13th March’ 23: CEID Consultant and Engineering Pvt Ltd has achieved another milestone in sustainable energy with the inauguration of Indian Oil Corporation Ltd’s second Compressed Biogas (CBG) plant in Gorakhpur, Uttar Pradesh. The Honorable Chief Minister of Uttar Pradesh, Shri Yogi Adityanath, officially inaugurated the state-of-the-art facility on...
Coal India Limited (CIL) has signed a memorandum of understanding (MoU) with Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL) for exploration and execution of 4,100 MW capacity power projects. The proposed electricity generation would be through a mix of coal fired thermal power plant (TPP), solar projects, pump storage plant...
Power Grid Corporation of India Limited (Powergrid) has signed memorandum of understanding (MoU) with Rajasthan Rajya Vidyut Prasaran Nigam Limited (RRVPNL) to incorporate a joint venture (JV) company for development of intra state transmission system in Rajasthan with an equity participation of 74 per cent by Powergrid and 26...
• Strategic Equity Dilution: Servotech EV Infra has successfully diluted 6%* equity at a pre-money valuation of Rs. 200 Crores. This investment will provide crucial resources to propel the company's growth and expansion plans. • Appointment of Prem Prakash as CEO and Neeraj Gupta as AVP Operations: Seasoned industry...
Results for Solar Energy Corporation of India Limited’s (SECI) auction to develop 1,500 MW inter-state transmission system connected solar power projects, tranche XIII, have been announced. The tender for the project was issued in December 2023. The project will be located in India. NTPC Renewable Energy has won 250...
Noida : Best Power Equipments India (BPE) announces the significant milestone within the organisation. BPE has promoted Mr. Deepti Ray to the position of Chief Business Officer (CBO) at Best Power Equipments India Pvt Ltd. Deepti Ray has been associated with BPE for over 14 years now. He has showcased exceptional dedication and...
Tata Power Solar Systems Limited (TPSSL) has declared the continuation of its collaboration with Union Bank of India (UBI). The renewed partnership is geared towards providing financial solutions for residential customers in line with the Government’s PM Surya Ghar Muft Bijli Yojana, as well as catering to the financing...
Matrix Gas & Renewables has secured Rs 3.5 billion in the pre-IPO round. With this recent capital infusion, Matrix is now poised to expedite its growth endeavors, focusing on increasing market presence in gas aggregation, procuring city gas distribution assets, and supporting ongoing capital expenditure plans. This funding round will...
The Oil and Natural Gas Corporation (ONGC) is set to collaborate with EverEnviro Resource Management in establishing compressed biogas plants (CBG) nationwide. ONGC’s board has granted approval for the creation of joint venture (JV) companies with EverEnviro and another entity, aiming to establish 15 CBG plants. Additionally, the board...
The Ministry of Power (MoP) has amended the Electricity (Late Payment Surcharge and Related Matters)  (Amendment) Rules, 2024 in order to ensure adequate supply of electricity to meet the growing demand in the country. The amendments will enhance the reliability of power supply for all consumers. A key amendment which has been...