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RE Producers can Move NCLT Against Discoms Over Dues: RK Singh

Flagging non-payment of dues by Discoms to renewable energy producers, RK Singh has cautioned states that the developers could approach NCLT Flagging non-payment of dues by power discoms to renewable energy producers, Union Power Minister RK Singh has cautioned seven states, including Maharashtra and Karnataka, that the developers could approach NCLT against the distribution companies to recover payments of […]

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Innolia Energy Invests Rs 225 cr in PV Modules, EV Products Manufacturing

Innolia Energy has launched a project worth Rs 225 crore to set up a manufacturing facility in Hyderabad for solar modules, lithium battery and EV products US-based Innolia Energy has recently announced that it has launched a project entailing an investment of Rs 225 crore to set up a manufacturing facility in Hyderabad for solar modules, lithium battery and electric […]

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European Utilities, Strategic Vendors Dominate EV Charging M&A Activity

Strategic vendors and European utilities were responsible for over 80 percent of EV charging M&A activity from 2010 through H1 2019 A new report has revealed that strategic vendors – companies that offer products or services in the EV market – and European utilities were responsible for over 80 percent of electric vehicle (EV) charging […]

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Payment Dues to Renewable Firms Now at Rs 9735.6 Crore

The CEA has revealed that the total payment dues for the 513 active renewable energy projects in the country, as of July 31, 2019, was Rs 9735.6 crore. The latest report issued by the Central Electricity Authority (CEA) has revealed that the total payment dues for the 513 active renewable energy projects in the country, […]

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Delhi Discoms Cut Regulatory Assets by Rs 3029 cr in 5 Years

Delhi Discoms have seen a steady decline in regulatory assets to Rs 8,377 crore over the last five years, down by Rs 3029 crore in that period. The power sector in Delhi has seen a steady decline in regulatory assets to Rs 8,377 crore over the last five years, helping the AAP government keep tariffs under check, […]

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Rajasthan, Utah Sign Agreement to Collaborate in Energy Sector

The Rajasthan government and state of Utah in the US have entered into a partnership for knowledge sharing and collaboration in the energy sector The Rajasthan government and state of Utah in the US have entered into a partnership for knowledge sharing in the energy sector. The two states signed an MoU last week to advance state-level policy exchange, share emerging […]

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NTPC Collaborates With IOCL to Commission 1st EV Charging Station

NTPC, in collaboration with IOCL, has commissioned its first EV charging station at an IOCL petrol pump in Greater Noida State-owned power utility NTPC Ltd. has announced the commissioning of its first electric vehicle (EV) charging station along with the Indian Oil Corporation (IOCL). The charging station has been installed at an IOCL petrol pump […]

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Siemens Gamesa Selected for 95 MW Expansion Project in Iowa

Siemens Gamesa has been selected for the Southern Hills Expansion wind power project in Iowa, which will feature 21 SG 4.5-145 wind turbines Siemens Gamesa has been selected by MidAmerican Energy Company for the Southern Hills Expansion wind power project, which will feature 21 SG 4.5-145 wind turbines, operating at 4.8 MW, and will be […]

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Adani Green Energy Revenue Jumps 40% YoY in Q1 2019-20

Adani Green Energy has reported total revenue in Q1 of Rs 661 crore, a jump of 40 percent yoy from the same quarter in the last financial year. Adani Green Energy (AGEL), a part of the Adani Group, recently announced its financial results for the first quarter ending June 30, 2019, of the financial year […]

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