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HomeNews

News

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Central Sector

Powergrid secures bid for ISTS project on BOOT basis

October 14, 2024

Power Grid Corporation of India Limited (Powergrid) has been declared the successful bidder under tariff based competitive bidding process for the inter-state transmission system (ISTS) for the transmission system for evacuation of power from Rajasthan […]

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Private Sector

Suzlon secures 400 MW wind energy order from Jindal Renewables

October 14, 2024

Suzlon Group has received a 400 MW order from JSP Green Wind 1 Private Limited, an special purpose vehicle of Jindal Renewables Power Private Limited. The project is Jindal group’s debut in the wind energy […]

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International News

Nepal, India, Bangladesh sign tripartite power agreement

October 14, 2024

Nepal is set to export hydroelectricity to Bangladesh via India for the first time. Under this deal, Nepal will export 40 MW of power during the rainy season, specifically from June 15 to November 15 […]

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Reforms and Regulations

CERC issues draft CERC (Regulations for Inter-State Transmission Charges and Losses) (Fourth Amendment) Regulations, 2024

October 11, 2024

The Central Electricity Regulatory Commission (CERC) has notified draft CERC (Sharing of Inter-State Transmission Charges and Losses) (Fourth Amendment) Regulations, 2024. The key changes in the draft include new sub-clauses defining “Tariff Regulations, 2024” and […]

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Reforms and Regulations

CEA notifies draft CEA (Procedure for Transaction of Business) (first Amendment) Regulations, 2024

October 11, 2024

Central Electricity Authority (CEA) has notified draft CEA (Procedure for Transaction of Business) ( first Amendment) Regulations, 2024. The amendment aims to update the existing rules from 2006 regarding how the CEA conducts its business. […]

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Private Sector

RMC Switchgears secures EPC and O&M contracts in Maharashtra

October 11, 2024

RMC Switchgears Limited has secured an engineering, procurement and construction (EPC) and operation and maintanence (O&M) contract worth RS 2.01 billion to develop a solar power project for solarising agricultural feeders in Maharashtra. The project […]

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Private Sector

Hero Future secures 120 MW in SJVN FDRE-2 tender

October 11, 2024

Hero Future Energies Limited (HFE) has secured 120 MW of capacity in the SJVN Limited firm and dispatchable renewable energy (FDRE)-2 tender at a tariff of Rs 4.25 per kWh. This marks the seventh FDRE […]

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International News

Taihan Cable secures KRW840 billion transmission contract in Singapore

October 11, 2024

Taihan Cable & Solution Company has secured a KRW840 billion contract from SP PowerAssets, to supply and install 400 kV power grids across the city-state. The deal value is equal to nearly 30 per cent […]

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Private Sector

IFC provides USD500 million loan to Axis bank for increasing green financing

October 10, 2024

The International Finance Corporation (IFC) has partnered with Axis bank for a USD500 million loan. This loan is aimed at scaling the green finance in India and developing the blue finance market. The funds will […]

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Private Sector

Avaada launches solar manufacturing facility in Nagpur

October 10, 2024

Avaada Group has launched a new manufacturing facility at the Butibori Industrial Park in Nagpur. The facility built with an estimated budget of Rs 136.5 billion, will focus on the entire solar value chain, including […]

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Private Sector

Torrent Power signs SSSA with LMCL and TU17

October 10, 2024

Torrent Power Limited has signed a share subscription and shareholders agreement (SSSA) with Lakshmi Mills Company Limited (LMCL) and its subsidiary, Torrent Urja 17 Private Limited (TU17) to supply 8.5 MWp of solar power to […]

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Private Sector

Saatvik Solar secures 213 MW contract to supply PV modules for L&T’s BESS project

October 10, 2024

Saatvik Solar has secured a contract to supply 213 MW of solar photovoltaic (PV) modules to Larsen & Toubro (L&T) for its 245 MW battery energy storage system (BESS) project in Bihar. The project includes […]

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Private Sector

Premier Enegies International signs MSA with BN Hybrid Power

October 10, 2024

Premier Energies International Private Limited, a wholly owned subsidiary of Premier Energies Limited, has signed a module supply agreement (MSA) with BN Hybrid Power-1 Private Limited, a special purpose vehicle of BrightNight India. Under this […]

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International News

Vietnam’s EVNSPC begins construction on 25 grid projects, completes 18

October 10, 2024

Vietnam Electricity’s Southern Power Corporation (EVNSPC) initiated the construction of 25 power grid projects operating at 110 kV in the first nine months of 2024, out of which it has successfully completed 18. A notable […]

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Reforms and Regulations

MoP issues Guidelines for  Installation and Operation of Battery Swapping and Charging Stations

October 9, 2024

The Ministry of Power (MoP) has issued a Guidelines for  Installation and Operation of Battery Swapping and Charging Stations. These guidelines shall be applicable to swappable battery providers, and owners and operators of battery charging […]

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Reforms and Regulations

CERC issues draft CERC (Deviation Settlement Mechanism and Related Matters) (First Amendment) Regulations, 2024

October 9, 2024

The Central Electricity Regulatory Commission has issued draft CERC (Deviation Settlement Mechanism and Related Matters) (First Amendment) Regulations, 2024. As per the draft, the charges for injection of infirm power shall be zero, provided that […]

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Reforms and Regulations

MoP sets new benchmark for biomass pellet pricing in NCR

October 9, 2024

The Ministry of Power (MoP) has set a price benchmark for biomass pellets at Rs 2.32 per 1000 kcal, effective from September 1, 2023, in an effort to encourage the use of biomass in thermal […]

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Private Sector

Juniper, ACME, Sembcorp win SECI’s 600 MW wind-solar auction

October 9, 2024

Juniper Green Energy, ACME Solar Holdings, and Sembcorp Green Infra have been selected as the winners in Solar Energy Corporation of India Limited’s (SECI) auction to develop 600 MW interstate transmission system- connected wind-solar hybrid […]

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Private Sector

Purvah Green to acquire Bhojraj Renewables

October 9, 2024

Purvah Green Power, a subsidiary of Calcutta Electric Supply Corporation (CESC), has signed a binding term sheet to acquire 100 per cent share of Bhojraj Renewables Energy. The acquisition is aimed at developing a 300 […]

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International News

Micro Electricity and Saigontel to develop a 300 MW solar power park in Vietnam

October 9, 2024

Micro Electricity has partnered with Saigontel to develop a 300 MW solar power park in southern Vietnam and create a green energy trading platform for industrial zones. The companies will invest USD225 million over three […]

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