India’s expanding railway network is key to its infrastructure growth, ensuring seamless connectivity nationwide. While railways offer cost-effective mobility, their reliance on conventional energy affects the environment. To become a net zero transport system, Indian […]
The electricity traded in the day-ahead market in February 2025 was 5,408.6 MUs at the IEX. The average market clearing price range was Rs 3.14 per unit to Rs 4.89 per unit at the IEX. […]
India’s power trading segment has witnessed significant expansion, driven by increasing demand, technological advancements and policy reforms. The market has evolved over time, providing enhanced liquidity and greater flexibility for participants. The rise of real-time […]
The Revamped Distribution Sector Scheme (RDSS), with a massive investment of Rs 3 trillion, has been a key reform initiative in the power distribution segment. After its launch in 2021, it has made steady progress […]
In a significant step towards strengthening the country’s renewable energy infrastructure, the Ministry of Power (MoP) has released new tariff-based competitive bidding (TBCB) guidelines for procuring storage capacity and stored energy from pumped storage projects […]
The power distribution sector in India is undergoing a transformative phase, with ongoing efforts to enhance efficiency, customer satisfaction and financial sustainability. Evaluating the sector’s performance, recently the Ministry of Power (MoP) released three important […]
As India moves forward with its first offshore wind projects, modernising grids and developing robust offshore transmission networks will be key to ensuring their successful integration. Offshore wind farms are typically located far from key […]
The European Union (EU) is at a crossroads vis-á-vis competitiveness, decarbonisation and security, with a clear need to act. High energy costs, fierce global competition and complex regulations have adversely impacted EU industries, which now […]
ONGC Green Limited acquires PTC Energy ONGC Green Limited, a wholly owned subsidiary of Oil and Natural Gas Corporation (ONGC) Limited, has acquired a 100 per cent equity stake in PTC Energy Limited for Rs […]
SJVN Green Energy Limited has commenced operations for 241.77 MW solar project. This is a part of company’s 1,000 MW solar power prgoject in Bikaner, Rajasthan. The capacity has completed trial runs and is now […]
GE Power India Limited has secured a purchase order worth Rs 382 million from NTPC Limited for the supply of generator parts for its Talcher site. The order, awarded by a domestic entity, is for […]
ACME Solar Holdings has secured a long-term refinancing facility worth Rs 24.91 billion for its operational renewable energy projects totaling 490 MW across Andhra Pradesh, Rajasthan, and Punjab. The refinancing has been secured from the […]
Shakti Pumps Limited has received a domestic letter of award (LoA) from the Maharashtra Energy Development Agency (MEDA) for the supply, installation, testing, and commissioning of 445 off grid solar photovoltaic water pumping systems under […]
AMPIN Energy Transition has entered into a power purchase agreement (PPA) with Poly Medicure Limited to supply 9.9 MWp of solar power from its 75 MWp solar park in Kurungawali, Sirsa, Haryana. Under the agreement, […]
Nigeria is strengthening its energy partnership with Egypt, focusing on enhancing power generation, transmission and electrification. The federal government has reaffirmed its dedication to expanding electricity access during a meeting between officials from Nigeria’s Ministry […]
The Central Electricity Authority (CEA) has clarified that the recently announced requirement to co-locate energy storage systems (ESS) with solar power plants will apply only to future tenders, and not to past or ongoing projects. […]
Bharat Heavy Electricals Limited (BHEL) has received a letter of intent (LoI) for engineering, procurement, and construction (EPC) for the 1,320 MW Rajiv Gandhi (Korba West) Thermal Power Plant. The scope of work includes supply […]
Indian Renewable Energy Development Agency Limited (IREDA) has reported growth in its financial performance for the financial year 2024-25. The company sanctioned loans amounting to Rs 474.53 billion, marking a 27 per cent increase over […]
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