Power

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