Singapore-based renewable energy developer, Equis Development, has rebranded and relaunched its battery energy storage system (BESS) worth AUD1.28 billion in Melbourne, Australia. The firm has acquired 100 per cent stake in the Melton Renewable Energy […]
The state-owned power utility, Nepal Electricity Authority (NEA), has received in- principle approval from the Millennium Challenge Account Nepal (MCA-Nepal)—a special purpose vehicle formed to implement the projects under the Millennium Challenge Corporation (MCC) compact, […]
Enfinity Global, a US based company, has added 205 MW of solar capacity in India. This was achieved through the interconnection of 135 MW projects in Maharashtra, and acquisition of six operational projects from Rays […]
The country’s total coal production stood at 448 million tonnes (mt) as of October 2022, registering a growth of 18 per cent as compared to the coal production during corresponding period of 2021. The growth […]
Actis Llp’s BluPine Energy has completed the acquisition of 404 MW solar power assets from Atha Group. The enterprise value of the deal is Rs 20 billion. The acquisition will enable BluPine to support India’s […]
The Supreme Court has directed all state electricity regulatory commissions (SERCs) to frame regulations under section 181 of the Electricity Act on the terms and conditions for determination of power tariff within a period of […]
The Haryana government has given approval to the proposal to set up a 900 MW power plant at Yamunanagar, Haryana. The project’s site selection and detailed project report (DPR) will also be approved soon. Notably, […]
REC Power Development and Consultancy Limited (RECPDCL) has handed over the project specific special purpose vehicle (SPV), Gadag II-A Transmission Limited, to ReNew Transmission Ventures Private Limited (RTVPL). RTVPL has been selected as the successful […]
Power Finance Corporation (PFC) Consulting Limited has invited bids for supply of 4,500 MW power for five years beginning April 2023 to different utilities in states, including Delhi, Maharasthra, Madhya Pradesh, Gujarat and Tamil Nadu. […]
Under the aegis of NITI Aayog, NTPC Energy Technology Research Alliance (NETRA) and the National Centre of Excellence in Carbon Capture and Utilisation (NCoE-CCU), IIT Bombay has launched the assessment of ‘CO2 Geological Storage Potential’ […]
NTPC Limited has dispatched its first coal rake from NTPC Talaipalli coal mine to NTPC Lara super thermal power project (STPP) in Chhattisgarh. The merry-go-round (MGR) track length from Talaipalli to Lara is 65 km. […]
India has been ranked amongst top five countries in the world, and the best among the G20 countries, based on its climate change performance. India has jumped two spots higher, and is now ranked eighth […]
Siemens Limited has recorded a net profit of Rs 6.52 billion for the quarter ended September 2022, as compared to the net profit of Rs 3.2 billion recorded in the same quarter of previous year, […]
Mumbai Urja Marg Limited (MUML), a critical power transmission project being implemented as a special purpose vehicle by Sterlite Power, is likely to be commissioned by December 2023. Once operational, the project will drastically improve […]
Amazon has signed a power purchase agreement (PPA) with PT Perusahaan Listrik Negara (PT PLN) to procure solar energy to power the company’s operations in Indonesia. The energy will be sourced from four renewable energy […]
The Solar Energy Corporation of India (SECI) has invited bids for selection of solar photovoltaic (PV) module manufacturers for setting up domestic capacities for high efficiency modules under the second phase of the production-linked incentive […]
The Punjab government is planning to install solar power projects with a total capacity of 300 MW in the state. These projects include 200 MW canal-top solar photovoltaic (PV) power projects and 100 MW floating […]
Jindal Steel & Power Limited has emergerd as the preferred bidder in a tender to build a 300 MW coal-fired power plant in Botswana as an independent power producer. It is the only fossil fuel-based […]
SE Ventures has announced a EUR500 million Fund II establishing the firm as one of the largest venture capitals focusing on climate and industrial technology. This move builds upon a 2018 Fund I to bring […]
Italian cable producer Prysmian Group has secured a contract worth EUR60 million for laying submarine cables for the already secured Project Lighting high voltage direct current (HVDC) 320 kV interconnection project in the United Arab […]
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