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Home2023December

Month: December 2023

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Private Sector

ADB approves $200 million loan for climate resistance power system in Uttarakhand

December 6, 2023

The Asian Development Bank (ADB) has approved a $200 million loan to strengthen power supply in Uttarakhand, with the goal of improving quality, efficiency, and reliability. The project is a significant step towards Uttarakhand’s objective […]

Cables and Conductors

Upward Trend: Cable and conductor market overview

December 6, 2023

Cables and conductors stand as integral components within the power transmission and distribution (T&D) network. The cables industry, following the downturn owing to the Covid-19 pandemic, is now gaining mo­mentum, primarily fuelled by the grow­th […]

Cables and Conductors

Optimising Power Flow: Emerging cable and conductor technologies

December 6, 2023

The increasing demands for energy can be met through advanced power cables and conductors. The cable and conductor markets are witnessing innovation in technologies that can withstand high temperatures and achieve seamless high voltage power […]

Finance

Reviving Stressed Assets: MoP issues advisory to state gencos

December 6, 2023

In a recent initiative to accelerate the turnaround of stressed power assets, the Ministry of Power (MoP) has issued an advisory to state gencos and power departments, urging them to participate in the ongoing insolvency […]

Cables and Conductors

Need for Reconductoring: CEA paper identifies key considerations and challenges

December 6, 2023

In order to adapt to the evolving power demand and generation dynamics, there is a need to expand and stren­gthen the transmission system. This includes constructing new transmission lines and substations, and enhancing existing transmission […]

Specials

Demand Surge: Plans and strategies to meet the growing power needs

December 5, 2023

Propelled by economic growth, In­dia’s electricity demand is growing by leaps and bounds. In Octo­ber 2023, power demand recorded an in­crease of 21 per cent over the corres­pon­ding period of the previous year, while in […]

Renewables

RPO Trajectory: MoP notifies targets up to financial year 2030

December 5, 2023

In a key development, the Ministry of Power (MoP) has notified the renewable purchase obligation (RPO) targets for designated consumers up to March 2030 in accordance with the Ener­gy Conservation Act, 2001. The move has […]

Distribution

Reverse Charging Solutions: CEA report on EV utilisation for vehicle-to-grid services

December 5, 2023

Smart electric vehicle (EV) charging, which adapts the charging cycle of EVs to both power system conditions and the needs of vehicle users, has the potential to flatten peak demand, fill load valleys and support […]

Specials

Green Growth Goals: Japan’s decarbonisation strategies

December 5, 2023

Japan’s electricity sector is undergoing a significant transformation, driven primarily by the imperative to enhance interregional connections. The country’s goal is to meet its carbon neutrality targets by 2050 under the Gre­en Growth Strategy. Japan […]

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International News

UAE-based firm to develop 10 GW of renewable energy projects in Malaysia

December 5, 2023

UAE-based Masdar has signed an implementation roadmap to develop 10 GW of renewable energy projects in Malaysia. The projects will include ground-mounted, rooftop and floating solar power plants, onshore wind farms and battery energy storage […]

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Private Sector

Tata Power’s Trombay unit receives five year extension for power supply from MERC

December 5, 2023

The Maharashtra Electricity Regulatory Commission (MERC) has approved a five year extension for the power supply from Tata Power’s Trombay units till March 2029. The company operates three units at Trombay of 500 MW, 250 […]

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State Sector

Andhra Pradesh’s CM commences construction of solar projects, substations worth Rs 66 billion

December 5, 2023

The Andhra Pradesh government has announced the commencement of a 750 MW solar project in Kadapa and a 100 MW solar plant in Anantapur. Additionally, the state government inaugurated 12 Transmission Corporation of Andhra Pradesh […]

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Central Sector

SJVN’s 60 MW NMHPS commissions commercial generation

December 5, 2023

SJVN Limited has commissioned both units of the 60 MW Naitwar Mori hydro power station (NMHPS) situated on the River Tons, in Uttarkashi district, Uttarakhand. With this addition, the company’s total installed generation capacity now […]

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Private Sector

Tata Power acquires Bikaner-Neemrana worth Rs 15.44 billion

December 5, 2023

Tata Power Limited has secured the bid to acquire Bikaner-III Neemrana-II Transmission Limited, a project special purpose vehicle (SPV) set up by PFC Consulting Limited, a subsidiary of Power Finance Corporation. The company has  received […]

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Central Sector

Powergrid secures bid for two ISTS projects under BOOT basis

December 5, 2023

Power Grid Corporation of India Limited (Powergrid) has been declared as successful bidder under tariff based competitive bidding to establish two inter-state transmission system (ISTS) projects under build, own operate and transfer (BOOT) basis. The […]

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International News

Vena Energy commissions 2 solar projects in Japan

December 4, 2023

Vena Energy has commissioned two solar power plants, Nanbucho 2 and Nanbucho 3, located in Nanbu-cho, Aomori Prefecture, Japan. These solar projects are poised to provide electricity to approximately 4,900 households while contributing to environmental […]

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Private Sector

Antaisolar signs supply agreement with L&T for 35.76 MWp solar tracker project in India

December 4, 2023

Antaisolar has signed a 35.76 MWp solar tracking system supply deal with Larsen & Toubro Limited (L&T) for projects in India. To support the project, L&T has opted for TAI-Simple (S2), Antaisolar’s self innovated single-axis […]

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Central Sector

Bharat Coking Coal starts commercial operations of 5.0 mtpa Madhuband washery

December 4, 2023

Bharat Coking Coal Limited (BCCL) has started commercial operations at its state-of-the-art 5.0 million tonnes per annum (mtpa) Madhuband washery. This advanced washery, known for its logistical efficiency and cutting-edge technology, has positioned itself as […]

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Central Sector

PFC Consulting incorporates new SPV for development of independent transmission projects

December 4, 2023

PFC Consulting Limited (PFCCL) has incorporated a special purpose vehicle (SPV)- Paradeep Transmission for the development of “Eastern Region Limited Expansion Scheme-XXXIV (ERES-XXXIV)”. PFCCL, a wholly owned subsidiary of Power Finance Corporation Limited, has been […]

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Private Sector

Sterlite Power secures 8 GW green energy transmission project in Rajasthan

December 4, 2023

Sterlite Power Limited has secured the order for Rajasthan REZ Ph-IV (Part-1-Bikaner Complex): Part-B Transmission project. With this order win, Sterlite Power has secured its third green energy corridor (GEC) project in the state of […]

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