PFC Consulting Limited (PFCCL), a wholly owned subsidiary of Power Finance Corporation (PFC), has incorporated a new special purpose vehicle (SPV) named Tumkur II RE Transmission Limited. The SPV has been established for the development […]
Khorlochhu Hydro Power Limited (KHPL), a special purpose vehicle for developing the 600 MW Khorlochhu Hydropower Project in Bhutan, has signed the Rs 48.29 billion loan agreement with Power Finance Corporation Limited (PFC). The agreement […]
Reliance Power Limited has signed an agreement to divest its entire stake in five Indonesian coal subsidiaries to Biotruster (Singapore) Pte. Limited for a total consideration of USD12 million. The agreement is expected to be […]
Tata Power EV Charging Solutions Limited (TPEVCSL), a wholly owned subsidiary of Tata Power Renewable Energy Limited, has signed a memorandum of understanding (MoU) with VE Commercial Vehicles Limited (VECV) to accelerate electric vehicle adoption […]
The Philippines has approved the Philippine National Nuclear Energy Safety Act to establish the Philippine Atomic Energy Regulatory Authority (PhilATOM) as an independent, quasi-judicial nuclear regulatory body. PhilATOM will be responsible for ensuring the safe […]
India’s green ammonia market has been buzzing with activity since the launch of the National Green Hydrogen Mission. The government-led initiative has rapidly gained significant momentum, attracting strong industry interest and catering to stakeholder expectations […]
Schneider Electric has launched two new reference designs developed with NVIDIA to accelerate the deployment of AI infrastructure for data centres. The first reference design delivers critical framework for integrated power management and liquid cooling […]
The Prime Minister has inaugurated the 2,800 MW Mahi Banswara Rajasthan Atomic Power Project (MBRAPP), being developed by NTPC Limted and Nuclear Power Corporation of India Limited (NPCIL) through their joint venture Anushakti Vidhyut Nigam […]
The Prime Minister has laid the foundation stone of Avaada Group’s 1,560 MWp solar plus 2,500 MWh battery energy storage system (BESS) project at Pugal and also inaugurated Avaada’s 200 MW (282 MWp) solar power […]
Tata Power Renewable Energy Limited (TPREL) has signed a memorandum of understanding (MoU) with Bank of Baroda to enable financing solutions for micro small and medium enterprises (MSME) and commercial and industrial (C&I) customers installing […]
Masdar has signed an agreement with Nama Power and Water Procurement Company for the development of the Ibri III solar independent power project in Oman. The project will comprise a 500 MW photovoltaic plant and […]
At a recent Power Line conference on “AI in Electricity Grid”, senior representatives from leading transmission and distribution utilities discussed the current status, challenges and future plans for artificial intelligence (AI) deployment in the power […]
A quick look at our 24th Annual Conference on IT and OT in Power! We thank our speakers, delegates, and sponsors for sharing insights on emerging IT-OT trends, AI applications, and best practices in the […]
CESC Limited has approved the issuance of 30,000 redeemable, senior, secured, unlisted, rated non-convertible debentures (NCDs) at Rs 100,000 each, aggregating Rs 3 billion through private placement. The NCDs will be allotted on September 26, […]
Oil and Natural Gas Corporation Limited (ONGC) has planned to acquire 2.5- 3 GW of renewable energy capacity by 2030. The company currently holds an operational renewable energy portfolio of approximately 2.5 GW. The expansion […]
Continuum Green Energy Holdings will acquire the remaining 26 per cent stake held by Clean Energy Investing (CEIL), an investment vehicle backed by Morgan Stanley Infrastructure Partners. The stake acquisition marks the exit of the […]
Venwind Refex Power Limited, a subsidiary of Refex Group, has secured an order for the supply of wind turbine generators (WTGs) and tubular towers for wind power projects in Gujarat. The aggregate contract is valued […]
The Asian Development Bank (ADB) has approved a loan of USD52.72 million to support Cambodia’s grid expansion project. The initiative aims to integrate renewable energy and improve power supply reliability to meet the country’s rising […]
Carbon capture, utilisation and storage (CCUS) is emerging as a critical lever in the power sector’s decarbonisation strategy. In the near term, retrofitting existing coal- and gas-based power plants with CCUS can significantly reduce their […]
THDC India Limited (THDCIL) has commissioned the second 660 MW unit of the 1,320 MW Khurja super thermal power project (STPP) in Uttar Pradesh. The ultra-supercritical thermal plant was executed through 14 specialised packages and […]
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