A new renewable energy fund plans to invest over $2.5 billion in Southeast Asian renewable energy projects to support the region’s recovery from the pandemic, with a focus on the Philippines, Vietnam and Indonesia. According […]
Hitachi Limited has announced that it has completed the procedures for its 80.1 per cent investment in the company operating power grids business that had been carved out from ABB Limited, pursuant to the acquisition […]
Industry body Federation of Indian Chambers of Commerce and Industry (FICCI) has recommended various measures to the government including the continuation of the FAME (Faster Adoption and Manufacturing of Hybrid and Electric Vehicle)-II scheme till […]
Tata Power’s board has given an in-principle approval for setting up of an InvIT for the company’s renewable business on terms and conditions to be discussed with potential investors. The company’s long-term strategic plan involves […]
Adani Electricity Mumbai Limited (AEML) plans to install over 700,000 smart meters in the coming months to ensure real-time information to consumers on their electricity consumption. The Maharashtra Electricity Regulatory Commission (MERC) has approved capital […]
Feedback Energy Distribution Company Limited has entered into an input-based distribution franchisee agreement with state discom Tripura State Electricity Corporation Limited (TSECL) for four electrical divisions. The divisions for which the DF agreement has been […]
July Issue 2020
Sharp Energy Solutions Corporation (SESJ), part of Sharp Corporation has completed a 45 MW direct current (DC) solar power project in Vietnam. The photovoltaic (PV) facility was built by the company and partners including Vietnam-based […]
Suzlon Group has completed its debt restructuring by reducing its term debt substantially with an interest rate of 9 per cent per annum. repayable over 10 years starting 1st July, 2020. The balance debt of […]
Kerala State Electricity Board Limited has shortlisted eight companies (consortiums) eligible for setting up electric vehicle charging stations in select locations in the state. Among the eight companies/consortiums selected by the board after inviting expression […]
The Ministry of New and Renewable Energy (MNRE) has clarified that the lockdown period for time extension for renewable energy (RE) projects as per its previous order will be considered from March 25, 2020, when […]
NTPC has commissioned the second 150 MW unit of its Kameng hydropower project. In June 2020, the first unit of 150 MW was made commercially operational. The remaining third unit of 150 MW of the […]
Italy’s Enel Group has won its first solar photovoltaic tender in India and would be spending around $180 million to build its first solar plant in the country. Solar Energy Corporation of India Limited (SECI), […]
China’s Wudongde hydropower project has begun generating electricity after a trial run, marking the opening of the latest in a series of dams at the upper reaches of the Yangtze river. The Wudongde project began […]
According to ICRA’s analysis, the opening up of the coal sector for private commercial mining , for which the first list of mines have been published by the Central Government on June 18, 2020, is […]
GE T&D India Limited has appointed Pitamber Shivnani as the managing director and chief executive officer of the company, effective July 1, 2020. Pitamber joined the GE on January 15, 2020, as the CEO, after […]
In view of the complaints raised by consumers over surge in bills, the Maharashtra Electricity Regulatory Commission has held a review meeting with the state’s discoms. The commission has noted that the increase in bills […]
CIL is planning to invest Rs 160 billion for modernisation to increase the efficiency of coal transportation and computer-aided loading. CIL has identified 14 additional projects for its first mile connectivity initiative (FMC) under Phase […]
The government is planning to allow a pass-through in power tariffs for projects awarded before the basic customs duty (BCD) on imported solar cells, modules, and inverters is imposed from August . The move is […]
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