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Home2021March

Month: March 2021

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International News

Green Climate Fund allocates $300 million to support ADB’s work in southeast Asia

March 25, 2021

The Green Climate Fund (GCF) has allocated $300 million to support the Asian Development Bank’s (ADB) efforts to help Southeast Asia shape a climate-resilient, environmentally sustainable economic recovery from the COVID-19 pandemic. … The Association […]

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State Sector

Odisha government requests for early execution of NTPC’s TTPS stage III project

March 25, 2021

The government of Odisha has urged the centre to take steps for early execution of the Talcher Thermal Power Station (TTPS) Stage-III project by NTPC. In 2010, NTPC proposed to expand the capacity of the […]

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State Sector

UPPTCL to develop six new substations by 2023

March 25, 2021

Uttar Pradesh Power Transmission Corporation Limited (UPPTCL) is planning to build six new substations in Greater Noida with capacities ranging between 132 kV, 220 kV and 400 kV by 2023. In addition, it is also […]

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State Sector

NEEPCO lifts power supply regulation to Meghalaya Energy Corporation

March 25, 2021

North Eastern Electric Power Corporation Limited (NEEPCO) has lifted the regulation of power supply to Meghalaya after the Meghalaya Energy Corporation Limited (MeECL) assured to clear the outstanding dues in three instalments. The central government […]

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Private Sector

JSW Energy plans $1 billion overseas bond issue for clean energy business

March 25, 2021

JSW Energy is reportedly planning to raise up to $1 billion in a maiden dollar bond sale to expand its footprint in clean energy projects. The green bonds proposed to be launched are expected to […]

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Reforms and Regulations

Power ministry launches CESL’s Gram Ujala scheme in Varanasi

March 25, 2021

The union power minister has launched the Convergence Energy Services Limited (CESL) Gram Ujala scheme that seeks to distribute LED bulbs at a cost of Rs 10 per bulb in the rural areas of Varanasi. […]

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International News

Sunseap installs offshore floating solar farms in Johor Straits, Singapore

March 24, 2021

Solar energy provider Sunseap Group, Singapore has installed offshore floating solar farms in Johor Straits. It is one of the world’s largest offshore floating solar farms which is expected to produce around 6,022,500 kWh energy […]

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Private Sector

ABB achieves cumulative 5 GW milestone in delivering solar plant automation solutions in India

March 24, 2021

ABB has achieved a milestone of 5 GW in delivering programmable logic controller (PLC) based solar plant automation solutions in India. … ABB has won many significant solar power projects across India for its utility-scale Supervisory Control and […]

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Private Sector

Adani Green to acquire 75 MW solar projects from Sterling & Wilson

March 24, 2021

Adani Green Energy Limited (AGEL) will acquire 75 MW operating solar projects from Sterling & Wilson, for Rs 4,460 million. … Definitive agreements have been signed between AGEL and Sterling & Wilson for acquiring 100 per […]

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State Sector

WBERC allows net metering for rooftop solar plants installed before June 30, 2021

March 24, 2021

The West Bengal Electricity Regulatory Commission (WBERC) has allowed consumers who install solar photovoltaic systems before June 30, 2021 to install net metering facilities. In January 2021, the WBERC had issued amendments to the co-generation and electricity […]

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Central Sector

NLC India-Coal India Limited to invest in 3 GW of solar power projects

March 24, 2021

NLC India Limited and Coal India Limited have formed a joint venture (JV) which will invest in solar power generation projects of 3,000 MW capacity. … The 50:50 joint venture company, Coal Lignite Urja Vikash Private Limited will need […]

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Central Sector

Loans worth Rs 4.63 billion disbursed under liquidity package

March 24, 2021

Power distribution utilities (discoms) have received Rs 463,210 million as loans under the liquidity infusion scheme of AatmaNirbhar Bharat Abhiyan from REC Limited and Power Finance Corporation (PFC). Under this scheme which was launched in the […]

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Private Sector

KEC secures new orders amounting to Rs 14,290 million across businesses.

March 23, 2021

KEC International Limited has secured new orders of Rs 14,290 millionacross its various businesses, including transmission and distribution (T&D). … In the T&D sector, KEC International has won orders amounting to Rs 7,010 million for […]

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Private Sector

TPDDL announces the launch of virtual assistant for customers.

March 23, 2021

Tata Power-DDL (TPDDL) has launched a virtual assistant called “Roshni”.  The objective of this digital assistant is to enhance the digital experience of consumers. … Thefacilitieswhich are being offered by Roshni are: complaints related to […]

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International News

South Africa to execute three offshore power ships to mitigate severe power crisis

March 23, 2021

South Africa has announced its plans to execute three offshore power ships and greater investment in renewable energy (RE) to promote the use of solar, wind energy, and RE sources. … The Ministry of Mineral […]

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Private Sector

KEC secures new orders amounting to Rs 14,290 million across businesses.

March 23, 2021

KEC International Limited has secured new orders of Rs 14,290 millionacross its various businesses, including transmission and distribution (T&D). … In the T&D sector, KEC International has won orders amounting to Rs 7,010 million for […]

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State Sector

UPERC approves power sale agreement for 380 MW wind projects at a trading margin of Rs 0.07/kWh.

March 23, 2021

The Uttar Pradesh Electricity Regulatory Commission (UPERC), in a recent order, has approved a power sale agreement (PSA) for the purchase of 380 MW of wind power. It has also approved a trading margin of […]

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State Sector

Gujarat’s500 MW solar auction sees winning tariff of Rs 2.20 per kWh.

March 23, 2021

In the solar auction conducted by the Gujarat Urja Vikas Nigam Limited (GUVNL) for 500 MW of capacity, the winning tariff bidhas been quoted as Rs 2.20 per kWh.This is the first solar auction after […]

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International News

EAIF lends Euro 29 million for a 30 MWp solar PV plant in Burkina Faso, Africa

March 22, 2021

The Emerging Africa Infrastructure Fund (EAIF), a member of the Private Infrastructure Development Group (PIDG), has approved a loan of Euro 29 million for the construction of the 30 MWp Pâ solar PV plant. … […]

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Private Sector

Prescinto closes $ 3.5 million in seed funding for international expansion

March 22, 2021

Prescinto, a solar monitoring and analytics platform has announced that it has closed $ 3.5 million in seed round funding for expansion into international markets (primarily the US market) and further intellectual property and artificial […]

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