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Megha Engg. Bags 2000 MW Pumped Storage Project

Hyderabad based infrastructure firm Megha Engineering and Infrastructure (MEIL) has been awarded the 2,000-megawatt Sharavathi pumped storage power project in Karnataka. The project, which is set to be the largest pump storage power generation unit in the country, is estimated to cost over Rs 8,000 crore and play a key role in Karnataka’s energy future. […]

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NHPC Collaborates With Norwegian Firm To Develop Floating Solar

NHPC recently signed a Memorandum of Understanding (MoU) with a Norway-based company Ocean Sun. Through this collaboration, the Norwegian technology provider would support India in building floating solar projects. In a social media post, the company announced it would explore key areas of cooperation for the demonstration of Ocean Sun’s floating solar energy technology. The […]

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CERC Orders Compensation To NTPC Over ‘Change Of Law’ Event

The Central Electricity Regulatory Commission (CERC) in its latest judgement awarded compensation to NTPC Limited over a surge in Goods and Services Tax (GST). The public sector utility had moved to the CERC seeking compensation for the increased project costs due to the increased taxation. The case was related to two solar projects with a […]

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India Sees Steepest Rise Of Solar, Coal Follows The Race

Renewable energy capacities in India especially solar seem to have received an impetus in the first quarter of 2024 (January-March). As per the analysis of the International Energy Economics and Financial Analysis (IEEFA) the highest additions of new capacities of fuels in India were seen from the solar sector, followed by coal projects. IEEFA in […]

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Premier Energies To Seek Rs 1500 Crore In IPO Soon

Premier Energies Limited, India’s second largest integrated solar cell and solar module manufacturer (in terms of annual installed capacity of 2 GW and 3.36 GW, respectively as per a Frost & Sullivan Report), as of March 31, 2024, has filed the draft red herring prospectus (DRHP) with capital markets regulator, SEBI to raise more than […]

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Alpex Solar To Set Up Second Panel Manufacturing Facility In Mathura

Noida-based Alpex Solar will be setting up its second solar panel manufacturing facility in Mathura, Uttar Pradesh. The company said it has got the approval from Uttar Pradesh State Industrial Development Authority (UPSIDA)  to secure 7 acres of land in Mathura for which the payment will be done soon. According to Alpex Solar, the firm […]

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MNRE Amends Rules For Solar Mini-Grid Installations In Tribal Area

In a notification released on March 26, the Ministry of New and Renewable Energy (MNRE) amended the dedicated scheme aimed at electrification of unelectrified households belonging to Particularly Vulnerable Tribal Groups (PVTGs). This initiative was launched under the Pradhan Mantri Janjati Adivasi Nyaya Maha Abhiyan (PM JANMAN) on January 4th. According to the original notification […]

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Jindal Stainless, JBM Auto Partner To Roll Out 500 E-Buses

Jindal Stainless, a stainless-steel manufacturer, announced its partnership with JBM Auto Ltd., an electric bus manufacturer, for the fabrication of over 500 energy-efficient and light-weight stainless steel electric buses. Jindal Stainless claimed to provide JT Tubes, made up of low-carbon, chromium-manganese austenitic stainless steel to JBM Auto The supplied material, also denoted as N7 in […]

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NHPC To Establish 1200 MW Renewable Energy Park In UP

PM Modi laid the foundation stone of the 1200 MW Jalaun Ultra Mega Renewable Energy Power Park of BSUL under NHPC Joint Venture (JV) with UPNEDA in Uttar Pradesh during a public event in Telangana on March 4. The 1200 MW Jalaun Ultra Mega Renewable Energy Power Park of BSUL (NHPC’s JV with UPNEDA) is […]

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