NHPC board approves proposal to foray into solar power business
NHPC on Thursday said its board has approved the proposal to foray into solar power business. NHPC is mainly into hydro power generation. “It is …
Hydro & Biofuels
PFC to fund hydroelectric and projects worth Rs 22K cr in Madhya Pradesh
Power Finance Corporation (PFC) on Tuesday said it will fund 225 MW hydroelectric and other multiple purpose projects worth Rs 22,000 crore in Madhya Pradesh. …
Siemens AG sells 24 per cent stake in Indian unit for Rs 8,520 cr to group firm
German conglomerate Siemens Aktiengesellschaft on Tuesday sold shares worth over Rs 8,500 crore in its listed Indian subsidiary Siemens Ltd, amounting to about 24 per …
Wage hike demand makes Indsil Hydro Power declare lockout at Palakkad unit
Indsil Hydro Power and Manganese Ltd on Monday said it has declared lockout at its Palakkad factory in Kerala after workers demanded a wage increase. …
Activists asks not to grant extension of clearance to Himachal hydro project
Close to 1,000 representatives of environmental action groups, locals and academics have asked the Ministry of Environment, Forests and Climate Change not to grant extension …
India moves to 74th position on WEF’s global ‘Energy Transition Index
India has moved up two positions to rank 74th on a global ‘Energy Transition Index’ with improvements on all key parameters of economic growth, energy …
COVID 19 Effect: Power generation from renewables remain unaffected while thermal suffered says Ind-Ra
COVID-19 led lockdown the all-India energy demand in March this year decreased 8.9% yoy to 98.8 billion units (BU) while energy supply decreased 9.2% yoy, …
Covid-19 pandemic the biggest shock to global energy system in seven decades: IEA
The Covid-19 pandemic represents the biggest shock to the global energy system in more than seven decades, with the drop in demand this year set …
Power Ministry floats draft Electricity Act(Amendment) Bill 2020, invites suggestions
Supply of quality power at affordable prices is essential for sustained growth of the economy of the country. For further development of the power sector, …
Renewables Account for Almost Three Quarters of New Capacity in 2019: IRENA
The renewable energy sector added 176 gigawatts (GW) of generating capacity globally in 2019, marginally lower than the (revised) 179 GW added in 2018. However, …