Author: Ayush Verma

NTPC Shifts Objective; to Stop Land Acquisition for Thermal Projects

NTPC proposes to completely stop land acquisition for thermal projects and rather look for reducing its carbon footprint through a renewable energy push. India’s largest coal-fired power producer NTPC has announced that it proposes to completely stop land acquisition for greenfield thermal projects and rather look for reducing its carbon footprint through an aggressive renewable […]

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SECI Seeks RE Based Solutions for Energy Needs in Remote Himalayan Areas

SECI has invited EOI for exploration of RE solutions which can be deployed in hostile climatic conditions for meeting energy needs in remote Himalayan areas The Solar Energy Corporation of India (SECI), has invited Expression of Interest (EOI) from IPP, OEM, Technology Provider, Technology Licenser for exploration/availability of systems/solutions based on Renewable Energy (RE) Sources […]

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MNRE Issues Amendments for its Dispute Resolution Mechanism

The Ministry of New and Renewable Energy (MNRE) has issued amendments to the guideline for the operation of its Dispute Resolution Mechanism to consider the unforeseen disputes between solar and wind power developers and SECl/ NTPC/ NHPC, beyond their contractual agreements. A few key amendments made by the ministry: 1. The DRC will consider all […]

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India’s Solar Outlook Revised to Stable, Wind Continues Negative Trend

India Ratings has maintained a negative outlook on India’s wind sector for 2HFY21, bur the solar sector outlook has been revised to stable from negative. India Ratings and Research (Ind-Ra) has maintained a negative outlook on India’s energy and transport infrastructure for the second half of FY2021, stemming from a likely low demand, driven by […]

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India Offers $100 Mn LOC to Sri Lanka for Three Solar Projects

India has offered a LOC worth USD 100 million to Sri Lanka for three solar projects in the country, according to an official statement. India has offered a Line of Credit (LOC) worth USD 100 million to Sri Lanka for three solar projects in the country, according to an official statement. India’s high commissioner to Sri Lanka Gopal Baglay had called on […]

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JSW Energy Wins 810 MW Blended Wind Capacity Under SECI Tender

JSW Energy has received LoA for a total blended wind capacity of 810 MW from SECI under its tender for setting up of 2500 MW wind projects (Tranche – IX). JSW Energy has announced that its 100 percent subsidiary JSW Solar has received a Letter of Award (LoA) for a total blended wind capacity of […]

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Metlife Plans to cut Emissions and Originate $20 Bn in Green Investments by 2030

Metlife has committed to reduce its GHG emissions by 30 percent from 2019 levels and originate USD 20 billion in new green investments by 2030 Metlife, one of the world’s leading financial services companies, has announced that it has committed to reduce its location-based greenhouse gas (GHG) emissions by 30 percent from 2019 levels over […]

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CHANEL Partners With Sunrun to Bring Solar Energy to Low Income California Homes

French fashion brand CHANEL has committed USD 35 million toward solar energy projects for low-income multifamily households in California with Sunrun. French fashion brand CHANEL has announced that it has committed USD 35 million toward solar energy projects for low-income multifamily households in California with Sunrun, the leading residential solar, battery storage, and energy services […]

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EOI for Evaluation of Decentralised Solar PV Applications Programme-III

MNRE intends to engage consultants to undertake the evaluation of Off-grid and Decentralised Solar PV Applications Programme Phase-III. The Ministry of New and Renewable Energy (MNRE) intends to engage reputed consultants/experts to undertake the evaluation of Off-grid and Decentralised Solar PV Applications Programme Phase-III. The scheme consists of the following three components: Installation of 3,00,000 […]

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