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 […]
Torrent Power Limited has recorded a net profit of Rs 4.96 billion for the quarter ended September 2024, marking an 8.66 per cent decline compared to Rs 5.43 billion reported in the same quarter of […]
REC Limited has recorded a net profit of Rs 40.37 billion for the quarter ended September 2024, marking a 6.5 per cent increase compared to Rs 37.90 billion reported in the same quarter of the […]
Datta Power Infra Private Limited has signed a memorandum of understanding (MoU) for an investment of Rs 50 billion to boost renewable energy infrastructure in Rajasthan. The agreement was signed during the Rising Rajasthan 2024 […]
The Ministry of New and Renewable Energy (MNRE) has set specific terms for real estate developers and promoters to avail Central Financial Assistance (CFA) under the PM Surya Ghar: Muft Bijli Yojana (PMSGY). According to […]
Voltalia and TAQA Arabia, have signed a memorandum of understanding with Egypt’s Ministry of Electricity to repower the Zafarana wind farms. This partnership aims to revitalise the 545 MW wind farm which was originally commissioned […]
Reportedly, Satvik Green Energy has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise Rs 11.50 billion through an initial public offering (IPO). The IPO includes […]
Sterlite Power has completed the Goa-Tamnar Transmission Project, through its special purpose vehicle, Goa-Tamnar Transmission Project Limited (GTTPL). This project is Goa’s first-ever 400 kV gas-insulated substation (GIS) at Dharbandora. The substation, along with other […]
AMPIN Energy Transition has partnered with Copenhagen Infrastructure Partners (CIP) to develop approximately 2 GWp of renewable energy projects across the country. This collaboration involves joint equity investments of over USD 300 million will help […]
Adani Energy Solutions Limited (AESL) has acquired the special purpose vehicle, Pune-III Transmission Limited from PFC Consulting Limited, a wholly-owned subsidiary of Power Finance Corporation Limited through a competitive bidding process. Pune-III Transmission was established […]
Tata Power Company Limited has partnered with Druk Green Power Corporation Limited (DGPC) to develop 5,000 MW of clean energy projects in Bhutan. The partnership will focus on developing 2,000 MW of hydropower, 2,500 MW […]
The Ministry of Environment, Forests, and Climate Change (MoEFCC) has streamlined compliance for renewable energy projects by exempting solar module manufacturing units, solar and wind power projects, and mini hydel projects under 25 MW from […]
Power Grid Corporation of India Limited (Powergrid) has acquired Khavda V-A Power Transmission Limited, a special purpose vehicle, to implement the “Transmission System for Evacuation of Power from Potential Renewable Energy Zones in Khavda Area […]
The Central Electricity Authority (CEA) has released revised draft Guidelines for the Periodicity of Type Tests for Major Equipment used in Electrical Power System . These guidelines aim to harmonise the validity period of type […]
India, Nepal, and Bangladesh have jointly inaugurated the first trilateral power transaction, allowing electricity to flow from Nepal to Bangladesh through the Indian grid. Announced in 2023, the trilateral power deal will involve exporting up […]
The Central Electricity Authority (CEA) has approved the uniform protection protocol for users of the Indian Grid, developed by the National Power Committee in consultation with Regional Power Committees. The protocol aims to ensure grid […]
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