Reportedly, Tembo Global has secured a photovoltaic (PV) contract worth Rs 5.95 billion from Maharashtra State Electricity Distribution Company Limited (MSEDCL). The project involves setting up solar PV power stations with a total capacity of […]
TOYO has revealed its plans to build an advanced solar cell manufacturing facility with an expected annual capacity of 2 GW. The company has secured a lease for the site in Hawassa, Ethiopia, leveraging the […]
Power generation has grown at a compound annual growth rate (CAGR) of 6 per cent to reach 1,734 BUs in 2023-24 from 962 BUs in 2013-14. Thermal generation accounted for 76.5 per cent of the […]
The power sector in India has demonstrated remarkable resilience and growth over the past year, as reflected in the recent performance of key players listed on the BSE Power Index. On September 20, 2023, the […]
A resilient power distribution network is crucial for meeting India’s growing electricity demand and addressing evolving consumer needs. As electricity consumption rises, the distribution system needs to be capable of ensuring reliable and uninterrupted supply. […]
The Ministry of Power (MoP) has launched the National Electricity Plan for transmission with the aim to transmit 500 GW of renewable energy by 2030 and over 600 GW by 2032. The plan addresses the […]
Saatvik Green Energy Limited has secured a Rs 3.02 billion contract from Maharashtra State Power Generation Company Limited (MAHAGENCO) to supply 200 MW of advanced N-TOPCon 580Wp solar modules. These high-efficiency modules will be used […]
Bondada Engineering Limited has secured a letter of award (LoA) from Maharashtra State Power Generation Company Limited (MAHAGENCO) for two engineering, procurement and construction (EPC) contracts under the Mukhyamantri Saur Krushi Vahini Yojana (MSKVY) 2.0 […]
Purvah Green Power Private Limited (PGPPL), a wholly owned subsidiary of CESC Limited, has signed a share purchase agreement (SPA) to acquire 100 per cent stake in Deshraj Solar Energy Private Limited. After the acquisition, […]
The World Bank’s Board of Executive Directors has approved a USD250 million project aimed at expanding RES in Lebanon by restoring electricity grid ongoing reforms. The project will involve strengthening Lebanon’s state-owned Electricité du Liban […]
The industry surged ahead in 2024, experiencing strong demand growth and receiving massive investments in both the power and renewables sectors. Non-fossil fuel-based capacity saw its share rise to 44 per cent, with solar accounting […]
Over the past year, notable fundraising efforts have emerged in the form of commercial loans and green bond issuances, primarily focused on renewables. This surge in investment, supported by a favourable policy framework and multilateral […]
The past year has seen notable shifts in the operational performance of utilities across the power sector in India. Power demand surged significantly, leading to higher operational efficiency in thermal power plants (TPPs), as reflected […]
Indian Renewable Energy Development Agency Limited (IREDA) has received approval from the Department of Investment and Public Asset Management (DIPAM) and Ministry of New and Renewable Energy (MNRE) to create a wholly-owned retail subsidiary. The […]
JSW Renew Energy Thirteen Limited, a step-downsubsidiary of JSW Energy Limited, has signed a power purchase agreement (PPA) with NTPC Limited for inter state transmission system/ state transmission utility-connected solar capacity of 700 MW.. The […]
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