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HomeNewsPrivate Sector

Private Sector

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Private Sector

Essel Infraprojects commissions two solar PV projects in Uttar Pradesh and Karnataka

October 6, 2017

Essel Infraprojects Limited has commissioned two solar PV projects totalling 55 MW in Uttar Pradesh and Karnataka. The company has commissioned a 50 MW solar power plant in Jalaun, Uttar Pradesh, and a 5 MW […]

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Private Sector

Azure Power secures 250 MW solar PV project from NTPC

October 6, 2017

Azure Power Global Limited has secured a 250 MW solar PV project by submitting the lowest bid of Rs 3.14 per kWh at an auction conducted by NTPC. The project can be set up anywhere […]

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Private Sector

Fortum signs MoU with NBCC for setting up EV infrastructure across India

October 6, 2017

Fortum Oyj, a Finnish clean energy firm, has signed an MoU with NBCC (India) Limited to set up charging infrastructure for electric vehicles (EVs) across India at all upcoming NBCC projects. The pact will encompass […]

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Private Sector

Bosch Limited planning to introduce low cost electric vehicles in India by 2018

September 6, 2017

Bosch Limited is planning to introduce low-cost electric two-wheelers and three-wheelers in India by 2018. Once the demand increases, the company also plans to foray into other business segments such as local production of lithium-ion […]

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Private Sector

Greenko group mulling to acquire RInfra’s Mumbai distribution business

September 6, 2017

The Greenko group is in talks with Reliance Infrastructure (RInfra) to acquire the latter’s electricity distribution business in Mumbai for Rs 100 billion-Rs 130 billion. RInfra has been making concerted efforts to exit capex-intensive businesses […]

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Private Sector

Private developers in a legal tiff with MPPCL over PPAs and solar project deadlines

September 6, 2017

ReNew Power Ventures Private Limited and Canada-based Sky Power are involved in a legal dispute with Madhya Pradesh Power Management Company Limited (MPPMCL) over solar project deadlines and PPAs. MPPMCL has cancelled PPAs for two […]

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Private Sector

MPERC rejects Lanco Amarkantak Power’s plea to revise tariff

September 6, 2017

The Madhya Pradesh Electricity Regulatory Commission (MPERC) has rejected Lanco Amarkantak Power Limited’s plea to revise tariff for the sale of electricity from the 300 MW unit of its 1,920 MW coal-based power plant in […]

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Private Sector

Two Adani Power subsidiaries secure 9.9 mt coal under SHAKTI

September 6, 2017

Adani Power Maharashtra Limited and Adani Power Rajasthan Limited have jointly secured 9.9 million tonnes of coal linkages for 25 years, that is, one-third of the total coal auctioned by Coal India Limited under SHAKTI. […]

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Private Sector

Spot market prices peak to Rs 9.91 per unit

September 6, 2017

Spot market power prices witnessed a spike to Rs 9.91 per unit on September 12, 2017, marking a three-year high. The average price on the Indian Electricity Exchange peaked to Rs 5 per unit. The […]

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Private Sector

ABB India to upgrade 20 substations in Himachal Pradesh

August 31, 2017

ABB India Limited has secured an order from Himachal Pradesh State Electricity Board Limited to upgrade 20 substations in Himachal Pradesh. ABB will deploy its electronic relays for the protection, control, measurement and supervision of […]

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Private Sector

JSW Energy considers shelving plans to acquire the 500 MW Bina TPP

August 31, 2017

JSW Energy Limited may shelve its plans to acquire the 500 MW Bina TPP from Jaiprakash Power Ventures Limited (JPVL). The planned acquisition has been stalled as the lenders did not approve the deal due […]

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Private Sector

CLP India to be listed on bourses by 2020

August 31, 2017

CLP India Private Limited is planning to list itself on the bourses in the next two to three years. The company is looking for opportunities in the tranmission space and had recently bid for a […]

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Private Sector

Thermax India sets up $25 million manufacturing unit in Indonesia

August 31, 2017

Thermax India Limited has set up a manufacturing unit in Indonesia at an investment of $25 million with the aim to expand its business in the Southeast Asian market. The facility will produce a range […]

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Private Sector

CESC to invest Rs 10 billion in power business in 2017-18

August 31, 2017

CESC Limited is planning to invest Rs 10 billion in the power business in 2017-18. Of this, Rs 6 billion would be dedicated to CESC’s Kolkata distribution network and the rest would be invested in […]

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Private Sector

Private gas-based power producers seek PM intervention against preferential incentives to RGPPL

August 31, 2017

Private gas-based power producers have sought the prime minister’s intervention on the issue of special incentives that are being given to Ratnagiri Gas and Power Private Limited (RGPPL), which operates the 1,957 MW Dabhol gas-based […]

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Private Sector

Gencos seek tariff support from central government to meet new emission control norms

August 31, 2017

Power generation companies have reportedly sought tariff support from the central government to meet new emission control norms for power plants. It is estimated that retrofitting coal-based power plants with new emission control equipment would […]

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Private Sector

Tata Power introduces QR code-based bill payments system in Mumbai

August 31, 2017

Tata Power Company Limited has introduced a QR (quick response) code-based bill payments system in Mumbai, Maharashtra. It is the first utility in the country to take this initiative. To enable the service, the QR […]

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Private Sector

JSW Energy to complete acquisition of Tamnar TPP in Chhattisgarh by June 2018

July 16, 2017

JSW Energy Limited is likely to complete the acquisition of the Tamnar TPP in Chhattisgarh by June 2018. The 1,000 MW coal-based power plant is owned by JSPL. The deal, which is estimated at Rs […]

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Private Sector

BSES Rajdhani and TERI to collaborate on emerging technologies

July 16, 2017

BSES Rajdhani Power Limited and The Energy and Resources Institute have entered into an MoU to collaborate on emerging technologies over the next two years. These include solar rooftop, electric vehicles, energy storage systems, energy […]

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Private Sector

Hindustan Powerprojects to build 15 solar projects aggregating 150MW in Japan

July 16, 2017

Hindustan Powerprojects Private Limited has obtained the rights to build 15 solar power generation projects aggregating 150 MW in Japan. The bids for the projects were invited by the country’s Ministry of Economy, Trade and […]

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