India inches closer to non-fossil fuel target as renewable energy capacity crosses 200 GW
New Delhi: India’s total renewable energy capacity has crossed 200 GW (gigawatt), aligning with the country's ambitious renewable energy target of achieving 500 GW from non-fossil sources by 2030.
Coal India removes limit on procurement for power generation units
Kolkata: State-owned miner Coal India Ltd (CIL) has removed all limits on the amount of coal power generation units can procure, allowing plants with fuel supply agreements (FSA) to acquire as much coal as needed.
Power Grid Corporation March qtr PAT drops 4% to Rs 4,166.33 cr
Mumbai: State-owned Power Grid Corporation reported a nearly four percent decrease in its consolidated net profit to Rs 4,166.33 crore for the March 2024 quarter, primarily due to a slight decline in income.
Renewable Energy now accounts for over 70% of India's new power generation: Report
New Delhi: Renewable energy (RE) accounted for over 70 percent of the 26 gigawatts (GW) of newly generated power in India during the fiscal year 2023-2024, media reported.
NTPC Group achieves its fastest-ever 300 Billion Units electricity generation
New Delhi: Government-owned NTPC Group has achieved the fastest ever 300 Billion Units (BU) electricity generation on 18th December 2023, the Ministry of Power said on Tuesday.
Tata Power's market cap crosses Rs 1 lakh crore
Mumbai: Tata Power’s market capitalization has crossed Rs 1 lakh crore (1 trillion), making it the second infrastructure and sixth company from Tata Group to achieve this milestone, the company said in a press release.
NTPC registers highest ever power generation of 400 BU in FY23, a growth of 10.80%
New Delhi/IBNS: State-run power generator NTPC has registered the highest-ever output of 400 BU in FY23, a growth of 10.80% vis-à-vis the previous year, according to an official statement.
India’s commitment at COP 26 achievable with support of all stakeholders
Kolkata/IBNS: India has achieved not only the 40% of stalled capacity in non-fossil fuel committed in COP-22 but also completed rural electrification and all household electrification in record time, according to Ghanshyam Prasad, Joint Secretary of Ministry of Power.
Ministry of Power approves new ISTS projects of Rs 15893 crore
New Delhi/IBNS: Union Minister of Power and Ministry of New and Renewable Energy (MNRE) have approved 23 new Inter State Transmission System Projects (ISTS) with an estimated cost of Rs 15893 crore.
Tata Power's Generation crosses 52,000 MUs for the first time in FY17
Mumbai/ Kolkata, May 22 (IBNS): Tata Power, India's largest integrated power company, on Monday announced that the Company’s generation, for the first time, has crossed 52,000 Million Units (MU), collectively from all its power plants in FY17.