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Home2024December

Month: December 2024

No Picture
Central Sector

IREDA sanctions Rs 30 billion for Odisha’s renewable energy projects

December 26, 2024

The Indian Renewable Energy Development Agency (IREDA) has sanctioned renewable energy projects worth Rs 30 billion to support Odisha’s ambitious plan to achieve 10 GW of renewable energy capacity by 2030. These projects span diverse […]

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Central Sector

NTPC announces winners for solar projects

December 26, 2024

NTPC Limited has declared the results of its auction for 1.2 GW of solar power projects, which included an additional greenshoe option of 600 MW. The six companies emerged as winners in this tender, collectively […]

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Central Sector

NTPC signs MoU to promote green hydrogen mobility in Odisha

December 26, 2024

NTPC Limited has signed a memorandum of understanding (MoU) with GRIDCO, a Government of Odisha undertaking, and Capital Region Urban Transport (CRUT), the state’s public transit agency, to advance green hydrogen mobility in Bhubaneswar. The […]

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Private Sector

Refex Renewables issues NCD worth Rs 1.05 billion

December 26, 2024

Refex Renewables & Infrastructure Limited has issued 105 senior, secured, unrated, unlisted, and taxable non-convertible debentures (NCDs) through private placement. These NCDs, with an aggregate value of Rs 1.05 billion, have been allotted to the […]

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International News

Huawei secures 4.5 GWh energy storage deal in the Philippines

December 26, 2024

Huawei has signed an agreement with the Meralco Terra Solar project in the Philippines to supply a 4.5GWh battery energy storage system. This marks Huawei’s largest energy storage project, integrating containerized batteries, fire suppression systems, […]

Videos

19th Annual Conference on Power Distribution in India| December 10-11, 2024| Le Meridien, New Delhi

December 24, 2024

Snapshots from our 19th Annual Conference on Power Distribution in India! We thank our speakers, delegates, and sponsors for their insights on key trends in India’s power distribution sector, the impact of RDSS, and best […]

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Reforms and Regulations

CERC notifies the CERC (Deviation Settlement Mechanism and Related Matters) (First Amendment) Regulations, 2024

December 24, 2024

The Central Electricity Regulatory Commission (CERC) has notified the CERC (Deviation Settlement Mechanism and Related Matters) (First Amendment) Regulations, 2024. The amendment has revised the provisions of the principal regulations to address implementation challenges and […]

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State Sector

BERC notifies draft BERC (Terms and Conditions for Green Energy Open Access) Regulations, 2024

December 24, 2024

The Bihar Electricity Regulatory Commission (BERC) has issued a consultative paper on the draft BERC (Terms and Conditions for Green Energy Open Access) Regulations, 2024. The policy allows voluntary procurement in increments of 25 per […]

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Private Sector

SWERL secures Rs 12 billion solar EPC project in Gujarat

December 24, 2024

Sterling and Wilson Renewable Energy Limited (SWREL) has won a contract for a 500 MW alternate current solar photovoltaic project in Gujarat, valued at approximately Rs 12 billion. The scope of the project includes design, […]

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Private Sector

Refex Industries incorporates subsidiary to expand operations in renewable energy

December 24, 2024

Refex Industries Limited has incorporated a wholly owned subsidiary named Venwind Refex Power Limited to expand its operations in the renewable energy sector with a subscribed capital of Rs 10 million consisting of 100,000 fully […]

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International News

Philippines’ ERC approves NGCP’s 500 kV line and 230 kV substation

December 24, 2024

The Philippines Energy Regulatory Commission (ERC) has approved two transmission projects of National Grid Corporation of the Philippines (NGCP), the private concessionaire for the country’s transmission network. These are the PHP20.65 billion, 500 kV Balaoan–Laoag […]

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Central Sector

NTPC commences commercial operations of Gujarat solar PV project

December 23, 2024

NTPC Renewable Energy Limited, a wholly owned subsidiary of NTPC Limited, through NTPC Green Energy Limited, has commenced commercial operations for the second part capacity of 30 MW out of its 150 MW Gujarat solar […]

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Central Sector

NHPC plans to invest Rs 55 billion in Bihar for renewable energy projects

December 23, 2024

NHPC Limited has planned to sign a memorandum of understanding with the Bihar state government to invest Rs 55 billion in renewable energy projects, including solar power, floating solar installations, and battery storage solutions. The […]

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State Sector

HPERC notifies draft Green Energy Banking Regulations, 2024

December 23, 2024

The Himachal Pradesh Electricity Regulatory Commission (HPERC) has issued banking regulations under its Green Energy Open Access Policy.It has set a limit of at least 30 percent of the total monthly electricity consumption procured from […]

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Private Sector

TPREL partners with Canara Bank to promote rooftop solar adoption under PM Surya Ghar scheme

December 23, 2024

Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power Company Limited, has partnered with Canara Bank to promote the adoption of rooftop solar systems under the PM Surya Ghar Scheme.  The collaboration aims […]

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Private Sector

ACME Solar commissions 1,023 MW solar projects in Rajasthan

December 23, 2024

ACME Solar has commissioned four co-located interstate transmission system connected solar projects with a total capacity of 1,023 MW in the Jaisalmer district of Rajasthan. These projects are part of a larger 1,200 MW facility, […]

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International News

AMEA Power commissions 500 MW Abydos solar plant in Egypt

December 23, 2024

AMEA Power has commissioned the 500 MW Abydos Solar photovoltaic plant in Egypt, located in the Aswan Governorate. The plant will generate approximately 1,500 GWh of renewable energy annually, offsetting 782,300 tonnes of carbon emissions. […]

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State Sector

GUVNL announces winners for Phase XXV grid-connected solar power projects

December 20, 2024

Gujarat Urja Vikas Nigam Limited (GUVNL) has declared the results of its auction for 500 MW of grid-connected solar power projects under Phase XXV, with an additional greenshoe option of 500 MW. Prozeal Green Energy, […]

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Private Sector

Jindal Saw signs a SPA with RGMHH to acquire a 31.2 percent stake

December 20, 2024

Jindal Saw Limited has signed a share purchase agreement (SPA) to acquire a 31.20 per cent equity stake in ReNew Green MHH One Private Limited (RGMHH), which will result in RGMHH becoming an associate of […]

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Projects & Ventures

IMFA and JSW Green Energy form JV for 70 MW renewable energy supply

December 20, 2024

Indian Metals & Ferro Alloys (IMFA) has entered into a joint venture (JV) with JSW Green Energy to source 70 MW of renewable energy for its smelting operations. IMFA has signed a binding term sheet […]

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