Investment Board Nepal (IBN) has approved the draft project development agreement to be signed with India’s SJVN Limited to develop the 669 MW Lower Arun hydropower project in Nepal. The draft is due for approval […]
NHPC Limited has recorded a net profit of Rs 42.35 billion during the financial year 2022-23, registering an increase of 12.22 per cent over the net profit of Rs 37.74 billion recorded in the previous […]
PTC India Limited has recorded a net profit of Rs 5.07 billion during the financial year 2022-23, registering a decline of 8.15 per cent over the net profit of Rs 5.52 billion recorded in the […]
Power Finance Corporation Limited (PFC) has recorded a net profit of Rs 211.79 billion during the financial year 2022-23, registering an increase of 12.8 per cent over the net profit of Rs 187.68 billion recorded […]
Bharat Heavy Electricals Limited (BHEL) has recorded a net profit of Rs 4.77 billion during the financial year 2022-23, registering an increase of 7.19 per cent over the net profit of Rs 4.45 billion recorded […]
Reportedly, NTPC Limited has started work on a hydrogen hub at Pudimadaka in Andhra Pradesh as part of its foray into hydrogen. The hub will involve the development of manufacturing facilities for green hydrogen and […]
The Ministry of Coal has extended the bids submission date for seventh round of commercial coal mine auction to June 27, 2023. Earlier the last date for bid submission was May 30, 2023. Notably, the […]
The central government has reduced the subsidy provided under FAME-II (Faster Adoption of Manufacturing of Electric Vehicles in India) scheme applicable on electric two-wheelers registered on or after June 1, 2023. The Ministry of Heavy […]
NLC India Limited has recorded a net profit of Rs 14.26 billion during the financial year 2022-23, registering an increase of 27.78 per cent over the net profit of Rs 11.16 billion recorded in the […]
SJVN Limited has recorded a net profit of Rs 13.59 billion during the financial year 2022-23, registering an increase of 37.27 per cent over the net profit of Rs 9.9 billion recorded in the previous […]
NTPC Limited has recorded a net profit of Rs 171.21 billion during the financial year 2022-23, registering an increase of 0.95 per cent over the net profit of Rs 169.60 billion recorded in the previous […]
NTPC Green Energy Limited (NGEL) and HPCL Mittal Energy Limited (HMEL) have signed a memorandum of understanding (MoU) to collaborate in the field of renewable energy through sourcing of 250 MW renewable energy round-the-clock (RTC) […]
Energy Efficiency Services Limited (EESL) is set to launch its National Programme on Clean Cooking. Ahead of the launch, EESL hosted a workshop with leading manufacturers and solution providers in the clean cooking space in […]
Power Grid Corporation of India Limited (Powergrid) has recorded a net profit of Rs 154.17 billion during the financial year 2022-23, registering a decline of 8.36 per cent over the net profit of Rs 168.24 […]
PFC Consulting Limited (PFCCL) has issued tender for procurement of aggregate power for group of states for undertaking tariff based competitive bidding for medium term procurement of power. It has invited bids for the procurement […]
REC Limited, reportedly, is planning to increase its loan book by two-fold to Rs 10 trillion by 2030, including Rs 2.4 trillion for renewable energy projects. REC’s loan book is Rs 4.35 trillion as of […]
India’s daily peak power demand has reached 221 GW, recording the highest daily peak ever in the history of the country on May 17, 2023. The country’s power consumption was expected to reach 220 GW […]
REC Limited has recorded a net profit of Rs 111.67 billion during the financial year 2022-23, registering an increase of 11.27 per cent over the net profit of Rs 100.36 billion recorded in the previous […]
NHPC Limited has secured a letter of intent (LoI) for a 200 MW solar power project within 600 MW Gujarat State Electricity Corporation Limited’s solar park at Khavda (GSECL Stage-I) in Kutch district of Gujarat. […]
The Ministry of Coal has invited proposals from academic institutions and research organisations for research and development (R&D) in coal sector. The thrust areas for R&D include advanced technology/methodology for improvement of production and productivity […]
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