Power

N-power key to India achieving net-zero emission level: IIM report

05 Apr 2024

Decarbonisation of India’s economy to net-zero level by the year 2070 would require substantial addition of nuclear power and renewable energy generation capacity.

REC, BHEL team up for renewable energy projects

25 Mar 2024

REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, and Bharat Heavy Electrical Limited (BHEL) have agreed to jointly develop utility scale renewable energy projects across the country.

Centre amends Electricity Rules to empower consumer

26 Feb 2024

The centre has brought about changes in the rules regarding distribution and consumption of electricity by amendments to the Electricity (Rights of Consumers) Rules, 2020, in a bid to empower consumers.

NTPC Renewable Energy, SJVN add 120 MW to India’s renewable power capacity

26 Feb 2024

Central public sector undertakings NTPC Renewable Energy Ltd and SJVN Limited on Friday announced the commissioning of two renewable power projects with a total generating capacity of 120 MW

SJVN’s 1,500 MW solar-wind hybrid project gets tariff bid as low as Rs3.43/kWh

22 Feb 2024

State-owned SJVN Ltd’s 1,500 MW solar-wind hybrid power project received bids as low as Rs3.43 per kWh as the reverse auction concluded on Tuesday.

NTPC Green Energy to set up green hydrogen hub near Vizag

22 Feb 2024

NTPC Green Energy Ltd (NGEL) on Tuesday signed a land lease agreement with Andhra Pradesh Industrial Infrastructure Corporation (APIIC) for setting up an intergrated facility for the production of green hydrogen.

Govt weighs use of green hydrogen for peak power generation

10 Feb 2024

The union ministry of new and renewable energy has proposed the use of green hydrogen for power generation in order to ensure round-the-clock availability of green power

PM Modi calls on the world to invest in India’s energy sector

07 Feb 2024

Prime Minister Narendra Modi has called upon global investors to actively participate in India’s march towards a sustainable and prosperous future by increasingly investing in its renewable and new energy sector.

Cabinet panel allows coal PSUs to set up 2 new thermal power projects

19 Jan 2024

The Cabinet Committee on Economic Affairs (CCEA) has approved a proposal for equity investment by South Eastern Coalfields Limited (SECL) in a 1×660 MW thermal power plant

Avaada to invest Rs40,000 cr across 6 GW wind-solar projects in Gujarat

19 Jan 2024

Green energy producer Avaada Group has committed investments of an aggregate Rs40,000 crore in Gujarat to set up hybrid wind-solar projects with a total installed capacity of 6,000 MW (6 GW).

REC raises 61.1 billion yen via medium term notes issue

17 Jan 2024

REC Limited has successfully issued its inaugural 61.1 billion Japanese Yen ($41.56 million) 5-year, 5.25-year and 10-year Green bonds, as part of its $10 billion global medium term notes programme.

NTPC Green Energy signs MoUs with GSPC, GPPL for green hydrogen initiatives

13 Jan 2024

NTPC Green Energy Ltd (NGEL) has signed memoranda of understanding (MoUs) with Gujarat State Petroleum Corporation Ltd (GSPC) and Gujarat Pipavav Port Ltd (GPPL)

NTPC-SAIL power invites bids for 15 MW floating solar PV project in Chhattisgarh

10 Jan 2024

NTPC Limited has invited bids for the development of a 15 MW floating solar photo-voltaic project to be installed over the Maroda Reservoir-1 in Bhilai, Chhattisgarh.

Tata Power to invest Rs70,000 cr in wind and solar units in Tamil Nadu

09 Jan 2024

Tata Power on Sunday announced plans to set up solar and wind power units of a combined 10 Gigawatt generation capacity in Tamil Nadu, at an estimated cost of Rs70,000 crore. The investment is likely to be made over the next 5-7 years, Praveer Sinha, chief executive officer of Tata Power said.

REC, Bank of Baroda join hands to finance power, infrastructure and logistics projects

05 Jan 2024

REC Limited has signed a memorandum of understanding (MoU) with Bank of Baroda to facilitate joint lending to finance power, infrastructure and logistics projects in the country over the next three years.

Kakrapar Atomic Power Project Unit-4 achieves criticality

19 Dec 2023

The 700 MW fourth unit of Kakrapar Atomic Power Project (KAPP) achieved criticality (start of controlled fission chain reaction) on 17 December 2023, marking the completion of the project.

India’s installed power capacity to reach 900.42 GW by FY32

16 Dec 2023

The Central Electricity Authority (CEA) has projected addition of a total 517,403 Mega Watts (517.40 GW) installed power generating capacity in India, which will take the country’s installed capacity to a total 900.42 GW by 2031-2032.

KPIT unveils India’s first sodium-ion battery technology

15 Dec 2023

KPIT Technologies has unveiled India’s first sodium-ion battery technology, which is a cheaper alternative to lithium-ion (Li-Ion) battery used in electric vehicles and for energy storage.

Non-fossil fuel sources account for nearly 44% of India’s installed electricity generation capacity

09 Dec 2023

The total installed capacity for generation of electricity using non-fossil fuel energy resources in India stood at 186.46 Giga Watts as of 31 October 2023

Gautam Adani: Over 90% of Adani Group cement is made from fly ash and slag recycling

07 Dec 2023

Gautam Adani, the Chairman of Adani Group, has emphasized the substantial progress made by the conglomerate’s cement arm in its journey towards sustainability.

Hindustan Unilever joins forces with Brookfield for 45 MW solar energy park

04 Dec 2023

Hindustan Unilever Ltd. announced that it is planning to set up a 45 MW solar energy park in Rajasthan in partnership with a global leader in alternative asset management, Brookfield.

Adani Group nears Rs 11 lakh crore market cap amid ongoing investigation in the Adani-Hindenburg case

28 Nov 2023

In a remarkable market recovery witnessed on Tuesday, 28 November 2023, shares of various Adani Group entities, propelled the market capitalization of the Gautam Adani-led conglomerate close to the Rs 11 lakh crore mark.

IREDA looks to raise Rs2,150 through IPO priced at Rs30-32 a share

15 Nov 2023

State-run Indian Renewable Energy Development Agency’s (IREDA) Rs2,150-crore initial public offer (IPO) will open for subscription on Tuesday.

Adani Green Energy initiates negotiations with international financial institutions for a $1.8 billion loan

03 Nov 2023

Adani Green Energy, the renowned renewable energy company owned by industrialist Gautam Adani, is reportedly in advanced discussions with a consortium of international lenders to secure a potential loan of up to $1.8 billion.

Renewable energy can play central roIe in global economic integration: Piyush Goyal

15 Sep 2023

India possesses engineering expertise and potential to participate actively in renewable energy projects worldwide