National Company Law Tribunal (NCLT), Hyderabad bench approved NHPC’s Resolution Plan for taking over Jalpower Corporation Limited (JPCL) as going concern vide its order dated 24.12.2020 and uploaded the same on its website on 07.01.2021. JPCL was executing 120 MW Rangit Stage-IV Hydroelectric Project in Sikkim. The Company is currently undergoing Corporate Insolvency Resolution Process (“CIRP”) which was initiated on April ...

Energy Efficiency Services Limited (EESL), a Super Energy Service Company (ESCO) under the administrative control of Ministry of Power, Government of India, will procure 250 electric vehicles from Tata Motors and Hyundai Motor India. The companies were selected through an international competitive bidding process, which was aimed at increased participation. Tata Motors Limited and Hyundai Motor India Limited won the ...

NTPC Ltd., a central PSU under Ministry of Power and country’s largest power generation     company, has developed an infrastructure at Rihand project in Uttar Pradesh to transport fly ash in bulk to cement plants, located at distance, at a cheaper cost. The development is in line with NTPC’s commitment towards 100 percent utilization of fly ash from power plants. As ...

Power Grid Corporation of India Limited (POWERGRID), a ‘Maharatna’ Company under Ministry of Power, GoI and the ‘Central Transmission Utility (CTU)’ of the country, has posted a Profit After Tax of ₹2,048 crore and Total Income of ₹9,817 crore on consolidated basis for Q1FY21. On standalone basis, the Company posted Profit After Tax and Total Income of ₹1,979 crore and ...

  According to a statement issued by NTPC Ltd., NTPC Group has achieved over 100 Billion Units (BUs) of cumulative generation in the current financial year, reinforcing group’s commitment towards excellence in operation across its plants. As per the data published by Central Electricity Authority (CEA), NTPC Korba (2600 MW) in Chattisgarh has emerged as the top performing thermal power ...

The Competition Commission of India (CCI) approves proposed acquisition of 49% of the total equity share capital of Odisha Power Generation Corporation Limited (OPGC) by Adani Power Limited (APL). The proposed transaction relates to the acquisition of 49% of the total equity share capital of OPGC by APL (Proposed Combination). APL, is a public listed company and its shares are ...

As per a statement by NTPC Ltd., a PSU under Ministry of Power and Country’s largest power generation company, it has achieved highest daily gross generation of 977.07 Million Unit (MU) on 28th July, 2020. NTPC total generation includes power generated from its Subsidiary and JV companies.NTPC stated that five of its power stations Korba, Sipat & Lara in Chhattisgarh, ...

Power Finance Corporation (PFC), a PSU under Ministry of Power and country’s leading NBFC, signed a MoA with Indian Institute of Technology- Kanpur (IIT-K) for Training, Research, and Entrepreneurship Development in Smart Grid Technology. Under the MoA, PFC will provide financial assistance of Rs. 2,38,97,000/- (Rupees Two Crore Thirty Eight Lakhs and Ninety Seven Thousand only) to IIT-K under its ...

Shri Raj Kumar Singh, Honourable Minister of State (Independent Charge) for Power and New & Renewable Energy (MNRE), Government of India, today in a virtual ceremony, dedicated Sembcorp’s state of the art SECI 1, 2 and 3 projects to the nation. Shri Bhanu Pratap Yadav, Joint Secretary, MNRE, along with several other dignitaries joined Wong Kim Yin, Group President and ...

TheNationalCentreofPolarandOceanResearch(NCPOR) has foundadramaticdeclinein the Arcticseaice due to globalwarming.Thedeclineofseaicehasledtolocalized increase in evaporation, air humidity, cloud cover, and rainfall. Arctic sea ice is a sensitive indicator of climate change and has strong retaliatory effects on other components of the climatesystem. In its observations, NCPOR has noted that the largest decline in Arctic sea ice in the past 41 years happened in July ...