Industry news
Nepal plans to import up to 1,100 MW of electricity from India during the upcoming dry season to compensate for reduced domestic generation capacity. Recent floods and heavy monsoon rains have damaged hydropower projects, leading to a loss of approximately 640 MW of generation capacity. Despite these damages, Nepal is currently exporting 600-700 MW to India.
India is shifting its energy strategy from simply increasing capacity to building an integrated system that can reliably and efficiently manage diverse energy sources, expanding infrastructure, and evolving demand patterns. This approach emphasizes resilient infrastructure, diversified supply chains, and domestic capabilities.
BEST is opposing Adani Electricity's application for a power distribution license in Dharavi, citing potential loss of consumers and existing infrastructure investments. A task force has been formed to enhance competitiveness and explore expansion.
NLC India Renewables Limited (NIRL) has won SJVN Limited’s auction for the development of 265 MW/530 MWh standalone battery energy storage system (BESS) projects in Haryana at a tariff of Rs 235,000 per MW per month. The tender, valued at approximately Rs 6.36 billion, comprises two projects with capacities of 250 MW/500 MWh and 15 MW/30 MWh. The...
India's battery energy storage system (BESS) capacity is projected to reach 45-50 GWh by the next financial year, a substantial increase from approximately 1 GWh in the last financial year. This growth is attributed to a robust project pipeline and ongoing policy support.
NTPC and EDF Power Solutions India, a wholly owned subsidiary of EDF France, have signed a 50:50 joint venture agreement to pursue power projects in India and neighbouring countries. The new venture will develop, own and operate pumped storage, hydropower and other renewable energy projects. It will also undertake activities in power distribution,...
Patratu Vidyut Utpadan Nigam Limited (PVUNL), a subsidiary of NTPC Limited, has signed a Memorandum of Agreement (MoA) with Artificial Limbs Manufacturing Corporation of India (ALIMCO) to support differently-abled individuals.
NTPC and EDF Power Solutions India have established a 50:50 joint venture to develop and operate various energy projects, including pumped storage, hydropower, and other renewable energy initiatives. The partnership aims to support decarbonization efforts in India and neighboring countries.
The Competition Commission of India (CCI) has requested additional details from Adani Energy Solutions regarding its proposed ₹3,050-crore acquisition of IntelliSmart Infrastructure. The regulatory body's website indicated an "information incomplete" status for the combination, two months after the initial notice was filed on July 27.
Waaree Energies Limited’s board of directors approved the draft scheme of amalgamation of Indosolar Limited with Waaree Energies Limited and their respective shareholders. The proposed amalgamation aims to consolidate the companies’ assets and liabilities, integrate solar cell and module manufacturing into a single entity, and simplify the group...
🇮🇹 Italy is preparing to return to nuclear power after almost 40 years. The Italian Senate has given final approval to the government's plan to restart nuclear power generation, with advanced modular reactors expected to play a role in the country's future energy mix. The next step is implement...
India's non-fossil energy capacity has surpassed 300 GW, prompting a new power policy to address evolving sector challenges such as grid management and transmission expansion. The government is also promoting open access and domestic smart meter technology.