Author: Manu Tayal

Renascent Power to Buy 75% PPGCL under Stressed Asset Resoln Process

Further, this transaction is the result of stressed asset resolution process initiated by the lenders through a competitive bidding process. Renascent Power Ventures, arm of Resurgent Power, signed a Share Purchase Agreement (SPA) with a consortium of lenders led by State Bank of India (SBI) to acquire 75.01 percent stake in Prayagraj Power Generation Company […]

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Azure Q2 Loss Narrows to Rs 29.8 Cr on Revenue from New Projects

Further, the consolidated operating revenues of the company increased by Rs 40.2 crore, or 22 per cent to Rs 2,22.6 crore during Q2 2018-19, against the same period last year. Leading independent solar power producer Azure Power Global reported its consolidated net loss narrowed significantly to Rs 29.8 crore during the July-September quarter of FY19, driven […]

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Finance to Close Global Energy Access Gaps Dramatically Off-Track to Meet 2030 Targets: SEforALL

Data shows finance for coal tripled in past year, but innovative off-grid solutions and finance models offer opportunities to meet Global Goals. Finance required to close electricity and clean cooking access gaps remains dramatically short of what is needed to meet global energy goals by 2030, leaving the world’s most vulnerable people behind, according to […]

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PROINSO Offers Free Access of Plant Monitoring Software to Indian Clients

This offer is exclusive to PROINSO’s customers in India and can help save up to USD 500 per project. UK-headquartered PROINSO has partnered with Inspire Clean Energy (ICE) to offer its project clients one year of free access to the market-leading solar PV plant monitoring software. This offer is exclusive to PROINSO’s customers in India […]

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Viz-A-Viz with Manish Aggarwal, Managing Director, Enkay Solar Power

Q. In present scenario where technology changes frequently, how do you manage to upgrade your technology? As we are new entrants in this field, we were able to induct the state-of-art machinery, therefore up-gradation is not an issue. For instance when we started our production line 4BB cells technology was prevailing. Last year we up-graded […]

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Tata Power Delhi Distribution Launches ‘Pay Bill and Win’ Scheme

Under the scheme those consumers having load up to 11KW and who make their payments on or before December 31st, 2018, with no outstanding amount will be eligible for rewards. Tata Power Delhi Distribution (Tata Power-DDL) has launched a ‘Pay Bill and Win’ scheme to recognise and reward consumers who make timely payments of their […]

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EDF Renewables Signs Two 20-Yr PPA For Solar+Storage Proj in California

The Project is slated to achieve commercial operation by the end of 2021. The agreement is for generation and storage of solar energy. EDF Renewables North America signed two 20-years Power Purchase Agreement (PPA) with Silicon Valley Clean Energy (SVCE) purchasing 55 percent of the output, and Monterey Bay Community Power (MBCP) getting the remaining […]

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NTPC Invites Bids for 1200 MW Grid Connected Solar PV Projects

The registration and downloading of RfS document will be available from November 13, 2018 to November 28, 2018. India’s largest energy conglomerate NTPC has floated bids for 1200 MW of Grid Connected Solar PV Projects with ISTS Connectivity through NTPC Generating Switchyards in Western Region under OPEN category. The company said in a notification that, […]

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EESL, ADB Ink Pact for $13 Mn GEF Grant to Establish EERF

EERF aims to expand and sustain investments in the energy efficiency market in India, build market diversification, and scale up existing technologies. Towards supporting investments in new, innovative and scalable business models, EESL and Asian Development Bank (ADB) signed an agreement for a Global Environment Facility (GEF) grant of USD 13 million to establish an […]

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