Hindustan Zinc will procure 530 MW of round-the-clock (RTC) power from Serentica Renewables’ projects under a group captive arrangement. Hindustan Zinc will invest Rs 3.27 billion in Serentica and its affiliates, to acquire a 26 […]
Hithium Energy Storage Technology Co. and MANAT has announced the formation of their joint venture. This collaboration aims to combine Hithium’s expertise in energy storage with MANAT’s local insights to better serve the Saudi Arabian […]
India’s transmission network has been growing steadily in recent years to support the shift towards renewable energy. With ambitious climate goals to achieve 500 GW of non-fossil fuel capacity by 2030, substantial investments are being […]
In a recent interview with Power Line, Parminder Chopra, Chairman and Managing Director, Power Finance Corporation Limited (PFC), shared her views on the current state of the sector and the future outlook. She also spoke […]
The Ministry of Coal has opened the bids for the 10th round and the second attempt of the 9th and 8th rounds of commercial coal mine auctions. For the 10th round, 43 bids were received […]
Power Grid Corporation of India Limited’s (Powergrid) committee of directors have approved the issuance of bonds, its 79th bond series (2024-25) to raise upto Rs 50 billion through private placement. The base issue size is […]
The Ministry of Coal has released the report of the high-powered expert committee (HPEC) on gainful utilisation of overburden (OB) in the coal sector. The HPEC, which included experts from several ministries, NITI Aayog, and […]
Gensol Engineering Limited has incorporated three subsidiaries- Innogrid Energy Private Limited, Hari Shakti Energy and Shakti Sangini Energy Private Limited. Gensol has subscribed to 10,000 equity shares, representing 100 per cent of the total share […]
Reportedly, ACME Platinum Urja Private Limited, special purpose vehicle of ACME Solar Holdings, has signed a power purchase agreement (PPA) with the Solar Energy Corporation of India Limited (SECI) for supplying power from its 150 […]
The Gansu Provincial Energy Bureau has approved the 750 kV Wuwei North (Oasis) transmission and transformation project, which is a crucial part of the ‘Gong Electricity into Zhejiang’ initiative. The project is being developed by […]
India’s power distribution segment is undergoing significant transformation, driven by the Revamped Distribution Sector Scheme (RDSS) and smart metering initiatives that are improving operational efficiency and reducing aggregate technical and commercial (AT&C) losses. However, challenges […]
JSW Neo Energy Limited (JSWNEL), a wholly owned subsidiary of JSW Energy Limited, has acquired three special purpose vehicles (SPVs) – Hetero Wind Power Limited, Hetero Wind Power (Pennar) Private Limited, and Hetero Med Solutions […]
Rays Power Infra Limited has secured projects worth Rs 9.40 billion, including a total of 362 MW in Rajasthan. Additionally, the company has won a 600 kW/3000 kWh flow battery project from NTPC Limited.
Refex Green Power Limited (RGPL), a wholly-owned subsidiary of Refex Group, has signed a power purchase agreement (PPA) with NTPC Limited to set up a 100 MW solar power project for Rs 4.80 billion. The […]
Oriana Power Limited has secured an order from Maharashtra State Electricity Distribution Company Limited (MSEDCL) to develop a 75 MW solar power plant in Maharashtra. The project is part of MSEDCL’s plan to implement feeder-level […]
The Ministry of New and Renewable Energy (MNRE) has issued an expression of interest (EoI) for vendors under the PM-Surya Ghar: Muft Bijli Yojana. The MNRE aims to expand the network of registered vendors to […]
Gensol Engineering Limited and Matrix Gas & Renewables have signed an agreement to develop India’s first green steel production facility. This facility will use 100 per cent green hydrogen. It is one of three pilot […]
The Asian Development Bank (ADB) has approved an additional USD15 million grant to help Tajikistan enhance its ongoing project to reconnect its power grid with the Central Asian Power System (CAPS), interconnections with Uzbekistan. The […]
The Indian power sector has seen substantial developments over the past year, reflecting both progress and challenges in its ongoing energy transition. Power demand has been growing and the peak demand has risen to 250 […]
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