The power sector has witnessed a significant influx of multilateral finance deals aimed at developing the power infrastructure. Prominent international organisations and banks such as the World Bank, the Asian Development Bank (ADB), the International […]
World Bank sanctions $1.5 billion to advance India’s low-carbon transition The World Bank has sanctioned $1.5 billion in funding to support India’s initiatives in advancing low-carbon energy development. As part of the second programmatic development […]
In the Union Budget 2024-25, the finance minister announced measures to enhance energy security, including collaboration with the private sector on Bharat Small Modular Reactors and Bharat Small Reactors. The “Energy Transition Pathways” policy will […]
The electricity traded in the day-ahead market in June 2024 was 4,994. 91 MUs. The average market clearing price range was Rs 3.33- Rs 6.78 per unit at the IEX. The total volume traded in […]
Waaree Energies Limited has secured a contract for the supply of 412.5 MWp/335 MW AC of bifacial solar modules in Rajasthan. Awarded by Juna Renewable Energy Private Limited, a subsidiary of Acciona Energy, the project […]
Toshiba Transmission & Distribution Systems (India) Private Limited (TTDI) announced that it will increase its manufacturing capacity of power transformers and distribution transformer by approximately 1.5 times compared to 2022-23, over a three-year period from […]
The heavy engineering vertical of Larsen & Toubro (L&T) has despatched the second steam generator to the Kaiga Atomic Power Station in Karnataka for India’s indigenously developed 10×700 MWe Pressurised Heavy Water Reactor [PHWR] Fleet […]
Essar Energy Transition (EET) has announced the launch of EET Hydrogen Power, Europe’s first hydrogen-ready combined heat and power plant, to be built at its Stanlow refinery. The project, expected to be ready in 2027, […]
The JSW Group has entered into a tripartite memorandum of understanding (MoU) with the MS Ramaiah Institute of Technology (MSRIT) and Sharika Smartec to convert conventional power systems into flexible power systems through innovative solutions. […]
NHPC Renewable Energy Limited (NHPC REL), a wholly owned subsidiary of NHPC Limited, and Tata Power Renewable Energy Limited (TPREL) have entered into a partnership to implement rooftop solar projects atop the government buildings of […]
In August 2021, the Central Electricity Regulatory Commission (CERC) issued a mechanism to establish a compensation mechanism for thermal gencos installing emission control systems (ECSs). However, due to some initial hiccups, the regulator has now […]
Energy efficiency is a crucial element of energy policy, facilitating a reduction in energy consumption, lowering greenhouse gas emissions and yielding economic benefits. The Bureau of Energy Efficiency (BEE) in India has been a leading […]
By Animesh Atre, Researcher and Dr Ammu Susanna Jacob, Research Scientist, Center for Study of Science, Technology and Policy (CSTEP) The Indian power sector has witnessed substantial growth in generation capacity, with 420 GW (as […]
ACEN Corporation has signed a PHP1.92 billion loan agreement with its subsidiary, Santa Cruz Solar Energy Incorporation, to support the third phase of the San Marcelino solar project in Zambales in the Philippines. The funding […]
Oriana Power Limited has secured a new contract for a 10 MW solar power project valued at Rs 371.8 million in Tamil Nadu. The project is scheduled to be completed in 2024-25.
BluPine Energy has secured Rs 2.39 billion financial assistance from Tata Capital Limited. The amount will be utilised towards a solar power project in Chhattisgarh. The 75 MWp solar project is in partnership with APL […]
The Jammu and Kashmir (J&K) administration has approved a Rs 4 billion project to install grid-tied rooftop solar power systems on all government buildings in the union territory. The administrative council has sanctioned the solarisation […]
The Uttar Pradesh government has granted in-principal approval for THDC India’s 1,200 MW pumped storage project (PSP) in the Robertsganj tehsil of Sonbhadra district. The project, with an estimated cost of Rs 66 billion, will […]
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