India

MoP New Rule Aims To Bring Transparency In Electricity Distribution

The Ministry of Power (MoP) recently introduced reforms to electricity and distribution regulations aimed at enhancing system transparency through the new Electricity Distribution (Accounts and Additional Disclosure) Rules, 2024. MoP through its latest provision aims to bring claims or sums recovered through tariff order as recoverable, thereby to be included as revenue in the financial […]

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India Can Turn To Global South For Its Critical Minerals Needs: IEEFA

India’s minerals are at risk due to high import dependency and reliance on a few countries. Currently, India depends on resources such as synthetic and natural graphite, lithium oxide, nickel oxide, nickel sulphate, and copper cathodes. The study highlights the need for a diversified procurement strategy for these minerals to reduce trade risks. These minerals […]

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PPA of 15 years Among Key Changes Proposed in TBCB Norms By India’s Power Ministry

In Draft guidelines for Tariff based competitive bidding involving solar, wind, Hybrid, FDRE and Energy storage projects, India’s Ministry of Power has come out with a slew of proposed changes. The draft document has been released for feedback and suggestions, with a last day of submissions being 15 days from publishing of the guidelines, ie, […]

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AMPIN, Varroc Partner For Another Maharashtra Solar Project

New Delhi-based renewable energy company AMPIN Energy Transition, today signed a transaction document with Varroc group for an additional 27 MWp solar power project in Maharashtra. This order follows the implementation of AMPIN’s initial solar projects in Maharashtra, Karnataka, Uttar Pradesh & Tamil Nadu. This new PPA marks a repeat order from Varroc Group, highlighting […]

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Servotech Launches Micro & Hybrid Inverter, Solar Pump Controller & More

Delhi-based Servotech Power Systems Ltd., a renewable energy solutions company, launched a series of new products in a recent ceremony. The company, which has had a strong track record in manufacturing electric vehicle charging stations and equipment is now on an aggressive drive to wider its product offerings. Raman Bhatia, Founder and MD of the […]

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Ramakrishna Forgings Invests Rs.12.90 Cr In Green Energy Deal With AMP Energy

Ramakrishna Forgings, a metal forming company, recently made an investment of Rs. 12.90 crore in the form of equity and debentures in AMP Energy C&I Fifteen. The Kolkata-based company entered into Share Subscription and Shareholders Agreements, along with other relevant agreements, with the AMP Energy subsidiary for the procurement of solar power under a captive […]

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NTPC Plans To Develop 300 MW Solar Project, Issues Tender

NTPC recently released a tender to develop a 300 MW ground-mounted solar project and terminal bay near the NTPC Anta substation. It is accepting bids until 5th December 2024. The bidder will be responsible for arranging the land for the solar project and for the design, engineering, manufacturing, transportation, storage, installation, and commissioning of the […]

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Ladakh: NTPC, Indian Army Set To Build Solar Hydrogen Microgrid Project

NTPC has partnered with the Indian Army to establish a Solar Hydrogen-based Microgrid at Chushul, Ladakh. This would provide a stable power supply using Green Hydrogen in off-grid Army locations. The Defence Minister Rajnath Singh laid the foundation stone of this unique project through video conferencing. NTPC has designed this solar hydrogen-based microgrid system to […]

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NTPC Limited Reports 14% Jump In Net Profits In Q2

NTPC Limited today issued its financial results for the second quarter (Q2) of FY25. The firm’s latest results reported a 14 percent growth in net profits. On a standalone basis, NTPC’s total income for H1 FY25 was ₹86,298 crore, compared to ₹81,199 crore for the same period last year. Profit After Tax (PAT) for H1 […]

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