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Home2023December

Month: December 2023

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International News

World Bank consents legal separation of South African Eskom’s transmission division

December 8, 2023

South Africa’s state-owned energy company, Eskom, has announced that the World Bank, a key strategic creditor of Eskom, has granted consent for the proposed legal separation of its transmission division from Eskom to the National […]

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Private Sector

Adani Group plans to invest USD75 billion to ramp up its renewable energy portfolio

December 8, 2023

Adani Group is planning to invest USD75 billion on energy transition initiatives with the aim to boost its goal to 45 GW of renewable energy capacity by 2030. The investments will be executed through Adani […]

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Private Sector

KPI Green acquires KPark Sunbeat for Rs 1.26 billion

December 8, 2023

KPI Green Energy Limited has acquired a 99.90 per cent stake in KPark Sunbeat Limited. This strategic move aims to consolidate the solar power projects within the KP Group into a single entity, i.e. KPI […]

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Private Sector

ReNew secures initial agreement with ADB for $5.3 Billion funding

December 8, 2023

ReNew Energy Global Plc has signed a memorandum of understanding (MoU) with the Asian Development Bank (ADB) for a funding of USD5.3 billion. The MoU outlines potential investments in renewable energy projects, manufacturing, carbon offset […]

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Central Sector

Powergrid secures bid for ISTS project under BOOT basis

December 8, 2023

Power Grid Corporation of India Limited (Powergrid) has been declared as successful bidder under tariff based competitive bidding to establish inter-state transmission system (ISTS) project for “Transmission Scheme for Integration of Renewable Energy Zone (Phase-II) […]

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Company Release

World Coal Association transforms into Future Coal: The global alliance for sustainable coal

December 7, 2023

After 38 years, the World Coal Association (WCA) has entered a new era by rebranding itself as FutureCoal–The Global Alliance for Sustainable Coal. The FutureCoal organisation will now represent major and strategic players across the […]

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Company Release

IEEMA inaugurates 12th edition of Trafotech Global conference on “Transformers for Sustainable Future”

December 7, 2023

The Indian Electrical & Electronics Manufacturers’ Association (IEEMA) has inaugurated the 12th edition of the Trafotech Global Conference themed “Transformers for Sustainable Future”. Trafotech Global is one of the longest-running transformer conferences in India where […]

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Company Release

LONGi launches new solar module plant in Selangor, Malaysia

December 7, 2023

LONGi Green Energy Technology Company Limited (LONGi) has launched the first phase of its Serendah Module plant in Malaysia. Located in Serendah, Selangor, on Malaysia’s west coast, this facility is an integral part of LONGi’s […]

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Company Release

Schneider Electric launches cutting-edge battery lab in Bengaluru

December 7, 2023

Schneider Electric has launched its state-of-the-art battery lab, emerging as a frontrunner in driving the new energy transition, and emphasising its commitment to sustainable energy solutions and environmental consciousness. The ne­w­ly in­augurated battery lab is […]

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Company Release

Ayana Renewable Power becomes India’s first company with the highest ESG rating globally

December 7, 2023

Ayana Renewable Power, India’s leading independent power producer backed by the National Investment and Infra­str­ucture Fund, British International Investment and Green Growth Equity Fund, has been ranked first in Asia and among the top three […]

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Company Release

L&T joins the Hydrogen Council as a Steering Member

December 7, 2023

Reaffirming its commitment to a cleaner and more sustainable future, L&T has joined the Hydrogen Council, a powerful and diverse global CEO-led coalition of 140+ multinational companies dedicated to advancing the role of hydrogen in […]

Power Data

Power Generation: Total power generation in September 2023

December 7, 2023

Total power generation stood at 149.58 BUs in September 2023. At around 51.12 BUs and 40.03 BUs, the central and private sectors respectively accounted for the major share of conventional power generation. Meanwhile, renewable energy […]

Power Trading

Power Trading: At the Indian Energy Exchange, Power Exchange India Limited and Hindustan Power Exchange in October 2023

December 7, 2023

The electricity traded in the day-ahead market in October 2023 was 4688.68 MUs at the IEX, 21.60 MUs at PXIL and 36.82 MUs at HPX. The average market clearing price range was Rs 3.49 per […]

Power Data

Discom Performance: Profitability and gap

December 7, 2023
Emission Control

Top Priority: Implementing FGD systems to reduce SOx emissions

December 7, 2023

Thermal power plants (TPPs) are responsible for large volumes of emi­ssions, making the reduction of pollutants such as SOx, NOx and particulate matter a top priority for power plant operators. Overall compliance with the emission […]

Emission Control

Checking Emissions: Solutions to reduce NOx levels in TPPs

December 7, 2023

In the ever-evolving area of power generation, attention must be given to mitigating the adverse effects of nitrogen oxides (NOx). NOx emissions, stemming from combustion processes within power plant boilers, present a substantial and pressing […]

Emission Control

Managing PM Emissions: Advanced technologies and mechanisms to reduce pollution levels

December 7, 2023

Particulate matter (PM) emission from thermal power plants (TPPs) is a key contributor to  air pollution. Industry estima­tes suggest that coal-based TPPs contri­bute 60 per cent of the total PM emitted. These emissions need to […]

Emission Control

Progress Update: Status of FGD installations

December 7, 2023
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Company Release

IntelliSmart builds a smart meter project portfolio of Rs 200 billion, one of the largest under RDSS

December 7, 2023

IntelliSmart Infrastructure Private Limited built a strong portfolio of smart metering projects under Revamped Distribution Sector Scheme (RDSS), with a portfolio size close to Rs 200 billion. In Uttar Pradesh, the company has been awarded […]

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International News

ADB announces USD10 billion climate finance for the Philippines

December 7, 2023

The Asian Development Bank (ADB) has announced USD10 billion in climate financing for the Philippines between 2024 and 2029. The funds will help the Philippine government to implement its commitments to climate action under the […]

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