Torrent Power Limited, through its wholly owned subsidiary Torrent Green Energy Private Limited, has incorporated a new subsidiary, Torrent Urja 30 Private Limited, with an investment of Rs 500,000 by subscribing to 50,000 equity shares […]
ACWA Power has inked a 25-year power purchase agreement (PPA) with the Egyptian Electricity Transmission Company for a 2 GW wind project in Egypt. The investment in the project is approximately USD2.3 billion. The project […]
BYD Energy Storage and Saudi Electricity Company have inked 12.5 GWh of grid-scale energy storage project contracts. This new contract along with a previously delivered 2.6 GWh project combines to a total of 15.1 GWh […]
The Ministry of Power (MoP) has issued an advisory to all state governments, central generating stations, and renewable energy implementing agencies (REIAs) on the integration of energy storage systems (ESS) with solar power projects to […]
REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, has transferred two special purpose vehicles, Bidar Transco Limited and Khavda V-B1B2 Power Transmission Limited to Power Grid Corporation of India […]
Larsen & Toubro Limited (L&T) has acquired the remaining 26 per cent stake in L&T Special Steels and Heavy Forgings Private Limited (LTSSHF) from Nuclear Power Corporation of India Limited (NPCIL), making it a wholly […]
Alpex Solar has received a work order from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for the supply of 2,000 solar water pumps under the Magel Tyala Saur Krushi pump scheme. The total order value […]
Gurin Energy has completed the construction of a 75-MW solar power plant in Palauig, Zambales Province, marking its first project in the Philippines. The facility spans 80 hectares and is equipped with 136,363 photovoltaic panels. […]
The Government of Laos has signed an agreement with Chitchareune Construction to develop the 1,200 MW Nong wind power project in Savannakhet province, Vietnam with an investment of USD1.9 billion. The project’s feasibility study is […]
The Ministry of Power (MoP) has released draft guidelines for designating companies as renewable energy implementing agencies (REIA) to facilitate the rapid development of renewable energy projects under the tariff-based competitive bidding framework. REIAs will […]
The Ministry of Heavy Industries (MHI) has signed a memorandum of understanding (MoU) with Reliance New Energy Battery Limited, a wholly owned subsidiary of Reliance Industries Limited, for the allocation of 10 GWh advanced chemistry […]
Power Grid Corporation of India Limited (Powergrid) has been declared as the successful bidder under the tariff-based competitive bidding process for establishing two inter-state transmission system (ISTS) projects on a build, own, operate, and transfer […]
Bharat Heavy Electricals Limited (BHEL) has received a letter of intent (LoI) from Singareni Collieries Company Limited (SCCL) for the engineering, procurement, and construction (EPC) package of the 1×800 MW Singareni Thermal Power Project, Stage-II, […]
Shakti Pumps Limited has invested Rs 390 million in its wholly owned subsidiary, Shakti Electric Vehicle (EV) Mobility Private Limited, by subscribing to 4,000,000 equity shares of face value Rs 10 each. Shakti EV Mobility […]
Ahasolar Technologies Limited has secured a work order from North Eastern Electric Power Corporation Limited for consultancy services valued at approximately Rs 2.95 million. The contract entails the preparation of prefeasibility report and detailed project […]
The governments of South Sudan and Uganda, in collaboration with the Nile Basin Initiative, have secured major funding from the African Development Fund (AfDB) and European Union (EU) to advance the South Sudan-Uganda Power Interconnection […]
The Ministry of Power has issued tariff-based competitive bidding (TBCB) guidelines for procuring stored energy from pumped storage projects (PSPs). The guidelines define two procurement modes: Mode 1 involves PSPs developed on sites identified by […]
Sterlite Power Limited has successfully commissioned the 400 kV double-circuit (D/C) Nangalbibra–Bongaigaon transmission line covering approximately 300 circuit km. It includes a 123 km, 400 kV direct current (DC) transmission line connecting Bongaigaon in Assam […]
India and Sri Lanka are set to formalise an agreement on cooperation in mineral exploration and mining, focusing on securing critical minerals essential for economic and industrial development. A high-level meeting between the two countries […]
Reportedly, NHPC Limited has announced plans to invest over Rs 800 billion in developing 20 GW of pumped storage projects (PSPs) and renewable energy projects across India. The company is focusing on PSPs, which function […]
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