MILITARY ENGINEER SERVICES Issue Tender for PROVISION OF 600 KW SOLAR POWER PLANT AT GE (AF) BAMRAULI For more information please see below link: Download [101.44 KB ..read more

In short – Reliance is dedicated to investing in renewable energy and green hydrogen in Tamil Nadu, as stated by Mukesh Ambani. This commitment underscores the company’s focus on sustainability and its contribution to Tamil Nadu’s energy transition. Such investments align with Reliance’s vision for a greener and more sustainable future. In details – Reliance Industries Chairman and Managing Director, Mukesh Ambani, on Sunday said his conglomerate has committed to making new investments in Tamil Nadu in renewable energy and green hydrogen, and he was confident that the state government under M ..read more

In Short : In FY24, renewable energy takes the lead in power capacity addition, with solar contributing 15 GW, highlighting its dominance. This underscores a significant shift towards sustainable energy sources and a crucial step in combating climate change. In Detail : In FY24, renewable energy sources dominated new power capacity additions, contributing 71% of the total, with solar leading the way at 15 GW. The total installed capacity reached 442 GW, with renewables comprising 32.5% and coal dropping below 50% for the first time to 49.2%. In a significant shift towards sustainable energy ..read more

In short – India’s power and renewable energy sectors are poised to receive a substantial investment of Rs 17.05 lakh crore. This infusion of funds signifies a significant commitment to bolstering the country’s energy infrastructure and transitioning towards sustainable sources. Such investment is crucial for driving economic growth, enhancing energy security, and mitigating environmental challenges. In details – In a press conference on Monday, Union Minister R K Singh revealed that the power and renewable energy sectors in India are poised to receive an enormous investment of Rs 17.05 lakh ..read more

RE target for 2030 revised upwards to 50 GW from 45 GW Greenfield capacity addition of 2.8 GW in FY24, representing 15% of India’s total renewable energy capacity addition Run-rate EBITDA stands at a strong Rs. 10,462 crore; Net Debt to Run-rate EBITDA at 4.0x v/s 5.4x last year EDITOR’S SYNOPSIS   Financial & Operational Performance   ·         Revenue increases 33% YoY to 7,735 crore ·         Industry-leading EBITDA margin of 92% ·         ..read more

Petition filed under Regulation of UPERC (Grant of Connectivity of Intra State Transmission system ) Reg. 2010 For more information please see below link: Download [818.69 KB] Download [880.76 KB] Download [1.11 MB ..read more

In short – Coal India registered a 26% profit surge to Rs 8,682 crore in Q4, fueled by increased supplies. The company’s robust performance reflects its ability to meet growing demand efficiently. This growth underscores Coal India’s pivotal role in the energy sector and its strategic position in ensuring energy security for the nation amidst dynamic market conditions. In details – New Delhi, May 2 (PTI) Coal behemoth CIL on Thursday reported a 26.2 per cent rise in consolidated net profit to Rs 8,682.20 crore for the March quarter on the back higher supplies of the dry fuel. The company’s con ..read more

Plant to generate nearly 3000 million units (MUs) of power and offset ~2,200 Mn. Kgs of CO2 emissions annually FDRE facilitates round-the-clock power supply, aiding Discoms in meeting RPO and ESO Tata Power Renewable Energy Limited (TPREL), a leading entity in India’s renewable energy landscape and a subsidiary of The Tata Power Company Limited, has signed a Power Purchase Agreement (PPA) with SJVN Limited (SJVN), an Indian Public Sector Undertaking (PSU), for a 460 MW Firm and Dispatchable Renewable Energy (FDRE) Project. The plant, designed to meet the 460 MW FDRE requirement, integrates s ..read more

In Short : A $5 billion replenishment for the Asian Development Fund has been agreed upon to aid the most vulnerable in Asia and the Pacific. This support underscores a commitment to addressing crucial development challenges in the region. In Detail : TBILISI, GEORGIA : Donors and the Asian Development Bank (ADB) have agreed to a replenishment of $5 billion for ADB’s Asian Development Fund (ADF) 14 and Technical Assistance Special Fund (TASF) 8. The commitment was made during ADB’s 57th Annual Meeting. The ADF is ADB’s largest source of grants for operations in its poorest and most vulnerable ..read more

In Short : The ‘Run for Sun’ Marathon in New Delhi celebrates International Sun Day, promoting fitness and raising awareness about solar energy’s importance. Held in a city battling pollution, it highlights clean energy alternatives. A successful event with a great turnout! In Detail : All-India Intra-School Solar Art Competition Solart to be held The Government of India joined the global community in commemorating International Sun Day today, 3rd May, 2024, as an annual reminder of the significant benefits of solar energy in fostering a greener and healthier planet. On this day, the Ministry ..read more