Torrent Power Limited, one of the leading power companies in India, has recently announced its acquisition of a 156 MW thermal power plant in West Bengal’s Haldia district. The deal has been signed with CESC Limited, Haldia Energy Limited, and other shareholders for a consideration of Rs. 7.9 billion. The Read more
Reliance New Energy Solar, a subsidiary of Reliance Industries Limited, has recently announced its acquisition of a 51% stake in Solar Sterling & Wilson for Rs. 28 billion. The deal is expected to strengthen Reliance’s presence in the solar energy sector and enable the company to expand its renewable energy Read more
Reliance New Energy Solar, a subsidiary of Reliance Industries Limited, has recently made a significant move in the renewable energy sector by acquiring REC Solar Holdings for $771 million. The acquisition is expected to strengthen Reliance’s position in the solar energy market and enable the company to expand its renewable Read more
ndia’s efforts to reduce CO2 emissions in the electricity sector have been a topic of interest, especially with the country’s commitment to achieving its National Determined Contributions (NDC) under the Paris Agreement. India has made significant progress in promoting renewable energy sources and adopting energy efficiency measures to achieve its Read more
Electricity is one of the essential components of modern society, and its availability plays a significant role in the economic development of any country. India, being the world’s seventh-largest country and the second-most populous country, has a huge demand for electricity. In recent years, India has been rapidly expanding its Read more
The National E-Mobility Dashboard, launched by the Ministry of Power in collaboration with the National Institution for Transforming India (NITI) Aayog, aims to accelerate the transition to electric mobility in India by providing real-time data and insights into the growth of the sector. The dashboard provides a comprehensive overview of Read more
India’s power sector has undergone a significant transformation, but challenges still persist. The distribution companies (discoms) continue to incur losses, leading to delayed payments to generators and hindering the necessary investments for transitioning to renewable energy. The tension between the need for low-rate electricity as a public service and the Read more
India’s electricity market is on the verge of transformation with the country’s ambitious renewable energy targets and increasing penetration of distributed energy resources. To support this transition, the Rocky Mountain Institute (RMI) released a report titled “Transforming India’s Electricity Markets” in collaboration with NITI Aayog and Shakti Sustainable Energy Foundation. Read more
As India continues to develop and modernize its energy sector, the cost of power purchase is an important metric to monitor. The Rocky Mountain Institute’s report on India’s electricity market provides insight into the trends in the national average power purchase cost over the past few years. The report shows Read more
The Indian electricity market is a complex system that involves multiple entities responsible for different aspects of power generation, transmission, and distribution. Each entity has a specific role to play in ensuring that the electricity supply is stable, reliable, and affordable. In this blog post, we will explore the different Read more