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HomeNews

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International News

PLN secures loan from Japanese banks for RE projects in Indonesia

March 16, 2023

Perusahaan Listrik Negara (PLN) has secured USD200 million in loans from the Nippon Export and Investment Insurance (NEXI), a company owned by the Government of Japan, to develop renewable energy (RE) projects in Indonesia. The […]

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International News

Afghanistan’s DABS resumes construction work at 220 kV Ghazni–Kandahar transmission line project

March 14, 2023

The state-owned power utility, Da Afghanistan Breshna Sherkat (DABS) of Afghanistan, has resumed construction work at the 220 kV Ghazni–Kandahar Transmission Line Project worth USD2.2 million. It is one of the major projects of DABS that […]

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Private Sector

Viraj Profiles partners with Avaada Energy for 100 MW solar project in Maharashtra

March 14, 2023

Reportedly, Viraj Profiles has partnered with Avaada Energy to set up a 100 MW solar project in Tarapur, Maharashtra. The companies will set up a special purpose vehicle (SPV) to build the 100 MW captive […]

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State Sector

Maharashtra plans to invest Rs 750 billion in renewable energy

March 14, 2023

Reportedly, an investment of Rs 750 billion is expected in the field of green hydrogen, green ammonia, solar and wind energy in the state of Maharashtra, to prioritise achieving net-zero targets. The state also plans […]

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Private Sector

Onix Groups signs MoU with UP government to develop renewable energy projects

March 14, 2023

In the recently concluded Uttar Pradesh Investors Summit 2023, Onix Group has, reportedly, signed a memorandum of understanding (MoU) with the Uttar Pradesh Government to develop 2,000 MW renewable energy projects in the state. This […]

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Central Sector

IREDA granted infrastructure finance company status by RBI

March 14, 2023

The Reserve Bank of India (RBI) has granted Indian Renewable Energy Development Agency (IREDA) the status of an Infrastructure Finance Company (IFC). The company was earlier classified as an Investment and Credit Company (ICC). With […]

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Private Sector

BrightNight partners with ACEN for renewable energy projects in India

March 13, 2023

BrightNight has announced partnership with ACEN Corporation, through ACEN Renewables International Private Limited and ACEN International, Incorporation to accelerate the development, construction, and operation of BrightNight’s 1.2 GW hybrid renewable power portfolio in India. BrightNight […]

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Private Sector

Thermax partners with Fortescue Future Industries to explore green hydrogen projects

March 13, 2023

Thermax Limited has signed a memorandum of understanding (MoU) with Fortescue Future Industries (FFI), an Australia-based green energy and green technology company, to explore green hydrogen projects. Under the MoU, the parties plan to explore […]

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Central Sector

Tender floated to procure 4 GW power from gas based plants during identified crunch period

March 13, 2023

The Ministry of Power has floated a tender to procure 4 GW electricity from gas-based power plants during the identified crunch period from April 10, 2023 to May 16, 2023. A request for supply (RfS) […]

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International News

Construction begins on USD230 million Stung Pursat hydropower I dam in Cambodia

March 13, 2023

Construction has commenced on the Stung Pursat hydropower I dam in Cambodia. This is an 80 MW facility being built at a cost of USD230 million, the funding for which will be provided by South […]

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International News

Kazakhstan partners with ACWA Power to build 1 GW wind and storage project

March 12, 2023

Kazakhstan’s Ministry of Energy and Samruk-Kazyna, the sovereign wealth fund of Kazakhstan, has signed a partnership agreement with Saudi Arabia-based private developer, ACWA Power, to develop a 1 GW wind energy and battery storage project […]

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Private Sector

Vena Energy announces financial closure of 176 MW Gudadur hybrid power project

March 12, 2023

Vena Energy has reached financial closure of the Gudadur hybrid project, a 176 MW solar-wind hybrid renewable energy project in Karnataka. The project consists of 48 MW of solar capacity and 128 MW of wind […]

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Private Sector

IEX commences trade on high price day ahead market

March 12, 2023

Indian Energy Exchange (IEX) has announced the commencement of trade in the high price day ahead market (HP – DAM) segment. The Central Electricity Regulatory Commission (CERC), in its order dated February 16, 2023, had […]

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Private Sector

TPREL signs PPA with Tata Power-DDL for hybrid project

March 12, 2023

Tata Power Renewable Energy Limited (TPREL) has signed a power purchase agreement (PPA) with Tata Power Delhi Distribution Limited (Tata Power-DDL) for 510 MW hybrid project. The plant will have 170 MW solar and 340 […]

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State Sector

Energy sector attracts maximum investments at Andhra Pradesh’s Global Investors Summit

March 12, 2023

A total of 42 memoranda of understanding (MoUs) with investments totalling Rs 9.57 trillion have been committed in the energy sector during the Global Investors Summit (GIS) in Andhra Pradesh. The total investment of Rs […]

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Central Sector

POWERGRID approves raising Rs 9 billion via bonds

March 12, 2023

The Committee of Directors for Bonds at Power Grid Corporation of India Limited (Powergrid) has approved the raising of upto Rs 9 billion via unsecured, non-convertible, non-cumulative, redeemable, taxable Powergrid bonds to be issued on […]

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Central Sector

Central government launches PUShP portal

March 12, 2023

The central government has launched a high price day ahead market (HP-DAM) and surplus power portal (PUShP), an initiative to ensure greater availability of power during the peak demand season. Last year, the Central Electricity […]

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Central Sector

Ministry of Coal auctions 29 coal mines under commercial coal mines auction

March 12, 2023

The Ministry of Coal has successfully auctioned 29 coal mines under the sixth round and second attempt of fifth round of auctions of coal mines for commercial mining. Of the total, 22 coal mines are […]

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International News

GE Grid Solutions bags contract to modernise substations in Nepal

March 10, 2023

GE Renewable Energy’s Grid Solutions business has been awarded a contract from Nepal Electricity Authority (NEA) to automate and modernise 39 substations of various ratings across Nepal. The contract also includes the construction of six […]

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Private Sector

Adani Power amalgamates six of its wholly-owned subsidiaries

March 10, 2023

Adani Power Limited (APL) has amalgamated six of its wholly-owned subsidiaries with itself. The companies amalgamated include Adani Power Maharashtra Limited, Adani Power Rajasthan Limited, Udupi Power Corporation Limited, Raipur Energen Limited, Raigarh Energy Generation […]

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