REC Limited has availed a green loan of JPY 31.96 billion to finance eligible green projects in India. This green facility is a first of its kind collaboration between an Indian government entity and Deutsche […]
Myanmar-based CAG Engineering Company Limited, a subsidiary of the CAG Group, has signed a memorandum of understanding (MoU) with Thailand-based PEA Encom Company Limited, I Power Company Limited, R & J Company Limited, Mega Prime […]
The Ministry of Coal is actively advancing the proper disposal and repurposing of fly ash generated by thermal power plants. The Ministry of Coal promotes the effective disposal of fly ash through innovative research and […]
Godrej Electricals and Electronics, a business unit of Godrej & Boyce has commissioned a 12.5 MWp rooftop solar project for a textile facility. Located in Madhya Pradesh, the project spans over one million square feet […]
Inox Wind Limited (IWL) has secured an order for 200 MW from a renewable commercial and industrial power producer. The order is for IWL’s latest 3 MW wind turbine generators (WTGs) and the scope comprises […]
The Ministry of New and Renewable Energy (MNRE) has released guidelines for disbursement of incentives for the production of up to 450,000 metric tonnes (mt) per year of green hydrogen as part of Component II […]
ACEN, through its subsidiary ACEN Renewables International Pte. Limited, has secured a $150 million five-year syndicated green term loan and revolving credit facility. Additionally, this transaction was well-received by a consortium of international financial institutions. The […]
The Ministry of New and Renewable Energy (MNRE) has introduced guidelines for funding of testing facilities, infrastructure, and institutional support. The programme, with a total outlay of Rs 2 billion, will be operational until 2026. […]
The Gujarat Electricity Regulatory Commission (GERC) has set the tariffs determined through the competitive bidding process conducted by Gujarat Urja Vikas Nigam Limited (GUVNL) for procuring 200 MW of wind-solar hybrid power from projects to […]
The Asian Development Bank (ADB) and the ENGIE group have signed a long-term local currency loan agreement to construct and operate a 400 MW solar photovoltaic power plant in Surendranagar, Gujarat. ADB was the mandated […]
GE Power India Limited has secured an order from NTPC Limited to supply main turbine spares for NTPC’s Talcher plant in Odisha. The order, valued at Rs 18.71 million, will be executed over a period […]
The Energy Development Corporation (EDC) has launched a 28.9 MW Palayan Bayan binary geothermal power plant (PBGPP) in Albay, Philippines. This new plant, costing around USD120 million will expand the existing 140 MW BacMan facility. […]
Reportedly, Greenko Group has secured a Rs 62 billion ($743 million) credit line from India’s National Bank for Financing Infrastructure and Development (NaBFID). The funds will be used to partially refinance offshore debt, specifically two […]
Waaree Renewable Technologies Limited (WRTL), a subsidiary of Waaree Energies Limited, has secured the engineering, procurement and construction (EPC) contract for Acciona Energy’s subsidiary, Juna Renewable Energy Private Limited. The contract encompasses a 412.5 MWp/335 […]
The Odisha Electricity Regulatory Commission (OERC) has stated that starting July 2, 2024, rooftop solar photovoltaic systems with capacities up to 10 kW will no longer need a technical feasibility study for approval. The […]
In a recent interview with Power Line, Saurabh Kumar, vice-president – India, Global Energy Alliance for People and Planet (GEAPP), elucidated his views on the current state of the battery energy storage system (BESS) market, […]
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 […]
The Center for Strategic and International Studies’ (CSIS) report on India’s Private Power Market, details the experiences of various government and private sector stakeholders involved in discom privatisation. The report provides a roadmap for energy […]
The Dutch Entrepreneurial Development Bank (FMO) has announced plans to invest USD30 million into the greenfield renewable energy platform Sustainable Asia Renewable Assets (SARA). The investment will be co-invested with the SUSI Asia Energy Transition […]
In a significant move to expand renewable energy financing, the Indian Renewable Energy Development Agency Limited (IREDA) and Odisha government will collaborate to boost renewable energy financing. IREDA’s underscored its pivotal role in facilitating hundreds […]
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