Suzlon Group has reported a net profit of Rs 2 billion for the quarter ending September 2024, reflecting a 96 per cent increase from Rs 1.02 billion recorded in the same period last year. The […]
Insolation Energy Limited has secured a contract worth Rs 5 billion from the Rajasthan Renewable Energy Corporation Limited (RREC) for the design, supply, erection, testing, and commissioning of rooftop solar photovoltaic (PV) projects on state […]
MEIL Solar Energy, a subsidiary of Megha Engineering & Infrastructures Limited (MEIL), has signed power purchase agreements (PPA) with Bangalore Electricity Supply Company Limited (BESCOM) for the supply of solar power from 76 solar projects […]
Powerica Limited has secured a 50 MW wind energy power project by the Solar Energy Corporation of India Limited (SECI). The project was secured at a tariff of Rs 3.81 per unit, emerging as the […]
Power Grid Corporation of India Limited (Powergrid) has been declared as the successful bidder under tariff based competitive bidding process for the inter-state transmission system (ISTS) for evacuation of power from potential renewable energy zone […]
NTPC Green Energy Limited (NGEL), a wholly owned subsidiary of NTPC Limited, has received final approval from the Securities and Exchange Board of India (SEBI) to launch a Rs 100 billion initial public offering (IPO). […]
Tata Power Company Limited (TPCL) has signed a share purchase agreement (SPA) to acquire a 40 per cent equity stake in Khorlochhu Hydro Power Limited (KHPL), to develop a 600 MW hydropower project in Bhutan […]
AMPIN Energy Transition signed an agreement with Varroc Group for 27 MWp solar power project in Maharashtra. The new power purchase agreement is a repeat order and is expected to help Varroc Group reduce its […]
NLC India Limited has reported a net profit of Rs 9.82 billion for the quarter ending September 2024, reflecting a 9.58 per cent decrease from Rs 10.86 billion recorded in the same period last year. […]
The Kenya Electricity Transmission Company Limited (KETRACO) has completed a new 132/33 kV substation in Loitoktok, Kajiado County to strengthen reliable power delivery to Merrueshi, Loitoktok, and nearby regions. Besides the recently built Loitoktok substation, […]
The Central Electricity Regulatory Commission (CERC) has notified the CERC (Indian Electricity Grid Code) (First Amendment) Regulations, 2024. The key changes include the reduction of the allowable period for injecting infirm power from one year […]
GAIL (India) Limited and VERBIO India Private Limited have signed a memorandum of understanding (MoU) to establish agricultural residue-based compressed biogas (CBG) plants in India. Under the agreement, the two parties plan to identify suitable […]
Servotech Power Systems Limited (Servotech) has launched new line of solar products, including solar on-grid inverters with a capacity range of 1 kW to 100 kW, solar hybrid inverters ranging from 2 kW to 7.5 […]
Om Infra Limited has secured a hydro-mechanical (HM) works order worth Rs 4.1 billion for the 540 MW Kwar hydroelectric power project, which is expected to take 36 months to complete. This is an engineering, […]
Gensol Engineering Limited has reported a net profit of Rs 228.9 million for the quarter ending September 2024, reflecting a 28.96 per cent increase from Rs 177.5 million recorded in the same period last year. […]
YTL PowerSeraya has begun construction on a 600 MW hydrogen-ready Combined Cycle Gas Turbine power plant at Pulau Seraya Power Station, with an estimated investment of SDG800 million in Singapore. The project aims for completion […]
NTPC Limited has partnered with the Indian Army to establish a solar hydrogen-based microgrid at Chushul in Ladakh, to provide stable, renewable power for off-grid army locations. The microgrid system, designed by NTPC, will generate […]
The Asian Development Bank (ADB) has sanctioned a USD434.25 million loan to support renewable energy development and strengthen energy security in Assam. Reportedly, the Assam solar project will establish a 500 MW grid-connected solar photovoltaic […]
NTPC Limited has reported a net profit of Rs 53.80 billion for the quarter ending September 2024, reflecting a 13.84 per cent increase from Rs 47.26 billion recorded in the same period last year. The […]
Sembcorp Green Infra, Adani Renewable Energy, Green Prairie Energy III (EverGreen), Adyant Enersol (DATTA INFRA), and ReNew Solar have been selected as the winners in NTPC’s auction to develop inter-state transmission system connected wind-solar hybrid […]
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