REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, has transferred the special purpose vehicle (SPV), ERES-XXXIX Power Transmission Limited, to Tata Power Company Limited through a tariff-based competitive bidding […]
The Reserve Bank of India (RBI) has announced plans to issue Rs 200 billion in sovereign green bonds in four equal tranches during the second half of fiscal year 2024-25. These bonds aim to support […]
Oriana Power and Kirloskar Solar Technologies have secured contracts from NTPC Vidyut Vyapar Nigam Limited (NVVN) to develop solar projects with a combined capacity of 66 MW across various locations in India. Kirloskar Solar has […]
ACME Sun Power, a wholly owned subsidiary of ACME Solar Holdings has secured a term loan worth Rs 37.53 billion from REC Limited. The funds from the loan will be utilised for the development and […]
Adani Power Limited has recorded a net profit of Rs 32.98 billion for the quarter ending September 2024, marking a 50 per cent decline from Rs 65.94 billion reported in the same quarter last year. […]
CHN Energy’s 1 GW open sea offshore photovoltaic (PV) project has successfully connected its initial set of PV units to the grid. The project is located in Kenli District, Shandong Province of eastern China, and […]
Rachika A. Sahay is a partner at Argus Partners. Prior to this, she was a partner at HSA Advocates. In the past, she spent nearly nine years at Trilegal, following which she held in-house roles […]
The Central Electricity Regulatory Commission (CERC) has notified the draft CERC (Terms and Conditions for Purchase and Sale of Carbon Credit Certificates) Regulations, 2024. The objective of these regulations is to create a framework for […]
Tata Power Renewable Energy Limited (TPREL) has commissioned the 126 MW Omkareshwar floating solar project, located in Madhya Pradesh between the Indirasagar and Omkareshwar reservoirs in Khandwa. TPREL has secured this project from Narmada Hydroelectric […]
IndiGrid has partnered with British International Investment (BII) and the Norwegian Climate Investment Fund, managed by Norfund, to launch EnerGrid. This platform will focus on bidding for and developing new transmission and standalone battery energy […]
Kalpataru Projects International Limited (KPIL) along with its joint ventures and international subsidiaries have secured new orders worth Rs 22.73 billion. The orders include transmission and distribution (T&D) projects in India and abroad, as well […]
Sunkind has secured a 570 MW solar energy project from the Maharashtra government, awarded by Maharashtra State Power Generation Company Limited (Mahagenco) under the Mukhyamantri Saur Krushi Vahini Yojana 2.0 Scheme. The project includes a […]
Equinix has signed a power purchase agreement (PPA) with CleanMax to develop a 33 MW captive power plant in Maharashtra. The project will include 26.4 MWp of solar power and 6.6 MW of wind power, […]
Saatvik Green Energy Private Limited has secured a supply order to provide solar-powered submersible pumps at 250 key locations across Maharashtra from Maharashtra State Electricity Distribution Company Limited (MSEDCL) to provide solar-powered submersible pumps at […]
The state-owned national electric grid of Kyrgyzstan (NEGK) has completed the construction of energy infrastructure facilities for the Central Asia-South Asia Electricity Transmission and Trade Project (CASA-1000) in Kyrgyzstan. The facilities completed include 1,243 pylons, […]
The financial performance and accounting practices of discoms have been causes for concern for the sector. The government has been implementing various regulatory and policy measures to address these issues. In line with this, the […]
Power Grid Corporation of India Limited (Powergrid) has acquired Bikaner A Power Transmission Limited (BAPTL), a special purpose vehicle, to establish the “Transmission System for Evacuation of Power from Rajasthan REZ Phase IV (Part-3: 6 […]
Bharat Heavy Electricals Limited (BHEL) has secured the contract for the establishment of the main plant package of 3×800 MW Telangana Stage-II supercritical thermal power plant (STPP) from NTPC Limited. Under this contract, BHEL’s scope […]
Larsen & Toubro (L&T) Energy CarbonLite solutions has received a limited notice to proceed (LNTP) from NTPC Limited to set up thermal power plants in Madhya Pradesh and Bihar. The order includes the main plant […]
ACME Cleantech Solutions Private Limited has secured an order worth Rs 714 million from Insolation Green Energy Private Limited, a wholly owned subsidiary of Insolation Energy Limited for the supply of solar photovoltaic (PV) modules.
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