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NTPC REL Announces Tender for Wind Project of 1080 MW

NTPC Renewable Energy Limited (NTPC REL) has issued a tender inviting bids from eligible bidders on single stage two-envelope (including techno-commercial bid and price bid) basis for Balance of System package of ISTS connected wind energy project with nominal capacity of 1080 MW in Karnataka. The scope of work entails detailed design, engineering, micro-siting, manufacturing, […]

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CERC Denies Granting ‘Change Of Law’ Benefits To Adani Green

The Central Electricity Regulatory Commission (CERC), in its latest judgment, declined to give relief to Adani Green on ‘Change of Law’ events on procedural issues. It came after Adani Green, who was a respondent in a petition filed by the Solar Energy Corporation of India (SECI). The Petition was related to the adoption of tariffs.  The Petition […]

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NTPC REL Achieves Commercial Operation of First Wind Project of 50 MW

NTPC Renewable Energy Limited, a wholly owned subsidiary of NTPC, has announced the commercial operation of its wind first project. The said project is for a capacity of 50 MW at Dayapar in Kachch, Gujarat. With the commissioning of this project, the cumulative installed capacity of NTPC Group has become 73,874 MW while the total […]

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US May See 619 GW Of Renewable Power Between 2023-2030: Report

A latest report from BloombergNEF forecast a staggering 619 gigawatts (GW) of solar, wind and storage to come online between 2023 and 2030 in the United States. The report forecasts that this will raise energy capacity by 19 GW from the previous outlook. While structural constraints, such as permitting and grid connections, and a higher […]

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India Launches Programme For Energy Efficient Cooking

Energy Efficiency Services Limited (EESL), a joint venture of Public Sector Undertakings under the Ministry of Power, launched its National Efficient Cooking Programme (NECP) and Energy Efficient Fans Programme (EEFP) under the presence of Union Minister for Power and New and Renewable Energy RK Singh, at an event held in New Delhi. These initiatives are […]

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Sterlite Power Demerges Transmission & Products Business

Sterlite Power Transmission Limited (SPTL), a power transmission developer and solutions provider in India and Brazil, has announced the strategic decision to demerge its power transmission infrastructure business (BOT model), spread across India and Brazil. The demerged SPTL entity will continue to hold the global products and specialised EPC services business as well as the […]

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Zero Emission Vehicle Can Reduce Emission By 80% In US: NREL

A latest report from the National Renewable Energy Laboratory (NREL) stated that the adoption of zero-emission electric vehicles (EV) in the US would allow the nation to move closer to an 80% or more drop in transportation-related greenhouse gas (GHG) emissions by 2050. This, the report said would lead to a drop of the emissions […]

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Heating Device That Uses Renewable Energy In High Altitude Areas

Hyderabad based WindStream Technologies, which offers hybrid solar and wind patented products, has joined hands with the Centre for Energy Research (CER) towards the establishment of a collaborative framework for the development, production, and promotion of a modular room heating device, Sustainable Excess Energy Generator (SEEGeN).  Designed with Super Metals, the product has applicability in […]

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IEX Reports PAT Exceeding 21% in Q2FY24 Against Q2FY23

The IEX (Indian Energy Exchange) has declared its unaudited consolidated financial results for the second quarter ending September 30, 2023. Particulars Q2FY23 Q2FY24 YoY Total Volume (in BU) 23.1 26.5 14.6% Total Revenue 113.8 133.0 16.9% Total Operating Expense 16.3 16.6 1.8% EBITDA 97.5 116.4 19.4% Finance, Depreciation & Amortization Cost 5.0 5.8 16.0% Share […]

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