Gujarat’s power distribution companies (DISCOMs) continued to top the Ministry of Power’s thirteenth annual integrated ratings with all four of its DISCOMs retaining...

The Japan Bank for International Cooperation (JBIC) has signed an agreement to set up a credit line of JPY120 billion (~$770.64 million) with the government-owned Power...

ACME Renewtech, a subsidiary of solar energy company ACME Solar Holdings, has secured  ₹19.88 billion (~$232.3 million) in term loan financing from the Power Finance...

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

Government-owned Power Finance Corporation (PFC) has transferred its special purpose vehicle Pune-III Transmission to Adani Energy Solutions, which emerged as the...

Government-owned Power Finance Corporation (PFC) has recorded a net profit of ₹43.70 billion (~$524.5 million) during the second quarter (Q2) of the financial year (FY)...

The Power Grid Corporation of India (PGCIL) has won PFC Consulting’s tender to evacuate 5.5 GW of renewable energy from the Jaisalmer/Barmer complex in  Rajasthan. The...

The Uttarakhand Electricity Regulatory Commission (UERC) has determined an additional surcharge of ₹1.12 (~$0.013) per unit for open-access consumers from October 1,...

Government-owned Power Finance Corporation (PFC) has announced the closure of its largest-ever foreign currency term loan, raising $1.265 billion. The deal was...

PFC Consulting has invited bids to select a transmission service provider to set up an inter-state transmission system (ISTS) at Fatehgarh-II PS, Fatehgarh-IV PS...

Tata Power Renewable Energy (TPREL) has won a contract to develop a 400 MW wind-solar hybrid project from Maharashtra State Electricity Distribution Company (MSEDCL)....

PFC Consulting, a wholly-owned subsidiary of Power Finance Corporation (PFC), has invited bids to select a transmission service provider to establish an inter-state...

Government-owned Power Finance Corporation (PFC) has reported a 20% increase in consolidated Profit After Tax (PAT), rising from ₹59.82 billion (~$712.6 million) in the...

The “Financing the Renewable Energy Sector” session at the Mercom India Renewables Summit 2024 brought together key industry leaders to discuss the current...

Power transmission company Sterlite Power has achieved financial closure for its Neemrana II Kotputli Transmission project by securing ₹13.73 billion (~$164.85 million)...