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Home2023

Year: 2023

Private Sector

Results out for GUVNL’s 500 MW solar auction

February 3, 2023

Sprng Energy, IB Vogt, Hinduja Renewables, and Blupine Energy have won the Gujarat Urja Vikas Nigam Limited’s (GUVNL) auction to deliver power from 500 MW of grid-connected solar power projects (Tranche XVIII), with an additional […]

International News

SUSI sets up investment platform for renewables in Southeast Asia

February 3, 2023

SUSI Partners has launched a new investment platform for the development of utility-scale renewable energy projects in Southeast Asia. The platform will focus on the development and operation of greenfield solar photovoltaic (PV), wind and […]

Forum

Green Growth: Industry reactions to Union Budget 2023-24

February 2, 2023

As a part of the Union Budget 2023-24, the finance minister has announced several key measures that build on the government’s focus on green growth. Key announcements National Green Hydrogen Mission will facilitate the transition […]

Central Sector

CEA notifies Flexible Operation of Coal based Thermal Power Generating Units Regulations, 2023

February 2, 2023

The Central Electricity Authority (CEA) has notified CEA (Flexible Operation of Coal based Thermal Power Generating Units) Regulations, 2023. These regulations will apply to all coal based thermal power generating units owned or under control […]

Central Sector

Union Budget 2023-24 focuses on green growth

February 2, 2023

As a part of the Union Budget 2023-24, the finance minister has announced several key measures that build on the government’s focus on green growth. Key announcements National Green Hydrogen Mission will facilitate the transition […]

Private Sector

KEC International records a profit of Rs 176 million in the quarter ended December 2022

February 2, 2023

KEC International Limited has recorded a net profit of Rs 176 million for the quarter ended December 2022, a decrease of 81.2 per cent over the net profit of Rs 936.1 million recorded in the […]

Central Sector

Coal India records a profit of Rs 77.19 billion in the quarter ended December 2022

February 2, 2023

Coal India Limited has recorded a net profit of Rs 77.19 billion for the quarter ended December 2022, an increase of 69.39 per cent over the net profit of Rs 45.57 billion recorded in the […]

International News

Malaysia to export electricity to Singapore starting 2023

February 2, 2023

Malaysia-based Tenaga Nasional Bhd (TNB) will export around 100 MW of electricity to Singapore starting the second quarter of 2023. Under a two-year long power purchase agreement (PPA), output generated from a gas-fired plant in […]

Central Sector

Ministry of Coal receives highest ever number of bids in commercial coal block auction

January 31, 2023

The Ministry of Coal has received a total of 99  bids for 36 coal mines under two tranches – sixth round and second attempt of fifth round – of commercial coal mine auctions. Under sixth […]

Central Sector

MoP recommends coal linkage to plants based on washery rejects

January 31, 2023

The Ministry of Power (MoP) has recommended coal linkage to plants based on washery rejects for the optimum performance of the circulating fluidised-bed combustion boiler. As per the recommendation, the ratio of coal and rejects […]

Reforms and Regulations

MoP issues Electricity (Promoting Renewable Energy Through Green Energy Open Access) Amendment Rules, 2023

January 31, 2023

The Ministry of Power (MoP) has issued Electricity (Promoting Renewable Energy Through Green Energy Open Access) Amendment Rules, 2023 to further amend the Electricity (Promoting Renewable Energy Through Green Energy Open Access) Rules, 2022. As […]

Central Sector

REC records a profit of Rs 29.15 billion in the quarter ended December 2022

January 31, 2023

REC Limited has recorded a net profit of Rs 29.15 billion for the quarter ended December 2022, an increase of 5.12 per cent over the net profit of Rs 27.73 billion recorded in the same […]

Private Sector

Rays Power Infra signs MoU with Rajasthan government to build 1,800 MW solar park

January 31, 2023

Rays Power Infra Private Limited has inked a pact with the Rajasthan government to build a 1,800 MW solar park. The entire project is estimated to be worth Rs 91.40 billion. The project is divided […]

Private Sector

KEC International wins orders worth Rs 11.31 billion

January 31, 2023

KEC International Limited has secured new orders worth Rs 11.31 billion across its various businesses. The company’s transmission and distribution business has secured orders for projects in India, Africa and Americas. These include composite package […]

Private Sector

BrightNight announces differentiated 100 MW hybrid wind-solar power project in Maharashtra

January 31, 2023

BrightNight has announced plans for one of its inaugural projects in India, a differentiated 100 MW co-located, wind-solar hybrid renewable power project that will deliver clean, high-capacity factor power to commercial and industrial (C&I) customers […]

Central Sector

Economic Survey highlights India progressively becoming a favoured destination for investment in renewables

January 31, 2023

During 2021-22, India’s total renewable energy installed capacity (excluding hydro power above 25 MW) has reached over 116.4 GW with 1.7 GWh of electrical energy generation. Meanwhile, the total installed power capacity of utilities and […]

International News

ACEN to start construction of 60 MW Pangasinan Solar

January 31, 2023

ACEN is set to begin the construction of the 60 MW Pangasinan solar farm. This will bring the company’s attributable renewables capacity in the Philippines to around 1,600 MW for projects in operation and under […]

Central Sector

RBI issues first tranche of sovereign green bonds

January 30, 2023

The Reserve Bank of India (RBI) has issued the first Rs 80 billion tranche of sovereign green bonds on January 25, 2023. The tranche included Rs 40 billion each of 5-year and 10-year notes. The […]

Central Sector

Singareni Collieries commissions 5 MW floating solar plant

January 30, 2023

Singareni Collieries Company Limited (SCCL) has commissioned its first floating solar power plant with 5 MW capacity taking the total solar power generation capacity of the company to 224 MW at nine locations. The floating […]

State Sector

Nepal seeks to buy extra 90 MW power from Bihar to increase supply

January 30, 2023

Reportedly, Nepal Electricity Authority (NEA) has requested the Bihar government to supply an extra 90 MW of power as the drop in domestic electricity production has led to a power deficit in the country. This […]

Posts pagination

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