Editorial
August 2024
India’s power demand has been growing rapidly. This summer, the country hit an all-time high peak demand of 250 GW, up from 240 GW the previous year. This trend is expected to continue, with peak […]
Month: August 2024
Videos
5th edition of Hydro Power in Asia | August 28-29, 2024 | InterContinental Hanoi, Westlake, Vietnam
It’s a wrap to our 5th annual conference on Hydro Power in Asia! We extend our gratitude to the speakers, delegates, and sponsors for discussing and highlighting the opportunities, challenges, and future outlook of the […]
Ezine Archive
August Issue 2024
Central Sector
Cabinet approves Rs 41.36 billion CFA for 15,000 MW hydro projects in NER
The Union Cabinet has approved the proposal of the Ministry of Power (MoP) for providing central financial assistance (CFA) to state governments of the north eastern region (NER) to support their equity participation in the […]
Central Sector
RECPDCL transfers Bhadla-III Power Transmission to Powergrid
REC Power Development & Consultancy Limited (RECPDCL) has transferred the special purpose vehicle (SPV): Bhadla-III Power Transmission Limited to Power Grid Corporation of India Limited (Powergrid). The project augments the Bhadla-III PS with 765/400 kV, […]
Projects & Ventures
Genus Power subsidiaries secures three LoA for AMISP projects worth Rs 44.69 billion
Genus Power Infrastructures Limited’s subsidiary has secured three letters of award (LoA) worth Rs 44.69 billion. The scope of the projects entail appointment of advanced metering infrastructure service providers (AMISPs) including design of advance metering […]
Private Sector
Gensol engineering expands into the US market
Gensol Engineering Limited has expanded into the US market with the launch of Scorpius Trackers Inc., a Delaware-based subsidiary. Their first office will open in California. Scorpius Trackers aims to supply 2,000 MW solar trackers […]
International News
Meralco unit and Vena Energy to develop a 450 MWac solar power project in the Philippines
MGen Renewable Energy Incorporation (MGreen), a subsidiary of Meralco, has partnered with Vena Energy Philippines to develop a 450 MWac solar power project in Bugallon, Pangasinan, Philippines. This joint venture , under 3 Barracuda Energy […]
Central Sector
NCT recommends projects worth Rs 225.4 billion for MoP’s approval
The National Committee for Transmission (NCT) has recommended transmission projects worth Rs 225.4 billion for approval by the Ministry of Power (MoP). The key projects include the Rs 69 billion Gujarat offshore wind project, aimed […]
Private Sector
IndiGrid secures investment commitments from AIMCo, HDFC, and other investors
India Grid Trust (IndiGrid) has initiated a preferential share issue priced at Rs 136.43 per share to raise approximately Rs 6.95 billion. This follows the successful completion of an offer-for-sale (OFS) by its sponsor, KKR, […]
Private Sector
ReNew signs 437.6 MW green attribute sale contract with Microsoft
ReNew has signed a green attribute sale contract of 437.6 MW with Microsoft. The contract will contribute to making Microsoft carbon-negative by 2030 as it is estimated to generate more than one million units of […]
International News
Partners to develop 2 GW clean energy hub in Indonesia
Indonesia-based PT Calypte Sugi Power has partnered with Singapore-based Aslan Energy Capital as a development partner for a project to build a clean energy hub with a solar power production capacity of 2 GW in […]
Central Sector
MoP issues draft guidelines for TBCB for procurement of storage capacity from PSP
The Ministry of Power (MoP) has issued draft tariff based competitive bidding (TBCB) for procurement of storage capacity/stored energy from pumped storage plants (PSP). The draft proposes a single stage two-part bidding process, consisting of […]
Projects & Ventures
JSW Neo Energy receives LoA for 200 MW wind-solar hybrid project from MSEDCL
JSW Neo Energy Limited, a subsidiary of JSW Energy Limited, has received a letter of award (LoA) from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for setting up a 200 MW wind-solar hybrid power project […]
Projects & Ventures
Sun Drops Energia secures LoI for 13.30 MW solar power projects under CPP segment
Sun Drops Energia Private Limited, a wholly owned subsidiary of KPI Green Energy Limited, has received letters of intent (LoI) for executing solar power projects with a cumulative capacity of 13.30 MW under the captive […]
Private Sector
Adani Power incorporates new subsidiary in UAE
Adani Power Limited has incorporated a new subsidiary, Adani Power Middle East Limited, in Abu Dhabi, to focus on investments in power, infrastructure, and related sectors. Adani Power holds 100 percent ownership of Adani Power […]
International News
China’s SGCC unit completes grid connection of 220 kV Zhesheng energy storage station
State Grid Henan Electric Power Supply Company, a subsidiary of SGCC, has completed the grid connection of the 220 kV Zhesheng Energy Storage Power Station in Xuchang, Henan Province, after the final inspection. The station, […]
Central Sector
BHEL secures Rs 110 billion contract from Adani Power and Mahan Energy
Bharat Heavy Electricals Limited (BHEL) has signed a contract agreement with Adani Power Limited and its subsidiary Mahan Energen Limited to develop three supercritical thermal power projects (STPP). The projects, each with a 2×800 MW […]
Private Sector
BC Jindal Group plans to invest USD2.5 billion in renewable energy sector
BC Jindal Group is planning to invest approximately USD2.5 billion in India’s renewable energy sector over the next five years. This investment will be managed through a newly established entity, Jindal India Renewable Energy (JIRE), […]
Private Sector
JSW Energy signs PPA with BESCOM for 300 MW solar power project
JSW Renew Energy Twenty Limited, a subsidiary of JSW Energy Limited, has signed a power purchase agreement (PPA) with Bangalore electricity supply company limited (BESCOM) for 300 MW solar project awarded by Karnataka Renewable Energy […]