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Home2024March

Month: March 2024

Power Trading

Power Generation: Distribution utility performance

March 5, 2024

Total power generation stood at 132.7 BUs in December 2023. At around 44.7 BUs and 36.6 BUs, the central and private sectors respectively accounted for the major share in conventional power generation. Meanwhile, renewable energy […]

Power Data

Key Statistics: Distribution utility performance

March 5, 2024
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Company Release

EverEnviro empanelled by IGL to set up CBG

March 5, 2024

During India Energy Week 2024, EverEnviro Resource Management Private Limited was empanelled by Indraprastha Gas Limited (IGL) to set up multiple compressed biogas (CBG) plants in India. The letter was signed under the city gas […]

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Company Release

Socomec India unveils strategic expansion plans to Sri Lanka and Bangladesh

March 5, 2024

Socomec India is set to venture into the markets of Sri Lanka and Bangladesh, effective immediately. Termed as “Greater India”, this strategic initiative aims to consolidate the three countries into a unified business entity, marking […]

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Company Release

Waaree Energies obtains BIS certification for TopCon modules

March 5, 2024

Waaree Energies Limited has obtained the Bureau of Indian Standards (BIS) certification for its Topcon modules, specifically glass-backsheet, with a power rating of up to 625 Wp. They have been certified under the “Crystalline Silicon […]

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Company Release

Schneider Electric introduces Easy UPS 3M Advanced for seamless business continuity

March 5, 2024

Schneider Electric has introduced the Easy UPS 3-Phase 3M Advanced, which is a robust uninterruptible power supply (UPS) designed to protect critical loads. The UPS offers modular scalable architecture, making it an easy-to-install, easy-to-service, easy-to-configure […]

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Company Release

Hero Future Energies signs tolling agreement with PIXON Green Energy for the supply of solar modules

March 5, 2024

Hero Future Energies has announced the signing of a strategic tolling agreement with PIXON Green Energy, a leading domestic module manufacturer, for the supply of solar photovoltaic (PV) modules. Under the agreement, PIXON Green Energy […]

Industrial Power

Maximising Energy Efficiency: Leveraging cogeneration and trigeneration solutions to optimise consumption

March 5, 2024

Thermal power plants (TPPs) are major contributors to India’s electricity supply. However, the conventional method of power generation and delivery exhibits considerable inefficiency, with only a third of the primary energy input translating into usable […]

Regulation

Power Play: CERC issues order on a shadow pilot model for market coupling

March 5, 2024

On February 6, 2024, the Central Electricity Regulatory Commission (CERC) issued a suo moto order directing Grid India to implement a shadow pilot model for the coupling of power markets. The proposed shadow pilot seeks […]

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International News

Bank Islam to fund 30 MW solar PV farm in Malaysia

March 5, 2024

Bank Islam Malaysia Berhad (Bank Islam) has signed an RM91.5 million financing agreement with Sand Town Solar Sdn Bhd (STS), a subsidiary of Kumpulan Gading Kencana Sdn Bhd to support STS’s 29.99 MW solar photovoltaic […]

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Central Sector

NTPC completes trial operation of 600 MW Unit 2 of North Karanpura STPP

March 5, 2024

NTPC Limited has completed the trial operation of Unit-2 of 660 MW capacity of North Karanpura super thermal power project (STPP) (3×660 MW) and consequently included in the installed capacity of NTPC. With this, the […]

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Central Sector

SGEL secures 200 MW solar project through TBCB

March 5, 2024

SJVN Green Energy Limited (SGEL) has secured a 200 MW solar project through an e-reverse auction conducted by Gujarat Urja Vikas Nigam Limited (GUVNL). The project is set to be executed on a build-own-and-operate basis, […]

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Central Sector

PM-Surya Ghar scheme receives cabinet approval

March 5, 2024

The Union Cabinet has approved the PM-Surya Ghar scheme with a total outlay of Rs 750 billion. The scheme will provide a Central Financial Assistance (CFA) of 60 per cent of system cost upto capacities […]

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Central Sector

NREL secures bid for 225 MW solar PV power project

March 5, 2024

NTPC Renewable Energy Limited (NREL) has secured bid for 225 MW capacity in the tender floated by Gujarat Urja Vikas Nigam Limited (GUVNL) for procurement of power through competitive bidding process followed by e-reverse auction. […]

Videos

17th annual conference on Power Transmission in India | February 27-28, 2024 | The Leela Ambience

March 5, 2024

Snapshots from our 17th annual conference on Power Transmission in India, held on February 27-28, 2024 at The Leela Ambience, Gurugram. We thank our speakers, delegates, and sponsors for discussing key trends and recent developments, […]

Finance

Dealing with Insolvency: IBC’s impact and role in the resolution process

March 4, 2024

Aakanksha Joshi (Partner), and Pranaav Gupta (Associate), Economic Laws Practice, Advocates and Solicitors Prior to the enactment of the Insolvency and Bankruptcy Code, 2016 (IBC), the issues surrounding insolvency and debt resolution were governed by […]

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International News

KETRACO to complete Kenya’s 132 kV Narok–Bomet line in 2025

March 4, 2024

The state-owned Kenya Electricity Transmission Company (KETRACO) is expected to complete the 132 kV Narok–Bomet line in 11 months. The new line will also help alleviate strain on the 132 kV Muhoroni–Chemosit and Kisumu–Muhoroni lines, […]

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Private Sector

L&T commissions first indigenously built hydrogen electrolyser at Hazira

March 4, 2024

Larsen & Toubro (L&T) has commissioned its first indigenously manufactured electrolyser at the green hydrogen plant at AM Naik Heavy Engineering Complex in Hazira, Gujarat. The electrolyser has a rated power capacity of 1 MW […]

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Private Sector

Torrent Power receives LoA from REMCL for supply of 100 MW RTC power

March 4, 2024

Torrent Power Limited has emerged as the successful bidder and has received letter of award (LoA) from Railway Energy Management Company Limited (REMCL) for setting up of grid-connected renewable power projects, with or without storage, […]

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Central Sector

NTPC declares COD of Unit- 2 (800 MW) of Telangana STPP, Stage-I

March 4, 2024

NTPC Limited has announced the commencement of commercial operational date (COD) for Unit 2, an 800 MW capacity, at the Telangana Super Thermal Power Project (STPP), Stage-I (2×800 MW). With this, standalone and group installed […]

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