A newly-released report by Avener Capital suggests that India’s rollout of 25 crore smart meters, under the Revamped Distribution Sector Scheme (RDSS), presents close to a $20-billion opportunity with AMISP project awards expected to grow at a compounded annual rate of around 25 per cent.
ASEAN countries have committed to long-term net-zero targets but recent trends show that they are tackling decarbonization largely in an independent manner which is costly and inefficient.
The power distribution sector as well as renewable energy are set to dominate the lending portfolio of Power Finance Corporation (PFC) during FY25.
The quantum of interregional electricity transfer through HVDC lines appears to have increased significantly in FY24, as borne out by newly-released statistics by GRID-INDIA.
Fiscal year FY24 saw frenzied action in the ISTS-TBCB power transmission space with a record number of schemes getting awarded.
The 8th edition of RenewX – south India’s biggest expo on renewable energy and electric vehicles – will be held at Hitex, Hyderabad, on April 26 and 27, 2024. Julian Thomas, Senior Project Director – Renewable Energy & Battery Portfolio, Informa Markets India Pvt Ltd, the event organizer, gives a comprehensive overview on this mega event.
Jaipur-headquartered RMC Switchgears is very optimistic on a significant growth in operating revenue, following the proposed capacity expansion of its manufacturing plant at Jaipur in Rajasthan.
A study by CareEdge Ratings estimates that advance metering infrastructure is likely to provide additional cumulative revenue potential of around Rs. 4.5 lakh crore to discoms, in the next seven years, up to FY31.
In a recent interaction with power PSUs and industry stakeholders, R.K. Singh, Union Minister for Power and New & Renewable Energy, said that the government has decided to add 80 GW of thermal power capacity by FY32.
India is making great strides in harnessing renewable energy to meet its growing power demands and combat environmental challenges. Among the innovative solutions emerging in this journey, floating solar projects stand out as a game-changer.