Power

BP buys out partner in solar power venture Lightsource BP

BP buys out partner in solar power venture Lightsource BP

25 Oct 2024

British oil giant BP on Thursday announced the completion of the buyout of its partner in the solar power joint venture Lightsource BP

China turns on world’s largest offshore wind turbine with 20 MW capacity

China turns on world’s largest offshore wind turbine with 20 MW capacity

22 Oct 2024

China, one of the largest emitters of pollutant gases, also now operates the world’s largest wind turbine that is capable of generating 20 Mega Watt of clean electricity, which is enough to power 96,000 homes.

India’s green power capacity hits 200 GW, or 46.3% of total capacity

India’s green power capacity hits 200 GW, or 46.3% of total capacity

17 Oct 2024

India has built up renewable energy capacity of more than 200 Giga Watt, which underscores the government’s commitment to clean energy and securing a green future for the country and the world.

NTPC Green Energy forms joint venture with Mahatma Phule Renewable Energy

NTPC Green Energy forms joint venture with Mahatma Phule Renewable Energy

01 Oct 2024

NTPC Green Energy Ltd (NGEL), the wholly-owned subsidiary of state-owned power major NTPC Ltd, has formed a joint venture with Mahatma Phule Renewable Energy and Infrastructure Technology

Tata Power launches 'Ghar Ghar Solar' in UP to back ‘PM Surya Ghar’ initiative

Tata Power launches 'Ghar Ghar Solar' in UP to back ‘PM Surya Ghar’ initiative

10 Jul 2024

Tata Power Solar Systems Limited has launched ‘Ghar Ghar Solar Tata Power ke Sang', an ambitious programme aimed at providing clean and sustainable energy solutions to every home in Uttar Pradesh.

JSW Energy developing India’s largest commercial-scale green hydrogen project

JSW Energy developing India’s largest commercial-scale green hydrogen project

12 Jun 2024

JSW Energy is developing India's largest commercial-scale green hydrogen project, marking a milestone in the company's entry into the energy market.

IREDA sets up subsidiary in GIFT City

IREDA sets up subsidiary in GIFT City

10 May 2024

Indian Renewable Energy Development Agency Ltd (IREDA), the country’s largest lender for renewable energy projects, has incorporated a wholly owned subsidiary in the International Financial Services Centre (IFSC), in GIFT City, Gujarat.

REC gets RBI nod to set up subsidiary in GIFT City

REC gets RBI nod to set up subsidiary in GIFT City

07 May 2024

REC Limited, a Maharatna central public sector enterprise and a leading NBFC providing finance to the power sector, has received a ‘No Objection Certificate’ from the Reserve Bank of India (RBI)

IREDA granted `Navratna’ status

IREDA granted `Navratna’ status

29 Apr 2024

State-owned Indian Renewable Energy Development Agency (IREDA) has been granted 'Navratna' status by the Department of Public Enterprises, the company stated in a stock exchange filing on Friday.

SJVN launches India’s first dual-purpose green hydrogen pilot project

SJVN launches India’s first dual-purpose green hydrogen pilot project

29 Apr 2024

State-owned hydro-electric power company SJVN Ltd on Thursday launched a green hydrogen pilot project for combined generation of heat and power at its 1,500 MW Nathpa Jhakri Hydro Power Station (NJHPS) in Jhakri, Himachal Pradesh.

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

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

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

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

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

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

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

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

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.

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