The Central Electricity Regulatory Commission (CERC) has prepared staff paper on power market pricing. The recent surge in electricity demand globally due to increased level of economic activities after lifting of pandemic restrictions, and unprecedented […]
Life Insurance Corporation of India (LIC) has sold over 2 per cent of its holding in Power Grid Corporation of India Limited (Powergrid) over the past five months for Rs 30.79 billion. The shares were […]
For setting up four large scale coal-to-chemical projects through surface coal gasification (SCG) route, Coal India Limited (CIL) has signed three separate memorandums of understanding (MoU), one each with Bharat Heavy Electricals Limited (BHEL), Indian […]
Sterling and Wilson Renewable Energy Limited (SWRE) has won an order from NTPC Renewable Energy Limited (NTPC REL) for its proposed 1,255 MW AC/1,568 MW DC solar photovoltaic (PV) project at Khavda renewable energy power […]
The Ministry of Power (MoP) has issued a corrigendum to the renewable purchase obligation (RPO) and energy storage obligation (ESO) trajectory till 2029-30 order dated July 22, 2022. As per the corrigendum, as the wind […]
NTPC Limited and Siemens Limited have signed a memorandum of understanding (MoU) to demonstrate the feasibility for hydrogen co-firing blended with natural gas in Siemens V94.2 gas turbines installed at NTPC Faridabad gas power plant. […]
Al Babtain Power and Telecommunication Company’s Egyptian subsidiary has signed contracts with Elsewedy Electric T&D and Giza Cable Industries Company worth USD24 million and USD28 million respectively. The scope of work for Elsewedy Electric entails […]
JSW Energy Limited’s arm, JSW Neo Energy Limited, has received a letter of intent from the Himachal Pradesh government for developing the 126 MW Chhatru hydro electric power plant (HEP). The project will be developed […]
Suzlon Group has won new order for the development of 144.9 MW wind power projects for the Aditya Birla Group. Suzlon will install 69 units of wind turbine generators with a hybrid lattice tubular tower […]
The Ministry of Coal has issued allocation/vesting orders for 12 coal mines for which the Coal Mine Development and Production Agreement (CMDPA) were signed on August 17, 2022. Of the 12 coal mines, seven mines […]
The Meeting of Parliamentary Consultative Committee attached to the Ministry of Power was held on the subject “Development of National Electricity Grid in India – Its Significance”. The Government of India has initiated multiple initiatives […]
Adani Green Energy Limited’s arm Adani Renewable Energy Holding Four Limited has incorporated two new subsidiaries. These two subsidiaries are Adani Renewable Energy Forty Four Limited (ARE44L) and Adani Renewable Energy Forty Eight Limited (ARE48L). […]
The bankruptcy court has admitted GVK Power (Goindwal Sahib) Limited for corporate resolution and insolvency proceedings based on a petition filed by Axis Bank. This is the second company of the GVK group, after GVK […]
State-owned Kenya Electricity Transmission Company Limited (KETRACO) is set to build the 81-km-long, 132 kV Narok-Bomet transmission line connecting parts of South Rift and South Nyanza to the Olkaria geothermal fields, which produce reliable and […]
Financing activity has picked up pace in the power sector driven by India’s ambitious plans of achieving 450 GW by 2030. In the past year, the sector has witnessed some significant fundraisings through commercial loans […]
Tata Power Trading Company Limited (TPTCL), a wholly owned subsidiary of Tata Power, and 75F Smart Innovations India Private Limited have signed an agreement to jointly promote building automation and energy-efficiency solutions in the commercial […]
NTPC Limited and Siemens Limited have signed a memorandum of understanding (MoU) to demonstrate the feasibility of hydrogen co-firing blended with natural gas in Siemens V94.2 gas turbines installed at NTPC Faridabad gas power plant. […]
The operational performance of power utilities has improved during the past year, with an increase in economic activities post-Covid. Power demand has increased, which is also reflected in the rising utilisation levels, measured by the […]
Power Grid Corporation of India Limited (Powergrid) has acquired ER NER Transmission Limited (ETL), the project special purpose vehicle (SPV) to establish inter-state transmission system (ISTS) for system strengthening scheme for eastern and north eastern […]
Power Grid Corporation of India Limited (Powergrid) has successfully commissioned the POWERGRID Bhind Guna Transmission Limited. POWERGRID Bhind Guna Transmission Limited, a wholly owned subsidiary of Powergrid, secured through tariff based competitive bidding, with a […]
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