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As MoUs Worth Lakhs OF Crores Are Announced By PFC, REC, Hopes Rise

The Central government’s power project financing arms, PFC and its subsidiary REC, have made a slew of green funding announcements recently. In total, the NBFCs Power Finance Corporation Ltd (PFC) and REC Ltd have signed agreements worth ₹5 lakh to fund projects of major green energy firms. While the PFC signed pacts worth ₹2.37 lakh […]

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Five Ways Indian Railways Plans To Go Net-Zero By 2030

  Indian Railways has one of the largest networks of rail lines in the world. In the last few decades, it successfully transformed from diesel to electric engines. The major source of transport and freight services in the country now is another fuel transition phase. Slowly, the Indian government entity is moving away from diesel […]

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THDC Issues EoI for Empanelment of Consultants for Land Acquisition for 2 GW RE Parks

THDC INDIA Limited has invited Expression of Interest (EOI) for empanelment of consultants for its subsidiary ‘TREDCO Rajasthan Limited’ for acquisition of land for the development of 2000 MW Ultra Mega Renewable Energy Power Parks (UMREPPs). These will be established in Rajasthan under MNRE’s Solar Park Scheme. The EOI opens on August 11, 2023. The […]

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India Adds 2.8 GW Of New Renewable Power In June: CEA Report

The latest report by the Central Electricity Authority (CEA) said that India added a total of 2,873 Megawatt (MW) of new renewable energy capacities in the month of June, this year. This is against the addition of 1076 MW of renewable power capacities added to the energy mix in May this year. These additions were […]

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Adani Green’s RE Capacities Grew 43% in Q1 on YoY

Adani Green Energy Limited (AGEL), the renewable energy arm of Adani Group, increased its renewable energy capacities by 43 percent in Q1 on a Year-On-Year (YoY) basis. While it added 5,800 MW of renewable power in Q1 of FY23, it increased its capacity to 8,316 in Q1 of FY 24, reporting a 43 percent rise […]

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India Paves Way For Allowing Commercial Mining Of Lithium, Other Critical Minerals

The Union Cabinet is now reported to have approved amendments to the Mines and Minerals (Development) and Regulation) Act to pave the way to allow commercial mining of Lithium and other critical minerals in the country. This comes months after India discovered reserves of Lithium in the Reasi district of Jammu and Kashmir and another […]

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Around 54 GW of RE Projects Under-Construction in India: CEA Report

  Month Day, Year by Author via Twitter According to a report on Under Construction Renewable Energy Projects released by the Central Electricity Authority (CEA), India’s installed renewable energy (RE) capacity, excluding large hydro, reached approximately 125.16 GW by the end of March 2023. The report indicates that the country aims to add over 54 […]

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Sterlite Power Scores New Orders Worth INR 1400 Crores

Sterlite Power, a power transmission developer and solutions provider, has secured multiple new orders worth INR 1400 crores across its solutions business that caters to products and specialized EPC, during the last quarter of FY 2023. These new orders, which were won across domestic and international markets, have strengthened the firm’s total order book for […]

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