About 6,600 MW nuclear capacity under construction in IndiaIn energy storage systems, 11,620 MW/69,720 MWh Pumped Storage Projects (PSPs) are under construction. A total of 6,580 MW/39,480 MWh capac...
New viability gap funding in the works for energy storageA new governmental initiative is on the horizon, focused on establishing a funding scheme to enhance energy storage viability. Designed to ...
India's pumped storage capacity to cross 100 GW by 2036The investment required for upcoming PSPs is estimated at around Rs 5.8 lakh crore, calculated at an average cost of Rs 6 crore per MW, CEA...
Govt says 3.46 cr smart electricity meters installed across countryIndia has installed 3.46 crore smart electricity meters nationwide, including 2.27 crore under the Revamped Distribution Sector Scheme (RDS...
CEA concurs 6 hydro-pumped storage projects of 7.5 GW in 2024-25India is significantly advancing its energy storage capabilities with the Central Electricity Authority concurring on six hydro-pumped stor...
Payment systems: RBI asks banks to ensure easier accessibility to persons with disabilitiesThe Reserve Bank of India instructed banks to review and modify their payment systems to ensure accessibility for persons with disabilities...
Detailed project reports of two hydro pumped storage plants approved in record time: Power ministryThe Central Electricity Authority (CEA) has approved the detailed project report of two hydro pumped storage plants in India, the 600 MW Up...
Coal Ministry plans pump storage projects on closed mines for hydro energyCoal India Limited (CIL) and its subsidiaries are planning to set up pump storage projects (PSP) on closed mines to diversify towards alter...
Government issues guidelines to promote development of pumped storage projectsThe Indian government has issued the final guidelines to encourage the development of non-polluting and eco-friendly pumped storage project...
Power Ministry proposes tax sops, green clearances for pumped storage hydro projectsKeeping in view the immense utility of the PSPs in grid stabilisation as well as meeting the peaking power demand, a need for formulating s...
JSW Energy zooms 13% after signing MoU with Maharashtra govtPrashant Jain, Joint Managing Director and CEO of JSW Energy, said “We are excited to actively participate in the strong prospects of Hydro...
JSW Energy gains 4% as arm inks pact with Chhattisgarh govt for 1,000 MW project"JSW Energy Limited, through its wholly-owned subsidiary, JSW Neo Energy, has entered into a Memorandum of Understanding with the Governmen...
FSS launches UPI eVoucher to advance financial inclusionThe UPI eVoucher enables customers to transfer funds for a specific purpose in real-time to any mobile number, regardless of whether the be...
NPCI takes UPI global, ties up with leading payments provider PPROThe agreement aims at expanding RuPay card and UPI acceptance across PPRO’s global clients such as payment service providers (PSPs) and glo...
Digital payment companies seek compensation from govt for losses due to zero merchant feeIn letters to finmin, MeitY and RBI, industry body has sought compensation for any losses that could arise.
NPCI cuts UPI usage fees to promote wider adoptionFor UPI transactions up to ₹1,000, the charge has been cut to 10 paise from 25 paise
Government takes Rs 12,489 crore hit as telecom companies understate revenue: CAGComptroller and Auditor General of India (CAG) presented its report on sharing of revenue by private telecom service providers (PSPs) in Pa...