The Ministry of New and Renewable Energy (MNRE) has set specific terms for real estate developers and promoters to avail Central Financial Assistance (CFA) under the PM Surya Ghar: Muft Bijli Yojana (PMSGY). According to […]
Voltalia and TAQA Arabia, have signed a memorandum of understanding with Egypt’s Ministry of Electricity to repower the Zafarana wind farms. This partnership aims to revitalise the 545 MW wind farm which was originally commissioned […]
Reportedly, Satvik Green Energy has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise Rs 11.50 billion through an initial public offering (IPO). The IPO includes […]
Sterlite Power has completed the Goa-Tamnar Transmission Project, through its special purpose vehicle, Goa-Tamnar Transmission Project Limited (GTTPL). This project is Goa’s first-ever 400 kV gas-insulated substation (GIS) at Dharbandora. The substation, along with other […]
AMPIN Energy Transition has partnered with Copenhagen Infrastructure Partners (CIP) to develop approximately 2 GWp of renewable energy projects across the country. This collaboration involves joint equity investments of over USD 300 million will help […]
Adani Energy Solutions Limited (AESL) has acquired the special purpose vehicle, Pune-III Transmission Limited from PFC Consulting Limited, a wholly-owned subsidiary of Power Finance Corporation Limited through a competitive bidding process. Pune-III Transmission was established […]
Tata Power Company Limited has partnered with Druk Green Power Corporation Limited (DGPC) to develop 5,000 MW of clean energy projects in Bhutan. The partnership will focus on developing 2,000 MW of hydropower, 2,500 MW […]
The Ministry of Environment, Forests, and Climate Change (MoEFCC) has streamlined compliance for renewable energy projects by exempting solar module manufacturing units, solar and wind power projects, and mini hydel projects under 25 MW from […]
Power Grid Corporation of India Limited (Powergrid) has acquired Khavda V-A Power Transmission Limited, a special purpose vehicle, to implement the “Transmission System for Evacuation of Power from Potential Renewable Energy Zones in Khavda Area […]
The Central Electricity Authority (CEA) has released revised draft Guidelines for the Periodicity of Type Tests for Major Equipment used in Electrical Power System . These guidelines aim to harmonise the validity period of type […]
India, Nepal, and Bangladesh have jointly inaugurated the first trilateral power transaction, allowing electricity to flow from Nepal to Bangladesh through the Indian grid. Announced in 2023, the trilateral power deal will involve exporting up […]
The Central Electricity Authority (CEA) has approved the uniform protection protocol for users of the Indian Grid, developed by the National Power Committee in consultation with Regional Power Committees. The protocol aims to ensure grid […]
Reportedly, Damodar Valley Corporation (DVC) has signed power purchase agreements (PPAs) with Gujarat Urja Vikas Nigam Limited (GUVNL) to supply 559 MW of power—359 MW from the 800 MW Durgapur Thermal Power Expansion Project in […]
PFC Consulting Limited (PFCCL) incorporated Wahipora and Sallar Transmission Limited, a special purpose vehicle (SPV) for transmission projects in Jammu & Kashmir. The projects are for the construction of grid sub-station at Wahipora and Sallar […]
ONGC Green Limited and NTPC Green Energy Limited (NGEL) have formed a 50:50 joint venture (JV) called ONGC NTPC Green Private Limited to develop renewable energy projects in India and abroad. With an authorised share […]
The Electricity Generating Authority of Thailand (EGAT) has announced plans to develop three pumped storage power plants (PSPPs), utilising existing dams across the country. The plants will be located in Chaiyaphum, Kanchanaburi, and Nakhon […]
Bajel Projects Limited has recorded a net profit of Rs 36.6 million for the quarter ending September 2024, compared to loss of Rs 44.4 million reported in the same quarter last year. The company’s total […]
REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, has transferred the special purpose vehicle (SPV), ERES-XXXIX Power Transmission Limited, to Tata Power Company Limited through a tariff-based competitive bidding […]
The Reserve Bank of India (RBI) has announced plans to issue Rs 200 billion in sovereign green bonds in four equal tranches during the second half of fiscal year 2024-25. These bonds aim to support […]
Oriana Power and Kirloskar Solar Technologies have secured contracts from NTPC Vidyut Vyapar Nigam Limited (NVVN) to develop solar projects with a combined capacity of 66 MW across various locations in India. Kirloskar Solar has […]
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