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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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) […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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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