Power demand across Gujarat soared to a record high on Tuesday, thanks to the increased consumption of electricity in the agriculture sector amid the stalled monsoon. With more and more farmers drawing groundwater using pumps to save their crops, the electricity demand from the agriculture space, too, has reached near its all-time high level. The […]
Category: Power
Power
China approves biggest state-backed renewable project for green hydrogen
The Chinese region of Inner Mongolia has approved a massive power project that will use solar and wind to produce green hydrogen. Inner Mongolia’s Energy Administration has given the go ahead to a cluster of plants in the cities of Ordos and Baotou that will use 1.85 gigawatts of solar and 370 megawatts of wind […]
Rs 90,000 crore discom losses speculations grossly inflated: Power Minister
The government on Wednesday said speculations about discoms posting loss levels of Rs 90,000 crore in FY2021 were “grossly inflated.” The adverse performance of discoms seem to have gone past the inflexion point, showing green shoots of turnaround, an official statement by the union power ministry said. The sector is witnessing tell-tale signs of improvement […]
Sterlite Power files DRHP for Rs 1,250 crore IPO with SEBI
Anil Agarwal-led Sterlite Power Transmission (SPTL) is eyeing to raise money from the primary market. The company has filed a draft red herring prospectus (DRHP) with Securities Exchange Board of India (Sebi). According to the DRHP filed with the capital market regulator, the IPO will consist entirely of fresh equity shares worth Rs 1,250 crore, […]
KSEB plans global tender for conversion of diesel power plants to LNG stations
Kerala State Electricity Board (KSEB) has decided to explore the possibility of converting the almost-defunct diesel power plants —Brahmapuram and Kozhikode— to LNG stations or the like using the existing infrastructure facilities. A full-board meeting of the board on July 29 decided to invite a global tender to carry forward the proposal. Both the plants […]
Tata Power Renewable Energy commissions 100 MW solar project in Gujarat
Tata Power Renewable Energy Ltd has commissioned a 100 MW solar project at Raghanesda Solar Park, Gujarat. The installation will reduce 2,00,000 tonnes of carbon emission every year. Raghanesda Solar Park, located in the Banaskantha district of Gujarat, is one of the biggest solar parks in the country, a statement said. Tata Power Renewable Energy […]
SJVN signs contract for electro mechanical works of 210 MW Luhri-1 hydro project
State-run SJVN Ltd on Thursday said it has entered into a contract agreement for electro mechanical works of 210 MW Luhri Hydro Electric Project Stage-1 with Voith Hydro (P) Ltd. SJVN Ltd Chairman & Managing Director Nand Lal Sharma in a statement said that the electro mechanical works amounting to Rs 420.28 crores, have been […]
India’s renewable energy capacity crosses 100 GW; R K Singh says ‘landmark day’
India’s total installed renewable energy generation capacity crossed 100 GW mark on Thursday and the country is fourth in the world in terms of installed renewable energy capacity. The country has set an ambitious target to have 175 GW or 1,75,000 MW of renewable energy capacity by 2022. “The total installed renewable energy capacity in […]
Birla Carbon targets to be net zero on carbon emission by 2050
Birla Carbon, an Aditya Birla Group company, on Thursday announced its intent to reduce net carbon emissions to zero by 2050 as part of its efforts to drive sustainability. A statement from the company said it is the first entity from the carbon black industry to announce such an intent. Carbon black industry is among […]
L&T sells 99 mw-hydropower project to ReNew Power for Rs 958 cr
Larsen & Toubro has sold its 99 mw run-of-the river hydroelectric power plant in Uttarakhand to ReNew Power for Rs 985 crore, the two companies said in a statement on Wednesday. The stake sale is in line with L&T’s strategy of exiting non-core assets. For ReNew Power, which has so far focused on solar and […]
Tangedco replacing conventional electricity meters with smart meters
The replacement of the old electric meters with digital meters is being carried out in Madurai, and in the first phase domestic users who consume more than 500 units per cycle and commercial consumers will have their meters replaced. Employees of the Tamil Nadu Generation and Distribution Corporation (Tangedco) were found working on Sundays replacing […]
Solar power projects create employment in UP
The huge investments being made by companies in the solar energy sector have opened up great opportunities for permanent employment in Uttar Pradesh. The UP government’s Solar Energy Policy 2017 is not only dispelling darkness from every village of the state, but also creating plethora of opportunities for people to earn their living from it. […]