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Tata Power has joined forces with the Asian Development Bank (ADB) to secure $4.25 billion in funding for clean energy projects in India. This partnership will support key initiatives like solar-wind hybrid systems, pumped hydro storage, and infrastructure upgrades, helping India accelerate its transition to renewable energy and achieve its ambitious sustainability targets.
Tata Power has entered a strategic partnership with Druk Green Corporation to develop 5,000 MW of clean energy in Bhutan, including hydropower and solar projects. This collaboration aligns with Bhutan's goal of increasing its energy capacity and promoting regional energy security through sustainable sources.
L&T Energy CarbonLite Solutions has won significant contracts from NTPC to develop two thermal power plants in Madhya Pradesh and Bihar, valued at over Rs 15,000 crore. These ultra-mega projects will add 4,800 MW to India's power grid, enhancing energy security and supporting regional growth. Discover how this strategic win strengthens L&T's position in the energy sector and contributes to India's growing energy needs.
NTPC and RVUNL have entered into a strategic joint venture to jointly own and operate a 230 MW unit at the Chhabra Thermal Power Plant in Rajasthan. This collaboration aims to improve operational efficiency, enhance power generation capacity, and support sustainable energy practices, strengthening the region's power infrastructure.
NHPC and APGENCO have embarked on a transformative journey to boost renewable energy in Andhra Pradesh through a new joint venture. With a focus on pumped storage hydro power projects, including the Yaganti and Rajupalem initiatives, this collaboration aims to enhance energy security and promote sustainable development in the region. Explore the implications of this partnership for the future of green energy in Andhra Pradesh.
NTPC has approved a ₹9,790 crore investment for Stage-III of the Sipat Super Thermal Power Project, adding 800 MW of capacity. This move aims to enhance energy security in India while creating jobs and addressing environmental challenges. Read on to explore the project's significance and its impact on the power sector.
India's coal production has achieved a notable 5.85% increase, reaching 411.62 million tonnes for the fiscal year 2024-25 up to September 12. Despite facing operational challenges such as heavy rains, the sector has demonstrated resilience and growth. This significant rise in output not only supports the country’s expanding energy needs but also underscores the sector's capacity to adapt and thrive. Explore the factors behind this growth and what it means for India's energy future and economic stability.
In a strategic move to support domestic oil producers, the government has reduced the windfall tax on crude petroleum to Rs 4,600 per tonne from Rs 7,000 per tonne. This reduction aims to alleviate financial burdens and encourage increased production and investment in the sector. The Special Additional Excise Duty on the export of diesel, petrol, and jet fuel remains unchanged. Discover the potential impacts and industry reactions to this significant policy change.
ONGC has commenced natural gas production from its Coal Bed Methane (CBM) block in Bokaro, Jharkhand, marking a significant milestone in India's energy sector. Starting with an initial production capacity of 170,000 SCMD, ONGC aims to boost output to 300,000 SCMD by the end of the financial year. This development underscores the strategic importance of CBM as an alternative energy resource, contributing to the diversification and enhancement of India's natural gas supply.
In a landmark development, Diamond Power Infrastructure has secured a substantial Rs 900 crore contract from Adani Energy Solutions. This significant deal involves the supply of cutting-edge AL 59 conductors, poised to revolutionize India's power transmission infrastructure. Explore how this partnership underscores technological innovation and strategic growth in the energy sector.