Reportedly, Solarworld Energy Solutions has allocated 3.12 million shares at Rs 352.05 each, raising nearly Rs 1.10 billion through a pre-initial public offer (IPO) placement from investors, including ValueQuest Investment Advisors. This funding has reduced […]
Azerbaijan’s Ministry of Energy has successfully completed its first renewable energy auction, awarding a 100 MW solar power project to universal international holdings. The Chinese company secured the contract with a competitive bid of USD0.0354 […]
The Ministry of Coal has signed agreements for three fully explored coal blocks, bringing the total auctioned to 104 since the launch of commercial coal mining. Meenakshi and Rampia & Dip Side of Rampia were […]
The Ministry of Power (MoP) has launched NTPC’s green hydrogen buses in Leh. The Green Hydrogen Mobility Project at Leh comprises in-situ 1.7 MW solar plant, green hydrogen filling station of capacity 80 kg per […]
NTPC Green Energy Limited (NGEL), a wholly owned subsidiary of NTPC, received a response to its initial public offering (IPO), with a subscription rate of 2.4 times on the final day of bidding. The IPO […]
Waaree Technologies Limited has received an order from Waaree Renewable Technologies Limited for 530 solar kits, including batteries and solar-powered street lights. The order is to be supplied within a period of 8 weeks at […]
REPLUS Engitech has inked a memorandum of understanding (MoU) with Green Power Monitor (GPM) to promote advanced artificial intelligence-enabled energy management systems (EMS) and power plant controllers (PPC) in India and other key markets. The […]
Avaada Aqua Batteries, a wholly owned subsidiary of Avaada Group, has signed a memorandum of understanding (MoU) with the Rajasthan government to develop a 1.2 GW pumped storage project (PSP). The project will be established […]
Buhawind Energy Philippines (BEP) has secured green lane status from it’s board of investments (BOI) for its offshore wind power projects, worth nearly PHP700 billion and with a total installed capacity of 4,000 MW in […]
The Ministry of Coal has commenced the 10th round of commercial coal mine auctions, auctioning five mines on the first day with combined geological reserves of 2,630.77 million tonnes and a peak rated capacity of […]
PFC Consulting Limited (PFCCL) has incorporated Mahan Energen Limited (MEL) Power Transmission Limited, a special purpose vehicle (SPV) for development of the Transmission System for evacuation of power from MEL generating station in Madhya Pradesh. […]
NTPC Green Energy Limited (NGEL), a wholly owned subsidiary of NTPC Limited, and the New and Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) have signed a joint venture (JV) agreement to develop renewable energy […]
REC Power Distribution Company Limited (RECPDCL) has incorporated two special purpose vehicles (SPVs), Kurnool-IV Transmission Limited and Mahan Transmission Limited, for the development of transmission projects in Andhra Pradesh and Madhya Pradesh. Kurnool-IV Transmission Limited […]
Tata Power Limited has signed a memorandum of understanding (MoU) with the Asian Development Bank (ADB) to evaluate financing for clean energy and power infrastructure projects worth USD4.25 billion. The agreement focuses on funding key […]
The Ministry of Power has launched Convergence Energy Services Limited’s (CESL) ‘Electric Vehicle (EV) as a Service’ programme to promote the adoption of EVs in government offices. The initiative aims to deploy 5,000 electric cars […]
Fourth Partner Energy Private Limited (FPEL) has signed a power purchase agreement (PPA) with Hyundai Motor India Limited for a period of 25 years for setting up a cumulative 117.9 MW solar and wind power […]
Under the supervision of the Ministry of Energy, Saudi Electricity Company (SEC) has signed a memorandum of understanding (MoU) with several major companies operating in the energy sector, including the Electricity Grid Operating Company in […]
Masdar and SOCAR Green have secured financing for two solar projects in Azerbaijan: 445 MWac in Bilasuvar and 315 MWac in Neftchala. The European Bank for Reconstruction and Development, Asian Development Bank, and Asian Infrastructure […]
AP Renewables Incorporation (APRI), the geothermal arm of Aboitiz Power Corporation, and Aboitiz Renewables Incorporation (ARI) have signed an engineering, procurement, and construction (EPC) contract with Shandong Electric Power Engineering Consulting Institute Company Limited (SDEPCI) […]
GE Vernova T&D India Limited has recorded a net profit of Rs 1,446.2 million for the quarter ended September 2024, marking a 289 per cent increase compared to Rs 371.7 million in the same quarter […]
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