Renewable energy sector in India gets $70 billion investment in 7 years
NEW DELHI: India’s Power Minister R K Singh has said that as much as USD 70 billion (about Rs 5.2 lakh crore) has been invested in renewable energy across the… Read more »
Category: Energy Sector
Adani Green buys SB Energy from Softbank and Bharti; firm valued at $3.5 billion
NEW DELHI: Adani Green Energy Ltd. (AGEL) said on Wednesday it is acquiring SB Energy India from Softbank of Japan and India’s Bharti Group to add 4,954 MW in its… Read more »
L&T Construction bags Rs 7000 crore green EPC order for world’s largest solar PV plants by capacity
NEW DELHI: The Renewables arm of Larsen & Toubro’s Power Transmission & Distribution Business has secured a turnkey EPC Contract, from the consortium of ACWA Power and the Water and… Read more »
Adani Green Energy acquires 100% stake in Spinel Energy and Infrastructure
NEW DELHI: Adani Green Energy has acquired 100 per cent equity stake in Spinel Energy and Infrastructure from Hindustan Cleanenergy and Peridot Power Ventures. “Adani Green Energy Ltd (AGEL) has… Read more »
PGCIL signs agreement to acquire 74% stake in Jaiprakash Power Ventures Limited
NEW DELHI: Power Grid Corporation of India Limited (POWERGRID Or PGCIL), a Maharatna PSE under Ministry of Power, Government of India has signed a Share Purchase Agreement with Jaiprakash Power… Read more »
Adani wins 300 MW wind energy capacity at Rs 2.77/unit
NEW DELHI: Auctions for 1,200 MW conducted by SECI on Monday saw wind power tariffs dropping to as low as Rs 2.77 per unit, sources said. According to the sources,… Read more »
Advisory on rooftop solar scheme
NEW DELHI: To generate solar power by installing solar panels on the roof of the houses, Ministry of New and Renewable Energy, Government of India is implementing Grid-connected Rooftop Solar… Read more »
SJVN gets 3 hydroelectric projects in Chenab basin from Himachal Pradesh
NEW DELHI: State-owned power producer SJVN Ltd has been awarded three hydroelectric power projects totaling 501 megawatts (MW) by the Himachal Pradesh government. The three projects are to be developed… Read more »
L&T Construction gets contracts up to Rs 2,500 crore for various businesses
NEW DELHI: Larsen & Toubro (L&T) Ltd’s construction arm has been awarded “significant” contracts in the range of Rs 1,500 crore- Rs 2,500 crore for its various businesses, according to… Read more »
Jammu and Kashmir power sector to receive Rs 11,000 crore financial aid
SRINAGAR: A loan assistance of Rs 11,024.47 crore has been approved for Jammu & Kashmir (J&K) under the Atmanirbhar Bharat Abhiyan (liquidity infusion scheme in DISCOMs). This will enable J&K… Read more »