limited (PFCCL) has established Gola B-Ramgarh Transmission Limited as its wholly-owned subsidiary to execute a transmission project in Jharkhand. The newly formed special purpose vehicle (SPV) is dedicated to develop an intra-state transmission […]
The Ministry of New & Renewable Energy (MNRE) has released the ‘National Repowering & Life Extension Policy for Wind Power Projects 2023.’ This policy allows for the upgrading of older generation turbines with more efficient […]
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