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Home2021May

Month: May 2021

No Picture
Company Release

Sany adopts new emission norms and launches four truck cranes

May 7, 2021

Sany India has successfully adopted the new Bharat CEV Stage IV norms and upgraded and launched four new truck cranes – STC250C, STC450C, STC600C and STC800C – in the market. The truck cranes adhere to […]

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Company Release

IH2A submits six-point recommendation to GoI 

May 7, 2021

India H2 Alliance (IH2A) has submitted a six-point agenda to the Government of India (GoI) for creating a domestic “Bharat H2” supply chain and building hydrogen systems at scale. The submission was made jointly by […]

Smart grids

Unlocking Efficiency: Role of AI and ML in grid operations

May 7, 2021

The power transmission companies are adopting digitally empowered technologies such as artificial intelligence (AI) and machine learning (ML) to unlock efficiency gains and economic benefits. The technologies will increase grid reliability by augmenting the grid […]

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International News

KEA launches tender for 2 GW solar power capacity

May 6, 2021

The Korea Energy Agency (KEA), South Korea has floateda tender for over 2 GW of solar power capacity, the largest solar tender in the country so far. … KEA plans to allocate 2,050 MW in […]

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Private Sector

KPI Global to execute 12.5 MW solar power project

May 6, 2021

Gujarat based KPI Global has secured an order to execute a 12.5 MW solar power project. … It has been received under the captive power producer (CPP) category from Anupam Rasayan India, Surat. The company […]

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Private Sector

Tata Power contemplating an IPO of $473 million for RE business

May 6, 2021

Tata Power is reportedlyconsidering an initial public offering (IPO) of $473 million for its renewable energy (RE) business.… Thecompany has shlevedits initial plans to seek a partner to invest in its RE business via an […]

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Private Sector

IEX power market achieves 90 per cent YoY growth in April 2021 at 7,707 million units

May 6, 2021

The Indian Energy Exchange (IEX) has traded in 7,707 million units as of April 2021, achieving 90.2 per cent year-on-year (Y-o-Y) growth from the last year on the platform. … The day ahead market (DAM) […]

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Reforms and Regulations

MoP asks SERCs to issue timely tariff orders for distribution licensees

May 6, 2021

The Ministry of Power (MoP) has asked 18 states and union territories to issue distributiontariff orders for 2021-22in line with provisions under the Electricity Act, 2003 at the earliest. … The government had asked the […]

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International News

ACWA Power to develop the largest single-site wind farm in Central Asia

May 5, 2021

Saudi Arabia based ACWA power has signed an implementation agreement for a 1,500 MW wind power project in Karakalpakstan, Uzbekistan. … This project will be the largest single-site wind farm in Central Asia. The agreement […]

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Private Sector

SHV Energy to invest Rs 18 billion in SunSource Energy to increase solar power generation capacity

May 5, 2021

Netherlands based SHV Energy is expected to invest Rs 18 billion to ramp up solar generation capacity of SunSource Energy. … SHV Energy, which is a part of private trading group SHV Holdings, has acquired […]

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Private Sector

Tata Power wins 350 MW solar auction in Maharashtra

May 5, 2021

Tata Power’s subsidiary, TP Saurya Limited, has won 250 MW of grid-connected solar photovoltaic projects at a solar auction in Maharashtra by quoting a price of Rs 2.51 per kWh. … The projects are located at […]

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State Sector

OERC requested to review proceedings to determine the ACoS of electricity for the 2021-22

May 5, 2021

Three review petitions have been filed with the Odisha Electricity Regulatory Commission (OERC), urging the commission to review power tariff. … The petitions are regarding the proceedings to determine the average cost of supply (ACoS) […]

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State Sector

NRED, Haryana issues draft solar power policy

May 5, 2021

The New and Renewable Energy Department (NRED), Haryana, has issued the draft ‘Haryana Solar Power Policy, 2021,’ on April 22, 2021 and requested government stakeholders to send their comments and suggestions within 15 days from […]

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International News

ENGIE announces development of 2 GW RE portfolio in Chile by 2025

May 4, 2021

ENGIE has made an announcement that it will be developing 2 GW renewable energy (RE) portfolio in Chile by 2025, including 1 GW newly announced and 1 GW committed to at the end of 2019. […]

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Private Sector

JSW Renew signs PPA with SECI for supply of 540 MW wind energy

May 4, 2021

JSW Renew Energy Limited, an arm of JSW Energy, has signeda power purchase agreement (PPA) for supply of 540 MW wind energy. … JSW Renew has signed the PPA with Solar Energy Corporation of India […]

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Private Sector

CEA permits JSW Energy to uprate KarchamWangtoo HEP

May 4, 2021

The Central Electricity Authority (CEA) has granted permission to JSW Energy to uprate the capacity of itsKarchamWangtoo Hydro Electric Project (HEP) from 1,000 MW to 1,091 MW. The uprating will be done in a phased […]

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State Sector

REIL invites bids for 8 MW capacity of solar rooftop projects

May 4, 2021

The Rajasthan Electronics and Instruments Limited (REIL) has invited bids for 8 MW capacity of grid-connected rooftop solar projects. … The scope of the work includes the survey, design, supply of balance of system, installation, […]

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Central Sector

PowerGrid InvIT IPO subscribed 4.83 times on last day of subscription

May 4, 2021

The initial public offering (IPO) of PowerGrid Infrastructure Investment Trust (InvIT) wassubscribed 4.83 times on the last day of subscription on Monday (May 3, 2021). The issue was valued at Rs 77,350 million and it […]

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International News

SEACEF announces investment in Vietnam-based 500 MWp floating solar power plant

May 3, 2021

Singapore based Southeast Asia Clean Energy Facility (SEACEF) has announced its investment in development of a 500 MWp floating solar and storage project in Dong Nai Province, Vietnam. The project is under development by Blueleaf […]

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State Sector

JERC determines levelized tariff for solar power projects in Daman & Diu

May 3, 2021

The Joint Electricity Regulatory Commission (JERC) for the state of Goa and Union Territories has determined the levelized tariff for solar power projects at in Daman and Diu. … For rooftop solar projects installed before the implementation […]

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