Masdar, GD Power and Korea Electric Power Corporation have achieved financial close for the 2 GW Al Sadawi solar photovoltaic project in Saudi Arabia’s eastern province. The project will be developed on a build, own […]
The Vietnam National Industry-Energy Group (Petrovietnam) is set to launch the USD1.3 billion O Mon 4 thermal power plant in Can Tho City. The facility is a part of the block B–O Mon gas-to-power project, […]
The Asian Development Bank (ADB) and the World Bank (WB) have commit more than USD12 billion to accelerate the ASEAN Power Grid (APG) and renewable energy initiatives. The APG seeks to interconnect regional grids to […]
By Rishika Ranga, Consultant, Energy Policy and Regulations Group, CSTEP India’s electricity sector, characterised by centralised generation and long-term power purchase agreements (PPAs), is facing challenges due to the growing decentralised renewable energy (DRE) market. […]
The Ministry of Power has released a revised draft notification on the Renewable Consumption Obligation (RCO) under the Energy Conservation Act, 2001. The draft supersedes the October 2023 notification and lays down the minimum share […]
The Central Electricity Authority (CEA) has issued draft revised guidelines for the model quality assurance plan for major equipment in the power sector to establish uniform and efficient quality assurance practices across manufacturers, suppliers, and […]
The Central Electricity Authority (CEA) has released draft guidelines on the periodicity of type tests for major equipment in the power sector. The objective is to bring uniformity, reduce repetitive testing and avoid overloading of […]
SAEL Industries Limited (SAEL) has signed two power purchase agreements (PPAs) with Gujarat Urja Vikas Nigam Limited (GUVNL) and Punjab State Power Corporation Limited (PSPCL) for a total of 880 MW of solar projects. Through […]
Inox Wind Limited (IWL) has sold a stake worth Rs 1.75 billion in its engineering, procurement and construction subsidiary, Inox Renewable Solutions Limited to investors at a valuation of Rs 74 billion. The transaction follows […]
Reliance Infrastructure Limited has received a letter of award (LoA) from NHPC Limited for the development of a 390 MW inter-state transmission system-connected solar power project, coupled with a battery energy storage system (BESS). The […]
Vikram Solar Limited has raised Rs 6.21 billion from anchor investors ahead of its initial public offering (IPO). The company allotted 18.7 million equity shares at Rs 332 a piece to 43 institutional investors. The […]
Shanghai Electric has completed all assessments and the final handover of the 500 MW Manah-1 Solar Independent Power Project (IPP) in Oman. The project, developed under Oman’s Vision 2040 national blueprint for sustainable energy, will […]
Gentari has partnered with UltraTech Cement Limited to fully operationalise the country’s first-of-its-kind on-site hybrid round the clock (RTC) renewable energy project. The 7.5 MW of RTC renewable energy facility brings together solar, wind, and […]
Clean Max Enviro Energy Solutions Limited has filed its draft red herring prospectus with the Securities and Exchange Board of India (SEBI) to raise Rs 52 billion through an initial public offering (IPO). The IPO […]
Reportedly, the Hinduja Group plans to achieve 10 GW of renewable energy capacity, which is more than triple its renewable energy capacity from the current 3 GW to over 10 GW by 2030. The group […]
Jain Irrigation Systems Limited has secured an order of 5,438 solar pumps worth Rs 1.35 billion from the Maharashtra State Electricity Distribution Company Limited (MSEDCL) for the supply and installation of solar pumps across various […]
NHPC Limited has recorded a net profit of Rs 11.31 billion during the first quarter of 2025-26, marking an increase of 2.73 per cent compared to the net profit of Rs 11.01 billion recorded in […]
Egypt’s Arab Organisation for Industrialisation (AOI) and Ministry of Electricity and Renewable Energy have inaugurated a new production line for high voltage (HV) and ultra-high voltage (UHV) electricity towers at its aircraft factory to localise […]
With a career spanning over two decades in India’s dynamic power sector, Ashish Gupta stands as a testament to dedication, expertise and learning. His journey from a young engineer to Senior Deputy General Manager (DGM) […]
By Akhil Aggarwal, Vice President, Greenko Group India’s rapidly growing renewable energy capacity is transforming the electricity mix. As the share of intermittent renewables continues to rise, the need for despatchable clean energy becomes important. In […]
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