The board of the state-owned Power Grid Corporation has approved raising up to Rs 6 billion through the issuance of bonds for private placement. According to a BSE filing, “Committee of directors for bonds, in their meeting held on 24th March, 2023, have approved the raising of unsecured, nonconvertible, non-cumulative, redeemable, taxable POWERGRID Bonds-LXXII (72nd)...
Category: Power & New and Renewable Energy
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1 GW of pumped storage projects in Karnataka won by JSW and Greenko
The Power Company of Karnataka (PCKL) has awarded contracts to JSW Neo Energy (JSW Energy) and Greenko KA 01 IREP (Greenko) for the provision of 1 GW of electricity supply of 8 hours per day from pumped hydro storage projects that offer continuous 5-hour discharge. By the bucket-filling process, JSW Neo Energy won 300 MW...
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MNRE to implement Rooftop Solar Programme Phase-II
Target of 4,000 MW RTS capacity addition in residential sector The Ministry of New and Renewable Energy (MNRE) is executing Rooftop Solar Programme Phase-II, for which the guidelines were released in August 2019.Under this Programme, 4,000 MW rooftop solar (RTS) capacity addition is targeted in the residential sector via Central Financial Assistance (CFA). CFA up...
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Punjab floats tender for 217 MW solar projects under PM-KUSUM
The solar power projects are under Component-A of PM KUSUM Scheme The Punjab Energy Development Agency (PEDA) has invited bids from farmers, groups of farmers, panchayats, cooperatives, farmer producer organisations (FPOs) and water use associations in Punjab for the construction of 217 MW solar power plants under Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan...
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India’s solar installations in 2021 surpass a record 10 GW capacity
India’s solar installations witnesses a huge jump of 210% YoY According to Mercom India Research’s recently released Q4 and Annual India Solar Market Update report, India installed a record 10 GW of new solar capacity in 2021, a huge jump of 210% year-over-year (YoY) compared to 3.2 GW installed in 2020.In India, this is the...
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A unit of Parli thermal power plant shut due to coal shortage
The three sets of the station each have a capacity of 250 MW A senior official said on Monday that one of the three power generation units at Parli Thermal Power Plant in Maharashtra’s Beed district has been shut down due to a coal shortage.Maharashtra State Power Generation Company’s (Mahagenco) Parli Thermal Power Plant is...
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Samrath Kochar, Founder & CEO, Trontek: The battery space is constantly evolving
In the last few years, there has been a huge growth in the production of Lithium ion batteries in India. We are now producing close to 0.1 Mn units of batteries per year catering primarily to two and three wheelers, says Samrath Kochar, Founder & CEO, Trontek. The acceptance of EVs seems to be picking...
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Godrej & Boyce bag Rs 468 cr order from NPCIL for PHWR project
Godrej & Boyce Manufacturing Company Ltd (G&B), a flagship company of the Godrej Group, has secured an order worth Rs 468 crore from the Nuclear Power Corporation of India Ltd (NPCIL) to supply steam generators for pressurised heavy water reactors (PHWR) project of 700 MW Godrej & Boyce Manufacturing Company Ltd (G&B), a flagship company...
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It’s destination India for Blueleaf Energy
So, India is one of the most dynamic and scaled-up renewable markets in the world. When we looked at Vibrant, it was the right size for us.
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UP’s largest solar project commissioned in Kanpur
One of the country’s leading module manufacturers and comprehensive engineering, procurement and construction (EPC) solutions and rooftop solar providers, Vikram Solar, has announced the completion of an 85 MW solar plant project for NTPC in the district of Kanpur Nagar.