Grid

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Karnataka Floats EPC Tender for 1.2 MW Solar Project

The Karnataka Renewable Energy Development (KREDL) has floated a tender for the engineering, procurement, and construction of a 1.2 MW ground-mounted, grid-connected...

December 19, 2024

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Staff

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Grid

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Solar

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Tenders & Auctions
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POWERGRID to Raise ₹42.5 Billion via Bonds Issue

Government-owned transmission utility Power Grid Corporation of India (POWERGRID) has approved the issuance of bonds worth up to ₹42.5 billion (~$499.62 million) on a...

December 19, 2024

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Arjun Joshi

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Finance and M&A

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Grid

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Solar
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Jaipur DISCOM Floats EoIs for 62 MW Solar Projects Under KUSUM

Jaipur Vidyut Vitran Nigam (JVVNL) has invited two expressions of interest (EoI) for grid-connected solar power projects with a cumulative capacity of 62.16 MW under...

December 18, 2024

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Staff

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Grid

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Solar

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Tenders & Auctions
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Sterlite Power Raises ₹7.25 Billion from GEF Capital and ENAM Holdings

Sterlite Power, a Mumbai-based power transmission company, has raised ₹7.25 billion (~$87 million) from GEF Capital Partners and ENAM Holdings for its Global Products...

December 17, 2024

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Staff

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Finance and M&A

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Grid
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Government Approves Projects to Evacuate 2.5 GW Solar Energy in Madhya Pradesh

The Ministry of Power has approved transmission works to evacuate a cumulative 2,500 MW of renewable energy in Madhya Pradesh. On the recommendations of the 24th meeting...

December 16, 2024

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Staff

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Grid

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Renewable Energy

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T&D
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G R Infraprojects Bags Project to Strengthen Transmission System in Karnataka

Construction and engineering company G R Infraprojects has been awarded a contract from PFC Consulting to establish an inter-state transmission system (ISTS) to...

December 16, 2024

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Arjun Joshi

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Grid

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Tenders and Auctions
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PGCIL Bags Project to Strengthen Transmission System in Karnataka

The Power Grid Corporation of India (PGCIL) has been awarded PFC Consulting’s inter-state transmission system (ISTS) strengthening project to evacuate renewable energy...

December 13, 2024

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Staff

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Grid

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T&D

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Tenders & Auctions
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Better Forecasting Tools Vital to Prevent Deviations by Renewable Energy Generators

The Central Electricity Regulatory Commission (Deviation Settlement Mechanism and Related Matters) Regulations, 2024 aim to bring precision and stability to India’...

December 13, 2024

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Parinay Deep Shah

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Grid

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Market & Policy
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EV Charging Company Greenie Energy Secures $600,000 in Seed Funding

Mumbai-based Greenie Energy, a start-up specializing in electric vehicles (EV) charging technology, has raised $600,000 in a seed funding round from a group of investors...

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Torrent Power Raises ₹35 Billion in Qualified Institutional Placement

Gujarat-based energy generation and transmission company Torrent Power has raised ₹35 billion (~$412.77 million) through qualified institutional placement (QIP) of...

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DISCOMs Owe Power Generators ₹653 Billion in November

State power distribution companies (DISCOMs) owed power generators ₹653.51 billion (~$7.71 billion) in total dues for the monthly billing cycle in November 2024,...

December 3, 2024

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Arjun Joshi

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Grid

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Market & Policy

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