Adani Power has emerged as the successful bidder for Essar Power’s 1,200 MW thermal power project in Mahan, Madhya Pradesh. The Adani Power bid for the project has been approved by a committee of creditors. Now, it will have to seek the NCLT approval to acquire the project, which is undergoing insolvency proceedings. “This is […]
Category: Power
Power
PFC Consulting incorporates Mohanlalganj Transmission Ltd
PFC Consulting Ltd (PFCCL) has incorporated Mohanlalganj Transmission Ltd as its wholly-owned subsidiary, a statement said. PFCCL is a wholly-owned subsidiary of Power Finance Corporation (PFC). According to the statement by PFC, PFCCL has completed the process of incorporating Lucknow-based Special Purpose Vehicle -Mohanlalganj Transmission Ltd as its wholly-owned subsidiary. The transmission scheme is an […]
New plan worth Rs 20,000 cr to solarise agricultural feeders: R K Singh
The government is planning to set aside Rs 20,000 crore under a new scheme for solarising agricultural feeders, power and renewable energy minister R K Singh said on Thursday at The Economic Times Energy Leadership Summit 2021. “In the new scheme we are coming out with, which will be put before the cabinet soon, we […]
EVs with green plates get more common on Ahmedabad roads
The number of vehicles on the roads with green number plates has been increasing in the city. The state road transport department began issuing green registration number plates to the electric vehicles about two months ago. The state has so far registered 1,390 electric vehicles in 2021, of which 321 were registered at the RTO […]
Electrification of 19 Siachen villages to help Ladakh achieve carbon-neutrality target: Officials
As many as 19 villages in Siachen has been electrified with supply from the Chamshen micro-hydel project (MHP), a development that will help Ladakh inch closer towards achieving the carbon-neutrality target, officials said on Friday. The Union Ministry of New and Renewable Energy funded the Chamshen project under the Ladakh Renewable Energy Initiative (LREI) scheme, […]
Andhra Pradesh high court cancels APGECL’s solar power plant tenders
The AP high court on Thursday passed orders cancelling the tenders called by the Andhra Pradesh Green Energy Corporation Ltd (APGECL) in November last year to establish a 6,400 megawatt solar power plant. The single judge bench of Justice M Ranga Rao directed the state to call for fresh tenders and cancel the power purchase […]
Panel on energy efficiency, low carbon tech to be set up: R K Singh
Power and Renewable Energy Minister R K Singh on Thursday said a committee will be set up having members from all relevant Ministries for implementation of the Roadmap on Energy Efficiency and low carbon technologies. Singh chaired a high-level meeting to review the progress of various energy efficiency programmes and the preparedness for Climate Change […]
India’s renewable energy sector requires over $500-bn investments in next decade: Experts
India’s renewable energy sector will witness a large part of incoming investments in the areas of indigenous products, innovative start-ups, transmission, and generation space in the coming years, said industry experts at a panel discussion in The Economic Times Energy Leadership Summit 2021. According to Deepak Bagla, managing director and chief executive officer, Invest India, […]
India extends USD 100 million Line of Credit to Sri Lanka for solar energy projects
India has extended a USD 100 million Line of Credit to Sri Lanka to help the island nation finance various projects in the solar energy sector and ensure that the country’s 70 per cent power requirements are fulfilled by renewable energy sources by 2030. An agreement signed between the Sri Lankan government and the Export-Import […]
Gujarat: Waste-to-energy plant to be ready in Ahmedabad by end of the year
The waste-to-energy plant, which is being set up by Abelleon Clean Energy, will begin operation by the end of 2021. This is part of city’s zero-waste strategy to generate power from waste with a 14 MW plant in Gyaspur near Pirana. The power generated from the plant will be fed into the national power grid. […]
11 thermal plants in NCR accounted for 7% of Delhi air pollution in Oct-Jan: Study
The 11 coal-fired power plants in the National Capital Region contributed just 7 per cent to Delhi’s PM2.5 pollution on an average between October 2020 and January 2021, while vehicles contributed 14 per cent, according to a new study. The findings are significant considering that the Delhi government had recently moved to the Supreme Court, […]
Thermal power plants performance set to improve; Excess capacity could decline over FY22-FY24
The operating performance of thermal power plants could improve meaningfully, given the change in the incremental demand supply equation after a decade, according to research agency India Ratings (Ind-Ra). This lowering of supply is because of the limited capacity addition of thermal power plants, the retirals or phasing out of old capacities largely from the […]