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Ministry of Power

NHPC Board Approves Setting up Subsidiary for RE Business

State-owned hydro power giant NHPC on Friday said its board has approved the proposal to form a subsidiary for the development of renewable energy, small hydro and green hydrogen projects. “Board of Directors of Company in its meeting held today i.e. Friday, September 24, 2021 inter-alia has considered and approved the proposal regarding the formation […]

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PFC Raises €300 M in First-ever Euro Green Bond Issuance

Power Finance Corporation Ltd (PFC), a leading non-banking financial company (NBFC) in the power sector, has successfully issued its maiden Euro 300 million 7-year Euro Bond issuance on September 13, 2021. The pricing of 1.841% achieved is the lowest yield locked in by an Indian Issuer in the Euro markets, as per PFC’s release. It […]

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CESL To Collaborate With DTC To Establish Public EV Charging Network In Delhi

Delhi Transport Minister, Kailash Gahlot today laid the foundation stone for setting up the first Public Electric Vehicle Charging Plaza in DTC Nehru Place Bus Terminal and inaugurated a Public EV Charging Station at the site, which will help in giving a push to faster electric vehicle adoption in the National Capital. Convergence Energy Services […]

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India and US Agree on Further Climate Agreements

Union Power Minister R. K. Singh met a delegation led by Mr. John Kerry, U.S. Special Presidential Envoy for Climate, today to discuss further collaboration on climate change issues to pave the way for the impending energy transition. Mr. Alok Kumar, Secretary Ministry of Power, and other senior officials from the ministry were also present. […]

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Draft Open Access Norms Can be a Tailwind for New RE Projects: CRISIL

The Draft Electricity (promoting renewable energy through Green Energy Open Access) Rules, 2021, announced by the Ministry of Power, if implemented as is, could improve the certainty of cash flows for new renewable energy projects coming up through this route, finds CRISIL ratings. In India, power distribution happens through three modes – state distribution companies, […]

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Sector 39 Waterworks in Chandigarh to Soon Welcome Solar Panels

The Municipal Corporation of Chandigarh will soon get its first solar power plant at the Sector 39 waterworks. The floating solar power panels are expected to generate electricity worth ₹1.38 crore annually. The Chandigarh Renewable Energy and Science and Technology Promotion Society (CREST) will execute the project. CREST is the agency for the implementation of various […]

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MoP Launches Regulatory Compliance Division to Monitor Discoms

The Ministry of Power (MoP) has set up a regulatory compliance division to monitor the various regulatory parameters and their compliances by the DISCOMS (distribution companies) as well as state commissions. The information was revealed in a recent interaction between Union Minister of Power and New & Renewable Energy RK Singh and electricity regulators. The […]

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MoP Issues Draft Electricity Rules 2021 for Green Energy

The Ministry of Power has released the “Draft Electricity (promoting renewable energy through Green Energy Open Access) Rules, 2021,” seeking comments from stakeholders within 30 days. The draft rules can be accessed here. These rules are proposed for the purchase and consumption of green energy, including the energy from ‘Waste-to-Energy’ plants. The draft rules address […]

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Recruitment for Field Engineer, Supervisor (Civil/Electrical)

ENGAGEMENT OF EXPERIENCED PERSONNEL ON CONTRACT BASIS The engagement shall be purely on temporary & contractual basis for a period of 24 months initially or till completion of projects, whichever is earlier. The actual engagement may vary depending on requirement and status of projects. POST & CATEGORY-WISE BREAK UP OF VACANCIES   Post ID Name […]

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