Indian Energy Exchange (IEX) has got shareholders’ approval through postal ballot to buy back shares worth up to Rs 980 million. The company’s board of directors in its meeting on November 25, 2022 had approved […]
Adani Electricity Mumbai Limited (AEML) has, reportedly, invited long term bids for the procurement of 1,500 MW (750 MW + additional 750 MW under green shoe option) of power from grid connected renewable energy power […]
Japan has resumed public auctions for offshore wind power projects under revised rules aimed at encouraging a wider range of operators and accelerating the development of infrastructure. The government has launched the second major round […]
The Union Cabinet has approved National Green Hydrogen Mission with a financial outlay of Rs 197.44 billion upto 2029-30. The total outlay includes an outlay of Rs 174.90 billion for the Strategic Interventions for Green […]
SJVN Green Energy achieves financial closure of its 1,000 MW solar power project in Rajasthan (India) SJVN Green Energy Limited has achieved the financial closure of its 1,000 MW solar power project under execution at […]
Coal-based power generation accounts for over 67 per cent of the overall power generation in the country. Therefore, limiting emissions from coal-based power generation is a huge challenge and a number of steps are being taken […]
The Indian boiler, turbine and generator (BTG) industry has been grappling with the challenges of under-utilisation of manufacturing capacity and a shrinking order pipeline from thermal power plants (TPPs) in view of the shifting focus of […]
The country’s transmission segment is expected to grow considerably in the coming years to facilitate the integration of a large quantum of renewable energy. India has envisaged increasing its non-fossil fuel-based installed electricity generation capacity […]
The rapid increase in renewable energy generation and its integration, ageing infrastructure and synchronisation of regional grids with the national grid have put enormous pressure on system operators to maintain grid stability and reliability. Further, […]
Among the key reasons for India’s impressive renewable energy growth over the past few years are the country’s transparent competitive bidding mechanism for allocating projects and bankable contracts between offtakers and developers. The Solar Energy […]
Sundara Kavidass, MD, SP Energy Tek, USA Coal-fired power continues to dominate in India with more than 58 per cent share. However, the installed renewable energy capacity is on an increasing trend, reaching more than […]
The Electricity (Amendment) Bill, 2022 was introduced in Parliament in August 2022, proposing significant changes to the flagship Electricity Act, 2003. Importantly, it proposes to enable competition in retail power supply through non-discriminatory open access […]
The electricity traded in the day-ahead market in November 2022 was 5,083.85 MUs at the IEX. The average market clearing price range was Rs 3.85 per unit to Rs 5.17 per unit at the IEX. […]
The Electricity Act, 2003 highlights the basic need of consumers for continuous, reliable and quality supply by the distribution utilities. With the accelerated growth of renewable energy such as solar and wind; and the rise […]
NTPC Limited has signed a non-binding MoU with Tecnimont Private Limited, the Indian subsidiary of Maire Tecnimont Group, Italy, to jointly evaluate and explore the possibility to develop a commercial-scale green methanol production facility at […]
Godrej & Boyce, the flagship company of the Godrej Group, has announced that its Godrej Electricals & Electronics (E&E) business division is strengthening India’s energy sector with an emphasis on renewable energy. Godrej E&E has […]
The Indian Energy Exchange (IEX) has become India’s first carbon-neutral power exchange. IEX now uses market-based tradable instruments to offset its carbon emissions. To reduce its carbon footprint, IEX voluntarily cancelled certified emission reductions from […]
Khushboo Sachdev shoulders the strategic, business and operational responsibilities of Su-vastika. Her deep-rooted understanding of the nuances of the solar energy business and knowledge of its trends have ensured Su-vastika’s entry into new markets. Prior […]
Guilherme Mendonca has nearly three decades of experience spanning across geographies and covering diverse areas including telecommunications, consulting, infrastructure and energy. He is currently head, energy, Siemens Limited. According to Mendonca, India has made significant […]
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