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Home2024April

Month: April 2024

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Central Sector

THDC to commence operations on Khurja STPP in Uttar Pradesh by March 2025

April 24, 2024

THDC India Limited is expected to commence operations on Unit I  and Unit II of the Khurja super thermal power project (STPP) by September 2024 and March 2025, respectively. Currently, the project has achieved a […]

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Private Sector

Jyoti Structures commissions 765 kV DC hexa bundle conductor transmission line from Khavda to Bhuj in Gujarat

April 24, 2024

Jyoti Structures Limited has commissioned the 765 kV, double circuit (DC), hexa bundle conductor transmission line from Khavda to Bhuj in Gujarat. The scope of work covered route optimisation, design and engineering of five different […]

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Private Sector

Amara Raja Infra bags 500 MW solar project

April 24, 2024

Amara Raja Infra Private Limited has won a solar balance-of-system (BoS) project with a capacity of 500 MW/700 MWp from Greenko Limited. Covering a 2,200-acre site near Uyyalavada town in Kurnool District, Andhra Pradesh, this […]

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Central Sector

SECI declares winners of its 400 MW solar modules auction

April 24, 2024

Results for Solar Energy Corporation of India Limited’s (SECI) auction for manufacturing, testing, packaging, forwarding, suppkying, and transporting 400 MW domestically manufactured solar modules have been announced. By quoting Rs 22.66 per Wp, Swelect Energy […]

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Central Sector

REC PDCL incorporates SPV for additional transmission system for evacuation of power from Bhadla-III PS as part of Rajasthan REZ Phase-III scheme (20 GW)

April 24, 2024

REC Power Distribution Company Limited (REC PDCL) has incorporated Bhadla-III Power Transmission Limited, a special purpose vehicle (SPV) for implementing the additional transmission system for evacuation of power from Bhadla-III PS as part of Rajasthan […]

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International News

Trina Solar, PetroGreen to enhance solar energy adoption in the Philippines

April 23, 2024

Trina Solar has partnered with PetroGreen to increase solar energy adoption in the Philippines. Through a master sales agreement (MSA), Trina Solar will provide 117 MW of photovoltaic (PV) solar modules for various projects led […]

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Private Sector

SWREL reports loss of Rs 2.11 billion in 2023-24

April 23, 2024

Sterling and Wilson Renewable Energy Limited (SWREL) has recorded a net loss of Rs 2.11 billion during 2023-24, compared to the net loss of Rs 11.79 billion recorded in the previous year. The company’s total […]

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Central Sector

IREDA reports profit of Rs 12.52 billion in 2023-24

April 23, 2024

Indian Renewable Energy Development Agency Limited (IREDA) has recorded a net profit of Rs 12.52  billion during 2023-24, registering an increase of 44.74  per cent, compared to the net profit of Rs 8.65 billion recorded […]

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Projects & Ventures

Power Mech Projects secures orders worth Rs 2.32 billion

April 23, 2024

Power Mech Projects Limited has secured orders worth Rs 2.32 billion, including building a power house and balance of plant at a thermal project and coal handling plant. The company received orders under three packages […]

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Private Sector

JSW Energy receives LoA from NTPC for 700 MW ISTS connected solar capacity

April 23, 2024

JSW Neo Energy Limited, a wholly-owned subsidiary of JSW Energy Limited, has received a letter of award (LoA) for inter state transmission system (ISTS) connected solar capacity of 700 MW from NTPC Limited, against tariff […]

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International News

CREC secures PHP20 billion financing from RCBC for its solar projects

April 22, 2024

Citicore Renewable Energy Corporation (CREC) has secured a debt funding deal with Rizal Commercial Banking Corporation (RCBC) covering a portfolio of up to 1 GW DC of solar photovoltaic projects in the Philippines. The deal, […]

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Central Sector

IREDA launches foreign currency debt office in GIFT city to boost green energy financing

April 22, 2024

Indian Renewable Energy Development Agency Limited (IREDA) has inaugurated a new office in Gujarat International Finance Tec-City (GIFT), Gandhinagar, dedicated to offering debt options denominated in foreign currencies. This strategic move aims to support green […]

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Private Sector

Inox Wind secures repeat order for 210 MW for its 3 MW WTGs from Hero Future Energies

April 22, 2024

Inox Wind Limited (IWL) has secured an order for the supply of 210 MW of wind turbine generators (WTGs) from Hero Future Energies. The order is for IWL’s state-ofthe-art 3 MW WTGs and the scope […]

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Private Sector

ReNew partners with JERA to evaluate joint development of green ammonia project in India

April 22, 2024

ReNew Energy Global has signed an initial agreement with JERA Co Inc, Japan’s largest power generation company, to jointly evaluate development of a green ammonia production project in India. Under the agreement, ReNew, through its subsidiary, ReNew E-Fuels […]

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Central Sector

NTPC declares winners of its 1 GW wind-solar hybrid auction

April 22, 2024

Results for NTPC Limited’s auction to develop 1,000 MW of inter-state transmission system connected wind-solar hybrid power projects, tranche V, have been announced. Sprng Energy and AmpIn Energy Transition, and Juniper Green Energy have won […]

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Central Sector

NGEL signs MoU with Indus Towers for renewable energy projects

April 22, 2024

NTPC Green Energy Limited (NGEL) and Indus Towers Limited has signed a memorandum of understanding (MoU) to address the need for pacing green energy objectives. The MoU shall explore a joint development of grid connected […]

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Private Sector

Avaada Energy secures Rs 44.71 billion refinancing from Nabfid

April 22, 2024

Avaada Energy has announced the closure of refinancing transactions worth Rs 44.71 billion. The funding, obtained from the National Bank for Financing Infrastructure and Development (Nabfid), marks one of the largest refinancing deals in the […]

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International News

Energy Exchange Malaysia established to facilitate cross-border electricity sale

April 19, 2024

The Malaysian government has agreed to establish Energy Exchange Malaysia (ENEGEM) to facilitate the cross-border sale of green electricity to neighbouring countries in Southeast Asia. The Ministry of Energy Transition and Water Transformation (Petra) is […]

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Private Sector

GPS Renewables secures Rs 4.11 billion debt-financing

April 19, 2024

GPS Renewables has secured Rs 4.11 billion in debt financing from a consortium of major banks and financial institutions. The new funds would significantly enhance their capabilities to expedite the growth of sustainable green energy […]

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Private Sector

JV of Apple and CleanMax plans to set up 14.4 MW rooftop solar power projects in India

April 19, 2024

The joint venture (JV) of Apple Inc. – CleanMax Enviro Energy Solutions Private Limited is planning to set up six rooftop solar power projects with a cumulative capacity of 14.4 MW. The power procured from […]

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