NEWS

2024-05-17

Reliance Sells REC Solar Norway to Elkem for $22 Million

Reliance Industries Ltd announced on Thursday the completion of the sale of its subsidiary, REC Solar Norway AS, to Oslo-listed Elkem ASA for approxim...

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2024-05-17

MNRE Eases Approval Process for CPSU Solar Parks

In a significant move to streamline the approval process for solar park development, the Ministry of New & Renewable Energy (MNRE) has announced exemp...

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2024-05-17

IEX reports 13.7% spike in annual volume; 110.1 billion units in FY24

The Indian Energy Exchange (IEX) disclosed a notable 13.7% uptick in total volumes, reaching 110.1 billion units (BU) for the fiscal year ending March...

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2024-05-17

Enfinity Global Inc. secures $135 mn financing with CPP Investments

Enfinity Global Inc. has finalised a $135 million financing agreement with the Canada Pension Plan Investment Board (CPP Investments) for the developm...

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2024-05-17

LIC Housing Finance net profit dips 9.14% in Q4 of FY24; Rs 10.8206 bn

LIC Housing Finance disclosed a 9.14 % decline in its net consolidated profit for the quarter ending March 31, 2024. Its profit after tax reached Rs 1...

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2024-05-17

Morocco to expand energy capacity by 9 gigawatts; 6.5 for renewables

Leila Benali, Energy Minister, Morroco, speaking at a conference on batteries in Rabat, revealed that out of the $7 billion investment planned by Moro...

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2024-05-17

Thermal Power PLFs Remain Strong Despite Demand-Supply Gap

According to a recent analysis by India Ratings and Research (Ind-Ra), thermal power Plant Load Factors (PLFs) are expected to maintain robust levels ...

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2024-05-17

Singareni Collieries Issues Consultancy for Solar Project

Singareni Collieries Company Limited (SCCL), a major coal mining company in India, has released a consultancy tender for a new solar project. This ini...

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2024-05-17

Rajasthan Regulator Greenlights MW Solar Project

The Rajasthan Electricity Regulatory Commission (RERC) has granted approval for a new solar power project with a capacity of several megawatts (MW). T...

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2024-05-17

Railways Calls for Bids for Varanasi Division Projects

Indian Railways has initiated the bidding process for various infrastructure projects in the Varanasi division. These projects aim to enhance rail con...

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