India

MNRE Shares List of Insurance Providers for Solar Power Plants

With an aim to provide some relief to solar energy industry stakeholders, the Ministry of New and Renewable Energy (MNRE) has shared a list of those insurers who are currently offering products covering various risks associated with the solar power plants. The MNRE said in a statement that it had taken up with the Department […]

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Suzlon Energy Defaults on Rs 7200 Cr Worth in Loans

Debt-laden Suzlon Energy has announced via a regulatory filing that it has defaulted on loans amounting to Rs 7,256.38 crore. Debt-laden Suzlon Energy has announced via a regulatory filing that it has defaulted on loans amounting to Rs 7,256.38 crore. The total default amount includes a principal of Rs 6,717.44 crore and interest of Rs […]

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KPI Global Commissions Addl 1.2MW Solar Project in Gujarat

Gujarat-based KPI Global Infrastructure Ltd has commissioned its additional 1.2 MW solar power project in Gujarat under captive power producer (CPP) category. The project, situated at Sudi village in Bharuch district of Gujarat, has been commissioned effective from November 29, 2019. For this, the company has received the Certificate of Commissioning from Gujarat Energy Development […]

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Skilancer Solar Raises Fresh Funding, Venture Catalysts Backs the Firm Now

Solar Panel Cleaning Firm Skilancer Solar Private Limited, has raised a fresh round of funding, this time from Venture Catalysts. The Noida-based firm, which has its works in Faridabad, has been co-founded by Neeraj Kumar and Manish Kumar Das, both of them engineers with a background in the solar sector for Neeraj and for Das, […]

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EVI Technologies and BSNL Partner for EV Charging Infrastructure

EV charging infrastructure provider EVI Technologies has inked a pact with BSNL for setting up battery swapping and charging stations. Electric Vehicle (EV) charging infrastructure provider EVI Technologies (EVIT) has announced that it has inked a pact with Bharat Sanchar Nigam Ltd (BSNL) for setting up battery swapping and charging stations. As part of the […]

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Mandatory Default Temp Setting at 24 degree C for ACs from Jan 1, 2020

The government has mandated the 24 degree celsius default setting of Air Conditioners (ACs) temperature by manufacturers from January 01, 2020. On October 30, 2019, the Central Government in consultation with the Bureau of Energy Efficiency (BEE) notified the new energy performance standards for Room Air Conditioners (RACs). The power ministry said in a statement […]

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Carbon Tax Waiver may put Renewables Growth in India at Risk: Fitch

Fitch Solutions believes that the centre’s proposed carbon tax waiver on coal may pose substantial downside risks to India’s renewable sector growth. Fitch Solutions has said that it believes that the centre’s proposed carbon tax waiver on coal may pose substantial downside risks to India’s renewable sector growth. In a bid to alleviate significant debt levels in the power industry, India has proposed […]

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BHEL Tenders for Floatation Platform for 22 MW Solar Project

BHEL has tendered s for developing the complete floatation platform for the 22 MW floating solar plant at NTPC Kayamkulam in Kerala. Bharat Heavy Electricals Limited (BHEL), India’s largest engineering and manufacturing enterprise has issued a tender, inviting bids from eligible firms for developing and fabricating a complete floatation platform for the 22 MW floating […]

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SBI Issues Empanelment Tender for Solar Projects for Hyderabad Circle

The last date and time of bid submission is January 21, 2020 at 3:00 p.m. SBI Infra Management Solutions Pvt Ltd (SBIIMS), a wholly owned subsidiary of country’s largest lender State Bank of India (SBI), has invited applications for the empanelment of contractors for grid connected solar plant for its branches and offices that comes […]

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