Ola Plans World’s Largest Electric Scooter Factory in Tamil Nadu Investing ₹24 Billion
One of the world's leading mobility platforms, Ola, signed a Memorandum of Understanding (MoU) with the Tamil Nadu government to create a manufacturing hub for electric vehicles (EV) and set ...
CERC Gets New Member of Law, Set to Resume Operations
After four months of the shutdown, normalcy returns to the Central Electricity Regulatory Commission (CERC) with the Ministry of Power (MoP) finally appointing a member of law in the Commission ...
PGCIL Reduces Bank Guarantee for its Power Transmission Projects from 10% to 3%
The Power Grid Corporation of India Limited (PGCIL), a government-owned company engaged mainly in the transmission of Power, has issued new performance security guidelines. According to the existing guidelines, the ...
Rajasthan Regulator Asks DISCOM to Ensure Timely Payments to Solar and Wind Generators
The Rajasthan Electricity Regulatory Commission (RERC) has issued an order directing the Jodhpur Vidyut Vitran Nigam Limited (JdVVNL) to verify and pay its overdue late payment surcharges (LPS) to a ...
Andhra DISCOM Proposes Cross Subsidy Surcharge of ₹2.45/kWh for Green Power Sales
The Andhra Pradesh distribution companies (DISCOMs) have filed the Aggregate Revenue Requirement (ARR) application for the retail supply business and proposed tariffs for the financial year 2020-21. The Eastern Power ...
Supreme Court Pulls Up Center for Laxity, Extends Stay on CERC’s Functioning
The Supreme Court pulled up the Ministry of Power (MoP) for failing to appoint a member of law in the Central Electricity Regulatory Commission (CERC) since August 2020. The apex ...
646,439 Rural Households in West Bengal Electrified Under SAUBHAGYA Program
The West Bengal Electricity Regulatory Commission (WBERC) has approved an investment proposal of ₹2.42 billion (~$32.92 million) by the West Bengal State Electricity Distribution Company (WBSEDCL) for providing connectivity and ...
DISCOM Dues to Renewable Generators Inch Up to ₹110.67 Billion in October
Distribution companies (DISCOMs) owed over ₹110.67 billion (~$1.5 billion) to renewable energy generators (excluding disputed amounts) in overdue payments across 439 pending invoices, according to data from the Ministry of ...
High Court of Punjab and Haryana Issues Stay Order on Chandigarh DISCOM Privatization
The High Court of Punjab and Haryana has issued a stay order on the Central Government’s proposal to privatize Chandigarh’s electricity distribution company (DISCOMs). The UT Powermen Union of Chandigarh had filed ...
Electric Two-Wheelers Can Now Operate as Taxis
According to the latest motor vehicle aggregators guidelines, the government will now allow two-wheelers running on electricity or alternate fuels (such as bio-ethanol) to be operated as taxis. According to ...
Hitachi ABB Power Grids and Ashok Leyland Partner for an E-Bus Pilot at IIT Madras
Hitachi ABB Power Grids has signed a memorandum of understanding (MoU) with Ashok Leyland and the Indian Institute of Technology Madras (IITM) for an e-mobility pilot project. Under the tripartite ...
Telangana Finalizes Demand-Side Management Regulations for Distribution Licensees
The Telangana State Electricity Regulatory Commission (TSERC) has released the final regulations for the demand-side management (DSM) initiatives of distribution licensees (DISCOMS). The DSM initiative is designed to encourage consumers ...
Okaya Bags EESL Contract to Set Up 1,020 EV Charging Stations Across India
Okaya Power has bagged a World Bank-funded contract from the state-run Energy Efficiency Services Limited (EESL) to deploy 1,020 electric vehicle (EV) charging stations across the country. EESL falls under ...
Bengaluru’s Electric Two-Wheeler Leasing Platform Welectric Raises Angel Funding
Welectric, an electric two-wheeler lifecycle management company, raised an undisclosed amount in angel funding from several investors. Welectric is an early-stage startup that deals with the sales, finance, maintenance, and ...
APTEL’s Stay on REC Trading has Significantly Impacted the Renewable Market: Interview
Renewable energy certificates (RECs) play a vital role in helping companies meet their renewable purchase obligations (RPOs). They encourage the sale and growth of renewable energy and help the country ...
Bangalore Transport Corporation to Procure 300 Electric Buses Under Gross Cost Contract
The Bangalore Metropolitan Transport Corporation (BMTC) has invited bids to select a service provider to procure 300 electric buses on a gross cost contract (GCC) model. The contract will also ...
DISCOM Privatization: Chandigarh Invites Bidders to Acquire its Distribution Licensee
The Chandigarh Administration has issued a request for proposal (RfP) inviting bidders to acquire its distribution company (DISCOM). In the notice inviting bids, the Electricity Wing of the Engineering Department of the Union Territory ...
Reduced Late Payment Surcharges, A Double Whammy for Power Generators?
To reduce the financial burden of distribution companies (DISCOMs), the Ministry of Power (MoP) proposed a reduction in late payment surcharges (LPS) for payment delays to the power generators last ...
DISCOMs Ask For Steep Hike in Electricity Tariff in Karnataka, Commission Goes Easy
The Karnataka Electricity Regulatory Commission (KERC) has issued the retail tariff order for various distribution companies (DISCOMS) for FY 2021. The new tariffs will come into force from November 01, ...
All DISCOMs Asked to Comply with Energy Conservation Act to Cut Electricity Losses
The Ministry of Power (MoP) issued a notification to cover all distribution companies (DISCOMs) under the purview of the Energy Conservation (EC) Act, 2001, to help reduce electricity losses and ...
Kerala Government to Hire 50 Electric Buses Under FAME Program for Thiruvananthapuram
The Kerala State Road Transport Corporation (KSRTC) has invited bids for hiring 50 electric buses on wet lease for the Thiruvananthapuram zone. The tender has been floated under the Faster ...
Electric Scooter Maker Ather Energy Raises $35 Million in Series D Funding
Electric scooter manufacturer Ather Energy raised $35 million in its latest Series D funding round, led by Sachin Bansal's $23 million investment. Hero MotoCorp has invested $12 million as a ...
Equity Lock-In Period Criteria Relaxed for Transmission Service Providers
The Ministry of Power (MoP) has issued amendments to the 'equity lock-in period' given in the standard bidding documents to select transmission service providers for interstate transmission system (ISTS) projects ...
ADB Extends Nearly $133 Million to Modernize Meghalaya’s Power Distribution System
The Asian Development Bank (ADB) announced that it has approved a $132.8 million loan to modernize the power distribution network in Meghalaya. The loan will be utilized to support a ...
Shortfall in Supply of Bundled Renewable Power to Attract Penalty of 400%
The Ministry of Power (MoP) has amended its guidelines for tariff-based competitive bidding for power procurement from round-the-clock (RTC) power projects to allow them to be bundled with any non-renewable ...
