Editorial
Month: June 2024
Perspective
Interview with Rajendra Prasad Goyal: “NHPC is set to double its installed capacity by FY 2026-27”
In a recent interview with Power Line, Rajendra Prasad Goyal, Chairman and Managing Director, NHPC Limited, spoke about the performance of the hydropower segment, the company’s key operational and financial highlights, its upcoming projects, future […]
Finance
Financial Briefs: India and overseas
NTPC REL signs green term loan agreement for 35 billion NTPC Renewable Energy Limited (NTPC REL) has signed an unsecured green term loan agreement for Rs 35 billion with the Punjab National Bank. The loan […]
Finance
Strategic Move: Sterlite Power demerger aimed at driving business growth and agility
In a recent development, Sterlite Power Transmission Limited (SPTL), a leading power transmission developer and global provider of products and solutions in India and Brazil, achieved a significant milestone, receiving approval from its stakeholders to […]
Companies
Views of Ajay Kumar Singh: “We intend to add 1.5 GW-2 GW of renewables every year”
Renewable energy continues to gain traction in the country, with both public sector companies and private players pursuing ambitious renewable energy goals. Attractive prices, an enabling policy regime and ready off-takers have led to a […]
Power Distribution in India
Distribution Outlook: Performance and expansion plans
A robust power distribution system is crucial for achieving the country’s ambitious renewable energy goals and meeting the growing power demand. The operational and financial performance of discoms remains an area of concern although there […]
International News
Capacity of pumped storage plants in Southeast Asia to be increased to 18 GW
Rystad Energy has announced that the installed capacity of pumped storage power plants (PSPPs) in Southeast Asia (SEA), including Thailand, the Philippines, Indonesia, and Vietnam, is expected to rise from 2.3 GW in 2023 to […]
Private Sector
Juniper Green signs two PPAs in clean energy space
Juniper Green Energy has signed two power purchase agreements (PPAs) for the development of clean energy projects in Gujarat and Rajasthan. Juniper Green Energy has entered into a PPA with the Solar Energy Corporation of […]
Private Sector
Inox Green Energy Services gets board approval to raise Rs 10.50 billion
Inox Green Energy Services’s board of directors has approved a proposal to raise up to Rs 10.50 billion through the issuance of equities and convertible warrants via a preferential issue. As part of this fundraising […]
Private Sector
JSW Energy signs PPAs for 1,325 MW wind and solar projects
JSW Neo Energy Limited, a wholly-owned subsidiary of JSW Energy Limited, has entered into power purchase agreements (PPAs) through its subsidiaries for wind and solar projects with a total capacity of 1,325 MW. This includes […]
Specials
Coal Road Map: Strategy paper recommends measures to reduce import dependency
Coal constitutes 56 per cent of India’s primary energy, which is crucial for electricity generation, accounting for 76 per cent of the total consumption. Despite efforts to increase renewable energy production to reduce fossil fuel […]
Editor's Pick
Rising Power Demand: Strategies and solutions to meet future energy needs
India’s power demand has been growing rapidly, keeping pace with economic activity and industrial growth, as well as for meeting its energy needs in the prevailing heatwave. On May 30, 2024, the country met the […]
Specials
Growing Policy Momentum: Key developments in the green hydrogen space
The green hydrogen and green ammonia market in India has witnessed significant policy developments since the launch of the National Green Hydrogen Mission (NGHM). The high level of industry enthusiasm makes the sector even more […]
International News
PUB announces tender to build large-scale floating solar unit in Singapore
The Public Utilities Board (PUB) is inviting interested parties to participate in a tender exercise for the construction of a large-scale floating solar photovoltaic (PV) project at Pandan Reservoir in Singapore. The selected contractor will […]
Private Sector
AMPIN plans to set up 246 MW wind-solar hybrid project with Rs 13 billion investment
Reportedly, AMPIN Energy Transition has planned to set up 246 MW wind-solar hybrid capacity project with an investment of Rs 13 billion. The investment will be funded through a mix of debt and equity and […]
Central Sector
MNRE amends guidelines for procurement of green ammonia production
The Ministry of New and Renewable Energy (MNRE) has issued amended guidelines for procurement of green ammonia production for component II under Mode 2A of the National Green Hydrogen Mission. Tranche I, Mode 2A which caters […]
Private Sector
Cleantech Solar secures Rs 8.55 billion long-term green financing from Aseem Infrastructure Finance
Cleantech Solar has announced the financial closure of a long-term senior secured loan amounting to Rs 8.55 billion from Aseem Infrastructure Finance Limited for the advancement of its open access commercial and industrial (C&I) portfolio […]
State Sector
GERC approves tariff for 1,125 MW solar projects
The Gujarat Electricity Regulatory Commission (GERC) has approved the tariffs determined through competitive bidding conducted by Gujarat Urja Vikas Nigam Limited (GUVNL) for the procurement of 1,125 MW of solar power from projects to be […]
Private Sector
SunSource Energy commissions three open access solar projects
SunSource Energy has commissioned three open access solar power facilities in Uttar Pradesh. Situated in the Jhansi and Lalitpur districts, covering a total of 150 acres, these projects have a combined capacity of 45 MWp. […]
Specials
Climate Goals: Advancing Indonesia’s energy transition through JETP
Indonesia, the world’s fourth-largest producer of coal and Southeast Asia’s largest gas supplier, has a strong reliance on fossil fuels. However, the country’s population have become increasingly supportive of climate goals, and the challenge for […]