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$300 million funds raise: Ola electric

A year and a half after it got SoftBank to invest $250 million, or about  ₹ 1,725 crore, at a billion-dollar valuation, Ola Electric is planning to raise $300 million…

₹ 87 crore: GE T&D to sell global engineering operation division to GE India…

GE T&D India recently said it has agreed to sell its Global Engineering Operations Division (India for Global) to GE India Industrial Private Ltd for a consideration of  ₹ 87.3…

Govt asks CERC to amend Sharing of Inter-State transmission charges under Regulation Act 2020

The government has invoked special powers to direct electricity regulator to make changes in regulations freeing power plants delayed due to justifiable reasons from paying penalties to associated transmission projects.…

New renewable energy plant in Goa to meet power needs

The state government has approached the Union ministry of new and renewable energy (MNRE) to undertake a feasibility study and provide technical assistance to assess potential, availability of technologies and…

460MW Talcher thermal power station faces closure in Odisha

Odisha may well be staring at a huge power crisis from the beginning of 2021 as NTPC’s 460 MW Talcher Thermal Power Station (TTPS) faces closure from January 1 for…

RK Singh demands states to set energy conservation target

States should set targets for energy conservation and reducing their emissions much like international treaties, said Union Power and Renewable Energy minister RK Singh. Union Power and Renewable Energy minister  R K…

₹ 7,000 crore order from HPCL Rajasthan Refinery for L&T

L&T Hydrocarbon Engineering (LTHE) on Monday said it has bagged an over to ₹ 7,000 crore order from HPCL Rajasthan Refinery Ltd (HRRL), a joint venture between Hindustan Petroleum Corporation (HPCL) and…

Delhi to have 7 EV charging stations

Delhi government has identified seven sites in the capital where the first charging stations for electric vehicles will come up. The government plans to create up to 250 charging stations within a…

Highest PLF recorded at Singraudi oldest unit of NTPC

The 200 MW unit was commissioned in 1982 and the robust PLF signifies the exceptional operational and maintenance efficiency at India’s largest power generation company. NTPC Ltd’s very first unit,…

OKAYA to deploy 4244 EV Charging stations across India

Powering ahead, OKAYA has secured Department of Heavy Industries (DHI) funded major contract from Rajasthan Electronics & Instruments Limited (REIL) for supply, installation and commissioning of over 4244 EV charging…

4.8 per cent growth during first half of December in power consumption

India’s power consumption grew 4.8 per cent to 50.36 billion units (BU) in the first half of December this year, showing consistency in economic activities, as per government data. Power consumption was recorded at…

Hitachi ABB Power Grids, Ashok Leyland team up in e-bus pilot at IIT Madras…

Hitachi ABB Power Grids in India has announced the signing of a Memorandum of Understanding with Ashok Leyland and the Indian Institute of Technology Madras (IITM) for an e-mobility pilot.…

EESL signs MoU with DNRE Goa to implement India’s first Convergence Project

Energy Efficiency Services Limited (EESL), a joint venture of PSUs under the Ministry of Power and Department of New & Renewable Energy (DNRE), Goa, have signed a memorandum of understanding…

NTPC develops Geo-polymer aggregate from fly ash

NTPC Ltd, India’s largest power producer and a PSU under Ministry of Power, has successfully developed Geo-polymer coarse aggregate from fly ash. The development will help in replacing natural aggregates…

PFC net profit rises 80% to Rs 2,085 Cr for Q2

Power Finance Corporation (PFC), India’s leading NBFC focused on the power sector and a PSU under Ministry of Power, for the quarter ended 30th September, registered a growth of 80%…

POWERGRID posts PAT of Rs 3,117 Cr for Q2FY21

Power Grid Corporation of India Limited (POWERGRID), a ‘Maharatna’ Company under Ministry of Power, GoI and the ‘Central Transmission Utility (CTU)’ of the country, has posted a PAT of Rs…

HPL reports revenue of Rs 227 Cr in Q2 FY21

HPL Electric and Power Ltd has reported total income of Rs. 227.92 crore during the period ended September 30, 2020 as compared to Rs. 97.31 crore during the period ended…

Crompton unveils its latest Ceiling Light LED panel

Crompton Greaves Consumer Electricals has announced the launch of its latest range of Ceiling Lights called Star Lord – a range with high brightness and stylish ultra slim rims. Bringing…

Rosatom starts production of rare-earth magnets for wind power generation

TVEL Fuel Company of Rosatom has started gradual localization of rare-earth magnets manufacturing for wind power plants generators. The first sets of magnets have been manufactured and shipped to the…

India Energy Storage Week sets roadmap for growth of Indian energy storage sector

The increasing graph of the global energy ecosystem in India is estimated to cement India on the roadmap of becoming the largest market for advanced energy storage technologies within the…

TDK releases ModCap – a modular capacitor concept for DC link applications

TDK Corporation releases ModCap − a modular capacitor concept for DC link applications. The newly developed power capacitors are available for rated voltages of 1100 V to 2300 V and…

NTPC shaping well with its diversification plans: Power Minister

“NTPC is shaping up well for the future with its diversification plans and as a responsible corporate, NTPC is committed towards environment and the fast growing capacity addition in the…

All DISCOMs to comply Energy Conservation Act: Power Ministry

The Power Ministry issued notification S.O. 3445 (E) dated 28th September, 2020 to cover all the Electricity Distribution Companies (DISCOMs) under the preview of the EC Act. As per the…

IIT Kanpur inaugurates Thermal Energy Storage System at CESE building

IIT Kanpur inaugurated a thermal energy storage system of capacity 775 TR HR at the Centre for Environmental Science and Engineering (CESE) building. The institute is leading a joint Indo-US…

Schneider Electric displays its digital offerings for ‘Future Ready’ airports in India

Energy management and automation major Schneider Electric showcased its solutions for ‘Future Ready’ airports for India at a webinar ‘Airports of Tomorrow’ organized by the Chambers of Indian Industry (CII).…

Fortum completes project to cut NOx emissions at Hindalco Mahan coal-fired power plant

Fortum, a Finnish clean energy company, successfully completed its first commercial combustion modification project in India with Hindalco-Mahan Aluminium, part of Aditya Birla Group. The project was aimed at reducing…

ANDRITZ to supply electro-mechanical equipment for hydel plant in Nepal

International technology group ANDRITZ has received an order from KC Group Nepal to supply turbines, generators and auxiliaries for the new Karuwa Seti hydropower plant. The small hydropower plant is…

Siemens Energy, Bentley Systems introduce asset performance management solution for oil & gas operators

Siemens Energy and Bentley Systems, Inc. (Bentley) have announced a joint solution that delivers intelligent analytics derived from domain experience to reduce operating expenditures associated with oil and gas assets.…

RR Kabel acquires LED maker Arraystorm Lighting

RR Kabel, a globally renowned brand offering a comprehensive range of electrical products and solutions, has recently acquired Arraystorm Lighting Pvt Ltd – a Bengaluru-based premium LED company. RR Kabel…

Artha Energy starts expansion work of rooftop solar plant in Aurangabad

Artha Energy Resources (AER), a boutique investment bank and corporate advisory firm, has announced that it has started expansion work on its 165 KW rooftop solar power plant in Aurangabad,…

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