Power Exchange India Ltd (PXIL) launched the Green-Term Ahead Market (GTAM) on its transaction platform on March 24, 2021. The development took place after receiving approval from the Central Electricity Regulatory Commission (CERC) on March 19, 2021. To familiarize the Read more
The Union power ministry has issued a notification enabling discoms to either continue or exit the power purchase agreement (PPA) after its term. The notification gives flexibility to power generators to sell the relinquished power in any mode after Read more
India’s installed power generation capacity is set to grow to 817 GW by end of FY30, Minister of State (independent charge) for power, R.K. Singh, recently stated in a written reply in Parliament. The minister said that India attained Read more
R.K. Singh, Union Minister of State (I/C) for Power & New and Renewable Energy, launched the GRAM UJALA programme in Varanasi, Uttar Pradesh, on March 24, 2021. Under this program Convergence Energy Services Ltd (CESL), a wholly-owned subsidiary of Read more
ABB has reached the cumulative 5-GW mark in providing programmable Logic Controller-based (PLC) solar plant automation solutions in India. This milestone is an outcome of many significant solar power projects that the company won across India Read more
Mitsubishi Electric Corporation announced that it ranked first among Japanese firms and third globally in terms of international patent applications filed in 2020. Mitsubishi supported its claim by an announcement made by Switzerland-based World Intellectual Property Organization (WIPO) earlier Read more
State government-owned power distribution companies (discoms) have been disbursed 34 per cent of the total sanctioned amount, so far, under the Liquidity Infusion Scheme, which is part of the AatmaNirbhar Bharat Abhiyan launched on May 13, 2020. It was Read more
For the fifth year in succession, Vestas retained its leadership as the world’s largest supplier of onshore and offshore wind turbines in 2020, according to a report by Global Wind Energy Council (GWEC). Vestas could maintain Read more
Power Grid Corporation of India (PGCIL), in a recent stock exchange communication, said that it has signed the share purchase agreement (SPA) to acquire equity stake in Jaypee Powergrid Ltd (JPL), for around Rs.350 crore. PGCIL said that it Read more
DNV, the independent energy expert and assurance provider, has signed a $17.7-million contract to be the Owner’s Engineer for Taipower Offshore Wind Project Phase II (Changhua Phase II) in Taiwan. It is the largest offshore wind farm being developed Read more