India’s energy era and transmission sectors are poised for substantial development, and because the nation enters a part of capex-driven GDP development, the facility depth ought to rise, stated Jefferies in its newest September report. The report added that the facility era and transmission sectors are projected to rise 2.2 instances to USD 280 billion … Read more
The Gujarat Electrical energy Regulatory Fee (GERC) accepted amendments made to the Energy Buy Settlement of Gujarat Mineral Improvement Company (GMDC) that provides 250 MW of energy from its energy plant in Kutch district of Gujarat. The important thing amendments to the PPA are elevated O&M price, greater return on fairness, adjusted station warmth fee lowering power … Read more
The cumulative excellent dues of the facility sector to Coal India (CIL) and Singareni Collieries Firm (SCCL), which account for over 90 per cent of India’s coal manufacturing, rose 42 per cent y-o-y to ₹24,392 crore on the finish of FY24. The excellent dues payable by thermal energy vegetation (TPPs) to the mining behemoth CIL … Read more
Energy sector lender REC on Tuesday reported a 23 per cent y-o-y progress in its consolidated web revenue at ₹3,308.42 crore for the October-December quarter of the present fiscal. Nevertheless, the state-run agency’s web revenue declined by nearly 13 per cent on a sequential foundation. REC’s consolidated complete revenue through the December quarter was greater … Read more
Essar Power Transition (EET) on Thursday stated that its plans for organising a low carbon hydrogen manufacturing facility within the UK has been given the inexperienced gentle. “Cheshire West and Chester Council has permitted groundbreaking plans by EET Hydrogen for the primary giant scale, low carbon hydrogen manufacturing plant (HPP1) within the UK situated on … Read more