January Issue 2025
By Hitesh Chaniyara, Partner, PricewaterhouseCoopers Private Limited Imagine a future where every home and business in India runs on renewable energy, with solar panels and wind turbines dotting both countryside villages and city skylines. This […]
NTPC Limited has launched carbon dioxide battery energy storage technology at its Kudgi power station to support decarbonisation and round-the-clock power supply. Developed by NTPC’s research and development division, NETRA, in collaboration with Triveni Turbine […]
Apraava Energy has commissioned a 250.7 MW wind power project at Sidhpur in Devbhoomi Dwarka district, Gujarat. The project was awarded under the tranche VIII wind tender by the Solar Energy Corporation of India Limited […]
Jakson Green and Blueleaf Energy have partnered to develop a 1 GW solar portfolio in Rajasthan, with an investment of USD400 million. The portfolio comprises three solar projects, including intra-state transmission system and inter-state transmission […]
Jupiter International has signed a memorandum of understanding (MoU) with the Odisha government to establish a photovoltaic solar cell and module manufacturing unit in Khordha. The project, with an investment of Rs 20.05 billion through […]
AZAD Engineering Limited has signed a long-term contract and price agreement with Siemens Energy Global GmbH & Co. KG for the manufacturing and supply of mission-critical components. The contract, valued at 90.1 million Euros over […]
JUWI Renewable Energies will commence construction on three major private solar projects in South Africa. The projects will have a combined capacity of 340 MW and investments in them already exceed USD320 million. These projects […]
The Economic Survey of India 2024-25 has highlighted a significant progress in energy generation from non-fossil fuels and renewable sources. It mentions that India’s installed power capacity reached 456.7 GW as of November 2024, reflecting […]
Vikas Gaba, Partner and National Head (Power and Utilities), and Ankit Anurag, Associate Director (Power and Utilities), KPMG in India Since 2014, South Asia has been the fastest growing region globally. Over the past decade, […]
Union Budget 2025 will play a critical role in addressing challenges such as expanding renewable energy capacity, promoting energy storage and boosting domestic manufacturing. Experts anticipate measures to incentivise renewable projects, support research in energy […]
The Ministry of New and Renewable Energy (MNRE) has issued the Solar Systems, Devices, and Components Goods Order, 2025, revising the existing solar photovoltaics, systems, devices, and components goods (Requirements for Compulsory Registration) Order, 2017. […]
Coal India Limited (CIL) has recorded a net profit of Rs 84.91 billion for the quarter ending December 2024, registering a 17.5 per cent decrease from Rs 102.92 billion reported in the same quarter last […]
Suzlon Energy Limited has reported a net profit of Rs 3.88 billion for the quarter ending December 2024, reflecting an increase of 91.13 per cent from Rs 2.03 billion recorded in the same period last […]
JSW Energy Limited has recorded a net profit of Rs 1.57 billion for the quarter ending December 2024, recording a 32.32 per cent decrease from Rs 2.32 billion reported in the same quarter last year. […]
Saigon Jim Brother’s Corporation (EVM), Solarvest (Vietnam), and Power Engineering Consulting Joint Stock Company 2 (PECC2) have signed a memorandum of understanding to accelerate the adoption of renewable energy in Vietnam. The partnership leverages Vietnam’s […]
MSIG Asia and The RiskPoint Group have partnered to enhance renewable energy (RE) insurance in the Asia Pacific region. Following approval from the Monetary Authority of Singapore, RiskPoint will serve as MSIG Singapore’s Managing General […]
THDC India Limited has announced the commencement of the commercial operation date (CoD) for Unit 1, a 660 MW capacity, at the Khurja Super Thermal Power Plant (KSTPP), Stage-I (2×660 MW). With this milestone, THDC […]
TP Solar Limited, a wholly owned subsidiary of Tata Power Renewable Energy Limited (TPREL), has secured a contract with the Maharashtra State Power Generation Company Limited (MSPGCL) to supply 300 MWp of solar modules for […]
The Telangana government has signed a memorandum of understanding (MoU) with Sun Petrochemicals to develop green power projects with an investment of Rs 455 billion. The initiative will focus on three pumped storage hydropower projects […]
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