Author: Ayush Verma

Green Bonds Issuance to Cross Record $ 200 bn Mark in 2019: Moody’s

The global green bonds issuance in 2019 are expected to reach and perhaps even cross the record USD 200 billion mark. According to a new analysis, the global green bonds issuance in the current financial year are expected to reach and perhaps even cross the record USD 200 billion mark. The global green bond market […]

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NTPC Tenders for 1200 MW Solar Projects Again

NTPC has reissued its tender for the selection of SPDs for the development of 1200 MW of ISTS-connected solar power projects anywhere in India. State-owned power utility NTPC Ltd. has reissued its tender for the selection of solar power developers for the development of 1200 MW of ISTS-connected solar power projects anywhere in India. The […]

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Over 10,000 Solar Powered Green Houses Built in Madurai

Over 10,000 solar powered green houses have been constructed in Madurai district for the people living below the poverty line under the CM scheme. As many as 10,933 green houses have been constructed in Madurai district from the year 2011 to 2019 for the people living below the poverty line under the chief minister’s solar-powered green house […]

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IL&FS Proposes to NCLT Sale of Wind Assets to Orix

ILFS group has proposed to NCLT the sale of its wind energy assets to Japan’s Orix Corporation, reducing the debt of the company by Rs 4,800 crore. Embattled IL&FS group has proposed to the National Company Law Tribunal (NCLT) the sale of its wind energy business to Japan’s Orix Corporation which will help reduce the debt of the company by […]

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As Farmers Switch to Solar Pumps, Experts Fear Groundwater Exploitation

Though the off-grid solar pumps have made life easy for farmers in many villages across India, many fear they are likely to lead to over-exploitation of groundwater.  In Maharashtra’s Jalgaon village, many farmers spend sleepless nights to irrigate their fields, as power for irrigation isn’t available during the daytime for 15 days a month, but Dattaji […]

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Heavy Industries Ministry Approves FAME II Subsidies for 5,595 Electric Buses

Government’s Department of Heavy Industries has sanctioned subsidies for 5,595 electric buses in 64 cities The Department of Heavy Industries has approved 5595 electric buses under the FAME India scheme phase II. The move is in line with the government’s push towards electric mobility in the public transport system. The government department said in a statement […]

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Sterlite Power Wins 2 Transmission Projects Worth Over Rs 3000 Crore

Sterlite Power has received a letter of award for two key inter-state transmission projects worth over Rs 3000 crore for Udupi-Kasargode and WRSS 21. Sterlite Power, India’s leading private power transmission player, has received a letter of award for two key inter-state projects worth over Rs 3000 crore for Udupi-Kasargode and WRSS 21 (Part B) […]

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Akuo Energy Wins 370 MW Solar Capacity in Latest Portugal Auction

Akuo Energy has been awarded 370 MW project capacity under the latest 1,400 MW solar energy auction call, for the tender organised by Portugal Akuo Energy, one of the leading French renewable energy independent power producer and developer, has been awarded 370 MW project capacity under the latest 1,400 MW solar PV energy auction call […]

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E.ON Commissions 201 MW Wind Farm in Texas

E.ON has successfully opened its Stella Wind Farm, a 201 MW project in Kenedy County in Texas. German energy utility firm E.ON has announced that it has successfully opened its Stella Wind Farm, a 201 MW project located in Kenedy County in Texas. “In addition to creating high-paying local jobs, the Stella Wind Farm will generate […]

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