NSEFI Seeks Interest Waiver to Help Solar Developers Clear Unpaid Safeguard Duty Dues
The National Solar Energy Federation of India (NSEFI) has requested the Central Board of Indirect Taxes and Customs (CBIC) to introduce a 'Legacy Dispute Resolution/Settlement Program to help eligible safeguard ...
Meghalaya Announces Electric Vehicle Policy with Purchase Subsidy for Early Adopters
The Transport Department of the Government of Meghalaya has issued the 'Meghalaya Electric vehicle Policy, 2021', which aims to see electric vehicles (EV) representing 15% of the state's overall vehicle ...
Electric Vehicle Maker Euler Motors Raises ₹300 Million from Existing and New Investors
Euler Motors, a New Delhi-based electric vehicle (EV) manufacturer, has raised ₹300 million (~$4.1 million) as a part of its ongoing Series A round. The funding was led by existing ...
Moradabad Smart City Issues Tender for Solar Water ATMs
Moradabad Smart City has floated a request for proposal for setting up 25 solar-based water automated teller machines (ATM) to provide safe drinking water in Moradabad, Uttar Pradesh. Bidders must ...
Karnataka’s Renewable Energy Policy for 2021-2026 Aims at Adding 2 GW of Rooftop Solar
Karnataka Renewable Energy Development Limited (KREDL) has issued the ‘Draft Karnataka Renewable Energy Policy 2021-2026” aimed at developing 20 GW of renewable energy projects with and without energy storage. According ...
Telangana Solar Developers Write to Chief Minister About Piling Dues from DISCOMs
The Telangana Solar Power Developers' Association has urged the state Chief Minister to advise the Telangana State Power Coordination Committee and Telangana state distribution companies (DISCOMs) to clear at least ...
EV Charging Company ChargePoint Completes SPAC Deal, Lists on NYSE
U.S.-based electric vehicle charging network company ChargePoint’s shares began trading on the New York Stock Exchange on March 1, 2021, following the completion of its business combination with Switchback Energy ...
Five More States Become Eligible for Power Sector’s Reform-Linked Borrowings
Reform-linked borrowings have provided the necessary impetus for reforms in the power sector in many states in the country. According to the latest figures released by the Ministry of Finance, ...
Omega Seiki to Develop EV Manufacturing Facility in Bangladesh
Omega Seiki, the electric vehicle manufacturing arm of Anglian Omega Group, has announced that it would develop an electric vehicle (EV) manufacturing facility near Dhaka, Bangladesh. Omega Seiki said that ...
DISCOM Dues to Renewable Generators Edged Up to ₹122 Billion in January 2021
Distribution companies (DISCOMs) owed ₹122.49 billion (~$1.65 billion) to renewable energy generators (excluding disputed amounts) in overdue payments across 384 pending invoices at the end of January 2021, according to ...
Sterling and Wilson and Enel X Partner to Provide EV Charging Infrastructure
Sterling and Wilson, Mumbai-based engineering, procurement, and construction company, has signed a joint venture (JV) agreement with U.S.-based energy solutions company Enel X to enter the e-mobility segment in India. The companies ...
Karnataka Invites Bids for 50 Electric Buses under FAME II Program
The North Western Karnataka Road Transport Corporation (NWKRTC) has floated a tender for 50 electric buses under the gross cost contract (GCC) model under the Faster Adoption and Manufacturing of ...
CERC Revises Grant of Connectivity Guidelines for ISTS-Connected Renewable Projects
The Central Electricity Regulatory Commission (CERC) has approved the revised guidelines for the grant of interstate transmission system (ISTS) connectivity to renewable energy projects. The Commission had issued draft amendments ...
India, AIIB Sign ₹21.9 Billion Loan Deal to Strengthen Power Transmission in Assam
The Government of India and the Asian Infrastructure Investment Bank (AIIB) have signed a loan agreement for $304 million (~₹21.9 billion) to develop the 'Assam Intra-State Transmission System Enhancement' project ...
Flipkart to Deploy Over 25,000 Electric Vehicles in its Supply Chain by 2030
Flipkart, a Bengaluru-based e-commerce company, has said that it would deploy over 25,000 electric vehicles (EVs) across its supply chain by 2030 as a part of its commitment to achieving ...
Ministry of Power Issues New Rules for Late Payment Surcharge Payable by DISCOMs
The Ministry of Power has issued new regulations regarding the late payment surcharge, which will be applicable for power purchase agreements (PPAs) and transmission service agreements in which the tariffs ...
Developers Say ISTS Waiver Extension Inevitable, Highlight Other Pressing Issues
Renewable energy projects commissioned on or before June 30, 2023, have a waiver on inter-state transmission system (ISTS) charges and losses. But most of these projects are yet to sign ...
PGCIL Bags Two Transmission Projects to Evacuate 8.1 GW of Solar Power
Power Grid Corporation of India (PGCIL), a state-owned power transmission company, has bagged two power transmission projects in Rajasthan through tariff-based competitive bidding. These projects are built to evacuate 8.1 ...
GreenCell Joins Hands with PMI Electro to Deploy 350 Electric Buses Across Uttar Pradesh
GreenCell Mobility, an electric mobility-as-a-service (eMaaS) platform, has announced that it is investing ₹4 billion (~$55.09 million) in a consortium run by PMI Electro Mobility Solutions to deploy 350 electric ...
Ather Energy Begins Electric Two-Wheeler Production at its Facility in Tamil Nadu
Indian electric two-wheeler manufacturer, Ather Energy, has commenced operations from its facility in Hosur, Tamil Nadu. Ather has also started deliveries in Mumbai, Pune, Ahmedabad, Bangalore, Chennai, and Hyderabad, and ...
Bids Invited for the Procurement of 188,000 Smart Meters for Ajmer and Jodhpur DISCOMs
The Energy Efficiency Services Limited (EESL) has invited bids to procure 188,000 smart meters based on 3G/4G mode for deployment under Ajmer and Jodhpur distribution companies (DISCOMs). The successful bidder ...
India to Soon Get Another Power Exchange
The Central Electricity Regulatory Commission (CERC) proposes to grant registration to Pranurja Solutions to establish and operate a power exchange. The Commission said that it would invite suggestions and comments ...
Goa Announces Electric Mobility Initiatives
Goa's Minister of Power, Environment, and New & Renewable Energy Nilesh Cabral emphasized the importance of ushering in electric two-wheelers in Goa. He also highlighted other electric mobility initiatives as ...
Power Finance Corporation’s Revenue Up 16% in Q3 FY 2021
The Power Finance Corporation (PFC) has reported a rise in its revenue in the third quarter (Q3) of the financial year 2021 (FY 2021) with ₹184.42 billion (~$2.5 billion), up ...
Tender Floated for Setting up EV Charging, Battery Swapping Stations in Delhi
Delhi Transco Limited has floated a tender for setting up electric vehicle (EV) charging and battery swapping stations under packages (sites) A - J across the national capital territory of ...
