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Bailout Package of Rs 90k Cr to Provide Only Temporary Relief to Discoms, Says Ind-Ra

The bailout package of Rs 90,000 crore, announced recently by Finance Minister Nirmala Sitharaman, would only provide temporary relief to power distribution companies (Discoms), but not a long-term solution to their woes, said a leading credit rating agency India Ratings and Research (Ind-Ra). With an aim to infuse liquidity into the cash-strapped Discoms, the government […]

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CPSU REC Ties Up with TajSATS to Feed Medical Staff Serving amid Covid-19

Navratna Non-Banking Finance Company (NBFC) REC Ltd has joined hands with TajSATS (a joint venture of IHCL and SATS Ltd) to feed the frontline healthcare workers, through collaborative efforts, in key government hospitals as well as poor daily wage labourers on pan India. REC Ltd, formerly Rural Electrification Corporation Ltd, is mainly focusing on the […]

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NALCO Tenders for Electrification of Battery Room for Rooftop Solar PV Plant

State-owned National Aluminium Company Ltd (NALCO) has floated a tender for the electrification of battery room for rooftop solar photovoltaic (PV) plant at the premises of its D.M. plant in S.P.P of Alumina Refinery, NALCO in Damanjodi town in Odisha. The last date and time for submitting bids is June 15, 2020, by 3:00 p.m. […]

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Tender Issued for 8 MW Ground Mounted Solar Plant at Hubballi Airport

State-owned Airports Authority of India (AAI) has floated tender inviting bids from eligible bidders for the installation of 8 MW ground-mounted, grid-connected, photovoltaic (PV) solar plant at Hubballi Airport. The scope of work includes “designing, supply, installation, testing and commissioning of a ground-mounted, grid-connected, solar PV power plant of 8 MW capacity at Hubballi Airport, […]

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Govt Exploring New Lending Institutions to Support Small Enterprises: Gadkari

The government is exploring new financial lending institutions to support small-scale units to provide financial support, said Nitin Gadkari, the Union Minister for Micro, Small and Medium Enterprises (MSME) and Road Transport and Highways (MORTH). The Minister assured the industry stakeholders that the government is working towards strengthening the NBFCs which will help small businesses […]

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AAI Urges CERC for Price Correction in RE Certificates to Avoid Industry Burden

The Aluminium Association of India (AAI) has urged power sector regulator Central Electricity Regulatory Commission (CERC) for price correction in the Renewable Energy Certificates (RECs) in order to avoid the unnecessary burden on the industry. AAI requested to immediately look into the skewed market of REC which, according to it, is resulting in artificial demand and price […]

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BHEL Tenders for BOS Works for 22 MW Floating Solar Plant for NTPC Project in Kerala

State-owned Bharat Heavy Electricals Ltd (BHEL) has floated tender inviting bids from eligible bidders for the balance of systems (BOS) works for 22 MW floating solar plant for NTPC project in Kerala. Interested bidders can submit their bids starting from today i.e. May 25, 2020, from 9:00 a.m. onwards, and the last date for submitting […]

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Military Engineer Services Floats Tender for Solar Led Lights

State-owned Military Engineer Services (MES), which provides an infrastructure for armed forces, has invited bids for the provision of solar LED lights and LED fittings & fixtures. The scope of work includes the provisioning of solar LED lights, provisioning of LED fittings and fixtures in MD ACCN and provisioning of modular switches and false ceiling […]

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Engie in Final Talks with Hawaiian Electric for Solar plus Storage Project

French multinational electric utility Engie said that its project has been selected by the US-based Hawaiian Electric as one of the 16 in the final award group for the stage 2 variable renewable dispatchable generation and energy storage projects. Further, the proposed project, a 60 MWAC solar energy + 240 MWh of the battery storage […]

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