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Olectra Greentech Awards INR 395.12 Cr Contract to Megha Engineering & Infrastructures Ltd

Hyderabad-based manufacturer of electric buses, Olectra Greentech has awarded a contract for the construction of the greenfield electric vehicle manufacturing facility on 150 acres of the land situated at Seetharampur, Hyderabad, Telangana. The contract has been given to Megha Engineering & Infrastructures Limited (MEIL). MEIL is the ultimate holding company and a related party to […]

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NTPC Issues Tender for 1500 MW Of Solar-Wind Hybrid ISTS Projects

The National Thermal Power Corporation (NTPC) Limited has issued a tender seeking prospective renewable energy developers. As per the mandate of the tender document, the Indian power behemoth has sought bids from players who could develop solar-wind hybrid projects anywhere in the country. The document said that the renewable energy company needed to develop this […]

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Masdar Raises US$750 Million Green Bond

Abu Dhabi Future Energy Company PJSC – Masdar announced the successful completion of its first green bond issuance for US$750 million 10-year senior unsecured Notes today. Showing positive appetite from regional and international investors, the order book peaked at US$ 4.2 billion, i.e. oversubscription of 5.6x. Pricing tightened 35 bps between launch and final terms, […]

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IFESTOS- Large Carbon Capture Capture Project in Greece Gets EU Commission Grant

The European Commission has picked out 41 projects to prepare grant agreements to enable firms dabbling in segments such as energy-intensive industries, hydrogen, renewable energy, and manufacturing components for energy storage and renewables. The EU has dedicated EUR 3.6 billion to enable various firms to bring  innovative technologies to the market. The grants are from […]

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JSW Energy Sees 35% Rise In RE Generation, 48% Plunge In PAT In Q1

JSW Energy Limited, in its latest announced Q1 results for FY24, claimed that its total renewable energy generation increased by 35 percent on a Year-on-Year (YoY) basis. The financial results for the quarter also state that it witnessed a decrease in total revenue and Profit After tax (PAT).   As per the details shared by the firm […]

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From Potential to Progress: What Does Africa Renewable Energy Journey Look Like?

With 33 out of the world’s 47 least-developed countries nestled within its borders, and with more than half of the population in Africa having no access to electricity, the African continent stands as a veritable gold mine for those with a vision for progress in renewable energy. This article focuses on the progress made against […]

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NTPC Allocates India’s Largest Contract for Alkaline Electrolysers to Hild Electric

Energy conglomerate, NTPC has awarded India’s largest contract for alkaline electrolysers to Hild Electric Private Limited, a Chennai-based firm that delves into the manufacture and deployment of electrolysers. The contract will pave the path for Hild Electric to supply Alkaline electrolyser technology to NTPC Renewable Energy Limited (REL). Under the partnership, the advanced electrolyser systems […]

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