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NTPC Ltd Reports 13 Percent Rise In PAT In H1 of FY24

NTPC Limited in its latest financial results declared a 13 percent increase in its Profit After Tax (PAT) during the first half (H1) of FY24 on a standalone basis. The central Public Sector Utility (PSU) said that its PAT for H1 FY24 was Rs 7,951 crore as against Rs 7,048 crore in H1 FY23. Meanwhile […]

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Rooftop, CPP & Hybrid Projects Take Precedence in Gujarat Renewable Energy Policy 2023

Gujarat Chief Minister Bhupendra Patel has released the Gujarat Renewable Energy Policy 2023. The Policy, whose operative period is upto 2028 or till notification of new policy (whichever is earlier), sets sights on achieving some big goals defined by the State and places a premium on solar-wind hybrid projects. Goals Chalked Out  The State will […]

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NTPC Issues Tender For 1500 MW Of Wind Projects For ISTS

NTPC Limited has issued an international bidding tender seeking developers to set up 1500 Megawatt (MW) of Inter-State Transmission System (ISTS) wind projects anywhere in India. The central public sector enterprise has asked the bidders to submit their bids by the end of October 19.  The bids will be undertaken on a single stage two, envelope mode […]

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BHEL Issues EoI to Supply 90 MU (KWhr) of RTC Renewable Energy

Bharat Heavy Electricals Limited (BHEL) has issued an Expression of Interest (EoI), for renewable energy developers, inviting them to supply 90 million units (KWhr) of Round the Clock renewable energy per year to BHEL’s facilities located at Haridwar (54 million units), Bhopal (12 million units), Trichy (12 million units), and Hyderabad (12 million units) on […]

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20 GW Sun Cable Darwin Project On Track Again Under Atlassian Founder

Australian Software billionaire and Atlassian Founder Mike Cannon-Brookes has ensured the revival of the 20 GW, trans ocean Sun Cable Project, taking it out of administration by assuming full ownership. The project, to be set up near Darwin in Australia’s sparsely populated Northern Territory, is planned with a 20 GW solar footprint, besides 40 GWh […]

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TERI Issues RFP for 20 MW/ 40 MWh Battery Energy Storage Systems (BESS) in Delhi

TERI (The Energy & Resources Institute) has issued an RFP for the design, supply, testing, installation, commissioning, operation and maintenance of 20 MW/ 40 MWh Battery Energy Storage Systems (BESS) in Delhi under tariff-based competitive bidding. The last date for submission of bids is September 22, 2023. Bids open on September 29, 2023. The scope […]

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NTPC, Oil India Sign MoU for Boosting Renewable & Green Initiatives

Indian power behemoth NTPC Limited and state-owned Oil India Limited have now signed a Memorandum of Understanding (MoU) for collaboration in the business of exploration, development and production of crude oil and natural gas. The agreement was recently signed between the government enteprises to explore collaboration in Renewable Energy, Green Hydrogen and its derivatives, geothermal […]

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Longi Crosses 1 GW Milestone In Middle East, Looks Ahead To Much More

Chinese solar major Longi has announced the shipping of over 1GW of solar modules to the Middle East distribution solar market by the second quarter of 2023. The number is a significant milestone for Longi as well as underscoring the high demand and interest in solar solutions for the middle east region. Solar majors have […]

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ACEN Inks RECAU Agreement with Laguna Lake Development Authority in Philippines

Makati-based ACEN, through its subsidiary companies, entered into a significant Renewable Energy Contract Area Utilization (RECAU) agreement with the Laguna Lake Development Authority (LLDA) in the Philippines. The purpose of this agreement is to secure the lease of 800 hectares of Renewable Energy Areas (REAs) located in Laguna. This pivotal arrangement signifies ACEN’s commitment to […]

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