SUBSCRIBE NEWS LETTER

Tata Power Solar

The Investors Theorem: Your Rooftop PV Solar Project

Over the past two decades, there have been many attempts to reform the electric utility market. The costly and complex operations of transporting energy have made utilities natural monopolies, while regulatory barriers and the high fixed costs of building and maintaining regional electrical grid infrastructure have also kept much competition at verge. Now with vigorous […]

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TPREL signs 100 MW PPA for solar project at Anantapuram with SECI

Tata Power Renewable Energy Ltd (TPREL) has signed a Power Purchase Agreement (PPA) for a 100 MW solar project at Anantapuram solar park in Andhra Pradesh with the Solar Corporation of India (SECI). The Commercial Operations Date (COD) of the project as per the PPA is 16th October 2017. The project has been secured through […]

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Tata Power designates three independent directors

Tata Power has appointed three independent directors – Anjali Bansal, Vibha Padalkar and Sanjay Bhandarkar – on the its board with effect from October 14, 2016. The appointments are in terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Tata Power said in a statement today. While Bansal is a […]

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NTPC on verge of commissioning 1 GW solar park in Andhra Pradesh

National Thermal Power Corporation is aiming to implement India’s largest 1000MW solar PV generation park at Kadiri in Anantapur district of Andhra Pradesh. V.B. Fadnavis, Regional Executive Director (South), NTPC informed that 250MW, which is phase one of the project has been commissioned and has started power generation. The remaining 750MW is expected to be […]

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Tata Power acquires WREPL through share purchase agreement

TPREL (Tata Power Renewable Energy Ltd), an arm of Tata Power, has completed 100 percent share purchase in WREPL (Welspun Renewable Energy Pvt Ltd) and its subsidiaries. Earlier in June, the company had announced that TPREL will acquire WREPL through a share purchase agreement (SPA) at an enterprise value of Rs 9249 crore, subject to […]

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Solar Installations in India to Reach 4.8 GW in 2016: Mercom Capital

Mercom Capital Group in its quarterly update on the Indian solar market revealed that solar installation in India will reach 4.8GW in calendar year 2016. The solar project pipeline in India is now approximately 21 GW, with 14 GW under development and 7 GW scheduled to be auctioned. India has reached 2.8 GW in solar […]

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Dr. Harsh Vardhan launches Solar Power Tree for Generation of Electricity

Dr. Harsh Vardhan, Union Minister for Science & Technology and Earth Sciences, has come up with a ‘Solar Power Tree’, which is an innovative way to generate electricity using solar power in a limited space. The Solar Power Tree has been engineered by the Central Mechanical Engineering Research Institute (CMERI), a laboratory of the Council […]

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PM Narendra Modi invites India’s top fossil fuel ventures to contribute in solar

India’s topmost energy corporations are moving beyond their roots in fossil fuels to plough money into renewables, supporting the idea of Prime Minister Narendra Modi’s goal to expand the growth of alternatives to the most polluting forms of energy. According to the reports of state agency responsible for implementing energy policy, one of the prominent […]

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ACME to sell 275MW of its operational solar assets to IDFC Alternatives: Report

IDFC Alternatives is reportedly gearing up to buy 275 megawatts (MW) of operational solar assets from ACME Solar. Livemint citing sources reports that the deal between the two companies will likely close in stages as “IDFC will need separate approvals from the lenders of the various assets and other approvals as per the power purchase […]

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