The central government has launched the high-price DAM (HP-DAM) and surplus power portal (PUShP) to ensure greater availability of power during the peak demand season. HP-DAM has been carved out for generation systems in which […]
The Ministry of Coal has launched the seventh round of commercial coal mine auctions with a total of 106 coal blocks on offer. The sale of tender documents commenced on March 29, 2023. The ministry […]
REC Power Development and Consultancy Limited (RECPDCL) has handed over the project specific special purpose vehicle, formed for construction of transmission project viz., KPS1 Transmission Limited to Megha Engineering & Infrastructures Limited (MEIL). The selection […]
DLF Cyber City Developers has collaborated with Cleantech Solar India to set up a solar plant for self-consumption. The company, with its subsidiary, DLF Info City Chennai, has agreed to acquire a 26.43 per cent […]
The MoP has declared any tax/duty on generation of electricity, which encompasses all types of generation – thermal, hydro, wind, solar, nuclear, etc. as illegal and unconstitutional. It has been stated that any imposition of […]
Avaada Group announced that it has raised $1.07 billion to fund its green hydrogen and green ammonia ventures in India as a part of its ongoing $ 1.3 billion fundraise plan. Brookfield Renewable, through its […]
Credit Fair, India based consumer lending fintech firm has partnered with Tata Power Solar Systems Limited (TPSSL) to provide cheap financing alternatives for solar rooftop installations. Credit Fair will provide collateral-free financing solutions with adjustable […]
The Ministry of Power (MoP) has finalised a revised structure of day-ahead national level merit order despatch mechanism. As per the revised mechanism, the merit order for cheapest generating resources across the country to meet […]
The Central Electricity Regulatory Commission (CERC) has decided to expand the scope of operation of the CERC (Ancillary Services Operations) Regulations, 2015 to facilitate availability of adequate reserves with the system operator. Accordingly, the eligibility […]
IndiGrid announced that International Finance Corporation (IFC) has subscribed to a listed non-convertible debentures (NCD) issuance of IndiGrid aggregating to Rs 11.4 billion. With a total tenure of 18 years, the NCD were priced at […]
ReNew Energy Global Plc announced that its wholly owned subsidiary, Diamond II Limited, has raised $400 million through the issue of senior secured green bonds. The green bonds received strong demand from investors in US, […]
The 11th Annual Integrated Rating and Ranking of Power Distribution Utilities report has been released. Of the 57 state and private discoms covered in the report, 46 saw improved scores, with 39 of them seeing […]
The Central Electricity Authority has prepared draft guidelines for medium and long-term power demand forecast. It aims to serve as a guiding document for power utilities to bring uniformity in their demand forecast approach. As […]
The MoP has issued the draft Electricity (Amendment) Rules, 2023. As per the draft, the accounting of subsidy payable under section 65 of the Act shall be done by the distribution licensee in accordance with […]
The Ministry of Power (MoP) has issued the scheme for pooling of tariff of those plants whose power purchase agreements (PPAs) have expired. In view of the long gestation period required for the construction of […]
Jakson Green has announced that it is building a green hydrogen fueling station in Badarpur, New Delhi for a major Indian power firm. The green hydrogen fueling station entails the construction of a specialised and […]
The Ministry of Power (MoP) has notified the applicability of renewable generation obligation (RGO) to companies constructing coal- or lignite-based thermal generating stations after April 1, 2023. As per the notification, any coal- or lignite-based […]
The MoP has issued draft guidelines to promote the development of pumped storage projects (PSPs) in the country. As per the draft guidelines, the allotment of project sites by state governments to developers may be […]
The MoP has devised a multi-pronged strategy to ensure adequate availability of power during the coming summer months. As part of the strategy, power utilities have been directed to undertake maintenance for coal-based power plants […]
The recommendations of a report from a task force suggesting ways to modernise the transmission sector and make it smart and future-ready have been accepted by the government. With this, the country will soon have […]
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