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HomeNews

News

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Private Sector

JSW Energy reports net profit of Rs 8.76 billion in the second quarter of 2024-25

October 28, 2024

JSW Energy Limited has reported a net profit of Rs 8.76 billion for quarter ending September 2024, marking a 2.3 per cent increase from Rs 8.56 billion recorded in the same period last year. The […]

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Private Sector

AGEL reports net profit of Rs 5.15 billion in the second quarter of 2024-25

October 28, 2024

Adani Green Energy Limited (AGEL) has reported a net profit of Rs 5.15 billion for the quarter ending September 2024 from Rs 3.71 billion in the same quarter last year representing an increase of approximately […]

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Projects & Ventures

Insolation Green Energy receives purchase order to supply solar PV modules for NTPC Khavada

October 28, 2024

Insolation Green Energy Private Limited has received a purchase order for the supply of solar photovoltaic (PV) modules for the NTPC Khavada site in Gujarat. The order, valued at Rs 2.08 billion, includes 150 MW […]

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State Sector

Rajasthan government to launch RIPS to boost renewable energy investments

October 28, 2024

Reportedly, the Rajasthan government has released Rajasthan Investment Promotion Scheme (RIPS) to boost renewable energy investments and leverage its potential with 24.22 GW of solar energy and 5.19 GW of wind energy. The scheme provides […]

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International News

Vietnam proposes amendments to electricity law

October 28, 2024

Vietnam’s Ministry of Industry and Trade has prepared the draft law on electricity to create a conducive legal framework for ensuring the development of a synchronous, interconnected, modern and efficient power market, and national energy […]

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International News

EDC allocates USD434 Million for Southern Negros Geothermal Expansion

October 28, 2024

Energy Development Corporation (EDC) has earmarked USD434 million for the expansion of the Southern Negros Geothermal Project (SNGP) in the Philippines. The budget will fund new well drilling, pad expansion, road and pipeline networks, and […]

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International News

Philippines’ DOE approves 19 key projects for grid assessment through NGCP

October 28, 2024

The Department of Energy (DOE) of the Philippines has approved 19 energy projects for grid assessment through the national grid corporation of the Philippines (NGCP). These projects will undergo a system impact study to evaluate […]

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Central Sector

NLCIL signs a JVA with RRVUNL to set up a 3×125 MW thermal power station

October 25, 2024

NLC India Limited (NLCIL) has signed a joint venture agreement (JVA) with Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL) to set up a 3×125 MW lignite-based thermal power station in Rajasthan and develop mines to […]

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State Sector

Rajasthan government signs MoU with UAE for Rs 3 trillion investment in renewable energy

October 25, 2024

The Rajasthan government signed a memorandum of understanding (MoU) with the United Arab Emirates (UAE) for an investment of Rs 3 trillion in renewable energy. The investment aims to set up projects with a total […]

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Central Sector

MNRE receives approval for revised solar power scheme under PM JANMAN and PM JUGA

October 25, 2024

The Ministry of New and Renewable Energy (MNRE) has received approval from the President for a revised solar power scheme under PM JANMAN and Pradhan Mantri Janjatiya Unnat Gram Abhiyan (PM JUGA). The scheme aims […]

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Projects & Ventures

Sun Drops Energia secures LoI to develop 9 MW solar power projects under CPP segment

October 25, 2024

Sun Drops Energia Private Limited, a wholly owned subsidiary of KPI Green Energy Limited, has received a letter of intent (LoI) to develop solar power projects with a total capacity of 9 MW under the […]

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Central Sector

UPEIDA and GEAPP collaborate on solar park project on Bundelkhand Expressway

October 25, 2024

Global Energy Alliance for People and Planet (GEAPP) will collaborate with the Uttar Pradesh Expressways Industrial Development Authority (UPEIDA) to develop a 450-500 MW solar park on the Bundelkhand Expressway. This pilot project in India, […]

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Private Sector

AESL reports net profit of Rs 7.73 billion in the second quarter of 2024-25

October 25, 2024

Adani Energy Solutions Limited (AESL) has reported a net profit of Rs 7.73 billion for the quarter ending September 2024, registering a 172.18 per cent increase from Rs 2.84 billion recorded in the same quarter […]

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International News

Copenhagen Energy to accelerate 4 GW offshore wind projects in the Philippines

October 25, 2024

Copenhagen Energy and PetroGreen Energy Corporation have secured the Green Lane Certificate from the Philippine Board of Investments for their joint floating offshore wind projects. This certification is aimed at expediting the permit process, allowing […]

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Central Sector

Powergrid secures bids for two ISTS projects on BOOT basis

October 24, 2024

Power Grid Corporation of India Limited (Powergrid) has been declared the successful bidder under a tariff-based competitive bidding process for two inter-state transmission system (ISTS) projects for the transmission system for evacuation of power from […]

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State Sector

 ADB approves a loan of USD 241.3 million to enhance West Bengal’s power distribution system

October 24, 2024

The Asian Development Bank (ADB) has approved a loan of USD 241.3 million to improve power distribution in West Bengal, India. The program will undertake the replacement of low-tension overhead lines with aerial bundled cables […]

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Private Sector

JSW Renew Energy Eleven signs a PPA with SECI for 700 MW solar project

October 24, 2024

JSW Renew Energy Eleven Limited, a step-down subsidiary of JSW Energy Limited, has signed a power purchase agreement (PPA) with Solar Energy Corporation of India Limited (SECI) for 700 MW of solar capacity. This capacity, […]

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Private Sector

Hindustan Zinc to procure 530 MW renewable energy from Serentica 

October 24, 2024

Hindustan Zinc will procure 530 MW of round-the-clock (RTC) power from Serentica Renewables’ projects under a group captive arrangement. Hindustan Zinc will invest Rs 3.27 billion in Serentica and its affiliates, to acquire a 26 […]

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International News

Hithium to build 5 GWh BESS production facility in Saudi Arabia

October 24, 2024

Hithium Energy Storage Technology Co. and MANAT has announced the formation of their joint venture. This collaboration aims to combine Hithium’s expertise in energy storage with MANAT’s local insights to better serve the Saudi Arabian […]

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Central Sector

Ministry of Coal opens bids for 10th round and second attempt of the 9th and 8th rounds of commercial coal mine auctions

October 23, 2024

The Ministry of Coal has opened the bids for the 10th round and the second attempt of the 9th and 8th rounds of commercial coal mine auctions. For the 10th round, 43 bids were received […]

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