Convergence Energy Services Limited (CESL), a wholly-owned subsidiary of Energy Efficiency Services Limited (EESL), has announced the floating of a request for proposal for demand for electric buses, under the ‘Grand Challenge’ – a set […]
Power Finance Corporation Limited’s (PFC) arm PFC Consulting Limited (PFCCL) has transferred two wholly-owned subsidiaries to Adani Transmission Limited (ATL) for implementing power transmission projects The two subsidiaries that have beentransferred are Karur Transmission Limited […]
The Cabinet Committee on Economic Affairs under the Government of India (GoI) has approved the equity infusion of Rs15 billion in Indian Renewable Energy Development Agency Limited (IREDA).… This equity infusion will help in emission […]
The Ministry of Finance had launched a programme in June 2021 to allow additional borrowing space of Rs 800 billion to states, which is conditional on them undertaking and sustaining specific reforms in the power […]
The union power secretary has reviewed the status of biomass co-firing and progress of the actions being taken to promote the co-firing in the thermal power plants (TPPs) under Sustainable Agrarian Mission on use of Agro Residue […]
NTPC Limited has invites bids from developers to build 900 MW solar photovoltaic (PV) park in Republic of Cuba. … NTPC, a corporate partner of International Solar Alliance (ISA),has been selected as the preferred partner for […]
Power Finance Corporation Limited (PFC) and REC Limited have further reduced their lending rates across all types of loans by 40 bps.… In the last about one year, both the organisations have reduced lending rates […]
NTPC Limitedhas planned to raise up to $750 million through external commercial borrowing (ECB). … The company is looking to raise ECB in the form of term loan amounting to $500 million plus a green […]
The power consumption in India has increased marginally by 1.5 per cent during January 1, 2022 to January 14, 2022, to 49.34 BUs, as compared to the same period a year ago. … During January […]
The Ministry of New and Renewable Energy (MNRE) has amended the Approved Models and Manufacturers (ALMM) of Solar Photovoltaic Modules (Requirements for Compulsory Registration) Order, 2019 to include open access and net-metering projects. … The […]
The Solar Energy Corporation of India Limited (SECI) has invited bids to set up 1,200 MW inter-state transmission system (ISTS) connected wind power projects across the country. The project will be bid under the tariff-based […]
Power Grid Corporation of India Limited (Powergrid) has signed a joint development agreement with the pan-African infrastructure investment platform, Africa50, to continue the development of the Kenya transmission project on a public-private partnership (PPP) basis. […]
SJVN Limited will foray into power trading business following the Central Electricity Regulatory Commission (CERC) granting it an inter-state trading licence. SJVN will now be trading electricity generated by any public and private generating companies […]
PTC India Limited (PTC) has secured a tender worth Rs 90 million for providing power management services to Mumbai Port Trust (MbPT) for three years. PTC will provide technical advisory services, operation and maintenance of […]
SJVN Limited has bagged 125 MW grid connected solar power project in Uttar Pradesh. The company has been issued letter of intent (LoI) by the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) for […]
SJVN Limited has been given category ‘I’ licence for the inter-state trading of power in the entire country by the Central Electricity Regulatory Commission (CERC). According to the CERC order, no objections were received on […]
Nepal Power Exchange Limited (NPEL) has signed a trading agreement with India’s Manikaran Power Limited. Under the agreement, NPEL will sell electricity produced by the domestic private sector to India via Manikaran Power Limited. In […]
PTC India Limited (PTC) has been appointed as aggregator for procuring electricity for five years by Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO).… TANGEDCOhas appointed PTC as the aggregator for their recently floated tender […]
Total outstanding dues owed by discoms to power producers have risen by 4.4 per cent year-on-year to Rs 1,210.30 billion, in January 2022.… The discoms owed a total of Rs 1,159.04 billion to the gencos […]
The Finance Minister has assured that basic custom duty (BCD) on solar modules will be implemented from the scheduled date of April 1, 2022. The implementation of BCD will save domestic players from stiff price […]
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