LATEST NEWS
No Increase in RPO of Captive Projects if Additional Capacity Not Added: Ministry of Power
The Ministry of Power has passed an order stating that the renewable purchase obligations (RPO) of captive power projects should be fixed at the appropriate level in the year such projects ...
Government Proposes $700 Million Plan for EV Infrastructure Revamp in the Next 5 Years
Recently, the Ministry of Power (MoP) in a meeting with the Fifteenth Finance Commission in New Delhi, proposed measures to support the development of Flue Gas Desulfurization (FGD) infrastructure and ...
MNRE Gets ₹1.75 Billion for Renewable Energy Research and Technology Development
The President of India has given his approval for the continuation of renewable energy research and technology development (RETD) program for implementation during 2017-18 and 2019-20 at the cost of ...
ReNew Power Gets $350 Million in Debt Financing from OPIC to Scale Solar and Wind Projects
ReNew Power has secured fresh debt financing of up to $350 million (~₹24.91 billion) from the Overseas Private Investment Corporation (OPIC). The funds will be utilized by ReNew Power to support ...
Maharashtra Invites Bids to Set Up 50 Electric Vehicle Charging Stations
The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has issued a tender to install 50 electric vehicle charging stations in the state. These charging stations will be spread across seven ...
EDITORS' PICKS
50 MW of Solar Projects to be Developed in Pavagada Solar Park at a Tariff of ₹1.24/kWh
The Karnataka Electricity Regulatory Commission (KERC) has given its approval to issue the letter of award (LoA) to Amar Raja Power Systems Limited, to construct 50 MW (10 MW x ...
Indian Solar Cell and Module Imports Decline by 37% Year-over-Year in CY 2018
In calendar year (CY) 2018, the Indian solar sector imported solar modules and cells totaling nearly $2.59 billion (~₹184.57 billion), a 37 percent decline from the $4.12 billion (~₹269 billion) ...
NTPC Invites Bidders to Enlist for Constructing its Wind Projects
NTPC Ltd. has invited online applications from bidders to enlist for its wind energy projects in India. The scope of work includes the detailed design, engineering, micro-siting, manufacture, supply, erection, ...
AES, Mitsubishi and Tata Commission 10 MW Battery Energy Storage System in Delhi
The 10 MW grid-connected system will be owned by AES and Mitsubishi Corporation. Fluence, a supplier of energy storage technology jointly owned by Siemens and AES, supplied the Advancion lithium-ion ...
IFC Announces Investment of $75 Million in AC Energy’s Green Bonds
The International Finance Corporation (IFC) has announced that it has committed an investment of $75 million in the first-ever listed green bond issued and guaranteed by AC Energy, the power ...
Government Approves Financial Support Worth ₹118 Billion for Rooftop Solar Program
The Cabinet Committee on Economic Affairs (CCEA) has given its approval for the second phase of grid-connected rooftop solar program with central financial support to the tune of ₹118.14 billion ...
Madhya Pradesh Commission Rejects DISCOM’s Petition to Review Old Wind Tariff Order
The Madhya Pradesh Electricity Regulatory Commission (MPERC) has rejected the petition filed by M.P. Power Management Company Ltd (MPPMCL) to review the tariff order dated March 26, 2013, for wind power ...
Government Proposes EV Charging Stations at Every 25 Kms on Roads
The Town and Country Planning Organization, Ministry of Housing, and Ministry of Urban Affairs have released amendments to Model Building By-Laws (MBBL) to provide for electric vehicle (EV) charging infrastructure ...
Gujarat Floats Tender for 175 MW of Solar Projects
The Gujarat State Electricity Corporation Limited (GSECL) has issued a tender for setting up 75 MW of solar power projects at Dhuvaran, near Khambhat in district Anand and another 100 ...
Amazon Sets Goal to Make 50% of Shipments Net Zero Carbon by 2030
Technology and e-commerce giant Amazon has announced that it aims to make 50 percent of all of its shipments with net zero carbon by 2030. The company plans on achieving ...
SECI’s 750 MW Solar Tender for Rajasthan Oversubscribed by 1,620 MW
The Solar Energy Corporation of India (SECI)’s 750 MW tender for solar PV projects to be developed on a standalone basis across the state of Rajasthan has been oversubscribed by 1,620 ...
UPC Solar Quotes Lowest Tariff of ₹2.55/kWh in Gujarat’s 500 MW Solar Auction
Paryapt Solar, a special purpose vehicle by UPC Solar, has emerged as the lowest bidder by quoting a tariff of ₹2.55 (~$0.035)/kWh to develop 50 MW in the recent auction conducted ...
SECI Tenders 20 MW of Floating Solar in Lakshadweep with 60 MW of Battery Storage
The Solar Energy Corporation of India Ltd. (SECI) has issued a new tender for floating solar projects. This time, the tender is for 20 MW of floating solar PV projects with ...
MAHAGENCO Announces a 138 MW Solar Tender
The Maharashtra State Power Generation Company Limited (MAHAGENCO) has announced a 138 MW (AC) tender for solar power projects in the vicinity of power stations of Maharashtra State Power Generation ...
Malaysia Launches a 500 MW Capacity Solar Tender
The Suruhanjaya Tenaga (Energy Commission of Malaysia) has issued a 500 MW large-scale solar tender in Peninsular Malaysia. Once commissioned, the solar projects will be connected to the grid and ...
Maharashtra Auctions 1 GW of Solar Projects at Lowest Tariff of ₹2.74/kWh
Shiv Solar and ACME Solar have quoted the lowest tariff of ₹2.74 (~$0.038)/kWh in the recent auction conducted by the Maharashtra State Electricity Distribution Company Limited (MSEDCL) for the purchase of ...
SECI Issues Tenders for 1.2 GW of Wind, 1 GW of Solar, and 97.5 MW of Rooftop Projects
The Solar Energy Corporation of India Ltd. (SECI) recently issued three tenders for the expansion of renewable capacity in the country. The first tender is for setting up of 1,200 ...
Mercom India MD Wins Illustrious Chanakya Award for ‘Communicator of the Year’
Priyadarshini Sanjay, Managing Director of Mercom Communications India (Mercom India), has been awarded the illustrious Chanakya Award for "Communicator of the Year - Corporate Communications." Priya Sanjay was selected out ...
Solar Safeguard Duty Notification Should be Treated as Change in Law: MERC
The Ministry of Finance’s notification that imposed the Safeguard Duty is an event of Change in Law, and therefore the additional expenditure and other impacts will be considered for reimbursement ...
Renewable Energy Projects Received $505 Million in Central Financial Assistance
In a question and answer session in Rajya Sabha, the Minister of Power and New and Renewable Energy, R.K Singh declared the state-wise central financial assistance (CFA) that was released ...
