transmission

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Torrent Power Swings to Profit in Q4 on Higher Generation and Power Demand

Gujarat-based power company Torrent Power posted a profit of ₹4.88 billion (~$58.97 million) for the fourth quarter (Q4) of the financial year (FY) 2022-23 against a...

May 30, 2023

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Gourav Mishra

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Other

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Renewable Energy
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Open Access Renewables Can Cut Data Centers’ Power Costs by 15-40%: Interview

Integrating renewable energy into the power mix is a no-brainer for data centers as it allows global companies to meet sustainability targets and offers 30-35% cost...

May 22, 2023

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Sumit Jha

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C&I

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Markets & Policy

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Solar
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PFC Floats Transmission Tender to Evacuate Renewable Energy from Karnataka

PFC Consulting, a wholly-owned subsidiary of Power Finance Corporation (PFC), has invited bids to develop an interstate transmission system (ISTS) for integration of...

May 19, 2023

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Rakesh Ranjan

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Grid

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T&D
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Corporates’ Decarbonization Efforts Driven by Favorable Regulations: Interview

The recent policy tweaks enacted by the government, mainly the exemption on fees for wheeling electricity across state borders and General Network Access rules, have...

May 19, 2023

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Sumit Jha

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C&I

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Other

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Renewable Energy
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PFC Invites Bids to Evacuate 7 GW of Power from Khavda Renewable Energy Park

PFC Consulting, a wholly-owned subsidiary of Power Finance Corporation (PFC), has invited bids to develop an interstate transmission system (ISTS) to evacuate 7 GW of...

May 18, 2023

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Rakesh Ranjan

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Grid

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T&D
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POWERGRID Invites Bids to Evacuate 2.5 GW of Solar Power in Karnataka

Power Grid Corporation of India (POWERGRID) has invited bids to set up a transmission line package for the pooling station associated with the transmission program for...

May 3, 2023

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Rakesh Ranjan

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Solar

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Tenders & Auctions
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Regulator Amends Ancillary Services Norms to Meet Peak Power Demand

The Central Electricity Regulatory Commission (CERC) has expanded the scope of operation of the Reserve Regulation Ancillary Services (RRAS) Regulations, 2015, to...

April 24, 2023

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Rakesh Ranjan

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Grid

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Grid Optimization
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IndiGrid Raises ₹11.4 Billion from IFC Through Debenture Issue

IndiGrid, which is the first power sector Infrastructure Investment Trust (InvIT) to be listed on the stock exchange in India, has announced that the International...

April 21, 2023

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Rakesh Ranjan

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Finance and M&A

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Grid
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CEA Proposes Guidelines for Utilities to Prepare Energy Demand Forecasts

The Central Electricity Authority (CEA) has released draft guidelines for utilities to prepare medium- and long-term forecasts to assess the power demand in the country....

April 13, 2023

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Gourav Mishra

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Other

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Renewable Energy
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Longer Rope for Green Hydrogen Units to Source RE Sans Transmission Costs

The government has extended the timeline for green hydrogen/ammonia projects to be eligible for an exemption from inter-state transmission system (ISTS) charges on...

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EIB Lends €450 Million to Portugal for Transmission System Upgradation

The European Investment Bank (EIB) has agreed to lend €450 million (~$485 million) to Portugal-based energy company Redes Energéticas Nacionais (REN) for renewable...

March 27, 2023

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Arjun Joshi

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Finance and M&A

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Grid
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Transmission Utility POWERGRID to Raise ₹6 Billion Through Bonds

The Power Grid Corporation of India (POWERGRID) said it would raise unsecured, non-convertible, non-cumulative, redeemable, and taxable bonds worth ₹6 billion (~$72.86...

March 27, 2023

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Rakesh Ranjan

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Grid

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T&D
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Intra-State Sections of Evacuation Infrastructure for Renewables Delayed

The Ministry of New and Renewable Energy (MNRE) told the Parliamentary Standing Committee on Energy that the intra-state stretches of the Green Energy Corridor (GEC)...

March 24, 2023

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Sumit Jha

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Grid

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Renewable Energy

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Solar
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Tribunal Asks Regulator to Re-Examine Penalty on POWERGRID Due to Project Delay

The Appellate Tribunal for Electricity (APTEL) recently ruled in favor of the Power Grid Corporation of India (POWERGRID) and asked the Central Electricity Regulatory...

March 20, 2023

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Rakesh Ranjan

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Markets & Policy

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Solar
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SECI Pays ₹8.2 Billion to Solar and Wind Developers in January 2023

The Solar Energy Corporation of India (SECI) has paid out a total of ₹8.2 billion (~$99.4 million) to solar and wind developers for the power purchased in January 2023....

March 20, 2023

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Gautamee Hazarika

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Other

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Renewable Energy

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