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NHPC Tenders for 100 MW Solar Plant in Mirzapur, Uttar Pradesh

NHPC has issued a tender for the EPC contract for the development of a 100 MW solar plant in the Mirzapur district of Uttar Pradesh. NHPC Limited has issued a tender for the EPC contract for the development of a 100 MW solar PV grid-connected power plant along with associated power evacuation equipment across multiple []

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IndiGrid Completes Indias 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), Indias 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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PXIL Launches Green Term Ahead Market (GTAM)

Power exchange India Limited (PXIL), the energy trading market  promoted by NSE & NCDEX has launched the Green-Term Ahead Market (GTAM) on its transaction platform on 24th March 2021. The development took place after receiving approval from the Central Electricity Regulatory Commission (CERC) on March 19, 2021. To familiarize the market participants about the product and []

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Problem of Solar Plenty in Australia As Regulator Considers Two Way Pricing

Australia, where rooftop solar PV has been a huge success, with rooftop solar nudging past the 13 GW mark earlier this year, faces a touch new choice on keeping the momentum up. The Australian Energy Market Commission (AEMC), in a draft  paper, has proposed offering two-way pricing to address the issue of network congestion on []

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The BCD Calculus: Will It Deliver The Right Outcomes?

As expected, once it did arrive, Indias Basic Customs Duty (BCD) plan for solar cells and equipment has managed to create just the sort of furore that the government claims it seeks to avoid. After all, for once, this was a decision that was long in coming, with intent having been announced last year itself, []

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Rapido To Launch Rapido EV E-bike Taxi Services, Partners with Zypp Electric

Rapido, one of Indias first and fastest-growing Bike taxi apps has announced that it is going to launch an electric bike (e-bike) taxi service, under a partnership with Zypp Electric, a last-mile delivery provider. The new E-taxi will be called Rapido EV, which will be starting from March 2021 in Delhi and the National Capital []

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Goa Adds 50 Electric Buses to its Fleet Under FAME II Scheme

Goa has added 50 Make in India electric buses from Kadamba Transport under the FAME II Scheme. Chief Minister of Goa, Dr. Pramod Sawant, waved off the Make in India Electric buses (e-buses). In a first-of-its-kind move, Goans will be now able to travel in zero-emission and noiseless e-buses deployed by Olectra Greentech Limited, a []

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BCD Will Raise Solar Purchase Cost by Rs 900 Cr pa for Off-takers: Ind-Ra

The imposition of BCD will lead to an increase in solar tariffs which will increase power purchase costs for solar off-takers by Rs 900 crore annually India Ratings and Research (Ind-Ra) has come out and said that the imposition of basic customs duty (BCD) on solar cells and modules with effect from 1 April 2022 []

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Mainstream OEMs Ready to Enter in Electric Two Wheelers Territory: Report

According to a report from brokerage firm Motilal Oswal Financial Services, the competitive landscapes of the scooter segment could get changed by the entry of mainstream Original Equipment Manufacturers (OEMs) in the e-scooter territory that may disrupt the electric two-wheelers E2Ws market.  The report stated, It is believed that E2Ws are ready for disruption, particularly []

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