Central Electricity Regulatory Commission (CERC), in an order dated January 10, 2022, has granted “Category 1” licence for interstate trading of electricity to SJVN Ltd. The company has also won 125 mw of solar capacity in Uttar Pradesh, Read more
Nepal Power Exchange Ltd (NPEL) has signed a memorandum of understanding with Indian company Manikaran Solar Ltd for energy trading. As a result, NPEL can now sell electricity to India, through Manikaran Solar Ltd. NPEL, it is learnt, becomes Read more
PTC India has won a Rs.9-crore tender for providing distribution management services to Mumbai Port Trust (MbPT). In a release, PTC India said that it has won the bid for providing “Technical advisory services, operation & maintenance of electrical Read more
The Hon’ble Dindoshi Civil and Session Court, in Mumbai, recently rejected bail application of accused Aazamali Zaikrali Sayyed and remanded him to 14 days judicial custody. The Hon’ble Court rejected the bail as the accused found repeating the Read more
The outlook for the capacity addition in the renewable energy (RE) sector remains strong with a large project pipeline of over 55 GW and the highly competitive tariffs offered by these projects, notes credit rating agency ICRA in Read more
"The announcement of Union Cabinet's approval of Rs.12,000-crore Green Corridor Phase-2 project, which will facilitate the integration and evacuation of renewable energy from seven states is of great significance in achieving the ambitious target of 500 GW of Read more
PTC India, in a statement, said that state government power utility Tangedco has appointed it as aggregator for a 1,500-mw five-year power procurement drive for which the utility had floated tenders. As a consequence, Tamil Nadu Generation & Distribution Read more
KEC International has announced the winning of new orders worth Rs.1,025 crore in diversified business areas. This has taken the company’s order inflows in FY22 so far, to over Rs.13,000 crore. In a release, Mumbai-headquartered KEC International said that Read more
Power Grid Corporation of India Ltd (PGCIL) has been the best performer amongst Central power PSUs, in terms of achievement of capex targets for FY22, a government release said. According to the release, PGCIL has achieved Read more
Godrej & Boyce has announced that its MEP (Mechanical, Electrical and Public health engineering) business vertical is targeting annual revenue growth of 25 per cent in Data Centre projects by FY24. A release from Godrej & Boyce said the Read more