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Indian market

PXIL Highlights Power Market Regulatory Reforms and Insights

PXIL recently conducted its 2nd market consultation meeting to discuss key market regulatory reforms concerning the power industry. Ahead of the public hearing of the Central Electricity Regulatory Commission (Power Market) Regulations 2020, the Power Exchange India Limited (PXIL), conducted its 2nd Market Advisory Committee and Stakeholder consultation meeting to discuss key market regulatory reforms […]

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Greenko and Onyx Insight Partner in Condition Monitoring 1st for Indian Renewables

In a condition monitoring retrofit first for the Indian renewables market, independent power producer (IPP) Greenko has teamed up with ONYX InSight In a condition monitoring retrofit first for the Indian renewables market, independent power producer (IPP) Greenko has teamed up with ONYX InSight, a leading global predictive analytics and engineering firm, to modernise 500 […]

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Clean Energy can Shore up Indian Economy From Current Position: Kant

Clean energy has the potential to shore up the Indian economy from the current downturn, according to Amitabh Kant, CEO of Niti Aayog. Clean energy has the potential to shore up the Indian economy from the current downturn caused by the coronavirus pandemic, according to Amitabh Kant, CEO of the Government of India’s policy think […]

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Reliance and bp Form Partnership for new Indian Fuels and Mobility

bp and Reliance Industries Limited have announced the start of their new Indian fuels and mobility joint venture, Reliance BP Mobility Limited (RBML). bp and Reliance Industries Limited (RIL) have announced the start of their new Indian fuels and mobility joint venture, Reliance BP Mobility Limited (RBML). Following initial agreements in 2019, the two teams […]

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History Set To Be Rewritten In Indian EV Space, Says VC Analysis

Naman Lahoty, part of the investment team at Stellaris Venture Partners, has authored a 3 part analysis on why the Indian EV market could follow a different route from the usual auto market, which has always favoured incumbents. A quick snapshot. In an insightful analysis based on interactions with over 150 ‘EV system participants’ Mr Lahoty  goes on […]

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IEX Market Sees 5 Percent Growth to Reach 4790 MUs in June

The electricity market at the IEX witnessed a total trade of 4,790 MUs in June, recording a 5 percent year-on-year increase The electricity market at the Indian Energy Exchange (IEX) witnessed a total trade of 4,790 million units (MUs) in June, recording a 5 percent year-on-year increase despite the national peak demand registering a 10 percent decline during the month. Increased economic […]

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Siemens Gamesa to Shut Navarro Plant Amid Challenging Market Conditions

Siemens Gamesa has decided to shut down its Navarro factory, which is not competitive in the market environment to produce blades for large turbine models. Siemens Gamesa Renewable Energy, one of the leading wind turbine supplier globally, has announced that the company needs to adapt to the challenging market conditions of the wind industry, characterised by […]

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IndianOil in Partnership with SUN Mobility Opens EV Battery Swapping Facility at its Retail Outlet in Chandigarh

Oil major Indian Oil Corporation (IndianOil) has opened its battery-swapping station for electric vehicles (EVs) at its retail outlet in Chandigarh in partnership with SUN Mobility. Bengaluru-based SUN Mobility is a joint venture (JV) between Maini Group and SUN Group–co-founded by Chetan Maini, founder of India’s first electric car, Reva and Uday Khemka, Vice Chairman […]

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EESL Plans to Invest £150 Mn in UK and Ireland Power Market in 2020

EESL has plans to invest around GBP 150 million over the course of this year in the UK and Ireland market, as part of its UK JV EnergyPro Assets Limited India’s Energy Efficiency Services Limited (EESL), a joint venture of PSUs under the Ministry of Power, has plans to invest around GBP 150 million over the […]

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