ACWA Power in partnership with Badeel and the Saudi Aramco Power Company (SAPCO) has entered into power purchase agreements with the Saudi Power Procurement Company for the development of seven utility-scale renewable energy projects. These […]
India’s transition to a low-carbon economy has brought green financing instruments to the fore. Among these, bonds, which are fixed-income instruments issued to raise capital, have emerged as a key enabler for renewable energy investments. […]
Dr Rajesh Kumar Arora, Senior Manager (Technical), Delhi Transco Limited Transformers are vital components in electrical power systems, used for voltage transformation, impedance matching and electrical isolation. Due to their critical function, ensuring the reliability, […]
Priya Kumar currently serves as executive director at Power Finance Corporation (PFC) Limited, where she leads the solar and wind projects vertical. An electrical engineering graduate from the Delhi College of Engineering, Kumar also holds […]
The Indian government launched the Revamped Distribution Sector Scheme (RDSS) with the objective of enhancing the operational efficiency and financial sustainability of discoms. The scheme provides result-linked financial assistance to discoms, and is contingent upon […]
R.K. Choudhary, Former Member, Bihar Electricity Regulatory Commission From 1980 to 2010, India’s power generation was predominantly based on fossil fuel-based power plants (such as coal, gas and oil), hydroelectric plants and nuclear stations. The […]
A review of data by the Central Electricity Authority (CEA) indicates that power demand grew by a moderate 3 per cent year on year in FY 2025, compared to FY 2024 when power demand grew […]
India has achieved a significant milestone in its energy transition by reaching 50.08 per cent of installed electricity capacity from non-fossil fuel sources. This marks an early achievement of its nationally determined contribution target which […]
The Ministry of Environment, Forest and Climate Change (MoEF&CC) has notified amendments to the Environment (Protection) Rules and eased sulphur dioxide (SO₂) compliance requirements for coal and lignite based thermal power plants (TPPs). The notification […]
The Madhya Pradesh government has signed an agreement with Grew Energy for the establishment of a 3 GW solar cell manufacturing facility in Narmadapuram district. The project is expected to improve the state’s positioning as […]
Shakti Pumps Limited has approved an equity investment of Rs 120 million in its wholly owned subsidiary, Shakti Energy Solutions Limited. This funding has been made in exchange for equity shares. The investment is aimed […]
SAEL Industries Limited, through its subsidiary SAEL Solar P6 Private Limited, is set to establish an integrated solar manufacturing facility in Greater Noida, Uttar Pradesh. The project will be set up under the jurisdiction of […]
Vanya Steels, a wholly owned subsidiary of A-One Steel Group, is set to commission a 10 MW waste-to-energy power plant at its manufacturing facility in Koppal, Karnataka. The company is investing Rs 1 billion in […]
The Government of Vietnam has secured more than USD7 billion to support its Just Energy Transition Partnership (JETP) goals, aimed at achieving net-zero emissions by 2050. Three major projects have already received IPG funding: EUR67 […]
NTPC Limited has signed a power purchase agreement (PPA) today with the Electricity Department, Government of Goa for power allocation from Sipat Stage-III, located in Bilaspur district, Chhattisgarh. The agreement marks a significant milestone in […]
Arizona-headquartered First Solar set up its first solar manufacturing unit in India in 2023 with a massive 3.3 GW annual production capacity. One of the only companies of its scale in the world that makes […]
Hitachi Energy has flagged off India’s first 400 kV class, 315 MVA rating, three-phase synthetic ester fluid-filled power transformer for Power Grid Corporation of India Limited (Powergrid). Engineered for future-ready performance, these transformers operate at […]
The National Stock Exchange (NSE) has launched monthly electricity futures contracts. The new contracts are aimed at facilitating price discovery and providing hedging tools for power generators, distribution companies, and large consumers. On the first […]
The Ministry of Heavy Industries has launched a dedicated incentive scheme under the PM E-DRIVE initiative to promote adoption of electric trucks in the country. The scheme offers upfront incentives of up to Rs 960,000 […]
Reportedly, NLC India Limited has approved capital expenditure plan of Rs 1.25 trillion to expand its power generation capacity from 6.7 GW to 20 GW by 2030. The investment breakdown includes Rs 650 billion for renewable energy and […]
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