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PFC Expects Additional Rs 35K Cr for Enhanced Discoms Funding

PFC has said that it expects additional funding requirements of Rs 35000 crore to meet the obligation for enhanced funding for power Discoms in near future. The Power Finance Corporation (PFC) has said that it expects additional funding requirements in a range between Rs 30,000 crore and Rs 35,000 crore to meet the obligation for […]

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RITES Bags Rs 475 Crore Railway Electrification Contract

RITES Limited has announced that it has been awarded a contract worth Rs 475 crore for electrification works of various arms of the Indian Railways. RITES Limited, a Public Sector Enterprise and a leading player in the transport consultancy and engineering sector in India has announced that it has been awarded a contract worth Rs 475 […]

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Policy Incentives are Crucial for Energy Storage in India: IESA

The India Energy Storage Alliance (IESA) has emphasised the importance of policy incentives, business leadership, skilled workforce, and inter-industry collaboration to make India self-reliant in the energy storage space. During a conference on the occasion of the 4th World Energy Storage Day on September 22, 2020, IESA also highlighted the huge employment opportunity presented by India’s […]

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Enel X Awarded Grants for Future Electrification of Bus Fleets

Enel X has been awarded two grants by the Accelerating Clean Transportation Now (ACTNow) program through the Massachusetts Clean Energy Center (MassCEC). Enel X, the Enel Group’s advanced energy services business line, has announced it has been awarded two grants by the Accelerating Clean Transportation Now (ACTNow) program through the Massachusetts Clean Energy Center (MassCEC). […]

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Centre Working on Hydrogen Energy Development Targets: MNRE Secretary

The government is in the process of setting up targets for hydrogen energy development in the country, Indu Shekhar Chaturvedi, secretary, MNRE has said. The government is in the process of setting up targets for hydrogen energy development in the country. And a committee of officials has been formed to set those specific targets to develop […]

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Vietnam’s new PDP Must Optimise Renewables and Avoid Fossil Fuel Lock-in

Implementing Vietnam’s soon-to-be-launched next Power Development Plan will ultimately depend on the country’s ability to mobilize more innovative sources of offshore financing, finds a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). Vietnam is poised to launch Power Development Master Plan 8 (PDP 8) for the next decade featuring a timely departure from […]

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CEL Tenders for 2.28 MW Rooftop Solar System at GBPUA&T, Uttarakhand

CEL, on behalf of GBPUA&T, has invited online bids for setting up of 2.285 MW rooftop solar power system under the RESCO model on the campus in Uttarakhand. Central Electronics Limited (CEL), on behalf of GB Pant University of Agriculture and Technology (GBPUA&T), has invited online bids from eligible bidders for setting up of 2.285 […]

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Walmart Sets Goal to be Zero Emissions Company by 2040

Walmart is doubling down on addressing the growing climate crisis by targeting zero emissions across the company’s global operations by 2040. Walmart has announced it is doubling down on addressing the growing climate crisis by targeting zero emissions across the company’s global operations by 2040. Walmart and the Walmart Foundation are also committing to help […]

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Tata Power’s 200 Microgrids to be Ready by 2021

TP Renewable Microgrid (TPRMG), a venture by Tata Power, is expected to complete the installation work of 200 microgrids and make them ready for use by next year, said the Rockefeller Foundation — a partner in the clean energy project. In November 2019, Tata Power had announced creating an arm, TPRMG, to set up 10,000 […]

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