Sector Updates | IntelliSmart Infrastructure Private Limited

Blockchain and oracles can help clean energy transition, study claims

The report, titled “Managing Climate Change in the Energy Industry With Blockchains and Oracles,” outlines how blockchain features like tokenization, hybrid smart contracts, and blockchain oracles can be applied to the energy sector to......

April 19, 2022

Rajasthan again tops in green energy capacity among states

As per the latest report by the Union ministry of new and renewable energy, Rajasthan has topped in the green energy capacity combining solar, wind, and smaller bio. By the end of March 31 Rajasthan have a total installed RE capacity of 17,040 MW......

April 18, 2022

Chandigarh to float tender for 100 electric vehicle charging stations

In a push to launch its EV policy, the UT administration is poised to float a global tender in three to four days to invite eligible companies to bid for installing 100 charging stations across the city. The UT will select the company in a month......

April 18, 2022

Enel secures $652 million from EIB for clean energy expansion

Enel and The European Investment Bank (EIB), through its development branch EIB Global and SACE, an Italian export credit agency, agreed on a multi-country, multi-business and multi-currency facility of up to $652 million to support sustainable......

April 18, 2022

Power crisis likely to ease by May 1 says AP Energy Minister

Ahead of a high-level meeting on power, which is likely to be held on April 18, Andhra Pradesh energy minister Mr. Peddireddi Ramachandra Reddy held a teleconference with officials and discussed Challenges of power sector in meeting the demand in......

April 15, 2022

Tata Power raises INR 4,000 crore to fund growth of its renewable energy business

Tata Power's renewable energy arm has raised INR 4,000 crore from two foreign investment firms BlackRock and Mubadala at 10.53% stake in Tata Power Renewables. The fund will be used for the growth of its renewable energy business in India. The......

April 15, 2022

Project Endeavour takes off with first 5G drone flight demonstration

Electricity distribution network Endeavour Energy has conducted its first successful on-site inspection of physical electricity infrastructure, using a combination of 5G, cloud, AI, drone technology and ultra-high definition (UHD) cameras. The $648......

April 14, 2022

IRENA: World’s renewable electricity capacity surpassed 3 TW in 2021

Renewables accounted for 38.3% of global electricity generation capacity at the end of last year, compared to 36.6% in 2020, IRENA said in its annual statistical report. Hydropower accounted for the largest share of the global total renewable......

April 14, 2022

Discom revival: Five states agree to liquidate Rs 90,000 crore of dues

Five key states that account for the bulk of power dues have agreed to liquidate about INR 90,000 crore in outstanding payments and subsidy liabilities of their cash strapped electricity distribution companies that are on the verge of collapse. They......

April 14, 2022