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solar energy power

PM-KUSUM: Gujarat Discom Gets The Lowest Tariff of Rs 2.15/kWh

The Gujarat Electricity Regulatory Commission (GERC) has now approved the tariffs for Component-C of the PM-KUSUM scheme. Earlier, Madhya Gujarat Vij Company Limited (MGVCL) had approached the state electricity regulator seeking to adopt the tariffs. These tariffs were discovered through a tariff-based competitive bidding process. Earlier, a tender was floated by MGVCL seeking parties who […]

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KPI Green Terminates 66.2 MW Hybrid Order With Sai Bandhan Infinium

KPI Green Energy has terminated a 66.2 MW hybrid power project order received from Gujarat-based Sai Bandhan Infinium, which is preparing for an initial public offering (IPO). The order, awarded in 2024, was scrapped six months later due to changes in technical requirements, the company said in a regulatory filing. “The project, part of the […]

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Green Stocks April 7- Stocks Endure Another Trump Induced Rout

As what is primarily a US-China slugfest continued, stock markets around the world bore the brunt, dropping by 4% to 13%. India’s Indices had it relatively easy, coming in among the few to drop less than 5%. If that sounds like a win, then the performance of India’s green energy stocks versus Chinese giants listed […]

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Don’t Levy Wheeling Charges In Select Open Access Cases: MERC

The Maharashtra Electricity Regulatory Commission (MERC), in its latest judgment, stated that the state discom is not entitled to levy wheeling charges on certain open-access connections. The ruling came after three solar power generators and consumers approached the Commission with complaints. The petitioners included ReNew Sun Renewables, Renew Surtya Alok, and Renew Sunlight Energy. They […]

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IndiGrid Commissions First Utility-Scale BESS Project In Delhi

IndiGrid, an Indian power sector Infrastructure Investment Trust (InvIT), has commissioned one of India’s first regulated utility-scale standalone Battery Energy Storage System (BESS) projects with a capacity of 20 MW / 40 MWh in Delhi – Kilokari BESS Private Limited (KBPL). KBPL has been designed to integrate renewable energy into the distribution level grid system, […]

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Aditya Birla Renewables Appoints Amit Jain As Its New CEO

Amit Jain, a senior business leader with over 30 years of experience in renewables, energy (power, oil & gas), and telecom infrastructure, has joined Aditya Birla Renewables as its new Chief Executive Officer (CEO). An EPC sector veteran, Jain has worked across renewable energy, oil and gas, chemical and process plants, power transmission, and telecom […]

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Govt Expands Transmission Project Area In Bidding Rule Update

The Ministry of Power (MoP) in its latest bidding rule update has amended norms under its Standard Bidding Documents (SBDs) to streamline the procurement of inter-state transmission services through tariff-based competitive bidding (TBCB). The latest provision aims to expand the area for developing the project to a 5-km radius. The revisions affect the Request for […]

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Green Stocks April 4: No Respite As US Tariffs Continue To Trip Up markets

After having apparently dodged the worst of the impact from US Tariff announcements today, there was no escaping the impact today. the Indian markets followed most global markets in going for a dive. Markets are clearly digesting the uncertainty of follow on actions on April 9 from the US spreading to more sectors, as well […]

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