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International News

India wind power association moves Delhi High Court

June 4, 2022

IWPA contended that the provision for floor price of the RECs has been arbitrarily removed from the REC framework in the new regulations while highlighting the plight of its member renewable energy power generators, who […]

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International News

Jaishankar hits out at critics of India’s import of Russian crude oil

June 4, 2022

Today, Europe is buying oil and gas from Russia and new package of sanctions is designed in a way considering the welfare of the people while timelines have been set for reducing Russian energy imports […]

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International News

SBI, 15 others sell over INR8,000-crore Suzlon loans to REC and IREDA

June 3, 2022

The loan sale was concluded even as the wind energy company was in the midst of its second bank-led restructuring initiated in 2020. The REC and IREDA-led refinance would extend the tenure of Suzlon’s loans […]

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International News

Netherlands, Germany to jointly drill for gas in North Sea

June 2, 2022

The permits will be “available for inspection online” from Friday, and an “accelerated procedure” for the required permits is underway in Germany, Xinhua news agency reported. The Hague: TheNetherlandsandGermanywill jointly drill for a new gas […]

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International News

Power discoms’ losses widened to Rs 59,000 crore in 2021-22: Report

June 1, 2022

The report covers data of 41 discoms across 20 states to analyse their leverage, profitability, operational efficiency, shift in consumer mix, receivable and payable days and historical tariff hikes. New Delhi: The bad performance of […]

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International News

India puts oil pipeline monetisation plan on hold after PSU resistance

June 1, 2022

Announced in the budget last year, the monetisation plan was aimed at freeing up resources that could then be deployed in new projects, helping boost investment in an economy weighed down by the pandemic.State-ownedGAIL,Hindustan Petroleum […]

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International News

Delhi-based GreenZo Energy to set up 250 MW green hydrogen electrolyser factory

May 31, 2022

The factory will be built with an investment of about Rs 400 crore New Delhi:GreenZo Energy, a Delhi-basedrenewableenergy consultancy, on Tuesday said it plans to set up a 250-megawatt (MW)green hydrogenelectrolyserfactory with an investment of […]

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International News

Gail India to invest Rs 6,000 crore on renewables in next three years

May 30, 2022

GAIL India Director (Finance) Rakesh Kumar Jain said the company, which reported a 112 per cent jump in FY22 post-tax net profit at Rs 10,364 crore, has outlined an overall capital expenditure plan of up […]

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International News

Sterlite Power wins Rs 1,600 crore orders for power transmission projects

May 30, 2022

The orders are for installation and supply of high-performance conductors and reconductoring solutions for transmission projects. New Delhi:Powertransmission companySterlite Powerannounced it has bagged orders worth Rs 1,600 crore from fromPower Grid Corporation(PGCIL),Damodar Valley Corporation(DVC), and […]

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International News

Tata Motors, Ford India ink pact with Gujarat govt for Sanand manufacturing plant acquisition

May 30, 2022

Tata Passenger Electric Mobility Ltd (TPEML) — a subsidiary of Tata Motors — and Ford India Pvt Ltd (FIPL) have today signed a memorandum of understanding (MOU) with the Gujarat government for the potential acquisition […]

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