New Guidelines Propose Charging Stations for Heavy EVs Every 100 kilometers on Highways

New Guidelines Propose Charging Stations for Heavy EVs Every 100 kilometers on Highways

To facilitate the usage of electric vehicles (EV) in the country, the Union Power Minister R.K. Singh has approved the amendments in electric vehicle charging guidelines and specifications. The revised ...
/ / Electric Vehicles, Grid
KP Energy to Develop 251 MW Wind Project in Gujarat for CLP India

KP Energy to Develop 251 MW Wind Project in Gujarat for CLP India

KP Energy has tied up with CLP India, one of the largest foreign investors in the Indian power sector to develop a 250.8 MW wind project at Dwarka in Gujarat ...
/ / Other, Wind
CERC Proposes New Regulations for Power System Development Fund

CERC Proposes New Regulations for Power System Development Fund

The Central Electricity Regulatory Commission (CERC) has issued regulations for Power System Development Fund (PSDF), which will come into effect from the date of their publication in the Official Gazette ...
/ / Finance and M&A, Other
ADB Provides $750 Million Loan to Indian Railways for Transitioning to Electric Power

ADB Provides $750 Million Loan to Indian Railways for Transitioning to Electric Power

The Indian Railway Finance Corporation (IRFC) has signed an agreement with the Asian Development Bank (ADB) for the electrification of railway tracks. This initiative is part of a broad modernization ...
GuarantCo and Sindicatum Renewables Sign Deal for Green Bonds Worth $60 Million

UK’s Zouk Capital Acquires Majority Stake in Italy’s Electric Mobility Utility BE Power

Zouk Capital, an infrastructure and private equity fund manager, based out of the United Kingdom, has acquired a majority stake in BE Power. BE Power is a digital utility active ...
India’s Economic Survey Predicts $330 Billion Investment in Renewable Sector by 2030

Piramal Joins Hands with Canadian Pension Plan for a $600 Million Renewable Energy Trust

Armed with an initial corpus of $600 million (~₹41.6 billion), the newly-formed Infrastructure Investment Trust (InvIT) would seek to acquire between 1.5-2 GW of stable and cash generating renewables assets ...
Azure Power’s Revenue Up 29% to $35.4 Million in Q1 2019

Solar Project Financier PFS Announces 12% Increase in Revenues for FY 2019

Power project financier PTC Financial Services (PFS) has announced its FY 2019 results which indicate a good year for the company. The total revenue for PFS for FY 2019 was ...
Government Mulls Subsidizing of EV Charging Infrastructure to Boost E-Mobility

Government Mulls Subsidizing of EV Charging Infrastructure to Boost E-Mobility

To speed up India’s electric vehicle (EV) revolution, the government of India is planning to subsidize EV charging infrastructure. A Press Trust of India (PTI) report quoted the power secretary ...
A Primer: States that are Poised Lead India’s EV Revolution

A Primer: States that are Poised to Lead India’s EV Revolution

It has been almost five years since the launch of the National Electric Mobility Mission Plan (NEMMP). The plan was aimed at achieving national fuel security by promoting hybrid and ...
Is India’s Electric Vehicle Push for Real This Time?

Is India’s Electric Vehicle Push for Real This Time?

The shift from fossil-fuel powered vehicles to electric vehicles (EVs) has become more important than ever for India. The country has to embrace EVs quickly, if it wants to cut ...
IDFC Alternatives to Sell Infrastructure Asset Management Business to GIP India

IDFC Alternatives to Sell Infrastructure Asset Management Business to GIP India

IDFC Alternatives Limited, a wholly-owned step down subsidiary of IDFC Limited, has entered an agreement with investment firm Global Infrastructure Partners (GIP) India for the sale of its infrastructure asset ...
EV, Charging, Infrastructure, EESL, E buses, R.K. Singh, MNRE, DISCOM, energy efficiency

India’s EV Sector is Slowly Emerging from its Nascent Stage

India’s electric vehicle sector is progressing steadily, thanks to government efforts to procure EVs for various departments and efforts by city transportation corporations to procure e-buses for public transportation. As ...
MNRE Amends CFA Guidelines for Utilities Developing Solar Park Evacuation Infrastructure

MNRE Amends CFA Guidelines for Utilities Developing Solar Park Evacuation Infrastructure

The Ministry of New and Renewable Energy (MNRE) has amended the payment guidelines for the Central Financial Assistance (CFA) received by the state/central transmission utilities (STU/CTU) involved in the development ...
/ / Markets & Policy, Solar
NTPC Issues Tender to Develop EV Charging Infrastructure in Jabalpur

NTPC Issues Tender to Develop EV Charging Infrastructure in Jabalpur

The National Thermal Power Corporation (NTPC) has issued a tender for the development of electric vehicle (EV) charging infrastructure in Jabalpur, Madhya Pradesh. The bid-submission deadline is April 16, 2018 ...
Maharashtra Cabinet Approves Electric Vehicle Policy to Manufacture 500,000 EVs

Maharashtra Cabinet Approves Electric Vehicle Policy to Manufacture 500,000 EVs

The Maharashtra state government cabinet has given its nod to the state’s Electric Vehicle Policy 2018. A notification issued by the state government stated that all three segments of the ...