REC Raises $700 Million Through Global Medium-Term-Note Program

REC Raises $700 Million Through Global Medium-Term-Note Program

The REC Limited (Formerly, Rural Electrification Corporation of India), a public sector enterprise under the Government of India, has raised $700 million through initial foray of its $5 billion global ...
/ / Finance and M&A, Solar
Government Mulls Imposing a Penalty on DISCOMs for Unscheduled Power Cuts

Government Mulls Imposing a Penalty on DISCOMs for Unscheduled Power Cuts

Soon, distribution companies (DISCOMs) might have to pay a penalty for load shedding other than unforeseeable conditions or technical faults. R.K. Singh, the Minister of Power, apprised the Lower House ...
/ / Grid, Market & Policy
SECI Tenders Wind for Central Public-Sector Enterprises

SECI Tenders 100 MW of Wind for Central Public-Sector Enterprises

The Solar Energy Corporation of India (SECI) has issued a tender for 100 MW of interstate transmission system (ISTS) connected wind projects, and only Central Public-Sector Enterprises (CPSEs) are allowed ...
/ / Other, Wind
Wind Energy

MNRE Approves Another 1,000 MW Wind Tender

The Ministry of New and Renewable Energy (MNRE) approved a tender of another 1,000 MW under its Wind program on May 4, 2017. “With the success of the first 1,000 ...
/ / Other, Wind