India
NTPC’s installed capacity exceeds 73,000MW
This came following the operation of the Unit-2 of the Barh Super Thermal plant.
Avaada Group ends $1.3b funding found
This is the largest equity round raised amongst green energy firms in Asia.
World Bank provides $1.5b support for India’s energy transition
It will support the growth of renewable energy and green hydrogen development.
Sembcorp’s India wind unit proceeds with arbitration over 300 MW wind project contract
GIWEL filed a S$134.1m statement of claim against Siemens Gamesa Renewable Power Private Limited.
SJVN, Maharashtra power generation firm to develop 5,000MW renewable projects
They will explore the feasibility of various projects including hydro and pumped storage.
Tata Power to double capital expenditure in FY2022-2023
The company is allocating about $1.46b of investments this year.
India should revive thermal power plants over investing in new ones: report
IEEFA estimated that acquiring 6.1GW of stranded plants could help meet energy security needs.
SECI to provide 600MW wind power to GRIDCO Odisha
The two companies entered into a power sale agreement.
Tata Power unit’s 110 MW solar project goes online
The solar farm will supply electricity to the Kerala Electricity State Board.
India’s utility-scale solar addition to slow in 2023
The sector saw a record-high 14GW additions in 2022.
Adani unit commissions 130MW wind power in India
The plant has a 25-year power purchase agreement.
India’s RE capacity reaches 301GW
Around 172GW of the total had already been deployed.
India to craft carbon credit trading scheme
This will support the country’s goal to cut emission intensity.
Tata Power units to develop 200MW solar project in Rajasthan
The project is expected to be commissioned by March 2024.
Tata Power profit rises 77% YoY in FY23
All its business clusters showed robust growth during the period.
Azure Power names new CEO
He will assume the position on 10 July 2023.