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PM Launches Various Projects And Schemes In Renewable Sector

Prime Minister Narendra Modi marked his presence in the grand finale marking the culmination of ‘Ujjwal Bharat Ujjwal Bhavishya – Power @2047’ and interacted with the beneficiaries of PM-KUSUM (Pradhan Mantri Kisan Urja Suraksha Evam Utthaan Mahabhiyan), solar power, DDUGJY (Deen Dayal Upadhyaya Gram Jyoti Yojana), IPDS (Integrated Power Development Scheme) and solar panels respectively. […]

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NTPC Q1 Results, Revenues up 43% YoY, Profits up 15%

NTPC Limited, India’s largest power generator and the engine of it’s future renewable growth plans, has reported results for the Q1 of FY 23. The consolidated results have come out with a strong topline growth in revenues, even as profit growth was somewhat muted, due to the impact of higher input costs, especially coal.  At […]

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With 90% Growth In PAT In Q1 FY23, Tata Power Rides 48% Jump In Revenues

One of India’s largest integrated power companies, Tata Power has today announced its results for Q1FY23 reporting a 90% YoY increase in consolidated quarterly PAT as compared to Q1FY22, registering its 11th consecutive year-on-year quarterly growth in PAT. Quarterly Highlights – Q1FY23 Tata Power’s consolidated PAT before Exceptional Items is up by 90% at ₹884 crore […]

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Kerala Electricity Board Awards Hero Future Energies 10-MW Battery Storage Project

Delhi-based renewable energy developer and the renewable arm of the Hero Group, Hero Future Energies (HFE), claimed last week that it has “emerged as a successful bidder” in the tender floated by the Kerala State Electricity Board (KSEB). The tender was for the construction of a 10 MW grid-connected energy storage plant in the state. […]

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Rajasthan And NTPC Sign MoU To Develop 10 GW Renewable Energy Park In State

NTPC Renewable Energy Ltd (NREL) and Rajasthan Government signed on July 1 an MoU for a 10 GW ultra mega Renewable Energy Power Parks (UMREPP) to be developed in Rajasthan. The MoU was signed at a ceremony held on Friday in the presence of Rajasthan Energy Minister Bhanwar Singh Bhati. Since it was formed on […]

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SECI Tender Invites Bids For 30 MW FSPV On DVC Reservoirs In Jharkhand & WB

The Solar Energy Corporation of India Limited (SECI) has floated a tender for setting up of grid connected 30 MW Floating Solar PV (FSPV) Plants on raw water reservoirs of Damodar Valley Corporation thermal power plants at Koderma, Mejia and Raghunathpur thermal power stations across Jharkhand and West Bengal. The tender is available online on […]

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SJVN to collaborate with Assam Govt for renewable energy projects

The Assamese government looks bullish on renewable energy as the state and the entire North East region, always blessed with high potential, finally act on it. In the latest development, Director Finance of Shimla based state owned Satluj Jal Vidyut Nigam (SJVN), Akhileshwar Singh met with the Assam Chief Minister Himanta Biswa Sarma in Guwahati […]

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RUMSL’s 600 MW Omkareshwar Finally Has Winners- AMP Energy, NHDC nd SJVN

The much awaited tender for 600 MW floating solar (in two phases of 300 MW each) on the Omkareshwar reservoir in Madhya Pradesh has finally seen AMP Energy, NHDC and SJVN winning with bids of Rs 3.21, Rs 3.22 and Rs 3.26/unit respectively. For AMP Energy and SJVN this is the second project win this […]

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NGSL Signs Pact With African Bloc For RE Development In Africa

NTPC GE Power Services Limited (NGSL) has inked a tripartite Memorandum of Engagement (MoE) with The Lake Region Economic Bloc (LREB), Kenya and Procorp Enertech Private Limited (PEPL) where the three entities will cooperate for the development of solar power projects in Africa. The official statement says that the MoE specifically envisages installations of ground […]

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