Hexagon’s Asset Lifecycle Intelligence division has released the Decarbonisation Confidence Index Research report for the Asia-Pacific region. The report covers the constraints and opportunities for organisations to fulfil their ESG/sustainability commitments. The Decarbonisation Confidence Index […]
The Ministry of Power (MoP) has proposed a draft amendment in Electricity Rules, 2005, related to captive generating plant. In the amendment, a proviso is proposed to be added that the consumption by a subsidiary […]
Wärtsilä will supply a gas-fuelled 15.5 MW captive power plant under an engineering, procurement, and construction (EPC) contract along with a five-year operation and maintenance (O&M) agreement in Chennai, Tamil Nadu. The order was placed […]
ABC Cleantech Private Limited has signed a memorandum of understanding (MoU) with the Karnataka government as a part of ‘INVEST Karnataka 2022’ for setting up a green hydrogen production unit. The green hydrogen production unit […]
The JSW Group plans to invest Rs 1 trillion in Karnataka over the next five years. The investment would head into expansion of its steel plant, cement, paints and port infrastructure development space, besides renewable […]
Adani’s group will invest almost Rs 1 trillion over the next seven years in Karnataka, as it seeks to expand its footprint in multiple sectors. Adani Group will be investing more in the renewable energy […]
I Squared Capital, Brookfield and National Investment and Infrastructure Fund (NIIF) are in the early phases of discussions for buying rooftop solar energy producer CleanMax Enviro Energy Solutions. The potential buyers have submitted non-binding bids. […]
Sunsure Energy Private Limited has completed the construction of a 74 MWp open access solar power plant in the Tirunelveli district of Tamil Nadu. With the construction of this project, Sunsure has crossed 250 MW […]
The Department of Energy (DOE) of the Philippines will conduct the second round of its Green Energy Auction Program (GEAP) in June 2023. The agency is currently reviewing results from the first round to prepare […]
The Ministry of Coal will be launching the sixth tranche of auction of coal mines for sale of coal on November 3, 2022. The coal mines including the lignite mines are a mix of Coal […]
Saudi Arabia-based ACWA Power has signed an agreement with PT Perusahaan Listrik Negara (PLN) to develop and co-own 110 MW of floating solar projects in Indonesia. Under the terms of the deal, ACWA will build […]
Coal India Limited’s (CIL) coal production has increased to 351.9 million tonnes (mt) in April-October 2022, recording a year-on-year growth of 17.4 per cent . The company’s coal production stood at 299.6 mt in April-October […]
The Chhattisgarh government has urged the centre to cancel the approval for diversion of forest land for Parsa opencast coal mine in the area. The state forest department has sought to cancel the approval of […]
India’s power consumption has grown marginally by 1.64 per cent to 114.64 billion units (BUs) in October 2022 as compared to the year-ago period, when power consumption was recorded at 112.79 BUs. The power consumption […]
REC Limited has recorded a net profit of Rs 27.32 billion for the quarter ended September 2022, an increase of 1.48 per cent over the net profit of Rs 26.92 billion recorded in the same […]
Trident Limited has successfully completed its new solar power project of 8.87 MWp at Budhni, Madhya Pradesh. It has commissioned both the phases of the project comprising 5.48 MWp solar power plant (Phase I) and […]
Gujarat Urja Vikas Nigam Limited (GUVNL) plans to purchase up to 500 MW of solar power from non-park-based, grid-connected photovoltaic (PV) projects located anywhere in India. It also intends for an additional 500 MW through […]
The timeline for completion of the Rs 70.17 billion deal to acquire thermal power assets of DB Power Limited has been extended by one month till November 30, 2022. In August 2022, Adani Power Limited […]
The power transmission and distribution business of Larsen & Toubro (L&T) has secured multiple engineering, procurement and construction (EPC) orders in the current quarter to build transmission lines and substations in Saudi Arabia. The business […]
NTPC Limited has recorded a net profit of Rs 34.18 billion for the quarter ended September 2022, a decrease of 7.37 per cent over the net profit of Rs 36.91 billion recorded in the same […]
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