SJVN Limited has reported a net profit of Rs 3,570.9 million for the quarter ending June 2024, registering a 31.4 per cent increase from Rs 2,717.5 million recorded in the same quarter last year. The […]
India has allowed Nepal to export an additional 251 MW of electricity from 12 hydropower projects, which will be supplied to Bihar under a medium-term sales agreement. With this, Nepal would be exporting 941 MW […]
ACWA Power has signed a power purchase agreement with PT Perusahaan Listrik Negara (PLN) for the Saguling floating solar photovoltaic (PV) project in Indonesia. The project will have a capacity of 60 MW, and is […]
The Central Electricity Authority (CEA) has notified the draft CEA (Cyber Security Regulations for the power sector) Regulations, 2024. The scope of these regulations includes all responsible entities, regional power committees, appropriate commissions, governments, and […]
Reportedly, Adani Power Limited is planning to acquire the 600 MW Butibori thermal power plant in Nagpur from Reliance Power Limited. The deal is expected to be valued between Rs 24 billion and Rs 30 […]
The Asian Infrastructure Investment Bank (AIIB) will invest Rs 7.3 billion to support India’s renewable energy ambitions through the ENGIE Solar Power Project. The project will be co-financed with the Asian Development Bank  for developing, […]
Genus Power Infrastructures Limited’s subsidiary has secured three letters of award (LoA) worth Rs 29.26 billion. The scope of the projects entail appointment of advanced metering infrastructure service providers (AMISPs) including design of advance metering […]
Power and Instrumentation (Gujarat) Limited has secured a contract from Jharkhand Bijli Vitran Nigam Limited (JBVNL) to electrify un-electrified and partially electrified areas in Sahibganj, Jharkhand, under the Mukhyamantri Ujjawal Jharkhand Yojana (MUJY). The project […]
Japan-based Sumitomo Corporation has announced plans to supply power for a smart city it is developing in Hanoi, Vietnam. The company has partnered with BRG Group and plans to use solar and biomass power generation […]
Reliance Power Limited reported a loss of Rs 978.5 million for the quarter ending June 2024, as compared to Rs 2,963.1 million loss recorded in the same quarter last year. The company’s total income for […]
The Cabinet Committee on Economic Affairs (CCEA) has approved an investment of Rs 57.92 billion for SJVN Limited’s 669 MW Lower Arun hydroelectric project (HEP) at a tariff of Rs 4.99 per unit. The CCEA […]
The Ministry of Power (MoP) has approved Rs 36 billion for upgradation and modernisation of  the power distribution infrastructure in Gurugram and Faridabad. The projects will be carried out under the Revamped Distribution Sector Scheme […]
Reportedly, the National Company Law Tribunal (NCLT) has approved the acquisition of SKS Power Generation by Sarda Energy & Minerals for Rs 22 billion. The resolution plan was approved by the committee of creditors, led […]
Reportedly, the Tamil Nadu government has approved 15 investment proposals totaling Rs 441.25 billion including three renewable energy policies. The policy namely, pump storage policy, a small hydel policy, and a wind repowering and life […]
PTC India Limited has reported a net profit of Rs 1,507.6 million for the quarter ending June 2024, registering a 20.63 per cent increase from Rs 1,249.8 million. The company’s total income decreased by approximately […]
Waaree Energies Limited has secured a 90 MW order to supply 540/545Wp dual glass bifacial modules to Juniper Green Cosmic Private Limited for their solar project in Bikaner, Rajasthan. The deployment of Waaree’s bifacial solar […]
IndiGrid has collaboratedwith British International Investment (BII), Norfund, and Techno Electric to develop new transmission projects in India. BII and Norfund will invest in three ongoing interstate transmission system projects: Ishanagar power transmission limited (IPTL), […]
The Uzbekistan government plans to start exporting surplus electricity to Europe by 2030, depending on the successful completion of a trilateral transmission project with Kazakhstan and Azerbaijan. The latter project involves constructing a deep-water transmission […]
The Ministry of Coal (MoC) has released an initiative to enhance coal mining by engaging Mining Developers cum Operators (MDOs) for major projects under Coal India Limited (CIL). The primary goal of engaging MDOs is […]
Results for the Solar Energy Corporation of India Limited’s (SECI) Tranche XVI auction to develop 1.2 GW of inter-state transmission system (ISTS) connected solar projects located across India have been announced. The projects will be […]
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