Author Archives: Rakesh Ranjan

About Rakesh Ranjan

Rakesh is a staff reporter at Mercom India. Prior to joining Mercom, he worked in many roles as a business correspondent, assistant editor, senior content writer, and sub-editor with bcfocus.com, CIOReview/Silicon India, Verbinden Communication, and Bangalore Bias. Rakesh holds a Bachelor’s degree in English from Indira Gandhi National Open University (IGNOU).

rakesh@mercomindia.com

@rakesh_ranjan09

SECI Floats Tender for 100 Solar Street Lights at Katerniaghat Wildlife Sanctuary

SECI Floats Tender for 100 Solar Street Lights at Katerniaghat Wildlife Sanctuary

The Solar Energy Corporation of India Limited (SECI) has floated a tender for 100 solar street lights and 50 solar fox lights in the fringe area of Karikot village in ...
/ / Solar, Tenders & Auctions
AMEA Power Signs PPA with EETC for Renewable Projects in Egypt

AMEA Power Signs PPA with EETC for Renewable Projects in Egypt

Dubai-based AMEA Power, a subsidiary of Al Nowais Investment (ANI), has signed a power purchase agreement (PPA) with the Egyptian Electricity Transmission Company (EETC) for a 200 MW solar PV ...
/ / Markets & Policy, Solar
CEL Invites Bids for 44 MW of Solar Systems at Substations Across Maharashtra

CEL Invites Bids for 44 MW of Solar Systems at Substations Across Maharashtra

The Central Electronics Limited (CEL) has invited bids for 44 MW of solar generating systems ranging from 250 kW to 10 MW at various substations located in the state of ...
/ / Solar, Tenders & Auctions
Long-Term Open Access Customers Get Highest Priority in Uttar Pradesh

Long-Term Open Access Customers Get Highest Priority in Uttar Pradesh

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has come up with open access regulations, termed as the Uttar Pradesh Electricity Regulatory Commission (terms and conditions for open access) Regulations, 2019 ...
/ / Markets & Policy, Solar
Cochin Port Tenders a 350 kW Rooftop Solar Project at its Premises

Cochin Port Tenders a 350 kW Rooftop Solar Project at its Premises

The Cochin Port Trust has floated a tender for the development of a 350 kW grid-connected rooftop solar PV project at its premises. The scope of work will include the ...
/ / Solar, Tenders & Auctions
Qatar Investment Authority to Acquire 25% Stake in Adani Electricity Mumbai

Qatar Investment Authority to Acquire 25% Stake in Adani Electricity Mumbai

In an important development, the Qatar Investment Authority (QIA) has signed an agreement to invest ₹32 billion (~$450 million) for a 25.1% stake in Adani Electricity Mumbai Limited (AEML). As ...
/ / Finance and M&A, Other
CERC Dismisses SECI’s Petition Seeking Termination of Solar PPA Signed with Welspun

CERC Dismisses SECI’s Petition Seeking Termination of Solar PPA Signed with Welspun

The Central Electricity Regulatory Commission (CERC) has dismissed a review petition filed by the Solar Energy Corporation of India (SECI). The petition had asked for the review of the commission’s ...
/ / Markets & Policy, Solar
BEE to Help 100 Existing Buildings Achieve Nearly Zero Energy Status

BEE to Help 100 Existing Buildings Achieve Nearly Zero Energy Status

The Bureau of Energy Efficiency has a new program for conducting feasibility tests free of cost on 100 existing buildings, which will help them develop a framework to transform into ...
/ / Energy Efficiency, Other
Karnataka Promotes Third-Party Investment for Rooftop Solar Projects

Karnataka Promotes Third-Party Investment for Rooftop Solar Projects

The Karnataka Electricity Regulatory Commission (KERC) has decided to encourage third-party investments in solar rooftop projects on consumers’ rooftops in a bid to accelerate capacity additions in the rooftop solar ...
/ / Markets & Policy, Solar
Rajasthan DISCOMs Weary of Transmission Systems for Solar In the State

Rajasthan DISCOMs Weary of Transmission Systems for Solar in the State

The Central Electricity Regulatory Commission (CERC) has dismissed a review petition filed by the Rajasthan distribution companies (DISCOMs) complaining about the adverse financial implications in terms of load flow and ...
/ / Grid, T&D
Green Climate Fund and AfDB to Provide $154 Million for Renewable Financing in Zambia

Green Climate Fund and AfDB to Provide $154 Million for Renewable Financing in Zambia

The Green Climate Fund (GCF) and the African Development Fund (AfDB) have joined hands to support a $154 million renewable financing framework in the southern African nation of Zambia. Historically, ...
/ / Finance and M&A, Other
CERC Approves Tariff of ₹2.77_kWh for 1,200 MW of Wind Projects

CERC Approves Tariff of ₹2.77/kWh for 1,200 MW of Wind Projects

The Central Electricity Regulatory Commission (CERC) has given its approval for 1.2 GW of wind projects floated by SECI. The central commission observed that the selection of successful bidders and ...
/ / Wind
Philippines-Based AC Energy Launches $400 Million Green Bonds

Philippines-Based AC Energy Launches $400 Million Green Bonds

AC Energy, the energy platform of Philippines-based Ayala Corporation, has launched its non-deferrable green bonds. The aggregate principal amount is $400 million, with a fixed coupon of 5.6% for life ...
/ / Finance and M&A, Solar
Uttar Pradesh to Procure 200 MW of Solar Power from Pavagada at ₹2.89_kWh

Uttar Pradesh to Procure 200 MW of Solar Power from Pavagada at ₹2.89/kWh

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has approved the power sale agreement (PSA) signed between Uttar Pradesh Power Corporation Limited (UPPCL) and the Solar Energy Corporation of India (SECI) ...
/ / Markets & Policy, Solar
Sembcorp Set to Acquire Remaining 6% Stake in its Indian Subsidiary

Sembcorp Set to Acquire Remaining 6% Stake in its Indian Subsidiary

Singapore-based renewable company Sembcorp Industries (Sembcorp) has announced that it will acquire the remaining 5.95% stake in its Indian arm, Sembcorp Energy Ltd. (SEIL) for ₹4,060 million ($56.9 million). According ...
/ / Finance and M&A, Solar
Andhra Power Finance Corporation Set to Raise Resources for Lending to Power Companies

Andhra Power Finance Corporation Set to Raise Resources for Lending to Power Companies

The Andhra Pradesh Power Finance Corporation Limited (APPFCL) has stated that the state-run power companies have been raising funds from financial institutions and other lending organizations at high interest rates ...
/ / Grid, Other
Rajasthan Invites Applications to Lease Land for Solar Projects Under KUSUM Program

Rajasthan Invites Applications to Lease Land for Solar Projects Under KUSUM Program

The Rajasthan Renewable Energy Corporation (RREC) has invited applications from interested entities to set up solar projects on their own or offer their land on lease under the Component-A of ...
/ / Markets & Policy, Solar
Vietnam to Go Back to Solar Auctions, Decides to Ditch Feed-in-Tariffs

Vietnam to Go Back to Solar Auctions, Decides to Ditch Feed-in-Tariffs

After months of confusion and uncertainty over the future of renewable projects in Vietnam, Prime Minister Nguyen Xuan Phuc has announced that the country will go back to conducting solar auctions, ...
/ / Markets & Policy, Solar
An Estimated $24.7 Trillion Investment Potential in Green Buildings by 2030, Says IFC Report An Estimated $24.7 Trillion Investment Potential in Green Buildings by 2030, Says IFC Report

An Estimated $24.7 Trillion Investment Potential in Green Buildings by 2030, Says IFC Report

The International Finance Corporation (IFC), a member of the World Bank Group, has come out with its latest report that sheds light on the enormous potential of green buildings in ...
/ / Energy Efficiency, Other
Tata Power Distribution to Procure 150 MW of Solar Power at a Tariff of ₹2.83_kWh

Tata Power Distribution to Procure 150 MW of Solar Power at a Tariff of ₹2.83/kWh

The Maharashtra Electricity Regulatory Commission (MERC) has given its approval to Tata Power Company Limited-Distribution (TPC-D) to procure 150 MW of power on a long-term basis from solar projects at ...
/ / Markets & Policy, Solar
NTPC Floats Tender for Purchase of Power from 100 MW of Solar Projects

NTPC Floats Tender for Purchase of Power from 100 MW of Solar Projects

The National Thermal Power Corporation (NTPC) has invited bids from eligible bidders for the purchase of power from existing solar power projects of a cumulative capacity up to 100 MW ...
/ / Solar, Tenders & Auctions
LONGi to Supply 1.2 GW of Solar Modules to Adani Green by 2020

LONGi to Supply 1.2 GW of Solar Modules to Adani Green by 2020

Chinese module supplier LONGi has entered into a strategic partnership with Adani Green Energy, the renewable arm of Adani Group, to supply 1.2 GW of its new generation Hi MO4 ...
/ / Modules, Solar
Increasing Number of Insurance Companies Moving Away from Coal-Based Projects_ Report

Increasing Number of Insurance Companies Moving Away from Coal-Based Projects: Report

Coal, one of the most significant contributors to climate change, is on its way to becoming uninsurable. The Unfriend Coal campaign, which is now in its third year, shows how ...
/ / Other Energy
EESL Joins Hands with SDMC to Install 75 EV Charging Stations Across Delhi

EESL Joins Hands with SDMC to Install 75 EV Charging Stations Across Delhi

Facilitating the adoption of e-mobility in the national capital, the Energy Efficiency Services Limited (EESL) has signed a Memorandum of Understanding (MoU) with the South Delhi Municipal Corporation (SDMC) to ...
/ / Electric Vehicles, Grid
ADB Approves $250 Million to EESL to Assist its Energy Efficiency Program in India

ADB Approves $250 Million to EESL to Assist its Energy Efficiency Program in India

The Asian Development Bank (ADB) has sanctioned a loan of $250 million as a part of the assistance package to the Energy Efficiency Services Limited (EESL). The loan will help ...
/ / Energy Efficiency, Other