The Department of Energy (DOE) has awarded 92 offshore wind (OSW) energy service contracts with a potential capacity of 65 GWh in the Philippines. The project will be located in the north of Luzon, west […]
Tata Power Company Limited has recorded a net profit of Rs 42.8 billion during 2023-24, registering an increase of 12.34 per cent, compared to the net profit of Rs 38.1 billion recorded in the previous […]
Larsen and Turbo (L&T) Limited has recorded a net profit of Rs 155.70 billion during 2023-24, registering an increase of 23.33 per cent, compared to the net profit of Rs 126.25 billion recorded in the […]
Asahi India Glass Limited (AIS) has signed a 20-year offtake agreement with INOX Air Products for the supply of green hydrogen to AIS’s new float glass facility in Soniyana, Chittorgarh, Rajasthan. The plant will have […]
NTPC Green Energy Limited (NGEL) and Mahatma Phule Renewable Energy and Infrastructure Technology Limited (MAHAPREIT) have signed a memorandum of understanding (MoU) for the development of renewable energy power parks and projects. The MoU envisages […]
The Industry and Trade Ministry of Vietnam has announced a new electricity supply plan for 2024, aiming to increase the electricity supply by 4.4 kWh to a total of 310.6 billion kWh. This move is […]
BluPine Energy has secured Rs 4.18 billion loan from HDFC Bank for its 120 MW solar project in Sadla, Gujarat. The plant is expected to generate about 323,000 MWh of solar energy annually after completion. […]
JSW Energy Limited has recorded a net profit of Rs 17.25 billion during 2023-24, registering an increase of 16.55 per cent, compared to the net profit of Rs 14.8 billion recorded in the previous year. […]
Larsen & Toubro (L&T)’s power transmission & distribution (PT&D) business of has won multiple orders in India and abroad in the clean energy space. The business has bagged orders to establish two floating solar plants […]
The Competition Commission of India (CCI) has approved the acquisition of additional shares in Sikkim Urja Limited (formerly Teesta Urja Limited) by Greenko Energies Private Limited. Greenko Energies is a limited liability company incorporated in India. […]
Juniper Green Energy has signed a power purchase agreement (PPA) with SJVN Limited, securing a 320 MW firm and dispatchable renewable energy contract. The agreement sets the stage for the development of approximately 1 GW […]
By Deepak Khare, Head of Projects, BluPine Energy (Leading Development, Project Management & Execution, EPCM, Engineering & Construction for India Wind Business) With an approximate pace of 3 GW per year in recent years, India […]
Valenzuela’s Manila Electric Company (MERALCO), controlled by Beacon Electric Asset Holdings, Inc. (partly owned by PLDT Inc.) has completed the expansion of its 115 kV Malinta substation in Valenzuela City, Philippines. Under this, PHP170.81 million […]
Point o, a lithium battery startup, has obtained Rs 62 million in seed funding. Equirus InnovateX Fund who is the lead investor in the funding, has invested Rs 50 million. The funds are expected to […]
The Uttarakhand Electricity Regulatory Commission (UERC) has notified draft UERC (Tariff and Other Terms for Supply of Electricity from Renewable Energy Sources and non-fossil fuel based Cogenerating Stations) (First Amendment) Regulations, 2024. The proposed changes […]
Ampin Energy Transition, formerly Amp Energy India, has secured Rs 2.92 billion investment from ResponsAbility Investments AG, a Swiss impact asset manager specialising in private market investments. The infusion of funds will bolster Amp Energy’s […]
Sri Lanka has signed 20-year wind power agreement with Adani Green Energy Limited (AGEL) for two wind power stations. As per the agreement, AGEL will be paid Rs 8.26 per kWh for the wind energy […]
Transformers are vital and costly elements of the grid, serving a pivotal function in maintaining uninterrupted electricity transmission over extensive distances. The rising demand for transformers is being propelled predominantly by the expansion of the […]
India is significantly expanding its installed renewable energy capacity to meet its net-zero goals. However, this rapid growth in capacity requires the development of transformers, reactors, substations and other transmission and distribution infrastructure. Transformers are […]
Gulf Energy Development Private Limited has finalised 25-year-long power purchase agreements (PPAs) with the Electricity Generating Authority of Thailand (EGAT) for the construction of 25 solar farms in the country. The planned solar farms will […]
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