India

Odisha Launches Solar Power & Other projects Worth Rs 8939 cr

Odisha has launched 27 industrial projects, involving a total investment of Rs 8,939 crore. The projects involve solar plants, amongst many others. Odisha Chief Minister Naveen Patnaik has launched 27 industrial projects, involving a total investment of around Rs 8,939 crore. The projects being initiated involve solar power plants, cement plants amongst many others. Patnaik inaugurated five projects […]

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Trend Analysis: Govt Funding for Grid Connected Solar Rooftops

However, the ratio of allocation of funds for the grid-connected solar rooftop segment has been declined sharply. With an aim to promote solar energy in the country, government has taken various significant measures in the past few years including amendments in policies, releasing funds under various schemes for the sector etc. However, most of the […]

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Rs 183 cr in Funds Released for Mega Solar Projects in FY 19-20 so far

RK Singh has detailed the amount of funds released by the centre for the development of ultra mega solar parks in India over the last four financial years. In his reply to a question on solar power production across states, Union Minister for Power, News & Renewable Energy and Skill Development and Entrepreneurship RK Singh, […]

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Kerala Govt Inks Deal With Toshiba for Manufacturing Li-ion Batteries

The Kerala Government has signed an EoI with Toshiba for the technology transfer and manufacturing of Li-ion batteries for EV The Kerala Government has signed an Expression of Interest with Toshiba for the technology transfer and manufacturing of lithium-ion (Li-ion) batteries for electric vehicles (EV). The agreement is an outcome of the Japan visit by […]

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Tata Power Exec Reshuffle: Srinivasan to Chair Delhi Distribution, Banga to Head T&D Biz

In a significant executive reshuffle in Tata Power, Ganesh Srinivasan, who was heading the transmission & distribution (T&D) business, has been appointed as the new Chief Executive Officer (CEO) of Tata Power Delhi Distribution Ltd (Tata Power-DDL). He will take charge, with effective from December 2, 2019, from Sanjay Banga, who has been now elevated […]

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How The Rankings Changed. India’s Top Solar States

In his reply to a question on solar power production across states, R.K. Singh, the minister for Power, News and Renewable Energy and Skill Development and Entrepreneurship, shared some very interesting data in parliament yesterday. The Situation as of 2016- Top 10 States And Some Government Producers   And this is the situation, as it […]

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AC Energy Launches $400 mn Fixed for life Green Bond

AC Energy has successfully set the terms of its senior perpetual fixed-for-life green bond issuance at an aggregate principal amount of USD 400 million Ayala Corporation’s energy platform, AC Energy has announced that it has successfully set the terms of its inaugural US dollar-denominated senior perpetual fixed-for-life (non-deferrable) green bond issuance at an aggregate principal […]

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MERC Approves Rs 2.52/kWh Tariff for Procurement of 500 MW Wind Power

MERC has approved the tariff of Rs 2.52/kWh for the procurement of 500 MW wind power as requested by the MSEDCL in its last petition. The Maharashtra Electricity Regulatory Commission (MERC) has in its latest order approved the tariff of Rs 2.52/kWh for procurement of 500 MW wind power as requested by the Maharashtra State […]

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Power, Solar Sector, Discoms in Focus in Parliament. Here Is What Was Said.

The answers by Power Minister R.K. Singh in parliament yesterday, while placing on record the hard figures when it comes to the power sector and renewables, particularly solar power, also underscored the minister’s continued confidence in India meeting its renewable energy goals. We take a look at the key takeaways. The Saubhagya scheme, or the […]

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