Minerals are crucial components for technologies such as solar panels, wind turbines, batteries, electrolysers and electric vehicles (EVs), all of which are essential for facilitating the energy transition. However, the supply, demand and concentration of […]
Improving the financial and operational performance of state-owned power utilities remains a persistent challenge in the sector. While the debt levels of both distribution and generation utilities continue to exceed desirable thresholds, the distribution segment […]
As the country shifts towards cleaner energy sources and energy demand rises, hydropower, especially pumped storage, is gaining significant traction, particularly for enhancing system flexibility. Hydropower plays various roles such as peak load management, regulation, […]
The nuclear power generation segment in India has witnessed slow growth until now. However, recent developments, including the government’s aim to secure $26 billion in private investment, indicate that there could be winds of change […]
Keir International, a Saudi Arabian telecommunications and utility services company, has secured a SAR76.9 million contract from the Saudi Electricity Company (SEC). The scope of the contract includes installation of 132 kV underground cable between […]
SJVN Limited has recorded a net profit of Rs 9.11 billion during 2023-24, registering decrease of 32.97 per cent, compared to the net profit of Rs 13.59 billion recorded in the previous year. The company’s […]
Suzlon Group has secured an order for the development of an 81.9 MW wind energy project for Oyster Green Hybrid One Private Limited. Suzlon will install 26 wind turbine generators with a hybrid lattice tubular […]
Power Mech Projects Limited has secured an order worth Rs 5.63 billin from Bharat Heavy Electrical Limited (BHEL) to construct a nuclear power plant. The order is for civil structural and architectural works of turbine […]
India has met a record maximum power demand of 250 GW on May 30, 2024. Moreover, all India non-solar demand met has also touched an all time high of 234.3 GW on May 29, 2024, […]
The Asian Development Bank (ADB) has committed $2.6 billion in sovereign lending to India in 2023 for projects that aim to strengthen urban development, support industrial corridor development, promote power sector reforms, build India’s climate […]
Sterlite Power has secured funds totaling Rs 13.73 billion from Power Finance Corporation Limited (PFC), for its Neemrana-II Kotputli Transmission Limited project. The company acquired the Neemrana-II Kotputli Transmission special purpose vehicle in November 2023 […]
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