Sunflag Iron and Steel has entered into a long-term power purchase agreement with Sunsure Energy’s special purpose vehicle, Sunsure Solarpark Thirty Seven. The agreement allows Sunflag to source solar energy in captive mode from an […]
Reportedly, Finland’s state-run energy utility Fortum Oyj has exited India’s renewable energy market by selling its platform, Fortum India Pvt Ltd (FIPL), to New York-based Hexa Climate Solutions, backed by I Squared Capital. Hexa Climate […]
Leomi Instruments Private Limited participated in the CEE (Council of Enviro Excellence) Conference on Optimizing Operations: Strategies to reduce Net Heat Rate for enhancing efficiency and sustainability; held in Goa, which focused on advancements in […]
IEX Limited has recorded a net profit of Rs 4.29 billion during 2024-25, registering an increase of 22.22 percent compared to the net profit of Rs 3.51 billion recorded in the previous year. The company’s […]
By S.K. Soonee, Former and Founder CEO, POSOCO; Dr Deb Chattopadhyay, Senior Energy Specialist, The World Bank; and Debasis De, Former Executive Director, NLDC Grid-India India’s electricity sector is undergoing a significant transformation. With rising […]
Lebanon has signed a loan agreement worth USD250 million with the World Bank to support critical reforms in its electricity sector. The funding will be utilised to establish a national control centre, enhance accounting and […]
The federal government of Nigeria has signed a USD328.8 million contract with China machinery engineering corporation (CMEC) for the rehabilitation and expansion of the country’s electricity transmission infrastructure under phase I of the presidential power […]
The Ministry of Coal has introduced a new set of policy incentives aimed at accelerating the development of underground coal mining in India. Thekey measures include a reduction in the floor percentage of revenue share […]
NHPC Limited has approved a fundraise of up to Rs 20 billion for financial year 2025-26 through the issuance of unsecured, redeemable, taxable, non-convertible, non-cumulative AF-Series bonds via private placement in one or more tranches. […]
Powergrid Raipur pool Dhamtari transmission Limited, a wholly owned subsidiary of Power Grid Corporation of India Limited (Powergrid), has successfully commissioned the transmission system associated with the Western Region expansion scheme-XXVII. The project was secured […]
Gujarat Urja Vikas Nigam Limited (GUVNL) has announced the results of its phase IX auction for 250 MW of grid-connected wind power projects, offering an additional greenshoe option of 250 MW. KPI Green Energy secured […]
The Odisha government has granted in-principle approval to seven renewable energy projects with a cumulative investment of Rs 11.91 billion, aimed at enhancing the state’s sustainable energy infrastructure. The projects were cleared during the 10th […]
Premier Energies Limited has incorporated a wholly owned subsidiary, Premier Energies GWC Private Limited, for the manufacturing and processing of high-quality silicon ingots and wafers using advanced technologies and processes. The subsidiary, which will focus […]
Rajesh Power Services Limited (RPSL) has secured new orders worth Rs 11.16 billion from a mix of government and institutional clients for power transmission and distribution projects in Gujarat. The scope of work includes a […]
Adani Energy Services Limited (AESL) has recorded a net profit of Rs 9.22 billion during 2024-25, registering a decline of 22.90 per cent, compared to the net profit of Rs 11.96 billion recorded in the […]
The government of Azerbaijan has announced the construction of a new power transmission line that will connect the Nakhchivan Autonomous Republic with the East Zangezur region through the territory of Iran. The initiative aims to […]
India and the Kingdom of Saudi Arabia have signed an agreement to enhance cooperation in the energy sector, with a focus on ensuring security of the supply for all energy sources. Both sides agreed to […]
Adani Hydro Energy Five Limited (AHEL), a wholly-owned step-down subsidiary of Adani Green Energy Limited, has entered into a power purchase agreement (PPA) with Uttar Pradesh Power Corporation Limited (UPPCL). The PPA has been signed […]
Megha Engineering & Infrastructure Limited (MEIL) has secured a Rs 130 billion order from the Nuclear Power Corporation of India Limited (NPCIL) to construct two 700 MW nuclear reactors. Under the contract, MEIL will supply […]
Reportedly, NTPC Limited is in ongoing discussions with the Bihar governmen to establish a nuclear power plant t in the Nawada district. The state has formally requested the Ministry of Power to consider Bihar for […]
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