JV set up for renewable energy power plant for refineries

NTPC Green collaborates with Mahapreit for RE projects in Maharashtra

NTPC Green Energy Limited, a subsidiary of India's largest power utility NTPC Limited, has forged a partnership with Maharashtra Energy Development Agency (Mahapreit) to establish renewable energy parks and projects in Maharashtra. This collaboration signifies a significant step towards bolstering the renewable energy sector in the state and advancing India's transition towards sustainable energy sources.

Under the agreement, NTPC Green Energy and Mahapreit will work together to identify suitable locations for the development of renewable energy parks across Maharashtra. These parks wil..

NTPC, Mahapreit Partner for 10 GW Renewables

NTPC Limited, India's largest power utility, has entered into a Memorandum of Understanding (MoU) with Maharashtra State Electricity Transmission Company Limited (Mahapreit) to develop 10 gigawatts (GW) of renewable energy projects in Maharashtra. This collaboration underscores the commitment of both entities to accelerate the adoption of clean and sustainable energy solutions in the state.

Under the MoU, NTPC and Mahapreit will collaborate on the development of solar, wind, and other renewable energy projects with a combined capacity of 10 GW. The partnership aims to harness Maharashtr..

NTPC REL Secures Land for 900 MW Solar

NTPC REL, a subsidiary of NTPC Limited, has successfully secured land for the development of a massive 900 MW solar power project. This significant milestone highlights NTPC REL's commitment to expanding its renewable energy portfolio and contributing to India's ambitious renewable energy targets.

The acquisition of land for the 900 MW solar project underscores NTPC REL's strategic approach to renewable energy development, leveraging its expertise and resources to drive large-scale solar projects. Once operational, the project is expected to make a substantial contribution to India's r..

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..