July 2021
9th Annual Survey of Discoms: Five out of 41 secure “A+” rating, Gujarat tops
- Jul 17, 2021
Five out of the 41 state government-owned power distribution companies have scored the best “A+” rating, as per the “9th Annual Integrated Rating of State Power Distribution Utilities”. This report, coordinated by Power Finance Corporation (PFC) with the participation Read more
Over 12 GW evacuation capacity under execution for RE projects
- Jul 16, 2021
Transmission schemes with an aggregate capacity of over 12 GW, meant to evacuation from upcoming renewable energy zones, are currently under implementation. According to the Annual Report 2021 of the Union Power Ministry disseminated recently, transmission schemes with an Read more
India plans mega battery storage capacity, tenders to be floated
- Jul 16, 2021
The Union power ministry is likely to float tenders for sourcing 4,000 MW of battery-based energy storage capacity. According to a reliable media report, Union power minister R.K. Singh indicated this at a recent virtual conference, organized by Confederation Read more
GE Renewable Energy records major progress on two pumped storages schemes
- Jul 15, 2021
GE Renewable Energy’s Hydro Solutions has announced that it has completed important project milestones at the Tehri Pumped Hydro Storage (Variable Speed) and Kundah Pumped Hydro Storage (Fixed Speed) projects. At Tehri (in Uttarakhand), 95 per cent of the Read more
Telangana to roll out real-time data acquisition systems
- Jul 15, 2021
Power distribution utilities of Telangana are preparing to roll out a real-time data acquisition system (RTDAS), with a view to ensuring quality and uninterrupted power supplies. According to a reliable media report, the two state government-owned discoms of Telangana Read more
OM Infra expects Arun-3 contract to turn revenue-accretive soon
- Jul 15, 2021
OM Infra Ltd expects that its contract related to the Arun-3 hydropower project will turn revenue-accretive during the ongoing quarter (June to September) of FY22. In an investor presentation filed recently with stock exchanges, OM Infra said that the Read more
Wärtsilä launches major test programme towards carbon-free solutions
- Jul 14, 2021
Wartsila is pioneering the adoption of hydrogen and ammonia as viable engine fuels through advanced testing in Wärtsilä’s fuel-flexible combustion engines. Testing will continue throughout the coming years with the aim of defining the most feasible internal combustion engine-based Read more
MNRE gives nod to NTPC’s 4,750-MW solar park proposal
- Jul 14, 2021
The Union Ministry of New & Renewable Energy (MNRE) has given its go-ahead to the proposed 4,750-mw solar park to be developed by a wholly-owned subsidiary of NTPC. What could be India’s largest solar park by current thinking, the Read more
Privatization of power distribution in DNH & DD: Supreme Court stays Bombay HC order
- Jul 14, 2021
Torrent Power, in a stock exchange filing, communicated that the Supreme Court of India has issued a stay on a Bombay High Court interim order regarding privatization of power distribution in the Union Territory of Dadra Nagar Haveli Read more
IndiGrid makes its first solar asset acquisition, diversifies from power transmission
- Jul 14, 2021
India’s first power-centric infrastructure investment trust (InvIT), IndiGrid, has acquired its first solar asset. So far, its portfolio was fully circumscribed by power transmission assets. In a release, IndiGrid said that it has completed acquisition of 100 per cent Read more