Tata Power Delhi Distribution Limited to Install 2,50,000 Smart Meters in First Phase
Tata Power Delhi Distribution Limited (TPDDL), a power distribution company (DISCOM), will be installing 2,50,000 smart meters in North and Northwest Delhi by end 2018. The 2,50,000 smart meters will ...
After Solid Accomplishments, Piyush Goyal Makes Way for Raj Kumar Singh as India’s New Minister of Power
In a recent cabinet shuffle, Mr. Piyush Goyal was promoted to the position of Minister of Railways and Coal and Mr. Raj Kumar Singh took over his old role as ...
KERC Sets ₹3.74/kWh as Benchmark Tariff for Wind Projects in Karnataka
The Karnataka Electricity Regulatory Commission (KERC) has fixed ₹3.74 (~$0.058)/kWh as the generic tariff for wind projects in Karnataka. The new benchmark tariff will be applicable through March 31, 2018 ...
Extensions Given to Solar Module Exporters in DGAD Anti-Dumping Investigation
The office of the Directorate General of Anti-Dumping & Allied Duties (DGAD) India has extended the time to return responses to the anti-dumping investigation on solar imports from China, Taiwan ...
36.4 MW of Small Solar Tenders Announced in India Last Week
More than 36.4 MW of solar tenders were announced in India during the week ending September 1, 2017, up from just 5 MW of solar tenders unveiled a week earlier ...
Construction of BRICS Bank Funded 100 MW Rooftop Solar Project Begins in Shanghai
The construction of the 100 MW Shanghai Lingang Distributed Solar Power project has begun in Shanghai, China. The project is being funded by BRICS New Development Bank (NDB) and will ...
Rajasthan Renewable Energy Corporation Suspends Approval of Renewable Energy Projects Under REC Mechanism
The Rajasthan Renewable Energy Corporation Limited (RRECL) has suspended the approval of all renewable energy (wind, solar) projects under the REC Mechanism in Rajasthan. The RRECL has issued the order ...
Month in a Minute: Important Headlines and Data Points from the Indian Renewable Energy Sector in August 2017
IDFC Alternatives’ India Infrastructure Fund II (IIF II), through its wholly-owned subsidiary Vector Green Energy, has entered into definitive agreements with First Solar Power India and its affiliates to acquire ...
Sale of Non-Solar RECs Decline
With obligated entities required to pay the old renewable energy certificate (REC) rate of ₹1,500/REC, the total number of non-solar RECs sold in August 2017 was 2,89,505, 42 percent lower ...
Investors Get to Participate in India Solar Story with Government Sale of 5 Percent Stake in NTPC
The Government of India is selling a five percent stake in the National Thermal Power Corporation (NTPC), a state-owned public utility, and the largest power utility in India, for $1.03 ...
Inox Wind to Supply 100 MW of Wind Turbines to Adani for Wind Project in Gujarat
Inox Wind, a wind energy solutions providers, has closed a deal to develop a 100 MW wind power project for Adani Green Energy, part of the Adani Group, in Kutch, ...
IFC to Provide $50 Million Loan to ACME Jaipur Solar Power Private Limited for 250 MW Solar Project in Rewa
The International Finance Corporation (IFC), a member of the World Bank, will provide a $50 million (~₹3.2 billion) loan to ACME Jaipur Solar Power Private Limited, a wholly-owned subsidiary of ...
Tata Power and Adani Top the List of India Solar Project Developers
As utility-scale solar in India takes off, two large power conglomerates – Tata Power and Adani – are leading project development activity. Cumulative large-scale solar installations reached ~13.6 GW in ...
Better Energy Teams up with Tata Power Solar and Huawei Technologies for 1 GW of Solar
Tata Power Solar and Huawei Technologies have entered into new supplier and partnership agreements with Better Energy, a Danish company, to develop 1 GW of solar in by 2020. "Better ...
Japanese Firm Mitsui to Invest $9 Million in OMC Power
Mitsui & Co., a Japanese trading house, is planning to develop small-scale solar projects in India by investing $9.11 million (~₹582 million) in OMC Power, a rural power company that ...
Sembcorp Acquires Remaining Stake in Sembcorp Green Infra for ₹14.1 Billion from IDFC
Sembcorp Industries, an energy, water and marine group operating worldwide, through its wholly-owned subsidiary Sembcorp Utilities, has entered into an agreement to acquire the remaining 28 percent stake in Sembcorp ...
ABB India Crosses 5 GW Inverter Supply Mark
ABB India has surpassed a 5 GW milestone for the supply of solar inverters in India according to a company release. ABB has been making inverters in the country since ...
India Renewable Energy Policy Roundup from August 2017
Government agencies were busy in the month of August with two anti-dumping cases decided against Chinese companies for solar glass and castings for wind turbines. The Ministry of New and ...
Rising Chinese Module Prices Pose Significant Short-Term Challenge for India’s Solar Industry
After falling by approximately 5 percent in the second quarter of 2017, for the first time in years, the average selling price (ASP) for Chinese modules is increasing quarter-over-quarter in ...
Vaisala Expands Indian Operations Amid Growth in Solar and Wind Sectors
To meet rising demand, Finnish environmental and industrial measurement company Vaisala, through its subsidiary 3TIER India, is adding new personnel to its staff as it responds to steadily growing demand ...
Rural Electrification Corporation Provides $2 Billion Loan to MAHAGENCO to Develop Thermal and Renewable Energy Projects
The Rural Electrification Corporation (REC), a public sector unit of the Government of India involved in financing all segments of power sector, has provided a ₹130 billion (~$2 billion) loan ...
IFC to Provide $50 Million Loan to Arinsun Clean Energy for 250 MW Solar Project in Rewa
The International Finance Corporation (IFC), a member of World Bank Group, will provide a $50 million (~₹3.2 billion) loan to Arinsun Clean Energy, a subsidiary of Solenergi Power Private Ltd ...
MNRE and GIZ Sign Agreement to Improve Grid Integration of Renewable Energies
The Ministry of New and Renewable Energy (MNRE) and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH India on behalf of the Government of Germany, signed an agreement on technical cooperation ...
Railway Energy Management Company Auctions Over 67 MW of Rooftop Solar
The Railway Energy Management Company Limited (REMCL) successfully auctioned 67.38 MW of rooftop solar projects for the Indian Railways. These projects will be developed at premises and properties owned by ...
Tata Power Solar Sales Jump 52 Percent, Profits Triple
Tata Power Solar said its net sales in fiscal year 2017 increased by 52 percent against the year‑earlier period to ₹2,262 crores. By comparison, net sales of ₹1,490 crores were ...