Author: Manish Kumar

KP Energy Reports 9.8% Jump In Total Income In FY24, Profit Rises Too

Indian power company KP Energy released its financial results for FY24 and Q4 results today. In its latest public disclosure before the Bombay Stock Exchange (BSE), the firm reported a 9.8% jump in its total income.  The audited consolidated financial results of the firm said that while in FY23 it witnessed a total income of […]

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Ganesh Srinivasan Joins KEC International As President-T&D

Ganesh Srinivasan, who was working as the Chief Executive Officer (CEO) of Tata Power-DDL (Delhi Distribution Limited) till recently has now joined KEC International Ltd. Srivasan, who has vast experience in the power transmission and distribution business will now work as the President-Transmission & Distribution in the company.  KEC International Limited is a company of […]

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PM Surya Ghar: Elections Defer Timely Disbursement Of Rooftop Solar Subsidies

The ongoing elections in the state country seem to have deferred the timely disbursement of central subsidies under the PM Surya Ghar scheme. Prime Minister Narendra Modi earlier this year announced PM Surya Ghar Muft Bijli Yojana with a target to reach out to 1 crore households. The revamped scheme, dedicated to the residential rooftop […]

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Swelect, Grew & Renew Win SECI Bid For DCR Solar Modules

The Solar Energy Corporation of India (SECI) has released the results of its tender where it sought domestic solar panels with domestically manufactured solar cells from Indian solar module manufacturers. SECI declared Swelect Energy Systems, Grew Energy and Renew Photovoltaics Pvt Ltd as winners for the bid. The SECI tender had asked for bids for […]

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Sterling & Wilson Marks Complete Turnaround In Q3 Fy24 With Profits

Publicly listed renewable energy company Sterling & Wilson has released its financial results for the Fourth Quarter (Q4) and FY24. The annual and quarterly results were shared by the firm with the Bombay Stock Exchange (BSE) in its public disclosure. The company reported a net profit of Rs 1.40 crore in Q4 of FY24.   The […]

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EESL Mart To Soon Sell Solar Modules, Tender Likely In One Month

The Energy Efficiency Services Limited (EESL), a constituent body of the Ministry of Power is now all set to sell solar modules from Indian solar manufacturers to the consumers. The central government agency plans to sell these renewable energy products through its e-marketplace platform ‘EESL Mart’.  The government agency is now undertaking stakeholder consultations to […]

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PM Surya Ghar: MNRE Proposes Rating Of Rooftop Solar Vendors

The Ministry of New and Renewable (MNRE) today published the draft guidelines under the newly announced PM Surya Ghar Muft Bijli Yojana. The new draft norms proposed the concept of rating the vendors installing rooftop solar systems for the residential consumers. The ministry said that the vendors would be rated based on the feedback of […]

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Husk Power Secures $4 Million In Debt Financing From ElectriFI

In a joint announcement today, Husk Power Systems and ElectriFI announced collaborating with each other to boost the growth of renewable energy in rural India. Husk Power is a decentralized solar-hybrid mini-grid solution provider. ElectriFI is an EU-funded impact investment facility managed by EDFI Management Company. The firms today confirmed Husk’s securing of an additional […]

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ALMM: India’s Enlisted Solar Module Manufacturing Capacity Touches 41.5 GW

The latest updated Approved List of Models and Manufacturers (ALMM) list released by the Ministry of New and Renewable Energy (MNRE) reported a rise in domestic solar module manufacturing capacity. As per the latest ALMM list, released by the MNRE, the total enlisted solar module manufacturing capacity in India touched 41,463 MW. The latest list […]

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