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Pharmaceutical Major Cipla Set to Acquire 26% Stake in AMP Solar at ₹12.9 Million

Pharmaceutical Major Cipla Set to Acquire 26% Stake in AMP Solar at ₹12.9 Million

A filing made at the Bombay Stock Exchange (BSE) states that Mumbai-based global pharmaceutical major Cipla Limited has signed an agreement to acquire 26% stake on a fully diluted basis ...
ADB Provides $750 Million Loan to Indian Railways for Transitioning to Electric Power

ADB Provides $750 Million Loan to Indian Railways for Transitioning to Electric Power

The Indian Railway Finance Corporation (IRFC) has signed an agreement with the Asian Development Bank (ADB) for the electrification of railway tracks. This initiative is part of a broad modernization ...
Maharashtra Commission Asks MSEDCL to Invite Bids for Bagasse Projects with Expired EPAs

Maharashtra Commission Asks MSEDCL to Invite Bids for Bagasse Projects with Expired EPAs

Recently, the Maharashtra State Electricity Distribution Company Limited  (MSEDCL) had filed a petition before the Maharashtra Electricity Regulatory Commission (MERC) for the approval of procurement of bagasse-based co-generation power for ...
Old Off-Grid Solar Projects Could Soon Be Grid-Connected

MNRE’s NISE to Hold Workshop for Startups Specializing in Solar Technology in June 2019

The National Institute of Solar Energy (NISE), an autonomous institute under the Ministry of New and Renewable Energy (MNRE), is set to organize the fifteenth edition of its workshop on ...
CERC Orders Tariff Settlement for a 1.5 GW Hydro Project in Himachal Pradesh

CERC Orders Tariff Settlement for a 1.5 GW Hydro Project in Himachal Pradesh

The Central Electricity Regulatory Commission(CERC) has settled a dispute regarding the tariff determination of a hydro project in Himachal Pradesh. The CERC was hearing a petition filed by Sutlej Jal ...

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Himachal Pradesh

Himachal Pradesh Sets Generic Tariffs for Solar Projects for Six Months

The Himachal Pradesh Electricity Regulatory Commission (HPERC) has set generic levelized tariffs for solar photovoltaic (PV) projects for the first six months of the financial year (FY) 2019-20. These generic tariffs ...
GuarantCo and Sindicatum Renewables Sign Deal for Green Bonds Worth $60 Million

UK’s Zouk Capital Acquires Majority Stake in Italy’s Electric Mobility Utility BE Power

Zouk Capital, an infrastructure and private equity fund manager, based out of the United Kingdom, has acquired a majority stake in BE Power. BE Power is a digital utility active ...
China Approves Over 20 GW of Subsidy-Free Wind and Solar Projects

China Approves Over 20 GW of Subsidy-Free Wind and Solar Projects

China has approved over 20 GW of solar and wind projects as part of its plan to install unsubsidized renewable energy projects in the country. This first batch of subsidy-free ...
Co-Generation Projects in Maharashtra Can Fulfil Their RPO by March 2020

Co-Generation Projects in Maharashtra Can Fulfil Their RPO by March 2020

Fossil fuel-based co-generation projects in Maharashtra have got time up until March 2020 to fulfill their renewable purchase obligation (RPO) targets. The Maharashtra Electricity Regulatory Commission (MERC) provided this relief ...
Jharkhand Commission Approves PPA for 10 MW of Solar Projects

Jharkhand Commission Approves PPA for 10 MW of Solar Projects

The Jharkhand State Electricity Regulatory Commission (JSERC) has approved the procurement of 10 MW of solar photovoltaic (PV) power by Jharkhand Bijli Vitran Nigam Limited (JBVNL) from the Solar Energy ...
Uttar Pradesh Approves PPA for 14.5 MW of Municipal Solid Waste Projects

Uttar Pradesh Approves PPA for 14.5 MW of Municipal Solid Waste Projects

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has given its approval to the power purchase agreement (PPA) signed between Uttar Pradesh Power Corporation Limited (UPPCL) and Accord Hydroair (Pikhuwa) Private ...
Singapore’s United Overseas Bank Says No to Coal Lending

Singapore’s United Overseas Bank Says No to Coal Lending

In a decision taken at its annual general meeting held recently, the United Overseas Bank (UOB), Southeast Asia's third-largest finance group and Singapore’s third largest bank, has said that it ...
Railways Issues Solar Tender for 50 MW of Projects to be Developed in Bhilai

Northern Railways Floats Tender for 4.7 MW of Solar Rooftop Installations Across Stations

Under the Indian Railway Solar Mission, the Northern Railways has invited developers for setting up of 4.715 MW of rooftop installations. This tender consists of 133 installations of 10 kW ...
Kerala Commission Asks KSEB to Clarify Tariff Period, PPA Date for a Wind Project

Kerala Commission Asks KSEB to Clarify Tariff Period, PPA Date for a Wind Project

The Kerala State Electricity Regulatory Commission (KSERC) has asked the Kerala State Electricity Board (KSEB) and Kosamattam Finance Ltd. to arrive at a consensus regarding the date of commercial operation, tariff ...
/ / Other, Wind
SECI’s 1,200 MW Wind Tender Receives Bids Totaling 2,190 MW

Maharashtra Commission Warns MSEDCL for Non-Payment to Wind Developers

The Maharashtra Electricity Regulatory Commission (MERC) has pulled up state’s DISCOM (MSEDCL) for the continued delay in meeting payment obligations to independent power producers, including delayed payment charge, and for ...
/ / Other, Wind
SECI Extends Bid Submission Deadline for 500 MW of Solar Projects in Tamil Nadu

SECI Extends Bid Submission Deadline for 500 MW of Solar Projects in Tamil Nadu

The Solar Energy Corporation of India (SECI) has extended the bid submission deadline for the tender to set up 500 MW (Phase I) of grid-connected solar photovoltaic (PV) projects in ...
Solar Developer and Haryana Power Purchase Centre Spar Over Applicable Generic Tariff

Solar Developer and Haryana Power Purchase Centre Spar Over Applicable Generic Tariff

Siwana Solar Power Projects Private Limited, which has a 5 MW solar project installed at Mithi village in Bhiwani district, recently filed a petition before the Haryana Electricity Regulatory Commission ...
Price War Not Desirable for Any Industry: An interview with Sungrow’s Sunil Badesra

Price War Not Desirable for Any Industry: An interview with Sungrow’s Sunil Badesra

In India, there are over 30 inverter suppliers, which means there’s healthy competition in the market. Over the past two years (2017 and 2018), the top four inverter suppliers in ...
IFC to Invest $150 Million in Aditya Birla Finance

Renewable Development Firm Lightsource BP Raises £150 million to Finance Solar Projects

Lightsource BP, a global renewable energy development firm, has raised £150 million in debt financing from Caisse de dépôt et placement du Québec (CDPQ), a long-term institutional investor. The funds will be utilized ...
Rewa Solar Park Projects

Sprng Energy Commissions 250 MW of Solar Projects at Madhya Pradesh’s Rewa Solar Park

Sprng Energy Private Limited, the renewable energy platform of Actis Private Equity Funds, has announced the commissioning of its first renewable energy project in India. The 250 MW solar project ...
ACME, Adani, Essel Were the Top Solar Project Developers in India in 2018

ACME, Adani, Essel Were the Top Solar Project Developers in India in 2018

In 2018, ACME, Adani, and Essel were the top three developers of utility-scale solar projects in India in terms of installed capacity and accounted for 27% of installations in the ...
Prism Johnson Acquires 30% Stake in Cleantech SPV to Build 22 MW of Captive Solar Projects

Rajasthan Clarifies How Wheeling Charges on Solar Projects are to be Applied

The Rajasthan Electricity Regulatory Commission (RERC) has dismissed petitions filed by captive solar project developers seeking relief from applicable wheeling and banking charges. In this case, the petitioners were: Goyal ...
West Bengal Invites Developers to Install 2 MW of Rooftop Solar Projects

Andhra Pradesh Approves DISCOM-Driven Rooftop Solar Program

The Andhra Pradesh Electricity Regulatory Commission (APERC) has approved a DISCOM-driven solar rooftop program proposed by the Eastern Power Distribution Company of Andhra Pradesh Limited (APEPDCL). The APEPDCL had petitioned the ...
/ / Rooftop, Solar
Deadline for Self-certification of Solar Modules Extended by Another 3 Months

Rajasthan Invites Domestic Manufacturers to Supply 4,50,000 Chip Solar Cells

The Rajasthan Electronics and Instruments Limited (REIL) has issued a notice inviting tenders for the supply of chip solar cells of 2.87 Watt capacity from domestic manufacturers. The last date ...
Amplus to Develop 150 MW of Solar Projects in Haryana as State Waives Open Access Charges

Amplus to Develop 150 MW of Solar Projects in Haryana as State Waives Open Access Charges

Amplus Energy Solutions has decided to make the most of the waiver provided to open access solar photovoltaic (PV) projects in Haryana. The company has secured an approval from the ...