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renewable energy

Sterlite Power Acquires Neemrana II Kotputli Transmission Limited from PFC

Sterlite Power, a power transmission developer and solutions provider in India and Brazil, has announced the acquisition of Neemrana II Kotputli Transmission Limited, a Special Purpose Vehicle (SPV) from PFC Consulting Limited (PFCCL). PFCCL is a wholly owned subsidiary of Power Finance Corporation Limited (PFC), a Maharatna Public Sector Enterprise. The project was awarded to […]

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SECI Looks for Agency to Forecast 10 MW Solar Plant at DRDO

Solar Energy Corporation of India (SECI) has released a tender for the selection of agency for the generation forecasting and load forecasting work at DRDO for 10 MW solar PV power plant. It will also include coordination with Bangalore Electricity Supply Company (BESCOM), Karnataka Power Transmission Corporation Limited (KPTCL). The last date for submission of […]

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MNRE Approved Bihar’s Proposal Under PM KUSUM (Comp-C): Minister

The Ministry of New and Renewable Energy (MNRE) in its latest reply before the Parliament said that the ministry approved the proposal of Bihar under Component C of the PM-KUSUM scheme. MNRE Minister RK Singh in his written statement before the Lok Sabha said that the state had moved an application to the Centre seeking […]

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2023 Proved Brightest For Wind Power Generation In India: Govt

Union Minister R.K Singh in a written reply before the parliament shared data on the contribution of wind energy in the total energy mix in the last three years. The data revealed an incremental growth in the wind generation capacity to the overall renewable energy. The data said that 2023 proved fruitful for the wind […]

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43 Pumped Hydro Storage Projects With 55 GW Capacity Under Survey: Govt

Union Power Minister R.K Singh in a written reply before the Parliament stated that a total of 43 Pumped Hydro Storage Projects (PSPs) are under survey and investigation in the country.  He mentioned that these projects have an aggregate installed capacity of 55,085 MW. The minister also said that a total of four PSPs are […]

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Powergrid Acquires Two SPVs for Evacuation Of Green Power From Rajasthan

Power Grid Corporation of India Limited (Powergrid) – a Maharatna CPSU under the Ministry of Power has recently acquired two Project Special Purpose Vehicles (SPVs) namely- Ramgarh II Transmission Limited and Beawar Dausa Transmission Limited for the Transmission System Projects. They will be used for the evacuation of power from the Renewable Energy Zone (REZ) […]

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Vestas Nets 1.38 GW Norfolk Vanguard West Offshore Wind Project

Vattenfall, the Swedish renewable energy company, has chosen Vestas, the Danish wind turbine manufacturer, as the preferred supplier for the Norfolk Vanguard West project in UK, which boasts a capacity of 1.38 gigawatts (GW). As part of the preferred supplier agreement for the Norfolk Vanguard West project, Vestas will provide 92 V236-15 MW offshore wind […]

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Promoters To Invest Rs 9,350 Crore Equity In Adani Green

Adani Green Energy Ltd (AGEL) announced that the Board of Directors of the firm have approved a preferential issuance of warrants to the Promoters of AGEL for a quantum of Rs 9,350 crore (equivalent to USD 1,125 million) at a per share price of Rs 1,480.75/share calculated basis SEBI ICDR regulations.  The issuance is subject […]

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Gujarat Hosts 30% of India’s Total Rooftop Solar Capacity: Data

Latest data on rooftop solar, shared by Union Minister for New and Renewable Energy RK Singh claimed that 30 percent of India’s total rooftop solar capacity comes from Gujarat alone. With a total capacity of 3.17 GW of rooftop solar, the state proved to be the frontrunner in India’s rooftop solar business. The data was […]

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