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HomeNews

News

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Private Sector

ACME Sun Power secures Rs 37.53 billion term loan from REC

November 19, 2024

ACME Sun Power, a wholly owned subsidiary of ACME Solar Holdings has secured a term loan worth Rs 37.53 billion from REC Limited. The funds from the loan will be utilised for the development and […]

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Private Sector

Adani Power reports net profit of Rs 32.98 billion in the second quarter of 2024-25 

November 19, 2024

Adani Power Limited has recorded a net profit of Rs 32.98 billion for the quarter ending September 2024, marking a 50 per cent decline from Rs 65.94 billion reported in the same quarter last year. […]

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International News

CHN Energy activates 1 GW offshore solar plant in China

November 19, 2024

CHN Energy’s 1 GW open sea offshore photovoltaic (PV) project has successfully connected its initial set of PV units to the grid. The project is located in Kenli District, Shandong Province of eastern China, and […]

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Reforms and Regulations

CERC notifies draft (Terms and Conditions for Purchase and Sale of Carbon Credit Certificates) Regulations, 2024

November 18, 2024

The Central Electricity Regulatory Commission (CERC) has notified the draft CERC (Terms and Conditions for Purchase and Sale of Carbon Credit Certificates) Regulations, 2024. The objective of these regulations is to create a framework for […]

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Private Sector

TPREL commissions 126 MW Omkareshwar floating solar project in Madhya Pradesh

November 18, 2024

Tata Power Renewable Energy Limited (TPREL) has commissioned the 126 MW Omkareshwar floating solar project, located in Madhya Pradesh between the Indirasagar and Omkareshwar reservoirs in Khandwa. TPREL has secured this project from Narmada Hydroelectric […]

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Private Sector

IndiGrid partners with BII and Norfund to launch EnerGrid

November 18, 2024

IndiGrid has partnered with British International Investment (BII) and the Norwegian Climate Investment Fund, managed by Norfund, to launch EnerGrid. This platform will focus on bidding for and developing new transmission and standalone battery energy […]

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Projects & Ventures

KPIL secures orders worth Rs 22.73 billion for T&D projects

November 18, 2024

Kalpataru Projects International Limited (KPIL) along with its joint ventures and international subsidiaries have secured new orders worth Rs 22.73 billion. The orders include transmission and distribution (T&D) projects in India and abroad, as well […]

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Projects & Ventures

Sunkind secures 570 MW solar project from MAHAGENCO

November 18, 2024

Sunkind has secured a 570 MW solar energy project from the Maharashtra government, awarded by Maharashtra State Power Generation Company Limited (Mahagenco) under the Mukhyamantri Saur Krushi Vahini Yojana 2.0 Scheme. The project includes a […]

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Private Sector

Equinix signs PPA with CleanMax to develop 33MW captive power plant in Maharashtra

November 18, 2024

Equinix has signed a power purchase agreement (PPA) with CleanMax to develop a 33 MW captive power plant in Maharashtra. The project will include 26.4 MWp of solar power and 6.6 MW of wind power, […]

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Projects & Ventures

Saatvik Green Energy secures supply order of solar power pumps from MSEDCL

November 18, 2024

Saatvik Green Energy Private Limited has secured a supply order to provide solar-powered submersible pumps at 250 key locations across Maharashtra from Maharashtra State Electricity Distribution Company Limited (MSEDCL) to provide solar-powered submersible pumps at […]

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International News

Kyrgyzstan completes construction of CASA-1000 facilities

November 18, 2024

The state-owned national electric grid of Kyrgyzstan (NEGK) has completed the construction of energy infrastructure facilities for the Central Asia-South Asia Electricity Transmission and Trade Project (CASA-1000) in Kyrgyzstan. The facilities completed include 1,243 pylons, […]

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Central Sector

Powergrid acquires Bikaner A Power Transmission on BOOT basis from RECPDCL

November 14, 2024

Power Grid Corporation of India Limited (Powergrid) has acquired Bikaner A Power Transmission Limited (BAPTL), a special purpose vehicle, to establish the “Transmission System for Evacuation of Power from Rajasthan REZ Phase IV (Part-3: 6 […]

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Projects & Ventures

BHEL secures order for 3×800 MW Telangana Stage-II STPP from NTPC

November 14, 2024

Bharat Heavy Electricals Limited (BHEL) has secured the contract for the establishment of the main plant package of 3×800 MW Telangana Stage-II supercritical thermal power plant (STPP) from NTPC Limited. Under this contract, BHEL’s scope […]

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Central Sector

L&T Energy CarbonLite receives a LNTP to set up thermal power plants from NTPC

November 14, 2024

Larsen & Toubro (L&T) Energy CarbonLite solutions has received a limited notice to proceed (LNTP) from NTPC Limited to set up thermal power plants in Madhya Pradesh and Bihar. The order includes the main plant […]

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Projects & Ventures

ACME Cleantech Solutions secures PV supply order worth Rs 714 million from Insolation Green Energy

November 14, 2024

ACME Cleantech Solutions Private Limited has secured an order worth Rs 714 million from Insolation Green Energy Private Limited, a wholly owned subsidiary of Insolation Energy Limited for the supply of solar photovoltaic (PV) modules.

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Central Sector

CIL reports net profit of Rs 62.75 billion in the second quarter of 2024-25

November 14, 2024

Coal India Limited (CIL) has recorded a net profit of Rs 62.75 billion for the quarter ending September 2024, registering a 22.04 per cent decrease from Rs 80.49 billion reported in the same quarter last […]

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International News

Citicore secures 2 GW solar module deal with Trinasolar to advance Philippines’ green energy goals

November 14, 2024

Citicore Renewable Energy Corporation (CREC) has signed a substantial contract with Trinasolar to supply 2 GW of Vertex N 720W solar modules, strengthening CREC’s plans to scale its renewable capacity to 5 GW within five […]

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Central Sector

Powergrid acquires BBPTL on BOOT basis from RECPDCL

November 13, 2024

Power Grid Corporation of India Limited (Powergrid) has acquired Bikaner B Power Transmission Limited (BBPTL), special purpose vehicle to establish “Transmission system for evacuation of power from Rajasthan REZ Ph-IV (Part-3:6 GW) [Bikaner Complex] : […]

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Central Sector

NHPC reports net profit of Rs 10.69 billion in the second quarter of 2024-25

November 13, 2024

NHPC Limited has recorded a net profit of Rs 10.69 billion for the quarter ending September 2024, registering a 36.86 per cent decrease from Rs 16.93 billion reported in the same quarter last year. The […]

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Private Sector

Surana Solar incorporates Surana Technologies as a wholly owned subsidiary

November 13, 2024

Surana Solar Limited has acquired a 100 per cent stake in Surana Technologies Private Limited, making it a wholly owned subsidiary of the company. Surana Technologies has an authorised, subscribed, and paid-up capital of Rs […]

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