Maharashtra, with an installed generation capacity of 13,602 MW, is set to become power surplus. Industry majors including Tata Power, Adani Power, Torrent Power, SoftBank Group, ReNew Power and Waaree Energies will invest a whopping Rs 1.30 lakh crore in generation (thermal, gas, solar and wind), transmission and distribution.
Tata Power said today that its CEO and Managing Director Anil Sardana has resigned due to personal reasons, effective April 30.
After occupying various top positions at different Tata Group companies for more than two decades, Tata Power chief executive officer Anil Sardana is understood to be soon putting in his papers, two persons with knowledge of the development said.
AES India, a subsidiary of US-based AES Corporation, and Mitsubishi Corp today started construction on India’s first utility-scale energy storagesystem, a 10 Megawatt (MW) facility that will serve the electric grid operated by Tata Power Delhi Distribution Ltd, the power distribution arm of Tata Power. The launch of the mega storage facility marks a key step forward in modernizing India’s power […]
Canada Pension Plan Investment Board (CPPIB) has agreed to invest $144 million in alternative energy firm ReNew Power as global investors continue to back clean energy assets in the country.
Tata Power on Friday said its Russian subsidiary Far Eastern Natural Resources LLC has bagged the mining licence for a thermal coal mine in Kamchatka province in far east Russia.
BEST may petition the Maharashtra Electricity Regulatory Commission (MERC) for a six-month extension of its power purchase agreement with Tata Power if open market bidding to pick the next supplier does not happen by March 31, when the present agreement expires.
In a big push to encourage energy efficient measures, especially rooftop solar power generation, India’s first rooftop solar plant on a carport at a commercial mall ‘Unity One’ in Rohini was inaugurated recently.
Tata Power Solar said today that it has commissioned India’s first solar carport on the rooftop of mall in the national capital.
Capital cost escalation, domestic coal availability issues, shortfall in domestic gas supply and drying up of long-term power purchase agreements (PPAs) have adversely affected the credit profile of leading IPPs (independent power producers).