SJVN Limited has commissioned its 90 MW Omkareshwar floating solar project. The project has been executed by SJVN Green Energy Limited, a wholly owned subsidiary of SJVN. The project has been developed at a cost […]
NTPC Renewable Energy Limited (NTPC REL), a subsidiary of NTPC Limited, has commissioned the first part capacity of 60 MW out of 150 MW Gujarat solar photovoltaic (PV) project in Radhanpur, Gujarat. With this, the […]
GAIL (India) Limited has signed a non-binding memorandum of understanding (MoU ) with  Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL) to optimise the operations of RRVUNL’s gas-based power plants in Rajasthan. Both the companies are […]
Power Finance Corporation Limited (PFC) has reported a net profit of Rs 71.82 billion for the quarter ending June 2024, registering a 20.06 per cent increase from Rs 59.82 billion recorded in the same quarter […]
NHPC Limited has recorded a net profit of Rs 11.08 billion for the quarter ending June 2024, registering a 1.19 per cent increase from Rs 10.95 billion reported in the same quarter last year. The […]
JSW Neo Energy Limited, a wholly owned subsidiary of JSW Energy Limited, has received a letter of award (LoA) from the Solar Energy Corporation of India Limited to supply 230 MW of inter state transmission […]
The National Treasury of South Africa has decided to launch a pilot project in 2024 aimed at encouraging private investment in electricity grid infrastructure. This step would not only boost the private sector participation in […]
Tata Power Company Limited has proposed to acquire a 40 per cent stake in Khorlochhu Hydro Power Limited (KHPL) for approximately Rs 8.3 billion to set up a 600 MW hydro project in Bhutan. Tata […]
Solar Energy Corporation of India Limited (SECI) has reported a net profit of Rs 5.11 billion during 2023-2024, registering a 34.83 per cent increase from Rs 3.79 billion recorded during 2022-23. The company’s total income […]
Suzlon Energy Limited’s board has approved the acquisition of 76 per cent stake in Renom Energy Services Private Limited for Rs 6.60 billion in two tranches from the Sanjay Ghodawat Group. The first tranche involves […]
Inox Wind Limited has secured a 201 MW order from Integrum Energy Infrastructure Limited for the supply of its latest 3 MW wind turbine generators. The order also includes multi-year operations and maintenance services post-commissioning. […]
Fourth Partner Energy (FPEL) has secured funding worth $275 million from International Finance Corporation (IFC), Asian Development Bank (ADB) and DEG. This investment is expected to fund FPEL’s business expansion including 3.5 GW of renewable […]
Servotech Power Systems Limited has secured a 1.2 MW order valued at approximately Rs 102 million from the Rural Development Department of Uttar Pradesh and Uttar Pradesh New and Renewable Energy Development Agency. The order […]
The Iraqi Minister of Energy and Siemens have signed an agreement to develop a strategic plan for enhancing the country’s power transmission sector. As per the agreement, Siemens will establish five 400 kV power stations […]
The Central Electricity Regulatory Commission (CERC) has notified the CERC (Deviation Settlement Mechanism and Related Matters) Regulations, 2024. These regulations seek to ensure, through a commercial mechanism, that grid users do not deviate from and […]
Tata Power Company Limited has recorded a net profit of Rs 11.89 Â billion for the quarter ending June 2024, registering a 4.21 per cent increase from Rs 11.41 billion reported in the same quarter last […]
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 28.40 MW under the captive […]
Schneider Electric Infrastructure Limited has reported a net profit of Rs 484.8 million for the quarter ended June 2024, reflecting a 38.83 per cent increase compared to the net profit of Rs 349.2 million  recorded […]
MSpectrum Incorporation, a subsidiary of Manila Electric Company (Meralco), has partnered with Excelitas Technologies Corporation’s local unit for a solar energy project in Cabuyao, Laguna, Philippines. This collaboration aims to enhance renewable energy adoption in […]
Power Grid Corporation of India Limited (Powergrid) has emerged as the successful bidder under tariff based competitive bidding for establishing an inter-state transmission system (ISTS) for the “Transmission System Strengthening for interconnections of Bhadla-III & […]
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