Bharat Heavy Electricals Limited (BHEL) and Electricité de France (EDF) have formalised their collaboration through a memorandum of cooperation (MoC) to enhance the local content of the Jaitapur nuclear power plant (JNPP) project. The project […]
India is planning to establish 13 hydroelectric projects (HEPs) in Arunachal Pradesh. The ambitious initiative aims to contribute 13,000 MW to the national grid, requiring a substantial investment of Rs 1,400 billion. The implementation of […]
Energy Efficiency Services Limited (EESL) and the Global Green Growth Institute (GGGI) have announced the launch of the Asia Low Carbon Buildings Transition (ALCBT) project in India. This strategic venture aims to address the rising […]
Coal India Limited (CIL) has devised a strategic plan to phase out imports of heavy earth-moving machinery (HEMM) and underground mining equipment over the next six years. This approach aims to encourage and develop domestically […]
The Ministry of Power has granted authorisation to Powergrid Bhadla Transmission Limited, a special-purpose vehicle, for the establishment of overhead transmission lines on a revised route to facilitate the evacuation of 8.1 GW of power […]
Power Grid Corporation of India Limited’s (Powergrid) board has approved a proposal to invest about Rs 3.67 billion in two electricity transmission projects. The first project which got the approval is for augmentation of transformation […]
Indian Renewable Energy Development Agency Limited (IREDA) has raised a total of Rs 6.43 billion from anchor investors ahead of the launch of its initial public offering (IPO). The company allotted 201,019,726 equity shares at […]
PFC Consulting Limited (PFCCL) has incorporated a new special purpose vehicle (SPV) for development of independent transmission projects. This SPV is Ramakanali B Panagarh Transmission Limited for development of the intra-state transmission system consisting of […]
The Union Ministry for Power and New & Renewable Energy conducted interaction with key stakeholders in the power sector to assess the progress of thermal power capacity addition and address any challenges faced by the […]
SJVN Green Energy Limited (SGEL) has signed a power purchase agreement (PPA) with Solar Energy Corporation of India Limited (SECI) for 200 MW grid-connected wind power project. SGEL had won the engineering, procurement, and construction […]
Coal India Limited (CIL) has recorded a net profit of Rs 68.14 billion during quarter ended September 2023, recording an increase of 12.74 per cent as compared to the net profit of Rs 60.44 billion […]
Reportedly, Power Grid Corporation of India Limited (Powergrid) has estimated a capital expenditure of Rs 1,880 billion by 2032. The company is looking to spend Rs 1,160 billion on inter-state transmission projects, Rs 370 billion […]
The first unit of SJVN Limited’s Naitwar Mori hydro electric project (HEP) having capacity of 30 MW has started supplying power to the national electricity grid. Naitwar Mori HEP is located on River Tons with […]
SJVN Limited has recorded a net profit of Rs 4.4 billion during quarter ended September 2023, recording an decrease of 1.12 per cent as compared to the net profit of Rs 4.45 billion recorded in […]
Power Finance Corporation Limited (PFC) has recorded a net profit of Rs 66.28 billion during quarter ended September 2023, recording an increase of 26.75 per cent as compared to the net profit of Rs 52.29 […]
Power Grid Corporation of India Limited (Powergrid) has recorded a net profit of Rs 37.81 billion during quarter ended September 2023, recording an increase of 3.59 per cent as compared to the net profit of […]
The Ministry of Coal has set production targets, aiming to produce 1,404 million tonnes (mt) of coal by 2027 and further increase it to 1,577 mt by 2030, building upon the current annual production level […]
The Ministry of Coal has launched eighth round of auctions for commercial coal mines marking further significant leap in the coal sector and taking a step forward, towards making India Atmanirbhar in coal. A total […]
The Central Electricity Authority (CEA) has approved SJVN Limited’s detailed project reports (DPRs) for two hydroelectric projects (HEPs) worth around Rs 400 billion. The CEA has transferred concurrences of these DPRs and also extended the […]
The Ministry of Coal has planned to develop pump storage projects (PSP) in de-coaled coal mines, leveraging the economic advantages of vast land bank and economic viability. The aim of the plan is to diversify […]
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