Gold
Goa launches solar based electrification programme for remote villages
Energy Efficiency Services Ltd (EESL) subsidiary Convergence Energy Services Ltd (CESL) has entered a pact with Goa Energy Development Agency (GEDA) to install solar PV-based home lighting systems for remote villages in Goa.
As a part of the agreement, CESL will install and maintain solar PV systems for five years under the Remote Village Electrification (RVE) programme of the Goa government.
CESL will undertake the project across villages of Goa in coordination with Gram pancha..
Adani Transmission bags second package of REC reverse auction
Electric power transmission major Adani Transmission Ltd (ATL) has won the auction for the second package of Madhya Pradesh’s intra-state electricity transmission infrastructure project.
In the reverse auction held by REC Ltd, Adani Transmission placed a levelised tariff bid of Rs 132.65 crore, the lowest among the four bidders. Power Grid Corporation of India Ltd (PGCIL) bid at Rs 146.3 crore, the highest among the bidders, including Dilip Buildcon and Sterlite Grid Twenty-Eight.
PFC, REC sign up for Bhutan hydro project
State-owned companies Power Finance Corporation (PFC) and REC Ltd and have inked a pact with Bhutan based Kholongchhu Hydro Energy Ltd (KHEL) to finance a 600 megawatt (MW) hydroelectric project at Trashiyangtse in Bhutan.
KHEL is a 50-50 joint venture (JV) between Druk Green Power Corporation (Bhutan) and SJVN India, set up for developing the 600 MW Kholongchhu hydroelectric project in eastern Bhutan.
PFC and REC Ltd signed a memorandum of understanding (MoU) with KHEL, ..
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..
