india electric grid

Forecast on revenue from microgrid investments

Revenue from microgrid investments in Asia Pacific will likely reach $7.7 billion by 2031, and microgrid revenue in Middle East & Africa is expected to reach $8.9 billion by 2031, a report from Guidehouse Insights...

US offers $13 bn in funding to modernize power grids

The Department of Energy (DOE) is soliciting grant applications for $13 billion in new financing under the bipartisan infrastructure bill for the expansion and...
Dollar in Green Business

World Bank offers $497 mn to repurpose Eskom’s power plant using renewables

World Bank has offered $497 million in financing for decommission and repurpose one of state-owned power utility Eskom’s coal-fired power plants in South African...

Adani wins contract to install 1.80 mn smart meters for BEST power consumers

The Adani Group has won a Rs 1,250 crore contract to install 1.80 million Smart Meters for electricity consumers of the Bombay Electric Supply...
Schneider Electric digital

Schneider Electric to invest $46 mn in manufacturing plants

Schneider Electric announced it will invest about $46 million in its Lexington, KY and Lincoln, NE manufacturing plants. Schneider Electric said the investment is aimed...
india electric grid

Alcoa inks PPA with Endesa to restart San Ciprian aluminum smelter in Spain

Alcoa Corporation announced a power purchase agreement with Endesa to support the restart of the San Ciprian aluminum smelter in Spain. Endesa, a subsidiary of...
NTPC India power project

NTPC achieves 15% growth in power generation in first half

India’s NTPC Group recorded a generation of 203.5 BU from April to September 2022, registering an increase of 15.1 percent from 176.8 BU generated...
Mavi Zingoni of GE Power

GE hires Mavi Zingoni to head power business

General Electric (GE) has hired Mavi Zingoni to head the company’s power unit, which comprises its gas, steam and nuclear power businesses, Reuters news...
NTPC India power project

NTPC buys Jhabua Power

NTPC, India’s largest power producer owned by the government, has acquired Jhabua Power (JPL) through Corporate Insolvency Resolution Process initiated by National Company Law...
Torrent Power

IEEFA recommendations for India power sector reforms

The latest report from the Institute for Energy Economics and Financial Analysis (IEEFA) has revealed recommendations for Indian power sector reforms. The transition to a resilient...




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