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Home2024

Year: 2024

No Picture
Central Sector

CCEA approves CIL’s equity investment through JV in coal-to-SNG project with GAIL JV and coal-to-AN project with BHEL

January 29, 2024

The Cabinet Committee on Economic Affairs (CCEA) has approved Coal India Limited’s (CIL) equity investments for two significant projects. Firstly, an investment of Rs 19.97 billion for a coal-to-synthetic natural gas (SNG) project in West […]

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Reforms and Regulations

CEA notifies draft CEA (Installation and Operation of Meters) (Amendment) Regulations, 2024

January 29, 2024

The Central Electricity Authority (CEA) has notified draft CEA (Installation and Operation of Meters) (Amendment) Regulations, 2024. As per the notification, all consumers in area with communication network, shall be supplied electricity with smart meters […]

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Central Sector

Cabinet approves scheme to promote coal/lignite gasification projects

January 29, 2024

The Cabinet  has given approval to a scheme promoting coal/lignite gasification projects in both government public sector undertaking (PSU) and the private sector. The scheme, with a total outlay of Rs 85 billion, aims to […]

Videos

21st Annual Conference on Hydro Power in India | January 22-23, 2024 | Le Meridien, New Delhi

January 25, 2024

  Glimpses from our 21st annual conference on Hydro Power in India, on January 22-23, 2024 at Le Meridien, New Delhi. The conference highlighted recent trends in hydropower, discussed upcoming opportunities, identified key challenges, and […]

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International News

EVN starts work on 500 kV Circuit-3 sections in Vietnam

January 25, 2024

Vietnam Electricity (EVN) and the National Power Transmission Corporation (EVNNPT) have started construction on two sections of the 500 kV Circuit-3 Transmission Line project. This includes the Quang Trach–Quynh Luu and Quynh Luu–Thanh Hoa lines […]

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Central Sector

REC targets 10 million rooftop solar installations under Pradhan Mantri Suryodaya Yojana

January 25, 2024

REC Limited has been designated as the nodal agency for the Pradhan Mantri Suryodaya Yojana to facilitate the installation of rooftop solar systems in 10 million households. REC will lend up to Rs 1.2 trillion […]

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Private Sector

JSW reports profit of Rs 2.32 billion for the third quarter of 2023-24

January 25, 2024

JSW Energy Limited has recorded a net profit of Rs 2.32 billion during third quarter of 2023-24, registering an increase of 24.06 per cent, compared to the profit of Rs 1.87 billion recorded in the […]

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Private Sector

Juniper Green and KPI Green emerge as winners in GUVNL’s 500 MW wind-solar hybrid auction

January 25, 2024

Juniper Green Energy Private Limited and KPI Green Energy Private Limited have secured project for setting up 200 MW capacity under 500 MW grid-connected wind- solar hybrid power projects (Gujarat Urja Vikas Nigam Limited (GUVNL)-Phase […]

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Central Sector

REC reports profit of Rs 33.08  billion for the third quarter of 2023-24

January 25, 2024

REC Limited has recorded a net profit of Rs 33.08 billion during third quarter of 2023-24, registering an increase of 13.48 per cent, compared to the profit of Rs 29.15 billion recorded in the corresponding […]

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Central Sector

ACME and IHI sign agreement for supply of green ammonia from India to Japan

January 25, 2024

ACME Group and IHI Corporation have signed an offtake term sheet for the supply of green ammonia from Odisha, India to Japan. This strategic partnership aims to rival the market for relatively inexpensive yet less […]

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Central Sector

IREDA reports profit of Rs 3.35 billion for the third quarter of 2023-24

January 24, 2024

Indian Renewable Energy Development Agency Limited (IREDA) has recorded a net profit of Rs 3.36 billion during third quarter of 2023-24, registering an increase of 67.15 per cent, compared to the profit of Rs 2 […]

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International News

CREC earmarks PHP35 billion capex for renewable energy projects in the Philippines

January 24, 2024

Citicore Renewable Energy Corporation (CREC) has allocated PHP35 billion in capital expenditure (capex) for renewable energy projects in the Philippines. The company aims to contribute 1 GW of ready-to-build or under-construction solar energy capacity annually […]

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Central Sector

Coal power generation surges by 10.13 per cent in April-December 2023

January 24, 2024

During April-December 2023, coal-based power generation in India increased by 10.13 per cent, as compared to corresponding period of previous year while overall power generation grew 6.71 per cent during the same period. The domestic […]

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Central Sector

PFCCL incorporates SPVs for three transmission projects in Rajasthan, Gujarat

January 24, 2024

  PFC Consulting Limited (PFCCL) has incorporated three special purpose vehicles (SPVs) for the development of transmission system. These are Sirohi Transmission Limited for the Transmission system for evacuation of power from Rajasthan REZ Ph […]

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Central Sector

Government introduces program for rooftop solar installation on one crore households

January 24, 2024

Following the Ministry of New and Renewable Energy’s (MNRE) recent subsidy increase for residential rooftop solar, the government has introduced a dedicated scheme called ‘Pradhanmantri Suryodaya Yojana’ to install rooftop solar on 10 million households. […]

Knowledge Bank

Electricity Demand Pattern Analysis: Report by Grid Controller of India, 2023

January 23, 2024

This report extensively examines the electricity demand growth in India on a national, regional, and state levels, spanning from 2009 to the present. It delves into the influence of significant events such as the 9 […]

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Central Sector

SECI declares winners of its 450,000 mt green hydrogen manufacturing auction

January 23, 2024

Results for the Solar Energy Corporation of India Limited’s (SECI) auction to develop 450,000 metric tonnes (mt) per annum generation facilities for green hydrogen have been announced. The tender for the project was issued in […]

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International News

Malaysia to get its first green hydrogen production plant

January 23, 2024

Semarak Renewable Energy Sdn Bhd (Semarak RE) has signed a RM1.88 billion agreement with China Hydropower (Malaysia) Company Limited, a unit of PowerChina International Limited to develop the first large-scale green hydrogen production project with […]

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Private Sector

Sunsure Energy and KSB sign PPA to set up captive renewable energy project

January 23, 2024

Sunsure Energy has entered into a power purchase agreement (PPA) with KSB Limited, a Germany headquartered pump manufacturer, to provide approximately ten million units of clean power each year over the course of the next […]

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Private Sector

Hero group signs MoU worth Rs 40 billion with Uttar Pradesh government for a renewable energy project

January 23, 2024

Hero Future Energies and Uttar Pradesh government have signed an memorandum of understanding (MoU) to invest Rs 40 billion in a project focused on renewable energy and clean technology, on the sidelines of World Economic […]

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    September 9, 2026
    Alfanar Power has signed a 100 MW wind power purchase agreement (PPA) with Gujarat Urja Vikas Nigam Limited (GUVNL). The …Read More »

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