NLCIL establishes unit for green project execution
PSUs partner with Rajasthan for energy projects
NTPC, along with its subsidiary NTPC Green Energy, Coal India, and NLC India, entered into separate memoranda of understanding with Rajasthan Rajya Vidyut Utpadan Nigam for the establishment of thermal and renewable energy projects.
The MoU between NTPC and RVUNL was signed with the intention of exploring opportunities to incorporate supercritical units into the existing Chhabra thermal power plant. The companies expressed their goal to implement measures that would enhance efficiency and decrease the generation cost of the plant's existing units.
The MoU between NTPC Green Ene..
Coal Ministry promotes CPSE diversification
The Coal Ministry announced that it was actively encouraging extensive diversification within central public sector units, including Coal India, aligning with the country's commitment to a varied energy mix. The ministry, which has administrative control over two large Central Public Sector Enterprises (CPSUs) - Coal India (CIL) and NLC India (NLCIL), expressed its commitment to diversifying the energy mix.
In a statement, the coal ministry stated, "The Ministry of Coal is actively promoting extensive diversification within CPSEs, establishing pit-head TPPs, solar power plants, coal/li..
NLC India Secures Solar Bid
NLC India, a stalwart in the energy sector, has emerged victorious in a groundbreaking venture by securing the bid for supplying central inverters for a colossal 600MW solar project. The company, known for its commitment to sustainable energy solutions, has positioned itself as a key player in advancing India's renewable energy landscape.
This strategic move underscores NLC India's dedication to fostering clean energy initiatives, aligning seamlessly with the nation's ambitious renewable energy goals. The 600MW solar project signifies a substantial leap towards harnessing solar power o..
Jindal Steel & Power's Q4 Profit After Tax Doubles to Rs 9.33 Bn
Jindal Steel & Power Limited (JSPL) has reported a remarkable achievement in its financial performance for the fourth quarter, with its profit after tax (PAT) doubling to Rs 9.33 billion. This significant growth underscores the company's robust operational performance and strategic initiatives, reflecting its resilience and adaptability in the competitive steel and power sectors.
The doubled PAT for the fourth quarter is a testament to JSPL's effective management strategies and operational efficiency. It signifies the successful execution of the company's growth plans and its ability to..
India's Peak Power Demand to Surge
India is bracing for a substantial increase in peak power demand this May, with the Power Ministry forecasting a daytime peak of 235 GW and an evening peak of 225 GW. This surge underscores the country's escalating energy needs amid rising temperatures and economic activities.
The anticipated peak demand is significantly higher than previous records, reflecting the growing consumption patterns driven by urbanisation, industrial activities, and increased usage of air conditioning. The Ministry's projections are based on data from the Central Electricity Authority (CEA), which monitors a..