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Home2021March

Month: March 2021

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Projects & Ventures

BHEL secures overseas turnkey contract for grid-connected solar PV power plant

March 22, 2021

Bharat Heavy  Electricals  Limited  (BHEL)  has  secured its maiden overseas turnkey contract for a 8 MW grid-connected solar photovoltaic (PV) power plant. The solar farm will be set up by BHEL at Tamarind Falls, Henrietta […]

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Private Sector

AGEL awarded 300 MW wind power project under SECI tender

March 22, 2021

Adani Green Energy (AGEL) has been awarded a 300 MW wind power project under a tender issued by the Solar Energy Corporation of India (SECI) for setting up 1,200 MW ISTS-connected wind projects. Adani Renewable […]

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Private Sector

Competition Commission approves majority acquisition of equity share capital of NESCO by Tata Power

March 22, 2021

The Competition Commission of India (CCI) has approved the acquisition of 51 per cent of the equity share capital of North Eastern Electricity Supply Company of Odisha (NESCO) by Tata Power Company Limited (TPCL) from […]

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State Sector

Delhi government to offer interest subvention of 5 per cent for EV policy

March 22, 2021

The Delhi government plans to offer an interest subvention of up to 5 per cent through the Delhi Finance Corporation (DFC) on purchase of electric vehicles (EVs) in the city.… This has been done to […]

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International News

Laos’ EDLT signs concession agreement with government

March 19, 2021

Electricite du Laos Transmission Company Limited (EDLT),—the joint venture (JV) between China Southern Power Grid (CSG) and Lao state-run Electricite du Laos (EDL)— have signed a concession agreement (CA) with the Laotian government in the […]

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State Sector

OPTCL to develop 400/220/33 kV substation at Paradeep port

March 19, 2021

Odisha Power Transmission Corporation Limited (OPTCL) is planning to build a 2×500 MVA, 400/220/33 kV substation, along with associated transmission lines, in the Paradeep port area of Odisha. The utility will be constructing the facilities […]

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Central Sector

USAID, DFC to grant $41 million loan to help Indian SMEs finance rooftop solar

March 19, 2021

The United States Agency for international development (USAID) and US international Development Finance Corporation (DFC) are jointly sponsoring loans worth $41 million to finance loans to Indian small and medium enterprises (SMEs) for renewable energy, […]

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State Sector

Chhattisgarh releases draft RPO regulations for 2021-2026

March 19, 2021

The Chhattisgarh State Electricity Regulatory Commission (CSERC) has issued a draft notification for the state’s renewable purchase obligation (RPO) and renewable energy certificates (REC) framework regulations for 2021-2026. The Chhattisgarh State Renewable Energy Development Agency […]

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Private Sector

Adani Green raises $1.35 billion debt financing for its renewable energy portfolio

March 19, 2021

Adani Green Energy Limited (AGEL) has raised $1.35 billion (Rs 97.93 billion) debt from 12 international banks for financing its under-construction renewable asset portfolio. … The revolving project finance facility would initially finance 1.69 GW […]

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International News

Orix Corporation acquires a 21.8 per cent stake in Greenko

March 18, 2021

Japanese financial services company, Orix Corporation reported the completion of the acquisition of a 21.8 per cent stake in Greenko Energy Holdings for about $961 million. … As per the agreement, Orix will also add […]

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State Sector

Dues worth Rs 192.2 million collected under one time settlement scheme of MePDCL

March 18, 2021

Under the one time settlement (OTS) scheme of the Meghalaya Power Distribution Corporation Limited (MePDCL), an amount of Rs 192.2 million has been collected has been collected from its consumers. The total dues of MePDCL’s […]

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Private Sector

Greenko to set up Rs 300 billion hybrid project in Rajasthan

March 18, 2021

Greenko Energy is planning to develop a Rs 300 billion hybrid project in Rajasthan of which will comprise a pumped hydro storage project of 2,520 MW capacity estimated at Rs 118.82 billion. … The proposed […]

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State Sector

Jammu & Kashmir government approves setting up of Ratle Hydroelectric Power corporation to develop 850 MW HEP

March 18, 2021

The Jammu and Kashmir government has approved the incorporation of a joint venture company (JVC) Ratle Hydro-electric Power Corporation to implement the 850 MW Ratle hydro-electric project (HEP) on river Chenab in Kishtwar district at […]

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Central Sector

Convergence Energy issues tenders for 10 million LED lamps under Gram UJALA Program

March 18, 2021

Convergence Energy Services Limited (CESL), a wholly-owned subsidiary of Energy Efficiency Services Limited (EESL), has invited bids from interested bidders for seeking private participation on a revenue-sharing basis for distributing 10 million LED lamps under […]

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International News

Large-scale vanadium redox flow battery (VRFB) technology is expected be deployed at a 100 MW solar energy power plant in China.

March 17, 2021

VRB Energy, a clean technology company, has announced a framework agreement for a 100 MW solar and 100 MW/500 MWh vanadium flow battery integrated power project at Xiangyang, Hubei Province, China. … The framework agreement […]

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Projects & Ventures

Siemens commissions ±320 kV HVDC link connecting Pugalur in Tamil Nadu to Thrissur in Kerala

March 17, 2021

Siemens Limited, in association with a consortium of Siemens Energy, Germany and Sumitomo Electric Industries Limited, Japan has commissioned a ±320 kV HVDC link to connect Pugalur in Tamil Nadu to Thrissur in Kerala. … […]

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Central Sector

EESL report says district cooling system and energy efficient ACs can be the enablers of India’s cooling revolution

March 17, 2021

Energy Efficiency Services Limited, (EESL) with support from Global Environment Facility (GEF) and UN Environment Programme (UNEP) have launched a market assessment study for super-efficient ACs. A report on District Cooling Potential in India was […]

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Central Sector

CCEA approves revised cost estimates for Comprehensive Scheme for Strengthening of Transmission and Distribution in Sikkim and Arunachal Pradesh

March 17, 2021

The cabinet committee on economic affairs (CCEA) has approved the revised cost estimate (RCE) of Rs 91,293.20 million for strengthening of intra-state transmission and distribution systems in Sikkim and Arunachal Pradesh. … This scheme is […]

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Central Sector

PTC signs a pact with NPC to explore prospects in business opportunities in consultancy services

March 17, 2021

PTC India Limited has signed an initial pact with the National Productivity Council (NPC), an organisation under the Department for Promotion of Industry and Internal Trade, to jointly explore and develop business opportunities in consultancy […]

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Central Sector

Dr.Ajay Mathur takes over as Director General of International Solar Alliance (ISA)

March 16, 2021

Dr.Ajay Mathur has assumed office as Director General of International Solar Alliance. He was elected for the role by the Special Assembly of the ISA on February 15. The appointment is for four years which […]

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