The Ministry of New and Renewable Energy (MNRE) has issued a tender to lease sea-bed blocks for carrying out survey and subsequent development of offshore wind energy projects off the coast of Tamil Nadu. The […]
India has submitted its long-term low emission development strategy to the United Nations Framework Convention on Climate Change (UNFCCC), during the 27th Conference of Parties (COP27). The focus of the strategy will be on the […]
India’s national grid operator Power System Operation Corporation Limited (POSOCO) has changed its name to Grid Controller of India Limited. The change in name has been made to reflect the critical role of grid operators […]
The green energy open access portal has been launched. Any consumer with a connected load of 100 kW or above can get renewable energy through open access from any renewable energy generating plant set up […]
Indian Renewable Energy Development Agency (IREDA) has recorded a net profit of Rs 1.84 billion for the quarter ended September 2022, an increase of 67.14 per cent over the net profit of Rs 1.10 billion […]
NHPC Limited’s board has approved a proposal to merge the company’s wholly owned subsidiary,Jalpower Corporation Limited (JPCL), with itself. NHPC had acquired JPCL and its 120 MW Rangit Stage-IV hydro power project in March 2021 […]
NHPC Limited has recorded a net profit of Rs 16.86 billion for the quarter ended September 2022, an increase of 21.56 per cent over the net profit of Rs 13.87 billion recorded in the same […]
Power Finance Corporation Limited (PFC) has recorded a net profit of Rs 52.29 billion for the quarter ended September 2022, an increase of 4.1 per cent over the net profit of Rs 50.23 billion recorded […]
The State Bank of India (SBI) has been granted an additional €150 million low-interest loan from Germany’s KfW Development Bank to fund solar projects in India. The loan agreement was signed by the two banks […]
Power Grid Corporation of India Limited (Powergrid) is currently exceuting projects worth around Rs 457 billion, a 66 per cent increase over the Rs 275 billion work-in-hand the company had in same period last year. […]
The Ministry of Coal has clarified that supply of coal to the power sector is regularly being supervised by the ministry in close coordination with the Ministries of Power and Railways. As a result of […]
Coal India Limited’s capital expenditure has grown by 33 per cent to Rs 70.27 billion in April-September 2022 as compared to the year-ago period. The company’s capex in the year-ago period stood at Rs 53 […]
PTC India Limited has received offers to supply up to 3,500 MW of renewable energy against 1,000 MW that the company had requested. Around 14 renewable energy producers have submitted the offer. This is a […]
The central government has suggested that state-run majors take over 29 hydel projects entailing estimated investments of up to Rs 2.7 trillion that are languishing with private developers. The projects have a combined capacity of […]
Coal India Limited has recorded a net profit of Rs 60.44 billion for the quarter ended September 2022, an increase of 106 per cent over the net profit of Rs 29.33 billion recorded in the […]
Power Grid Corporation of India Limited (Powergrid) has recorded a net profit of Rs 36.50 billion during the quarter ended September 2022, an increase of 8.11 per cent over the net profit of Rs 33.76 […]
The central government has launched the coal mine auction of 141 mines. These mines being auctioned are spread across 11 coal/ lignite bearing states including Jharkhand, Chhattisgarh, Odisha, Madhya Pradesh, Maharashtra, West Bengal, Andhra Pradesh, […]
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 […]
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 […]
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 […]
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