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Sterlite Power names new CEO for Global Products & Services 

Leadership Transition at Sterlite Power: Reshu Madan appointed Global Products & Services CEO. Sterlite Power, a leading global developer of power transmission, announced the appointment of Reshu Madan as Chief…

Adani Green Energy’s FY24 EBITDA jumped 30 pc to ₹7,222 cr

Revised 2030 RE target: 50 gw. Added 2.8 gw of greenfield capacity strong run-rate EBITDA at ₹10,462 crore Other highlights: 33 percent revenue growth, 92 percent EBITDA margin, and 35 percent increase in operational capacity Adani…

REC secures JPY 60.5 bn green loan from Italian export credit agency SACE

The Italian Export Credit Agency SACE conducted the country’s first loan transaction denominated in yen and its first green loan transaction. Green Loan Facility to support projects that meet rigorous environmental standards, promote renewable energy, and contribute to reducing carbon emissions In a significant step towards sustainable development in India, REC…

Power secretary and Indian ambassador launch India pavilion at 2024 World Energy Congress.

India’s Secretary and Ambassador, Reenat Sandhu, inaugurated the India Pavilion at WEC 2024. The pavilion showcased India’s technological advancements and attracted IREDA and other CPSEs for discussions. Shri Pankaj Agarwal, Secretary, Ministry of…

Wartsila opens an expertise center in Navi Mumbai to remotely support its customers

Wartsila has established an Expertise Center in Navi Mumbai, providing remote support to its Middle East and Asia energy customers, ensuring near-100 per cent reliability. Technology group Wartsila announces the…

ElectriFI invests $4M in Husk Power Systems for rural India clean energy access

EDFI Management Company and Husk Power Systems have secured an additional $4 million in debt financing from ElectriFI, an EU-funded impact investment facility, confirming their collaboration. ElectriFI’s continued support reflects…

Easy solar leads the way to solar energy for every home

Easy Solar is dedicated to helping India achieve its renewable energy targets by making rooftop solar panel installation easier. Easy Solar Solutions Pvt. Ltd. reaffirms its commitment to giving households…

Essar Power renewables division appoints Ankur Kumar as CEO

This appointment and extensive experience drive Essar’s long-term success and India’s move to green energy.  Essar Power Limited, India’s first private-sector independent power producer, proudly announces the appointment of Ankur…

The installation of rooftop solar panels is rapidly gaining momentum

Solar panels are revolutionising residential electricity usage by providing renewable energy sources, reducing electricity bills, and promoting sustainable usage through net metering programs. In the field of renewable energy, solar…

Tata Power Delhi Distribution Limited prepares for summer electricity demand 

Tata Power-DDL Prepares for Summer Peak: Expects Load of 2351 MW, Ensures 2500 MW Arrangements. The peak load of the National Capital is projected to reach 8000 MW in late…

Gensol Engineering show robust growth in solar EPC, solar tracking, and EV leasing  

The company has generated a substantial order book, indicating a potential role in the renewable energy sector. Gensol Engineering Limited, a leading player in the renewable energy sector specialising in…

NTPC Aims to Install 5 GW of Capacity in FY25

With 60 GW of RE capacity and a 130 GW total portfolio, NTPC hopes to increase its non-fossil-based capacity to 45–50 percent of the company’s portfolio by 2032. NTPC Ltd.,…

Coal sector shows highest growth of 11.6 % among eight core industries in February…

The index of coal industry has reached 212.1 points during Feb’24 as compared to 190.1 points during the same period of last year. The coal sector has exhibited highest growth…

SJVN partners with IIT Patna to improve Tunnelling Project Performance

One of the key outcomes of this partnership will be the development of predictive analytics algorithms. SJVN Limited has signed a Memorandum of Understanding (MoU) with the Indian Institute of…

LV switchgear market revenue set to surge past $57.89 bn by 2030

The market projections indicate a robust Compound Annual Growth Rate (CAGR) of 10.40% from 2022 to 2030. The Low Voltage Switchgear Market is poised for substantial growth, with projections indicating…

BHEL bags order for 2×800 MW Singrauli Supercritical Thermal Power plant

The plant will be set up adjacent to the existing 2,000 MW thermal power station at Singrauli in Sonebhadra district of Uttar Pradesh. Bharat Heavy Electricals Limited (BHEL) has bagged…

Coal import declines to 21 percent during April 2023 to January 2024

India mainly imports thermal coal from South Africa and Indonesia. Prices from these nations fell around 54% and 38% respectively from April 2023 to January 2024. There has been a…

Prime Minister to dedicate Stage-I of NTPC’s Lara thermal power station to nation

Located in Raigarh district of Chhattisgarh, coal for this pit-head power station will be supplied from NTPC’s Talaipalli Coal block through Merry-Go-Round (MGR) system. The Prime Minister Narendra Modi will dedicate Stage-I (2×800…

Waaree Energies obtains BIS certification for TopCon modules

The company has obtained the certification for Topcon modules, specifically for glass to back sheet, with a capacity of up to 625Wp. Waaree Energies Limited, India’s largest manufacturer of solar…

Servotech Power wins order for 1500 DC fast EV chargers from HPCL

The order is valued at 102 crores and involves two charger variants of 60 kW and 120 kW. Servotech Power Systems Ltd., a leading manufacturer of EV chargers in India,…

NTPC Green to set up largest green hydrogen production facility

The PSU signed a land lease agreement with Andhra Pradesh Industrial Infrastructure Corporation for setting up India’s largest facility in Atchutapuram Mandal, Visakhapatnam. The NTPC arm NTPC Green Energy signed…

IREDA mulls setting up retail subsidiary

The subsidiary would cater to retail projects encompassing Rooftop Solar, PM-KUSUM, Electric Vehicles, and other Business-to-Consumer (B2C) segments. Chairman and Managing Director (CMD) of Indian Renewable Energy Development Agency Ltd.…

Goa and PFC inks pact for blended finance facility

PFC will utilise innovative blended finance mechanisms to fund key climate projects such as renewable energy, green hydrogen, electric vehicles, waste-to-wealth technology and nature-based solutions, thus contributing to Energy Transition.…

PM Surya Ghar Muft Bijli Yojana to offer up to 300 units of free…

With an impressive investment exceeding Rs. 75,000 crores, the rooftop solar scheme will benefit 1 crore households with free electricity monthly. Prime Minister Narendra Modi recently unveiled the PM Surya…

Centre issues guidelines for pilot projects on green hydrogen use

Guidelines will support pilot projects based on the use of green hydrogen as fuel in buses, trucks and 4-wheelers. The Government of India has come out with guidelines for undertaking…

Hitachi Energy and TransnetBW to make German grid fit for future

The breakthrough solution will improve the power quality in the transmission grid that supplies power to 11 million people and numerous industries. Hitachi Energy has signed a major order with…

Adani Green begins generation from world’s largest RE park

Operationalises the first 551 MW solar capacity at Khavda, starting supply to the national grid. Adani Green Energy Limited (AGEL), India’s largest renewable energy (RE) company and the second largest…

Huge market for manufacturers of electricity sector in the country: RK Singh

“AT&C losses of discoms down from ~27 percent in 2014 to ~15 percent in 2023; will further go down to ~12 percent” Union Power and New and Renewable Energy Minister…

REC Ltd issues Yen denominated Green Bonds aggregating to 61.1 bn Japanese Yen

First Yen Green Bonds issuance by any Indian PSU, being the largest Yen-denominated issuance from the country. REC Limited, a Maharatna Central Public Sector Enterprise under the Ministry of Power,…

‘Suryotsava: Nutan Aarambh’ pilot project launched marking milestone in clean cooking

Funded by EKI Energy Services Ltd, the project, for the distribution of ‘Surya Nutan,’ developed and patented by Indian Oil Corporation Ltd, aims to provide underprivileged and tribal beneficiaries in…

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