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Home2024December

Month: December 2024

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International News

Jacobs and Terra Solar partnered for USD3.3 billion renewable energy project in the Philippines

December 10, 2024

Jacobs has partnered with Terra Solar Philippines Incorporation for a major USD3.3 billion energy project in the Philippines. The initiative will include a 3.5 GW solar plant and 4.5 GW battery storage, designed to meet […]

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Central Sector

Ministry of Coal launches 11th round of commercial coal mine auctions

December 9, 2024

The Ministry of Coal has launched the 11th round of commercial coal mine auctions, offering 27 coal blocks across Jharkhand, Odisha, Chhattisgarh, Maharashtra, Madhya Pradesh, and Arunachal Pradesh, including one coking coal mine. These blocks […]

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State Sector

KERC eases rooftop solar installation rules for systems up to 10 kW

December 9, 2024

The Karnataka Electricity Regulatory Commission (KERC) has issued an order easing rooftop solar installation rules for consumers with sanctioned loads of up to 10 kW. It has allowed a 10 per cent capacity tolerance for […]

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Private Sector

Serentica to invest Rs 500 billion in Rajasthan’s clean energy projects

December 9, 2024

Serentica Renewables is planning to invest Rs 500 billion to develop 10,000 MW of renewable energy capacity in Rajasthan. This initiative aligns with the company’s participation in Rising Rajasthan 2024, aimed at showcasing the state’s […]

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Private Sector

DSSL to develop 1.8 GW solar module facility in Maharashtra

December 9, 2024

Dynamic Services and Security Limited (DSSL) has received an order from the Maharashtra government to establish a 1,800 MW solar module manufacturing facility at MIDC Villebhagad, Tal-Mangaon, in Raigad district, Maharashtra. The company will invest […]

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Central Sector

FICCI signs MoU with MAHAPREIT to promote renewable energy in Maharashtra

December 9, 2024

The Federation of Indian Chambers of Commerce and Industry (FICCI) has signed a memorandum of understanding (MoU) with Mahatma Phule Renewable Energy and Infrastructure Technology Limited (MAHAPREIT) to promote renewable energy, decarbonisation, energy efficiency, and […]

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Central Sector

FICCI signs MoU with MAHAPREIT to promote renewable energy in Maharashtra

December 9, 2024

The Federation of Indian Chambers of Commerce and Industry (FICCI) has signed a memorandum of understanding (MoU) with Mahatma Phule Renewable Energy and Infrastructure Technology Limited (MAHAPREIT) to promote renewable energy, decarbonisation, energy efficiency, and […]

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Projects & Ventures

Bondada Engineering secures Rs 1.08 billion solar streetlights project from BREDA

December 9, 2024

Reportedly, Bondada Engineering Limited has received a work order worth Rs 1.08 billion from the Bihar Renewable Energy Development Agency (BREDA) for the design, supply, installation, testing, and commissioning of smart solar streetlight systems across […]

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International News

NGCP energises 230 kV Cebu–Bohol interconnection project in Philippines

December 9, 2024

National Grid Corporation of Phillipines (NGCP) has energised the 230 kV Cebu–Bohol interconnection project (CBIP), which will help meet the growing power demand of and strengthen grid resiliency in Bohol, as well as improve the […]

TransTech India 2024

Power Grid Corporation of India wins TransTech India’s Most Creative & Innovative Design Award!

December 6, 2024

We are excited to announce that Power Grid’s booth at TransTech India 2024 has received the Award for Outstanding Design and Innovation. The award was presented by Mr. Alok Brara, Publisher of Power Line, in […]

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Central Sector

PFCCL incorporates SPVs for transmission systems in Gujarat and Andhra Pradesh

December 6, 2024

PFC Consulting Limited (PFCCL) has incorporated two special purpose vehicles (SPVs), Raghanesda RE Transmission Limited and Kurnool III PS RE Transmission Limited. Raghanesda RE Transmission Limited is set to develop a transmission system for the […]

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Central Sector

PMSGMBY targets 1 million rooftop solar installations by March 2025

December 6, 2024

PMSGMBY targets 1 million rooftop solar installations by March 2025 PM Surya Ghar: Muft Bijli Yojana (PMSGMBY) has achieved 630,000 rooftop installations, with average monthly installations upto to an average of 70,000 and is expected […]

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Projects & Ventures

TKIL Industries partners with SoHHytec to enter green hydrogen sector

December 6, 2024

TKIL Industries Private Limited, has partnered with SoHHytec SA to introduce hydrogen production technology in India. The partnership includes exclusive rights for manufacturing and deploying SoHHytec’s artificial photosynthesis technology, which uses solar and wind energy […]

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Private Sector

Refex Green Power incorporates subsidiary for NTPC solar project

December 6, 2024

Refex Green Power Limited (RGPL), a wholly owned subsidiary of Refex Renewables & Infrastructure Limited, has incorporated Refex Solar SPV Five Limited to implement a 100 MW solar power project awarded by NTPC Limited. Refex […]

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Private Sector

Reliance Power reports net profit of Rs 28.78 billion in the second quarter of 2024-25

December 6, 2024

Reliance Power Limited has recorded a net profit of Rs 28.78 billion for the quarter ended September 2024, compared to a loss of Rs 2.38 billion in the same quarter of the previous year. The […]

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International News

TotalEnergies and AEW bag 300 MW solar project in Saudi Arabia

December 6, 2024

TotalEnergies and Aljomaih Energy & Water Company (AEW) have been awarded 300 MW Rabigh 2 solar project, under Saudi Arabia’s National Renewable Energy Program Round 5. The consortium of these two companies signed a 25-year […]

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International News

Phillipines and UAE sign MoU to boost energy transition

December 6, 2024

The Governments of the Philippines and the United Arab Emirates (UAE) have signed a memorandum of understanding (MoU) to strengthen cooperation in energy transition in both countries. Key areas covered include renewable energy, liquefied natural […]

Forum

Ensuring Transparency: Industry leaders discuss the new financial accounting rules for discoms

December 6, 2024

India’s power distribution companies are facing continuous challenges, including financial instability, high AT&C losses and delayed tariff revisions. To address these, the Ministry of Power (MoP) has introduced new financial accounting and disclosure rules to […]

Renewables

Power Surge: Need for accelerated renewables integration to meet growing demand

December 6, 2024

Saurabh Kumar, Vice President, Global Energy Alliance for People and Planet (GEAPP) As the world grapples with the escalating impacts of climate change, India’s power sector faces its own formidable challenge – an unprecedented surge […]

Companies

JSW Energy: Big strides in the renewable energy segment

December 5, 2024

JSW Energy Limited is one of India’s leading independent power producers, with a significant presence across the sector, encompassing generation, transmission, manufacturing, renewables and trading. At present, the company’s operational capacity stands at around 7.7 […]

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