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India Needs INR 30 Lakh Crore Investment by 2030 to Meet COP Pledges

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Chairman and Managing Director (CMD) of Indian Renewable Energy Development Agency Ltd. (IREDA) Mr. Pradip Kumar Das addressed an international webinar organized by the World Bank underscoring the need for INR 30 lakh crore investment to meet India’s Nationally Determined Contributions (NDC) goals by 2030. Feb 15, 2024 On the......
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NKT Joins Hands with Hydro to Decarbonize Power Cable Supply Chain

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The collaboration will aid both companies’ journey towards net zero by aligning common decarbonization targets for both primary and recycled aluminum, along with increasing their role in reducing the carbon footprint of power cables. Mar 9, 2024 Leading cable and accessories supplier to the energy sector, NKT, has entered into......
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Nexans Awarded Major Contract by Leading Power Utility to Support Energy Transition in Italy

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Nexans will supply 6,000 km of low and medium voltage power distribution cables & services to support energy transition in Italy, beginning February 2024, for a duration of 16 months. Feb 18, 2024 While demand in electricity is booming, cables and accessories are key elements of the electricity value chain......
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Torrent Power Bags 1,500 MW Inter-State Transmission Scheme Project to Evacuate Renewables in Maharashtra

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Torrent Power received LoI from PFC Consulting to lay a transmission line of approximately 44 km in Solapur, Maharashtra, connecting the existing substation of Power Grid Corporation of India with a new substation to be established by Torrent Power. Mar 18, 2024 Gujarat-based power company Torrent Power has revealed that......
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Germany Proposes USD 17 Billion Subsidy for Hydrogen-Ready Gas Power Plants

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Germany expects hydrogen transition plans to get a green signal by 2032, allowing gas power plants to operate completely on hydrogen fuel between 2035 and 2040 Feb 22, 2024 In order to boost intermittent renewable energy and speed up the transition to low-carbon generation, the German government has come up......
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PM Lays Foundation Stone of NHPC’s 300 MW Bikaner Solar Power Plant with Investment of INR 1732 Crores

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Prime Minister Shri Narendra Modi laid the foundation stone of the 300 MW Solar Power Plant located at Karnisar-Bhatiyan Village, Rajasthan. The project aims to produce around 750 million units of green power annually. Feb 16, 2024 In a major thrust towards achieving the Government of India’s ambitious Renewable Energy......
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Adani Energy Solutions to Build 7 GW Renewable Energy Evacuation Transmission Network

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AESL will evacuate 7GW of energy from Khavda RE park into the national grid. The company will invest INR 3000 crore to build, own, operate & maintain transmission of 300-km project for 35 years. Jan 22, 2024 Adani Energy Solutions Limited (AESL), a part of the globally diversified Adani portfolio......
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India & Nepal Sign Long-Term Power Agreement to Export 10,000 MW of Power

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India-Nepal recently entered into a long-term agreement to export 10,000 MW of power from Nepal to India. The two nations also signed a MoU in renewable energy. Jan 05, 2024 India recently signed a long-term agreement for the export of 10,000 MW of power from Nepal to India in the......
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Power Grid Corp Receives Transmission Project for Rajasthan’s 20 GW Energy Zone

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Power Grid Corporation has acquired an inter-state power transmission project for evacuating power from a 20 GW renewable energy zone in Rajasthan. Jan 01, 2024 State-owned Power Grid Corporation has won an inter-state power transmission project for evacuating power from a 20 GW renewable energy zone in Rajasthan. The ambit......
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