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

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

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

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

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

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

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

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

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

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

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.

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