Author Archives: Nithin Thomas Prasad

About Nithin Thomas Prasad

Nithin is a staff reporter at Mercom India. Previously with Reuters News, he has covered oil, metals and agricultural commodity markets across global markets. He has also covered refinery and pipeline explosions, oil and gas leaks, Atlantic region hurricane developments, and other natural disasters. Nithin holds a Masters Degree in Applied Economics from Christ University, Bangalore and a Bachelor's Degree in Commerce from Loyola College, Chennai.

nithin@mercomindia.com

@nithinthomas91

Tender Floated for Feasibility Study of Pumped Storage Projects in Andhra Pradesh

Tender Floated for Feasibility Study of Pumped Storage Projects in Andhra Pradesh

The New and Renewable Energy Development Corporation of Andhra Pradesh Limited (NREDCAP) has floated a tender for reports on techno-commercial feasibility of pumped storage power (PSP) projects at 30 tentative ...
Suzlon’s Net Loss Reaches ₹7.78 Billion in Q2 of FY 2020

Suzlon’s Net Loss Reaches ₹7.78 Billion in Q2 of FY 2020

Pune-based renewable energy solutions provider Suzlon Group has announced its financial results for the second quarter (Q2) of the fiscal year 2019-20 (FY 2020). Suzlon reported a net loss of ...
/ / Wind
Maharashtra Invites Bids for 3.65 MW of Rooftop and Ground-Mounted Solar Projects

Maharashtra Invites Bids for 3.65 MW of Rooftop and Ground-Mounted Solar Projects

The Maharashtra Energy Development Agency (MEDA) has invited bids for 3.65 MW of grid-connected solar projects in the state. The tender includes both rooftop and ground-mounted solar systems to be ...
Lithium Urban Technologies Partners with Wipro for Employee Transportation EV Fleet

Lithium Urban Technologies Partners with Wipro for Employee Transportation EV Fleet

Lithium Urban Technologies Private Limited has partnered with Indian software giant Wipro to expand its fleet of electric vehicles (EV) for transporting its employees across its offices in India. The ...
APTEL Asks Tamil Nadu Commission to Review its Tariff Order for Renewables

APTEL Asks Tamil Nadu Commission to Review its Tariff Order for Renewables

The Appellate Tribunal for Electricity (APTEL) has asked the Tamil Nadu Electricity Regulatory Commission’s (TNERC) to pass a new tariff order for power procured from renewable sources. This judgment comes ...
With Newly Commissioned Solar Projects, Azure Sees a 28% Rise in Revenue in Q2 FY20

With Newly Commissioned Solar Projects, Azure Power Sees a 28% Rise in Revenue in Q2 FY20

Azure Power (NYSE: AZRE) has announced its consolidated financial results for the second quarter of the financial year (FY) ending September 30, 2019. The independent solar power producer reported that ...
After the Success of SAUBHAGYA Program, Off-Grid Solar Product Sales Decline: GOGLA

After the Success of SAUBHAGYA Program, Off-Grid Solar Product Sales Decline: GOGLA

Sales of off-grid solar products in India fell by 20% in the first half of 2019 when compared with the second half of 2018, according to the latest report from ...
/ / Off-grid, Solar
Singapore’s Temasek Partners with Swedish EQT to Build Solar & Wind Farms in India

Singapore’s Temasek Partners with Swedish EQT to Build Solar & Wind Farms in India

Temasek, a Singapore-based Holdings company, has partnered with EQT, a Swedish private equity company, to launch a renewable energy platform in India. The platform, called 02 Power, aims to construct wind ...
BHEL Seeks Cable Suppliers for 175 MW of Solar Projects in Gujarat

BHEL Seeks Cable Suppliers for 175 MW of Solar Projects in Gujarat

Bharat Heavy Electricals Limited (BHEL), a public sector undertaking (PSU), has issued a request for quotation (RfQ) for high-tension (HT) cables for two solar projects with the Gujarat State Electricity ...
/ / Grid, T&D
Adani Green’s Profit for Q2 FY20 Reaches ₹10.2 Million

Adani Green’s Profit for Q2 FY20 Reaches ₹10.2 Million

Adani Green Energy Limited (AGEL), the renewable energy arm of Adani Group, has announced its consolidated results for the first half of the financial year (FY) 2020 and the second ...
Hindustan Insecticides Issues Tender for 2.15 MW of Solar Projects with Battery Storage

Hindustan Insecticides Issues Tender for 2.15 MW of Solar Projects with Battery Storage

Hindustan Insecticides Limited, a government-owned enterprise, has issued an expression of interest (EOI) for 2.15 MW of solar projects with battery energy storage systems (BESS) to be installed at three ...
ADB Approves $6 Million Grant to Tuvalu to Increase its Renewable Energy Generation

ADB Approves $6 Million Grant to Tuvalu to Increase its Renewable Energy Generation

The Asian Development Bank (ADB) approved a $6 million grant for the Government of Tuvalu (located in the south Pacific) to help it shift away from fossil fuels and to ...
U GRO Capital and Sunvest Capital Launch ₹200 Million Solar Financing Program in India

U GRO Capital and Sunvest Capital Launch ₹200 Million Solar Financing Program in India

U GRO Capital, a financial technology company, has entered into a partnership with Sunvest Capital, a non-banking financial company (NBFC​) focused on providing rooftop solar financing. The two have announced ...
West Bengal Floats Tender for a 220kV Solar Evacuation Line

West Bengal Floats Tender for a 220kV Solar Evacuation Line

The West Bengal Power Development Corporation Limited (WBPDCL) has floated a tender for the extension of a solar power evacuation line at the Sagardighi thermal power project in the state ...
CERC_ Demonetization a Force Majeure Event, SECI to Refund ₹30 Million to Wind Developer

CERC Rules in Favor of SECI, Does Not Consider Demonetization a ‘Force Majeure’ Event

The Central Electricity Regulatory Commission (CERC) has ruled in favor of the Solar Energy Corporation of India (SECI) that had encashed the performance bank guarantee of a solar developer for ...
/ / Wind
Rajasthan DISCOM Asked to Waive Open Access Surrender Charges Against Rajasthan Patrika

Rajasthan DISCOM Asked to Waive Open Access Surrender Charges Against Rajasthan Patrika

In response to a petition filed by Rajasthan Patrika Private Limited (RPPL) against Rajasthan Vidyut Prasaran Nigam Limited (RVPNL) to waive surrender charges for the reallocation of for captive consumption, ...
Entities Can Choose Proportion of Wind and Solar Sources in Hybrid Projects to Meet RPO

Entities Can Choose Proportion of Wind and Solar Sources in Hybrid Projects to Meet RPO

The Ministry of New and Renewable Energy (MNRE) has revised its National Wind-Solar Hybrid Policy to state that the renewable purchase obligation (RPO) contribution of obligated entities that consume energy ...
Coal India Invites Expression of Interest for a 100 MW Solar Project in Chhattisgarh

Coal India Invites Expression of Interest for a 100 MW Solar Project in Chhattisgarh

Coal India Limited (CIL) has issued an Expression of Interest (EoI) to set up a 100 MW solar pilot project in Chhattisgarh for captive consumption to help it meet its ...
Punjab Announces Tender for 10 MW of Rooftop Solar Projects

Punjab Announces Tender for 10 MW of Rooftop Solar Projects

The Punjab Energy Development Agency (PEDA) issued a request for proposal (RfP) to set up 10 MW of grid-connected rooftop solar systems atop both government and private buildings in the ...
MERC Rules in Favor of Solar Open Access Developer In the Case of Payment Dues

MERC Rules in Favor of Solar Open Access Developer In the Case of Payment Dues

The Maharashtra Electricity Regulatory Commission (MERC), in response to a petition filed by Modern India Limited (MIL), issued an order directing Global Energy Private Limited (GEPL) to release the payment ...
ADB Grants $451 Million Loan to Boost Power Transmission Capacity in Tamil Nadu

ADB Grants $451 Million Loan to Boost Power Transmission Capacity in Tamil Nadu

The Asian Development Bank (ADB) has sanctioned a $451 million (~₹31.77 billion) loan to the state of Tamil Nadu for a project that will enable better power transfer between the ...
/ / Grid, T&D
U.S. Begins Year-Long Withdrawal Process from Paris Climate Change Accord

U.S. Begins Year-Long Withdrawal Process from Paris Climate Change Accord

The United States government has said that it has submitted its formal notification of withdrawal from the Paris Climate Change Agreement to the United Nations, starting the one-year-long process. President ...
Tata Power and Rockefeller Foundation to Set Up Renewable Microgrids in India

Tata Power and Rockefeller Foundation to Set Up Renewable Microgrids in India

Tata Power and the Rockefeller Foundation have launched TP Renewable Microgrid Ltd., with plans to set up 10,000 microgrids in India by 2026. The new unit is expected to provide ...
Tender Issued for Installation Solar-Hybrid Street Lighting System in Assam

Tender Issued for Installation Solar-Hybrid Street Lighting System in Assam

The Ministry of Road Transport and Highways (MRTH) issued a request for proposal (RfP) for providing a solar-hybrid street lighting system on Assam’s Dhola-Sadiya bridge over the Brahmaputra river. The ...
Odisha to Install Rooftop Solar Projects Totalling 1.7 MW At Fire Stations Across the State

Odisha to Install Rooftop Solar Projects Totalling 1.7 MW At Fire Stations Across the State

The Odisha Renewable Energy Development Agency (OREDA) has invited tenders for rooftop solar projects of various capacities across 313 fire stations in the state. The projects, with a cumulative capacity ...