Reportedly, CleanMax has raised Rs 4 billion in a pre-initial public offering (IPO) funding round from 360 One Asset Management to support promoter stake consolidation ahead of its planned public listing. The stake was acquired […]
Reportedly, Tesla has inaugurated its first supercharger station in India which is located at the P1 parking level of One Bandra Kurla Complex in Mumbai. The charging facility includes four direct current superchargers with a […]
The Government of the Philippines has commissioned the 22 MW Tanawon geothermal power plant in Sorsogon City, developed by the Energy Development Corporation (EDC), a subsidiary of First Gen Corporation. The PHP7 billion facility was […]
India’s e-mobility sector has undergone a significant transformation over the past decade. Once accounting for just 0.5 per cent of total vehicle sales in 2018, EVs rose to 7.7 per cent of new vehicle sales […]
The Ministry of New and Renewable Energy (MNRE) has released the approved list of models and manufacturers (ALMM) list-II for solar cells, listing nine domestic manufacturers with a cumulative annual production capacity of 13,067 MW. […]
Reportedly, the central government plans to formulate entry norms for private companies seeking to participate in nuclear power generation, currently restricted to central public sector undertakings. As part of the legislative overhaul to facilitate private […]
NHPC Limited has announced the auction results for its 125 MW/500 MWh standalone battery energy storage systems (BESS) tender in Kerala under Tranche-I. NTPC Green Energy Limited has been awarded 40 MW/160 MWh at a […]
Larsen & Toubro’s (L&T)Renewables business has secured an engineering, procurement and construction (EPC) order to develop a 116 MWac grid-connected solar photovoltaic (PV) plant integrated with a 241 MWh battery energy storage system (BESS) at […]
Reportedly, Schneider Electric has planned to acquire the remaining 35 per cent stake in Schneider Electric India Private Limited (SEIPL) from Temasek in an all-cash deal valued at 5.5 billion euros. This move will enhance […]
TotalEnergies ENEOS has successfully commissioned a 680 kWp rooftop solar photovoltaic (PV) project at a TechnipFMC facility in Malaysia. The newly installed system comprises over 1,100 solar modules and is expected to generate approximately 915 […]
Afghanistan has secured a USD10 billion agreement with a domestic private company to develop 10,000 MW of electricity generation capacity across multiple provinces. The project will be implemented between 2026 and 2032 and will utilise […]
The introduction of electricity derivatives marks a significant step in the evolution of India’s power market. By enabling better price discovery and risk mitigation, derivatives are expected to enhance overall market efficiency. Industry experts discuss […]
By Atul Bali, Director, National Smart Grid Mission and Expert Group on Smart Metering India’s energy distribution landscape is undergoing a digital transformation, led by the large-scale roll-out of smart meters. As of mid-2025, over […]
Total power generation stood at 159.1 BUs in May 2025. At around 50.76 BUs and 42.68 BUs respectively, the central and private sectors accounted for a major share in conventional power generation. Meanwhile, renewable energy […]
The electricity traded in the day-ahead market in June 2025 was 4,580.97 MUs at the IEX. The average market clearing price range was Rs 2.00 per unit to Rs 5.90 per unit at the IEX. […]
Kartikeya Anand, is a presently serving with the Government of Andhra Pradesh. He brings over 23 years of experience in Public Policy, with a strong focus on clean energy, climate technology, ESG integration and sustainable […]
Incorporated on July 1, 2002, Madhya Pradesh Paschim Kshetra Vidyut Vitaran Company Limited (MPPKVVCL) oversees electricity distribution and retail supply in the Indore and Ujjain divisions. MPPKVVCL secured an “A” rating during 2023–24, reflecting its […]
As part of its policy of decarbonisation, the government hopes that at least 30 per cent of private vehicles will be electric vehicles (EV) by 2030, along with 70 per cent of commercial cars, 40 […]
With over three decades of experience in India’s power and gas sector, Rajesh Kumar Mediratta is a recognised expert in energy markets, and a pioneer who has contributed significantly to the development of power and […]
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