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Home2024February

Month: February 2024

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Finance

Financial Briefs: India and overseas

February 4, 2024

REC raises about Rs 35 billion via yen-denominated green bonds REC Limited has raised JPY 61.1 billion (about Rs 35 billion) by issuing green bonds under its $10 billion Global Medium Term Notes Programme. Proceeds […]

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Specials

Critical Minerals Security: Policies, strategies and solutions for building a resilient supply chain

February 4, 2024

The shift towards clean energy is essential for India to meet its climate change commitments and reduce greenhouse gas emissions. However, this transition requires securing reliable and affordable supplies of critical minerals, which serve as […]

Hydropower and Pumped Storage

Focus on Pumped Storage: Clean and balancing power to address intermittency of renewables

February 4, 2024

While various global energy storage systems have been implemented, pumped storage plants (PSPs) are assuming an increasingly crucial role in supplying peaking power and maintaining system stability across power systems globally. Pumped storage technology stands […]

Diesel Engines & Gensets

Emerging Technologies: New solutions aim for improved genset efficiency

February 4, 2024

Diesel generators (DGs) are used across industries as a viable alternative to grid power for supporting operational needs. In recent years, there have been significant technological advancements in DG sets, aimed at minimising noise, controlling […]

EXPERT OPINION

Ensuring Earthing Configuration: Criteria for selecting surge arresters

February 4, 2024

Dr Rajesh Kumar Arora, Senior Manager (Technical), Design and Engineering, Delhi Transco Limited A surge arrester is a protective device used on power distribution networks to limit overvoltage transients that can damage equipment and disrupt […]

Specials

Modernising the Grid: DOE’s initiatives for transmission development

February 3, 2024

The US is focusing on modernising its electric grid through dedicated funding under the Infrastructure Investment and Jobs Act (also known as the Bipartisan Infrastructure Law [BIL]) and the Inflation Reduction Act (IRA). Independent estimates […]

Specials

Demand Pattern: Analysing daily, seasonal and ToD fluctuations

February 3, 2024

With the surging power demand in the country, a recent report from Grid Controller of India Limited (Grid-India) titled “Electricity Demand Patterns Analysis” provides insights into consumer demand and examines national-regional- and state-level electricity consumption […]

Hydropower and Pumped Storage

Driving Reliability: Strategies for efficient hydropower O&M

February 3, 2024

The operations and maintenance (O&M) of hydropower plants is essential for asset management of plant equipment. These practices should aim to reduce the rate of failure and optimise the utilisation of power. A preventive maintenance […]

Diesel Engines & Gensets

Bridging Supply Gaps: Growing role of rental power solutions

February 3, 2024

The increasing demand for electricity and frequent power outages have encouraged commercial and industrial entities to secure backup power sources. Projections indicate that India’s electricity consumption will surge by 1,200 million tonnes of oil equivalent […]

Hydropower and Pumped Storage

The Digital Shift: Integration of smart technologies in HEPs

February 2, 2024

Given the crucial role of hydroelectric power plants (HEPs) in responding to grid frequency fluctuations and supporting peak demand, digitalisation has emerged as a strategic imperative for ensuring efficient operations, prolonged equipment life and streamlined […]

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International News

L&T secures order to set up solar power plant in Dubai

February 2, 2024

Larsen and Toubro (L&T) has  secured a contract to establish a solar power plant in Dubai. The renewable engineering, procurement, and construction (EPC) division of L&T’s power transmission and distribution business will oversee the project. […]

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Private Sector

Adani Power incorporates SPV for generation, distribution projects

February 2, 2024

Adani Power Limited has incorporated, in consortium, an special purpose vehicle (SPV) under the name Moxie Power Generation Limited (MPGL). The company’s shareholding is 49 per cent of the total share capital of MPGL. The […]

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Private Sector

Power Mech secures orders worth Rs 6.45 billion from RVNL and NUPPL

February 2, 2024

Power Mech Projects Limited has secured contracts worth Rs 6.45 billion from Rail Vikas Nigam Limited (RVNL) and Neyveli Uttar Pradesh Power Limited (NUPPL). The company has been awarded a Rs 3.81 billion order for […]

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Private Sector

Servotech secures order worth Rs 1.20 billion for 1800 DC fast EV chargers from BPCL

February 2, 2024

Servotech Power Systems Limited has secured an order worth Rs 1.20 billion for 1800 DC fast electric vehicle (EV) chargers from Bharat Petroleum Corporation Limited (BPCL). The project, as a part of E-drive Project, involves […]

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Private Sector

KEC International secures orders worth Rs 13.04 billion

February 2, 2024

KEC International Limited has secured new orders of Rs 13.04 billion across its various businesses. Its transmission and distribution (T&D) business has secured orders for T&D projects in India, SAARC, and Americas. It has secured […]

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Central Sector

NREL secures bid for 200 MW RTC project in REML’s 750 MW tender

February 2, 2024

NTPC Renewable Energy Limited (NREL) has secured the bid for 200 MW round the clock (RTC) capacity in the tender floated by Railway Energy Management Company Limited (REMCL) for selection of project developers for supply […]

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State Sector

Maharashtra signs MoUs worth over Rs 2,763 billion for green hydrogen projects

February 2, 2024

Maharashtra has entered into memorandum of understanding (MoUs) worth over Rs 2,763 billion with seven companies for green hydrogen projects. The green hydrogen initiatives aim to produce 910 kilo tonnes per annum of clean energy. […]

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Central Sector

Union budget 2024-25 announces measures to meet ‘net-zero’ commitment by 2070

February 2, 2024

As a part of the Union Budget 2024-25, the finance minister announced key measures to achieve net-zero by 2070. Key Announcements Towards meeting the commitment for ‘net-zero’ by 2070, the union budget 2024-25 has announced […]

Hydropower and Pumped Storage

Project Update: Upcoming HEPs in India

February 1, 2024
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International News

Filinvest to increase the capacity of the Mindanao solar project in the Philippines

February 1, 2024

FDC Green Energorporation (FDCGEC), a subsidiary of Filinvest Development Corporation (FDC), has announced plans to increase the capacity of its solar project from 11.5 MW to 19.78 MW in the Philippine Veterans Investment Development Corporation […]

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