UPC Initiates Bidding for RDSS Works in Haldwani

Uttarakhand Extends Solar tariff for MSSY projects

Uttarakhand continues generic solar tariff for Mukhyamantri Saur Swarojgar Yojna (MSSY) projects The Uttarakhand Electricity Regulatory Commission (UERC) has decided to extend the current generic tariff of Rs 4.64 (~$0.55)/kWh for solar projects under the Mukhyamantri Saur Swarojgar Yojna (MSSY) for the fiscal year 2023-24. This tariff will remain in effect for three years, concluding on March 31, 2026. The MSSY program was initiated with the aim of allocating 10,000 small solar power projects, each with capacities of 20/25 kW. As of March 2023, a total of 150 such projects, cumulatively amou..

Adani Energy Acquires Essar's Transmission Assets

Adani Energy has finalised the acquisition of Essar's Mahan and Sipat transmission assets for a sum of Rs 1900 crore. This significant move underscores Adani's strategic expansion within the energy sector and consolidates its position as a key player in India's power transmission domain.

The acquisition of Essar's transmission assets represents a strategic investment for Adani Energy, enabling the company to augment its infrastructure and bolster its transmission network. With the addition of these assets, Adani strengthens its operational footprint, enhancing its capacity to deliver r..

IEX Q4 Net Profit Grows 9.5%

The Indian Energy Exchange (IEX) has reported a significant uptick in its net profit for the fourth quarter, marking a notable growth of 9.5%. This financial performance underscores the resilience and strength of the company's business model in navigating through dynamic market conditions within the energy sector.

The impressive growth in net profit reflects IEX's robust operational performance and effective strategic initiatives aimed at enhancing efficiency and driving sustainable value creation. As a leading power trading platform in India, IEX plays a pivotal role in facilitating t..