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Home2024February

Month: February 2024

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International News

Greece and Saudi Arabia to conduct feasibility study on joint interconnection

February 16, 2024

Greek Independent Power Transmission Operator (IPTO), Anexartitos Diacheiristis Metaforas Ilektrikis Energeias, and its Saudi counterpart, National Grid SA, have established a joint venture (JV) named Saudi Greek Interconnection, to conduct a feasibility study for the […]

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Central Sector

ALMM reinstated with certain exemptions

February 16, 2024

The Ministry of New and Renewable Energy (MNRE) has decided to reimpose the regulatory measure of Approved List of Models and Manufacturers (ALMM) for solar photovoltaics modules from April 1, 2024. The ALMM order, which […]

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Private Sector

Nxtra inks agreement for 140 GWh of renewable energy to power data centers

February 16, 2024

Nxtra has announced a power-wheeling agreement with Ampln Energy Transition and Amplus Energy to secure an additional 140,208 MWh of renewable energy. AmpIn Energy Transition and Amplus Energy will establish captive solar and wind power […]

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Private Sector

Cleantech Solar commissions 24 MWp open access solar projects

February 16, 2024

Cleantech Solar has announced the completion of open access solar photovoltaic projects with a combined capacity of 24 MWp. The projects are situated in its solar park, located in the Yavatmal district of Maharashtra. Energy […]

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Central Sector

NHPC declares winners of its 1.5 GW wind-solar hybrid auction

February 16, 2024

Results for NHPC Limited’s auction to develop 1,500 MW of inter-state transmission system connected wind-solar hybrid power projects have been announced. The tender was issued in November 2023. The projects will be set up anywhere […]

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Central Sector

REC and DVC sign agreements worth Rs 5.88 billion for development of tubed coal mines

February 16, 2024

REC Limited has signed agreements worth Rs 5.88 billion with Damodar Valley Corporation (DVC) to strengthen infrastructure and energy projects in the Damodar Valley region. The agreements aim for the development of tubed coal mines, and include […]

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Central Sector

Government introduces scheme guidelines for pilot projects on use of green hydrogen in transport sector

February 16, 2024

The Ministry of New and Renewable Energy (MNRE) has released guidelines for pilot projects aimed at utilising green hydrogen in the transport sector under the National Green Hydrogen Mission. These projects are expected to leverage […]

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International News

Vietnam’s MoIT estimates 19 GW additional power need up to 2025

February 15, 2024

Vietnam’s Ministry of Industry and Trade (MoIT), in its recent submission to the prime minister on the national Power Development Plan (PDP) VIII, has estimated that Vietnam needs an additional 19,000 MW of electricity during […]

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State Sector

JSERC unveils group and virtual net metering regulations

February 15, 2024

The Jharkhand State Electricity Regulatory Commission (JSERC) has introduced guidelines for group net metering and virtual net metering within the state. These regulations are anticipated to contribute to the objectives laid out in the Jharkhand […]

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Private Sector

Sterlite Power concludes refinancing of LVTPL green energy corridor project in Gujarat

February 15, 2024

Sterlite Power has announced the refinancing of the Lakadia-Vadodara Transmission project loan within 12 months of the project becoming fully operational in January 2023. The new financing from HDFC Bank Limited, India Infrastructure Finance Company […]

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Private Sector

TPREL and Tata Communications ink Rs 1.05 billion solar power agreement

February 15, 2024

Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power Company Limited, has entered into a power delivery agreement with Tata Communications Limited to establish an 18.75 MW AC group captive solar power plant […]

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Central Sector

CCI approves acquisition of CEPL by DAIT and Adani Power

February 15, 2024

The Competition Commission of India (CCI) has approved the proposed combination involving acquisition of 100 per cent shareholding of Coastal Energen Private Limited (CEPL) by Dickey Alternative Investment Trust (DAIT) and Adani Power Limited. CEPL […]

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Private Sector

AGEL commences operation of 551 MW solar capacity in Gujarat

February 15, 2024

Adani Green Energy Limited (AGEL) has added 551 MW of solar capacity to the national grid from its project located in Khavda, Gujarat. This milestone was achieved within just 12 months of initiating the Khavda […]

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International News

DOE commences largest solar rooftop installation in the Philippines

February 14, 2024

The Philippines’ Department of Energy (DOE) has commenced the country’s largest solar rooftop installation project called the JG Summit’s Merbau project. The project is located in Barangay Simlong and Pinamucan Ibaba, Batangas City is expected […]

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Private Sector

SWRE and Nextracker partner for 1.875 GW solar project in Gujarat

February 14, 2024

Reportedly, Sterling and Wilson Renewable Energy (SWRE) has collaborated with Nextracker for a major solar project in Gujarat. This collaboration will provide solar trackers for two phases, totaling 1.875 GW -direct current (GWdc), of NTPC […]

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Private Sector

 Apraava Energy secures new transmission project in Madhya Pradesh

February 14, 2024

Apraava Energy Private Limited has secured a bid for a new interstate transmission project in Madhya Pradesh through tariff-based competitive bidding (TBCB) process. The project involves the construction of approximately 40 kilometers of 765 kV […]

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Private Sector

Tata Power reports profit of Rs 10.76 billion for third quarter of 2023-24

February 14, 2024

Tata Power Company Limited has recorded a net profit of Rs 10.76 billion during third quarter of 2023-24, registering an increase of  2.28 per cent, compared to the of Rs 10.52 billion recorded in the […]

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Central Sector

NHPC reports profit of Rs 6.28 billion for third quarter of 2023-24

February 14, 2024

NHPC Limited has recorded a net profit of Rs 6.28 billion during third quarter of 2023-24, registering an decrease of 19.07 per cent, compared to the of Rs 7.76 billion recorded in the corresponding quarter […]

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Private Sector

IWL reports profit of Rs 18.1 million for third quarter of 2023-24

February 14, 2024

Inox Wind Limited (IWL) has recorded a net profit of Rs 18.1 million during third quarter of 2023-24 compared to the net loss of Rs 2,878.6 million recorded in the corresponding quarter of previous year. […]

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State Sector

Chhattisgarh inaugurates biggest solar energy plant in Rajnandgaon

February 14, 2024

Chhattisgarh has inaugurated the nation’s largest solar energy plant featuring a cutting-edge battery energy storage system, situated near Dhaba village in Rajnandgaon district. This solar facility has a capacity of 100 MW has been developed […]

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