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Wind equipment manufacturers’ profit margins and revenue have taken a beating as India is expected to add only 2,000 MW capacity in 2018-19. The wind industry has been able to utilise only 20% of its annual capacity of 10,000 MW this year. https://economictimes.indiatimes.com/industry/energy/power/low-capacity-addition-of-2000-mw-in-fy19-hurting-wind-equipment-makers-says-suzlons-tulsi-tanti/articleshow/67617606.cms

After few episodes of minor delay, 720 Megawatt Mangdechhu Hydroelectric Project in Bhutan is likely to come alive by the end of February. India is a major stakeholder in the Rs 4000 crore worth green power project that is planned to supply mammoth amount of energy to India at a favorable. https://economictimes.indiatimes.com/industry/energy/power/4-5k-crore-hydro-project-mangdechhu-to-start-producing-by-end-of-next-month/articleshow/67528519.cms

State-owned power equipment maker BHEL has won an order worth Rs 565 crore from Singareni Collieries Company for setting up solar photovoltaic (SPV) power plants in Telangana. Bharat Heavy Electricals Ltd (BHEL) order valued at Rs 565 crore is the largest SPV power plant order won by BHEL till date. https://economictimes.indiatimes.com/industry/energy/power/bhel-bags-rs-565-cr-order-for-solar-power-plants-in-telangana/articleshow/67523182.cms

Adani Green Energy (AGE) acquired 51 per cent equity share capital of Kodangal Solar Parks Pvt Ltd (KSPPL) from FS India Devco Pvt Ltd for about ₹1.69 crore. AGE held 49 per cent stake in KSPPL. KSPPL was incorporated in August 2015 and has set up 20 MWac solar power project at Bagewadi, Karnataka. https://www.thehindubusinessline.com/companies/adani-green-energy-acquires-remaining-51-per-cent-stake-in-kodangal-solar-parks/article25980090.ece

The upcoming Vibrant Gujarat Global Summit 2019 (VGGS) expects to see commitment of investments worth a whopping Rs 50,000 crore in the renewable energy sector in the state. The state-owned Gujarat Power Corp Ltd (GPCL) will be laying the foundation stone for the biggest 5000mw solar power park worth Rs 25,000 crore within the Dholera […]

As many as 16 hydro power projects of 5,950 MW capacity are stalled due to financial constraints and other reasons, which may prompt the government to bring in a hydro policy at the earliest. A total of 37 hydro power projects of 12GW generation capacities are under construction in the country.  https://economictimes.indiatimes.com/industry/energy/power/5950-mw-hydro-projects-stalled-policy-for-revival-on-the-cards/articleshow/67404406.cms

State-owned BHEL has successfully commissioned a 800 MW thermal unit within a record time of 46 months in Telangana. The 800 MW set has been commissioned at Kothagudem Thermal Power Station (KTPS) of Telangana State Power Generation Corporation (TSGENCO). https://economictimes.indiatimes.com/industry/energy/power/bhel-commissions-800-mw-thermal-power-plant-in-46-months-in-telangana/articleshow/67394287.cms

State-owned Power Grid Corporation Thursday said its board has approved investment proposals worth Rs 379.45 crore. The board also approved investment for ‘Reliable Communication Scheme under Central Sector for Western Region’ at an estimated cost of Rs 112.12 crore with commissioning schedule of 36 months from the date of the approval. https://www.business-standard.com/article/companies/power-grid-corporation-board-approves-investments-worth-rs-379-45-crore-119010301004_1.html

BSES Rajdhani Power Limited (BRPL) and BSES Yamuna Power Limited (BYPL) have signed agreements with Solar Energy Corporation of India to procure 200 MW of wind-power. The 100-MW each power is expected to be available to the two Delhi discoms from FY 2020-21 for a period of 25 years at a tariff of Rs 2.84 per […]

The Competition Commission has approved Renascent Power Ventures’ acquisition of 75 per cent stake in Prayagraj Power Generation. Renascent had signed a share purchase agreement (SPA) with a consortium of lenders led by State Bank of India (SBI) to acquire 75.01 per cent stake in PPGCL, which owns and operates a 1,980 MW supercritical power […]