New Delhi : With the aim to augment its sustainability initiatives, The Oberoi Group has signed a Memorandum of Understanding (MoU) with Energy Efficiency Services Limited (EESL), a joint venture of 4 PSU’s under the Ministry of Power. EESL through its Building Energy Efficiency Program (BEEP) will assist The Oberoi Group in implementing several well-established […]
ReNew Power Pledges to Achieve Net Zero Emissions by 2050
Clean energy firm ReNew Power on Thursday said it is committed to achieving net-zero emissions by 2050. New Delhi : Clean energy rm ReNew Power on Thursday said it is committed to achieving net-zero emissions by 2050. With this commitment, ReNew Power aims to help address the global climate crisis and lead the way in […]
Tata Power reports outstanding borrowing of Rs 16,504.4 crore
The company said that “outstanding borrowing of the company as on March 31, 2021, (original maturity more than 1 year)” was Rs 16,504.41 crore. New Delhi: Tata Power on Thursday said its total outstanding borrowing stood at Rs 16,504.41 crore at the end of March 31. The company made the disclosure in a filing to […]
Power minister R K Singh meets John Kerry, discusses energy transition and emission reduction
The delegation led by Singh pointed out that India was the only major economy whose energy transition was consonant with a sub two-degree rise in temperature. New Delhi: Minister of State for Power and New and Renewable Energy, RK Singh on Wednesday met US Special Presidential Envoy for Climate, John Kerry, wherein he discussed India’s […]
Monitor, aid implementing agencies to achieve 175 GW renewable energy by 2022: Par panel to MNRE
According to the report, the MNRE has continuously failed to achieve its yearly physical targets. New Delhi: A parliamentary panel has asked the Ministry of New and Renewable Energy (MNRE) to monitor working of the implementing agencies on a real-time basis and aid them help achieve a target of having 175 gigawatts (GW) of renewable […]
Average spot power price jumps 65 per cent to Rs 4.06 per unit at IEX
According to IEX data, average spot power price in DAM was Rs 2.46 per unit in March 2020 and Rs 3.39 per cent in February 2021. New Delhi: Average spot power price rose by 65 per cent to Rs 4.06 per unit in March compared to the year-ago month at Indian Energy Exchange (IEX) mainly […]
NTPC Group total installed capacity reaches 65,810 MW
New Delhi : With successful completion of trial operation by Unit-2 of 660 MW capacity of Tanda Super Thermal Power Station in Uttar Pradesh (U.P) Stage-II (2 x 660 MW), the NTPC installed capacity has risen to 65,810 MW NTPC is striving to achieve highest reliability and efficiency keeping safety and environment issues on top. […]
Discoms’ outstanding dues to power gencos rise nearly 17pc in Feb
Power producers rose nearly 17 per cent to Rs 1,02,684 crore in February this year, reflecting persistent stress in the sector. New Delhi: Total dues owed by electricity distribution companies to power producers rose nearly 17 per cent to Rs 1,02,684 crore in February this year, reflecting persistent stress in the sector. Distribution companies (discoms) […]
Environment Ministry sets new deadlines for thermal power plants to meet emission norms
A task force will be constituted by the Central Pollution Control Board (CPCB) to “categorise thermal power plants (TPPs) in three categories on the basis of their location”, the ministry said in the notification dated April 1. New Delhi: The Environment Ministry has amended rules allowing thermal power plants within 10 kilometres of the National […]
Cabinet approves MoU with France on renewable energy
The objective of the MoU is to establish the basis for the promotion of bilateral cooperation in the field of new and renewable energy on the basis of mutual benefit, equality and reciprocity. New Delhi: The Union Cabinet on Wednesday approved the signing of a Memorandum of Understanding (MoU) between India and the French Republic […]