Indore Municipal Corporation’s (IMC) non-convertible green municipal bonds have been oversubscribed 5.91 times, generation a total of Rs 7.21 billion. The issue has a face value of Rs 1,000 each. The base issue size was […]
Tamil Nadu has released Tamil Nadu Electric Vehicles Policy 2023. The key features of the policy include reimbursement of state goods and services tax, investment and turnover based subsidy, advanced chemistry cell subsidy, electrification of […]
Indore Municipal Corporation (IMC) has raised Rs 6.62 billion on the first day for a public issue green bonds. This was to raise capital for the establishment of a solar power plant worth Rs 2.44 […]
Andhra Pradesh State Investment Promotion Board (SIPB) has, reportedly, cleared NTPC Limited’s proposal to set up a new energy park at Pudimadaka in Anakapalli, Andhra Pradesh to produce products out of green hydrogen, green ammonia […]
Solar Energy Corporation of India (SECI) has inked power sale agreement with Grid Corporation of Odisha (GRIDCO) Limited for procurement of 390 MW wind power under inter state transmission system (ISTS) tranche XII scheme. With […]
The Kerala government has, reportedly, announced a Rs 2 billion scheme to develop green hydrogen hubs in Trivandrum and Kochi. This scheme has been announced for viability gap funding, grant, and equity support to establish […]
Juniper Green Energy, WYN Renewables (EDF Renewables), ACME Pokharan Solar, and Solarcraft Power India have won the Gujarat Urja Vikas Nigam Limited’s (GUVNL) auction to supply power from 300 MW of grid-connected wind projects (Phase-IV) […]
Reportedly, Nepal Electricity Authority (NEA) has requested the Bihar government to supply an extra 90 MW of power as the drop in domestic electricity production has led to a power deficit in the country. This […]
Reportedly, Chandigarh government has inaugurated a 2MWp floating solar power project at Waterworks, Sector 39, Chandigarh, and a 500 kWp floating solar project with fountains at Dhanas Lake. The 2 MWp floating solar power plant […]
Reportedly, the Tripura government has formed a separate entity for electricity transmission in the state to bring down the power sector’s aggregate technical and commercial (AT&C) losses. Tripura State Power Transmission Limited (TPTL) has been […]
Reportedly, Coal India Limited’s arm, Mahanadi Coalfields Limited (MCL) is in the process of diversifying into power generation and will set up a coal-based plant in Odisha entailing an investment of around Rs 120 billion. […]
Andhra Pradesh is planning to procure 7,000 MW from Solar Energy Corporation of India Limited (SECI) at an effective price of Rs 2.49 per unit. The supply of solar power will begin with 3,000 MW […]
NTPC Renewable Energy Limited (NTPC REL) has signed a memorandum of understanding (MoU) with the Government of Tripura for development of floating and ground mounted based renewable energy projects in Tripura. The MoU embarks upon […]
The Arunachal Pradesh government has decided to hand over five terminated hydropower projects with a generation capacity of 2,820 MW to two central public sector undertakings (CPSUs). These five projects would require an investment of […]
The Assam Power Distribution Company Limited (APDCL) has submitted a petition to the Assam Electricity Regulatory Commission seeking approval of aggregate revenue requirement for 2023-24 with average hike of Re 1 per unit on projected […]
In a major relief to residential, commercial, agricultural, and industrial consumers, four state-run discoms have, reportedly, not proposed any hike in power tariffs for 2023-24 in Gujarat. This is the sixth consecutive year that state-run […]
Uttar Pradesh Power Transmission Corporation Limited (UPPTCL) is working on constructing three new substations for Noida which are expected to come up by 2023 and 2024. These include two 132 kV substations in Sector 115 […]
The Asian Development Bank (ADB) and the Government of India have signed a $220 million loan to improve energy security, quality of supply, efficiency, and resilience of power sector in Tripura. The project will support […]
The Delhi government has approved the draft Solar Policy 2022, which targets 6,000 MW of installed solar capacity by 2025. It aims to increase the share of solar energy in Delhi’s annual electricity demand from […]
The Punjab government has sanctioned Rs 605 million to install solar power energy system for rural piped water supply schemes in the state, saving an electricity expenditure of Rs 80-90 million per year. Under this […]
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