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C&S Electric Acquisition by Siemens Limited Approved by CCI

CCI has approved the proposed acquisition of 100 percent of the share capital of C&S Electric Limited by Siemens Limited. The Competition Commission of India (CCI) on August 20, 2020, has approved the proposed acquisition of C&S Electric Limited by Siemens Limited (Siemens India). The proposed combination envisages the acquisition of 100 percent of the […]

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Tezpur University Generating 90,000 kW of Solar Electricity Every Month

Tezpur University in Assam is generating on average – nearly 90,000 kW of electricity every month through its 1 MW on-campus rooftop solar power systems. The Tezpur University in Assam has said that it is generating on average – nearly 90,000 kilowatts (kW) of electricity every month through its 1 MW on-campus rooftop solar power […]

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IEX Launches GTAM

CERC has Accorded Approval The Indian Energy Exchange (IEX) launched the Green Term-Ahead Market (GTAM) on its power trading platform after receiving approval from the Central Electricity Regulatory Commission (CERC). CERC accorded its approval through an order dated August 17, 2020. The IEX had filed a petition with the CERC regarding the same in 2018; […]

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New EV Milestone for Tata Motors as it Rolls out its 1000th Nexon EV

Tata Motors has announced a significant milestone in the EV domain by rolling out the 1000th Nexon EV from its plant in Pune. Tata Motors has announced a significant milestone in the electric vehicle (EV) domain by rolling out the 1000th Nexon EV from its plant in Pune. This landmark has been achieved in just […]

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NTPC Seeking EPC Contractors for up to 1070 MW Solar Projects in Rajasthan

NTPC has tendered for the EPC work along with land for the development of up to 1070 MW of solar PV power projects own Rajasthan. NTPC Ltd has issued a tender, inviting bids from eligible firms for taking up the Engineering, Procurement and Construction (EPC) work along with land for the development of up to […]

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MERC Rejects Grace Period Sought by 28 RE Generators

Renewable Energy Generators were Seeking Grace Period in Implementation of MERC (Forecasting, Scheduling and Deviation Settlement for Solar and Wind Generation) Regulations The Maharashtra Electricity Regulatory Commission (MERC) has partially rejected a plea by renewable energy generators in Maharashtra seeking intervention in a matter regarding non-compliance of a MERC order regarding forecasting, scheduling and deviation […]

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Sterlite Power Drops 14.7% Stake in IndiGrid for Rs 840 Crore

Sterlite Power has sold 14.7 percent stake it held in India Grid Trust (IndiGrid) for Rs 840 crore to institutional and HNI investors. Sterlite Power, a leading global power transmission player, has announced that it has sold 14.7 percent stake it held in India Grid Trust (IndiGrid) for Rs 840 crore (unit price of Rs 98) to […]

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Masdar, EDF to Partner on 8 US Renewable Energy Projects Worth 1.6 GW

Masdar has announced a deal with EDF Renewables that will see it acquire a 50 percent stake in a 1.6 GW renewable energy portfolio. EDF Renewables North America and Masdar, a subsidiary of Mubadala Investment Company, have announced Masdar’s second strategic investment in the United States (US) in a deal with EDF Renewables North America […]

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BHEL Tenders for Commissioning of BESS for TERI at 3 Sites in Delhi

BHEL has issued a tender for setting up of 410 kWh BESS for TERI at 3 sites in Delhi. Bharat Heavy Electricals Limited (BHEL) has issued a tender, inviting bids from eligible firms for setting up of 410 kWh Battery Energy Storage Systems (BESS) for The Energy Resources Institute (TERI) at 3 sites in Delhi. […]

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