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ADB Supports India’s Covid-19 Response Through Record Annual Lending

Manila-headquartered Asian Development Bank (ADB) said on Thursday that it had committed $3.92 billion in sovereign loans for 13 projects to India in 2020, including $1.8 billion in projects to support the Government of India’s coronavirus disease (COVID-19) pandemic response. This is ADB’s highest-ever annual lending commitment to India since the start of its lending operations […]

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At 0.88% of all Vehicle Registrations, EVs Record Their Highest Share in Indian Market

According to the CEEW-CEF, registrations for EVs accounted for 0.88% of all registrations in the last fiscal- the highest share ever achieved. According to the CEEW Centre for Energy Finance’s (CEEW-CEF) electric mobility dashboard, the e-mobility sector in India has been slowly pulling itself out of the COVID-19 induced slump recording nearly 1.35 lakh electric vehicle […]

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IndiGrid Completes India’s Largest Transmission Asset Acquisition

IndiGrid has announced that it has completed the largest transmission project deal by acquiring NER-II Transmission from Sterlite Power. India Grid Trust (IndiGrid), India’s first and the largest power sector infrastructure investment trust (InvIT), has announced that it has completed the largest transmission project deal by acquiring NER-II Transmission Limited (NER-II) from Sterlite Power at […]

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IndiGrid to Acquire North Eastern Transmission Project ‘NER-II’ From Sterlite

IndiGrid has signed documents for the acquisition of a 100 percent equity stake in NER II Transmission from Sterlite Grid for Rs 4,625 crore. IndiGrid has announced that it has signed binding documents for the acquisition of a 100 percent equity stake in NER II Transmission from Sterlite Grid for no more than Rs 4,625 crore. The sale of […]

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CEL Tenders for 2.75 MW Solar Plant at IOCL Bottling Plant in Trichy

CEL has issued a tender for the commissioning of a 2.75 MW solar power plant at the LPG Bottling Plant of IOCL in Trichy, Tamil Nadu. Central Electronics Limited (CEL) has issued a tender for the commissioning of a 2.75 MW grid-connected ground-mounted solar power plant at the LPG Bottling Plant of the Indian Oil […]

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CCEA Approves RCE for North Eastern Region Power System Improvement Project

The Cabinet Committee on Economic Affairs (CCEA) has approved the Revised Cost Estimate (RCE) of the North Eastern Region Power System Improvement Project (NERPSIP) at an estimated cost of Rs.6,700 crore. This is a major step, towards the economic development of the North Eastern Region through the strengthening of Intra-State Transmission and Distribution systems. Announced […]

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SJVN Enlisting EPC Firms for Development and O&M of 100 MW+ Solar Plant

SJVN is enlisting EPC vendors for the development of a 100 MW+ solar PV power plant anywhere in India along with its O&M. SJVN Ltd, a joint venture of the Government of India and the Government of Himachal Pradesh, has issued an Expression of Interest (EoI) for the enlistment of EPC vendors for the development […]

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OIL to Enlist EPC Vendors for Solar Plant Worth 100 MW or More in India

Oil India Limited (OIL) has tendered for the enlistment of EPC contractors for setting up a solar plant of capacity 100 MW and above in any state in India. Oil India Limited (OIL) has issued a tender, inviting expression of interest from eligible vendors for the enlistment of EPC contractors for the establishment of a […]

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GAIL Seeking PMC Services for 2.64 MW Rooftop Solar Project

GAIL has issued a tender for the hiring of PMC services for setting up a 2.64 MW rooftop solar power project at the GAIL Pata Plant in Uttar Pradesh. GAIL (India) Limited, the largest state-owned natural gas processing and distribution company and the youngest Maharatna, has issued a tender for the hiring of Project Management […]

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