Category: Power

KEC International on Monday said it has secured new orders worth Rs 1,036 crore in the domestic and international markets. The company’s transmission & distribution (T&D) division has secured orders for setting up overhead transmission lines in the United Arab Emirates (UAE), and supply of towers, hardware and poles in the Americas, KEC International said […]

In a move aimed at revolutionising India’s energy landscape and propelling the nation to global economic supremacy, Prime Minister Narendra Modi unveiled ambitious plans to reduce electricity and transport costs for the public to zero while steering the country towards becoming the world’s third-largest economy. In an interview with News18, PM Modi outlined his multifaceted […]

RattanIndia Power announced that REC, holding 0.001% Redeemable Preference Shares (RPS) of Rs 28.72 crore in the Company, has filed an application against the Company, under Section 7 of IBC Code. The RPS were issued, in favour of REC, on 27 December 2019. The Company strongly disputes the eligibility and entitlement of REC to seek […]

KPI Green Energy has received new orders aggregating to 74.30 MW for executing solar power projects. Within this allocation, KPI Green Energy has undertaken 27 MW capacity, which includes 20 MW capacity for the development of Solar power project forming part of the wind-solar hybrid power project. Additionally, M/s. KPark Sunbeat has undertaken 30 MW […]

State-owned power giant NTPC Group’s installed power generation capacity has crossed the 76 GW-mark with commissioning of a 57-MW solar power energy capacity in Rajasthan. “Consequent upon successful commissioning and due approvals, first part capacity of 57 MW out of 90 MW Anta Solar PV Project at Anta, Rajasthan, is declared on commercial operation with […]

Tata Power Company Ltd is quoting at Rs 445.6, up 1.99% on the day as on 12:49 IST on the NSE. The stock is up 120.87% in last one year as compared to a 24.35% jump in NIFTY and a 67.36% jump in the Nifty Energy index. Tata Power Company Ltd is up for a […]

Jaiprakash Power Ventures was locked in an upper circuit at 5% to Rs 19.04 after the company’s consolidated net profit stood at Rs 588.79 crore in Q4 FY24 as against a net loss of Rs 43.99 crore recorded in Q4 FY23. Revenue from operations increased 9.78% to Rs 1,514.83 crore in March 2024 quarter from […]

Appellate tribunal NCLAT has rejected SBI’s pleas opposing the liquidation value of ITPCL provided by the debt-ridden firm’s lead banker PNB and said the country’s largest lender cannot “wriggle out” the debt restructuring process of the IL&FS group’s thermal power company. The National Company Law Appellate Tribunal (NCLAT) has dismissed all three applications moved by […]

CESC Ltd on Friday said one of its step-down subsidiaries has completed the acquisition of a company that is in the process of implementing a 300-MW solar park in Rajasthan. The acquisition aims at bolstering the renewable energy portfolio of the power utility. In a regulatory filing, CESC said Purvah Green Power has completed the […]

At least $12 trillion is required to create new infrastructure over the next six years for tripling global renewable energy capacity by 2030, COP28 President Sultan Al Jaber said on Friday. Addressing the annual Petersberg Climate Dialogue, Al Jaber said the energy transition will not happen without significant investment and a level-up in climate finance. […]

India expects power generation to grow 9.3% to 1,900 billion kilowatt hours (kWh) during the fiscal year through March 2025, internal projections by the federal power ministry reviewed by Reuters show, the fastest pace of growth since at least 2011/12. Searing heatwaves and an uptick in economic activity have resulted in India’s electricity generation growing […]

Global automakers and EV startups unveiled new models and concept cars at China’s largest auto show on Thursday, with a focus on the nation’s transformation into a major market and production base for digitally connected, new-energy vehicles. Toyota and Nissan both announced tie-ups with major Chinese technology companies as they strive to meet customer demand […]