Reportedly, Indian Oil Corporation Limited (IOCL) is planning to establish green hydrogen plants at all its refineries as per a Rs 2 trillion green transition plan to achieve net-zero emissions from its operations by 2046. […]
The Essar Group has announced the formation of Essar Energy Transition (ETT) to drive energy transition. EET plans to invest USD3.6 billionin developing a range of low-carbon energy transition projects over the next five years, […]
The National Highways Logistics Management Limited (NHLML) and Jodhpur Vidyut Vitran Nigam Limited have, reportedly, signed a memorandum of understanding (MoU) to set up 11 solar power plants at six places in a section of […]
The Japan Bank for International Cooperation (JBIC) has signed a loan agreement with Saudi Electricity Company (SEC) for an electricity interconnection project that will link Saudi Arabia and Egypt. The project will construct a 3,000 […]
By Sushmita R. Ajwani, Director, Power and Renewables, ICF International The commercial and industrial (C&I) segment consumes around 665 billion units of electricity annually, which is more than 50 per cent of the total consumption […]
IntelliSmart Infrastructure Private Limited has received ‘IND A/Stable’ rating from India Ratings & Research for its debt facilities. The rating has been provided for rupee term loan, fund-based and non-fund-based working capital. The rating reflects […]
Indian Renewable Energy Development Agency Limited (IREDA) is planning to establish an office in Gujarat’s GIFT City to finance renewable energy projects in foreign currency. The office at GIFT City, Gandhinagar, will be classified as […]
The country’s total coal production has recorded a growth of over 16 per cent with production of 698.25 million tonnes (mt) during the period from April 2022 to Janaury 2023 as compared to 601.97 mt […]
Adani Power Limited’s subsidiary, Adani Power Maharashtra Limited (APML), and Orient Cement Limited have decided to terminate a pact signed between the two entities for utilisation of a parcel of land in Maharashtra. APML had […]
Japanese Hitachi Energy has placed in service its power quality solution, SVC Light, for the national grid operator, Egyptian Electricity Transmission Company (EETC). The SVC Light static synchronous compensator (STATCOM) technology will help to improve […]
The Ministry of Coal will commence forward auction of commercial coal mines from February 27, 2023. The Ministry of Coal had launched the sixth round and second attempt of fifth round of commercial coal mines […]
Reportedly, Sri Lanka’s Board of Investment has approved two wind power plants by Adani Green Energy Limited with a total investment of USD442 million. The two wind power plants of 350 MW are scheduled to […]
The Central Electricity Regulatory Commission (CERC), earlier this month, has allowed the introduction of a new segment, high price day ahead market (HP-DAM), on the energy exchanges wherein electricity can be sold and bought at […]
Indonesia has, reportedly, launched the first phase of mandatory carbon trading for coal power plants. The first stage of a carbon trading mechanism will cover 99 power plants with total installed capacity of 33.6 GW […]
NTPC Limited has been ranked as the top independent power producers and energy traders globally in the S&P Global Commodity Insights Top 250 Global Energy Company Rankings®-2022. The rankings are based on four key metrics including […]
The Ministry of Power has directed all imported coal-based (ICB) power plants, under Section 11 of the Electricity Act, 2003, to operate and generate power to their full capacity from March 16, 2023 to June […]
NTPC Limited’s arm NTPC Green Energy Limited (NGEL) has invited bids for rupee denominated term loan of up to Rs 90 billion. NGEL intends to raise fresh debt and repay outstanding liability of Rs 82 […]
Servokon has ventured into the solar energy sector to contribute towards the country’s endeavor to meet its net-zero targets. With this entry into the solar energy segment, Servokon has also become an engineering, procurement and […]
ACME Group and Japan’s heavy-industry manufacturer, IHI Corporation, have signed a memorandum of understanding (MoU) to explore business opportunities in green hydrogen. The intent of MoU is to jointly study and evaluate potential projects with […]
We are excited to launch two new services – India Power Monitor and PowerPlus – from publishers of Power Line magazine. PowerPlus is a continuing information advisory service that includes 1) India Power Monitor and 2) four segment reports which are updated quarterly. India […]
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