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Home2024June

Month: June 2024

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Central Sector

CERC notifies draft CERC (Indian Electricity Grid Code) (First Amendment) Regulations, 2024

June 17, 2024

The Central Electricity Regulatory Commission (CERC) has notified draft CERC (Indian Electricity Grid Code) (First Amendment) Regulations, 2024. As per the draft amendment,  injection of infirm power shall not exceed one year from the date […]

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Central Sector

NTPC REL signs green term loan agreement

June 17, 2024

NTPC Renewable Energy Limited (NTPC REL) has signed an unsecured green term loan agreement with 15 years tenor and annual repayment for an amount of Rs 35 billion with the Punjab National Bank. The loan […]

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International News

Sri Lanka’s Parliament passes new electricity law

June 14, 2024

Sri Lanka’s Parliament has passed the latest Electricity Bill, which seeks to reform the power sector and increase the country’s renewable energy capability. The Bill was passed with 103 lawmakers voting in favour and 59 […]

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Private Sector

Radiance Renewables and InfraCo Asia form a JV to expedite clean energy adoption in India

June 14, 2024

Radiance Renewables and InfraCo Asia have announced a joint venture (JV) – Radiance InfraCo Renewables. In order to help commercial and Industrial clients in India achieve their sustainability objectives, the JV will create a portfolio […]

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Private Sector

Gensol bags GUVNL’s 500 MWh standalone BESS auction

June 14, 2024

Gensol Engineering Limited has secured 250 MW/500 MWh standalone battery energy storage system (BESS) tender, Phase III, worth Rs 13.4 billion. The project will be developed by Gensol on the basis of build, own, and […]

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Private Sector

Kalpataru Projects  raises Rs 3 billion through NCDs

June 14, 2024

Kalpataru Projects International Limited has raised Rs 3 billion through the issuance of non-convertible debentures (NCDs) on private placement basis. The NCDs will be listed on the wholesale debt market segment of Bombay Stock Exchange […]

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Central Sector

SJVN declares winners of its 1,500 MW wind-solar hybrid auction

June 14, 2024

Results for SJVN Green Energy Limited’s auction to develop 1,500 MW of inter-state transmission system (ISTS) connected wind-solar hybrid power projects have been announced. The projects will be set up in India. The companies have […]

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International News

Standard Energy to launch 3 GW production line for PV cells in Thailand

June 13, 2024

Standard Energy has announced that its photovoltaic (PV) cell production line of a new 3 GW smart factory in Thailand will commence operation by July 2024. The firm has been building the USD100 million plus […]

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Private Sector

BluPine Energy signs PPA with Dalmia Cement for 46.87 MWp solar plant

June 13, 2024

BluPine Energy has signed a power purchase agreement (PPA) with Dalmia Bharat arm-Dalmia Cement (Bharat) Limited for the establishment of 46.87 MWp solar power plant in Karnataka under the captive structure. Dalmia Cement will own […]

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Central Sector

NHPTL board approves transfer of NHPC’s 13.1 million shares to Powergrid

June 13, 2024

National High Power Test Laboratory Private Limited’s (NHPTL) board has approved the transfer of 13.1 million equity shares from NHPC Limited to Power Grid Corporation of India Limited (Powergrid). This transaction reduces NHPC’s equity holding […]

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Private Sector

Waaree Energies supplies 68 MW solar modules to Gensol Engineering for Mahagenco project

June 13, 2024

Reportedly, Waaree Energies Limited has announced the delivery of 68 MW of its bi-55 bifacial dual glass framed modules to Gensol Engineering Limited. Delivered in March 2024, these advanced modules are currently being commissioned for […]

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Central Sector

Powergrid commissions project under Reliable Communication Scheme for Northern Region

June 13, 2024

Power Grid Corporation of India Limited (Powergrid) has successfully commissioned the ‘Reliable Communication Scheme under Central Sector for Northern Region,’ which became operational on April 1, 2024. The central public sector undertaking announced the commercial […]

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Central Sector

Power and new and renewable energy ministers announced for NDA 3.0

June 13, 2024

The ministers for the new government have been announced. Manohar Lal Khattar has been appointed as the union minister of power, and union minister of housing and urban affairs. Meanwhile, Pralhad Joshi has been appointed […]

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International News

CIF to lend USD500 million to the Philippines for renewable energy transition

June 12, 2024

The Government of the Philippines has secured USD500 million in investments from the Climate Investment Funds (CIF) to transition from coal to renewable energy. The Accelerating Coal Transition (ACT) investment plan, approved by CIF’s governing […]

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Private Sector

HomeScape partners with SBI to provide easy financing options for residential solar customers

June 12, 2024

HomeScape by Amplus Solar has announced a strategic partnership with the State Bank of India (SBI) to provide convenient financing options for residential solar installations. This collaboration allows HomeScape customers to secure loans of up […]

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Private Sector

Cliantech to establish 1.2 GW solar panel company in Uttar Pradesh

June 12, 2024

Cliantech Solutions is set to establish a 1.2 GW fully automated solar panel manufacturing line for Alpex Solar at a new location in Kosi Kotwan, Mathura, Uttar Pradesh. The key providers for this project include […]

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Projects & Ventures

KEC International secures order worth Rs 10.61 billion

June 12, 2024

KEC International Limited has secured new orders of Rs 10.61 billion across its various businesses including transmission and distribution, railways and cables. The company’s transmission and distribution (T&D) business has secured orders for T&D projects […]

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Projects & Ventures

Suzlon secures 103.95 MW order from AMPIN Energy Transition

June 12, 2024

Suzlon Energy Limited has secured a 103.95 MW order from AMPIN Energy Transition Private Limited. Suzlon will install 33 wind turbine generators with a hybrid lattice tubular tower and a rated  capacity of 3.15 MW […]

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International News

Sembcorp to develop a 50 MW solar power facility, 14 MWh BESS in Indonesia

June 11, 2024

Sembcorp Industries (Sembcorp) has announced a joint venture (JV) with PT PLN Nusantara Renewables to develop a 50 MW solar power facility and a 14 MWh battery energy storage system (BESS) in Nusantara, Indonesia. The […]

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Private Sector

BluPine Energy signs PPA with APL Apollo Group for 61.65 MW solar plant

June 11, 2024

BluPine Energy has entered into a power purchase agreement (PPA) with APL Apollo Building Products to establish a 61.65 MW solar plant in Chhattisgarh. Under the agreement, APL Apollo and other offtakers will hold a […]

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    July 7, 2026
    NHPC Limited’s 300 MW Karnisar Solar Power Plant at Bikaner, Rajasthan, has been inaugurated by the Prime Minister. The project …Read More »

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