The Central Electricity Authority (CEA) has approved two additional hydro-pumped storage projects (PSPs) in Maharashtra to ensure India's renewable energy goals, the Ministry of Power said on Sunday.
The Union Cabinet, chaired by the Prime Minister Narendra Modi, has approved the proposal of the Ministry of Power for modification of the scheme of budgetary support for the cost of Enabling Infrastructure for Hydro Electric Projects (HEP) with a total outlay of Rs.12461 crore
The scheme will be implemented from FY 2024-25 to FY 2031-32 and aims to support a cumulative hydro capacity of approximately 15,000 MW. It will be funded through 10 per cent Gross Budgetary Support (GBS) for the North Eastern Region, drawn from the Ministry of Power's total budget. The Mini
The Ministry of Power-owned REC Limited has posted a net profit of Rs 3,442 crore, an increase of 16 per cent in the first quarter of the financial year 2025 from the same period last year. Last year, the company posted Rs 2,961 crore in the first quarter of FY2024.
In response to the increased demand and to ensure adequate power availability across the country, the Ministry of Power has implemented a series of measures to meet the highest-ever peak demand of 250 GW during this ongoing summer season.
According to the press release by the Ministry of Coal, a Sub-Group mechanism, comprising representatives from the Ministry of Power, Ministry of Coal, Ministry of Railways, and power generating companies, has played a crucial role in maintaining this steady supply.
NTPC, one of the largest power utility public sector companies, has secured a significant milestone by securing the 3rd rank globally at the ATD BEST Award 2024, the Ministry of Power said in a release.
Tripura is witnessing a significant transformation in its power infrastructure with two central government-funded projects underway, aiming to enhance system reliability and reduce power losses. The initiatives, supported by the Asian Development Bank (ADB) and the RDS project, align with th
REC Limited, a Maharatna Central Public Sector Enterprise and an NBFC under the Ministry of Power has signed an agreement with Chenab Valley Power Project Private Limited (CVPPPL), under which REC will provide CVPPL with the financial assistance of Rs 1,869.265 crores as term loan.
According to the Ministry of Power, the government has issued directives to all Gas-Based Generating Stations (GBSs) to ensure maximum power generation, thus optimizing the utilization of these facilities. This move comes in response to a significant portion of GBSs remaining underutilized d
According to a press release by the Ministry of Power, the Indian Meteorological Department (IMD) has predicted a favorable monsoon in the fiscal year 2024-25, which is expected to contribute significantly to the improvement in water reservoir levels.
According to a press release by the Ministry of Power, this collaboration aims to address pressing challenges in the energy domain while aligning with the Sustainable Development Goals (SDGs).