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Home2024April

Month: April 2024

EXPERT OPINION

Bridging Borders: Case for interregional power connectivity

April 30, 2024

  The idea of long-range grid connectivity is gaining traction in many parts of the world. Southeast Asian (SEA) countries have formed the Association of Southeast Asia Nations (ASEAN) to promote power trade and have […]

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International News

MoU signed for solar power development in Malaysia

April 30, 2024

Japan-based Shizen Energy has signed a memorandum of understanding (MoU) with Majuperak Holdings Bhd for the development of solar power in Perak state, Malaysia. The cooperation agreement concerns the co-development of ground-mounted solar power projects, […]

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Private Sector

CESC acquires 100 per cent stake in Bhadhla 3 SKP Green Ventures

April 30, 2024

CESC Limited has entered into a share purchase agreement by Purvah Green Power Private Limited, (a step-down subsidiary of CESC,  for acquisition of 100 per cent of share capital (on a fully diluted basis) of […]

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Projects & Ventures

Waaree Energies secures 400 MW solar module supply contract from GIPCL

April 30, 2024

Waaree Energies Limited has secured a significant conrtract from Gujarat Industries Power Company Limited (GIPCL) for the supply of 400 MW of solar photovolatic (PV) modules, as part of an ongoing efforts to increase renewable […]

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Private Sector

Kundan Green Energy receives hydropower mandate of 42 MW to set-up a greenfield plant at Okhali in Uttarakhand

April 30, 2024

Kundan Green Energy has announced its mandate to develop a greenfield hydropower plant at Okhali in Uttarakhand. The government has awarded the project to Kundan Green Energy in continuation of the company’s consistently demonstrated record […]

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Private Sector

BluPine Energy secures financial closure for 120 MW solar project in Gujarat from HDFC Bank

April 30, 2024

BluPine Energy has announced the successful financial closure for its 120 MW solar project in Sadla, Gujarat under Gujarat Urja Vikas Nigam Limited (GUVNL) 18. BluPine Energy has accomplished a significant milestone by securing the […]

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International News

China’s first embedded HVDC grid project passes full-capacity test

April 29, 2024

State Grid Jiangsu Electric Power Company Limited, a subsidiary of State Grid Corporation of China, has announced that the ±200 kV Yangzhou–Zhenjiang “embedded” HVDC power transmission project (first phase) has passed the full-capacity test, with […]

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Private Sector

Ohmium partners with Tata Projects to advance green hydrogen initiatives in India

April 29, 2024

Ohmium International has annouced a partnership with Tata Projects with the objective of enhancing green hydrogen initiatives in the country. Ohmium will supply proton exchange membrane  electrolysers, while Tata Projects will oversee the complete engineering, […]

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Private Sector

Inox Wind’s board propose issuance of bonus shares of 3:1

April 29, 2024

Inox Wind Limited (IWL)’s Board of Directors has proposed the issuance of bonus shares of 3:1 (three bonus equity shares for every one existing equity share) out of the accumulated reserves of the company. The […]

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Central Sector

REC avails SACE-covered green loan for about JPY60.5 billion

April 29, 2024

REC Limited has availed a green loan of JPY60.536 billion to finance eligible green projects in India. The green loan facility benefits from 80 per cent guarantee by Italian Export credit agency, SACE (Italy) under […]

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International News

PNOC to deploy hybrid wind-solar renewable energy olutions in off-grid areas of the Philippines

April 26, 2024

The Philippine National Oil Company (PNOC) has signed a memorandum of understanding (MoU) with WindStream Energy Technologies India Private Limited to deploy hybrid wind-solar renewable energy solutions in remote, off-grid areas of the Philippines. The […]

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Private Sector

TPSSL partners with Indian Bank for solar rooftop adoption in residential segment

April 26, 2024

Tata Power Solar Systems Limited (TPSSL), a wholly-owned subsidiary of Tata Power Renewable Energy Limited, has announced its partnership with Indian Bank for the adoption of solar rooftop among residential consumers. The collaboration aims to […]

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Private Sector

Grew Energy secures 200 MW module contract from SECI

April 26, 2024

Grew Energy Limited has secured contract of 200 MW in Solar Energy Corporation of India Limited’s (SECI) 400 MW solar photovoltaic module auction. The scope of work includes testing, packaging, forwarding, supplying, and transporting solar […]

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Central Sector

SJVN inaugurates first multi-purpose green hydrogen pilot project of the nation

April 26, 2024

SJVN Limited has inaugurated India’s first multi-purpose (combined heat and power) green hydrogen pilot project at SJVN’s 1,500 MW Nathpa Jhakri hydro power station (NJHPS) in Jhakri, Himachal Pradesh. The green hydrogen produced from the […]

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International News

ADB, Buskowitz sign USD12 million deal for solar development in the Philippines

April 25, 2024

The Asian Development Bank (ADB) and Buskowitz Solar Incorporation, a subsidiary of Buskowitz Energy Incorporation, have signed a USD12 million deal to support solar energy for commercial and industrial consumers in the Philippines. The project […]

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Private Sector

Juniper Green signs PPA with Tata Power for wind-solar hybrid power project in Maharashtra

April 25, 2024

Juniper Green Energy has signed a power purchase agreement (PPA) with Tata Power Limited for the development of 85 MW wind-solar hybrid power project in Maharashtra. This project is the first wind-solar hybrid power project […]

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Private Sector

KP Energy reports profit of Rs 583.22 million in 2023-24

April 25, 2024

KP Energy Limited has recorded a net profit of Rs 583.22 million during 2023-24, registering an increase of 32.83  per cent,compared to the net profit of of Rs 439.08 million recorded in the previous year. […]

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Central Sector

Powergrid signs supplementary JVA for 50 per cent stake in NHTPL

April 25, 2024

Power Grid Corporation of India Limited (Powergrid) has signed a supplementary joint venture agreement (JVA) to provide financial support and acquire a 50 per cent stake in National High Power Test Laboratory Private Limited (NHPTL). […]

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Central Sector

REC to extend term loan of Rs 18.69 billion for Kiru hydro electric project in J&K

April 25, 2024

REC Limited has signed an agreement with Chenab Valley Power Project Private Limited (CVPPPL), under which REC will provide CVPPPL with a financial assistance of Rs 18.69 billion as term loan. The loan will be […]

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International News

USAID and Standard Chartered sign MoU to advance clean energy in Vietnam

April 24, 2024

The United States Agency for International Development (USAID) and Standard Chartered Bank (Vietnam) Limited (SC) have signed a memorandum of understanding (MoU) to advance clean energy in Vietnam. This five-year collaboration aims to support Vietnam’s […]

Posts pagination

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