SJVN to set up 10,000 MW of green energy projects in Rajasthan

SJVN Initiates Groundbreaking Green Hydrogen Project

SJVN, a leading renewable energy company, has launched a pioneering project to produce green hydrogen, marking a significant milestone in the global transition towards sustainable energy solutions. This initiative underscores SJVN's commitment to environmental stewardship and its dedication to fostering innovation in the renewable energy sector.

Green hydrogen, produced through electrolysis powered by renewable energy sources such as solar and wind, holds immense potential as a clean, versatile fuel with zero emissions. SJVN's project aims to leverage this potential by harnessing the p..

SGEL seeks bids for 400 MW MSEDCL solar projects Maharashtra

SJVN Green Energy (SGEL) had announced the invitation for online bids via an open tender for the 400 MW MSEDCL solar project across Maharashtra. It was mentioned that these bids were to be invited following a single-stage two-envelope format. The first envelope, Envelope-I, was designated for the techno-commercial bid, while the second envelope, Envelope-II, was for the price bid.

The SGEL project was planned to be executed with a reverse auction for the balance of system (BoS) package, which would include power evacuation. Additionally, it would entail a three-year comprehensive opera..

IIFCL has sanctioned over 760 projects of about Rs 13.8 trillion

What are the top three sectors in IIFCL’s loan portfolio mix?
So far, IIFCL has sanctioned more than 760 projects with a total project outlay of ~Rs.13.8 trillion, the majority of which are PPP projects. As on 31 March 2024, IIFCL’s total sanctions and disbursements on a cumulative basis exceed Rs.2.5 trillion and Rs.1.25 trillion, respectively. The outstanding loan book stands at over Rs.500 billion as on 31 March 2024.

IIFCL provides finance to all subsectors in the harmonised infrastructure sector list, like power, ports, roads, airp..

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..