April Issue 2024
The Annual Integrated Rating Exercise, conducted under the approval and guidance of the Ministry of Power since 2012, serves as a transparent, authentic source for utilities to assess their performance and provides a blueprint for […]
The Japan Bank for International Cooperation (JBIC) has signed a memorandum of understanding (MoU) with three Philippines-based companies to develop clean and green projects. The three companies comprise Aboitiz Power Corporation, San Miguel Corporation and […]
Reportedly, the Telangana government is planning to establish a hydro power generation plant in Himachal Pradesh, aiming to secure affordable power solutions and address the surging demand for electricity. The government intends to exclusively cater […]
SJVN Limited has signed a memorandum of understanding (MoU) with the Indian Institute of Technology Patna (IIT Patna) to use advanced geological models in SJVN’s tunnelling projects, thus significantly reducing time and cost overruns. The development of predictive […]
GE Power India Limited has secured contracts totaling Rs 7.75 billion from Jaiprakash Power Ventures. The contracts involve design and engineering along with the supply of wet limestone-based flue-gas desulphurisationfor two power plants. The Nigrie […]
Saudi Arabia and Kazakhstan have inked a memorandum of understanding (MoU) to enhance cooperation in the energy sector. The agreement spans a wide range of fields including oil, natural gas, petrochemicals, electricity, clean hydrogen, renewables, […]
JSW Energy Limited’s board has approved the raising of Rs 50 billion through the issuance of equity on a qualified institutional placement (QIP) basis. The Finance Committee has been authorised to make all necessary decisions […]
Adani Green Energy Limited (AGEL) has surpassed 10,000 MW of operational portfolio, delivering reliable, affordable, and clean power to the national grid. AGEL’s operational portfolio consists of 7,393 MW solar, 1,401 MW wind and 2,140 […]
The Ministry of Power (MoP) has urged the thermal power plants to engage in advance planning for electricity generation and to avoid maintenance during the upcoming summer season due to anticipated high energy demand. This […]
India Grid Trust (IndiGrid) has operationalised its first greenfield project, Kallam Transmission Limited (KTL) in Beed, Maharashtra. The project has been secured through tariff-based competitive bidding (TBCB) in December 2021 ans will be developed on […]
The Export-Import Bank of Thailand (EXIM Thailand) has signed a THB1,109 million credit facility agreement with France-based Solar 3 (Thailand) Company Limited (GY3) for development of solar infrastructure in the country. Further, GY3 has inked […]
India Energy Storage Alliance (IESA) and Bhubaneswar City Knowledge Innovation Cluster (BCKIC) Foundation, Bhubaneswar, Odisha, have signed a memorandum of understanding (MoU) to enhance knowledge sharing and foster innovation in the fields of cleantech, critical […]
Reportedly, Waaree Energies has secured an order from Sprng Energy to supply 220 MW of solar modules. These modules will be utilised for an upcoming project in Gujarat. The collaboration is an opportunity for Waaree […]
Indian Renewable Energy Development Agency Limited (IREDA) has achieved its highest-ever annual loan sanctions and disbursements in the financial year 2023-24. The company has sanctioned loans amounting to Rs 373.54 billion and disbursed loans worth […]
TP Saurya Limited, a subsidiary of Tata Power Renewable Energy Limited, has commissioned a 200 MW solar project located in Bikaner, Rajasthan, for Tata Power Trading Company Limited, a subsidiary of The Tata Power Company […]
India’s transmission segment has undergone a significant transformation over the years, transitioning from a fragmented network to a well integrated and interconnected grid. The segment has taken significant strides in expanding the physical infrastructure of […]
GE Vernova announced that its spin-off from GE is complete and it will begin trading as an independent company on the New York Stock Exchange (NYSE) under the ticker symbol “GEV,” effective at the market […]
The government has launched a landmark scheme for the rooftop solar segment – PM-Surya Ghar: Muft Bijli Yojana. The scheme, with a total outlay of Rs 750 billion until 2025-26, aims to provide free electricity […]
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