Power Grid Corporation of India Limited (POWERGRID) has received a letter of intent (LoI) under the tariff-based competitive bidding (TBCB) route for the establishment of the inter-state transmission system (ISTS) for the project, “Augmentation at […]
The World Bank has approved an $890 million financing package to support the implementation of India’s PM Surya Ghar: Muft Bijli Yojana, which targets rooftop solar installations across 10 million rural and urban households in […]
India and Australia have signed the administrative arrangement necessary to enable the export of Australian uranium to India. The arrangement has been finalised under the Australia-India Nuclear Cooperation Agreement, which was signed in 2014 and […]
NLC India Limited (NLCIL) and National Aluminium Company Limited (NALCO) have signed a joint venture (JV) agreement to develop a 4 × 270 MW (1,080 MW) coal-based captive thermal power plant at Angul, Odisha. The […]
The Central Electricity Authority (CEA) has issued an advisory on the safe and judicious use of electricity in view of El Niño conditions or otherwise. Citing the India Meteorological Department’s forecast of above-normal temperatures, the […]
NTPC Green Energy Limited has decided to raise Rs 25 billion through the private placement of unsecured non-convertible debentures (NCDs). The debentures will carry a coupon rate of 7.27 per cent per annum, and will […]
NTPC Green Energy Limited (NGEL) has declared the commercial operation of the first part capacity of 50.4 MW of the Vanki Wind Energy Project, located at Nakhatrana in Kutch district, Gujarat. The project is being […]
Power Grid Corporation of India Limited (POWERGRID) has secured a green loan of JPY 80 billion from the Japan Bank for International Cooperation (JBIC). The facility is intended to support financing of the Khavda-Nagpur HVDC […]
Coal India Limited (CIL) and Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited (UPRVUNL) have signed a joint venture (JV) agreement to develop renewable energy projects in Uttar Pradesh. CIL and UPRVUNL will hold 51 per […]
SJVN Limited’s 1,000 MW Bikaner solar power project in Rajasthan has been inaugurated by the Prime Minister. The project has been developed by SJVN Green Energy Limited at an investment of approximately Rs 54.92 billion. […]
NHPC Limited’s 300 MW Karnisar Solar Power Plant at Bikaner, Rajasthan, has been inaugurated by the Prime Minister. The project has been developed using around 775,000 domestically manufactured solar photovoltaic (PV) cells and modules. The […]
NHPC Limited has signed a power purchase agreement (PPA) with the New Delhi Municipal Council (NDMC) for the supply of power from its 800 MW Parbati-II Power Station in Himachal Pradesh. The agreement provides for […]
NTPC Renewable Energy Limited (NTPC REL), a wholly owned subsidiary of NTPC Green Energy Limited (NGEL), has signed a power purchase agreement (PPA) with PTC India Limited for the sale of 1,200 MW of solar […]
NTPC Limited has declared commercial operation of the final 41.6 MW capacity of its 176 MW solar photovoltaic (PV) project at Ramagundam, Telangana. The first two phases, comprising 100 MW and 34.4 MW, had already […]
NHPC Limited has awarded 1,200 MW of grid-connected solar projects at the Jalaun solar park in Uttar Pradesh. Coal India Limited secured 600 MW (300 MW x 2) from Bundelkhand Saur Urja Limited, a joint […]
Inox Clean Energy Limited, the integrated renewable energy platform of the INOXGFL Group, has secured an investment of Rs 7 billion from Adar Poonawalla Family Office, through Rising Sun Holdings Private Limited, at a valuation […]
NTPC Mining Limited (NML) and Central Mine Planning and Design Institute Limited (CMPDIL) have signed a memorandum of understanding (MoU). Under the agreement, CMPDIL will provide consultancy and technical services for NML’s coal and mineral […]
NTPC Limited has incorporated NTPC (Mauritius) Energy Limited as its wholly owned subsidiary in Mauritius. The company has been incorporated with an initial capital of 1 million Mauritian rupees (about Rs 1.98 million). The subsidiary […]
REC Power Development and Consultancy Limited (RECPDCL) has transferred two project-specific special purpose vehicles (SPVs) for inter-state transmission projects to Power Grid Corporation of India Limited (POWERGRID) and H.G. Infra Engineering Limited (HGIEL) under the […]
Power Grid Corporation of India Limited (POWERGRID) has acquired Kakinada I Transmission Limited, the project-specific special purpose vehicle (SPV), from PFC Consulting Limited (PFCCL) under the tariff-based competitive bidding route. The acquisition was completed for […]
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