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Powergrid Restores Power Supply in Cyclone-hit Odisha

State-run Power Grid Corporation of India Ltd (Powergrid) has announced that it has helped state utilities restore electricity supply in cyclone-hit Odisha.  Cyclone Fani on May 3, 2019, caused massive damage to power supply infrastructure in coastal Odisha, uprooting lakhs of electric poles, transformers and collapse of towers, Powergrid said in a statement.  “Powergrid has helped restore power with […]

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CEL Issues Tender For O&M of 509 kW Solar Plant in Maharashtra

The last date for bid submission is May 16, 2019 The Central Electronics Limited (CEL) has issued a tender, seeking bids from eligible bidders to take on the operation and maintenance (O&M) services of a 509.355 kW solar power plant installed at 33/11 kV MSEDCL substation in Nasik, Maharashtra. The bidder shall be responsible for […]

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Tata Power Inks Pact with MGL to Expand Footprints in e-mobility, Other Services

This deal is the fourth major partnership of an electric utility company with an energy retailer to further expand its presence in the e-mobility space. In order to become future ready, utility giant Tata Power has entered into an agreement with one of the country’s leading city gas distribution companies, Mahanagar Gas Ltd (MGL), to […]

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Panasonic and GS Solar to Collaborate on PV Technology

Japanese multinational electronics conglomerate, Panasonic has reached a collaboration and acquisition agreement with Chinese solar energy solutions provider GS-Solar Company Ltd. in the field of photovoltaic technology. Under the agreement, GS-Solar will acquire Panasonic’s solar manufacturing subsidiary, Panasonic Energy Malaysia, while establishing a new company with Panasonic. With the Chinese firm holding a 90 percent […]

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Solar Project Investor PFS Reports 12.7% Growth in 2018-19

Indian power projects investor. PTC Financial Services (PFS) has issued its results for the financial year 2018-19. For PFS the total revenue for the year stood at Rs 1,336.51 crore, which was Rs 151.36 crore more than the company reported in the previous year (FY 2017-18) at Rs 1,185.15 crore. From 2017-18 to 2018-19 the […]

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New 3D Solar Cell Design Could Revolutionise PV Manufacturing

The innovative 3D design removes many of the manufacturing process steps required by existing photovoltaics (PV) modules An innovative 3D solar-cell design with a radically different architecture that can drive down the costs of cell manufacture may define the future of renewable energy as it potentially reduces optical losses within a device, according to UK […]

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Tata Power’s Renewable Biz Shines Again; EBITDA Up 35% in Q4

During the quarter, the Mumbai-headquartered company’s profit after tax (PAT) before exceptional items stood at Rs 259 crore, as against Rs 118 crore. Utility giant Tata Power’s renewable energy business again unveiled a significant growth during the fourth quarter of FY19, as it’s consolidated EBITDA surged 35 per cent to Rs 1,879 crore, mainly driven by […]

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PGCIL Floats Tender For Rooftop Solar Plants at Bhatapara Substation

The last date for bid submission is May 28, 2019 The Power Grid Corporation of India Ltd. (PGCIL) has invited bids for the setting up of grid-interactive rooftop solar PV power plants at 400/220 KV Bhatapara Substation in Maharashtra. The total tendered capacity for projects is 220 kW, of which 60 kW will be developed […]

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