India’s power sector is witnessing a significant transformation, driven by the rapid integration of variable renewable energy into the grid. This transition has disrupted traditional load patterns, creating an urgent need for greater flexibility in […]
India possesses an impressive offshore wind energy potential of over 70 GW in Gujarat and Tamil Nadu alone, presenting a significant opportunity to accelerate the nation’s clean energy transition. With an ambitious target of installing […]
India’s renewable energy transition continues to gain momentum, having reached a key milestone in June 2025 when more than 50 per cent of the country’s installed power generation capacity came from non-fossil fuel sources. As […]
India’s renewable energy sector is evolving beyond the well-established solar and wind segments, with increasing momentum across emerging clean technologies such as hybrids, energy storage systems such as battery energy storage systems (BESSs) and pumped […]
The Ministry of Coal has commenced the 10th round of commercial coal mine auctions, auctioning five mines on the first day with combined geological reserves of 2,630.77 million tonnes and a peak rated capacity of […]
PFC Consulting Limited (PFCCL) has incorporated Mahan Energen Limited (MEL) Power Transmission Limited, a special purpose vehicle (SPV) for development of the Transmission System for evacuation of power from MEL generating station in Madhya Pradesh. […]
NTPC Green Energy Limited (NGEL), a wholly owned subsidiary of NTPC Limited, and the New and Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) have signed a joint venture (JV) agreement to develop renewable energy […]
REC Power Distribution Company Limited (RECPDCL) has incorporated two special purpose vehicles (SPVs), Kurnool-IV Transmission Limited and Mahan Transmission Limited, for the development of transmission projects in Andhra Pradesh and Madhya Pradesh. Kurnool-IV Transmission Limited […]
Tata Power Limited has signed a memorandum of understanding (MoU) with the Asian Development Bank (ADB) to evaluate financing for clean energy and power infrastructure projects worth USD4.25 billion. The agreement focuses on funding key […]
The Ministry of Power has launched Convergence Energy Services Limited’s (CESL) ‘Electric Vehicle (EV) as a Service’ programme to promote the adoption of EVs in government offices. The initiative aims to deploy 5,000 electric cars […]
Fourth Partner Energy Private Limited (FPEL) has signed a power purchase agreement (PPA) with Hyundai Motor India Limited for a period of 25 years for setting up a cumulative 117.9 MW solar and wind power […]
Under the supervision of the Ministry of Energy, Saudi Electricity Company (SEC) has signed a memorandum of understanding (MoU) with several major companies operating in the energy sector, including the Electricity Grid Operating Company in […]
Torrent Power Limited has recorded a net profit of Rs 4.96 billion for the quarter ended September 2024, marking an 8.66 per cent decline compared to Rs 5.43 billion reported in the same quarter of […]
REC Limited has recorded a net profit of Rs 40.37 billion for the quarter ended September 2024, marking a 6.5 per cent increase compared to Rs 37.90 billion reported in the same quarter of the […]
The Ministry of New and Renewable Energy (MNRE) has set specific terms for real estate developers and promoters to avail Central Financial Assistance (CFA) under the PM Surya Ghar: Muft Bijli Yojana (PMSGY). According to […]
The solar power space is growing at a rapid pace, witnessing the highest capacity additions amongst all renewable energy as well as conventional sources. Already, 5 GW of total solar power capacity has been installed […]
India has set a target to increase the share of gas in energy consumption from the current 7 per cent to 15 per cent by 2030. Compressed biogas (CBG), as a domestic renewable energy resource, […]
By Suraj Nangia, Managing Partner, Nangia-Andersen LLP; Arindam Ghosh, Partner – Government and Public Sector Power Advisory, Nangia-Andersen LLP; and Siddartha Ramakanth Keshavadasu, Associate Director, Nangia and Company LLP In 2023, Germany achieved a significant […]
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